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Peak Re names Wattanaumphaipong as Global Head of Distribution & Partnerships

Hong Kong-domiciled global reinsurer Peak Re has appointed Nattakorn Wattanaumphaipong as the Global Head of Distribution and Partnerships. Wattanaumphaipong brings over two decades of industry experience, having held senior leadership roles in management, reinsurance underwriting, and business development across Asia Pacific. Most recently, he served at the Great American Insurance Group as the Head of…

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Bamboo Insurance files S-1 for proposed NYSE IPO

Bamboo Insurance Services, Inc., an AI and technology-enabled, underwriting-first and capital-light homeowners insurance Managing General Underwriter (MGU), has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A common stock. While the number of shares to be offered…

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Global insurers must prepare to absorb $171bn in insured cat losses each year: Verisk

Increasing catastrophes, inflation and construction costs are driving the continued rise in insured losses, Verisk’s 2026 Global Modelled Catastrophe Losses Report finds. According to the annual report, the insurance industry should be prepared to withstand $171 billion in insured catastrophe losses on average in a given year, up $19 billion from a year ago, and…

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