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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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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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