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AIG, a global insurance organization that provides a broad range of property casualty insurance and related services, announced that Aviva’s Spencer Pimley has joined its Lex London team as property executive. Pimley has over 18 years of property underwriting experience supporting large multinational clients across a variety of business sectors. At AIG, Spencer will lead…
Global specialist insurance and reinsurance broker McGill and Partners has expanded its aviation insurance solutions to provide protection for aviation spare parts against the dangers of war on the ground. The broker is working with certain operators in the London market to offer the cover, which aims to fill a “critical” coverage gap in traditional…
Canopius Group, an international specialist property and casualty (P&C) re/insurer, has launched a new cyber warfare product to provide businesses with specialized protection against the escalating threat of cyber warfare. Cyber ​​warfare has grown to the point where it can shut down operations, compromise critical systems, and undermine financial resiliency. As global tensions increasingly flow…
Kuwait Reinsurance Company KSCP (Kuwait Reinsurance Company) announced that it has started operations in India’s first International Financial Services Center (IFSC), Gujarat International Financial Technology City (GIFT City). Founded in 1972, Kuwait Reinsurance Company is a reinsurance provider with offices in Kuwait and Malaysia. The company provides life and non-life treaty and temporary reinsurance solutions….
The Travelers Companies, Inc., a major U.S. insurance company, has notified the California Department of Insurance (CDI) of its intention to expand homeowners insurance coverage across the state through voluntary participation in the California Sustainable Insurance Strategy (SIS). The initiative, championed by the state’s Insurance Commissioner Ricardo Lara, allows participating carriers to incorporate forward-looking wildfire…
With total written premiums of approximately $4 billion in 2025, Miller, an independent specialty insurance and reinsurance brokerage, celebrated a milestone year with the addition of 180 new employees. Gross written premiums were $4 billion, unchanged from the previous year, but total revenue rose 15% to £314 million in 2025, compared with £271 million in…
North American insurance brokerage IMA Financial Group has completed a $4 billion property insurance placement on behalf of a publicly traded artificial intelligence and high-performance computing (HPC) data center company. The transaction was conducted by a leading global real estate operator and represents one of the largest single real estate placements in the digital infrastructure…
Tributary Public Risk (TPR), a new insurance provider specifically targeting public sector organizations, has officially begun operations, becoming the first insurance company registered in Canada and designed specifically for this market. The company was created to meet the unique risk, governance and procurement requirements of municipalities, schools, Crown agencies and other public bodies. Working through…
Home insurance group Hippo has appointed Stewart Ellis, the company’s executive vice president and chief strategy officer, to its board of directors, effective June 3, 2026. As a result of transitioning to a position on the Board of Directors, Ellis will resign from his current position and become an advisor to the Company, effective May…
A majority of insurance chief risk officers (CROs) expect cybersecurity to be a top concern over the next 12 months, with a significant proportion also ranking third-party and vendor cyber risk among their top five concerns, according to survey results from professional services firm EY. The company reports that many CROs are prioritizing AI-based risk…