Advertisement Shout

Renew Risk, a specialist provider of risk analysis for renewable energy assets, has announced the release of the UK and Ireland Storm Model (UKWS) and the European Storm Model (EUWS), marking the first catastrophe models specifically designed for offshore wind farms in these regions. The company positions these tools as a significant advance for insurers,…

Global reinsurer Hannover Re has announced the appointment of Kris Boundy as general manager of reinsurance business at Hannover Life Reinsurance Australia (HLR Aus). In his new role, Bondi will oversee the reinsurance business, including client relationships, product and pricing within the group, retail, longevity and structured solutions. She has nearly two decades of actuarial,…

Willis, a WTW company, announced the launch of Digital Infrastructure Protector, a new end-to-end lifecycle solution designed for data center owners and operators. This new offering combines comprehensive policy coverage during the construction and operations phases with enhanced, customized risk management to help data center owners, operators, contractors and hyperscalers increase operational and financial resiliency…

Zurich-based catastrophe insurance data provider PERILS has revealed its second industry loss estimate for extratropical storm Goretti (also known as Elli), putting insurance market losses at €479 million. The loss estimate covers the Property and Automotive business and is based on loss data collected from affected insurers, compared with the preliminary loss estimate of €467…

RLI Corp., a U.S. specialty insurance company focused on the property, casualty and surety markets, announced significant leadership changes within its claims organization, effective April 1, 2026. Cory Figiel has been named chief claims officer, responsible for guiding strategy and overseeing operations across all claims functions. She succeeds Bob Handzel, who retires on March 31,…

VIG Re, the reinsurance arm of Vienna Insurance Group, announced solid full-year results for 2025, with pre-tax profit increasing 17.8% year-on-year to €49 million, reflecting rigorous underwriting, effective risk management and solid investment performance. The reinsurer’s gross written premiums increased by 1.3% to €995.6 million in FY25, while return on equity came to 10.2%. VIG…

International reinsurance and reinsurance brokerage United Insurance Brokers Limited (UIB) has announced the appointment of David Waller as Managing Director of its Marine Division. UIB emphasized that as a key member of UIB’s Marine Corps team, Waller played a key role in the department’s success and expansion. The executive will leverage his extensive industry experience…

Duck Creek Technologies, a provider of property and casualty (P&C) and general insurance software solutions, has launched Duck Creek Reinsurance with Active Delivery, a new solution designed to help insurers simplify project management and improve financial controls. The company explains that this “groundbreaking solution eliminates the need for costly upgrades and enables insurers to manage…

Liberty International Insurance, a division of Liberty Mutual Insurance Group, announced the completion of license consolidation in the Asia-Pacific region and simplified its branding to “Liberty” in key markets in the region. This transformation is an important milestone for the company’s Asia Pacific business. By merging its retail and commercial underwriting divisions in Singapore, Hong…

Asta, the third-party administrator of Lloyd’s of Davis, has announced a number of senior leadership promotions, including the promotion of David Hopkins to chief underwriting officer (CUO), who has been the company’s deputy CUO since August 2024. Hopkins has more than 25 years of insurance industry experience, including four years with Westfield Specialty International, most…