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Brit Group Holdings Limited, a specialist insurance and reinsurance company operating in the Lloyd’s, London markets and internationally, announces the launch of FI Cyber ​​Max, a new integrated network and financial institutions (FI) alliance. FI Cyber ​​Max has been developed to support large and complex financial organizations, bringing together Brit’s specialist network and FI underwriting…
Marsh Risk, an insurance brokerage, risk advisor and business unit of Marsh plc, has added significant underwriting capacity to its large data center construction insurance arm Nimbus, which currently provides up to $2.7 billion in limits, including start-up delay and business interruption coverage, for major projects in the UK, US, Canada, Europe, Australia and New…
Global insurance company AXA Hong Kong & Macau has successfully completed the relocation of AXA China Regional Insurance (Bermuda) Limited from Bermuda to Hong Kong. This move is in line with the relocation system implemented by the Hong Kong Special Administrative Region Government. Since then, the company has been renamed AXA China Insurance (Hong Kong)…
PERILS, an independent organization based in Zurich that provides industry-wide catastrophe insurance data, has released the fourth and final industry loss estimate for Storm Eowen, which affected the British Isles on January 24-25, 2025. PERILS said the final estimate of insurance market losses was €765 million. previous estimate Figures published by PERILS show a steady…
Specialist insurance provider CFC has appointed Christyn Yoast as global commercial head to drive the group’s commercial strategy across its growing international business. Yoast is expected to launch in January 2026 and will be headquartered in New York. She has more than two decades of experience in underwriting, distribution and strategy development across various business…
Concirrus, an AI-centric insurance solutions provider, has strategically partnered with Diesta, a purpose-built payments operations platform built specifically for intermediary insurance, to deliver a unified quote-to-cash solution. The partnership combines Concirrus’ risk processing solutions with Diesta’s automated premium processing and financial transparency layer. The duo hopes the partnership will reduce operational friction, allowing for immediate,…
Global reinsurance, insurance and risk solutions provider Swiss Re has appointed Alexander White as senior casualty treaty underwriter in Australia. White joins the reinsurance company with nearly 14 years of industry experience. Most recently, he worked for over four years at Munich Re, one of Europe’s four largest insurance companies. His roles with the company…
Despite devastating wildfires in California in the first quarter of 2025, the U.S. property and casualty (P&C) insurance industry expects full-year 2025 net combined ratios (NCR) to be the lowest in more than a decade, as the Atlantic hurricane season does not make landfall in the United States. The findings are based on Insurance Economics…
Hamilton Insurance Group, Ltd., an international specialty insurance and reinsurance group, has announced the appointment of Michelle Li as Chief Financial Officer (CFO) of its London-based underwriting platform, Hamilton Global Specialty. In her new role, Lee will be based in London and work closely with Hamilton Global Specialty CEO Alex Baker. She will report to…
Skyward Group has expanded Skyward Specialty’s life sciences insurance solutions with Apollo’s Lloyd’s Syndicate 1969, providing enhanced cross-border placements for life sciences companies incorporated in the United States and operating internationally. sky group is a unified specialty insurance organization whose operating businesses include property and casualty specialty insurance company Skyward Specialty Insurance Group, Inc. and…