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Global reinsurer Hannover Re has announced the appointment of Chantal Cardinez as global head of financial solutions. Cardines will take on this role in addition to his existing responsibilities as CEO of Hannover Re Bermuda. She brings more than 20 years of industry experience, strong business development acumen and a proven track record in China,…
Territorial disputes, regime changes and possible shifts in global alliances are political and geopolitical risk themes that insurers need to pay attention to in 2026 and beyond, said Yoel Sano, global head of political and security risk at BMI, a multinational research company and a subsidiary of Fitch. Speaking at Fitch’s Insurance Insights 2026 event…
Apollo, a Skyward Group company, has partnered with U.S. insurtech startup ZenHedge to bring to market Freight Expense Insurance, a parametric insurance solution designed to protect U.S. shippers from unexpected freight cost increases caused by freight carriers rejecting bids. ZenHedge’s proprietary platform leverages data pulled from shippers’ transportation management systems (TMS) to assess freight lane…
Markel Insurance, the insurance business of Markel Group, has announced the appointment of Charlotte Major as Senior Claims Adjuster, Professional Indemnity, with immediate effect. In his new role in London, Major will focus on resolving complex personal property claims for clients across a range of industries, including construction companies, accountants and insurance brokers. She will…
LIIBA (London International Insurance Brokers Association) will expand membership representation by appointing seven new directors in 2025, a move that reflects its new articles of association adopted in March. The changes are intended to broaden the profile of board members and ensure that perspectives from all segments of the brokerage community are represented. David Stirling…
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…