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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…

Millennial Shift Technologies (mShift), a digital insurance marketplace designed to simplify specialty insurance distribution, announced that BOXX Insurance is now live on the mShift Marketplace, enabling brokers to streamline access to BOXX cyber insurance solutions. The partnership allows brokers to quote, bundle and issue BOXX’s cyber insurance and protection products directly through the mShift platform,…

Global risk, retirement and health solutions provider Aon reports that temporary reinsurance is playing an increasingly important role in Asia Pacific as insurers look to support expansion while managing volatility. In its analysis of the April 2026 renewal period, insurance and reinsurance broker Aon highlighted a significant rise in usage in the first quarter, with…

Global reinsurer Swiss Re has announced the appointment of Suzanne Revell to succeed Adam Watkins as Head of Marine and Energy at P&C Re, effective June 1, 2026. In his new role in London, Revell will be responsible for Swiss Re’s global marine and energy portfolio, including its strategic direction, underwriting priorities and market representation,…

Insurance distribution company Baldwin Group has partnered with Innovative Captive Strategies to launch Azimuth Re, Ltd., a new member captive insurance group tailored for its construction clients. Baldwin explained that Azimuth is designed for “forward-looking” construction companies that pay $250,000 or more per year in workers’ compensation, general liability and auto insurance premiums. The program…

Parametrix, a provider of cloud monitoring, modeling and insurance services, has issued its third and largest cloud outage catastrophe bond, Cumulus Re III, attracting more investors than its predecessor and providing sponsor Hannover Re with $35 million in retrocession protection in 2026-27. The parametric bond, which our sister publication Artemis first reported on March 9,…

Fuse, an AI-powered commercial insurance intelligence platform, has launched the contractor and construction verticals, which the company said extends its always-on data infrastructure to key construction-related insurance areas. Fuse describes its platform as providing continuously updated intelligence covering general liability, workers’ compensation, builder’s risk, surety, professional liability and contamination, using multiple real-time data streams to…

Global re/insurance brokerage Marsh Risk has announced that its Cyber ​​ECHO facility now provides clients with up to $200 million of insurance capacity, making it the largest cyber facility in the global insurance market. Launched in 2016, Cyber ​​ECHO is designed to mitigate customers’ most complex cyber and technology risks. The facility has become the…

The Australian Reinsurance Pool Corporation (ARPC) has reached a major milestone with total Cyclone Re Pool claims now exceeding A$1 billion since the program was launched. ARPC is a public financial corporation established under the Terrorism and Hurricane Insurance Act of 2003. The terrorism reinsurance pool began operations on July 1, 2003, and the hurricane…

Reinsurance broker Guy Carpenter reported that Indian insurance companies received the most favorable reinsurance terms in recent history during the April 1 renewal period, with risk-adjusted rates falling by as much as 30%. According to Guy Carpenter’s Reinsurance Renewal Report for April 1, 2026, this renewal season marks a marked softening of the market, driven…