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Specialty re/insurer Advanced Technology Assurance Limited (ATA) has launched new insurance instruments worth up to $750 million to support the global expansion of artificial intelligence infrastructure, an industry expected to attract nearly $7 trillion in investment by 2030. ATA’s global data center and AI infrastructure insurance facility is backed by a consortium of more than…
Global specialty reinsurance group Chaucer has appointed Les Loh as CEO of Singapore (subject to regulatory approval) and Dan Bryan as head of reinsurance for Asia Pacific, reporting to Loh. Loh will take office on March 2, 2026, and Bryan will take office in the second quarter of 2026. Loh joins Chaucer from Guy Carpenter,…
While global natural catastrophe losses totaled $244 billion in 2025, below the 10-year average, insured losses once again exceeded $100 billion, reaching $108 billion, according to Munich Re, one of the world’s leading reinsurers. 2025 is one of the years when insured losses surpass the $100 billion mark, although this is down from $147 billion…
Amiga Specialty has secured support from Lloyd’s for its Financial Institutions (FI) products, strengthening its ability to deliver specialist, underwriting-driven solutions to a wide range of financial and professional organizations across the UK, Europe and international markets. Amiga explained that its financial proposition provides asset managers, investment firms, funds, banks and fintech companies with tailor-made…
KatRisk, a provider of catastrophe risk modeling and climate analytics, has acquired Symfos, the UK company powering Orchestra’s underwriting and portfolio intelligence platform. KatRisk explained that the acquisition will combine its climate and catastrophe models with Symfos’ underwriting tools to help insurers move faster, better price risks and manage growing natural catastrophe risks. As climate…
Specialty re/insurer Hamilton Insurance Group, Ltd has promoted Susan Steinhoff to Chief Underwriting Officer (CUO) of Hamilton Re, its Bermuda-based insurance and reinsurance underwriting platform, effective January 1, 2026. In her new role, Steinhoff will lead Hamilton Re’s underwriting activities and report to CEO Adrian Daws. She succeeds Tim Duffin, who became Group CUO on…
Efe Tokmen has joined global reinsurance brokerage Gallagher Re as head of UK structured capital solutions, Reinsurance News has learned. In his new role, Tokman will focus on driving strategy and delivering capital solutions tailored to client needs. He will report to Michel Buker, chairman of Gallagher Re UK Capital Solutions. Tokmen has over 15…
Corgi is a technology-driven insurance company that has raised a total of $108 million in funding from a group of investors including Y Combinator, Kindred Ventures, Contrary, Oliver Jung, Glade Brook Capital Partners, Seven Stars, Leblon Capital (Andrej Henkler, Fadwa Ouardani), Fellows Fund, Alumni Ventures, Quadri Ventures, Vocal Ventures, Phosphor Capital, SV Angel, and others….
WTW-owned insurance broker Willis has made four senior leadership appointments in Asia to support the continued growth and expansion of its specialty business in the region. Nicki Tilney has been appointed head of natural resources, Iris Chan has been appointed head of construction, Sui Jin Wong has been appointed deputy head of construction and Steve…
Global brokerage Brokerslink has expanded its footprint in Europe with the addition of LAB3, a boutique corporate insurance brokerage based in Ljubljana, Slovenia, as a new affiliate to its international network. LAB3, led by Founder and Director Arijana Lipovec, is a family business with nearly two decades of experience providing expert advice on complex risks…