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Augment Risk adds weather and parametric risk capabilities to its LatAm platform

Augment Risk, a risk capital and reinsurance solutions broker, has expanded the capabilities of its Latin America (LatAm) platform to include specialized weather parameters and structured weather risk transfer capabilities. The broker explained that this expansion is in line with its capital-first philosophy, building risk solutions around clients’ financial and liquidity needs rather than relying…

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Storm Nils insured losses could exceed €3bn: Morningstar DBRS

Morningstar DBRS estimates total insured losses could exceed €3 billion after Storm Niels caused widespread damage in southwestern France. Storm Niles brought heavy rainfall, strong winds and severe flooding in recent days, killing at least two people and injuring dozens more, the company said in a new report. Saturated soil and overflowing rivers reportedly exacerbated…

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SiriusPoint posts $444m net income as 2025 underwriting profit soars

SiriusPoint reported full-year 2025 net income to common shareholders of $444 million, while consolidated underwriting revenue for the year expanded to $302.8 million from $276.4 million in 2024. The company explained that the improvement in underwriting revenue was primarily driven by premium growth and higher attrition rates, but was partially offset by lower favorable reserve…

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HDI Global plans to expand in NA, Southeast Asia & Middle East

Commercial and specialty lines insurer HDI Global has launched its new strategy “Xcelerate29” for 2026 to 2029, aiming to selectively expand internationally and drive excellence in its core business. The insurer will focus on expanding its specialty business in North America (NA), Southeast Asia and the Middle East, while further strengthening its corporate and specialty…

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Arch Insurance International names new D&O and FI Underwriting Managers

Arch Insurance International has announced the appointment of Antony Hope as directors and officers (D&O) underwriting manager and Sangeetha Mani as financial institutions (FI) underwriting manager. As part of the Executive Assurance Group, Hope and Mani are tasked with overseeing the underwriting activities of the public market Directors & Officers (D&O) and Financial Institutions (FI)…

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EMEA businesses need to strengthen cyber resilience for the AI era: Aon

A recent Aon poll shows that EMEA (Europe, Middle East and Africa) businesses believe they are unprepared for artificial intelligence (AI)-driven cyber threats, highlighting the opportunity to strengthen cyber resilience in the AI ​​era. A poll conducted during AON’s 2025 Network webinar gathered insights from 75 organizations across Europe, the Middle East and Africa on…

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PIC completes £113m buy-in with the Sopra Steria Retirement Benefits Scheme

PIC, a specialist insurer of defined benefit pension schemes, has completed the full subscription of the £113 million Steria managed scheme portion of the Sopra Steria retirement benefit scheme, successfully protecting the benefits of all 355 members of the portion. Sopra Steria is a European technology company with operations in nearly 30 countries and more…

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