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Tim Turner, head of risk group at Beazley MAP (maritime, accident and political), said data centers are increasingly being targeted for protest and disruption, highlighting the need for insurance to evolve into a strategic enabler to help organizations protect assets, sustain operations and seize opportunities amid uncertainty. Turner pointed out that geopolitical tensions and economic…
Coalition, a proactive insurance company focused on preventing digital risks, has added a new Deepfake Response endorsement to its global cyber insurance policies. “Businesses can do all the right things — lock down networks, ignore fraudulent fund transfer requests, comply with privacy laws — only to have their reputations damaged by deepfakes,” said Tiago Henriques,…
Arch Insurance, a subsidiary of Bermuda-based reinsurance/insurance firm Arch Capital Group, has appointed Ernesto Medina Gomez to the newly created role of Head of European Execution Assurance at Arch Insurance (EU) dac (AIEU), effective immediately. In his new role, Medina Gomez will lead the expansion of Arch’s execution assurance business in continental Europe, with a…
Lockton, a privately held independent insurance brokerage, reports that the U.S. commercial insurance market will remain largely stable in 2025, although economic uncertainty is expected to affect conditions in 2026. The latest Lockton market update provides commercial insurance buyers with detailed analysis on property, workers’ compensation, liability, directors and officers liability, employment practices liability, loyalty/criminal,…
Specialist reinsurance broker Willis Re has announced the appointment of Charlie Hall, a seasoned reinsurance executive with over a decade of experience in the non-marine property market. Hall joins the company after a successful tenure at Guy Carpenter, bringing with her a reputation for technical excellence and global relationship building. The executive began her career…
DBRS Morningstar, a credit rating agency known for independent financial analysis and industry research, said the outlook for the Canadian property and casualty (P&C) insurance market remains neutral in 2026. DBRS Morningstar said the industry continues to benefit from strong capital positions, resolute underwriting practices and prudent provisioning, all of which are helping to balance…
Italy-based insurance company Generali and BPCE banking group have jointly decided to terminate negotiations to establish an asset management joint venture. On January 21, 2025, Generali and BPCE signed a non-binding memorandum of understanding (MoU) to create a joint venture between their respective asset management businesses. Following the announcement, both companies engaged in extensive discussions…
Dubai National Insurance & Reinsurance PSC (DNIR), a publicly held company operating in the United Arab Emirates, has announced the resignation of AR Srinivasan as Chief Executive Officer (CEO). Srinivasan, who held the position since August 2023, left the company due to personal reasons. “The company expresses its sincere gratitude to Srinivasan for his valuable…
DBRS Morningstar, a credit rating agency known for independent financial analysis and industry research, said the outlook for the Canadian property and casualty (P&C) insurance market remains neutral in 2026. DBRS Morningstar said the industry continues to benefit from strong capital positions, resolute underwriting practices and prudent provisioning, all of which are helping to balance…
Howden-owned DUAL Europe today announced the immediate appointments of Amaury Berhault and Jaume Benajiba as Managing Directors of its European Transaction Liabilities business. Berhault and Benajiba each have more than 17 years of expertise in transaction liability underwriting. They join DUAL from Acquinex where they served as co-heads of Southern Europe and Latin America and…