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Credit rating agency KBRA has assigned Florida’s new mutual insurance company Frontline Insurance Reciprocal Exchange (FIRE) a BBB+ Insurance Financial Strength Rating (IFSR). The rating outlook is stable. FIRE was formed to write about Florida residential real estate, focusing primarily on homeowners and fire/dwelling insurance. KBRA said the rating reflects the plan’s operating profile of…

Global insurance company Generali has launched Redion, a new brand for its global care platform, integrating the activities of Europ Assistance and Generali Employee Benefits (GEB) into a single identity and offering. Antoine Parisi, currently CEO of Generali CARE Hub, will become CEO of Redion Group. Redion has annual business volume of €5.8 billion as…

Previsico, a real-time flood forecasting insurtech company, has announced the appointment of Mark Trumper as its new chief executive officer (CEO). In this role, Trump will be responsible for leading company strategy, overseeing operational delivery and growing the business across the UK, while accelerating expansion into the US and other international markets. He succeeds Jonathan…

CyberCube, a provider of cyber risk analytics for the insurance industry, and United Insurance Brokers (UIB), the insurance and reinsurance brokerage of Lloyds International, have released a joint research report exploring the expansion of the cyber insurance market in Asia. In the report, Unlocking Asia’s cyber insurance opportunity: Brokers’ role in growth, CyberCube and UIB…

Global reinsurer Swiss Re has appointed Rafael Schneider as head of markets for the Mediterranean and Middle East, effective July 1, 2026, and expanded Thomas Rauber’s responsibilities to include Switzerland and the Netherlands, while Mira Kiridzic-Bügler’s responsibilities will include the Nordics and CIS countries, effective August 1, 2026. These appointments follow Anna Ziswiler’s move to…

Morningstar DBRS, a global credit ratings, risk analysis and financial research firm focused on banks, insurance companies and financial institutions, said the financial impact of the ongoing Middle East conflict on global property and casualty (P&C) insurers will remain limited in the first quarter of 2026, despite continued disruption across the region and the closure…

Dale Underwriting Partners, trading name of Lloyd’s Syndicate 1729 of Dale Management Agency Limited, has appointed Richard Bonnett as group underwriter to strengthen its North American casualty reinsurance business. Based in London, Bonnett will report to Peter Cordell, director of North America Casualty. Dell explained that the appointment reflects its continued investment in its casualty…

More than half (51%) of the $670 billion worth of planned U.S. data center projects are located in states with a high risk of severe convective storms (SCS), according to new analysis from specialty insurance company MS Amlin. MS Amlin’s analysis examined more than 670 data center projects under construction or planned across the United…

Jencap Group LLC, an American wholesale insurance brokerage group and one of the largest wholesalers in the United States, announced the promotion of Kevin Hahn, Jr. to Executive Vice President (EVP) of National Casualty. Hahn will support the company’s leadership team in managing national carrier and broker relationships while also overseeing its New York City…

Credit ratings agency AM Best has found that insurers are well prepared to deal with any direct impact from the recent outbreaks of Ebola and Andean hantavirus, in part due to “lessons learned” from the COVID-19 pandemic on underwriting gaps and system vulnerabilities. AM Best’s commentary states that “insurers are better prepared for rare disease…