Latest Smartphones, Gadgets and Startups News
Syndicate Research Limited (SRL) reports that the weighted average result for Lloyd’s of London syndicate transactions as a percentage of net premiums paid (NPE) (excluding syndicate fund (FIS) investment returns) in 2025 was above average at 18.8%. The 2025 figure is an improvement from 2024’s 18% and also compares favorably with the five- and nine-year…
Bermuda-based reinsurer PartnerRe has announced the retirement of James Beedle, CEO of its Asia Pacific (APAC) division. He is an industry veteran who has been in this position for nearly a decade. The reinsurer has since appointed Sasa Hu as its new Asia Pacific Property & Casualty (P&C) CEO. Ms. Hu has more than 20…
Florida-based flood insurance group Neptune Insurance Holdings Inc., the parent company of Neptune Flood, disclosed strong revenue growth in the first quarter of 2026, with revenue up nearly 29% year over year and strong adjusted EBITDA growth. In the first quarter of this year, Neptune’s total revenue reached $37.8 million, a 28.8% increase from $29.4…
The Bermuda Monetary Authority (BMA), the regulator responsible for Bermuda’s financial services industry, including insurance regulation, has launched new market entry and innovation pathways designed to support companies with established solutions to enter the Bermuda market more effectively. The initiative was formally launched at the BMA Forum held at the Hamilton Princess Beach Club in…
DUAL chief executive Richard Clapham has warned that the global cyber insurance market is approaching a “major inflection point” as continued weakness, increased risk and an intensifying threat landscape combine to test the long-term sustainability of the market. Cyber ​​insurance has reached a critical juncture, DUAL said in a recent report. As a relatively young…
The board of directors of property and casualty (P&C) insurance holding company Kingstone Companies, Inc. has extended the term of Meryl Golden as president and chief executive officer until January 10, 2029. The Compensation Committee recommended an extension as Golden’s current agreement expires on January 10, 2027. Previously, the insurance company announced in a letter…
Global credit rating agency Fitch Ratings expects activity in the pension risk transfer (PRT) market for UK life insurers to resume in 2026. Fitch Ratings linked this expectation to continued demand from defined benefit pension plans seeking to reduce balance sheet risk and the potential resurgence of larger deals. The agency noted that total PRT…
UK-based life insurance brokerage Reassured has partnered with Adviser.AI to support its digital transformation strategy and improve how it interacts with customers. Adviser.AI is a cloud-based customer engagement and automation platform designed for the protection and insurance industry, supporting communication through channels such as email and SMS. The partnership aims to support automation and simplification…
RLI Corp., a U.S.-based specialty insurer focused on the property, casualty and surety markets, reported gross premiums increased 3% to $503 million in the first quarter of 2026, led by its casualty business, compared with $491 million in the first quarter of 2025. Net premiums written (NPW) for the quarter were $417.6 million compared to…
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has reorganized the leadership team of its European Fine Arts & Coins (FA&S) business line, effective May 1, 2026. Bjoern Reusswig has been appointed European Contingency, Fine Arts & Coin and War & Terrorism Underwriting Manager. He will report to David Saillen, chief underwriting officer for…