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Global specialty re/insurance company Ascot Group has announced the appointment of Ann Marie G. O’Flynn as Executive Vice President, Casualty Facultative Hybrids/Automatics. O’Flynn is a highly accomplished reinsurance leader with over 25 years of experience in casualty and professional lines underwriting, business development, account management, and client engagement. The executive is joining Ascot from Everest…
Reinsurance industry giant Munich Re has agreed to acquire At-Bay, a US-based InsurSec provider offering cyber insurance and risk management services, for an enterprise value of $575 million, strengthening its position in the cyber market. Once the transaction is closed, which is expected in the first quarter of 2027, At-Bay will be overseen by Hartford…
Moody’s, a global provider of credit ratings, research and risk analytics, assesses that casualty insurance is at an earlier stage of analytical development than property catastrophe insurance, but is beginning to show some of the characteristics of a maturing analytical market. The US commercial casualty market represents approximately $300 billion in annual premium, making it…
AM Best has assigned an A- (Excellent) Financial Strength Rating and an “a-” (Excellent) Long-Term Issuer Credit Rating to Ledgebrook Specialty Insurance Company and Stonehaven Specialty Insurance Company. Both Delaware-domiciled insurers form Ledgebrook Insurance Group (LIG), which is part of Ledgebrook Inc., a technology-enabled insurance business based in Boston, Massachusetts. The ratings reflect LIG’s very…
Insurance holding company W. R. Berkley Corporation has appointed Hena Choi as the new Head of Casualty for Berkley Re Asia, based in Singapore. Choi has over two decades of experience across casualty underwriting, financial lines, and specialty products. She brings a wealth of expertise and leadership that will complement Berkley Re’s existing regional capabilities,…
I’ll hold my hands up and say it: I have a water bottle addiction. So when the joke about having an emotional support water bottle made the round a few years ago, I resonated. My flatmate likes to joke that my water bottles become more comically large all the time, and it’s true: I like…
Bermuda-based multi-line reinsurer Conduit Re’s ultimate parent company, Conduit Holdings, has announced the appointment of Mark Pickering, formerly of Aspen Insurance Holdings, to serve as its new Chief Financial Officer (CFO), effective November 30th, 2026. Pickering will take over the CFO role from Elaine Whelan, who informed the Board of her intention to retire in…
When a famous person dies unexpectedly, people who enjoyed their work often feel the loss deeply. The news of Hayden Panettiere’s death at 36 has particularly hit many millennials who grew up watching her performances in a way that can be hard to articulate. Therapists and mental health experts say that reaction is completely understandable,…
The Board of Directors of National Reinsurance Corporation of the Philippines (Nat Re) has announced that President and CEO Allan R. Santos will retire on 1 October 2026, with Alexander L. Reyes appointed as his successor. Santos is retiring following nine years of dedicated leadership and service to Nat Re. He became President and CEO…
After paying a short tribute on Instagram, Melissa issued a lengthier statement to USA Today, admitting that she was “still in shock” about the news and lamenting that “Hayden should still be here”. Back in April 2011, the late actor originated the role of Kirby Reed in Scream 4, returning to the franchise for the…