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PERILS, a Zurich-based catastrophe insurance data provider, has disclosed a reduced loss estimate for extratropical windstorm Nils, also known as Ulrike, of EUR 695 million, which affected the Nouvelle-Aquitaine and Occitanie regions in southwest France from 11 to 13 February 2026. This is the third industry loss estimate for the extratropical windstorm, and compares to…
Stars who knew and worked with Hayden Panettiere have been paying tribute following the news of her sudden death at the age of 36. Oscar winner Viola Davis was among the first to pay her respects in the early hours of Monday morning, having worked with Hayden on the courtroom drama Custody. “What an amazing…
Pinion Insurance, a London-headquartered specialty insurance carrier formed earlier this year, has announced three key additions to its executive leadership team and accounting function. The new team members include Kathryn Edwards, who has been appointed Group Controller; Brock Werner, named US Treasurer and Financial Planning and Analysis; and James Green, the company’s new Finance Systems…
Mrs Brown’s Boys creator Brendan O’Carroll has announced he will be unable to go ahead with this year’s festive specials on medical grounds. Traditionally, the divisive comedy airs over both Christmas and New Year, but on Monday morning, Brendan shared that this would not be the case in 2026. “It is with sincere regret I…
Lloyd’s syndicate AEGIS London, in collaboration with tech-enabled MGA Augentic, has launched a new cross-class digital follow consortium in the Lloyd’s market, enabling brokers to secure a follow line spanning Property, Casualty and Specialty risks through a single digital arrangement. This “market first” facility is reportedly designed to simplify placement and improve speed to market,…
We’re afraid there’s been a disappointing update for anyone hoping to see Madonna making her Pyramid Stage debut next year. Back in June, ahead of the release of her latest hit album Confessions II, the Queen of Pop sat down for a chat with presenter (and superfan!) Graham Norton for a one-off BBC special. During…
SiriusPoint, a specialty insurer and reinsurer based in Bermuda, has appointed Ajay Parvatikar as VP, Reinsurance Technology Platforms & Transformation Lead. Parvatikar brings more than 25 years of professional IT experience, driving enterprise-wide technology initiatives that accelerate digital transformation across the organisation. He has a proven track record of leading complex, cross-functional change programmes, translating…
Price Forbes, a specialist insurance and reinsurance broker, has appointed Chris Harris as Managing Director (MD), Head of US casualty, effective immediately. Harris, who has over three decades of industry experience in broking and underwriting roles with several MGAs, will lead and manage the US casualty team, set and execute strategic direction, and drive growth….
Munich Re has reclaimed its spot as the world’s largest reinsurer for companies that report under IFRS 17, while the specialist Lloyd’s marketplace has climbed above Berkshire Hathaway to claim the top spot for non-IFRS 17 reinsurers, based on year-end 2025 figures. Based on research data from AM Best, the global credit rating agency, our…
Mangrove Property Insurance Company has secured a record-setting catastrophe reinsurance programme for the 2026 Atlantic Hurricane Season, providing protection against both the frequency and severity of catastrophe events, with coverage extending to a 1-in-175-year storm. The programme also includes aggregate cover for protection against third and fourth events, as well as the placement of a…