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Robert Bisset, CEO, North America at global reinsurance broker Lockton Re, described the current reinsurance market as healthy and constantly evolving, with some divergence in appetite across certain lines of business creating opportunities. In an interview with Reinsurance News, Bisset emphasised that the global reinsurance market is healthy, with plentiful capital, robust competition and options…
ÂMarsh, the professional services firm providing insurance, risk management and advisory services, has appointed Marcus Baker to the newly created role of Chairman of Marine, Cargo, and Logistics at Marsh Risk. Michael Walls has been named as Baker’s successor as Global Head of Marine, Cargo, and Logistics, Marsh Risk. Both appointments are effective 1 January…
Global insured losses from natural catastrophes have officially surpassed the $100 billion threshold in 2026, according to reinsurance broker Gallagher Re’s historical loss dataset. This follows Gallagher Re reporting that nat cat insured losses reached $92 billion between January and September 2026, the lowest total for the first nine months of a year since 2019…
We’re now just days away from the latest season of I’m A Celebrity, Get Me Out Of Here! – and some of this year’s rumoured stars have now started touching down in Australia. ITV is yet to confirm which celebrities will be taking part in the upcoming season, but on Monday, Wayne Rooney was seen…
Aon, a global professional services firm specialising in risk, retirement and health solutions, has announced the appointment of Mona Gupta as Global Head of Risk Capital Client Delivery. Gupta brings more than 25 years of leadership experience across the insurance, reinsurance and banking, financial services and insurance (BFSI) sectors. Her background includes global client delivery,…
In September, two individuals promised donations worth £72 million to Reform UK. Two people, £36 million each, in one of the most extraordinary demonstrations of the power of money in modern British politics. Both donations were made within the law. And that is precisely why our political funding system needs to change. Britain places no…
ZestyAI, a provider of AI-driven insurance risk analytics, has announced that regulators in Minnesota and Maryland have approved Z-WATER™, its AI-powered non-weather water risk model, for use in carrier rate and rule filings. ZestyAI’s Z-WATER™ is now accepted for rating and underwriting in 22 states. Non-weather water has become the fourth-costliest peril in homeowners insurance,…
Goosehead Insurance, Inc., an independent personal lines insurance agency, has estimated total revenues of between $108.8 million and $110.8 million, an increase of approximately 17% at the mid-point of the range compared to an estimated $92.9 million to $94.9 million in the same period a year earlier. During the quarter, total core revenue, a non-GAAP…
The primary challenge facing the insurance market is the deeply interconnected nature of today’s geopolitical and technological landscape, Rachel Turk, Lloyd’s Chief of Performance & Strategy, highlighted during AM Best’s recent Europe Insurance Market Briefing in London. Turk stressed that geopolitical events can no longer be viewed in isolation. Supply chain disruptions, technological choke points…
Gallagher, a global insurance broking and risk management company, has announced the appointment of Rawden Leigh as Head of Retail in its Financial Institutions practice. Gallagher’s specialist Financial Institutions practice provides risk advice, programme design, placement and claims management across a broad range of financial lines products. The team works with clients to address the…