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The increasing cost of weather-related catastrophes is placing greater pressure on North American insurers to reassess their reinsurance arrangements, according to Marsh Re, the reinsurance and capital division of Marsh, a global professional services group providing expertise in risk, insurance, reinsurance and capital management. In a recently published report, Marsh Re examined how losses arising…
Everyone knows that when it comes to celebrity Halloween costumes, it’s Heidi Klum who invariably reigns supreme. The supermodel holds a costume party every spooky season, where she’s previously stolen the show with some truly remarkable transformations, walking the red carpet as everyone from ET and Shrek’s Princess Fiona to herself as an old woman…
Gallagher Re, a global reinsurance brokerage and advisory business, has confirmed the appointment of Casandra Ceballos as Executive Vice President, Facilities, Facultative, with responsibility for advancing its facilities and portfolio solutions offering across international markets. In the Miami-based position, Ceballos will be responsible for shaping and expanding Gallagher Re’s global Fac Facilities and Portfolio Solutions…
Paapa Essiedu has responded to the controversy surrounding his decision to join the upcoming TV adaptation of the Harry Potter novels. The I May Destroy You star will play Hogwarts’ Potions master Severus Snape in the new TV series based on JK Rowling’s books, a project which is already hugely divisive due to the author’s…
Jack Lowden has spoken for the first time about rumours that he’s set to join the James Bond franchise. The Slow Horses actor has long been considered a frontrunner to take over the role of 007 from Daniel Craig, with reports recently suggesting he was down to the final four actors who took part in…
Kemi Badenoch has been torched by the prime minister of Antigua over her opposition to paying reparations for the slave trade. Gaston Browne said it was “no wonder she is leader of the opposition”. Prime minister Andy Burnham has said he is “open” to making an official apology for Britain’s role in the slave trade,…
Legacy reinsurance and run-off specialist RiverStone International has participated in the insurance-linked securities (ILS) market for the first time, entering into a loss portfolio transfer (LPT) reinsurance of portfolios associated with funds managed by Leadenhall Capital Partners. As the legacy, or run-off market continues to evolve, acquirers in the space are increasingly engaging with ILS…
Halloween has just passed, which, in the UK, means we’re set for another spooky event: bonfire night. “Remember, remember, the fifth of November”, the rhyme goes. But as you watch fireworks scream into the flame-licked sky, it might be hard to, well, remember just how gory the fire’s origins really are. As it turns out,…
Throughout her time in the Celebrity Traitors castle, Jerry Hall became known as something of a loose cannon and a wildcard among the contestants. However, it turns out that, at one point, she was bang on the money with her prediction – we just never got to see it. After his elimination from the Celebrity…
Antares, a provider of insurance and reinsurance capacity, has announced the appointments of Miles Robinson and Maxine Davis to leadership roles within its claims team. Robinson has been named Head of Claims, Antares at Lloyd’s. He joined Antares in 2020 as Head of Specialty Claims, bringing extensive experience in the insurance industry. Prior to joining…