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Specialty MGA, the managing general agent within MNK Group, has appointed experienced reinsurance professional Simon Woodage as Senior Underwriter for North American Property Treaty, as it expands its presence in the treaty reinsurance market. Woodage’s appointment will see him take responsibility for developing Specialty MGA’s North American Property Treaty business, with a focus on establishing…
Scott Egan, Chief Executive Officer (CEO) of specialty insurer and reinsurer SiriusPoint, said the firm is a broader and more balanced business today, giving it the ability to move and redeploy capital across lines, segments, and geographies where there are attractive returns. SiriusPoint recently reported its second-quarter 2026 results, generating net income available to common…
Labuan-domiciled reinsurer Mandarin Re has increased its paid-up capital to $26 million, its second capital increase this year, supporting the firm’s target of $70 million in gross written premiums for 2026. The reinsurer explained that the latest capital injection is aligned with its disciplined approach to capital management, portfolio development and operational excellence. It also…
Whenever you think of vibrators, we’ll hazard a guess that you picture a clit vibrator. While the sex toy market has, admittedly, for the most part been tailored towards women, there are plenty of exciting sex toys for men and people with penises out there, too. The most common of them all is the male…
Jason Isaacs has shared his take on the controversy surrounding the source material for his film The Salt Path. Last year, the White Lotus star shared the screen with Gillian Anderson in the big-screen adaptation of Raynor Winn’s book of the same name. However, months after its release, The Salt Path faced scrutiny in the…
The Progressive Corporation has revealed the particulars of its 2026-2027 Property Catastrophe per Occurrence Reinsurance program, which renewed June 1, 2026, combining traditional reinsurance, cat bonds and Florida Hurricane Catastrophe Fund (FHCF) protection across a tower providing up to $2.19 billion of coverage for a first event in Florida and $1.85 billion for a first…
SCOR Business Solutions, the large corporate risk insurance arm of SCOR, has announced the appointment of Jennilee Foo-Kune as Chief Underwriting Officer (CUO). Foo-Kune is a qualified actuary with extensive expertise across traditional actuarial fields and their application in commercial roles. She joined SCOR Business Solutions in September 2025 as Head of Underwriting Strategy &…
Global insured losses from natural catastrophes reached an estimated USD $42 billion in the first half of 2026, according to Swiss Re Institute, the research arm of global reinsurance company Swiss Re. The figure was down sharply from USD $91 billion in the first half of 2025 and was 16% below the 10-year first-half average…
Commercial property insurer FM has acquired FortressFire, a provider of wildfire intelligence that combines machine learning and physics-based modeling; financial details of the transaction were not disclosed. FortressFire specialised in protecting homes, businesses and communities from wildfire loss through data-driven, science-backed approach risk modeling. Operating as an independent, wholly owned division of FM, the company’s…
As the south of England enters the fifth (!!) heatwave of the year, you might be looking at your garden wondering whether some major changes are due in the years to come. British summers are only going to get hotter and drier if Met Office data is anything to go by. The national weather and…