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Charp Re, Ltd., a family-owned reinsurance company established in 2018 in the Turks and Caicos Islands, has been assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) by AM Best, with both ratings carrying a stable outlook. The ratings agency said its assessment reflects Charp Re’s very…
Miriam Margolyes’ next role will bring her into the James Bond franchise for the first time. While the world awaits news of the casting for the long-awaited 26th film in the 007 series, it’s been announced that Miriam has landed a role in an audio adaptation of Charlie Higson’s Young Bond series. Miriam Margolyes being…
Icen Risk, a specialist transactional risk insurer providing insurance solutions for complex corporate, legal and tax risks, has expanded its tax liability insurance offering into the Nordic region as part of its wider European growth strategy. As part of the expansion, Icen has appointed Oskar Bonér to lead its new Nordic tax liability practice. Based…
Netflix has announced that it is shelving a new true crime documentary about the disgraced musician Gary Glitter. A three-part series titled Hunting Gary Glitter was originally supposed to premiere on the platform on 14 October, in which “survivors, journalists and legal experts” would “recount how pop star Gary Glitter used his money, fame and…
Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the appointments of Robert Cheshire as Head of Pricing and Alastair Reed as Data Scientist within Rokstone Klik, its specialist US digital economy portfolio. Cheshire joins the company from Chaucer, where he served as Treaty Pricing Actuary, bringing seven years of experience spanning actuarial…
I will be the first to admit that I have a bit of an iced coffee addiction. On a good (/restrained) day I have two, but most of the time it’s nearer three or four. I love treating myself to a coffee shop beverage as much as the next person, but my bank balance can’t…
A ‘Godzilla’ El Niño is brewing – and scientists are concerned about how the weather phenomenon is set to impact the UK and wider world. The phenomenon develops every few years, and involves the eastern and central equatorial Pacific Ocean becoming hotter than normal. But this year temperatures are ramping up to never-seen-before extremes. An…
CFC, a specialist insurance provider focused on emerging risks, has introduced affirmative artificial intelligence (AI) coverage as part of its Intellectual Property policy. The new wording is intended to provide greater clarity over how the policy responds to intellectual property claims involving AI. Businesses are increasingly using AI in the development, creation and commercialisation of…
Arcadian Risk Capital, a specialty managing general agent (MGA) operating across Bermuda, Ireland, the UK and the US, has appointed Matthew Mullen as Executive Vice President as the company establishes a new presence in the US Enterprise Casualty market. Mullen, who will be based in New York, has been appointed to oversee the development of…
As reinsurance capital is more abundant and client needs become increasingly complex, cedents are looking for holistic, enduring partnerships built on predictability and aligned profitability, Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, noted during Aon’s latest Capital Outlook panel. Anshuman Srivastava, Global Chief Broking Officer at Aon, questioned…