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Aon, a global insurance and reinsurance broker and risk advisor, has launched a new integrated insurance solution, Power Lifecycle Program (PLP), designed to support conventional gas power projects. The solution aims to provide coverage across interconnected risks from construction through testing, commissioning, into early operations, and a loss or interruption at any stage that can…
Santam Syndicate 1918, part of Santam Group, Africa’s largest non-life insurer, has announced the appointment of Hina Shavdia as Chief Operating Officer (COO). In her new role, Shavdia will report to Sam Geddes, CEO of the Syndicate, and will be based in London. She brings more than two decades of global insurance and reinsurance transformation…
Continental Reinsurance, a pan-African reinsurance company providing reinsurance solutions and services across African markets, has announced the appointment of Tumusiime Consolate as Chief Representative Officer of its Rwanda operations. Consolate brings over 14 years of experience in underwriting and reinsurance in the Rwandan market to her new position. Her career includes tenures as Reinsurance Manager…
The Hartford Insurance Group has agreed to commute and terminate its aggregate excess of loss reinsurance agreement with National Indemnity Company (NICO), a Berkshire Hathaway subsidiary, ending cover for asbestos and environmental adverse development that has been in place since December 31, 2016. Hartford Fire Insurance Company and certain affiliates entered into the commutation and…
Sabrina Carpenter cheekily fought back against allegations that her team didn’t urgently respond to a request from Madonna. On Sunday night, Sabrina joined Madonna on stage to accept the award for Best Collaboration for their Bring Your Love music video. During their joint speech, the Queen of Pop called out the Espresso singer as she…
Serenova Re, a Bermuda-based reinsurer backed by Bain Capital and part of the Federal Life Group, has completed a strategic reinsurance partnership with a highly rated, well-established US life insurance carrier. This is the reinsurer’s first asset-intensive reinsurance transaction in the country. Serenova Re becomes the life carrier’s preferred reinsurer for the transaction, providing tailored…
Over the last five decades, the MTV VMAs have become known as one of the most chaotic and unpredictable awards shows of them all. And given that this year featured another performance from Madonna, who was also the year’s most-nominated artist, you could pretty much count on the 2026 Video Music Awards giving us plenty…
Arch Insurance International, part of global insurer and reinsurer Arch Capital Group and a provider of specialty insurance solutions, has appointed Danielle Whitlock as Senior Marine Hull & War Underwriter. In her new role, Whitlock will be responsible for supporting the growth of the marine hull & war portfolio, providing primary and excess coverage for…
As ever, the MTV Video Music Awards brought together some of the biggest names in music on Sunday evening. Between A-list performers from the likes of Charli XCX, Raye and Lisa, nominees that included Taylor Swift, PinkPantheress and Sombr plus plenty more surprises over the course of the evening, the ceremony was a typically star-studded…
Sixfold, a provider of artificial intelligence (AI) solutions for the insurance industry, has launched Distribution Intelligence, designed to give insurers the data and recommendations they need to proactively manage their distribution. Distribution Intelligence uses data already held by Sixfold, including submissions, the risk signals behind them, and how they translate into decisions and outcomes. This…