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Global Parametrics develops Peru’s first parametric earthquake insurance for low-income households

Global Parametrics, part of CelsiusPro Group, has announced the development and planned pilot of Peru’s first parametric earthquake insurance product designed for low-income households living in progressive housing in Lima. Peru is highly vulnerable to earthquakes, located in one of the world’s most seismically active zones at the convergent plate boundary between the Nazca and…

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The Baldwin Group reports stable property rates and diverging casualty pricing

The Baldwin Group, a Nasdaq-listed independent insurance distribution and solutions provider, has released its third-quarter 2026 Market Pulse report, offering an overview of commercial insurance pricing trends across its portfolio as at 30 September 2026. The report indicates that the decline in commercial property insurance rates has begun to level off, while casualty insurance continues…

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Polo Managing Agency to manage Allianz Commercial’s new Lloyd’s syndicate 1893

Polo Managing Agency (PMA) has been appointed managing agent of Allianz Commercial 1893, Allianz Commercial’s new direct underwriting syndicate, which recently received in-principle approval from Lloyd’s. Allianz Commercial 1893, which is expected to begin trading from January 1, 2027, takes its name from the year Allianz first expanded internationally, opening a London office in 1893,…

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QBE Insurance appoints Nigel Hawtin as Chief Transformation & Operations Officer

QBE Insurance, an international insurance and reinsurance group, has announced the appointment of Nigel Hawtin as Chief Transformation & Operations Officer for its Australia Pacific business, effective 10 December 2026, subject to regulatory approval. Hawtin currently serves as General Manager, Property & Liability Claims at QBE Australia Pacific. Having joined the company in 2016, he…

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