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Sompo Asia Pacific, part of global insurance and reinsurance firm Sompo, has appointed Winnie Chau as Senior Underwriter, Financial Lines, with responsibility for Hong Kong, Macau and Taiwan. Chau joins the role with more than 14 years of underwriting experience across Financial Lines, including Cyber and Professional Indemnity. She has experience managing complex multinational risks…
Credit ratings agency AM Best has placed At-Bay Specialty Insurance Company (ABSIC) under review with positive implications following the recently announced acquisition of its parent company, At-Bay, Inc., by Munich Re for an enterprise value of USD 575 million. At-Bay is a US-based InsurSec provider offering cyber insurance and risk management services. The cyber insurer’s…
Guy Carpenter, a business of Marsh and a global risk and reinsurance specialist, has announced that Jessica Ciak has joined the firm’s Healthcare Segment as Senior Vice President, focusing on the US Medical Professional Liability sector. Ciak will be based in Minneapolis, Minnesota, and report to Martha Jacobs, Guy Carpenter’s Healthcare Segment Leader. Bringing over…
The Nature Conservancy’s (TNC) HawaiÊ»i coral reef insurance policy will pay for damage assessment and reef repairs for the first time since it purchased the US’s first such policy four years ago, following Hurricane Lala’s impacts this weekend, which brought dangerous flooding, strong winds and widespread power outages across the state. Active since 2022, the…
Price Forbes, a specialist insurance and reinsurance broker, has announced the appointment of Deborah Martinez Ojeda as Director, International Property. Martinez Ojeda brings deep market expertise and a strong track record of supporting clients across Latin America, with extensive experience placing complex property and reinsurance risks across Lloyd’s, London and international markets. She joins Price…
First came the news that some Italians add bicarbonate of soda as well as sugar to their tomato sauce to help neutralise the acidity. Then, I found out Italians rely a lot more on nutmeg than I previously realised. Turns out even meatballs on pasta are kind of a lie, too. But none of those…
Clearwater Underwriting, a specialty underwriting business focused on marine risks, has expanded into a new line of business with the hire of Richard Hooks, who has been appointed as Managing Director, Upstream Energy. In his new position, Hooks will oversee the creation and growth of Clearwater’s Upstream Energy division, focusing on crafting a dedicated offering for…
ITV has confirmed that the reality show The Neighbourhood will not be returning for a second season. When it was first announced last year, the ambitious Graham Norton-fronted series had plenty of hype behind it, pitting different households in a purpose-build cul-de-sac against one another in a variety of different challenges to try and win…
The former fiancé of actor Hayden Panettiere has shared a poignant message on what would have been her 37th birthday. On Friday afternoon, the Ukrainian boxer Wladimir Klitschko – the father of Hayden’s 11-year-old daughter, with whom the actor was in an on-off relationship for the better part of a decade – shared a snapshot…
Clear Group, the independent insurance intermediary, has acquired Newman Pearce & Partners LLP (NPP), a specialist Lloyd’s wholesale broker, further strengthening its presence in the London Market and accelerating its wholesale growth strategy. NPP is an independent Lloyd’s wholesale broker founded in 2019 by Gordon Newman, Neil Pearce and Colin Rogers. The business is headquartered…