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A new report from flood forecasting company Previsico, based on insights from more than 70 UK organization leaders, finds that despite rising risk awareness, flood preparedness has plummeted. Only 8% of respondents said they or all their clients have a flood action plan covering all locations, down from 30% in 2025, although 72% expect to…
Global insurance brokerage, risk management and advisory firm Gallagher has announced the appointment of Gabriella Eriksen Wingren as Head of Nordic Transaction Solutions for its global multi-disciplinary Private Equity and M&A practice (PEMA), effective July 22, 2026. Based in Sweden, Eriksen will work closely with industry expert colleagues in the interdisciplinary PEMA practice and Gallagher’s…
Global Reinsurance Company Swiss Re announces launch of new group broker management practice, led by Matthias Meyenhofer serves as Group Brokerage Head. New Business is a dedicated unit designed to centrally manage the Swiss Re Group’s relationships with prime brokers and intermediaries. By aligning broker integration at group level and across its three core business…
An arbitral tribunal chaired by the Paris Center for Conciliation and Arbitration (CMAP) has issued a ruling in the lawsuit between SCOR and Covea, awarding the latter US$488.3 million in compensation for two transfer treaties signed on June 30, 2021. The corporate feud between the French insurance giants first began with a hostile takeover bid…
A new report from Howden Re, focusing on the Casualty and Financial lines update for July 1, 2026, suggests that there is a compelling case for earnings growth in the market for those willing to look beyond the noise and dig deeper into the data. “As real estate pricing softens and new capital continues to…
Insurance industry losses related to two major earthquakes in Venezuela this week are expected to account for only a fraction of the billions of dollars in economic losses expected to be caused by the disaster, according to a recent weekly Cat Report from brokerage Aon. Two strike-slip earthquakes with magnitudes 7.5 and 7.2 have recently…
Aon Reinsurance Solutions, a unit of brokerage group Aon, announced that Chin Fong Teh has been appointed chief of staff for Asia Pacific, based in Singapore and reporting to Aon Reinsurance Solutions Asia Pacific CEO Rupert Moore. The reinsurance broker noted that Founder has approximately two decades of experience in reinsurance operations, regional leadership and…
An investment group led by Permira and Warburg Pincus has completed the acquisition of Clearwater Analytics (CWAN) in a deal valued at approximately $8.4 billion. As part of the agreement, Clearwater shareholders received $24.55 per share in cash. This price represents a premium of approximately 47% to the company’s undisturbed share price on November 10,…
Bermuda-based specialty insurer and reinsurer SiriusPoint has appointed Ella Stevenson as crisis solutions underwriter, effective September 28, 2026. The appointment follows the launch of SiriusPoint’s crisis solutions platform in May 2026. It also reflects the team’s continued momentum as demand for crisis solutions continues to increase across the market. re/.insurer The newly formed Crisis Solutions…
Analysts at investment bank and financial services firm Goldman Sachs said they expected risk-adjusted reinsurance rates in Australia to fall by 10-15% when policies come up for renewal on July 1, with the drop likely to be near the upper end of the range. Goldman Sachs analysts expect that after risk-adjusted interest rates fell at…