Latest Smartphones, Gadgets and Startups News
Global reinsurance brokerage Howden Re said that at reinsurance renewal on April 1, 2026, risk-adjusted online property catastrophe rates in Japan returned to levels seen in the early 2020s, with risk-adjusted prices for the country’s catastrophe excess loss plans falling by as much as 20%. In the Japan-focused April renewal season, Howden Re noted that…
Marsh, a global firm specializing in risk, reinsurance, capital, talent, investments and management consulting, announced that Ted Moynihan has been named president and chief executive officer (CEO) of Marsh Management Consulting and Oliver Wyman, succeeding Nick Studer, the new president and CEO of Marsh Risk. Moynihan will join the company’s executive committee and report to…
Independent specialist MGA group Optio Group has reached an agreement to acquire Gardian Marine Limited for an undisclosed amount, pending regulatory approval. Headquartered in London and founded by Guy Tyler and Edward Morgan, Gardian Marine offers specialist insurance covering shipbuilder’s risk, shiprepairer’s liability, voyage and towage, as well as a range of bespoke support products….
Global reinsurance brokerage Howden Re has appointed Verena Seitz and Johanna Fricke as directors to strengthen its DACH interim team. Both will focus on expanding Howden Re’s temporary reinsurance business in the DACH region. They have extensive experience in structuring and implementing complex multinational projects and have established excellent client relationships in the DACH market….
CRC Group, the independent wholesale specialty insurance distributor, has launched REDY INTEL, a new artificial intelligence engine embedded in the CRC REDY platform. REDY INTEL aims to transform the way professional risk is analyzed, targeted and placed by transforming data into real-time, actionable insights across every workflow. It enhances every interaction on the REDY platform,…
International life insurance group Talcott Financial Group has announced the expansion of its subsidiary Talcott Life Re’s previously announced bulk reinsurance transaction with Japan Post Insurance Company. Under the terms of the extended agreement, Talcott Life Re will reinsure an additional 100 billion yen (approximately $625 million at current exchange rates) of in-force annuities. This…
Global insurance and reinsurance broking group Howden is to strengthen its specialist actuarial and longevity consulting capabilities with the acquisition of Hymans Robertson’s insurance and financial services consulting group (IFS group). The transaction is expected to close this spring and will result in the creation of Howden Insurance Actuarial & Longevity (Howden IAL), a new…
Techcom Life Insurance Joint Stock, a new life insurance company established by Techcombank, has entered into a strategic partnership with global life and health reinsurer Reinsurance Group of America (RGA) to expand access to and support the growth of the Vietnamese life insurance market. The collaboration marks the first of its kind in Vietnam, bringing…
Qover, a Belgian insurtech company specializing in embedded insurance orchestration, has secured $12 million in growth capital financing from CIBC Innovation Banking as it enters its tenth year of operations. The company reported that this latest financing brings its total funding since inception to more than $100 million. Qover explained that it develops technology infrastructure…
WTW Enterprises Willis has announced the appointment of Tony Simm as interim head of Europe and UK. In his new role, Simm will be responsible for leading the delivery of high-quality client solutions across diverse geographies and lines of business. He is also responsible for developing strategy for the European and UK interim teams, attracting…