Latest Smartphones, Gadgets and Startups News
Hannover Re’s latest Annual General Meeting (AGM) approved a proposal by the Executive Board and Supervisory Board to pay a dividend of €12.50 per share, reflecting the reinsurer’s latest dividend policy for the 2025 financial year. The dividend is reported to be a 39% increase over the previous year, bringing the total payout to shareholders…
Insurance brokerage, risk management and advisory firm Gallagher has announced the launch of Gallagher Blueprint, a strategic framework designed to help clients enhance their risk profile and build more cost-effective insurance plans. Gallagher Blueprint combines AI-driven analytics with Gallagher’s proprietary data and deep niche expertise. It builds on Gallagher’s established sales methodology, aligning clients’ insurance…
Commercial insurance intelligence platform Fuse expands the scope of Watch, its real-time risk intelligence layer built for the entire insurance value chain. Fuse announced the full rollout of Watch in April, launching a product built specifically for commercial insurance brokers and underwriters that plots every active hazard in the United States on a real-time map….
International General Insurance Holdings Limited (IGI), a specialty commercial insurance company and reinsurer, reported underwriting income of US$37.7 million in the first quarter of 2026, an increase of 35.1% from US$27.9 million in the same period last year, and the combined ratio increased from 94.4% to 89.1%. IGI attributed the improvement in underwriting revenue to…
Atrium, the specialist insurer owned by Lloyd’s, has announced the appointment of Naveed Haque as head of casualty reinsurance. During his tenure at Atrium, he will be responsible for building and developing the company’s casualty reinsurance portfolio, with a focus on sustainable growth and disciplined underwriting performance across Atrium’s broader casualty insurance products. Haque brings…
MSIG USA, the U.S. insurance subsidiary of Mitsui Sumitomo Insurance Group, has appointed Pat Dougherty as head of guarantees, responsible for overseeing the strategic direction and expansion of the business, reporting to Dan Riordan, head of political risk and trade credit. Dougherty has nearly 20 years of experience in the guaranteed market spanning underwriting, distribution…
S&P Global Ratings, a global credit rating agency that assesses the creditworthiness of organizations and financial instruments, said the insurance industry continues to face rising losses from extreme weather but has demonstrated strong overall financial resilience under severe stress scenarios. Published on May 4, 2026 titled Chart shows how global insurance companies can cope with…
American International Group (AIG) has reportedly agreed to sell approximately 25 million shares of Corebridge Financial, Inc. common stock, effectively exiting its remaining stake for net proceeds of approximately $710 million. The sale, expected to close on May 7, comes after AIG confirmed in 2024 that it had met requirements to spin off Corebridge Financial…
Howden Re, the reinsurance arm of Howden Group, has released Cygenesis: The origins of the Internet market cyclea new report examines how different insurance and capital market cycles can be combined into a framework to understand cyber markets. The research explores the influencing factors shaping the current soft market and outlines the conditions that could…
Swiss Re has appointed Dean Galligan as head of trading for the Life & Health Re (L&H Re) business unit, effective August 1, 2026. Prior to joining Swiss Re, he served as Chief Capital Officer at Phoenix Group and was a member of the FTSE 100 Group Executive Committee. In a newly created role based…