Latest Smartphones, Gadgets and Startups News
Chris Jones, chief executive of the International Underwriting Association (IUA), said members will continue to insure clients across multiple business sectors affected by current hostilities involving Iran, adding that the maritime war risk market is functioning as expected given the heightened threat to shipping. Even before the current hostilities began, Jones said Iran and the…
Commercial and specialty lines insurer HDI Global has announced the appointment of David Wilson to the newly created role of Global Claims Head of Energy & Power, effective March 1, 2026. Based in London, Wilson will work globally within HDI’s Energy & Power division. He will report to Roman Felten, Global Head of Claims. In…
The track record of private insurance-linked securities (ILS) fund strategies continues to attract more attention, and while private ILS and hybrid strategies are more challenging to raise, conditions for this part of the market continue to improve compared to pure cat bonds, industry experts at the Artemis ILS NYC 2026 conference said. The tenth meeting…
AXA XL, AXA’s property, casualty and specialty risks division, has announced the appointment of Leyla Delic as Chief Technology and Artificial Intelligence Officer. Based in London, Delic will report to Scott Gunter, CEO of AXA XL, and Matthieu Caillat, Group Chief Technology and Artificial Intelligence Officer and CEO of AXA Group Operations. She brings more…
Only one U.S. property and casualty (P&C) insurer was recorded as impaired in 2024, according to credit ratings agency AM Best, a significant decrease from the 13 impaired insurers reported a year earlier. AM Best outlines findings in its 2024 report U.S. Property and Casualty Insurance Impairment Update. According to AM Best, the only loss…
Pen Underwriting, a multi-category, multi-territory managing general agency (MGA), has officially launched in the UK mid-market professional indemnity (PI) sector to cater for the needs of firms with higher fee income or higher turnover. The new product is supported by MGA’s partnered panel of A-rated insurers, which complements the company’s existing SME PI risk expertise…
Tracy-Lee Kus, chief executive of Aon Global Brokers, has been appointed chairman of the London and International Insurance Brokers Association (LIIBA), the representative body for insurance brokers in the London market. Kus, a 14-year veteran of Aon who has held a number of senior positions at the company, succeeds Howden’s Andy Bragoli, who will serve…
Achmea and Achmea Pension & Life Insurance (a joint venture between Achmea and Sixth Street established on October 1, 2025) announced the completion of two longevity reinsurance transactions executed by Achmea Pension & Life Insurance, which together cover approximately €8 billion of pension liabilities and approximately half of the company’s longevity risk exposure. The agreements…
Markel Insurance, the insurance business of Markel Group Inc., has appointed Kristen Dardia as head of U.S. and Bermuda portfolio analysis in New York. In her new role, Dardia will lead Markel’s advanced analytics, technology pricing and portfolio management capabilities across two geographies. The appointment is in line with the insurer’s long-term strategic plan to…
Achmea and Achmea Pension & Life Insurance (a joint venture between Achmea and Sixth Street established on October 1, 2025) announced the completion of two longevity reinsurance transactions executed by Achmea Pension & Life Insurance, which together cover approximately €8 billion of pension liabilities and approximately half of the company’s longevity risk exposure. The agreements…