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Zurich expands its data centre insurance to five new countries

Major major carrier Zurich Insurance Group has expanded the availability of Data Center Project Guard, a comprehensive insurance and risk management solution for large-scale construction projects, to meet the growing needs of customers around the world for coordinated protection. The solution’s successful debut in the United States saw Zurich underwrite more than 245 data center…

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Howard Hughes completes $2.1bn Vantage acquisition

Howard Hughes Holdings Inc. (HHH) has completed its previously announced acquisition of specialty insurance and reinsurer Vantage Group Holdings Ltd. in an all-cash transaction valued at approximately $2.1 billion. The acquisition, completed by Howard Hughes Insurance Holdings, LLC, a wholly-owned subsidiary of HHH, upon receipt of all necessary regulatory approvals, is expected to drive Howard…

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Renewal rates down across most commercial lines month over month in May: Ivans

Ivans, a division of Applied Systems, has released its May 2026 Ivans Index results, showing average premium renewal rates declining month over month in nearly all major commercial business lines, with the exception of property and workers’ compensation, which increased slightly. Average premium renewal rates have increased year over year in all business areas except…

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Cedar Trace appoints Chris Wilson as Managing Director of Capital Management

Cedar Trace, an investment management firm focused on insurance-linked securities (ILS), announced the appointment of Chris Wilson as managing director of its capital management division as the firm continues to develop its ILS investment platform. Based in Bermuda, Wilson leads Cedar Trace’s ILS business, supporting areas such as underwriting, investor relations, fundraising and new product…

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ICEYE partners with Florida Flood Hub to enhance flood response and recovery

ICEYE, a global leader in synthetic aperture radar (SAR) satellite systems, has partnered with the Florida Flood Applied Research and Innovation Center to improve flood preparedness, response, recovery and resilience efforts. Florida’s Flood Center plays a key role in the state’s adaptation and mitigation efforts for extreme weather and hurricanes, primarily by coordinating research and…

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Gallagher Re expands FAC team

Global reinsurance brokerage and advisory firm Gallagher Re has announced three new appointments within its FAC team. Christine Drivas has been appointed FAC Division Director. She has over 20 years of expertise in the insurance and reinsurance markets. Drivas joins Gallagher Re from Miller Insurance Services LLP, where she spent 11 years as a reinsurance…

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Arch Insurance NA reshapes leadership team to strengthen wholesale operations

Arch Insurance North America (Arch Insurance), a subsidiary of Arch Capital Group and a provider of specialty insurance products and services, announced several leadership appointments to strengthen its wholesale business and support continued expansion in the excess and surplus (E&S) market. The company has created a new position as president of its wholesale property and…

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