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Two recent jury verdicts against Meta and Google have drawn attention as early indicators of evolving liability risks. In separate cases, juries have found liability for certain damages on theories related to software platforms designed to drive long-term engagement. Moody’s emphasized that the verdict itself is only an early data point. The broader significance lies…

Hong Kong-based global reinsurer Peak Re (Peak Re) set out its assessment of the impact of the Iran conflict on the economy and re/insurance markets in a recent analysis led by Vice President and Economist Kritika Kashyap. Peak Re sees this situation not only as a geopolitical crisis, but also as a developing energy and…

Joseph Barrowclough has been appointed President of Bermuda Reinsurance for US insurance and investment company Prudential Financial Inc. (PFI), overseeing Gibraltar Re and Lotus Re. Gibraltar Re and Lotus Re are reinsurance companies headquartered in Bermuda and wholly owned subsidiaries of PFI. They act as an in-house reinsurer focused on managing the capital efficiency of…

The board of directors of Crawford & Company, a global provider of claims management and outsourcing solutions to insurance companies and self-insured entities, has appointed W. Bruce Swain, Jr. as president and chief executive officer (CEO), effective immediately. Effective January 1, 2026, Swain serves in an interim dual role, working closely with the leadership team…

Global consulting, broking and solutions company WTW has announced structural changes to the EMEA regional operations of its insurance consulting and technology business, establishing dedicated EMEA P&C and EMEA Life businesses. The reorganization is in response to technology disruption and customer demand and is designed to deliver deeper expertise, more consistent delivery and innovation at…

Gen Re, the global reinsurance subsidiary of Berkshire Hathaway, announced the appointment of Charles Lawson as head of North American P&C treaties and Erin Kang as chief underwriter of North American P&C treaties. In the newly created role, Lawson will oversee General Re’s three North American property and casualty treaty divisions. He joined Gen Re…

Odyssey Group has unveiled a new brand identity that aligns its Hudson and Newline brands with OdysseyRe and Odyssey Group, reflecting the company’s collective strengths and long-term values. Odyssey, whose subsidiaries Hudson Insurance Group and Newline Group use the tilde, said the tilde has been synonymous with its brand since its founding in 1996. “The…

Climative, a property-level climate intelligence company, has launched a new insurance-focused platform designed to help insurers communicate climate risks to homeowners in a clearer, more practical way. The company, which specializes in turning complex environmental data into property-specific insights, said the platform is designed to support insurers and homeowners in more effectively combating growing climate…

Niyam Group has been authorized to operate as a secondary insurance intermediary office (IIO) in GIFT City with Sumit Aneja appointed as the chief officer. The company was founded in January by Bobby Swarup, an insurance industry veteran with more than two decades of experience. Niyam is an Indian business focused on bringing additional reinsurance…

SXG Underwriting Limited (Specialty X Global), the newly established managing general agent (MGA) of Simon Global Insurance Group, has also been approved as a Lloyd’s underwriter. Specialty It also enables MGA to provide flexible and tailored solutions for complex risks, supported by the strong regulatory framework and reputation of the Lloyd’s market. In addition, SXG…