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Donald Trump drew fierce condemnation over his response to a protester being physically attacked by a member of the crowd during his speech at a midterm election rally on Monday. The protester, a woman wearing a shirt bearing the slogan “Release the Epstein Files,” was shoved and hit in the face by an apparent Trump…
Global reinsurance broker Marsh Re has appointed Blake Berman as Head of Advisory for North America. Berman brings extensive experience across advisory, client strategy, and the insurance and reinsurance markets, with a strong track record of helping clients navigate growth and capital efficiency challenges. He initially joined Marsh in 2011 as Assistant Vice President, Casualty…
I’ll never forget the moment my daughter asked me where babies came from. It was about 8.30pm and she was tucked up in bed ready to go to sleep. In classic inquisitive four-year-old style (and a blatant last-ditch attempt to delay bedtime), she asked: “Mummy, where do babies come from?” “That’s a very good question!”…
Pacific Life Re, the global reinsurance business of Pacific Life, has completed its second structured reinsurance transaction for this year for a leading Japanese life insurance company. The transaction, as confirmed by the reinsurer, was designed to enhance the cedant’s capital efficiency and optimise its economic capital position under Japan’s new Economic Solvency Ratio (ESR)…
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has made a parametric insurance payout to Mexico’s federal government following a magnitude 7.3 earthquake off the country’s southern coast on July 17, 2026. The event activated coverage under Mexico’s nationwide earthquake and volcanic risk program just weeks after its inception, for which LM…
Greater reinsurance capital supply is good news for an industry facing increasingly interconnected risks, according to Leopoldo Camara, Head of P&C Reinsurance Northern, Central & Eastern Europe at Swiss Re, speaking ahead of the Baden-Baden gathering 2026. “We think that is actually good news because more capital is needed to address the growing risks that…
Aon plc, the professional services firm specialising in risk, retirement and health solutions, has appointed Leonora Siccardi to the newly established position of Global Chief Execution Officer (CXO) for Risk Capital and Human Capital. The appointment takes effect immediately, with Siccardi reporting to Joe Peiser, Chief Executive Officer of Risk Capital, and Byron Beebe, Chief…
Reinsurance News held its fourth Monte Carlo Executive Roundtable at the 68th edition of the annual RVS meeting in September, bringing together eight leaders from across the re/insurance industry to discuss key issues shaping the sector. The 2026 Reinsurance News Monte Carlo Executive Roundtable report, in partnership with SiriusPoint, PwC, and BMS Group, is now…
Cotality, a global provider of property information, analytics, and technology-enabled data solutions, has estimated insured losses from Hurricane Isaias’ wind and storm surge at USD 2 billion to USD 3 billion, with the bulk of losses expected in the Florida Panhandle and southern Alabama. Hurricane Isaias made landfall near Destin, Florida, on 9 October, 2026,…
Aon and the European Bank for Reconstruction and Development (EBRD) have expanded the Ukraine Recovery and Reconstruction Guarantee Facility (URGF) from €110 million to €150 million, boosting war risk reinsurance capacity that has supported nearly 10,000 policies covering goods and vehicles worth more than €500 million. Aon said the expansion comes at a critical time…