Munich Re Life US & MIB partner to accelerate adoption of electronic medical data


Munich Re Life US, a subsidiary of Munich Re, has partnered with MIB, a provider of data-driven insights and digital services for the life insurance industry, to support the adoption of electronic medical data in life insurance underwriting by enhancing data access and advancing analytics capabilities. As part of this initiative, MIB is acquiring Clareto, […]

Kamil Mammadov named Head of Short Tail Lines for Rokstone DIFC


Rokstone, an international speciality re/insurance MGA and part of the Aventum Group, has appointed Kamil Mammadov as Head of Short Tail Lines for Rokstone DIFC, subject to regulatory approval. Mammadov holds over 20 years of underwriting experience in the MENA region, having started his career with AIG in Azerbaijan in 2004 as a Commercial Lines […]

Velocity completes sales of VSIC to FM


FM, a property mutual insurance company, has completed the previously announced acquisition of Velocity Specialty Insurance Company (VSIC) from Velocity HoldCo, LLC (Velocity), the former parent company of VSIC and Velocity Risk Underwriters, LLC (VRU). The transaction follows the earlier sale of VRU to Ryan Specialty, which together represents a full exit of Oaktree Capital […]

Palomar’s Q1’25 net income hits $42.9m as CoR improves


Palomar Holdings has reported a net income of $42.9 million for Q1 2025, up considerably compared to the $26.4 million disclosed in Q1 2024. Palomar’s gross written premiums were also up in the opening quarter of 2025, expanding 20.1% from the same period of 2024 to $442.2 million, while net earned premiums increased 52.1%. The […]

Assured Guaranty adds Tony Ursano to its Board


Tony Ursano, founder and managing partner of Insurance Advisory Partners, LLC, has been elected to Assured Guaranty’s Board of Directors on May 2nd, 2025, where he will serve on the Environmental and Social Responsibility, Finance and Risk Oversight committees. The addition of Ursano takes the number of Assured Guaranty Board members to 10. Prior to […]