Vienna Insurance Group (VIG) has reported an 8.3% increase in gross written premiums (GWP) to EUR 4.65 billion for the first quarter of 2025, driven by growth across all lines of business. The highest premium growth rates were seen in the Special Markets (+25.4%), Poland (+13%), and Extended CEE (+10.3%) segments, with Romania, the Baltic […]
A 13-year-old boy who fell off a Memorial Day parade trailer in Green, Ohio and suffered critical injuries was pronounced dead at a local hospital, the city’s fire department says.
Slide Insurance has filed with the SEC for an initial public offering and intends to use the net proceeds to underwrite additional policies, fund its business growth, and support general corporate purposes. While the technology-enabled insurance firm has not disclosed the expected price range or number of shares to be offered, some experts have suggested […]
Insurance Advisory Partners (IAP), an investment bank dedicated to the insurance, insurance services, and insurtech sectors, has announced the appointment of Joe Plumeri as Chairman. His appointment will take effect on September 1, 2025. In addition to assuming this new leadership role, Plumeri will also become an investor in the firm. Plumeri brings decades of […]
AM Best has affirmed its Stable outlook for Spain’s non-life insurance segment, citing a number of positive trends that are expected to help improve the sector’s performance. These include the increasing prominence in health and catastrophic risks, which AM Best argues is reshaping the competitive landscape; the ongoing motor insurance pricing adjustments that are expected […]
Ping An Insurance (Group) Company of China, Ltd., an integrated financial services providers with a presence in insurance, banking, and asset management, has launched the international edition of its risk mitigation platform, “EagleX,” through its subsidiary Ping An Property & Casualty Insurance (P&C). This advanced platform offers global users detailed disaster risk assessments, timely warnings, […]
Insurance and reinsurance brokering group Gallagher has announced the appointment of Sherry J Ortiz as US Head of Aerospace Claims in its global aerospace practice, a role based in the US. Ortiz is a qualified pilot with a proven track record managing complex litigation across major airline, manufacturing, and general aviation sectors. Her experience includes […]
Venbrook Group, LLC, an independent insurance distribution and services firm in the US, has promoted Jeff Lang to the newly created position of President, Retail Property & Casualty. In his new role, Lang will continue the successful growth momentum and lead Venbrook’s retail division and guide the firm’s national strategy across key sectors. He will […]
Mitsui Sumitomo Insurance Thailand Branch (MSITB) and MSIG Thailand have partnered with Bank of China (BOC Thai) and China Pacific Insurance (CPIC), to expand a strategic bancassurance alliance in Thailand. Having signed a Memorandum of Understanding (MOU), the three organisations will collaborate to enhance the distribution of comprehensive insurance products through BOC Thai’s channels, catering […]
This week on “Face the Nation,” Margaret Brennan speaks to former Defense Secretary Robert Gates about the war between Israel and Hamas, campus protests in the U.S. and the ongoing congressional debate on providing aid to Ukraine. Plus, Ukrainian ambassador to the U.S. Oksana Markarova joins.
