Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released a new set of High Velocity (HV) models aimed at streamlining the analysis of hurricane and severe convective storm (SCS) losses. These models are designed to support quicker assessments while remaining consistent with KCC’s existing catastrophe reference models. Built using the […]
Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has partnered with Asset Performance Partners (APP), a graduate of the 2024 Lloyd’s Lab, to enhance data insights and risk management in the energy insurance sector. APP reportedly provides real-time operational data and insights for energy asset operators. By combining performance data with input from on-site engineers, […]
McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy industry, battery storage systems have become increasingly vulnerable to cyber threats. As these systems become more interconnected and essential to energy […]
Markel Insurance, the insurance operations within Markel Group, has made new leadership appointments within its US Wholesale and Specialty division as part of a strategic regional realignment. Namely, Markel has revealed it is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions. The firm stated that this […]
B.P. Marsh & Partners, a specialist private equity investor, has acquired a 27% shareholding in Cameron Specialty, a London-based underwriting agency. Founded in 2021, Cameron Specialty focuses on UK property insurance across the commercial combined and property owners sectors. The business is led by Founder and CEO Tom Kirkland. B.P. Marsh will provide up to […]
Bermuda-based insurance and reinsurance company, Hamilton Insurance Group, has today announced that Adrian Daws will succeed Megan Graves as Chief Executive Officer (CEO) of Hamilton Re, with Alex Baker taking over from Daws as CEO of Hamilton Global Specialty. The appointments of Daws and Baker remain subject to requisite regulatory approvals, and with Daws’ new […]
Cyber events that cause reputation risks can lead to an average 27% drop in shareholder value, according to Aon’s 2025 Global Cyber Risk Report. The report analysed more than 1,400 cyber events globally, identifying which types are most likely to evolve into reputation risk events and which are most damaging when they do. Of the […]
The International Underwriting Association (IUA), the representative body for London company market insurers, has announced the appointment of three new directors as part of a wider organisational restructure, with these changes coming under the direction of Chris Jones, who became Chief Executive of the IUA on May 1. The restructure includes the formal split of […]
Medicaid Work Requirements Are Generally Popular, But Arguments Can Shift Views Nearly two-thirds (64%) of the public holds unfavorable views of the “One Big Beautiful Bill” passed last month by the House, nearly twice the share who view the bill favorably (35%), a new KFF Health Tracking Poll finds. The budget reconciliation bill that includes…More
Commercial insurer QBE has announced the appointment of Henrik Larsen as General Manager for the Nordics, effective 23rd June 2025. Based in Copenhagen, Larsen will lead QBE’s team across Denmark and Sweden to strengthen the company’s market position in the region. He will report to Beatriz Valenti, Director of Insurance, QBE Europe. In this role, […]
