DWF, a provider of integrated legal and business services, has announced the appointment of Kathleen Buck as President of its US claims team within the Claims Management and Adjusting (CMA) division. With a wealth of experience in the insurance sector, Buck has a strong background in claims management. She previously served as Vice President of […]
Catastrophic risk modelling software provider KatRisk has acquired Gamma, a location intelligence and property-level risk assessment firm. According to KatRisk, the acquisition strengthens its commitment to innovation, enhances its technical expertise, and expands its global footprint. KatRisk plans to integrate Gamma’s capabilities in property-level visualisation to deliver intuitive map-based risk insights, dynamic dashboards, and advanced spatial […]
A new survey from NEXT Insurance, a digital insurtech company focused on serving small businesses, reveals that economic pressures remain intense for entrepreneurs heading into 2025. The findings, drawn from a sample of 500 small business owners across the United States, show that inflation and labor shortages continue to be the most pressing issues. The […]
Home insurance group Hippo, has announced its financial results for the first quarter of 2025, reporting year-on-year revenue growth of 30% to $110 million, with net loss increasing by $12 million to $48 million, with the Los Angeles wildfires contributing $45 million. Despite the wildfires’ impact, the company’s Insurance-as-a-Service (IaaS) revenue grew 91% year-over-year. This […]
MAPFRE, a Spanish insurer and insurance group in Latin America, has become the first IBEX 35-listed company to introduce a formal set of principles for the responsible development and use of artificial intelligence (AI). The company has launched its Manifesto for a Humanistic, Ethical, and Responsible AI, outlining its commitment to developing AI solutions that […]
A new PwC report on non-life insurance run-off deals has revealed that in Q1 2025, 8 acquirers publicly announced 11 deals, 9 of which disclosed transferred reserves totalling nearly $1bn, with the UK and Ireland dominating by accounting for 9 of these deals, reflecting the sustained momentum of legacy activity in the region after a […]
Amanda Lyons has been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda, effective July 1, 2025, subject to regulatory and immigration approvals. Based in Bermuda, Lyons is reportedly expected to lead the growth of Aon’s reinsurance platform on the island. In addition to her new role, she will continue to serve as global product […]
Corebridge Financial, an American multinational financial services company, has announced its financial results for the first quarter of 2025, reporting $649 million in adjusted after-tax operating income despite a net loss of $664 million. Q1 2025’s net loss compares to a gain of $878 million reported in the same period last year. Corebridge attributed this […]
European reinsurer Hannover Re has announced the appointment of Lena Kettler as Global Head of Claims (P&C), a newly created position based in Hannover. Kettler is joining Hannover Re with close to two decades of industry experience with extensive knowledge in both underwriting and claims. “Thanks to her broad experience, Lena will be able to […]
Envelop Risk, a data-driven cyber reinsurance and analytics specialist, has expanded its Bermuda presence with the addition of Jacquelynn Morley to the team. A reinsurance expert with 18 years of experience, Morley brings extensive capabilities in managing complex, multimillion-dollar fronting portfolios, seamlessly blending deep technical underwriting expertise with a sophisticated understanding of structured reinsurance solutions. […]
