DNC panel pushes to scrap David Hogg's vice chair election
David Hogg has been at the center of an intraparty battle within the Democratic National Committee.
Proposed NOAA cuts threaten decades-long CO2 data collection: Scientist
Charles David Keeling first documented how the gas buildup in the atmosphere contributes to the warming planet. His son says proposed cuts to NOAA threaten critical scientific research.
IRLA Congress: Legacy market shifts to proactive capital management and risk solutions
The legacy and reinsurance market, once viewed as a niche or reactive segment of the insurance sector, has now become a central component of capital management strategies and long-term planning. That was the consistent theme emerging from this year’s IRLA Congress & Business Seminar, where industry leaders underscored the market’s growing sophistication, relevance, and capacity […]
Aon promotes Amanda Lyons to Bermuda CEO of Reinsurance
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 reports strong operating income despite net loss in Q1’25
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 […]
Lena Kettler named Global Head of Claims (P&C) for Hannover Re
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 adds Jacquelynn Morley to its Bermuda-based team
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. […]
Sutherland to succeed Schmitzer as President of E&S at James River Group
James River Group Holdings, a Bermuda-domiciled insurance holding company, has appointed Todd Sutherland, current Senior Vice President, Management Liability for the Excess and Surplus Lines (E&S) segment, to succeed Richard Schmitzer as President of the E&S segment, effective May 5th, 2025. Schmitzer will retire as Chief Executive Officer (CEO) of the E&S segment on July […]
ZestyAI’s Severe Convective Storm suite receives approval in Ohio
ZestyAI, a provider of AI-driven insurance risk analytics, has announced that its Severe Convective Storm suite, which includes Z-HAIL™, Z-WIND™, and Z-STORM™, has received regulatory approval from the Ohio Department of Insurance. With the addition of Ohio, the suite is now approved for use in 16 states. Ohio has experienced 36 billion-dollar loss storm events […]
Lemonade’s revenue increases 27% to $151.2m in Q1’25
In its Q1 2025 results, Lemonade has reported total revenue of $151.2 million, marking an increase of $32.1 million or 27%, compared to Q1 2024, primarily due to the increase in gross earned premium, ceding commission income, and net investment income. Meanwhile, the firm’s in force premium, defined as the aggregate annualised premium for customers […]