In his keynote address at the 20th Singapore International Reinsurance Conference (SIRC), Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore (MAS), outlined a detailed plan to reinforce Singapore as Asia’s leading reinsurance hub. While Yong’s keynote touched on numerous topics, one of the […]
Using its synthetic aperture radar (SAR) satellite constellation to track the recent severe flooding in southeastern Spain, ICEYE estimates that over 2,600 buildings have been affected. For those unaware, flash floods in Spain have killed over 200 people, triggered by a destructive weather system where cold and warm air meet to produce intense rain clouds. […]
INTERprotección, the largest insurance broker in Latin America, has opened its new office in São Paulo, Brazil, reinforcing the company’s commitment to offer a close and personalised service across the Brazilian market, as well as continuing its growth alongside its clients. The company’s new headquarters are located in the Faria Lima area, which is regarded […]
Antares Global, the multinational group of insurance and related service companies, has announced the restructure of its underwriting operations, aligning all its business units within two streams of operation, Retail and Commercial. The changes, driven by two years of reorganisation and investment, have delivered impressive financial results, Antares highlights. With separate underwriting divisions in Bermuda […]
Analysts at Deutsche Bank expect fairly limited direct impacts to European insurers from tomorrow’s US election but sees some potential implications for carriers in the US, including a possible post-election M&A rebound. The polls suggest it’s going to be a tight race between Vice President Harris and former President Trump, with analysts warning that the […]
Chicago-domiciled insurer, CNA Financial Corporation has reported a net income of $283 million for the third quarter of 2024 compared to the $258 million seen in the comparative prior year quarter. The insurer also reported its P&C segment saw its core income increase to $346 million in the quarter, compared to the $351 million in […]
Aspen Insurance Group, a specialty insurer and reinsurer, has announced the appointment of Paul Bradbrook as UK Chief Financial Officer. Bradbrook brings nearly three decades of industry experience to his new role, particularly in senior finance positions. He joins Aspen from R&Q Insurance Holdings, where he served as Chief Accounting Officer. Prior to that, Bradbrook […]
Ebix Europe, a London-based technology specialist, has introduced a new suite of data-first features for its digital placing platform, PlacingHub, to support market modernisation. Launched earlier this year, PlacingHub is Ebix Europe’s electronic placing platform, allowing brokers and insurers to quote, negotiate, bind, and endorse business digitally. The new DataFirst suite offers flexible, user-defined document […]
Melanie Windirsch has been appointed the new Head of International Programmes (IP) at HDI Global SE. She succeeds Dr Dirk Höring, who held the position before being promoted to the HDI Global SE Executive Board in April. Dr Kuhnt, COO and CIO of HDI Global commented, “I am delighted to welcome Melanie to my leadership […]
Steadfast Group, the parent company to a range of broking and underwriting operations, including reinsurance broker Steadfast Re, has announced plans to expand its London office as the company is seeing increasing demand for placing business into the specialist Lloyd’s market. At the same time, the organisation has also got off to a strong start […]
