The government has extended the appointment of Hitesh Ramesh...
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MS Amlin grows Phoenix Re cat bond to $115m for 2026
Asia-focused ILS vehicle exceeds $100m milestone as insurer signals...
Global reinsurer capital reach a new high of $760 billion by September 30, 2025: AoN
Insurers were able to achieve significant decreases in pricing and...
TMK hire underlines life sciences ambition
Burke’s appointment follows several recent significant hires and promotions at TMK including Benjamin Goldsmith as a political violence underwriter, Sam Bye as cyber underwriter, Asia Pacific, Aoife Woulfe, head of delegated cyber, Paul Gooch, divisional head of large...
Zurich and KPMG collaborate to provide comprehensive climate change advisory services
In this evolving environment, it is increasingly important that businesses address both physical climate risks and transition risks. Transition risks include policy changes, reputational impacts, and shifts in market preferences, norms and technology The offering is...
Health must be fast-tracked for 2030
Sustainable Development Goal 3 also identified universal health coverage as the broad platform that could deliver health services while offering financial protection against inordinate out-of-pocket expenditures and debilitating catastrophic health expenditures New...
IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam
After Nitin Gadkari, union minister, Ministry for Road Transport and Highways, launched two basic level Surety Bonds, in Dec 2022, issued by Bajaj Allianz General Insurance with the support of reinsurance support from Munich Re and Swiss Re, the Surety...
Chubb launches Lloyd’s Lithium Battery consortium
The consortium was created to address a lack of capacity in the marine cargo market for providing lithium battery transit and stock insurance. It provides a one-stop solution with limits up to $50 million for risk types associated with lithium batteries including...
AXA XL appoints Anthony Dagostino as global chief cyber underwriting officer for commercial lines
Anthony Dagostino “Cybersecurity continues to be a top risk management concern for clients across AXA. Cyber is a strategic growth area for the group''Libby Benet, AXA XL’s chief underwriting officer New York: AXA XL today announced the appointment of Anthony...
SBI General launches a comprehensive health insurance product
There are four plans under the product which offers wide range of sum insured options ranging from Rs. 3 Lacs to Rs. 2 crores, and the policy tenure can be opted from one to three years. This product is designed to cater to a broad spectrum of customers, including...
Howden Tiger and Conning release research on the rise of asset-light insurance structures
David Flandro, Head of Industry Analysis and Strategic Advisory, Howden Tiger said, “The numbers are revealing; premiums underwritten by non-affiliated US MGAs have more than doubled since 2018, rising to $33 billion in 2022. It is evident that asset-light structures...
Morocco survivors seek aid as earthquake toll passes 2,100
The government said on Sunday it has set up a fund for those affected by the earthquake. Survivors of Morocco's deadliest earthquake in more than six decades struggled to find food, water and shelter on Sunday as the search for the missing continued in remote villages...
Constructive collaborations and client centricity will be key to successful negotiations
The rebound in the ILS market in 2023 has seen it now contributing a record $100 billion in risk transfer capacity, thereby acting as a key supply-side driver in the property catastrophe space. Within the ILS sector, catastrophe bond issuance set a 1H record, having...