Blackstone, the alternative asset manager, has announced the appointment of Kimberly Kim as Senior Managing Director and Head of APAC Insurance Institutional Client Solutions for Blackstone Credit & Insurance (BXCI). This newly created role supports the … [Read More...] about Blackstone appoints Kimberly Kim as Head of APAC Insurance Institutional Client Solutions

Over 90% of businesses worldwide have expressed interest in insurance coverage for Generative AI (Gen AI) risks, with two-thirds willing to pay at least 10% higher premiums for such coverage, according to a new report by the Geneva Association. The Geneva … [Read More...] about 9 in 10 businesses interested in insurance for Gen-AI-related risks: GA

CyberCube, a provider of cyber risk analytics for the re/insurance industry, has secured a sizeable investment of over $180 million from Spectrum Equity, a new cornerstone investor, which will be used to fuel the future development of the firm’s products … [Read More...] about CyberCube secures over $180m investment from Spectrum Equity

CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fourth industry loss estimate for the ice storm that affected Ontario and Quebec from March 28 to 31, 2025, raising losses to CAD 490 million. The … [Read More...] about CatIQ lifts Ontario & Quebec ice storm loss estimate to CAD 490m

Protecdiv, an insurance and reinsurance brokerage firm, has announced the promotion of Cate DelaCruz to Executive Vice President and Head of Analytics, effective immediately. In her new position, DelaCruz will be responsible for leading the ongoing development … [Read More...] about Protecdiv promotes Cate DelaCruz to EVP and Head of Analytics