Morningstar DBRS, a provider of credit ratings and risk analysis, reports that the ability to access capital continues to be one of the most important factors influencing the Financial Strength … [Read More...] about Capital flexibility drives competitive advantage among US insurers: Morningstar DBRS
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P&C Insurance
Capital flexibility drives competitive advantage among US insurers: Morningstar DBRS
There’s still ample growth opportunities: Aon re/insurance panel
Speaking on a panel earlier today as part of global broker Aon’s Reinsurance Renewal Season coverage, Rachel Turk, Chief Underwriting Officer at the specialist Lloyd’s insurance and … [Read More...] about There’s still ample growth opportunities: Aon re/insurance panel
Consilium launches stand-alone stock facility to improve inventory coverage
Consilium, the global specialty insurance and reinsurance wholesale broker, has announced that its Cargo Risk Solutions division has launched a stand-alone stock facility designed to deliver improved … [Read More...] about Consilium launches stand-alone stock facility to improve inventory coverage
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Xceedance receives growth investment from Portage Capital Solutions
Xceedance, a global provider of technology-driven business solutions for the insurance industry, has received a growth investment from Portage Capital Solutions, an investor focused on financial technology. With this latest investment, which gives Portage a … [Read More...] about Xceedance receives growth investment from Portage Capital Solutions
Africa Specialty Risks names Elaine Mason as Head of Claims
Africa Specialty Risks (ASR), the pan-African and Middle East-focused re/insurance group, has appointed Elaine Mason as Head of Claims, based in London. In her new role, Mason will lead ASR’s claims function, including furthering claims operations, philosophy, … [Read More...] about Africa Specialty Risks names Elaine Mason as Head of Claims
AM Best expects US P&C insurance underwriting profitability to persist in 2025
According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is set to expand more rapidly than the wider economy in 2025 and is projected to sustain underwriting profitability for a second consecutive year. The findings are … [Read More...] about AM Best expects US P&C insurance underwriting profitability to persist in 2025
The Fidelis Partnership promotes Sinéad Cunningham to Head of Space
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the promotion of Sinéad Cunningham to Head of Space. Cunningham brings five years of industry experience to the role. She joined TFP in June 2021 as an … [Read More...] about The Fidelis Partnership promotes Sinéad Cunningham to Head of Space
Most insurance leaders say industry isn’t adapting fast enough to climate risk: ZestyAI
A new ZestyAI survey finds that the insurance industry is falling behind in preparing for climate-driven risks, with 61% of executives saying the sector is not adapting quickly enough, even as natural disasters become more frequent, severe, and costly. ZestyAI … [Read More...] about Most insurance leaders say industry isn’t adapting fast enough to climate risk: ZestyAI