Corporate & Specialty lines insurer HDI Global has announced the appointment of John Morrell as the new Head of Energy & Power Underwriting Middle East, within its cross-divisional Energy & Power Unit, effective 1 December, 2025. Based in Dubai, … [Read More...] about HDI Global appoints John Morrell as Head of Energy & Power Underwriting Middle East

Willis Re, a specialised reinsurance broker, reports that two parametric risk transfer deals have recently drawn attention after confirming swift payouts to Jamaica. Hurricane Melissa activated the country’s $150 million World Bank sovereign bond, which had … [Read More...] about Parametric reinsurance gains momentum as Jamaica sees rapid hurricane payouts

Testudo, a technology and data company underwriting artificial intelligence (AI) risks, has announced the appointment of Peter Wedge as General Counsel. Launched in 2024, Testudo underwrites AI risks using active litigation monitoring and real-time data. Its … [Read More...] about Testudo appoints Peter Wedge as General Counsel

Canada Life Reinsurance, the Capital and Risk Solutions (CRS) reinsurance business of Great-West Lifeco, had a strong third quarter in 2025 with base earnings up 20% from the prior year quarter to $265 million. Alongside the increase in base earnings … [Read More...] about Canada Life Re reports 20% increase in base earnings to $265m for Q3’25

Morningstar DBRS has highlighted that while Canadian property and casualty (P&C) insurers remain robust, with strong capital margins and growth potential, they face a rising threat from natural catastrophes and the losses these events can cause. At Credit … [Read More...] about Canadian P&C insurers seek ways to transfer rising cat risk: Morningstar DBRS