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

Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a significant … [Read More...] about Nirvana and Pulse merge to create specialty MGA platform

Legal & General Assurance Society Limited (L&G), a subsidiary of Legal & General Group plc and a UK financial services provider, has completed a £96 million buy-in with the Cosworth Racing Limited Pension Fund, with the transaction securing the … [Read More...] about Legal & General secures £96m pension buy-in for Cosworth Racing Limited Fund