Linda

The Insurance Information Institute’s (Triple-I) recent Issues Brief highlighted misconceptions of risk-based pricing in property/casualty insurance, which some perceive as unfair, and recommended solutions, including modernising building codes and proactive mitigation measures. Risk-based pricing means offering different prices for the same level of coverage based on risk factors specific to the insured person or property. […]

Addresscloud, a UK geocoding and property intelligence expert, and Artificial, a London-based algorithmic underwriting and placement company, have partnered to enhance property intelligence and risk insights. The partnership will integrate Addresscloud’s rich, address-level property enrichment directly into Artificial’s platform. This integration will equip underwriters and brokers with access to more granular data, enabling them to […]

In the first half of 2025, US property/casualty (P&C) insurers saw a slight increase in issuer credit rating upgrades, rising to 18 from 16 in the same period a year earlier, while downgrades remained steady at 20, according to a recent AM Best special report. By line of business, five ratings in the personal lines […]

As the pension risk transfer market evolves and grows increasingly competitive, member experience has become a defining factor for trustees when selecting insurers for buy-in and buy-out transactions, according to pensions and financial services consultancy Hymans Robertson. The firm noted that pension schemes which prioritise member experience early in their buy-in and buy-out journey are […]

Insurance companies remain cautious as inflation once again emerges as one of the leading macroeconomic risks, according to BlackRock’s 14th annual Global Insurance Report. BlackRock, the asset manager, surveyed 463 senior investment professionals across 33 markets representing a combined US$23 trillion in assets under management. The findings highlight an industry balancing prudence with selective pursuit […]

Gallagher Re, a global reinsurance brokerage and risk advisory firm, has appointed Andrew Phelan as Chairman of Global Credit, Surety (except US), and Political Risk. In his new role, Phelan will be based in Bermuda and focus on expanding the broker’s presence across the UK and International markets. Most recently, Phelan served as the Head […]

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 Ratings (FSRs) of US insurance companies. According to Morningstar DBRS, capital flexibility directly affects how insurers finance growth, manage risk, and compete within a dynamic […]

Preferred Reinsurance Intermediaries, a boutique reinsurance intermediary and subsidiary of Balavant Insurance Group, has appointed Tyler King as Executive Vice President (EVP). The appointment aligns with Preferred Re’s strategy to build a leadership team with the expertise, relationships, and vision to drive growth and strengthen its position in the expanding program business segment. In his […]

Data centres offer re/insurers a massive opportunity due to their scale, but they also carry significant risks, and if the industry cannot quickly provide solutions that meet the needs of technology giants, these risks could move into captives, said Rachel Turk, Chief Underwriting Officer at Lloyd’s, the specialist insurance and reinsurance marketplace. Speaking during Aon’s […]

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 reinsurance marketplace, said that there’s “plenty of growth opportunities around” as the market looks to stay ahead of volatility. Moderated by Molly Tully, Executive Managing Director at Aon, […]