HDI Global, a commercial and specialty lines insurer, has announced the roll out of HDI ARGOS 4.0 (Accumulation Risk Geospatial Online System), an advanced digital risk management service for its clients. This NatCat assessment tool, created in response to the increasing frequency and severity of natural catastrophes driven by climate change, will enable companies to […]
P&C Insurance
Nudo becomes US casualty segment leader of Aon Reinsurance Solutions
Aon, the global re/insurance broking group, has announced that it has appointed Nick Nudo as U.S. casualty segment leader of the firm’s Reinsurance Solutions business. Nudo joined the broker in 2024 as Senior Managing Director of Reinsurance for Chicago. Overall, he brings more than 20 years of re/insurance industry expertise across broking, underwriting and product […]
American Integrity Insurance introduces commercial residential property programme in Florida
American Integrity Insurance Group, Inc., a property insurance provider in the Southeast, has announced the launch of its new Commercial Residential Property Programme. The initiative is designed to offer comprehensive protection for condominium associations, townhome associations, and homeowners associations throughout Florida. This expansion into commercial lines comes on the heels of the company’s successful Initial […]
Blackstone appoints Kimberly Kim as Head of APAC Insurance Institutional Client Solutions
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 continued expansion of BXCI in the APAC region. Kim brings more than 20 years of experience in the APAC […]
9 in 10 businesses interested in insurance for Gen-AI-related risks: GA
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 Association surveyed 600 corporate insurance decision-makers across China, France, Germany, Japan, the UK, and […]
CyberCube secures over $180m investment from Spectrum Equity
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 and solutions to quantify cyber exposures. Spectrum Equity, a growth equity firm founded in 1994, […]
CatIQ lifts Ontario & Quebec ice storm loss estimate to CAD 490m
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 event involved a prolonged period of wintry precipitation across southern Ontario and Quebec, with […]
Protecdiv promotes Cate DelaCruz to EVP and Head of Analytics
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 and strategic direction of Protecdiv’s analytics platform. She has also been tasked with overseeing the creation of proprietary […]
There are challenges, but reinsurance conditions remain favourable: Lockton
The property reinsurance market continues to soften and is not without its challenges as sellers continue to scrutinise secondary perils and re/insurers struggle to develop a universal view on the impact of tariffs and inflation on losses, according to report from broking group Lockton. It’s no secret that property reinsurance rates have softened from the […]
Aon strengthens commercial risk sales in India with new Regional Heads
Aon has announced the appointments of Raghav Arora, Prasanna Kumar, and Preeti D’Silva to its commercial risk sales division in India. Raghav Arora has been named Regional Head, Commercial Risk Sales – North, and Head, Asia Global Solutions at Aon India. Arora brings over 21 years of experience in institutional business development, key account management, […]