US based parametric insurer and reinsurer, NormanMax Insurance Holdings, has appointed experienced reinsurance and retrocession broker, Nick Griffiths, as its new Chief Revenue Officer. As reported by our sister publication, Artemis, Griffiths will work across all of NormanMax’s platforms, bringing his more than 27 years of industry experience to the firm as it continues to […]
P&C Insurance
Strong profits continue for US workers’ comp despite pricing cuts: AM Best
The U.S. workers’ compensation line of coverage remains a key driver of the profitability of property/casualty insurance, although economic uncertainty may lead to some short-to-medium-term turbulence for insurers, according to a recent AM Best report. With a combined ratio of 88.8 in 2024, the lowest among the major P&C lines of business, U.S. workers’ compensation […]
HSB to protect small businesses with new cyber insurance & incident response solution
HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Despite a rise in cyber security awareness among businesses, a recent HSB survey revealed significant preparedness […]
HDI Global deploys advanced digital tool to transform nat cat risk analysis
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 […]
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 […]









