P&C Insurance

Allianz Commercial has announced the appointment of Lara Martiner as Global Head of Alternative Risk Transfer at Allianz Global Corporate & Specialty SE (AGCS), effective April 1, 2025. succeeding Grant Maxwell. Maxwell is leaving the German insurer at the end of June, and will maintain her current role as CEO of AGCS subsidiary Allianz Risk […]

The International Underwriting Association (IUA), which represents companies in the London insurance market, has announced the appointment of Chris Jones as its new Chief Executive, effective May 1st, 2025. Jones succeeds Dave Matcham, who is retiring after a 45-year career in the London Market, including 20 years as IUA Chief Executive. The appointment was confirmed […]

Elementum, an alternative investment manager specialising in collateralised natural catastrophe reinsurance investments, has appointed Jeff Davis as Chief Investment Officer (CIO), Catastrophe Bonds and Paul Barker as CIO of Private ILS. The firm states that this transition acknowledges Davis and Barker’s success in leading their respective teams and developing investment strategies for Elementum’s clients. The […]

Canopius Group, a global specialty and P&C insurer and reinsurer, has announced the appointment of Candace Steele as Group Risk Director, tasked with coordinating the company’s risk framework. She will lead the Group Risk function and work in collaboration with the Business Unit CROs to enrich Canopius’ global approach to risk. The executive joined Canopius […]

California Insurance Commissioner Ricardo Lara has conditionally approved State Farm’s request for an emergency interim rate increase following recent destructive wildfires in Los Angeles, provided the company can substantiate the need with data during a public hearing set for April 8, 2025. State Farm submitted its request in a letter to Commissioner Lara on March […]

The public needs greater certainty regarding insurance availability, and that begins with regulation that supports an adequate price for the risk, says Evan G. Greenberg, Chairman and CEO of Chubb Group, in his recent Letter to Shareholders. Growing natural catastrophe risks are a persistent problem for society. Greenberg noted that both large and small weather […]

MGT Insurance, the first AI-driven neo-insurer dedicated to transforming commercial property and casualty (P&C) insurance for brokers and small business owners, has announced two key leadership appointments: Joe Barneson as Head of Engineering and Eric Bloedorn as Head of Data & Technical Product. Barneson, an accomplished engineering and product executive with over 15 years of […]

Reask, a climate and catastrophe risk assessor, has successfully completed a $4 million funding round, led by the InsuResilience Investment Fund Private Equity II (IIF II), managed by BlueOrchard Finance Ltd. Reask specialises in delivering precise, event-driven data on tropical cyclones, with plans to expand into other perils. Its proprietary datasets are grounded in dynamic […]

Global reinsurer Swiss Re has nominated Morten Hübbe and George Quinn for election as new, non-executive and independent members of the Board for a one-year term, ahead of its annual general meeting (AGM) 2025. Additionally, Swiss Re has confirmed that Philip Ryan and Sir Paul Tucker will not stand for re-election at the AGM. The […]

Hamilton Global Specialty, an underwriting platform of Bermuda-domiciled Hamilton Insurance Group, has promoted Sinead Cormican to Active Underwriter of Syndicate 4000, reporting to Miles Osorio, who will continue in his role as Chief Underwriting Officer, Hamilton Global Specialty. At the same time, Sukh Chana and Mark Johnson have been named joint Deputy Active Underwriters. Chana […]