P&C Insurance

Parametric insurtech CelsiusPro and Tower, a New Zealand and Pacific insurer, have successfully launched the previously announced IT platform for parametric insurance distribution for Tower, beginning with its Cyclone Response Cover in the Pacific Island countries of Fiji and Tonga. The product provides policyholders with rapid cash payouts when their home, business, or other insured […]

Berkshire Hathaway Specialty Insurance (BHSI), a division of Berkshire Hathaway, specialising in providing a range of insurance and reinsurance products, has announced the appointment of Andrew Knight as Country Manager, Amanda Sorsak as Head of Claims, and Paul Emerson as Head of Customer & Broker Engagement for its operations in Canada. “BHSI has achieved excellent […]

Juniper Re, LLC, the reinsurance broking arm of The Baldwin Group, has named Russ Wagner as Head of Facultative as it is set to enhance its ability to meet clients’ needs in the evolving market. In the role, Wagner will spearhead Juniper Re’s strategic entry into the facultative reinsurance space, marking a significant milestone for […]

Zurich Insurance Company has announced two key appointments to its Asia Pacific (APAC) Commercial Insurance business, with Robin Cooper-Driver as new Head of Financial Lines, Asia Pacific, and Edward Rayfield as Head of Casualty, Asia Pacific. Both will be based in Singapore and will report to Liam Burrell, CEO Singapore & Head of Commercial Insurance, […]

Despite noting the “almost limitless” potential of the cyber re/insurance market, SCOR’s CEO, Thierry Léger, has observed that it can only grow at the pace of capacity, meaning it will chiefly be an opportunity for the next few decades, rather than the next few years. Discussing cyber risk at the 66th Rendez-Vous de Septembre (RVS) […]

Social inflation has become the main growth driver of US liability claims, with a rising number of large court verdicts pushing claims in the US to increase by 57% in the past decade, ultimately causing them to peak at 7% in 2023, the first time seen in two decades, according to Swiss Re Institute. With […]

During Guy Carpenter’s virtual media briefing, the firm’s Global Co-Heads of Cyber discussed the growing demand for cyber reinsurance, which has been met with ample supply in the reinsurance markets. Erica Davis, Global Co-Head of Cyber at Guy Carpenter, commented on the changing appetite for cyber reinsurance: “We are finding our clients have an enhanced […]

John Neal, Chief Executive Officer (CEO) of the specialist Lloyd’s insurance and reinsurance marketplace, said earlier today that there’s no reason for price to significantly change, and that the market still sees the makings of a super cycle amid stable underwriting and capital conditions. After releasing an impressive set of results for the first half […]

Chubb has announced the appointment of Greg Giardiello as Global Controller, succeeding Mong-Diep “Dee” Le, who was recently named Chubb’s Chief Auditor. Based in Chubb’s Philadelphia office, Giardiello will be reporting to George Ohsiek, Vice President, Chubb Group and Chief Accounting Officer. “Adding outside skills and perspectives to the deep knowledge and expertise in corporate […]

Cyber risk solutions company Resilience, has announced the appointment of Rebecca Jones as Senior Vice President of Engineering and Jeremy Gittler as Global Head of Claims. “As we continue to invest in our business, we are thrilled to bring senior leaders of Jeremy’s and Rebecca’s caliber on board. They both bring deep experience and track […]