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Axa XL has promoted Paul Gardner to underwriting manager for political risk, credit and bond (PRCB) in Asia, according to a LinkedIn post by Todd Wilhelm, head of specialty for Asia. Based in Singapor
Insurance agency network SIAA reports it has acquired Canopy Specialty Insurance, a specialty commercial property/casualty managing general agent (MGA) with operations in the U.S. and U.K. The additio
Specialist Australian underwriting agency Castle Insurance has reached an agreement with international (re)insurer Canopius, with the support of its Lloyd's Syndicate 444, to replace QBE as its underw
PhiloSmith & Co., headquartered in Stamford, Connecticut, promoted Andrew Yazmer to partner and managing director. Yazmer joined PhiloSmith in 2019 after working as an actuary at John Hancock and
Jack Petrie has relocated from Melbourne to Bangkok to take up the role as cyber practice leader for Marsh Thailand, he said in a LinkedIn update. Petrie spent the last three years as managing princip
Meritz Fire & Marine Insurance is looking to sell its 51% stake in Meritz Korindo, its Indonesian joint venture with South Korean-Indonesian multinational firm Korindo Group, according to a report
Utilization growth is outrunning PBM discounts, and 2027 renewals are exposing the gap
A tropical system developing in the Bay of Campeche may reach the US Gulf Coast this weekend, threatening heavy rain while potentially skirting major oil and gas hubs. The swirl of showers and winds h
US Senators Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that
Starbucks has been sued by consumers who said the coffee chain falsely advertised eight protein beverages as “sugar-free” because they contain lactose, a naturally occurring sugar in milk.
Thousands of administrative systems at wind and solar power parks in Europe are exposed to the internet, potentially giving attackers access to interfaces that can stop turbines and raising the risk o
Bermudian reinsurer Prismic Life has agreed a US$5 billion asset-intensive reinsurance agreement with Prudential to reinsure the Hong Kong-listed life insurer’s Japanese whole-life policies. Prismic w
In 2018, local officials in Colorado sued oil companies in state court, charging that pollution from fossil fuels contributed to global warming and harmed Coloradans through extreme summer temperature
The JPMorgan chief's escalating warnings about Anthropic's Mythos haven't reached the cyber market's rate sheets, at least not yet
The Cost Plus Drugs co-founder is joining a state working group targeting PBM opacity and drug costs
Matt Lane has spent three years mapping every friction point in the broker workflow. What he found - and what he is building in response - goes well beyond a software upgrade
New limits on automated employment decisions are pushing vendor contracts, human oversight and potential exclusions higher up the underwriting agenda
A new water tower in Turkey: $3 million. Upgrades for a museum in Stamford: $400,000. A first responders appreciation barbecue in Medina County: $10,000. These are just some of the public investments
New York Governor Kathy Hochul declared a statewide disaster emergency on Monday over a measles outbreak, the first such declaration by a U.S. state since cases began surging in 2025. The state also e
Nearly 1.5 million policies affected – insurer’s actuaries wanted even more
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