Hail shifts from secondary peril to major catastrophe loss driver: Cotality
A new report from Cotality warns that hailstorms can now produce insured losses...
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LIRG backs DLT Alert with $15m quota-share for parametric cyber warranties
Algorithmic Insurance Services, Inc., the wholesale broker trading as LIRG, has...
People Moves: Everest Appoints Busti From AXIS as Head of North America Treaty Re; AXA XL Taps Lockton’s Reynolds as Head of Marine, UK & Lloyd’s, Global CUO for Hull
This edition of International People Moves details appointments at Everest Group and AXA XL. A summary of these new hires follows here. Everest Appoints Busti From AXIS as Head of North America...
Delineation between UNL and parametric triggers fundamental to unlocking ILS growth: Augment Risk
As the insurance-linked securities (ILS) market continues to expand, Augment Risk is...
Hailstorms now rival Cat 4 hurricanes in financial losses: Cotality
Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed....
Iran Demands Crew, Cargo Details to Send Ships Through Hormuz
Vessels seeking to transit the Strait of Hormuz under Iranian protection are being asked to provide lists of crew and cargo, along with voyage details and bills of lading, in order to secure a green...
JBA launches enhanced global flood model featuring improved exposure disaggregation
Flood specialist JBA Risk Management has launched an enhanced version of its Global...
Low cat losses fuelled strong results for U.S. P&C insurers in 2025: Verisk & APCIA
Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of their strongest underwriting results in years in 2025, although the performance was largely driven by...
Olympus Insurance lowers price guidance again for debut Abacab Re catastrophe bond
Olympus Insurance Company, a Florida homeowners specialist, continues to seek between...
Tech Update: Renaissance Unveils AI Upgrade to Its Member Platform
Independent agency network Renaissance said it made a major enhancement to its member platform, calling it the industry’s only fully integrated, artificial intelligence-enabled ecosystem built...
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