IDF and AXA announce first close of Infrastructure Resilience Development Fund
AXA and the Insurance Development Forum (IDF) have announced the first close of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), a BlackRock subsidiary, the IRDF is built upon the Infrastructure Resilience Development Blueprint developed over…
Heimann to develop European MGA practice for Augment Risk
Augment Risk, a risk capital and reinsurance solutions broker, has appointed Magnus Heimann as Partner for MGA, effective immediately. He will develop the firm’s European MGA presence, partnering with coverholders, capacity providers, and reinsurers to deliver capital-aligned program solutions that…
mea Platform and Regenvita parter to drive AI adoption in Scandinavian insurance market
mea Platform, a company specialising in AI solutions for the insurance industry, and Regenvita Ltd, the advisory firm founded by Clint Sookermany, have entered into a strategic partnership to accelerate artificial intelligence (AI) adoption across the Scandinavian insurance market. As…
Ben Quah appointed CEO of Asian financial hub Labuan IBFC Inc.
Labuan IBFC Inc., an Asian financial hub known for its insurance, reinsurance, Islamic finance, and digital business solutions, has announced the appointment of Ben Quah as its new Chief Executive Officer (CEO). Quah brings over two decades of experience in…
Red Cross leads pilot of parametric flood insurance in Malawi
The Malawi Red Cross Society and the Danish Red Cross, in partnership with African Risk Capacity (ARC) Ltd., JBA Global Resilience, the InsuResilience Solutions Fund (ISF), and the Danish Ministry of Foreign Affairs, have piloted Malawi’s first parametric flood insurance….
AM Best revises outlook for US homeowners insurance to stable
Credit rating agency AM Best has revised the outlook for the US homeowners insurance segment to stable from negative, citing moderating premium growth and enhanced catastrophe risk management practices amid improved property reinsurance market dynamics. According to the Best’s Market…
Policy Landscape of Private Insurance Coverage of Contraception in the U.S.
This issue brief explains the rules for private insurance coverage of contraceptives at the federal and state level, the exemptions and accommodations available for certain employers, gaps in coverage for contraceptives obtained outside of the traditional clinical setting, and how…
Strategic CFO hire underpins next phase of growth
Carla Hammond has been appointed CFO for our Health & Employee Benefits operations, strengthening financial governance and supporting the next phase of growth.