Asset‑backed securities: a growing opportunity for investors
Discover how forthcoming Solvency II reforms are set to reshape the investment case for asset-backed securities, creating new opportunities for insurers.
Aon reshapes regional leadership team with senior appointments across EMEA and LatAm
Aon, the global professional services company focused on risk, health and wealth solutions, has announced a series of leadership changes affecting its EMEA and Latin America (LatAm) operations, including the appointments of Kai-Frank Buechter and Tracy-Lee Kus as co-CEOs for…
US personal motor and home insurance rate changes ease towards pre-pandemic patterns in 2025: AM Best
AM Best, the credit rating agency, has reported that average annual rate increases for US private passenger motor and homeowners insurance in 2025 have moved closer to levels seen before the pandemic period. The company notes that this follows several…
Nexus Underwriting appoints Chris Bailey as Head of Regional Underwriting Development, Financial Lines
Nexus Underwriting Limitedm, part of Arrowhead Intermediaries, has confirmed the appointment of Chris Bailey as Head of Regional Underwriting Development – Financial Lines. The company said the appointment forms part of its ongoing strengthening of its financial lines capability. Bailey…
DUAL UK secures AXA capacity to support renewable energy product
DUAL UK, the underwriting arm of Howden Group Holdings, has announced a new capacity agreement with French insurer AXA to support its Natural Resources product. Align with Net Zero objectives, this product focuses on renewable energy technologies, including solar, wind…
Zurich Insurance scales Cytora AI platform across global underwriting operations
Zurich Insurance, a multinational insurance provider offering commercial and retail cover, has completed a 90-day rollout of Cytora’s agentic AI-enabled risk digitisation platform across five countries. Cytora, an insurtech firm focused on AI-based risk processing, is now set to be…
Higher rates and competition create ‘compelling opportunities’ in PRT, says Lloyds Banking’s de Monte
Christian de Monte, Head of Insurance and Group Subsidiaries at Lloyds Banking Group, has suggested that higher interest rates, strong insurer capitalisation and growing market competition are supporting a robust pension risk transfer (PRT) pipeline, and creating compelling opportunities for…
Markel and Willis launch ‘market-first’ dedicated nuclear insurance facility
Markel International, a division of Markel Insurance, the insurance operations within Markel Group Inc., and broker Willis, have launched a dedicated nuclear insurance facility described as a “market-first” initiative. The facility is designed to provide expanded, comprehensive underwriting capacity for…
FurtherAI names Tom Bradley to lead UK and EU operations
FurtherAI, an artificial intelligence (AI) startup for insurance, has appointed Tom Bradley to lead its operations in the United Kingdom (UK) and the European Union (EU). The move marks a significant step in the firm’s international expansion. FurtherAI already works…
Laurent Richème to succeed Juergen Cherreck as Global CUO, Property at AXA XL
Global insurer AXA’s property, casualty and specialty risk division, AXA XL, has appointed Laurent Richème to succeed Juergen Cherreck as Global Chief Underwriting Officer (CUO), Property. Cherreck, who has held his current role at the firm since October 2020, is…