US SCS loss surge largely driven by non-hazard factors, not just climate: Gallagher Re’s Bowen
Gallagher Re’s Chief Science Officer, Steve Bowen, has noted that while weather and climate factors are certainly part of the story behind the increase in US severe convective storm (SCS) loss costs, most of the rise can be explicitly tied…
SterlingRisk promotes Waterman as Deputy CEO & Beres to COO
Brokerage SterlingRisk has promoted Marci Waterman to Deputy Chief Executive Officer (CEO) and John S. Beres to Chief Operating Officer (COO), effective immediately. In her new role, Waterman will translate strategic vision into disciplined execution and further strengthen the firm’s…
Lloyd’s shifts to more competitive, capital-driven market, says Howden Re
Howden Re, the reinsurance broker, has published a new syndicate analysis of the Lloyd’s of London market, pointing to a transition toward a more competitive and capital-rich environment where underwriting discipline and capital deployment are becoming the key drivers of…
Fuse launches live peril dashboard for commercial insurance
Fuse International, the AI-powered commercial insurance intelligence platform, has announced the general availability of Watch, a new product that plots every active US peril on a single live map, purpose-built for commercial insurance brokers and underwriters. According to Fuse, watch…
ADNIC secures regulatory approval to establish branch in India’s GIFT-City
United Arab Emirates-based Abu Dhabi National Insurance Company (ADNIC), a multiline regional insurance provider, has received the license to undertake reinsurance business from GIFT City, India’s first International Financial Services Centre (IFSC) in Gujarat, effective April 1st, 2026. ADNIC Group…
ReSource Pro appoints Michael Costonis President of Insurance Solutions
ReSource Pro, a strategic operations partner serving the insurance industry, has named Michael Costonis as President of Insurance Business Services, appointed to lead the agentic process management era in insurance. He brings a wealth of experience to his new position,…
Insured losses from extreme weather jump 727% to AUD 4.8bn in 2025: ICA
The latest analysis by the Insurance Council of Australia (ICA) has disclosed that extreme weather increased insured losses by 727% in 2025 to AUD 4.8 billion as claim numbers climbed to 294,000, of which over AUD 4.1 billion came from…
Mary Driscoll joins ASR as Southern Africa Regional Lead
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has announced the appointment of Mary Driscoll as Southern Africa Regional Lead. Based in Johannesburg, Driscoll will be instrumental in strengthening and integrating ASR’s direct Lloyd’s syndicate presence in South Africa, working…
MS Amlin launches new sub-syndicate to help expand Portfolio Solutions division
Lloyd’s global specialist re/insurer MS Amlin has launched a new sub-syndicate, s1673, to target growth opportunities and provide greater flexibility and capacity for brokers. Named after the year the Mitsui enterprise was founded in Tokyo, MS Amlin explained that s1673…
Swiss Re names Ziswiler as Head P&C Re Southeast Asia, India, Hong Kong, Taiwan and Korea
Industry giant Swiss Re has appointed Anna Ziswiler as the Head of Property and Casualty (P&C) Reinsurance for Southeast Asia, India, Hong Kong, Taiwan and Korea, effective May 1st, 2026. In her new role, Ziswiler will be based in Singapore…