“With Velocity Clearing’s robust platform and expertise, this acquisition will serve as a springboard for enhancing the global capabilities of South Korea’s leading insurance company. Together with the Velocity Clearing […]
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What are the key trends in cyber insurance heading into 2025?
Tasked with navigating an ever-evolving risk environment, the cyber insurance market has distinguished itself by its ability to pivot at speed, alongside its early adoption of proactive products and solutions. […]
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Aon drives global data and analytics transformation with new appointment
Aon’s new global chief data and analytics officer In his new position, Roe will lead efforts to integrate artificial intelligence, data strategy, and governance into the company’s analytics platform. He […]
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Aerospace meets insurance: How satellite data is reshaping wildfire risk models
“We take all of this remote sensing—satellite, drone, aerial point sources, and all of the in-betweens,” Notohamiprodjo said. “We put it into our proprietary ensemble, and that is what allows […]
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Report reveals a major ransomware entry point for cyberattacks
More than 50 active groups preyed on businesses in the past quarter
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A-G Specialty Insurance acquires Gallagher’s First Agency TPA
By integrating the operations of First Agency and Bollinger TPA, the company said that it aims to provide a comprehensive suite of insurance solutions for educational institutions, students, and student-athletes […]
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What are the primary risk concerns across the insurance industry?
The survey, which examines risks in five categories – insurance risks, market dynamics, natural disasters, emerging technologies, and property and casualty (P&C) insurance costs – gathered insights from five market […]
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ReFlex Solutions CEO on the right approach to growth
In conversation with Re-Insurance Business, Ching, who is CEO of the Bermuda-based reinsurance brokerage ReFlex Solutions, reflected on the relative stability of today’s reinsurance marketplace, as key players acknowledge the […]
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Lockton Re and Verisk partner for crop re/insurance solutions
Verisk’s US Crop Hail Model simulates hailstorms using a 10,000-year stochastic event catalog. The models incorporate variables such as crop genetics, yields, prices, weather patterns, exposure, policy terms, and management […]
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Global reinsurance thrives despite catastrophe losses – AM Best
Improved underwriting and rising rates help reinsurers weather hurricanes and economic shifts
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