Carrier hires Navigators’ Sternadori as head of US excess casualty

Third tally is higher than second estimate of C$411m

Former UIB and Marsh executive John Ball to lead new business targeting opportunities in property, marine, cyber and other specialty lines

Insurers expect to more than double AI-related technology budgets over next three years, survey finds

The most severe storms in the Caribbean are occurring at twice the rate of 10 years ago, new research finds

Collateralised reinsurer is expanding in Europe and Bermuda and opening a Caymans office

Hannover Re shares climb 4.1% and Swiss Re gains 3.7% as insurance and reinsurance stocks outperform

New practice will be led by Robbie Henderson

Hurricane landfall in Miami or Tampa Bay would generate largest single insured loss event ever

Rates now converging again at elevated levels, say market sources

Parametric underwriter expects increased demand for climate products in Europe and the US following this year’s heatwaves

Growing complexity of risk and challenging claims environment are key issues for Spain’s reinsurers to tackle

Gallagher sees ‘early signs of stabilisation’ in US D&O market as economic conditions and increased litigation drive demand for cover

The Golden State has large network of non-profits supporting resilience work, but insurers cannot always see these efforts

Lloyd's delegated authority specialist hires Gallagher Re executive as it continues US push

As the industry headed to Monaco, re/insurance stocks tumbled and underperformed the benchmark indices