SiriusPoint has entered a strategic partnership with Balance Partners, a North American managing general underwriter, to provide capacity for Balance Partners’ new Excess Construction Liability program, Vertical, which underwrites lead and following excess layers of up to $5 million. The new program, led by John LoPorto, Head of Vertical at Balance Partners’ New York Excess…
Veteran insurance and reinsurance executive Simone Camilla Oliveira has launched Uplift Strategy Consulting, a London-based boutique advisory firm that aims to drive transformations for re/insurers. Uplift Strategy Consulting helps its clients transform complex business transitions, such as M&A due diligence and integration, operational restructuring, and international market expansion, into sustainable competitive advantages. Leveraging Oliveira’s extensive…
Bermuda-based global specialty insurer Ascot Group has announced the appointment of Edel Chatterton as Chief Financial Officer, Ascot U.K. and Ascot Underwriting Limited (AUL). In this role, Chatterton will oversee Ascot U.K.’s finance organisation and capital strategy, including financial planning and analysis, tax, and treasury functions. She brings 20 years of industry experience, having held…
A Michigan resident died of rabies after an organ transplant in Ohio, health officials say.
AM Specialty Insurance Company (ASIC), a provider of specialised insurance products, has appointed Stefanie Milch as its new Head of Claims. The firm stated that this appointment underscores its commitment to providing innovative risk solutions supported by a client-focused claims operation. In the new role, she will oversee AM Specialty’s claims operations, including the development…
Lindsey Reiser reports on newly released texts surrounding military plans in a leaked government group chat, the Supreme Court’s ruling on ghost guns, and how Baltimore is recovering one year after the deadly Francis Scott Key Bridge collapse.
Atlantic publishes more texts from Trump officials; These presidents hated their officials portraits
The three women from Massachusetts who were on vacation in Belize died of carbon monoxide poisoning, officials confirmed Wednesday.
Goldman Sachs Asset Management, an investment firm managing assets across diverse sectors, has released its 14th Annual Global Insurance Survey, offering insight into how insurers are adjusting their investment strategies in response to evolving economic challenges. With inflation concerns intensifying, 52% of insurers now identify it as the most significant macroeconomic risk to their portfolios—an…
Howden has announced the launch of Howden Re Taiwan, appointing Jimmy Tsai to lead the office as Managing Director. Tsai, who will join Howden in June this year, has over 15 years of experience in the Taiwanese and Asian reinsurance market. He began his career as a Special Assistant to the President of Taian Insurance…