CelsiusPro Group is strengthening its Climate Resilience Solutions offerings with the addition of a highly experienced Disaster Risk Finance (DRF) team. Joining Global Parametrics, a CelsiusPro Group company since September 2023, the team brings extensive project management and consulting experience from their previous roles at the WTW Climate and Resilience Hub, specifically targeting public sector, […]
Overseas financial markets plummeted Monday and U.S. stock futures fell again in reaction to the Trump administration’s latest tariff salvos.
Specialty insurer Beazley has promoted Sydonie Williams to Head of International Cyber Risks. Williams will assume the role immediately, having previously held the position of Focus Group Leader, RoW, Cyber Risks. Beazley highlighted that since joining the firm in 2019, Williams has exhibited outstanding leadership and deep expertise, playing a key role in numerous successes, […]
Alex Ovechkin made history when he scored against the New York Islanders on a power play in the second period.
The European Commission has approved, under EU State aid rules, a €1.5 billion (PLN 6.4 billion) Polish scheme to provide State-supported reinsurance of insurance for transport on the territory of Ukraine. Poland, through its public export credit agency (KUKE), will offer reinsurance to cover war-related risks, such as damage from military operations, sabotage, terrorism, uprisings, […]
Opening statements in Lori Vallow Daybell’s trial in Arizona are set to start Monday. She is charged in the death of her fourth husband, Charles Vallow.
The reinsurance arm of Vienna Insurance Group, VIG Re, has reported preliminary, unaudited full-year 2024 gross written premiums (GWP) growth of 9.2% to €983.3 million, driven by its third-party reinsurance and VIG business segments. The reinsurer has delivered solid financial results despite above-average catastrophe losses, including the European floods in VIG Re’s core territory. Profit […]
Growth in the insurance sector driven by generative artificial intelligence (gen AI) has the potential to inject up to £59 billion to the UK annual Gross Domestic Product (GDP) by 2038, according to a recent report by Accenture. According to the “Generating Growth: How Generative AI can power the UK’s reinvention” report, the banking, capital […]
Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC), a registered investment adviser and subsidiary of global reinsurer Swiss Re, will become co-investment manager of GAM’s insurance-linked securities (ILS) fund range, including the GAM Star Cat Bond UCITS Fund, effective May 7th, 2025. As of March 31st, 2025, Swiss Re manages around $5 billion in ILS assets […]
Hosted by Jane Pauley. In our cover story, Sen. Bernie Sanders talks with Robert Costa about the dangers he says President Trump and Elon Musk pose for America’s democracy. Also: Kelefa Sanneh interviews chef and World Central Kitchen founder José Andrés; Seth Doane profiles actor Rami Malek, starring in the new film “The Amateur”; Tracy […]
