Swiss Re appoints Aisyah Fuad as Market Head Southeast Asia (South)
.Global reinsurer Swiss Re has announced the appointment of Aisyah Fuad as Market Head Southeast Asia (South), effective 1 January 2025. Fuad joined Swiss Re in 2011 as an Associate…
Samsung Fire & Marine lead aviation insurer of Jeju Air crash, AXA XL said to be main reinsurer
A statement from Jeju Air has revealed that Samsung Fire & Marine Insurance was the lead aviation insurer, while AXA XL served as the primary reinsurance provider for the plane…
EigenRisk names Rebecca Morris as Vice President of Customer Success
EigenRisk, Inc., a provider of catastrophe risk management solutions, has appointed Rebecca Morris as Vice President of Customer Success. Headquartered in Minneapolis, EigenRisk specialises in delivering cloud-based tools for managing…
Private insurers uniquely positioned to close US flood coverage gap: Neptune Flood
In a new report analysing the U.S. residential flood insurance market, Neptune Flood has underlined the critical role private insurers can play in addressing the nation’s growing flood coverage gap.…
Enstar completes $75m legacy reinsurance agreement with James River
The previously announced $75 million adverse development cover (ADC) reinsurance agreement between a wholly owned subsidiary of legacy player Enstar Group and certain subsidiaries of Bermuda-domiciled insurance holding company, James…
Chesnara acquires portfolio with £1.5bn AUM from Canada Life UK
Chesnara, the European life and pensions consolidator, has acquired a closed portfolio of unit linked bonds and legacy pension business of approximately 17,000 policies and £1.5 billion in total assets…
10-year Bund yield could rise 130 basis points by 2027 amid increased public spending, reports Swiss Re
Loïc Lanci, Arnaud Vanolli, and Gioele Giussani, economists at Swiss Re Institute, a leading global reinsurer known for its expertise in risk management and insurance solutions, discuss the potential disruption…
Alta Signa Europe promotes Vasileios Stasa to Junior Underwriter in Cyber division
Alta Signa Europe B.V., a European boutique Managing General Agent (MGA), has recently announced the promotion of Vasileios Stasa to Junior Underwriter within its Cyber division, effective immediately. Vasileios joined…
Denzel Washington gets minister’s license at Harlem church
Just shy of his 70th birthday, Denzel Washington has a new line to add to an already impressive résumé.
South Korean researchers develop wearable robot that helps people with disabilities walk
A robotic exosuit may seem like science fiction, but a team of South Korean researchers is turning the concept into reality. CBS News' Leah Mishkin explains how the new tech…