In today's volatile market, commercial property owners face numerous challenges in securing comprehensive insurance coverage. Escalating property values, tighter insurance markets, and the pervasive effects of climate change have made it increasingly difficult to protect financial stability. With
Stone Ridge Asset Management, a New York-based alternative risk premia investment manager, has garnered significant attention for its exceptional performance and innovative approaches in the reinsurance and insurance-linked securities (ILS) markets. Under the leadership of CEO Ross Stevens, the
Saudi Re's recent announcement of a reinsurance contract with Walaa Cooperative Insurance Company marks a significant milestone in the Saudi insurance industry. This deal, centered around the Surety Insurance Bonds Coinsurance Program, is poised to provide financial guarantees ensuring that
On January 1, 2025, Aon, a prominent global insurance and reinsurance broking group, successfully completed the acquisition of Griffiths & Armour, a distinguished UK insurance broker. This strategic move aims to broaden Aon's regional footprint in the UK and Ireland, allowing both entities to
The insurance industry is witnessing a wave of strategic appointments aimed at bolstering leadership teams and driving growth in specialized sectors. Recent high-profile appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller highlight this trend. These moves are not
The commercial insurance market in the United States has been experiencing a steady increase in rates, a trend that has persisted since the end of the COVID-19 pandemic. According to Willis Towers Watson's (WTW) Commercial Lines Insurance Pricing Survey (CLIPS), the overall average price increase
