Kassandra Jimenez-Sanchez

1 week ago | reinsurancene.ws | Kassandra Jimenez-Sanchez

Florida insurers regulators have approved Apex Star Reciprocal Exchange as the 12th insurer to enter the state since legislative reforms were passed in the last two years to stabilise the market. Apex Star Reciprocal Exchange is a property and casualty insurer part of Starlight Insurance Group, based in New Port Richey, Florida. The company has now been approved to provide fire, allied lines, homeowners multi-peril, commercial multi-peril, inland marine and other liability coverage in the state.

1 week ago | reinsurancene.ws | Kassandra Jimenez-Sanchez

Swiss Re’s shareholders approved all motions put forward by the Board of Directors at its Annual General Meeting (AGM) 2025, including the election of Morten Hübbe and George Quinn as new Board members and the distribution of an ordinary dividend of USD 7.35 per share. Hübbe and Quinn were nominated for election as new, non-executive and independent members of Swiss Re’s Board for a one-year term back in March, ahead of this year’s AGM.

1 week ago | reinsurancene.ws | Kassandra Jimenez-Sanchez

North American insurers’ robust capital and liquidity buffers will allow them to withstand the current market volatility, including tariff-related downturns, without an immediate impact to ratings or outlooks, S&P Global Ratings highlighted in a recent report. Global markets were significantly impacted by the US administration’s announcement of sweeping tariffs and the subsequent temporary pause of some of those actions on April 9.

1 week ago | reinsurancene.ws | Kassandra Jimenez-Sanchez

Berkshire Hathaway Specialty Insurance Company (BHSI), a division of Warren Buffett’s Berkshire Hathaway, has announced a number of leadership moves in its North America casualty business. Based in Chicago, Matt Hale will be overseeing BHSI’s regional casualty underwriting teams across the country as Head of U.S. Casualty Underwriting Operations. In this new role he will also work closely with Galan Riley, Head of Casualty, Canada, to coordinate BHSI’s North American casualty strategies.

1 week ago | reinsurancene.ws | Kassandra Jimenez-Sanchez

Markel, the insurance operations within Markel Group Inc., has announced the promotion of Matthew Brooke to Senior Underwriter, War and Terrorism, effective immediately. In his new role, Brooke will be responsible for driving the profitable expansion of the International War and Terrorism portfolio, by identifying gaps in political violence coverage and providing bespoke solutions to insureds, globally.