Kenneth Araullo

Philippines

News Editor at Insurance Business America

News Editor at Key Media

News Editor at Insurance Business Mag

Articles

Workplace injury costs climb despite decline in claims - Travelers

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Workers Comp By Jun 04, 2025 Share The Travelers Companies has released its 2025 Injury Impact Report, analyzing workers compensation claims filed over the past decade. Drawing from more than 2.6 million claims, the report compares data from the five years before the COVID-19 pandemic to the five years following, highlighting shifting trends in workplace injury frequency and associated costs.
P&C market faces shifts amid high catastrophe losses in 2025 - USI

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Property By Jun 04, 2025 Share The commercial property and casualty (P&C) insurance market is continuing to adjust following a series of significant natural catastrophes in early 2025. According to USI Insurance Services’ 2025 Commercial Property & Casualty Mid-Year Addendum, global insured catastrophe losses reached an estimated $50 billion in the first quarter, placing it among the highest first-quarter losses recorded.
CAA and Securian Canada partnership surpasses sales targets in first year

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Life & Health By Jun 04, 2025 Share More than a year since its partnership with Securian Canada, the Canadian Automobile Association (CAA) said their collaboration has surpassed sales targets by 133%, far exceeding expectations. Launched in January 2024, the initiative introduced a fully digital suite of life, health, and dental insurance products to CAA’s seven-million-strong membership base.
Skyward Specialty enters aviation market with new underwriting unit

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Insurance News By Jun 04, 2025 Share Skyward Specialty Insurance Group announced its entry into the aviation insurance market through the launch of a dedicated aviation underwriting unit. The expansion follows the acquisition of the assets of Acceleration Aviation Underwriters and builds on a partnership between the two organizations that began last year.
Ethos Specialty expands transactional risk capacity with Starr partnership

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Insurance News By Jun 04, 2025 Share Ethos Specialty Insurance Services LP, a subsidiary of Bishop Street Underwriters, has expanded its North American transactional risk capacity through a new partnership with Starr Insurance Companies. The addition of Starr increases Ethos Specialty’s carrier panel, which already includes AXIS and Skyward Specialty, and brings the firm’s total capacity limits to $45 million in the United States and $25 million in Canada.
William Soares, Pierre Jal take top posts at Arch Reinsurance Group

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Reinsurance News By Jun 04, 2025 Share Arch Reinsurance Group announced a series of leadership changes, promoting William Soares (pictured above) to president of Arch Reinsurance Ltd. (Arch Re Ltd.), naming Pierre Jal as president of Arch Reinsurance Europe Underwriting dac (Arch Re Europe), and elevating David Seyller to chief underwriting officer of Arch Re Europe. The appointments are effective immediately.
Howden Re taps Rivonia Road Capital to expand insurance financing

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Reinsurance News By Jun 04, 2025 Share Howden Re has entered a strategic cooperation agreement with Rivonia Road Capital, a US-based credit investment manager. The partnership is aimed at offering financing solutions to insurance agents, brokers, and other industry participants, with a focus on sectors such as dental, Medicare Advantage, and supplemental health benefits.
Matthew Sheppard appointed deputy CUO at OdysseyRe's London branch

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Reinsurance News By Jun 04, 2025 Share Odyssey Reinsurance Company (OdysseyRe) has appointed Matthew Sheppard (pictured above) as deputy chief underwriting officer for the company's London branch. In his new position, Sheppard will work alongside chief underwriting officer Andre-Francois Rocque in managing OdysseyRe’s London Market reinsurance business. Sheppard has been with OdysseyRe since 2010 and has led the property treaty and retrocession unit since 2017.
Howden boosts European credit risk transfer with Granular Investments deal

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Insurance News By Jun 04, 2025 Share Howden has announced the acquisition of Granular Investments Limited and Granular Investments EU SAS, a move that expands its credit risk transfer capabilities across Europe and broadens its range of products for large financial institutions. Granular Investments, founded in 2019 by Giuliano Giovannetti and Richard Sullivan, operates as an intermediary and advisor specialising in credit risk transfer and capital relief.
UK motor and home insurance premiums decline sharply

3 days ago | insurancebusinessmag.com | Kenneth Araullo

Motor & Fleet By Jun 04, 2025 Share The latest General Insurance Price Index from Pearson Ham Group indicates that premiums for motor and home insurance continued to decline in May 2025, with the rate of reduction outpacing that recorded in April, reflecting further softening across the personal lines sector. Motor insurance premiums fell by -1.7% in May, a sharper decrease compared to April’s -0.8%.