Saumya Jain

2 days ago | reinsurancene.ws | Saumya Jain

Property and Casulty insurer Skyward Specialty Insurance Group Inc. has appointed Corey LaFlamme as President, Captives & Specialty Programs, as Kirby Hill becomes Chairman of the segment,The appointment of LaFlamme aligns with the company’s strategic plans to grow in one of the fastest-expanding areas of the market. LaFlamme has over two decades of industry experience, most recently serving as the Head of Programs at The Hartford.

2 days ago | reinsurancene.ws | Saumya Jain

Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited has completed an insurance business transfer of a portfolio of European casualty and motor liabilities from Ethias S.A. (Ethias). The transfer follows a prior Ethias Loss Portfolio Transfer (LPT), which took place in 2023, covering approximately €140 million of reserves across the European Union. The current transfer has received all necessary approvals by regulators in Belgium, France, the Netherlands, Germany, and Finland.

2 days ago | reinsurancene.ws | Saumya Jain

Willis, a WTW business, has appointed Brian Vosloh as Head of Cyber for the Europe, the Middle East and Africa (EMEA) region. The broker continues to invest in cyber as it rises to one of the top risks facing businesses. The appointment strengthens the firm’s ability to help clients effectively manage and mitigate cyber risk across their portfolios. In the new role, Vosloh will be based in Barcelona and will help drive Willis FINEX Cyber Specialty business across EMEA.

2 days ago | reinsurancene.ws | Saumya Jain

Bermuda-domiciled global specialty re/insurer Ascot Group has priced the offering of $350 million aggregate principal amount of 6.349% fixed-rate reset senior notes due in 2035, as the carrier looks to be more financially flexible. The senior notes have a 10-year maturity and are rated investment grade, including BBB- by S&P Global Ratings, BBB+ by Fitch Ratings, and bbb+ by AM Best. The re/insurer intends to use the net proceeds for general corporate purposes.

3 days ago | reinsurancene.ws | Saumya Jain

DUAL’s Climate Risk & Resilience team has launched two new products, designed to provide insurance to owners and investors to protect the value of their assets and unlock finance during the transition to a sustainable economy. Both DUAL Energy Efficiency Retrofit (EER) insurance and DUAL Environmental Investment Protection (EIP) insurance have been launched by the firm.