News
Peter Stubbings joins Miller Bermuda as Chairman to drive reinsurance and retrocession growth
2+ hour, 33+ min ago (308+ words) 9th June 2026 - Author: Kane Wells - Independent specialist (re)insurance broker Miller has appointed Peter Stubbings as Chairman of Miller Bermuda, where he will support the continued growth of the firm's reinsurance and retrocession offering in the Bermuda market as it further…...
Property Guardian and Eigen Risk launch integrated Wildfire Risk Intelligence for underwriters
3+ hour, 37+ min ago (183+ words) 9th June 2026 - Author: Taylor Mixides - Property Guardian, a wildfire risk intelligence company serving the insurance industry, has entered into a new channel partnership with Eigen Risk, a provider of real-time catastrophe and climate risk analytics. Property Guardian states that wildfire risk…...
Shrinking underwriting margins threaten US D&O liability space despite profitability: AM Best
18+ hour, 37+ min ago (380+ words) 8th June 2026 - Author: Kassandra Jimenez-Sanchez - While US Director & Officers" (D&O) liability insurance remains profitable, premiums declined for a fourth straight year in 2025, reflecting heightened competition in the segment as warning signs loom over commercial line"s underwriting performance, according to a…...
Niyam Group adds Probitas 1492's CEO Bathia as Non-Executive Director
23+ hour, 7+ min ago (350+ words) 8th June 2026 - Author: Saumya Jain - Niyam Group, an Indian-focused reinsurance platform, has appointed Ash Bathia to its Board of Directors as a Non-Executive Director. Bathia is an industry veteran with nearly 50 years of experience, having started his career as a Casualty…...
DARAG completes portfolio transfer agreement with Ambra Versicherung AG
22+ hour, 46+ min ago (168+ words) 8th June 2026 - Author: Beth Musselwhite - Legacy acquirer DARAG Group has announced the completion of a portfolio transfer agreement of a worldwide reinsurance book. The portfolio transfer was completed in May 2026 following DARAG's acquisition of the entire portfolio from carrier Ambra Versicherung…...
CCRIF lifts coverage 9% to $1. 57bn for current policy year as membership expands
3+ day, 22+ hour ago (460+ words) 5th June 2026 - Author: Kane Wells - Ahead of the annual hurricane season, CCRIF SPC, formerly the Caribbean Catastrophe Risk Insurance Facility, said it has expanded coverage to $1. 57 billion for the current policy year, from $1. 44 billion a year earlier, driven by a 70% increase…...
Zurich expands its data centre insurance to five new countries
4+ day, 1+ hour ago (236+ words) 5th June 2026 - Author: Saumya Jain - Large primary carrier Zurich Insurance Group has expanded the availability of Data Centre Project Guard, a comprehensive insurance and risk management solution for large-scale construction projects, to meet growing global customer demand for coordinated protection. Following…...
3 IF Ventures secures $12m first close for Africa-focused inclusive insurance fund
3+ day, 23+ hour ago (293+ words) 5th June 2026 - Author: Taylor Mixides - 3 IF Ventures, an impact-focused venture capital firm investing in insurance technology businesses across Africa, has announced the first close of its Inclusive Insurance Investment Fund at USD 12 million. The fund, which is focused exclusively on Africa's…...
Honeycomb raises $40m in new funding round led by Zeev Ventures
4+ day, 2+ hour ago (235+ words) 5th June 2026 - Author: Kane Wells - Honeycomb Insurance, a digital insurer specialising in apartment buildings and condo associations, has raised an additional $40 million in a new funding round led by Zeev Ventures. The round also drew participation from existing investor Ibex Investors,…...
Renewal rates down across most commercial lines month over month in May: Ivans
4+ day, 3+ hour ago (146+ words) 5th June 2026 - Author: Beth Musselwhite - Ivans, a division of Applied Systems, has released the May 2026 results of the Ivans Index, showing that average premium renewal rates across nearly all major commercial lines of business declined month over month, except Property and…...