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This Family Lost Their Home in the Texas Floods. Like Most Victims of Storm, They Didn’t Have Flood Insurance | News Channel 3-12

70% Center coverage: 10 sources

By Chris Isidore, CNN (CNN) — Crissy and Avi Eliashar bought their home in Jonestown, Texas, 13 years ago. They never had a problem with flooding until water washed away their home, car and all their possessions early Saturday morning. Avi, a security guard, was at work when the water rapidly filled their mobile home. That left Crissy, a school teacher, barely any time to escape with their three children – sons Beni, age 12; Dov, age 10; and 7-y…Floods · Jonestown See the Story

SageSure Closes $100 Million Catastrophe Bond with Auros

100% Right coverage: 1 sources

SageSure, a major managing general underwriter focused on catastrophe-exposed markets, and its partners Auros Reciprocal Insurance Exchange and Elevate Reciprocal Exchange have announced the closure of a $100 million Gateway Re Series 2025-3 catastrophe bond. The issuance was completed in nearly half the typical timeline. This transaction contributes to SageSure's position as the seventh largest catastrophe bond sponsor globally by total notiona…Louisiana · Louisiana See the Story

Flexible insurance key to navigating geopolitical and transport risks in Middle East: Aon

Businesses operating in the Middle East face a critical time, as rapidly evolving geopolitical and economic dynamics in the region demand an urgent evaluation of their risk strategies, Aon analysts have stated in a recent report. Businesses must therefore be prepared for rapid and extreme scenarios, which they can achieve through flexible insurance operational oversight and contingency planning to ensure resilience and real-time responsiveness, …Read Article

Arch Insurance North America names Jeff Kaufmann as EVP, Head of Marine

Arch Insurance North America has appointed Jeff Kaufmann to the newly created role of Executive Vice President (EVP), Head of Marine. He reports to Valerie Turpin, Chief Underwriting Officer, Property. In his new role, Kaufmann will be responsible for establishing Arch’s US Marine product offerings, building a strong, specialised underwriting team and growing the book of business. The new unit will include both Ocean Marine and Inland Marine pro…New York City · New York Read Article

Trinity Capital fuels INSHUR’s global expansion with $35m investment

Trinity Capital, an alternative asset manager, has committed $35 million in growth capital to INSHUR, a global provider of embedded insurance for the booming on-demand economy. This significant investment will accelerate INSHUR’s continued expansion across the US and bolster its technological advancements. INSHUR specialises in providing commercial insurance for on-demand mobility drivers, fleet operators, and delivery platforms across the mobil…Economy · United States See the Story

Conning: U.S. MGA Premiums Climb 16% to $114 Billion in 2024

100% Center coverage: 1 sources

Market Expansion Continues; Migrating Underwriting Talent from Carriers and Brokers, AI Adoption, E&S Premium Among Leading FactorsArtificial Intelligence · United States See the Story

Zurich Insurance names Jim Qin as CEO for Life and General Insurance in Hong Kong

Zurich Insurance, an insurer with a significant presence in Hong Kong, has named Jim Qin as CEO for its Life and General Insurance businesses in the region. In this expanded role, Qin will oversee both divisions, guiding Zurich’s growth and innovation in Hong Kong’s insurance market. Qin joined Zurich in 2019 as Chief Underwriting Officer for the Asia-Pacific region. He later served as CEO of General Insurance in Hong Kong, where he helped enhan…Hong Kong City · Hong Kong Read Article

2024 second consecutive year of 'very strong' P&C results for large global reinsurers: Fitch

According to a new peer group credit analysis, sustained underwriting results and investment income made 2024 the second consecutive year of “very strong” property and casualty (P&C) financial performance in a prolonged favourable market. The insurers in this peer group are some of the largest in the industry, including Hannover Re, Lloyd’s of London, Munich Re, PartnerRe, SCOR, and Swiss Re. According to Fitch’s analysis, the average reported r…Property · Los Angeles Read Article

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Top ReinsuranceNe.ws News

Texas county deflects mounting questions over actions before deadly flood

Trump signs major disaster declaration for Texas flooding response

Roamly Awarded Prestigious Lloyd's of London Coverholder Appointment

This Family Lost Their Home in the Texas Floods. Like Most Victims of Storm, They Didn’t Have Flood Insurance | News Channel 3-12

SageSure Closes $100 Million Catastrophe Bond with Auros

Flexible insurance key to navigating geopolitical and transport risks in Middle East: Aon

Arch Insurance North America names Jeff Kaufmann as EVP, Head of Marine

Trinity Capital fuels INSHUR’s global expansion with $35m investment

Conning: U.S. MGA Premiums Climb 16% to $114 Billion in 2024

Zurich Insurance names Jim Qin as CEO for Life and General Insurance in Hong Kong

2024 second consecutive year of 'very strong' P&C results for large global reinsurers: Fitch

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