ICEYE to add wind risks to flood and wildfire focus; satellite constellation reaches 40
Synthetic-aperture radar satellites complements other technologies used to assess natural catastrophe damage, and ICEYE plans to use its growing satellite constellation to prevent flood damage when possible, as well as detect it.
Latest updates
Gallagher appoints crisis management, financial lines CEOs
Paul Bassett and Simon Brookes become CEOs of their product segments in a reshuffle at the intermediary’s Gallagher Specialty arm.
Climate, technology and geopolitics lead 2025 risks – Beazley CEO
Three overarching key risk areas emerged from Beazley’s ‘Risk & Resilience Predictions for 2025’, the re/insurer’s CEO, Adrian Cox revealed.
Geneva Association releases cyber risk transfer progress report
A new paper from the industry body provides analysis about the challenges facing the cyber re/insurance market, through traditional underwriting and alternative risk transfer.
Howden Asia to appoint new CEO and chairman in 2025
Joining from Marsh McLennan, Rohan Bhappu will first serve as deputy CEO of Howden Asia, then becoming its CEO later next year, at which point current CEO Chye Huat Goh, becomes chairman of the broker’s Asia Pacific arm.
M&A claims surge and W&I market grows to record levels – HWF study
The use of warranty & indemnity insurance grew to record levels in the first half of 2024, according to a study by broker HWF Partners.
Mapfre Re turns to cat bond market for the first time for retro cover
Spanish reinsurer has structured retrocessional protection through a catastrophe bond for the first time, to transfer US wind risk.
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