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Revealed – the insurance Global 100 for 2025
Now in its sixth year, the Global 100 list aims to spotlight insurance professionals who have played key roles in business development, operational leadership, industry advocacy, and innovation. The individuals selected have been recognized for contributing to their organizations’ performance, advancing industry knowledge, or addressing systemic challenges in the insurance sector. Source link
Motion Specialty becomes Lloyd’s of London coverholder
Alpay and Kickham bring more than 25 years of experience in HVH, flood underwriting, and broader property catastrophe risks. Motion Specialty will draw on Inigo’s underwriting and modeling capabilities, while Johnson & Johnson will support regulatory, licensing, and operational needs. Source link
NY appellate court sides with warehouse owner in insurance dispute
Lok-N-Logs, Inc., which owns a warehouse in the Village of Sherburne, Chenango County, filed a claim with Leatherstocking Cooperative Insurance Company after copper and brass were stolen from the building’s electrical and plumbing systems during a break-in in April 2020. Leatherstocking denied the claim, invoking policy exclusions that bar coverage for vandalism when a property…
New York pushes transparency bill for scaffold liability insurance reporting
The bill would mandate that insurers disclose a breakdown of premiums collected specifically for Scaffold Law-related risks, as well as paid judgments, case reserves, incurred but not reported loss estimates, and defense expenses. Insurers would also be required to report on investment income derived from these premiums, salaries of their 20 highest-paid employees, and detailed…
Exporters rethink routes after tariff shock – Allianz Trade
“Companies are not standing still. Having navigated successive shocks since 2020, they are once again adapting, diversifying partners, reconfiguring logistics, and embedding risk-sharing across the value chain. In today’s trade environment, success depends increasingly on adaptability,” she said. Source link
RSA parent gets boost from personal lines
In the US, operating DPW declined 3%, mainly due to the non-renewal of a large account. The region’s combined ratio improved slightly to 86.8%, helped by rate momentum across most lines. In the UK and Ireland, operating DPW fell 4% as portfolio remediation efforts continued. The combined ratio in that segment rose to 97.6%, influenced…