Michelle Aliperti joins AXA XL to boost SME cyber insurance capabilities

Sovereign funds rally to calm volatile equities Source link

New product offerings Starwind Environmental, led by Program President Mike Padula, will provide coverage for a range of environmental exposures. The program is intended for contractors, property owners, and environmental service providers. Available products include Contractors Pollution Liability (CPL), Contractors Pollution and Professional Liability (CPPL), Site Pollution Liability (SPL), Transportation Pollution Liability (TPL), and Environmental…

Manulife segments in Q1 2025 Asia core earnings rose 7%, supported by higher business volumes, improved new business impact, and favorable claims experience, though partially offset by strengthened ECL provisions. Global WAM posted a 24% increase in core earnings, driven by higher net fee income, favorable market conditions, performance fees, and expense discipline. Source link

Talanx performance across divisions In the reinsurance division, insurance revenue increased 5% to €7.0 billion. However, the insurance service result declined to €515 million from €720 million, driven by the California wildfires. The investment result before currency effects in reinsurance saw a modest increase to €252 million. Operating profit for the division was €702 million,…

Tech predicted to boost efficiency, growth, and talent retention Source link

The senator argued that a moratorium would bring all stakeholders to the table to develop a model for addressing LTC insurance issues, which extend beyond Connecticut. The industry has faced significant challenges due to underwriting miscalculations in the 1990s and 2000s, rising medical costs, an aging population, and longer lifespans, according to state and federal…