The Fidelis Partnership (TFP) has promoted Mr Billy Ayres to head of crisis management. In his new role, he will be responsible for oversight of both the terrorism and contingency teams, leveraging his deep expertise in specialty insurance markets to further strengthen client offerings in this space.
During the first half of 2025 ransomware was the biggest loss driver, accounting for 60% of the value of large cyber claims over EUR1mn according to a recent analysis by Allianz Commercial.
Specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), Pine Walk Capital, has announced the launch of Corsiam Specialty, a new accident and health (A&H) MGA.
According to an annual survey of reinsurance buyers by Moody's Ratings, about 75% of the respondents expect further declines in property reinsurance rates in 2026. The survey found that less than 5% predict prices to remain stable and around 20% expect the prices to increase.
The latest, 2025 Security Operations Report by the cyber security company Arctic Wolf analyses more than 330tn security observations and details how adversaries are accelerating their tactics, exploiting identity and timing to bypass defenses.
A legal notice filed by Community Reinsurance Corporation has announced a proposed business transfer in the UK reinsurance sector.
Global businesses are seeing the effects of increasingly frequent extreme weather, but many are missing opportunities to fully protect against it, according to a new report by commercial property insurer FM.
A new study paper CLIMATE CHANGE X CYBER: An Intertwining Risk by Guy Carpenter says climate change and cybersecurity individually are well-known global risks, but the potential intersection of these perils represents an emerging threat that must be understood and taken into consideration by organizations in their long-term business plan and risk management strategy.
The world's water resources face growing pressure from climate change while emergencies involving the life-giving resource are increasingly impacting lives and livelihoods according to the UN World Meteorological Organization (WMO).
Complicated access to healthcare and a lack of guidance are keeping the Asian patients from receiving the care they need, when they need it according to a new research study.