Worldwide Broker Network (WBN) has appointed Mr Gurpal Singh Dhingra of Prudent Insurance Brokers as Chairman of its Board.
Markel has appointed Ms Charlotte Major as Senior Claims Adjuster for Professional Indemnity (PI).
MS Amlin has appointed Ms Sarah Wilson as Head of Outwards Reinsurance. Prior to her promotion, she was Co-Lead of the Outwards Reinsurance function at the company.
Global credit rating agency AM Best has revised its outlook for the global reinsurance segment to 'Stable' from 'Positive', citing an acceleration of reductions in property reinsurance pricing and continuing challenges in the US casualty space as being among its key considerations.
Economic losses from natural disasters in APAC last year totalled at least $76bn, which is 41% below the 21st-century average, according to a new report by Aon.
Degrading ecosystems are increasing climate-related risks and coupled with nature loss and climate change are contributing to rising uninsured losses across advanced economies according to a new report.
Two major French (re) insurance groups, SCOR and AXA, have launched a new Lloyd's of London consortium dedicated to advancing ecological restoration. The consortium aims to unlock financing for ecological restoration projects by de-risking the associated investment opportunities.
Sedgwick has launched its Global Specialty platform, a forward-looking and dedicated solution designed to handle the largest and most complex losses.
A new report has said that without action, global warming is now likely to reach 2°C before 2050. This is a level associated with catastrophic impacts on societies and economies worldwide, with major disruption to water and food systems, migration, and human health.