Reinsurance at ‘critical inflection point’ as record capital tests underwriting discipline: AM Best
A new AM Best report has warned that the global reinsurance segment is at a “critical inflection point”, with strong earnings since 2023 pushing capital to record levels and intensifying competition, particularly in property, raising questions over whether underwriting discipline will hold or irrational competition will emerge, leading to another traditional soft market cycle. The…
Kingstone reports record net income of $15.5m in Q2’26
Kingstone has announced its financial results for the second quarter of 2026, reporting net income of $15.5 million, a record, and marking the “most profitable quarter in the company’s history,” according to the company’s President & CFO, Meryl Golden. Net premiums earned rose 30.8% as premiums from Kingstone’s reduced quota share continue to earn in,…
Accredited selects Hellenic Hull as first dedicated ocean marine MGA partner
Accredited Insurance (Europe) Limited (Accredited) and Hellenic Hull Management (HM Insurance Agencies) Ltd (Hellenic Hull) have entered into a delegated authority partnership covering Hull & Machinery, ancillary marine risks and Marine Cargo. Hellenic Hull is a marine insurance management company specialising in Hull & Machinery coverage for all types of vessels. The company has been…
Trump Furiously Backpedals On 1 Of His Central ‘Vandalism’ Claims
President Donald Trump on Sunday once again blamed vandalism for the botched renovation of the Lincoln Memorial Reflecting Pool – but also made a startling confession about the evidence. Or, rather, the lack of evidence. “There was substantial other damage to the Reflecting Pool, also but, unfortunately, there is no video or proof, other than…
REVO submits binding offer to acquire Eurocaution in planned Benelux expansion
REVO Insurance S.p.A., an Italian speciality non-life insurer, has announced the submission of a binding offer to acquire Luxembourg-based Eurocaution S.A. in a transaction valued at up to €22 million. Eurocaution specialises in insurance intermediation and surety underwriting, operating across Luxembourg and Belgium. REVO Insurance said the proposed acquisition is subject to the negotiation and…
DAC Beachcroft expands Cyber team with three new partners
International law firm DAC Beachcroft has bolstered its Cyber and Data Risk practice with the appointment of three specialist cyber partners: Richard Breavington, Rachel Ford, and Daniel Guilfoyle. The trio joins from RPC where they were partners in its Cyber & Technology Insurance team, led by Breavington. All three partners bring extensive experience of advising…
Starwind Specialty expands private client offering with new underwriting platform
Starwind Specialty, a North American programme management company and one of the region’s largest programme management operations, has introduced Starwind Private Client, a dedicated underwriting platform focused on the insurance needs of high-net-worth individuals and families undertaking complex residential property projects. The company said the new platform has been developed to provide specialist underwriting expertise,…
Markel Insurance names Nguyen as Managing Director, Specialty for London Market
Markel Insurance, the insurance operation within Markel Group Inc., has appointed Doan Nguyen as Managing Director of Specialty of London Market operation, effective immediately. Nguyen succeeds Tom Hillier, who was appointed Chief Underwriting Officer for Markel International earlier this year. She is based in London and reports to Rohan Davies, Managing Director of London Market,…
Common Habits That Shorten The Lifespan Of Your Refrigerator
Your fridge is the one appliance in your home that never gets a day off. It hums along 24 hours a day, holds your groceries at a safe temperature and just sits in the kitchen, which is probably why most of us never think about it until the milk goes warm. But the small things…
Therapists Explain Why The Spoiled Youngest Child Stereotype Is So Harmful
Ask people to describe the youngest child in a family and you’ll likely hear some version of the same story. They’re spoiled, carefree, the favourite, the fun one – the kid who got away with everything while the older siblings paved the way for them. It’s one of the most persistent ideas in pop psychology….
