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Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda
Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in close collaboration with leading RI brokers and …
POSTED OCTOBER 31, 2025 11:49 AM |
The Fidelis Partnership Launches 2nd Lloyd’s Syndicate, Backed by PE Firm Blackstone
The Fidelis Partnership (TFP) announced the launch of Syndicate 2126 in partnership with funds managed by Blackstone, the alternative asset manager and private equity company, following in-principle approval from Lloyd’s. The syndicate will write across a number of property, specialty …
POSTED OCTOBER 31, 2025 11:33 AM |
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica, causing …
POSTED OCTOBER 31, 2025 10:37 AM |
Satellite Data Reveals Hurricane Melissa Damage in Jamaica
As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and much of the Western part of the country. At least 40% of the buildings and roads in the worst-hit areas …
POSTED OCTOBER 31, 2025 10:26 AM |
Hot Weather Is Killing More Than Half a Million People a Year
Soaring temperatures are killing nearly 550,000 people around the world each year, part of a heat death toll that’s climbed more than 20% on a population-adjusted basis since the 1990s, according to the latest edition of the Lancet’s annual report …
POSTED OCTOBER 31, 2025 9:15 AM |
People Moves: Tiesi Joins Canopius as US Head of Financial Lines
Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio across Canopius’ U.S. operations. Tiesi has over 25 years of experience in financial and professional liability underwriting, with expertise in …
POSTED OCTOBER 31, 2025 5:45 AM |
Universal Music Settles Lawsuit With AI Startup Udio
Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service. Udio will launch the new platform next year, powered by AI …
POSTED OCTOBER 31, 2025 5:20 AM |
France Makes New Arrests in Louvre Heist; Jewels Still Not Found
Five more people have been arrested in the Louvre heist case, the Paris prosecutor said Thursday, after two alleged members of the group that stole jewels from the museum were charged. Authorities linked one of the new individuals detained to …
POSTED OCTOBER 31, 2025 5:10 AM |
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth. Asked whether carriers are beginning to restrict coverage, panelists at Zywave’s Cyber Risk Insights conference in New York this week said there are …
POSTED OCTOBER 31, 2025 5:09 AM |
California Attorney General Charges Eight in Bay Area Auto-Theft Ring
The California Attorney General filed felony charges against eight people in connection with the theft of 19 vehicles throughout the U.S. with a combined value of more than $800,000. The complaint, filed in Alameda County Superior Court by Attorney General …
POSTED OCTOBER 31, 2025 5:00 AM |
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