The acquisition awaits customary regulatory approvals

Based in Seattle, Post has worked with power, utility and renewable clients globally, helping them to approach a transactional insurance market.

The bridge, whose estimated value is US$1.2 billion, has Chubb as its primary insurance carrier.

The conference is set to take place on 16 April at Mohegan Sun resort in Connecticut.

Before joining the trade association, Work served as senior vice president of government relations at the Self-Insurance Institute of America

Frequency of events is the main driver of insured loss accumulation, with severe convective storms accounting for a record high of US$64 billion in 2023

Ahmad, who will start his new position in mid-April, will be responsible for all pricing solutions, driving strategy and development across Verisk.

This partnership marks another step for Cytora in building a comprehensive data ecosystem for the insurance industry, following its collaboration with Chubb and the integration of Large Language Models into its platform.

Frank Hattann was formerly the CEO of Alpha BGS Commercial and brings 20 years of commercial leadership and management experience to the role

In the group captive, Artex serves as the captive consultant and manager and also offers claims advocacy.

The transaction, expected to conclude early in the second quarter of 2024, is the largest Canadian universal life reinsurance deal to date.

Pool Re’s proposals to convert its reinsurance arrangements from the current facultative obligatory treaty to an annual aggregate catastrophe excess of loss treaty will take effect in April 2025.