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WTW launches parametric insurance solution to protect Sri Lanka against weather risks

Global advisory, broking and solutions company Willis Towers Watson has launched Asia’s first four-peril parametric insurance to protect Sri Lanka’s shrimp farms against weather risks

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HDI Global SE Singapore welcomes James Guardino as senior underwriter for APAC

Guardino joins HDI from Markel where he was a trade credit and political risk underwriter

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Connecticut Rep. Courtney introduces Casualty Loss Deduction Restoration Act

Connecticut representative Joe Courtney has introduced the Casualty Loss Deduction Restoration Act to provide citizens with financial relief following losses from unexpected disasters

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SRS selects Delgado to lead Latam expansion

The independent insurance company manager has appointed Luis Delgado as Latam regional director as part of its expansion into Latin America

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Compre appoints Fiehn COO

The international legacy acquirer has appointed Daniel Fiehn as group chief operating officer, where he will be responsible for IT, data, change and facilities

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North Carolina’s Causey appoints Angela Hatchell as senior deputy commissioner

North Carolina insurance commissioner Mike Causey has appointed Angela Hatchell as senior deputy commissioner of agent services, consumer services and regional director divisions

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Milliman’s Joel Chansky retires

Joel Chansky (pictured), most recently a consulting actuary at actuarial and consulting firm Milliman, has retired

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Net-Zero Insurance Alliance drops requirements for members’ GHG emissions publication

The Net-Zero Insurance Alliance (NZIA) has abandoned its requirement for members to set or publish their greenhouse gas emission targets

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MSL serves as MGU for Everest Re

MSL Captive Solutions (MSL) has become a managing general underwriter (MGU) for Everest Reinsurance Company (Everest Re)

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Asia to drive global economic growth, says Swiss Re report

Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma report

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Arthur J. Gallagher & Co. acquires Virginia-based The Andersen Group

Arthur J. Gallagher & Co. has acquired Chantilly, Virginia-based The Andersen Group

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AM Best upgrades rating to ‘Superior’ for Odyssey Group

AM Best has upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the long-term issuer credit ratings to “aa-” (Superior) from “a+” (Excellent) of the subsidiaries of Odyssey Group Holdings

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