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Ariel Re Gets ‘In Principle’ Approval From Lloyd’s to Launch Syndicate 2006

by lpiccitto | Sep 9, 2025 | Uncategorized

Ariel Re, a global reinsurer with offices in Bermuda, London and Hong Kong, announced it has received “in principle” approval from Lloyd’s to launch a new syndicate. From 2026, Ariel Re will be separating its Lloyd’s business into two syndicates: …

Swiss Re, Munich Re and Hannover Re Top List of 40 Largest Reinsurers in 2025: S&P

by lpiccitto | Sep 9, 2025 | Uncategorized

Swiss Re tops the list of the world’s 40 largest reinsurers, followed by Munich Re and Hannover Re, according to S&P Global Ratings. Berkshire Hathaway Insurance Group comes in at number four, while Lloyd’s is ranked at number 5 and …

Oregon Workers’ Comp Pure Premium Rate Dropping

by lpiccitto | Sep 9, 2025 | Uncategorized

Oregon employers on average would pay 87 cents per $100 of payroll for workers’ compensation costs in 2026, down from 91 cents this year, under a new proposal. The Oregon Department of Consumer and Business Services called for the decline …

CIWA Launches Matt Abram Scholarship to Honor Legacy of Popular Insurance Pro

by lpiccitto | Sep 9, 2025 | Uncategorized

The California Insurance Wholesalers Association has created the CIWA Future Matt Abram Scholarship, established in memory of Matthew Abram. The scholarship helps celebrate Abram’s legacy of energy, community, and connection by supporting rising professionals in the...

Agent Has No Duty to Tell Insured of Pending Nonrenewal: Connecticut High Court

by lpiccitto | Sep 9, 2025 | Uncategorized

A Connecticut insurance agent has no duty to inform clients that their home insurer intends not to renew their insurance policy, the state’s high court recently affirmed in a case where the homeowners had argued that their long relationship with …

French Parliament Ousts Prime Minister, Deepening Political Crisis

by lpiccitto | Sep 9, 2025 | Uncategorized

France’s parliament brought down the government on Monday over its plans to tame the ballooning national debt, deepening a political crisis that is weakening the euro zone’s second-largest economy. Lawmakers voted to oust Prime Minister Francois Bayrou and his...
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