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WTW launches parametric insurance solution to protect Sri Lanka against weather risks
13 July 2023
Reporter Jenna Lomax

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

Connecticut Rep. Courtney introduces Casualty Loss Deduction Restoration Act
13 July 2023
Reporter Lucy Carter

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

North Carolina’s Causey appoints Angela Hatchell as senior deputy commissioner
11 July 2023
Reporter Jenna Lomax

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

Milliman’s Joel Chansky retires
10 July 2023
Reporter Frances Jones

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

MSL serves as MGU for Everest Re
10 July 2023
Reporter Frances Jones

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

Arthur J. Gallagher & Co. acquires Virginia-based The Andersen Group
07 July 2023
Reporter Frances Jones

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

Aon partners with AbsoluteClimo to advance its modelling against climate-based perils
05 July 2023
Reporter Klea Neza

Aon partner with AbsoluteClimo advances climate modelling for climate-based perils

AM Best affirms “Excellent” rating for Delaware-based Velocity Specialty
05 July 2023
Reporter Frances Jones

AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Delaware-based Velocity Specialty Insurance Company (VSIC)

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