David Pilla

Hartford Financial Services Group Inc. launched a service company in Singapore the insurer said will extend its Asia reach.

WTW launched a cyber insurance facility for companies in Singapore and Hong Kong with primary insurance capacity of up to $15 million or its equivalent in local currency.

UniVista Insurance said it received a majority investment from entities affiliated with GRAM's Americas Buyout Fund, the firm's private equity division, in a deal valuing UniVista at over $700

WTW reinstated its "Willis" and "Towers Watson" brands as "sub-brands" of the group for its risk and broking and health, wealth and career businesses respectively, citing continued name

Technology and sustainability risks are among a number of topics the International Underwriting Association is reviewing in its core services for London insurers in its 2025 business plan.

Lloyd's said its London Bridge risk transformation platform deployed $1.92 billion at the end of 2024 as the platform established 19 cells with $2.55 billion committed from institutional

Broker WTW said it gained a reinsurance broking license in Saudi Arabia after recently winning an insurance broking license in the country.

FWD Hong Kong announced a long-term bancassurance partnership with Bank SinoPac in a deal FWD said will expand its reach in high net worth and commercial markets.

Natural catastrophe insured losses totaled $154 billion in 2024 as U.S. insured losses of $117 billion represented 76% of the total, said Gallagher Re.