Tony Dowding

Specialty MGA Optio Group has completed its strategic investment of Italian MGA, Heca S.r.l., after receiving regulatory approval. First announced in November, Optio said the investment signals its commitment to building a balanced, buy-and-build platform, with European acquisitions central to achieving this.

The EU's Corporate Sustainability Reporting Directive (CSRD), which strengthens the rules concerning the social and environmental information that companies have to report, entered into force on 5 January 2023, and the first set of companies subject to the new rules must start reporting in 2025, for the financial year 2024.

While pricing in some global P&C commercial lines have now peaked, they will remain high enough to support strong results in this subsector for at least another year, according to Moody's Ratings.

Robin Hodess has been appointed as the Global Reporting Initiative's (GRI) new CEO, beginning in February 2025.

ART solutions, such as insurance-linked securities (ILS), are one way to attract additional risk-bearing capacity from outside the re/insurance sector to address escalating cybersecurity risks, says a new report from the Gene...

So another year, another COP. This time, COP29 in Baku, Azerbaijan. Fair to say, it hasn't gone down as one of the more memorable COPs, nor did it come up with anything particularly innovative or far-reaching.

Lockton has launched a new global parametric insurance team that brings together a team of experts, including data scientists and modellers. The broker said it will help businesses adopt cost-effective alternative risk solutions, addressing the widening gap between insured and uninsured losses.

Organisations that use a captive consistently outperform peers without a captive when it comes to ESG, according to Marsh. Research based on data from Marsh's ESG Risk Rating tool revealed that companies with a captive were, statistically, performing significantly better in all categories of ESG.