W.R. Berkley Appoints Shadi Albert as President of Vela Insurance Services
W.R. Berkley Corporation appoints Shadi Albert as president of Vela Insurance Services, signaling strategic leadership transition in excess and surplus lines insurance.
W.R. Berkley Corporation appoints Shadi Albert as president of Vela Insurance Services, signaling strategic leadership transition in excess and surplus lines insurance.
Aon reports a global reinsurance capacity exceeding $720 billion in 2025, highlighting improved pricing, terms, and coverage amid record catastrophe bond issuance and robust reinsurer financial results, with regional market insights and outlook to 2026.
Aon appoints Anthony DiLorenzo as head of US casualty reinsurance, focusing on managing long-tail risks amid market demands. Key leadership shifts enhance reinsurance client services globally.
Global commercial insurance rates dropped 3% in Q1 2025, continuing a trend of declining premiums except for a 4% rise in casualty lines driven by US market conditions.
Amwins is expanding into the casualty insurance market with the introduction of the Excess Casualty Sidecar Program by SRU, offering quota-share basis, high-limit liability coverage nationwide.
Amwins Specialty Casualty Solutions launches an excess casualty insurance product to help schools and public housing projects manage their unique risks.
The U.S. property/casualty insurance market shows stabilization with reduced price increases and improved underwriting results, despite challenges from extreme weather events.