PIC, an insurer for defined benefit pension schemes, has completed a £24 million full buy-in of the Holophane Retirement Benefits Scheme, sponsored by Holophane Europe Limited, securing pension benefits for 95 pensioners and dependents and 74 deferred Scheme members. With a history spanning over 125 years, Holophane Europe Limited is based in Milton Keynes, Buckinghamshire, […]

Global specialty insurer Markel has announced the appointment of Wanshi Lin to the newly created Head of Singapore position, effective immediately. In her new role, Lin will lead the underwriting team in Singapore and drive business planning and market engagement on the company’s Lloyd’s Singapore platform. Her appointment to this newly created leadership role in […]

Auto and homeowners insurer State Farm has received more than 6,700 home and auto claims, as of the morning of January 14th, 2025, from damages related to the recent wildfires in Los Angeles, California. State Farm remains the largest insurer group in the State of California, serving more than 8 million policies and accounts. The […]

Carbon Underwriting, a specialist independent managing general underwriter (MGU) and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new Chief Financial Officer (CFO), effective immediately. In his new role, Poracchia will lead Carbon’s global financial operations and play a key role in strengthening the company’s capabilities as the business continues to evolve […]