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South Korea: Flooding brings flood of vehicle insurance claims
Published on July 28, 2025
More than 3,000 vehicles were damaged in the flooding that followed heavy rains across South Korea according to a report in The Korea Times.
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South Africa: Lloyd's grants Santam in-principle approval to launch UK-based syndicate
July 27, 2025
Santam, South Africa's largest short-term insurer, has been granted in-principle approval by Lloyd's to launch a syndicate based in London, which will accelerate the international growth and
Zipper and Bavishi to serve as Co-CEOs of USQRisk as Moreno steps down
July 28, 2025
USQRisk, part of Ryan Specialty’s alternative risk division, has promoted Michael Zipper and Parag Bavishi to Co-Chief Executive Officers (CEOs) of USQ, effective August 1st, 2025.Meanwhile, USQ’s current CEO, Anibal Moreno, will be stepping down, effective July 31st, 2025, to focus on personal interests.In April 2025, Ryan Specialty acquired certain assets of the international managing general ag