forestry insurance News

Study: Louisiana’s Agriculture and Forestry Sectors Suffer $1.69B in Damages Due to Heat and Drought

Louisiana’s agriculture and forestry sectors experienced approximately $1.69 billion in damages in 2023 due to excessive heat and drought, according to a study from the Louisiana State University Agricultural Center. The report, “Preliminary Estimates of the Impacts of Drought and …

Specialty MGA UK Acquires Commercial ForestRe Team from Globe Underwriting

Specialty MGA UK, a recently formed managing general agent focused on providing additional capacity for specialty lines of businesses, has acquired the ForestRe team from Globe Underwriting, the UK-based MGA. Financial details of the deal were not disclosed. The team …

MS Amlin AG Enters Agriculture Reinsurance Market, Hiring Bektleuov From PartnerRe

MS Amlin AG (MS AAG), the global reinsurer, announced its entry into the agriculture reinsurance market with the hire of Rinat Bektleuov as product group lead underwriter. Bektleuov joined the business in August 2021 and reports directly to Charles Goldie, …

People Moves: Hiscox’s Barriol to Liberty Specialty; Howden MGA DUAL Offers Forestry, Hiring White Oak’s Steward

This wrap-up of international People Moves details recent appointments at Liberty Specialty Markets and underwriting agency DUAL, which is part of Howden Group Holdings. A summary of these new hires follows here. Liberty Specialty Markets (LSM), part of Liberty Mutual …