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With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market Intelligence said. In a research report titled, “For U....
Posted: Nov 26, 2025
Aspida Holdings Ltd., a life insurance and annuity company, has appointed Suzanne Sadlier as Head of Regulatory Affairs. In her new role, Sadlier will oversee regulatory engagement across Aspida’s US, Bermuda, and Cayman platforms. Sadlier has ove...
Posted: Nov 26, 2025
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—wi...
Posted: Nov 26, 2025
Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million metals scam with the commodity group, as the Indian businessman gave evidence for the first time on Wednesday. Gupta a...
Posted: Nov 26, 2025
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has launched Syndicate 2454 in South Africa to underwrite insurance and reinsurance risks across the country and neighbouring markets from its base in Sandton. Reader...
Posted: Nov 26, 2025
Posted: Nov 26, 2025
Insurance Business Magazine - US
Posted: Nov 26, 2025
OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more than 100 times. In a court filing Tuesday, the artificial intelligence startup called the...
Posted: Nov 26, 2025
Markel International has announced the appointment of Sam Batstone as an Underwriter within its newly launched Construction & Engineering practice. Launched in November 2025, Markel’s Construction & Engineering practice within its internat...
Posted: Nov 26, 2025
Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the Association British Insurers. Insurers uncovered at least 9...
Posted: Nov 26, 2025
The UK insurance sector is making notable strides in embedding sustainability across investment, underwriting and risk management, according to Insurers for Purpose – Navigating sustainability integration across the insurance sector, a report by P...
Posted: Nov 26, 2025
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB According to The Council of Insurance A...
Posted: Nov 26, 2025
Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with federal orders to take measures to help prevent fires in an aging electric railcar model that is heavily used i...
Posted: Nov 26, 2025
Specialty insurer DUAL has launched a new insurance product designed to support biodiversity uplift at the Highlands Rewilding Bunloit project in Scotland. This pioneering product aims to help protect habitats impacted by biodiversity loss and ens...
Posted: Nov 26, 2025
Ping An Insurance (Group) Company of China, Ltd. has introduced its landmark biodiversity initiative, “Ancient Tree Guardian Action,” at the 30th UNFCCC Conference of the Parties (COP 30) in Belém, Brazil. Ping An’s programne integrate...
Posted: Nov 26, 2025
Credit rating agency AM Best has assigned American International Reinsurance Global (AIRG), a Bermuda-based AIG subsidiary, a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent), and assigned a posit...
Posted: Nov 26, 2025
Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it seeks to use more artifical intelligence. The cuts will likely affect call center positions, the person said, declining to be ...
Posted: Nov 26, 2025
Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in South Africa. Based in Sandton, ASR’s syndicate underwriters will underwrite insurance and reinsuranc...
Posted: Nov 26, 2025
In a recent interview with Reinsurance News, Alfredo Lomeli, Chief Underwriting Officer for Latin America and the Caribbean at SCOR, a global reinsurer, highlighted the evolving dynamics of the region’s reinsurance sector as it heads into the 2026...
Posted: Nov 26, 2025
The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela, experts say. On Monday, the administration designated Cartel de los Soles a...
Posted: Nov 26, 2025
Jessica Morse, a government wildfire management expert, has joined MGA Delos Insurance Solutions as a government affairs consultant to property insurance. Her appointment signals a strategic move by Delos to enhance its support for California home...
Posted: Nov 26, 2025
In 2025, there has been a marked fall in the fear of becoming obsolete or replaced by artificial intelligence (AI), with less than half of underwriters (48%) and actuaries (49%) now fearing replacement by AI, down from 74% and 80% respectively in...
Posted: Nov 26, 2025
Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on a busy rail route to Ukraine for which authorities blame Moscow. Krzysztof Gawkowski told Bloomberg News that the...
Posted: Nov 26, 2025
Moody’s Ratings has upgraded Generali’s insurance financial strength rating (IFSR) to A2 from A3, following the one-notch upgrade of the Italian government’s rating. “Generali’s ratings are partly constrained by the Italian...
Posted: Nov 26, 2025
In the last five years, nearly three-quarters of UK SMEs have been impacted by a cyber incident, according to a recent survey by Coalition, an active insurer focused on preventing digital risks. Coalition’s study, conducted by an independent resea...
Posted: Nov 26, 2025
Independent insurance agents are always searching for smarter ways to serve their clients and run their businesses more efficiently. At this year’s Applied Net conference, attendees couldn’t stop raving about the EZLynx® tools they rely o...
Posted: Nov 26, 2025
In insurance, automation has long been viewed as an “either/or” scenario-either a task is handled by AI, or it’s assigned to a BPO team. That’s no longer the case. Today’s most successful MGAs, carriers, and wholesalers...
Posted: Nov 26, 2025
US-based company primarily known for mortgage insurance, Radian Group Inc.’s wholly owned subsidiary, Radian Guaranty, has agreed to the principal terms of an approximately $373 million excess of loss (XoL) reinsurance arrangement with a panel of...
Posted: Nov 26, 2025
MAPFRE RE has returned to the catastrophe bond market by sponsoring a new €125 million, three-year issuance specifically designed to protect its European risk portfolio against extreme wind events, which constitute the firm’s main catastroph...
Posted: Nov 26, 2025
Westfield Specialty International, a specialty insurance provider, has announced the appointment of Robert Copp as Head of US Marine Treaty. In his new role, Copp will focus on US ocean marine, inland marine and offshore energy reinsurance for Nor...
Posted: Nov 26, 2025
Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital...
Posted: Nov 26, 2025
The Republic of Sierra Leone has become the 51st member of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group. This move highligh...
Posted: Nov 26, 2025
Strategic Risk Solutions (SRS), an independent insurance company manager, has appointed Robert Gagliardi as Chief Executive Officer (CEO) of SRS Titanium, a specialised initiative delivering captive insurance solutions for Fortune 500 and other gl...
Posted: Nov 26, 2025
Insurance Business Magazine - US
Posted: Nov 26, 2025
Posted: Nov 26, 2025
This year’s Atlantic hurricane season was marked by contrasts, according to the National Oceanic and Atmospheric Administration (NOAA). From intense bursts of activity to relative calm, the season will end on November 30 with activity falling w...
Posted: Nov 26, 2025
Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to shield the billionaire chief exec...
Posted: Nov 26, 2025