All Posts
ALIRT, a provider of insurance market research and analysis, recently released its annual review of the Florida domestic property insurance market, highlighting the overall state of the market following tort reforms. According to ALIRT, the Florid...
Posted: Dec 16, 2025
AIG Appoints Clifford From Everest as CEO, International Commercial Insurance American International Group (AIG) announced that Adam Clifford has been appointed chief executive officer, International Commercial Insurance, effective January 5, 2026. I...
Posted: Dec 16, 2025
Guidewire, known for delivering cloud solutions tailored to property and casualty insurers, positions its new Olos release as a major advancement in how the industry manages pricing, underwriting, and workers’ compensation claims. The company pres...
Posted: Dec 16, 2025
Munich Re’s global specialty insurance business has announced the upcoming retirements of Greg Barats, CEO and President of HSB, and Andreas Kleiner, CEO and President of American Modern Insurance Group. Both leaders are set to retire in the first...
Posted: Dec 16, 2025
Global re/insurance broking group Aon has announced the renewal of its fast-follow automatic insurance facility, Aon Client Treaty (ACT), for 2026, which has been expanded, and like the 2025 renewal, provides clients with 28.5% of pre-secured, Llo...
Posted: Dec 16, 2025
Price Forbes Re, an independent specialist risk strategy and reinsurance broker, has named Sanjay Shah as Vice President (VP), Business Development Actuary. Based in London, he will report to Isaac Sanday, the company’s Global Head of Life, Pensio...
Posted: Dec 16, 2025
Italy’s Leonardo has denied liability for the 2018 helicopter crash which killed Thai businessman Vichai Srivaddhanaprabha, saying in its defense to a lawsuit that its AW169 model is safe. The family of Srivaddhanaprabha, who founded duty-free...
Posted: Dec 16, 2025
A long-running family feud for control of the $8 billion-a-year Market Basket grocery chain in New England is about to take center stage at a trial to determine whether the former chief executive officer was improperly ousted by his three …
Posted: Dec 16, 2025
Third-quarter pricing shows continued moderation after sharp increases in early 2025, per WTW benchmark data. The post U.S. Co...
Posted: Dec 16, 2025
Global credit insurer Atradius has received final regulatory approval for its Lloyd’s Syndicate 1864 to begin underwriting business from 1 January 2026. Syndicate 1864, which received Lloyd’s ‘in principle’ approval back in July, will focus...
Posted: Dec 16, 2025
Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly by January’s record Los Angeles wildfires as well as severe convective storms (SCS) in the US, according to a repor...
Posted: Dec 16, 2025
President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the U.S. Capitol, opening an international front in his fight against media …
Posted: Dec 16, 2025
President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the U.S. Capitol, opening an international front in his fight against media …
Posted: Dec 16, 2025
President Donald Trump sued the BBC for at least $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the U.S. Capitol, opening an international front in his fight against media …
Posted: Dec 16, 2025
Arrow Risk Management, a specialist MGA underwriting platform, has announced the launch of its International Professional Indemnity (PI) practice and the appointment of Nick Cox as Class Underwriter. The new practice marks a significant expansion...
Posted: Dec 16, 2025
In a recent Reinsurance News interview, Jonathan Gale, Chief Underwriting Officer (CUO) at AXA XL Re, shared his insights on market dynamics, challenges, and opportunities for 2026. Gale oversees underwriting strategy and risk selection across all...
Posted: Dec 16, 2025
Global insurance and reinsurance broker BMS Group Ltd has officially launched BMS (DIFC) Ltd after the receipt of all necessary Licence and Regulatory Approval. The specialist re/insurance broker launched its Middle East operation with the acquisi...
Posted: Dec 16, 2025
Global insurer American International Group (AIG) has announced the appointment of Adam Clifford as Chief Executive Officer (CEO), International Commercial Insurance, effective January 5, 2026. Based in London, Clifford will leverage his nearly 30...
Posted: Dec 16, 2025
Venezuela’s state oil company is still struggling to restore key administrative systems after what it called a cyberattack that hit over the weekend. Petroleos de Venezuela SA’s network, which manages export and import data at the country...
Posted: Dec 16, 2025
Specialty insurer Beazley has announced the appointment of Nat Cross to the newly created role of Head of Digital Follow Underwriting, effective 1st February 2026. Since the launch of its dedicated follow syndicate, Smart Tracker 5623, in 2018, Be...
Posted: Dec 16, 2025
As an independent agent, you know the truth: acquiring new clients is often much more expensive than keeping the ones you already have. The old saying, “new business is king,” no longer entirely rings true. Today, retention is the new ...
Posted: Dec 16, 2025
2025 insurance and reinsurance industry losses from natural catastrophes are expected to exceed $100 billion for the sixth consecutive year, but at an estimated $107 billion, the total is 24% lower than the $141 billion seen in 2024, and 3% below...
Posted: Dec 16, 2025
Hamilton Insurance Group, Ltd, a specialty re/insurance company, has appointed Dwayne Hunt as Senior Vice President and Head of Property Insurance at Hamilton Re, its Bermuda-based underwriting platform, effective immediately, replacing Gavin Davi...
Posted: Dec 16, 2025
The non-bank financial sector’s share of global assets grew to 51%, or $256.8 trillion, last year and expanded at double the rate of the traditional banking industry, the Financial Stability Board said on Tuesday. Non-bank financial intermediar...
Posted: Dec 16, 2025
The Bondi Beach attack on December 14th has been declared a terrorism incident for insurance purposes under the Terrorism and Cyclone Insurance Act 2003 (TCI Act), activating the Terrorism Reinsurance Pool (TRP) as the Insurance Council of Austral...
Posted: Dec 16, 2025
Bjak Sdn, Malaysia’s largest online insurance aggregator, is mulling an initial public offering within the next two years as it seeks to enter Europe. Bjak is eyeing new markets in Spain and Germany in 2026 following its recent expansion in ...
Posted: Dec 16, 2025
XS Global, an independently owned managing general underwriting (MGU) platform, has expanded into the Asia Pacific region with the launch of XS Global Asia Pacific Ltd (XSGAP) in Hong Kong, with the office being led by APAC CEO and XS Global Execu...
Posted: Dec 16, 2025
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching,...
Posted: Dec 16, 2025
As McKinsey & Co. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. “We will kick some ass as we start our second century,” the firm’s top executive told the th...
Posted: Dec 16, 2025
Posted: Dec 16, 2025
South Korea’s financial authorities have relaxed regulations on discount rates, a move expected to ease solvency pressures for the country’s non-life insurers, according to credit rating agency AM Best. Declining market interest rates, combined wi...
Posted: Dec 16, 2025
The U.S. Food and Drug Administration has sent warning letters to four major retailers for continuing to sell baby formula linked to a nationwide outbreak of bacterial illness in infants, even after the products were recalled, the health regulator...
Posted: Dec 16, 2025
he Alabama Medical Cannabis Commission on Thursday approved licenses for dispensaries, a key step to making medical marijuana available in the state after years of delay. Commission Chairman Rex Vaughn estimated the products will be available in the...
Posted: Dec 16, 2025
Miami-based NSI Insurance Group has acquired another Miami-headquartered brokerage, Mutual Insurance Group, adding another milestone for the company that has doubled in size in recent years. “We are pleased to welcome Mutual Insurance Group to...
Posted: Dec 16, 2025
Trucking coverage specialist Canal Insurance, based in Greenville, South Carolina, has named Matthew Grimm chief underwriting officer, effective this week. Grimm has more than 30 years of experience in the property-casualty insurance business, includ...
Posted: Dec 16, 2025
The president of the Los Angeles Angels baseball team testified in a wrongful death lawsuit that the fatal overdose of pitcher Tyler Skaggs was tough for the club and he wished he had known sooner about drug use by the …
Posted: Dec 16, 2025
Swiss Automation Inc. has agreed to pay $421,234 to resolve alleged False Claims Act violations relating to its failure to provide adequate cybersecurity for certain drawings of parts that the company machined and supplied to Department of Defense (D...
Posted: Dec 16, 2025
Swiss Automation Inc. has agreed to pay $421,234 to resolve alleged False Claims Act violations relating to its failure to provide adequate cybersecurity for certain drawings of parts that the company machined and supplied to Department of Defense (D...
Posted: Dec 16, 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has appointed Harry Gregory as an Underwriter within its Liability team, effective immediately. In the new role, he will report to Oliver Delaney, Departmental Head of Liability, and be responsi...
Posted: Dec 16, 2025
President Donald Trump issued an executive order seeking to limit the influence of proxy advisory firms, part of a push to curtail how third-party firms attempt to sway the direction of public companies. The executive order issued on Thursday directs...
Posted: Dec 16, 2025
World Insurance Associates announced this week that it acquired the business of The Fidella Agency of Lakewood, New Jersey in September. Fidella was founded in 2011 by Joseph Deutsch. The agency specializes in commercial property/real estate insuranc...
Posted: Dec 16, 2025