All Posts

German Insurers Hold $108 Billion Illiquid Debt Pile, EIOPA Says

Insurance Journal

German insurers are the most exposed in Europe to illiquid corporate bonds, a top watchdog said in one of the most detailed reports to date on the industry’s investments in private credit. At €91.8 billion ($108 billion), more than 40% …

Posted: Dec 15, 2025

Fairmatic in California Rebrands as LEEO With New Leadership

Insurance Journal

San Francisco, California-based Fairmatic, a commercial insurance company delivering data-driven fleet insurance using AI-powered technology and telematics, has rebranded and now has a new leadership team. LEEO officially launched on Monday after wha...

Posted: Dec 15, 2025

Gas Explosion in San Francisco Bay Area Damaged Homes, 6 Hospitalized

Insurance Journal

A gas explosion set off a major fire in a San Francisco Bay Area neighborhood last week after obliterating at least one home, blowing out windows and shaking nearby houses. Six people were taken to hospitals for injuries, fire officials …

Posted: Dec 15, 2025

MNK International appoints Naman Kumar as new CEO

Reinsurance News

MNK International, part of the MNK Group and an independent Lloyd’s broker, has announced the appointment of Naman Kumar as Chief Executive Officer (CEO). Naman brings a distinguished career marked by transformative leadership across leading insti...

Posted: Dec 15, 2025

EU Announces New Sanctions on Companies and Individuals Over Russian Oil

Insurance Journal

The European Union has adopted fresh sanctions targeting companies and individuals accused of helping Moscow to circumvent Western sanctions on oil exports that help to fund Russia’s war in Ukraine. The EU has imposed 19 packages of sanctions s...

Posted: Dec 15, 2025

Update: EU Announces New Sanctions on Companies and Individuals Over Russian Oil

Insurance Journal

The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia’s war in Ukraine...

Posted: Dec 15, 2025

India’s Nuclear Bill Spares Suppliers from Accident Liability

Insurance Journal

India’s new nuclear energy bill will spare equipment suppliers from liability in case of incidents, among other sweeping changes to the sector. The government introduced the bill in the lower house of parliament, seeking lawmakers’ approv...

Posted: Dec 15, 2025

US commercial insurance pricing growth slows in Q3’25, says WTW

Reinsurance News

WTW, a global advisory, broking, and solutions company, reports that US commercial insurance rates rose by 3.8% in the third quarter of 2025, continuing the easing trend observed earlier in the year. This follows increases of 3.8% in Q2 2025 and 5...

Posted: Dec 15, 2025

Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court

Insurance Journal

A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that the definition of “loss”...

Posted: Dec 15, 2025

Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft

Insurance Journal

A new broker is now suing Howden US and a pair of former employees for allegations of poaching and theft of trade secrets. Last week Aon Risk Services Cos. filed suit in U.S. District Court for the Southern District of …

Posted: Dec 15, 2025

Mark DiTaranto appointed PartnerRe’s Global Head of Claims

Reinsurance News

Global reinsurer PartnerRe has announced the appointment of Mark DiTaranto as its new Global Head of Claims. DiTaranto joins PartnerRe from AXA XL, where spent nine years of his career, most recently as Global Head of Claims – Reinsurance. H...

Posted: Dec 15, 2025

Drowning in Busywork? Tech to Help Agencies Reclaim Time and Boost Efficiency

Insurance Journal

With the winter holidays quickly approaching, independent agencies are looking for ways to reclaim precious time—to unwind and recharge. Between client requests, policy servicing, sales demands, carrier logins, and endless administrative tasks, agenc...

Posted: Dec 15, 2025

Antares Global CEO: 2026 will reward disciplined underwriting and operational excellence

Reinsurance News

Michael van der Straaten, CEO of Antares Global, a London-based specialty insurer, offers his outlook on the specialty re/insurance market in 2026, examining the factors likely to influence underwriting practices and the broader evolution of busin...

Posted: Dec 15, 2025

Employers Prioritize Cost Control While Maintaining Worker Benefits

Risk & Insurance

Benefits cost control takes center stage as economic pressures mount, Brown & Brown survey finds. The post Employers Prioritize...

Posted: Dec 15, 2025

India’s Cabinet Approves Opening Up of Insurance, Nuclear Sectors, Sources Say

Insurance Journal

India’s cabinet has approved sweeping changes to atomic energy laws and fully opened the insurance sector to foreign investors, two government sources said on Friday, key policy moves aimed at attracting billions of dollars in two critical sect...

Posted: Dec 15, 2025

Beazley closes $300m cyber catastrophe bond

Reinsurance News

Specialist insurer Beazley has secured $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1). This is the fourth and largest 144A cyber catastrophe bond sponsored by Beazley under Pol...

Posted: Dec 15, 2025

Germany Summons Russian Envoy Over Surge in Cyberattacks

Insurance Journal

Germany’s foreign ministry summoned the Russian ambassador in Berlin and said it made it clear there’ll be consequences for hybrid attacks backed by the government in Moscow aimed at undermining democracy. “We have observed a massiv...

Posted: Dec 15, 2025

AIG names Scott Leney as Regional President, AIG Asia Pacific

Reinsurance News

American International Group, Inc. (AIG), an insurance organisation serving commercial, institutional, and individual clients, has announced the appointment of Scott Leney as Regional President, AIG Asia Pacific. In this position, Leney will have...

Posted: Dec 15, 2025

Deadliest Morocco Flooding in Two Decades Leaves Dozens Dead

Insurance Journal

Flash flooding left at least 37 people dead in a city on Morocco’s Atlantic coast, the North African country’s deadliest such incident in more than two decades. Search and rescue operations remained underway in Safi on Monday after heavy...

Posted: Dec 15, 2025

FEMA to Send Georgia $300M in Helene Aid After Accusations of Delays

Insurance Journal

The Federal Emergency Management Agency on Friday announced it would send $350 million in funding to localities and electric cooperatives for relief efforts following Hurricane Helene and Tropical Storm Debby. The announcement comes two months after...

Posted: Dec 15, 2025

Oil Tanker Rates to Stay Strong Into 2026 as Sanctions Remove Ships for Hire

Insurance Journal

The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with Western sanctions, shipping sources say, though rates could be capped …

Posted: Dec 15, 2025

Abu Dhabi introduces FIDA Cluster to advance new-generation financial and investment solutions

Reinsurance News

Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO), has introduced the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster — a coordinated initiative designed to acce...

Posted: Dec 15, 2025

Death at Universal’s Orlando Resort Roller Coaster Ruled Accidental

Insurance Journal

The death of a 32-year-old man after riding a high-speed roller coaster at the Universal Epic Universe theme park was accidental, and an investigation has been closed, according to a Florida sheriff’s office report released this week. Meanwhile...

Posted: Dec 15, 2025

Nick Hankin appointed QBE Re Managing Director

Reinsurance News

Nick Hankin has been appointed as Managing Director of QBE Re, the reinsurance arm of QBE Insurance Group, effective from 1st January 2026. Hankin, who currently serves as Chief Underwriting Officer (CUO) of QBE International, succeeds Chris Killo...

Posted: Dec 15, 2025

Swiss Re L&H Europe announces leadership updates

Reinsurance News

Swiss Re, a global provider of reinsurance, insurance, and risk solutions, has announced a series of leadership changes within its Life & Health (L&H) Europe business. The announcement outlines new appointments and role transitions designe...

Posted: Dec 15, 2025

Retaining credibility of re/insurance industry a key challenge: VIG Re’s Stephan Wirz

Reinsurance News

At year-end 2025, Stephan Wirz, Chief Business Officer and Member of the Board of Management at leading European reinsurer VIG Re, said the biggest challenge the re/insurance market faces is “to retain the credibility of our industry” and demonstr...

Posted: Dec 15, 2025

PFAS litigation and regulation set for major shifts in 2026, says DAC Beachcroft

Reinsurance News

International law firm DAC Beachcroft, known for its work across insurance, health, real estate and commercial risk, reports that 2026 is likely to bring significant developments in both PFAS-related claims and regulatory timetables. Their analysi...

Posted: Dec 15, 2025

Fifth La Niña in Six Years to Disrupt Crops and Supply Chains

Insurance Journal

Deadly flooding in Asia and early snowstorms across the US are signaling the return of a weather-roiling La Niña, a cooling of Pacific waters that can disrupt economies and trigger disasters worldwide. In recent La Niña years, global losses have &#82...

Posted: Dec 15, 2025

Chubb appoints Chris Colahan to lead Commercial Property & Casualty in Asia Pacific

Reinsurance News

Large US insurer Chubb has announced the appointment of Chris Colahan as Head of Commercial Property & Casualty, Asia Pacific, taking effect on 9 February 2026. In this position, Colahan will oversee the strategy and performance of Chubb’s Com...

Posted: Dec 15, 2025

Howden completes c.US$3bn debt repricing and upsize to support growth funding

Reinsurance News

Howden Group, the global insurance intermediary, has completed a c.US$3bn equivalent refinancing and increase of its USD and EUR Term Loan B facilities, with the transaction closing on 11 December. The US$1.6bn USD Term Loan B facility was refinan...

Posted: Dec 15, 2025

PERILS provides initial industry loss of AUD 1.1bn for Australia East Coast SCS activity in late Oct...

Reinsurance News

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Australia East Coast Severe Convective Storms (SCS), which occurred in late October, of AUD 1.108 billion (USD 736m). On...

Posted: Dec 15, 2025

Lockton Re launches European life reinsurance practice

Reinsurance News

Reinsurance broker Lockton Re has launched a new European Practice focused on the life reinsurance market, and has appointed Mederic Borde in Paris to lead the operation. The new European life practice strengthens the firm’s presence in Fran...

Posted: Dec 15, 2025

Evercore ISI reports rising social inflation driving elevated casualty losses

Reinsurance News

Evercore ISI, an independent research and investment advisory firm, reports that casualty reserves remain under pressure across the US property & casualty (P&C) insurance market. Companies including CB, Berkshire, EG, SIGI, and CINF contin...

Posted: Dec 15, 2025

Enterprise Risk Associates secures $150m investment from Macquarie Capital

Reinsurance News

Enterprise Risk Associates, a US-based insurance brokerage platform that focuses on acquiring and partnering with independent insurance agencies, has announced an investment from Macquarie Capital Principal Finance, the financing and principal inv...

Posted: Dec 15, 2025

Jury Orders Johnson & Johnson to Pay $40M to Two Women in Latest Talc Trial

Insurance Journal

A California jury on Friday awarded $40 million to two women who said Johnson & Johnson’s JNJ.N baby powder was to blame for their ovarian cancer. The jury in Los Angeles Superior Court awarded $18 million to Monica Kent and …

Posted: Dec 15, 2025

Trump Administration Turning to Private Firms in Cyber Offensive

Insurance Journal

President Donald Trump’s administration is preparing to turn to private businesses to help mount offensive cyberattacks against foreign adversaries, according to people familiar with the matter, potentially expanding a shadowy electronic confli...

Posted: Dec 15, 2025

North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim

Insurance Journal

Allegations that some roofers deliberately damage roofs in order to qualify properties for insurance claims have long been a concern for insurers. This fall, the North Carolina Department of Insurance and North Carolina Farm Bureau decided to do some...

Posted: Dec 15, 2025

US Senators Push USDA for Urgent Action on Bird Flu Vaccine

Insurance Journal

A bipartisan group of U.S. senators this week urged the administration of President Donald Trump to finalize a science-based plan for developing a bird flu vaccine for livestock, according to a letter seen by Reuters. More than 180 million chickens,...

Posted: Dec 15, 2025