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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
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
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, 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
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
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 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
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
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
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
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
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
Insurance Business Magazine - US
Posted: Dec 15, 2025
Insurance Business Magazine - US
Posted: Dec 15, 2025
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
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 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
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’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
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
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
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
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, 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
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 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, 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
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
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
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 R...
Posted: Dec 15, 2025
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 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, 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
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, 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
Posted: Dec 15, 2025
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
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
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
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
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