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IAG raises FY26 guidance following RACQ Insurance acquisition

Reinsurance News

Australian insurer IAG has upgraded its FY26 guidance following the successful acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance business. IAG now expects FY26 gross written premium (GWP) growth of around 10%, up from its p...

Posted: Oct 23, 2025

Brown & Brown names COO Steve Hearn president of Retail segment

coverager

Barrett Brown, the previous president of the Retail segment, is taking a personal leave of absence.

Posted: Oct 23, 2025

Allianz Trade backs Poland’s green energy projects

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Allianz Trade is backing Poland’s energy transition through its Surety Green2Green guarantees.

Posted: Oct 23, 2025

Integrity partners with Tristate Financial Network

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Tristate Financial Network supports and trains agents across the country to provide clients with life, health and wealth products and services.

Posted: Oct 23, 2025

IMG expands iTravelInsured Choice

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IMG has also introduced two new products under the iTravelInsured Choice umbrella.

Posted: Oct 23, 2025

Axonic partners with iPipeline and LIBRA to digitize annuity distribution

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iPipeline enables Axonic Insurance to launch its VantagePoint annuity offering to market.

Posted: Oct 23, 2025

Westridge Insurance Services in California Joins Renaissance

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Renaissance is a national network of independent agencies.

Posted: Oct 23, 2025

RCM&D partners with CorePLUS

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The two are launching a cyber insurance program.

Posted: Oct 23, 2025

NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers

Insurance Journal

The New York State financial services regulator warns insurance companies, banks and other financial services institutions of the cyber risks associated with the growing use of third-party service providers (TPSP). Exposure to threats will continue t...

Posted: Oct 23, 2025

Ategrity reports Q3’25 net income of $22.7m as GWP swell 30%

Reinsurance News

Ategrity Specialty Insurance has posted net income attributable to stockholders of $22.7 million in Q3 2025, up 76.2% from the same period in 2024. Ategrity’s Q3 2025 gross written premiums (GWP) also increased by 30.1% to $143.9 million, dr...

Posted: Oct 23, 2025

S&P upgrades VIG’s outlook to positive on earnings growth and diversification

Reinsurance News

S&P Global Ratings has revised the outlook of Vienna Insurance Group (VIG) and its core subsidiary VIG RE to positive from stable, while affirming its A+ insurer financial strength and issuer credit ratings. The rating agency noted that VIG ha...

Posted: Oct 23, 2025

Jewelry Stolen From Louvre Valued at 88 Million Euros, Paris Prosecutor Says

Carrier Management

Jewelry Stolen From Louvre Valued at 88 Million Euros, Paris Prosecutor Says Thieves...

Posted: Oct 23, 2025

U.S. Saw Record $101 Billion in Weather Losses Through June

Carrier Management

U.S. Saw Record $101 Billion in Weather Losses Through June The U.S. s...

Posted: Oct 23, 2025

Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3

Carrier Management

Chubb Books Record P/C Underwriting Income, Combined...

Posted: Oct 23, 2025

AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry

Carrier Management

AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry The recen...

Posted: Oct 23, 2025

Commercial Insurance Rates Continue Downward Trend Globally in Q3 as Competition Intensifies

Risk & Insurance

U.S. casualty insurance bucks trend with persistent rate increases driven by nuclear verdicts: Marsh. The post

Posted: Oct 23, 2025

Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers

Insurance Journal

Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said on …

Posted: Oct 23, 2025

TOP 5 LEGAL AND LITIGATION SHIFTS

Rough Notes

Understanding how litigation trends filter directly into liability underwriting decisions  To stay not just competitive but indeed relevant, producers need to understand that liability coverage requires legal literacy. By Michael Wayne For commercial...

Posted: Oct 23, 2025

Howden US appoints Aon’s Ben Hanback as EVP

Reinsurance News

Global insurance and reinsurance broking group Howden has announced the appointment of Ben Hanback as Executive Vice President (EVP), Howden US. Based in Nashville, Tennessee, Hanback will report to Mike Parrish, CEO of Howden US. In his new role,...

Posted: Oct 23, 2025

Disaster Relief Fund Hits Critical Low as Shutdown Endures

Insurance Journal

As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disa...

Posted: Oct 23, 2025

People Moves: Acrisure Re Appoints Morrison

Insurance Journal

Acrisure Re, the reinsurance division of global fintech leader Acrisure, appointed Dan Morrison senior vice president. Based in New York, Morrison supports Acrisure’s in-house U.S. delegated underwriting team, a key client for Acrisure Re throu...

Posted: Oct 23, 2025

Thames Among UK’s Worst-Polluting Water Firms as Incidents Rise

Insurance Journal

Thames Water was among Britain’s most-polluting water companies last year as the total number of serious incidents jumped 60%, the Environment Agency said Thursday. Thames’ failure to improve its environmental performance, as well as sky-...

Posted: Oct 23, 2025

FG Nexus to sell FG Reinsurance Division, Heise to serve as CEO

Reinsurance News

Fundamental Global Inc. (FG Nexus) has announced it has entered an agreement to sell a majority stake of its FG Reinsurance Division (FGRe) to Devondale Holdings LLC, led by industry veteran Tom Heise. This strategic transaction intends to positio...

Posted: Oct 23, 2025

Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual

Insurance Journal

Old Republic International Corp., the Chicago-based specialty insurer, announced it has entered into a definitive agreement to acquire Everett Cash Mutual Insurance Co. and its affiliated companies (ECM), following its conversion to a stock company i...

Posted: Oct 23, 2025

Aon launches AI-powered supply chain risk consulting solution

Reinsurance News

Aon plc, a professional services firm, announced the launch of a new AI-powered supply chain risk consulting solution. The offering builds on Aon’s existing supply chain diagnostics and applies predictive analytics to identify potential risks, hel...

Posted: Oct 23, 2025

Willis launches Captive Fit to optimise captive insurance programmes

Reinsurance News

Willis, a WTW business, has announced the launch of Captive Fit, an analytical and strategic service designed to help companies optimise their captive insurance arrangements. The service leverages WTW’s Igloo platform, a risk analytics modelling s...

Posted: Oct 23, 2025

WTW launches Captive Fit to optimise captive insurance programmes

Reinsurance News

WTW, an advisory, broking, and solutions company, has announced the launch of Captive Fit, an analytical and strategic service designed to help companies optimise their captive insurance arrangements. The service leverages WTW’s Igloo platform, a...

Posted: Oct 23, 2025

New Jersey Claims Amazon Discriminated Against Pregnant, Disabled Workers

Insurance Journal

The state of New Jersey sued Amazon.com on Wednesday, accusing the company of unlawfully refusing workplace accommodations to warehouse employees who have disabilities or were pregnant and firing some who asked for them. The lawsuit filed in New Jers...

Posted: Oct 23, 2025

Japanese Companies Brace for More Attacks as Cybercrimes Climb

Insurance Journal

The recent wave of cyberattacks against Japanese businesses has exposed critical weaknesses in the country’s corporate digital defenses, fueling fears of further disruption to sales and supply chains.In the past month, Asahi Group Holdings Ltd....

Posted: Oct 23, 2025

Selective’s NPW expand in Q3’25 as underwriting performance improves

Reinsurance News

Selective Insurance Group has reported net premiums written of $1.21 billion for Q3 2025, a 4% increase from $1.16 billion in the same period of 2024. The firm’s combined ratio also improved to 98.6%, reflecting a stronger underwriting performance...

Posted: Oct 23, 2025

Tropical Storm Melissa Brings Heavy Rain to Haiti, Dominican Republic and Jamaica

Insurance Journal

Tropical Storm Melissa began dumping heavy rain on Hispaniola on Tuesday as forecasters warned of a significant flood risk in parts of the Caribbean region later this week. The rains snarled traffic in the Dominican Republic’s capital, Santo Do...

Posted: Oct 23, 2025

Commercial insurance rates fall in Q3’25 as competitive market proves advantageous: Marsh

Reinsurance News

Global insurance and reinsurance broker Marsh reported in its latest Global Insurance Market Index that worldwide commercial insurance rates fell, on average, by 4% in Q3 2025, continuing the 4% decline observed in Q2 2025. John Donnelly, Presiden...

Posted: Oct 23, 2025

Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh

Insurance Journal

Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance brokerage business of Marsh...

Posted: Oct 23, 2025

RLI Corp. promotes Cathy Martin to Vice President, E&S Excess Liability

Reinsurance News

Specialty insurer RLI Corp. has promoted Cathy Martin to Vice President, Excess and Surplus (E&S) Excess Liability. In her new role, Martin will lead RLI’s E&S Excess Liability business and also co-lead the RLI E&S Casualty Brokerage G...

Posted: Oct 23, 2025

Jaguar Land Rover attack most economically damaging cyber event to hit UK: CMC

Reinsurance News

The Cyber Monitoring Centre (CMC) has disclosed that the recent cyberattack targeting Jaguar Land Rover (JLR) inflicted an estimated £1.9 billion in financial damage across the UK and disrupted more than 5,000 organisations, marking the most econo...

Posted: Oct 23, 2025

This Pollution Lawsuit Could Reach Far Beyond Banks of River Wye in UK

Insurance Journal

The River Wye used to be full of wild salmon. Today it is full of algae. And the meandering waterway which has long attracted anglers, hikers and poets is now the subject of a major pollution lawsuit. The case – …

Posted: Oct 23, 2025

New Zealand Issues Rare Red Warnings Amid Destructive Spring Storm

Insurance Journal

New Zealand’s weather agency issued rare red wind warnings and officials declared a state of emergency in the Canterbury region as a powerful spring storm brought destructive gales and heavy rain to the South Island and lower North Island on &#...

Posted: Oct 23, 2025

Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24

Carrier Management

Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24 As a group, th...

Posted: Oct 23, 2025

Novatae Risk Group hires Kimberly Jenkins as COO

Reinsurance News

Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has appointed Kimberly Jenkins as its new Chief Operating Officer (COO). In this role, Jenkins will oversee Novatae’s operations and business...

Posted: Oct 23, 2025

Industry Groups Applaud Bill to Treat Forests, Mitigate Wildfire Risk

Insurance Journal

Insurance industry trades praised a Senate committee for the passage this week of the Fix Our Forests Act, a measure to address high-risk wildfire regions. “The risk of wildfire can no longer be ignored or underestimated. We need action to &#82...

Posted: Oct 23, 2025