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Insurance Business Magazine - US
Posted: Jan 06, 2026
Breaking: Andersen to Replace Zaffino as CEO of AIG on June 1 American I...
Posted: Jan 06, 2026
Silicon Valley Summit Highlights Humanoid Robots, But Skepticism Remains Robots have long been seen as...
Posted: Jan 06, 2026
Sean McGovern, currently the leader of AXA XL’s insurance business in the UK & Lloyd’s market, has become the new Chair of the Lloyd’s Market Association (LMA) for a three-year term, replacing outgoing Chair Andrew Brooks. McGovern serves as C...
Posted: Jan 06, 2026
Workers' comp carriers face mounting pressures as technology adoption accelerates, according to Guidewire/PwC report. The post
Posted: Jan 06, 2026
Imala Re, the Latin American and Caribbean Property, Motor and Marine treaty reinsurance MGA operating through The Fidelis Partnership’s Pine Walk platform, has announced the appointment of Edward Herrera as Deputy Chief Underwriting Officer. In S...
Posted: Jan 06, 2026
Insurers will return to the market post-renewal to capitalise on favourable conditions and explore additional protections to reduce earnings volatility, including aggregate products and structured solutions, Aon said in its January 2026 Reinsuranc...
Posted: Jan 06, 2026
Advanced Technology Assurance Limited (ATA) has appointed Loren Nickel and Brian Warren to its Board of Directors, subject to customary regulatory approvals. The pair will facilitate building ATA into a property and casualty insurance partner for...
Posted: Jan 06, 2026
American International Group said on Tuesday CEO Peter Zaffino will step down by mid-year and move into the role of executive chair of the board. It named insurance industry veteran Eric Andersen as its new president and CEO-elect to replace …
Posted: Jan 06, 2026
American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced by Aon Plc’s Eric And...
Posted: Jan 06, 2026
American International Group Inc. said Peter Zaffino intends to retire as chief executive officer by midyear, ending a five-year run of improved returns that was marred by recent managerial turmoil. He’ll be replaced by Aon Plc’s Eric And...
Posted: Jan 06, 2026
Peter Zaffino, President and CEO of global insurer American International Group, Inc. (AIG), has informed the firm’s Board that he plans to transition to Executive Chair of AIG and retire as CEO by mid-year 2026, with Aon’s Eric Anders...
Posted: Jan 06, 2026
Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German insurers in 2025, defying the long-term trend for such perils, given the impact of climate change, according to the German...
Posted: Jan 06, 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of David Saillen as Chief Underwriting Officer (CUO) for Europe. Saillen succeeds Pierre-Edouard Fraigneau, who was appointed President of the E...
Posted: Jan 06, 2026
Investment firm Kelso Group Holdings said on Tuesday it had bought 400,000 shares in British travel company firm and submitted proposals to its board aimed at boosting value, including attracting more U.S. investors. Kelso’s investment, worth 1...
Posted: Jan 06, 2026
Skyward Specialty Insurance Group, Inc., a property and casualty specialist insurer, has introduced Skyward Group as the unified brand for the holding company following the successful completion of its acquisition of Lloyd’s specialist Apollo Grou...
Posted: Jan 06, 2026
European officials pledged to support Greenland after US President Donald Trump restarted his campaign to take the self-governed island in the wake of his strike on Venezuela. Across the continent, Europe’s biggest powers expressed solidarity w...
Posted: Jan 06, 2026
UK insurer Admiral Group plc announced it has completed the sale of its U.S. motor insurance business – including Elephant Insurance Co. and Elephant Insurance Services – to J.C. Flowers & Co., the private equity firm, effective from December 31,...
Posted: Jan 06, 2026
Westfield Specialty has appointed Cornelia Röskau as Chief Executive Officer of newly formed Westfield Specialty Europe, which will commence underwriting business in April, subject to regulatory approval. Röskau holds almost 20 years of experience...
Posted: Jan 06, 2026
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we’re living through another financial bubble that’s destined to burst. The answer isn’t so simple, at least...
Posted: Jan 06, 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, has completed the acquisition of Gemini Financial Holdings Corporation and its Olympus subsidiaries. In September 2025, SageSure entered into a defin...
Posted: Jan 06, 2026
Russia is intensifying covert attacks on key infrastructure in Germany in a campaign of hybrid warfare that Berlin views as a possible prelude to a wider conflict, according to a military document obtained by Bloomberg. As Germany positions itself as...
Posted: Jan 06, 2026
HDI Global, an international insurer specialising in commercial and industrial clients, has appointed Hiro Yamasaki as Managing Director and Legal Representative of its Japanese branch. The appointment aligns with the insurer’s broader regio...
Posted: Jan 06, 2026
Global insurer and reinsurer MS Amlin has announced that Phoenix Re, its Asian-focused insurance-linked securities (ILS) vehicle, has been renewed for 2026 to a record $115 million, an increase of $25 million on 2025. As revealed by our ILS-focuse...
Posted: Jan 06, 2026
Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The location of the vessels is unk...
Posted: Jan 06, 2026
Matthew Whyte has joined Willis Re as a broker, bringing 38 years of industry experience to further strengthen the firm’s client support capabilities. Whyte has led client teams across global marine and energy, property and composite accounts, as...
Posted: Jan 06, 2026
European property-catastrophe rate reductions varied by territory at the January 1st 2026 reinsurance renewals, with softening of up to 20%, according to Howden’s latest renewal report, with the firm expecting further softening in this part...
Posted: Jan 06, 2026
Australian insurer IAG has successfully placed its 2026 catastrophe reinsurance program, integrating RACQ Insurance (RACQI) into its main catastrophe cover, whole-of-account quota share (WAQS) arrangements and aggregate stop-loss protection. Reade...
Posted: Jan 06, 2026
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the rebranding of Leopanthera to Ryan Financial Lines, effective January 1, 2026. A specialist in underwriting diversified financial...
Posted: Jan 06, 2026
Global reinsurer Hannover Re has announced the appointment of John Walters as Chief Executive Officer (CEO) and Managing Director of Hannover Life Re of Australasia. Hannover Life Re of Australasia is a specialist provider of insurance and reinsur...
Posted: Jan 06, 2026
Posted: Jan 06, 2026
Posted: Jan 06, 2026
Ross Buchmueller, founder and former CEO of PURE Insurance, will be joining the board of managing general underwriter Private Client Select Insurance Services as chairman. Buchmueller announced Jan. 5 on LinkedIn that he agreed to serve as chair of t...
Posted: Jan 06, 2026
A former vice president at Insight Partners has sued the venture capital firm for wrongful termination and gender discrimination, accusing the prominent investor of keeping women from its highest levels. Katherine Lowry, a consultant and tech company...
Posted: Jan 06, 2026
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance anno...
Posted: Jan 06, 2026
Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state Department of Insurance anno...
Posted: Jan 06, 2026
Georgia lawmakers enacted two consumer-focused statutes that have gone into effect with the New Year that acknowledge and address one simple, but critical fact of life: Time is money. Approved by legislators in May 2025, Georgia Act 277 makes a ̷...
Posted: Jan 06, 2026
Jason Ellison has joined Alliant Insurance Services as senior vice president within its employee benefits group. Based in Nashville, Tennessee, Ellison will serve a national client base, providing strategic guidance across all aspects of employee ben...
Posted: Jan 06, 2026
A U.S. judge on Monday rejected Amazon.com’s bid to dismiss a proposed class-action lawsuit accusing the online retailer of price gouging during the COVID-19 pandemic. U.S. District Judge Robert Lasnik in Seattle, Amazon’s hometown, found...
Posted: Jan 06, 2026
Fire deaths in Massachusetts declined in 2025 from a seven-year high in 2024, according to state fire officials. Excluding fatal motor vehicle collisions with an ensuing fire, Massachusetts recorded 44 fire deaths in 30 fires during 2025, State Fire...
Posted: Jan 06, 2026