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$182M Settlement Reached in Deadly 2015 New York Commuter Train Crash A more than $182 million settleme...
Posted: Jan 14, 2026
Hiscox London Market is strengthening its position in the delegated authority and alternative risk sectors with the launch of a new division, Hiscox Portfolio Solutions. The division will consist of four distinct but complementary teams: Alternati...
Posted: Jan 14, 2026
Specialist insurance provider, CFC has announced the appointment of Nick Line as Chief Underwriting Officer (CUO), taking over the role from Matt Taylor, who has served as interim CUO since February 2025. A former CUO at Markel International, Line...
Posted: Jan 14, 2026
This edition of International People Moves details appointments at AXA XL Reinsurance and Zurich Insurance Group. A summary of these new hires follows here. AXA XL Reinsurance Promotes Longbottom and Pedro AXA XL Reinsurance announced it has promoted...
Posted: Jan 14, 2026
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another potential 2.0-point decline by 2030. While both report...
Posted: Jan 14, 2026
Allianz Risk, part of the Allianz Group and a provider of insurance solutions and risk consulting for commercial and corporate clients, has published the Allianz Risk Barometer 2026, outlining the most significant risks expected to affect business...
Posted: Jan 14, 2026
Tesla agreed to enter mediation that could resolve the U.S. Equal Employment Opportunity Commission’s lawsuit accusing Elon Musk’s electric car maker of tolerating severe and widespread harassment of Black employees at its Fremont, Califo...
Posted: Jan 14, 2026
A global backdrop increasingly threatened by trade disputes and inter-state conflict is how respondents in a World Economic Forum survey see things panning out in 2026. The annual poll of 1,300 leaders and experts by the organization that will next &...
Posted: Jan 14, 2026
Consumer acceptance of telematics technology in auto insurance is growing, creating opportunity for insurers who can cater to tech-driven drivers who crave personalized pricing and service. Today, 82% of policyholders view telematics apps positively,...
Posted: Jan 14, 2026
FM, a commercial property insurer, has announced a major increase in capacity to support its global FM Intellium clients and the data and power generation sectors, providing unmatched coverage limits and risk management expertise. Building on near...
Posted: Jan 14, 2026
The planet experienced its third-warmest year on record in 2025, and average temperatures have exceeded 1.5 degrees Celsius of global warming over three years, the longest period since records began, EU scientists said on Wednesday. The data from the...
Posted: Jan 14, 2026
Last year was among the planet’s three warmest on record, the World Meteorological Organization said on Wednesday, as EU scientists also confirmed average temperatures have now exceeded 1.5 degrees Celsius of global warming for the longest sinc...
Posted: Jan 14, 2026
Last year was among the planet’s three warmest on record, the World Meteorological Organization said on Wednesday, as EU scientists also confirmed average temperatures have now exceeded 1.5 degrees Celsius of global warming for the longest sinc...
Posted: Jan 14, 2026
The European Space Agency’s (ESA) Business Applications and Space Solutions (BASS) has signed a Memorandum of Intent (MoI) with Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, marking the start of a three-year collabora...
Posted: Jan 14, 2026
Sedgwick, the Memphis, Tennessee-based risk and claims administration provider, announced the launch of its Sedgwick Global Specialty platform in London, a dedicated solution designed to handle the largest and most complex losses. The platform repres...
Posted: Jan 14, 2026
QBE, an international insurance provider, has welcomed Lucy Smith and Hannah Dennis ahead of the rollout of its new Media Professional Indemnity (PI) product for its European Operations division. Smith joins as Senior Media PI Underwriter, and Den...
Posted: Jan 14, 2026
AXA XL, a re/insurer, has announced key promotions within its reinsurance division, effective 1 January 2026, Julian Longbottom has been promoted to Global Head of Marine & Energy, Reinsurance, while Jamie Pedro has been appointed Head of Spec...
Posted: Jan 14, 2026
Drones struck two oil tankers in the Black Sea on Tuesday, including one chartered by U.S. oil major Chevron, the companies involved said, as they sailed toward a terminal on the Russian coast. Both were en route to the Yuzhnaya …
Posted: Jan 14, 2026
Global reinsurance broker Gallagher Re has appointed Grant Hollyman as Chief Executive Officer (CEO) of Australia & New Zealand, based in the firm’s Sydney office, Reinsurance News understands. Hollyman will join Gallagher Re from Aon in...
Posted: Jan 14, 2026
Sedgwick has launched a new Global Specialty platform, which the firm describes as a forward-looking, dedicated solution for managing the largest and most complex losses. According to Sedgwick, the new Global Specialty platform reflects its respon...
Posted: Jan 14, 2026
The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a fresh study by Britain’s main association of actuaries. The Institute and Faculty of Actuaries, which conducted its stu...
Posted: Jan 14, 2026
Warburg Pincus is considering a possible sale of UK insurance broker McGill and Partners, according to people familiar with the matter. The private equity firm has held early talks with potential advisers to explore options for London-based McGill, t...
Posted: Jan 14, 2026
Commenting on the World Economic Forum’s Global Risks Report 2026, Marsh and Zurich have highlighted deepening geopolitical divides, alongside mounting technological and societal challenges, as key forces shaping the business landscape in the year...
Posted: Jan 14, 2026
SCOR, the Paris-headquartered global reinsurance company, has promoted Philipp Rüede to Group Chief Financial Officer (CFO), taking over from François de Varenne, with new roles also announced for Pilar Santamaria Cases and Laure Forgeron. These c...
Posted: Jan 14, 2026
AM Best has assigned a Preliminary Credit Assessment (PCA) to Beazley Bermuda Insurance Limited (BBIL), the London-headquartered specialist insurer and reinsurer’s new Bermuda entity. BBIL received a Financial Strength Assessment of A pca (Excelle...
Posted: Jan 14, 2026
The reinsurance investor community were bracing for average reinsurance rates for Global Property Catastrophe Reinsurance to drop between -15% and -20% at the January 1st renewals, a more pessimistic result to the estimated -12% to -15% reported b...
Posted: Jan 14, 2026
ATA Launches $750M Insurance Facility for AI Infrastructure Boom Advanced Technology As...
Posted: Jan 14, 2026
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report...
Posted: Jan 14, 2026
Global insurance and reinsurance broking group Aon has expanded its proprietary Data Center Lifecycle Insurance Program (DCLP) by $1 billion, or 67% taking total capacity to $2.5 billion, driven by greater investment in cloud computing, artificial...
Posted: Jan 14, 2026
Aon said it has expanded the capacity available in it Data Center Lifecycle Insurance Program from $1 billion to $2.5 billion. The expansion responds to accelerating global investment in cloud computing, artificial intelligence and digital infrastruc...
Posted: Jan 14, 2026
Hayden Smith, CEO of United Risk, an international property and casualty insurance underwriting and distribution platform, has announced that the company has signed an agreement to acquire DUAL North America’s Crisis Management program and underwr...
Posted: Jan 14, 2026
Coface, a provider of credit insurance and risk management solutions, has announced the appointment of Alix McCabe as Chief Strategy Officer for North America. In her new role, McCabe will guide strategy and growth initiatives across markets, prod...
Posted: Jan 14, 2026
Insurtech BirdsEyeView has announced that it has secured an undisclosed seven-figure investment to support continued international expansion and the development of its wildfire model. Backed by the European Space Agency, BirdsEyeView provides glob...
Posted: Jan 14, 2026
Posted: Jan 14, 2026
Robin Matthias has been appointed Global Head of Zurich Resilience Solutions, effective March 1, 2026, taking over the role from Dirk De Nil, who is retiring after more than three decades in the industry. Matthias is set to lead over 1,000 risk ex...
Posted: Jan 14, 2026
Allianz Risk Barometer shows cyber incidents maintaining top spot for fifth consecutive year, while AI surges to second position amid interconnected business challenges. The post
Posted: Jan 14, 2026
Indian digital insurer Acko Technology & Services Pvt. has invited pitches from investment banks for a potential initial public offering to raise as much as $350 million, according to people familiar with the matter. The IPO, which may include a...
Posted: Jan 14, 2026
The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule...
Posted: Jan 14, 2026
While severe collisions declined last year, many factors influence commercial driving behavior. Though seasonal changes and distractions are expected, geopolitical factors add to less predictable freight patterns, shifting driving hazards inland. Uti...
Posted: Jan 14, 2026
While severe collisions declined last year, many factors influence commercial driving behavior. Though seasonal changes and distractions are expected, geopolitical factors add to less predictable freight patterns, shifting driving hazards inland. Uti...
Posted: Jan 14, 2026
Two independent claims adjusters in the Southeast have teamed up to create what they say is a quick, low-cost way for property owners to double-check insurance carriers’ damage estimates on claims. They’re calling it “CarFax for pro...
Posted: Jan 14, 2026