All Posts

$182M Settlement Reached in Deadly 2015 New York Commuter Train Crash

Carrier Management

$182M Settlement Reached in Deadly 2015 New York Commuter Train Crash A more than $182 million settleme...

Posted: Jan 14, 2026

Hiscox strengthens delegated authority and alternative risk solutions with new division

Reinsurance News

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

Nick Line joins CFC as Chief Underwriting Officer

Reinsurance News

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

People Moves: AXA XL Reinsurance Promotes Longbottom and Pedro; Matthias Appointed Global Head of Zu...

Insurance Journal

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

Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results

Insurance Journal

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

Cyber tops global business risks as AI surges: Allianz Risk Barometer 2026

Reinsurance News

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 Agrees to Mediation That Could Resolve EEOC’s Racism Lawsuit

Insurance Journal

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

Trade and War Worries Haunt Davos as World Seen ‘on a Precipice’: WEF Survey

Insurance Journal

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 Widens, Says Survey

Insurance Journal

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 expands capacity to strengthen support for data centres and digital infrastructure

Reinsurance News

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

2025 Was World’s Third-Warmest Year on Record: EU Scientists

Insurance Journal

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

Update: 2025 Among World’s Three Hottest Years on Record: WMO

Insurance Journal

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

2025 Among World’s Three Hottest Years on Record: WMO

Insurance Journal

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

ESA and LM Re sign MoI to explore potential of space applications in insurance

Reinsurance News

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 Launches Global Specialty Platform in London

Insurance Journal

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 strengthens European Media PI team

Reinsurance News

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 Reinsurance announces key leadership promotions

Reinsurance News

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 Hit Two Tankers in Black Sea, Driving Up War Insurance Costs

Insurance Journal

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

Grant Hollyman joins Gallagher Re from Aon to lead Australia & New Zealand operation

Reinsurance News

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 launches London-based Global Specialty platform

Reinsurance News

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

UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk

Insurance Journal

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 Mulls $1 Billion Sale of London Insurance Broker McGill

Insurance Journal

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

Geopolitical divides and tech challenges top 2026 risk agenda: Marsh & Zurich

Reinsurance News

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 unveils changes to Executive Committee with Philipp Rüede named Group CFO

Reinsurance News

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

Beazley’s new Bermuda entity receives PCA from AM Best

Reinsurance News

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

Global property cat rate declines below consensus at 1.1 renewals: Jefferies

Reinsurance News

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

Carrier Management

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

Carrier Management

Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report...

Posted: Jan 14, 2026

Aon lifts Data Center Lifecycle Insurance Program to $2.5bn

Reinsurance News

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

Markets/Coverages: Aon Expands Data Center Lifecycle Insurance Program to $2.5B

Insurance Journal

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

United Risk to acquire DUAL North America’s Crisis Management Program

Reinsurance News

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 appoints Alix McCabe as Chief Strategy Officer, NA

Reinsurance News

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

BirdsEyeView secures funding to accelerate expansion and product development

Reinsurance News

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

Robin Matthias to succeed Dirk De Nil as Global Head of Zurich Resilience Solutions

Reinsurance News

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

Cyber Threats Dominate Global Risk Landscape as AI Emergence Reshapes 2026 Outlook

Risk & Insurance

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

India Digital Insurer Acko Said to Seek Banks for $350 Million India IPO

Insurance Journal

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

EPA Aims to Speed Permitting for Energy, AI Infrastructure With Rule Change

Insurance Journal

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

Fleets Must Stay on Top of Changes in Risk Location, Volume, and Driving Behavior to Reduce Crashes

Insurance Journal

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

Fleets Must Stay on Top of Changes in Volume and Behavior to Reduce Crashes

Insurance Journal

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

Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates

Insurance Journal

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