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CEA’s total reinsurance limit rose to $7.912bn at year-end 2025

Reinsurance News

The California Earthquake Authority’s (CEA) total traditional reinsurance limit amounted to $5.037 billion at the end of 2025, which combined with in-force protection from catastrophe bonds of $2.875 billion, saw the entity’s total risk tran...

Posted: Mar 16, 2026

Only 3 in 10 Americans Review Insurance Annually, Says Big I Survey

Carrier Management

Only 3 in 10 Americans Review Insurance Annually, Says Big I Survey Though people understand...

Posted: Mar 16, 2026

The Hidden Risk of Underreporting — Part 1: How Silica Overexposure Becomes a Silent Threat

Risk & Insurance

Underreported silica-related symptoms quietly put workers at risk of serious, lasting harm. The post The Hidden...

Posted: Mar 16, 2026

AIG, McGill Announce Collaboration to Potentially Transform Subscription Market

Insurance Journal

McGill and Partners and American International Group said they collaborating to perhaps disrupt the subscription market—using agentic artificial intelligence to deploy capital to clients. AIG said the digital-first platform of the London-based indepe...

Posted: Mar 16, 2026

Iran War Should Trigger Faster Exit From Fossil Fuel Dependence: UN Climate Chief

Insurance Journal

The disruption to energy markets caused by the Iran war is a lesson on the risks of relying on fossil fuels which should drive governments to wean their economies off oil and gas faster, the U.N. climate secretary told Reuters …

Posted: Mar 16, 2026

Fitch downgrades ARC’s ratings on sustained earnings volatility

Reinsurance News

Fitch Ratings has downgraded African Risk Capacity (ARC Ltd.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘A-’ and its Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB+’, reflecting a decline in the firm’s standalone credit qu...

Posted: Mar 16, 2026

SiriusPoint Restructures Business, Now Operating Through Four Business Areas

Insurance Journal

SiriusPoint Ltd., the Bermuda-based specialty underwriter, announced changes to its business structure as part of the next phase of the company’s evolution. SiriusPoint will now operate through four business areas, including three globally focu...

Posted: Mar 16, 2026

McGill and AIG collaborate to transform subscription market with AI-driven underwriting

Reinsurance News

McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI. As part of the collaboration, AIG conducted a d...

Posted: Mar 16, 2026

Atrium appoints James Lakin as Head of Outwards Reinsurance

Reinsurance News

Atrium, a leading specialty insurer at Lloyd’s, has announced the appointment of James Lakin as Head of Outwards Reinsurance. In this position, he will lead the design and placement of Atrium’s outward reinsurance programmes, ensuring the strategy...

Posted: Mar 16, 2026

A Backlash Against Data Centers Is Spilling Into French Municipal Election Races

Insurance Journal

In the town of Le Bourget outside Paris, Sofiane Milous, a candidate in France’s municipal elections, is vowing to reverse plans for a data center he says will intensify heat islands, worsen noise pollution and create few local jobs. The &#8230...

Posted: Mar 16, 2026

QBE Re names Soichiro Tanaka as Head of Southeast Asia

Reinsurance News

QBE Re, the reinsurance arm of insurer QBE Insurance Group, has named Soichiro Tanaka as its new Head of Southeast Asia. Tanaka has more than 13 years of experience in insurance and reinsurance markets across Asia. He joins from Aspen Insurance Ho...

Posted: Mar 16, 2026

Price Forbes Singapore expands treaty reinsurance team with senior hires

Reinsurance News

Global specialty broker Price Forbes continues to expand its newly formed treaty reinsurance team in Singapore with four senior appointments – Bruce Ford, Goh Thian Leong, Mark Foster, and Florence Lam Puoy Yin. These appointments follow the recen...

Posted: Mar 16, 2026

Allianz SE announces Board of Management changes ahead of 2027 transition

Reinsurance News

Allianz SE, the German multinational financial services and insurance group headquartered in Munich, has announced a series of leadership and portfolio changes within its Board of Management as part of long-term succession planning and organisatio...

Posted: Mar 16, 2026

Why Is it so Easy for Iran to Shut the Strait of Hormuz?

Insurance Journal

Following through on an old threat, Iran has effectively closed the Strait of Hormuz, cutting off a vital waterway that normally carries about a fifth of global oil and liquefied natural gas supplies, in retaliation for U.S.-Israeli strikes. As oil &...

Posted: Mar 16, 2026

Echo Re opens branch in India’s fast growing GIFT City

Reinsurance News

Zurich-based reinsurer Echo Re has received approval from the International Financial Services Centres Authority (IFSCA) of India to establish a reinsurance branch office in Gujarat International Finance Tec-City (GIFT City), strengthening its ope...

Posted: Mar 16, 2026

Iowa Enacts Law Banning Local Gender Identity Protections

Insurance Journal

A new Iowa law bans local nondiscrimination protections on the basis of gender identity after the state became the first in the U.S. to rollback its civil rights code last year. The preemption law took effect Tuesday, as soon as …

Posted: Mar 16, 2026

Escalating Middle East conflict may trigger risk repricing in reinsurance: AM Best

Reinsurance News

A new AM Best report has warned that if the ongoing Middle East conflict continues or escalates, reinsurers may need to reassess their risk exposure, with renewals becoming a critical inflection point for the sector in regional markets. According...

Posted: Mar 16, 2026

After a Decade of Missteps, Corpus Christi Careens Toward Water Catastrophe

Insurance Journal

The imminent depletion of water supplies in Corpus Christi threatens to cut off the flow of jet fuel to Texas airports and other oil exports from one of the nation’s largest petroleum ports, triggering potential shockwaves through energy market...

Posted: Mar 16, 2026

Incline strengthens executive leadership team

Reinsurance News

Incline, an insurance program market services firm, has announced the promotion of Andrew McLennan to Chief Risk Officer, and the appointment of Rob Strickland as Chief Information Officer. “These leadership decisions reflect our focus on bu...

Posted: Mar 16, 2026

Lyft Settlement Ensures Rights of Disabled Passengers with Service Animals

Insurance Journal

The ride-sharing company Lyft will ensure the rights of blind and other disabled passengers across the country to travel with their service animals under a settlement announced in Minnesota on Wednesday. College student Tori Andres turned to the Minn...

Posted: Mar 16, 2026

Wild Weather Halts Flights, Dumps Snow and Knocks Out Power

Insurance Journal

Blizzards, wildfires and thunderstorms swirling toward the eastern US have knocked out power to thousands and grounded hundreds of flights across the Midwest. Heavy snow touched off blizzard warnings from South Dakota to Michigan’s Upper Penins...

Posted: Mar 16, 2026

Arrowhead Programs establishes Arrowhead Public Entity practice group

Reinsurance News

Arrowhead Programs, a managing general agency that designs and administers specialty insurance programmes, has announced the formation of Arrowhead Public Entity, a practice group dedicated to public-sector insurance. The new group combines public...

Posted: Mar 16, 2026

US Judge Orders Funding of Consumer Watchdog Agency to Continue

Insurance Journal

A federal judge on Friday ordered the Trump administration to continue funding the U.S. Consumer Financial Protection Bureau indefinitely, saying top officials had unlawfully relied on deficient legal advice to justify their refusal to do so. The rul...

Posted: Mar 16, 2026

EPA Moves to Weaken Pollution Limits on Ethylene Oxide

Insurance Journal

The Environmental Protection Agency proposed Friday to weaken air pollution limits on a chemical used to sterilize medical equipment, a move that would reverse a Biden administration finding of high cancer risks at manufacturing facilities that use e...

Posted: Mar 16, 2026

Busiest US Seaport in LA Largely Insulated From Iran War Disruptions, Executive Director Says

Insurance Journal

The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday. The Iran war has...

Posted: Mar 16, 2026

AM Best Revises Outlooks to Stable for Farmers Mutual Fire

Insurance Journal

AM Best reports it has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Farmers Mutual Fire Insurance Company of Marble,...

Posted: Mar 16, 2026

Busiest US Seaport Largely Insulated From Iran War Disruptions, Exec Director Says

Insurance Journal

The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday. The Iran war has...

Posted: Mar 16, 2026

Uber And Motional Launch Commercial Robotaxi Service in Las Vegas

Insurance Journal

Uber and Hyundai Motor-backed autonomous vehicle firm Motional launched a commercial robotaxi service in Las Vegas on Friday, the latest in a string of similar tie-ups as the ride-hailing platform doubles down on its self-driving taxi strategy. Relat...

Posted: Mar 16, 2026

Repairs Completed on Ruptured Pipe That Leaked Sewage Into Potomac River

Insurance Journal

The massive sewage pipe that ruptured and leaked millions of gallons of raw waste into the Potomac River returned to operation Saturday after the completion of emergency repairs. DC Water, the utility that runs Washington’s water and sewage sys...

Posted: Mar 16, 2026

Willis launches model to quantify celebrity endorsement risk

coverager

The tool helps companies assess and manage risks tied to celebrity partnerships.

Posted: Mar 15, 2026

Mosaic Insurance partners with Munich Re

coverager

Mosaic Insurance partnered with Munich Re to offer insurance that covers financial losses when AI models fail to meet defined performance thresholds, providing up to $15 million in capacity for AI developers and vendors.

Posted: Mar 15, 2026

Centro partners with The Hartford

coverager

Centro Benefits Research added The Hartford to its API powered RFP and digital quoting ecosystem, expanding its platform used by leading U.S. brokers.

Posted: Mar 15, 2026

Cotality appoints former USAA CEO Wayne Peacock to board

coverager

Peacock brings 36 years of financial services leadership, including overseeing banking, insurance, and retirement offerings for more than 14 million members during his tenure at USAA.

Posted: Mar 15, 2026