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Nippon Export and Investment Insurance (NEXI) has concluded a reinsurance agreement with Export Finance Australia (EFA), aiming to efficiently support exports to third countries and business collaboration by both Japanese and Australian companies....
Posted: Mar 19, 2026
A “one in a million” malfunction during a live fire demonstration over Camp Pendleton last October led to a misfire that rained shrapnel on Interstate 5, striking two California Highway Patrol vehicles, a U.S. Marine Corps investigation f...
Posted: Mar 19, 2026
Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s ass...
Posted: Mar 19, 2026
Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s ass...
Posted: Mar 19, 2026
The Indian government is planning to set up a fund dedicated to supporting insurers providing war-risk cover for ships to and from the country which are travelling through conflict-hit waters in West Asia, according to a report by the Economic Tim...
Posted: Mar 19, 2026
A Philadelphia man has been charged for his alleged role in a vehicle title-washing scheme involving dozens of stolen luxury vehicles valued at nearly $4 million, according to state police and prosecutors. Pennsylvania Attorney General Dave Sunday sa...
Posted: Mar 19, 2026
Indian small and medium exporters are facing payment delays and cash‑flow stress as war‑risk premiums and emergency surcharges drive freight rates sharply higher, the trade ministry said on Thursday. Routes through conflict‑hit West Asia have seen a...
Posted: Mar 19, 2026
Despite an increasingly complex and evolving threat landscape, the terrorism insurance market remains stable and robust, according to Marsh’s recently-published 2026 Global Terrorism Risk Insurance Report. The report highlights that modern terrori...
Posted: Mar 19, 2026
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has launched its new Intellectual Property (IP) Consortium at Lloyd’s, covering $40 million in line size to cater...
Posted: Mar 19, 2026
In a statement accompanying the firm’s annual report, Patrick Tiernan, CEO of Lloyd’s, described the future of the market’s infrastructure as an ecosystem of intelligent solutions, built on common data standards and interoperability, with a...
Posted: Mar 19, 2026
Accelerant Holdings, a services and data platform for the specialty insurance market, has reported total revenues of $912.9 million for full year 2025, a 51.5% increase from $602.6 million in 2024. For the year, exchange written premium amounted t...
Posted: Mar 19, 2026
The number of companies suing for tariff refunds has spiked in recent weeks, a sign that many importers aren’t confident yet in the Trump administration’s plans to create a claims process after the US Supreme Court struck down the preside...
Posted: Mar 19, 2026
Specialist Lloyd’s broker New Dawn Risk has appointed Roma Kanabar as its new Head of Finance, effective immediately, based in London. With the new role, Kanabar will join New Dawn Risk’s senior management team and play a crucial role in providing...
Posted: Mar 19, 2026
Insurance Business Magazine - US
Posted: Mar 19, 2026
Rokstone, an international specialty re/insurance managing general agent (MGA), has announced three new leadership appointments, including Nadine Kearney’s promotion to Chief Underwriting and Risk Officer. Kearney will also join the Rokstone Board...
Posted: Mar 19, 2026
Although global insured losses in 2025, at $107 billion, fell below the long-term natural catastrophe trend, secondary perils, including wildfires, severe convective storms (SCS) and floods, accounted for a record 92% of the total, according to a...
Posted: Mar 19, 2026
Through much of the year, of course, terminations are fairly singular. They’re one-offs, only happening when an agent leaves their agency or the industry, if someone commits a crime and loses their license, or when someone dies. Yet, there are...
Posted: Mar 19, 2026
Newline Group, a specialty insurance provider, has announced the appointment of Christopher Moy as Head of Professional Indemnity. In his new role, Moy will be based in London and will report to Andy Pecover, Chief Underwriting Officer at Newline...
Posted: Mar 19, 2026
Lloyd’s, the specialist insurance and reinsurance marketplace, generated profit after tax of £10.6 billion in 2025, an increase of $1 billion on the prior year, as gross written premium (GWP) rose by 4.2% year-on-year to £57.9 billion, refle...
Posted: Mar 19, 2026
Posted: Mar 19, 2026
International insurance markets are entering a new phase of the cycle. Rates have become increasingly competitive across the majority of businesses classes for some time, with recent market reports estimating that rates declined 4% in the fourth quar...
Posted: Mar 19, 2026
Berkshire Hathaway Specialty Insurance (BHSI) has launched surety capabilities in Ireland and appointed Sean Mulvey to lead the new product line as Head of Surety. Based in Dublin, Mulvey brings more than a decade of surety underwriting and corpor...
Posted: Mar 19, 2026
HSB, a specialty insurer and part of Munich Re, has introduced a new liability insurance coverage that protects businesses from lawsuits arising from the use of artificial intelligence (AI) technologies. The AI Liability Insurance is designed for...
Posted: Mar 19, 2026
Sodalis Capital, a B.P. Marsh portfolio company, has acquired 100% of the the issued share capital of Amiga Specialty, an independent international Managing General Agent (MGA), from B.P. Marsh, the specialist private equity investor in early-stag...
Posted: Mar 19, 2026
Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has welcomed Hitesh Patel as an independent non-executive director on its Board and the Board of its parent, Pension Insurance Corporation Group Limi...
Posted: Mar 19, 2026
Artificial intelligence tools that can be used to create nonconsensual sexual images may be banned in the European Union, following outcry after users used Elon Musk’s Grok service to generate thousands of undressed pictures of women and childr...
Posted: Mar 19, 2026
Colonnello brings more than 20 years of experience in insurance and risk management, with a background advising organizations on complex risk strategies and delivering tailored solutions aligned with business objectives.
Posted: Mar 19, 2026
Soichiro brings 13 years of insurance and reinsurance experience across Asia to the role.
Posted: Mar 19, 2026
A proposal from the UN’s shipping agency on Wednesday calls for a safe maritime corridor to free some 20,000 seafarers stranded in the Gulf by war in Iran. Hundreds of vessels have dropped anchor since Tehran threatened to attack ships …
Posted: Mar 19, 2026
Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime fo...
Posted: Mar 19, 2026
Prevention efforts are making a substantial dent in vehicle thefts across the nation, according to newly released data by the National Insurance Crime Bureau (NICB). The non-profit organization dedicated to preventing and combating insurance crime fo...
Posted: Mar 19, 2026
The European Union on Monday imposed sanctions against two China-based and one Iranian company for cyberattacks against EU member states. The EU listed China-based Integrity Technology Group and Anxun Information Technology, and Iranian company Emenn...
Posted: Mar 19, 2026
Tesla Inc. was sued by the sole survivor of a 2024 Cybertruck crash in California that killed three college students who were unable to escape the burning vehicle, the latest in a growing body of litigation faulting the automaker’s electrically...
Posted: Mar 19, 2026
Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...
Posted: Mar 19, 2026
Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...
Posted: Mar 19, 2026
Florida’s $833 million My Safe Florida Home mitigation program is as popular as ever, providing grants for homeowners to harden their homes and install new roofs. But it’s wasteful, is a tax-dollar giveaway, and has some glaring issues th...
Posted: Mar 19, 2026
A cardiology business and three physicians in Arizona were ordered to pay $4.75 million to resolve allegations they performed medically unnecessary vein ablations. Tri-City Cardiology, P.C., a physician group based in the metro area of Phoenix, and t...
Posted: Mar 19, 2026
An employee has been awarded workers’ compensation benefits after being injured when performing a “common courtesy” even though her employer maintains what she did was outside the course and scope of her employment. The Virginia Wor...
Posted: Mar 19, 2026