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RGA appoints Jayson Bronchetti as EVP, Investments

Reinsurance News

Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has announced the appointment of Jayson Bronchetti as Executive Vice President, Investments, effective 2nd March 2026. Bronchetti will succeed Leslie Barbi, who...

Posted: Mar 02, 2026

Greenpeace Faces $345M Judgment in North Dakota Court

Insurance Journal

Greenpeace is fighting for its life in North Dakota’s court system, where a judge has decided to order the environmental group to pay an expected $345 million to an energy company whose Dakota Access oil pipeline construction drew protests near...

Posted: Mar 02, 2026

Anthropic’s Claude Chatbot Goes Down for Thousands of Users

Insurance Journal

Anthropic PBC’s artificial intelligence chatbot Claude and related consumer-facing applications went down on Monday, with the startup saying it has been grappling with “unprecedented demand” for its services over the past week. Near...

Posted: Mar 02, 2026

When seizure transforms into theft

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS When seizure transforms into theft DS Avionics Unlimited LLC (DSA) found itself in an unusual situation. DSA delivered its 1964 Piper PA-30 aircraft to a plane me...

Posted: Mar 02, 2026

Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates

Carrier Management

Marine Insurers Cancel War Risk Cover as Iran Conflict...

Posted: Mar 02, 2026

Canada Life completes £80m pensions buy-in with Safeway Pension Scheme

Reinsurance News

Canada Life, an insurance and financial services company, has completed an £80 million buy-in transaction with the Safeway Pension Scheme, insuring the future benefits of more than 350 deferred members and 1,450 pensioners. The Safeway Pension Sch...

Posted: Mar 02, 2026

Controlled substance exclusion didn’t control loss

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Controlled substance exclusion didn’t control loss In July 2019, Christoffer, son of Denise and Owen Cox (Coxes), visited the home of his friend, Ryan Zinkweg. A...

Posted: Mar 02, 2026

Can’t award damages that haven’t been determined

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Can’t award damages that haven’t been determined Malcolm Wiener (Wiener) faced an insurability problem due to a company’s error after his life insurance coverage...

Posted: Mar 02, 2026

Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent

Insurance Journal

NASCAR racing star Kyle Busch and his wife have settled an $8.5 million lawsuit they brought against Pacific Life Insurance and an insurance agent that alleged the insurer and agent misled the couple and caused them to lose millions of …

Posted: Mar 02, 2026

Novartis Settles Lawsuit by Lacks’ Estate Over ‘Stolen’ Cells

Insurance Journal

Novartis has settled a lawsuit by the estate of Henrietta Lacks that alleged the pharmaceutical giant unjustly profited off her cells, which were taken from her tumor without her knowledge in 1951 and reproduced in labs to enable major medical &#8230...

Posted: Mar 02, 2026

California Is Reconsidering Nuclear Energy After 50-Year Ban

Insurance Journal

Amid a worldwide resurgence of interest in nuclear energy, cracks are showing in California’s 50-year-old moratorium on the technology as artificial intelligence spikes electricity demand and the state struggles to meet its climate goals. New s...

Posted: Mar 02, 2026

LEADING THROUGH THE PAUSE

Rough Notes

The L.E.A.D. framework  [Menopause] is more than personal; it is a silent leadership crisis within organizations. By Meg McKeen, CIC Menopause is clinically defined by the Mayo Clinic as the permanent end of menstruation and fertility due to a change...

Posted: Mar 02, 2026

Swiss Re CorSo appoints Robert Kell as Customer & Distribution Manager ANZ

Reinsurance News

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Robert Kell as Customer & Distribution Manager ANZ, based in Sydney. Kell brings experience across wealth management, insurance and reinsur...

Posted: Mar 02, 2026

The Benefits Of Random Acts Of Kindness In Your Community

Rough Notes

True benevolence sets an example in one’s community Agency activities outside of the normal flow of business build teamwork and relationships between and among employees. By Scott Naugle Engaging in random acts of kindness for your local community ha...

Posted: Mar 02, 2026

Businesses now face material threat from rising gray-zone aggression, says Willis

Reinsurance News

“Gray zone aggressions” – ambiguous, deniable and strategically choreographed tactics that sit between peace and war – has evolved into a material threat for businesses, warns a new report from The Willis Research Network and Elisabeth...

Posted: Mar 02, 2026

Deep Freeze and Drought Fueled a Massive Florida Wildfire

Insurance Journal

Firefighters in southwest Florida on Friday continued battling an expansive blaze on a federal nature preserve as an unusually intense winter drought grips the state. The National Fire has burned more than 25,700 acres — an area larger than Manhattan...

Posted: Mar 02, 2026

WHAT IS THE NAIC?

Rough Notes

No one can say for sure Occasionally, states reference suggestions made by the NAIC in statute or rule; however, asserting that those references equate with creating an instrumentality strains credulity beyond the breaking point. By Kevin P. Hennosy...

Posted: Mar 02, 2026

SEC Gave Companies More Power Over Investors but Lawsuits Pushed Them Back

Insurance Journal

A new federal approach giving U.S. companies more say over which proposals shareholders can vote on at their annual meetings is creating regulatory uncertainty and leading to litigation, activists said. The U.S. Securities and Exchange Commission in...

Posted: Mar 02, 2026

Rokstone launches Rokstone Velocity and appoints senior casualty specialists

Reinsurance News

Rokstone, the international specialty re/insurance managing general agent, has expanded its casualty capabilities with two senior appointments and the creation of Rokstone Velocity, a dedicated division focused on underwriting complex risks arisin...

Posted: Mar 02, 2026

Amazon’s AWS Reports Outage After UAE Data Center Struck by ‘Objects’

Insurance Journal

Amazon’s cloud-computing facilities in the Middle East faced power and connectivity issues on Monday after unidentified “objects” struck its data center in the United Arab Emirates. The objects had triggered a fire on Sunday that fo...

Posted: Mar 02, 2026

Fidelis Insurance to repurchase all remaining CVC Falcon shares

Reinsurance News

Fidelis Insurance Holdings, a strategic capital allocator and risk selector in specialty insurance and reinsurance, has entered into a definitive agreement to repurchase all remaining common shares held by CVC Falcon Holdings Limited (CVC), for an...

Posted: Mar 02, 2026

HIVE expands into Political Violence & Terrorism with Stuart Harmer appointment

Reinsurance News

HIVE Underwriters, an independent specialty MGA, has expanded into the Political Violence & Terrorism (PVT) insurance market with the hire of Stuart Harmer as Class Underwriter, PVT. The move marks a further step in HIVE’s evolution into a mul...

Posted: Mar 02, 2026

Ki sees profit rise by 50% in first year as standalone company

Reinsurance News

Algorithmic Lloyd’s digital follow platform, Ki, has delivered record results for the full year 2025, as profit after tax grew by 50% to $110.4 million compared to $73.6 million in FY’24. Ki’s total gross managed premium (GMP) for FY’25 hit $1.11...

Posted: Mar 02, 2026

Insurance-Linked Securities Market Soars Amid Capital Influx

Risk & Insurance

Investors deployed record $24.7 billion in catastrophe bonds during 2025, with booming demand from capital inflows and limited loss activity: Swiss Re. The post

Posted: Mar 02, 2026

Munich Re announces leadership transition at Capital Partners unit

Reinsurance News

Munich Re, the global reinsurance and risk management company headquartered in Germany, has announced that Leonie Schubert will assume the role of Global Head of Capital Partners, effective 1 March 2026. From March through June 2026, Schubert will...

Posted: Mar 02, 2026

Reinsurers likely to raise prices & reduce capacity in the Gulf amid Iran conflict: Morningstar DBRS

Reinsurance News

The Iran conflict adds to a series of recent geopolitical crises that have already pressured marine and aviation insurers’ profitability, with Morningstar DBRS stating that reinsurers are likely to respond by raising attachment points or reducing...

Posted: Mar 02, 2026

Insurers Urge Australia to Launch $21 Billion Flood Defense Fund

Insurance Journal

Insurers in Australia are urging legislators to set up a A$30 billion ($21.4 billion) flood defense fund as the nation grapples with surging costs from extreme weather events. Funding would be used on tasks including the addition of more flood-protec...

Posted: Mar 02, 2026

CyberCube updates Account Manager to support expansion of cyber portfolios

Reinsurance News

CyberCube, a cyber risk analytics provider serving the insurance industry, has introduced Version 6 of its single-risk underwriting platform, Account Manager, in a release the company said is expected to help carriers scale their cyber books. Cybe...

Posted: Mar 02, 2026

Hedge Funds, Insurers Rush to Gauge Exposure as Iran Spirals

Insurance Journal

Hedge funds, banks and insurers rushed to size up their exposure to the Middle East after weekend attacks on Iran fueled chaos across the region. Some of Taiwan’s largest life insurers, including Cathay Life Insurance Co. and Nan Shan Life &#82...

Posted: Mar 02, 2026

Cynthia Sze to lead Liberty’s unified Hong Kong unit as CEO

Reinsurance News

Liberty, part of Liberty Mutual Insurance Group, a property and casualty insurer, has appointed Cynthia Sze as Chief Executive Officer (CEO), Hong Kong, effective May 2026, subject to regulatory approval. Liberty’s Hong Kong entity will be unified...

Posted: Mar 02, 2026

Travel Chaos Worsens as Iran Conflict Shuts Mideast Airports

Insurance Journal

Travel chaos extended through the Middle East and beyond, sending airline stocks sharply lower on Monday, as carriers across the Persian Gulf extended blanket flight suspensions, causing major disruptions at some of the world’s busiest airports...

Posted: Mar 02, 2026

Marine hull insurance rates in the Gulf could rise 50% due to Iran conflict: Marsh

Reinsurance News

According to Dylan Mortimer, Marine Hull UK War Leader, Marsh, there could be near-term rate increases for the Marine Hull line of business in the Gulf of 25-50%, while other reports reveal that some underwriters have reacted swiftly and cancelled...

Posted: Mar 02, 2026

Clear Blue appoints Miles Allkins as EVP, Chief Risk Officer

Reinsurance News

Clear Blue Insurance Group, a US fronting insurance carrier specialising in program business, has appointed Miles Allkins as Executive Vice President (EVP), Chief Risk Officer. In this role, Allkins will lead enterprise risk, pricing governance, c...

Posted: Mar 02, 2026

Waiting for Hormuz, More Oil Tankers Gather in the Persian Gulf

Insurance Journal

Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have all but closed off the waterway, upending regional logistics, slowing exports and threatening near-term production. At least 40 very-l...

Posted: Mar 02, 2026

Belgium Seizes Suspected Russian Shadow Fleet Tanker

Insurance Journal

Belgium seized an oil tanker belonging to the Russian shadow fleet on Sunday and suspected of sailing with a “false flag and false documents,” Belgian Defence Minister Theo Francken said. Western sanctions imposed on Russia for invading U...

Posted: Mar 02, 2026

Steadfast’s underlying revenue rises 14.6% to $1bn in H1’26

Reinsurance News

Steadfast Group, an Australian insurance broker, has reported underlying revenue of $1 billion in H1’26, up 14.6% compared to the same period a year earlier. In H1’26, the Group delivered strong underlying EBITA growth of 12.6% to $293.6 million,...

Posted: Mar 02, 2026