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The Swiss Re Institute has revealed that global insured losses from natural catastrophes hit $80 billion in H1 2025, which is almost double the 10-year average and more than half of the firm’s projected full-year figure of $150 billion. Acco...
Posted: Aug 06, 2025
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed. MACK Insurance Services is a commercial insurance broker with a...
Posted: Aug 06, 2025
Rothesay, a pensions insurance specialist, has completed a £900m buy-in with the National Grid UK Pension Scheme in July 2025, securing the benefits of 7,130 pensioners and their dependents. The transaction brings the total value of the Scheme’s d...
Posted: Aug 06, 2025
UK businesses are turning to the self-employed in an effort to rein in costs as they try to navigate Chancellor of the Exchequer Rachel Reeves’ £26 billion ($34.5 billion) payroll tax hike. Advertised contract jobs have risen 22% since April, &...
Posted: Aug 06, 2025
Nexus Underwriting, a Brown & Brown group subsidiary, has appointed Eamonn Long as Chief Underwriting Officer (CUO) for its Alternative Risk Transfer (ART) business. In his new role, Long supports and grows Nexus’s service in ART, translating...
Posted: Aug 06, 2025
Hiscox Re & ILS, which comprises the global insurer’s reinsurance businesses in London and Bermuda and insurance-linked securities (ILS) activity, posted a 7% rise in insurance contract written premium (ICWP) for the first half of 2025 t...
Posted: Aug 06, 2025
Bermuda-based reinsurer PartnerRe has reported net income of $493 million for the first half of 2025, up on the prior year’s $362 million by 36% despite the non-life segment falling to an underwriting loss as a result of the January Californ...
Posted: Aug 06, 2025
According to a recent report from AM Best, a credit rating agency, the bond portfolio yield for the US life/annuity (L/A) insurance industry rose to its highest point in ten years in 2024, increasing by 22 basis points to 4.79%. However, AM Best n...
Posted: Aug 06, 2025
Tysers, an independent Lloyd’s insurance broker and part of the Australian AUB Group, has announced the appointment of Desmond Cheok as Associate Director, Property & Casualty (P&C), in Singapore. In his new role, Cheok will report to Tim...
Posted: Aug 06, 2025
A newly released decade-long study by the Workers’ Compensation Research Institute (WCRI) indicates that claims initiated by nurse practitioners and physician assistants didn’t lead to negative outcomes and suggested some benefits when co...
Posted: Aug 06, 2025
President Donald Trump’s administration proposed a rule to allow more commercial drones to fly beyond an operator’s visual line of sight, a potential boon for companies such as Alphabet Inc.’s Wing unit and Walmart Inc. pushing to d...
Posted: Aug 06, 2025
J.C. Flowers & Co. (JCF), a private investment firm dedicated to investing in the financial services industry, has announced that investment vehicles affiliated with JCF (JCF Funds) have acquired Caleas Srl, a Milan-based insurance brokerage....
Posted: Aug 06, 2025
AIG could pay dearly for refusing to budge on a claim settlement offer of $2.65 million for nearly a year after receiving estimates that a jury would likely award the claimant $7.5 million for her injuries. A jury did eventually …
Posted: Aug 06, 2025
The Future of AI-Driven Risk Mitigation Predict & Prevent
Posted: Aug 05, 2025
Insurers Need Better Supplier Access Management Cyber
Posted: Aug 05, 2025
Actuarial Transformation Hinges On Human Elements Underwriting
Posted: Aug 05, 2025
How Insurtechs Must Build Ethical AI AI & Machine Learning
Posted: Aug 05, 2025
International Broking: Beyond the Transactional View Agent & Broker
Posted: Aug 05, 2025
Grasshopper is a digital bank focused on business and affinity banking.
Posted: Aug 05, 2025
The new telematics program aims to reduce crash risk and improve roadside response in South Korea.
Posted: Aug 05, 2025
The deal expands Hiscox USA’s small business reach and broker technology capabilities.
Posted: Aug 05, 2025
The new solution streamlines rating, quoting, and policy workflows for P&C insurers in EMEA and APAC.
Posted: Aug 05, 2025
The vendors’ integration links digital payments to core systems, enhancing insurer workflows.
Posted: Aug 05, 2025
P&C Insurance Has a Payments Problem... Customer Experience
Posted: Aug 05, 2025
Parrish Named CEO of Howden U.S., Is Sued by Former Employer Marsh Mike Parri...
Posted: Aug 05, 2025
United Risk Acquires Verita CSG From WTW; Rebrands as Verist With Chang as CEO United Risk has acquired spec...
Posted: Aug 05, 2025
Bayer Adds $1.37 Billion to Reserves for Ongoing Roundup Litigation German pha...
Posted: Aug 05, 2025
515-Mile Swath of Lightning Ca...
Posted: Aug 05, 2025
Workplace Satisfaction Survey Finds Finances Continue to Stress US Workers Financial str...
Posted: Aug 05, 2025
U.S. to Ease Long-Range Drone Rules in Boon for Walmart, Alphabet President Donald Trump's administratio...
Posted: Aug 05, 2025
Discover how implementing Demand Package Review helped them reduce settlement cycle times, minimize legal escalations, and improve settlement accuracy. The post
Posted: Aug 05, 2025
Written premium in the first quarter was 4% lower than the same period in 2024, extending a trend in which written premiums in calendar years 2022 through 2024 remained relatively stable compared to large swings during the pandemic, a new …
Posted: Aug 05, 2025
Insurance Business Magazine - US
Posted: Aug 05, 2025
Primarily focused on the Japanese market.
Posted: Aug 05, 2025
It hardly makes sense for organizations that have already invested significant time and money into developing their core technology to throw everything out and start anew.
Posted: Aug 05, 2025
Rogers Insurance Center is an independent brokerage firm specializing in commercial and personal risk insurance programs.
Posted: Aug 05, 2025
Benecon provides self-funded medical benefit programs.
Posted: Aug 05, 2025
According to Coverager’s MGA report, Neptune Flood saw a nearly 505% increase in disclosed premium from 2023 to 2024.
Posted: Aug 05, 2025
The Chicago-based startup closed a $2.2 million pre-seed funding round earlier this year.
Posted: Aug 05, 2025
Shareholders of the UK investment trust run by Dan Loeb’s hedge fund Third Point should reject its plan to turn itself into a reinsurance company, according to ISS. In its recommendation ahead of an Aug. 14 vote, the proxy adviser …
Posted: Aug 05, 2025