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Further consolidation likely as climate risks and technology transform the market: Urs Baertschi, Sw...

Reinsurance News

Urs Baertschi, Chief Executive Officer of Property & Casualty Reinsurance at Swiss Re, emphasised that discipline and stability remain key for the reinsurance industry, with further consolidation likely as climate risks and technological shift...

Posted: Sep 16, 2025

Viewpoint: Can Global Reinsurers Stay on Track Through 2026?

Insurance Journal

During the upcoming renewals, S&P Global Ratings expects a moderate decline in pricing for short-tail lines but that global reinsurers will hold firm on terms and conditions. Risks arising from geopolitical tensions could affect both sides of glo...

Posted: Sep 16, 2025

Glyn Hughes joins Allianz Personal Broker as MD

Reinsurance News

Allianz UK has announced the appointment of Glyn Hughes as Managing Director of Allianz Personal Broker, effective February 2026. Subject to regulatory approval, Hughes will join the UK personal lines leadership team reporting to Serge Raffard, Ma...

Posted: Sep 16, 2025

China Fires Water Cannons After Collision With Philippine Ship

Insurance Journal

Philippine and Chinese vessels collided Tuesday near a disputed South China Sea shoal, where Chinese coast guard ships fired water cannons as tensions escalate over the rivals’ long-running maritime dispute. The China Coast Guard accused Manila...

Posted: Sep 16, 2025

How a High-M&A Insurance Agency Reduces Complexity at Scale

Insurance Journal

How INSURICA has streamlined its operations for growth Compliance officers are often the unsung heroes of the insurance industry, battling it out with spreadsheets to help move insurance agents through the ready-to-sell process, and that was historic...

Posted: Sep 16, 2025

Vantage secures A- rating from S&P

Reinsurance News

The core operating re/insurance entities of specialty carrier Vantage Group Holdings Ltd. have secured a financial strength rating of ‘A-‘ from S&P Global Ratings, with a stable outlook. The ratings agency has assigned its ‘A...

Posted: Sep 16, 2025

SPG consolidates wholesale business to launch unified division

Reinsurance News

Specialty Program Group LLC (SPG), an operator of specialty insurance brokerage and underwriting facilities, has announced its plans to consolidate its wholesale businesses under a single division: SPG Wholesale. This move marks the company’s tran...

Posted: Sep 16, 2025

Swiss Re promotes Fatone to Head of Southern Europe P&C Reinsurance

Reinsurance News

Global reinsurer Swiss Re has appointed Hernan Fatone as Head of Southern Europe Property and Casualty (P&C) Reinsurance. In the role, he succeeds Santiago Arechaga, who has been promoted to President of Reinsurance for Latin America and the C...

Posted: Sep 16, 2025

Gucci Owner Kering Says It Was Hacked, Limited Data Accessed

Insurance Journal

Kering SA, whose luxury brands include Gucci, Saint Laurent and Balenciaga, said Monday it was the victim of a data breach that was discovered in June, the latest in a string of attacks on the consumer goods sector. Hackers accessed …

Posted: Sep 16, 2025

Gucci Owner Kering Says it Was Hacked, Limited Data Accessed

Insurance Journal

Kering SA, whose luxury brands include Gucci, Saint Laurent and Balenciaga, said Monday it was the victim of a data breach that was discovered in June, the latest in a string of attacks on the consumer goods sector. Hackers accessed …

Posted: Sep 16, 2025

B.P. Marsh & Partners invests $12.5m to fuel XPT growth

Reinsurance News

B.P. Marsh & Partners Plc, a specialist private equity investor, has announced a new investment to support the growth of its US-based investee company, XPT Group LLC (XPT). The company is supporting XPT via an investment in its new vehicle XPT...

Posted: Sep 16, 2025

Grange Insurance appoints Steve Marohn as Commercial Lines President

Reinsurance News

Ohio-domiciled insurer Grange Insurance Company has appointed Steve Marohn as the company’s Commercial Lines President. Marohn has over 35 years of commercial lines experience, most recently as President of the Specialty Property and Casualty divi...

Posted: Sep 16, 2025

HDI Global Insurance names Himadri Trivedi as Business Transformation Lead

Reinsurance News

HDI Global Insurance Company (HGIC), the US arm of international corporate and specialty insurer HDI Global, has appointed Himadri Trivedi to the newly created position of Business Transformation Lead. Trivedi will play a key role in aligning tech...

Posted: Sep 16, 2025

VW Brown Owner Ripley Takes Over as Chair of Big ‘I’

Insurance Journal

Angela Ripley, owner and president of Maryland-based VW Brown Insurance Service, is the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”). Ripley became the second woman to serve as chair at the organiza...

Posted: Sep 16, 2025

US personal auto insurers maintain positive momentum into 2025: AM Best

Reinsurance News

US personal auto insurers continued to show progress in the first half of 2025, as the segment’s direct loss ratio declined for the second year in a row, according to a new AM Best report, with the results suggesting that the strong recovery seen...

Posted: Sep 16, 2025

AmTrust Expands E&S Division, Spins Off Some MGAs With Blackstone

Insurance Journal

AmTrust Financial Services has a busy day on Sept. 15 as it expanded its excess & surplus division to include new lines, appointed leadership, and announced an agreement with Blackstone Credit & Insurance to spin off certain managing general...

Posted: Sep 16, 2025

Australia Pledges $6 Billion by 2030 to Tackle Climate Hazards as Disaster Risk Rises

Insurance Journal

Australia will spend A$9 billion ($6 billion) on climate adaptation through 2030 as it braces for more frequent, severe and overlapping hazards caused by global warming, the government said in two climate-related reports on Monday. The money is earma...

Posted: Sep 16, 2025

Citizens No Longer Winning Most Arbitration Cases. They’re Settling for Next to Nil

Insurance Journal

Pressure may be mounting on Florida’s Citizens Property Insurance Corp. to reduce its use of state-agency arbitration for claims disputes, following new class-action lawsuits, court rulings and national news reports suggesting the alternative d...

Posted: Sep 16, 2025

Aoife Taylor named I–RE’s Broker Relationship Manager

Reinsurance News

I–RE, a specialist in captive insurance and reinsurance, has announced the appointment of Aoife Taylor as the group’s new Broker Relationship Manager. In her new role, Taylor will be responsible for broadening I–RE’s broker network and nurturing e...

Posted: Sep 16, 2025

California Lawmakers Pass Bill to Boost Oil Production

Insurance Journal

California lawmakers passed a bill over the weekend that would allow the construction of thousands of new oil wells annually in the Golden State in a bid to make oil supply more affordable for refineries and keep fuel prices in …

Posted: Sep 16, 2025

Former Executive of Mars Candy Subsidiary Pleads Guilty to Stealing $28M

Insurance Journal

A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty last Thursday to fraud and tax charges in connection with his theft of $28 million from the company, federal prosecutors said. Paul Steed, 58, appeared in federal court &#8230...

Posted: Sep 16, 2025

John Hancock and Munich Re Life US Collaborate to Enhance Underwriting Automation

coverager

Through this collaboration, John Hancock has expanded ExpressTrack eligibility to face amounts up to and including $5M, enabling even more customers to receive a streamlined experience.

Posted: Sep 15, 2025

Baloise and Helvetia gain regulatory approvals for merger

coverager

The companies announced the merger in April.

Posted: Sep 15, 2025

Introducing Flows: The Easy Button for Claims Correspondence

coverager

Straight through AI claim letters are now possible in Kyber. With Flows, teams ensure accuracy, compliance, and timely delivery without manual involvement.

Posted: Sep 15, 2025

AmTrust MGAs to Spin Off in Deal with Blackstone

Carrier Management

AmTrust MGAs to Spin Off in Deal with Blackstone Some of the...

Posted: Sep 15, 2025

U.S. Appeals Court Hits Pause on Challenges to SEC Climate Rule

Carrier Management

U.S. Appeals Court Hits Pause on Challenges to SEC Climate Rule A federal appeals court on Friday sai...

Posted: Sep 15, 2025

U.S. Political Violence Surges to Record, Bloomberg Analysis Shows

Carrier Management

U.S. Political Violence Surges to Record, Bloom...

Posted: Sep 15, 2025

Epoq CEO Reflects as InsurTech Launches Enhanced U.S. Platform

Carrier Management

Epoq CEO Reflects as InsurTech Launches Enhanced U.S. Platform Grahame Cohen can't speak Sp...

Posted: Sep 15, 2025

Shift Technology Launches AI Claims Platform

IIR

The new solution helps insurers reduce claims losses and improve efficiency while delivering better experiences for policyholders.

Posted: Sep 15, 2025

Prudential Group Insurance Expands Technology and Distribution Teams

IIR

New hires include business technology officer and voluntary benefits sales leaders for regions across the United States.

Posted: Sep 15, 2025

ZestyAI Adds Mitigation-Aware Scoring to Storm Models

IIR

The enhancement lets insurers update risk scores based on property improvements.

Posted: Sep 15, 2025

bolt Expands Leadership Team with Curtis Scott Appointment

IIR

Scott will lead strategy and vertical growth across North America and beyond.

Posted: Sep 15, 2025

What Robotaxis Mean for Auto Insurance

Insurance Thought Leadership

What Robotaxis Mean for Auto Insurance PaulCarroll

Posted: Sep 15, 2025

California Commissioner Pushes for Wildfire Recovery Bill, Other Legislation

Insurance Journal

California Insurance Commissioner Ricardo Lara is urging Gov. Gavin Newsom to sign several wildfire and health-related bills that have passed the Legislature and are now awaiting the governor’s approval. “They reflect our collective respo...

Posted: Sep 15, 2025

Study: Medical Costs Double in California Comp Claims Associated With Functional Restoration Program...

Insurance Journal

Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensatio...

Posted: Sep 15, 2025

Medical Costs Double in California Comp Claims With Functional Restoration Programs

Insurance Journal

Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensatio...

Posted: Sep 15, 2025

Extreme Weather Emerges as Top Business Risk, With Billion-Dollar Disasters More Than Tripling in Fi...

Risk & Insurance

Enterprise risk management leaders face mounting pressure to prepare organizations for both physical and transitional climate impacts: Gartner. The post

Posted: Sep 15, 2025

Lloyd’s Reinsurance Profits Surge Despite Looming California Wildfire Impact

Risk & Insurance

Market reports £1.7 billion underwriting profit with 88% combined ratio as segment faces critical test in 2025, AM Best reports. The post

Posted: Sep 15, 2025

AXA XL announces Donnacha Smyth as new Global Chief Underwriting Officer, Casualty

coverager

Smyth currently serves as Head of Casualty for the Americas region.

Posted: Sep 15, 2025

Health In Tech names AI and growth leaders, files Ask Tim trademark

coverager

Health In Tech offers a platform to design, quote, and bind self-funded and level-funded health plans.

Posted: Sep 15, 2025

AmTrust and Blackstone announce deal for AmTrust’s MGA and fee businesses

coverager

Seyna exceeded €91 million in gross written premiums in 2024.

Posted: Sep 15, 2025