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India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi seeks to shield buyers from potential supply disruptions caused by the crisis in the Gulf, a government …
Posted: Mar 05, 2026
The latest people news in the industry today. The post Gareth Davies Appointed Executive Vice President, Head...
Posted: Mar 05, 2026
The latest people news in the industry today. The post Mikki Williams and Doug Schmude Promoted to New Roles at AXA...
Posted: Mar 05, 2026
The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over a plan to provide political risk insurance and guarantees for maritime trade in the Gulf, Lloyd’s market official...
Posted: Mar 05, 2026
The latest people news in the industry today. The post Saugata Chatterjee Named Chief Information Officer at Gallagher Bassett
Posted: Mar 05, 2026
Oneglobal Broking, an international insurance and reinsurance brokerage group providing specialist risk advisory and placement services across global markets, has announced new leadership appointments in Colombia and Central America as part of its...
Posted: Mar 05, 2026
Rates are continuing to fall at Citizens Property Insurance Corporation, reflecting a shrinking exposure base as policy counts decline and Florida’s property insurance market stabilises. Regulators approved an average 8.8% rate reduction for homeo...
Posted: Mar 05, 2026
BirdsEyeView, a European Space Agency-backed Insurtech specialising in natural catastrophe modelling and exposure management, has launched AI Data Scrubbing, a new capability designed to automate Statement of Values (SOV) data cleaning and geoloca...
Posted: Mar 05, 2026
Liberty Mutual Holding Company Inc. (LMHC), a global property and casualty insurer, has reported full year 2025 net income growth of 55% to $6.8 billion, compared to $4.4 billion for FY’24, with an improved combined ratio of 88.4% compared to 95.9...
Posted: Mar 05, 2026
Global reinsurer Ariel Re has announced the appointments of Sarah Morgan as Head of Property and Reed Gaglio as Head of E&S Property Reinsurance, both effective 1st April, 2026. Morgan succeeds Mike Cornish, who has held the role at Ariel Re s...
Posted: Mar 05, 2026
While capacity remains plentiful for standalone cyber reinsurance, tail layers remain expensive due to high capital charges, model uncertainty and systemic risk, prompting a search for more efficient structures, with Gallagher Re arguing that blen...
Posted: Mar 05, 2026
Shipments ranging from fresh produce to airplane parts are in limbo as an escalating Middle East conflict reduces the world’s air cargo capacity by more than one-fifth and pushes up freight rates, with executives bracing for backlogs of goods....
Posted: Mar 05, 2026
Shipments ranging from fresh produce to airplane parts are in limbo as Middle East conflict squeezes cargo capacity and pushes up freight rates. The U.S. and Israeli air war against Iran has grounded passenger and freighter flights across the region,...
Posted: Mar 05, 2026
Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has announced the appointment of Logan Blake as President of Bermuda Operations. Blake brings more than 20 years of actuarial experience across multiple practice...
Posted: Mar 05, 2026
Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has announced the appointment of Logan Blake as President of Bermuda Operations. Blake brings more than 20 years of actuarial experience across multiple practice...
Posted: Mar 05, 2026
Britain’s government-backed terrorism reinsurer, Pool Re, has completed the placement of its 2026 retrocession placement, securing £2.75 billion of aggregate excess of loss cover, including new cover for non-damage business interruption (NDBI). In...
Posted: Mar 05, 2026
As tensions rise in the Middle East, CyberCube has issued a call to action for cyber insurance carriers, urging them to use threat-intelligence-informed analytics to assess and manage exposure to potential cyber operations by Iranian threat actors...
Posted: Mar 05, 2026
Bermuda-based Lancashire Insurance Holdings grew premiums across its reinsurance segment by 8.1% year-on-year to $1.2 billion in the 2025 financial year, with each pillar contributing to growth, as Group profit after tax decreased by 9% to $293.4...
Posted: Mar 05, 2026
An oil tanker suffered an explosion off the coast of Iraq, damaging a tank that is losing water, a representative for the ship said. The Sonangol Namibe was approached by a small boat near Khor Al Zubair in Iraq, according …
Posted: Mar 05, 2026
An oil tanker suffered an explosion off the coast of Iraq which damaged a tank that is losing water, signaling wider risks to shipping in the Persian Gulf beyond the Strait of Hormuz. The Sonangol Namibe was approached by a …
Posted: Mar 05, 2026
At the 2026 Association of Insurance and Financial Analysts (AIFA) conference, Autonomous analysts noted that AI adoption in insurance is still in its early stages, and also highlighted the strong interest in data centres, though underwriters rema...
Posted: Mar 05, 2026
Marine insurers in the London market continue to offer cover in the Middle East, despite rising war risk premiums driven by escalating conflict in the Gulf, insurance broker Gallagher’s Marine Divisional Director Angus Blayney said on Wednesday...
Posted: Mar 05, 2026
As the war in Iran grounds flights worldwide, hundreds of thousands of travelers scrambling to get home are discovering a harsh reality: their travel insurance won’t cover replacement flights or extended hotel stays. Insurers, including industr...
Posted: Mar 05, 2026
Large US insurer Chubb has announced the promotion of Richard Bracken to Head of Strategic Partnership Development, APAC, Japan and International Digital, effective 1st March 2026. Bracken’s role has been expanded from his previous position as Reg...
Posted: Mar 05, 2026
The number of opportunities to leverage AI to transform commercial submissions processes is nearly limitless – with huge potential to deliver smarter processes and better outcomes. While tasks such as...
Posted: Mar 05, 2026
Marsh, the world’s largest insurance broker, said a US plan to insure tankers navigating the Strait of Hormuz energy chokepoint could take a few weeks to arrange. President Donald Trump said on Tuesday the US International Development Finance C...
Posted: Mar 05, 2026
Marsh and Aon Plc, two of the world’s largest insurance brokers, are in talks with the US government on a plan to help insure tankers navigating the Strait of Hormuz energy chokepoint. President Donald Trump said on Tuesday the US …
Posted: Mar 05, 2026
American Family Insurance reported $2 billion more underwriting profit in 2025, compared with 2024—pointing to “deliberate customer-driven strategic actions and a lower level of catastrophe losses to explain the favorable result. The actions me...
Posted: Mar 05, 2026
Ascot, a specialty insurance and reinsurance provider, has introduced Ascot Guard, a worldwide security insurance solution created to provide broad protection for organisations and private individuals operating at home, internationally, and in hig...
Posted: Mar 05, 2026
QBE, an international insurer and reinsurer, has announced the promotion of Scott Pidduck to the newly created role of General Manager for Canada, effective 1st April 2026. The General Manager role replaces the previous role of Director of Canada,...
Posted: Mar 05, 2026
Broking group Brokerslink has reinforced its international footprint by welcoming Southampton-based employee benefits specialist Everywhen as its newest partner in the United Kingdom. This partnership enhances Brokerslink’s employee benefits offer...
Posted: Mar 05, 2026
A state court judge in Missouri gave an initial green light on Wednesday to a proposed $7.25 billion settlement to resolve thousands of lawsuits claiming Bayer’s Roundup weedkiller causes cancer. Judge Timothy Boyer in St. Louis granted prelimi...
Posted: Mar 05, 2026
While competition in personal auto insurance is rising to levels high enough to dent customer retention at GEICO, a giant mutual insurer and a reciprocal exchange have both tapped into a customer-friendly option unavailable to large stock insurers. S...
Posted: Mar 05, 2026
In the wake of recent weather events around the world, whether it’s the bomb cyclone that hit the US from the Gulf Coast to New England, or the combination of Storms Ingrid and Chandra battering the south coast of the …
Posted: Mar 05, 2026
The U.S. financial services industry is on heightened alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms stepping up monitoring for threats that often rise during periods of geopolitical conflict, said executives and ana...
Posted: Mar 05, 2026
Editor’s note: No significant tort-reform legislation is currently making its way through the Alabama Legislature. But at least one state senator is calling for action. Good news continues to roll out of the Sunshine State. Florida Governor Ron...
Posted: Mar 05, 2026