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Demand for industry-loss warranty (ILW) protection saw a notable surge in Q2 2026, coinciding with the mid-year reinsurance renewals and the impending North Atlantic hurricane...
The re/insurance market is witnessing a softening trend, yet severe thunderstorm losses pose a growing challenge, as highlighted by Harry White from Property Claim Services...
The Office of the Superintendent of Financial Institutions (OSFI) in Canada has approved natural catastrophe bonds as a viable reinsurance option, aiming to lower capital...
Ahmet Yaşar, the Chairman of Maher Holding Insurance Group, will be featured on Noyan Doğan’s talk show, “Bakış.” This appearance promises intriguing insights into the...
Ebru Yüksekbilgili, Vice Chairman of the SBD Board, highlighted the significance of the upcoming COP31 event in Antalya for the insurance and reinsurance sectors in...
Franklin Templeton Investment Solutions has upgraded its outlook on catastrophe bonds, raising its rating from ‘overweight’ to ‘strongly overweight’ for Q3 2026. This decision follows...
Hannover Re’s Bermuda-based Kaith Re Ltd. has introduced a new private catastrophe bond totaling $14.94 million as part of its Seaside Re program, aimed at...
Pershing Square Holdings, associated with prominent investor Bill Ackman, has appointed Ranjani Kearsley as an independent non-executive director, effective July 20, 2026. With over 25...
Tesla has expanded its robotaxi service to Orlando and Tampa, aiming to bolster its autonomous ride-hailing business ahead of its upcoming second-quarter earnings report. Moving...
Mortgage rates in the U.S. have risen for the third straight week, hitting their highest point in nearly a year, as reported by Freddie Mac....
Cyclone Harry has wreaked havoc along Sicily’s coast, inflicting over €1 billion ($1.14 billion) in damages and exposing serious flaws in Italy’s mandatory disaster insurance...
The New York City Health Department has confirmed the successful elimination of the source behind a recent outbreak of Legionnaires’ disease on the Upper East...
Root Insurance has launched its behavior-based telematics car insurance in New Jersey, marking its 37th state entry. By using mobile telematics to assess driving habits...
South Korea is grappling with a serious data leak affecting nearly all its diplomats, following a breach at a government training academy. The compromised system...
In a pivotal decision, Florida’s 1st District Court of Appeals has overturned a jury’s substantial award of $335,000 to Pamelo and Armah Karmo in a...
Insurance costs for shipping goods through the southern Red Sea have dramatically escalated, doubling for some companies after recent missile and drone strikes by Yemen’s...
PG&E Corp. reported a dramatic rise in its data center project pipeline, reaching 12.7 gigawatts by June 2026, up from 5.1 gigawatts in March. This...
The latest report from the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) reveals a pivotal moment for the state’s workers’ compensation system. While premiums...
A Florida teenager has withdrawn his lawsuit against Meta Platforms, canceling a trial set for Monday in Los Angeles, where he accused the company’s social...
Allianz SE is set to enhance its presence in Singapore by acquiring HSBC Holdings Plc’s insurance unit for S$2.7 billion (around $2.1 billion). This strategic...
Moscow has issued a stern warning about the dangers facing ships in the Black Sea, citing increased Ukrainian attacks on Russia-linked vessels. The July 22...
On July 24, 2026, a coalition of U.S. and allied nations revealed that Russian hackers, under the group Laundry Bear, exploited a vulnerability in the...
Munich Re reported a robust second-quarter profit of approximately €2.2 billion ($2.5 billion), exceeding analysts’ expectations thanks to minimal major-loss expenditures in its property-casualty reinsurance...
On July 24, 2026, Spanish insurer Mapfre announced that the financial impact of the earthquakes that struck Venezuela on June 24 is projected to be...
Brendan and Lisa Lawler, a married couple running BL Insurance Brokerage in New Bedford, Massachusetts, have been sentenced to eight months in prison for orchestrating...
Relation Insurance Services has successfully acquired the assets of Mid-State Insurance as of March 31, 2026, though financial details remain undisclosed. Founded in 1986 and...
Lockton has unveiled its global Data Centres & Digital Infrastructure Practice, aimed at helping organizations navigate the complex risks associated with digital infrastructures, such as...
Brown & Brown has significantly raised its estimate for the financial impact of competition from Howden, projecting costs could reach $60 million in 2026, up...
Verisk, a prominent data analytics and technology firm, has acquired McKenzie Intelligence Services (MIS), a UK catastrophe analysis company known for its expertise in real-time...
In a significant ruling for New Jersey’s legal landscape, the Supreme Court has declared that Allstate Insurance will have its day in court regarding a...
