Insurance
Insurance industry news, policies, regulation and risk.
227 articles
Samsung Fire & Marine Seen Lifting Canopius Stake to 90% for $1.47bn
Korean reports say Samsung Fire & Marine and Samsung Life may buy another 50% of specialty re/insurer Canopius, building...
Why Clients Delay Life Insurance—and How Advisors Can End the Delay
New Ethos and LIMRA data show buyers overestimate cost and underestimate the price of waiting. Simple price comparisons ...
Waste crime costs £1bn a year while criminals return just £7.3m — the landowner cover gap
Insurance brokers with rural and commercial landowner clients are being urged to review environmental liability cover as...
Lima Earthquake Could Cost Peru $28 Billion, Insurers Warn
Peru's insurance association says a major quake in Lima could cause damage worth 7–8% of GDP and leave 95% of losses uni...
Why Surface Water Flooding Is Driving UK Claims Disputes
Surface water flooding, rather than river overflow, causes most summer property claims—and vague policy wording, drainag...
Mayoral Call-In Powers Speed Up Building as Construction Insurers Pull Back
The UK is handing 13 mayors powers to override councils on major developments, but insurers are already retreating from ...
Eli Lilly's Foundayo Launch Puts UK Brokers on Counterfeit and Disclosure Watch
The UK debut of Eli Lilly's daily Foundayo pill could widen non-disclosure in life, travel and private medical insurance...
New Forest Fire Exposes the Coverage Gap in UK Wildfire BI Wordings
After a two-week wildfire closed the A31 and burned 247 acres, attention turns to whether standard property and BI polic...
Allianz Commercial unites global specialty and UK leadership in new Woolley role
Emma Woolley will run Allianz Commercial's global specialty lines and UK book together, signalling how central the Londo...
Pet insurer data sharing exposes £31,000 fake dog-death fraud in Liverpool
Robert Cretu's 30 near-identical fake dog-death claims were caught only after Animal Friends, the Insurance Fraud Bureau...
Eli Lilly's Foundayo Launch Puts UK Brokers on Counterfeit and Disclosure Watch
The UK debut of Eli Lilly's daily Foundayo pill could widen non-disclosure in life, travel and private medical insurance...
Florida Charges Seven in Alleged $100M Workers’ Comp Shell-Company Scheme
Prosecutors allege a network of shell construction firms underreported payroll to obtain workers’ comp coverage, rented ...
Egypt’s FRA Extends Liquidation of Damanhour Carpet Workers’ Insurance Fund by One Year
Egypt’s financial regulator gave the fund’s liquidation committee another year from 23 July 2026 — or until completion —...
After the Hungary Bus Crash: How Victims and Families Can Pursue Compensation
A Polish coach crash in Hungary leaves 59 passengers and their relatives facing complex cross-border claims; here are th...
Talanx Lifts 2026 Profit Outlook After Record €1.5bn First-Half Net Income
The German insurer's record first half was driven by lower large losses and stronger underwriting margins; management no...
Hiscox Raises 2024 Return Guidance for Lloyd's Syndicate 33, Cites Stronger 6104 Outlook
Updated estimates put Syndicate 33's 2024 account at 6.1%–16.1% of capacity, while small Syndicate 6104 sees a sharply h...
Gallagher Re: August Derecho Adds Multi-Billion-Dollar Hit as US Storm Losses Pass $35bn
The 9–12 August severe weather outbreak, including a Chicago-area derecho, is expected to add a low single-digit billion...
Aviva First-Half Profit Rises 24% as Direct Line Lifts UK Premiums
Aviva's first-half operating profit rose 24% to £1.326 billion, helped by a 42% jump in UK and Ireland general insurance...
RiverStone International and QBE Agree $1.6bn Loss Portfolio Transfer
Legacy specialist RiverStone International will assume roughly US$1.6 billion in reserves from QBE across North American...
Dallas to Discontinue PPO Health Plan and Keep HSA and PCP Options in 2027
Dallas's proposed budget would end its PPO health plan and keep two Blue Cross Blue Shield options, with roughly 90% of ...
Aviva Doubles UK Personal Lines Premiums After Direct Line Acquisition
Aviva's half-year update shows UK personal lines premiums rising 98% to £3.68bn, with the Direct Line deal already impro...
Aviva H1 profit rises 24% as margin discipline reshapes its broker stance
Aviva's first-half operating profit rose 24% to £1.326bn, but the sharper message is for brokers: it will sacrifice comm...
DIFC Court Curbs Defence-Cost Recovery in $70m Gulf Tanker Reinsurance Case
Dubai's DIFC Court of Appeal has reversed a regional market-practice finding on defence costs, ruling English law and Lo...
West Midlands Fires Expose the UK's Wildfire Pricing Gap
Six fires in one day reveal how far UK home insurers are from postcode-level wildfire modelling — and why brokers should...
Cyber Premiums Are Down 43% Since Late 2023 — Yet Claims Data Point to a Reckoning
Three years of falling cyber insurance premiums are colliding with rising ransomware severity and worsening combined rat...
Second UK Derailment in 24 Hours Puts Rail Liability Cover Under Fresh Scrutiny
A second UK passenger train derailed near Wickford within 24 hours of the Lewes crash, intensifying insurer questions ab...
RiverStone International and QBE Agree $1.6bn Legacy Reinsurance Transfer
Loss portfolio transfer agreements cover North American middle-market, workers’ compensation and European liability rese...
Korean Re First-Half Net Income Soars 77.6% on Strong Investments and Fewer Claims
Korean Re's first-half 2026 net income rose 77.6% to KRW 347.3bn, as a sharp jump in investment profit and benign large-...
Workers’ Comp Claims Still Ignore Mental Health, and Costs Follow
A Broadspire white paper argues that untreated psychosocial risks and benefit-process stress prolong workers’ comp claim...
Nationwide Agribusiness Executive Sees Low Herd Numbers and Protein Demand Reshaping Cattle Risk
A Risk & Insurance video Q&A with Nationwide's Jeremy Staun points to low herd numbers, inflation and strong protein dem...