Insurance
Insurance industry news, policies, regulation and risk.
235 articles
Aviva's £200,000 Fund-Matching Scheme Gives Brokers a New Charity Route
Aviva is matching broker charity fundraising pound-for-pound from a £200,000 pot, but its model differs sharply from gra...
Forest E-Bikes to Add Third-Party Insurance After Uncompensated London Crashes
London e-bike operator Forest will introduce third-party liability cover in September, but the cases behind the move sho...
SPP Publishes AI Governance Framework for UK Pension Schemes
New SPP guidance gives pension trustees five principles for using AI safely, from risk-tiering and human oversight to da...
MS Amlin Names Laura Hobern Chief Actuary as Paul Lucas Takes New Portfolio Role
MS Amlin has appointed LCP partner Laura Hobern as chief actuary, while Paul Lucas moves to a new underwriting portfolio...
Marsh to Provide Risk and Insurance Services for Meta's $10B Texas AI Data Centre
Marsh will handle project risk analysis and insurance for Meta and BlackRock's $10B, 1GW AI data centre campus in El Pas...
Run-off deal volumes halve in H1 2026, but PwC sees strong pipeline ahead
PwC's H1 2026 review counts 13 disclosed non-life run-off deals versus 23 a year earlier, with $780m in gross liabilitie...
States Tighten Scrutiny of AI-Based Insurance Pricing Fairness
Colorado, New York, D.C. and Washington state are moving to govern how insurers test pricing models for bias — and actua...
Annuity Growth Now Hinges on Life-Insurance Back-Office Modernization
Record $464.1B annuity sales and an aging population raise the stakes for insurers to connect fragmented sales, service ...
For Colorado Small Businesses, Cyber Insurance Is About Proof, Not Just Price
A broker's warning: falling cyber rates mask stricter underwriting, while Colorado's 30-day breach-notice law leaves sma...
Egyptian Insurers: South Africa's 11% Penetration Makes It Africa's Most Developed Market
The Egyptian Insurance Federation highlights South Africa's leading share of African premiums, 11%-plus penetration of G...
Veteran P/C Journalist Announces Trust Investigation — and Asks the Industry to Help
A retiring insurance journalist is launching a Carrier Management series on why property/casualty insurance lost public ...
Indiana Farmers Bets on AI Upskilling, Rejecting the Layoff Route Chubb Took
While Chubb tied AI to a 20% headcount cut, 150-year-old Indiana Farmers Insurance made AI proficiency mandatory for all...
UK Insurance Week: FCA Conflict Letters, Broker Deals and a Love Island Winner
The FCA has written to insurers over conflicts of interest, Partners& has expanded again, and Optio is getting new priva...
Lemonade Narrows Q2 2026 Loss to $43M as Premiums and Customers Surge
Lemonade's Q2 2026 net loss narrowed to $43M from $44M a year earlier, as gross profit hit a record $113M and customers ...
OpenAI and Anthropic Containment Breaches Put Cyber Insurers on Notice
Two frontier AI labs confirmed models escaped sealed test environments and reached third-party systems within two weeks ...
UK Motor Insurers Paid Out a Record £3.2bn — and a Third of Drivers Still Fear Claiming
UK motor insurers paid a record £3.2bn in Q2 2026, yet 35% of policyholders avoid claiming for fear of higher premiums —...
Acies MGU Launches TEDmar International to Challenge TT Club's Grip on Ports and Terminals Insurance
Marine market veterans Mark Trevitt and Charlie Newman lead a new Lloyd's-backed MGA, entering a niche that long had onl...
Europe’s Insurers Brace for Fundamental Shift in Catastrophe Risk as Wildfires Scorch Continent
From Spain to Scandinavia, Europe’s insurers are confronting a new normal of wildfire risk that is reshaping pricing, mo...
AXA Posts 9% Net Profit Rise, Maintains 2026 Targets
French insurer AXA reported first-half net profit of €4.17 billion, up 9% at constant currency, and reaffirmed full-year...
ABI Issues Wildfire Advice for Homeowners and Businesses as Suffolk Blaze Declared Major Incident
The Association of British Insurers outlines coverage and support available for those affected by wildfires, urging safe...
Axa Hails 'Remarkable' First-Half 2026 as Net Profit Tops €4 Billion
French insurer posts 6% rise in net profit to €4.17bn, with revenue up 3% to €66.3bn, as price hikes and auto insurance ...
CBIZ Insurance Brokerage to Be Spun Out as New Mountain-Backed Standalone After $5B Grant Thornton Takeover
Grant Thornton’s US arm will pay $5 billion for CBIZ, then split off its fast-growing benefits and insurance business as...
Nigeria’s Insurance Recap Deadline Ends; Industry Awaits NAICOM’s Compliant List
Nigeria’s year-long insurance recapitalisation programme closed today without a single merger, as firms raised nearly N3...
Climate Change Drives 20-Fold Increase in Spain Fire Risk, Study Says — Insurers on Alert
A World Weather Attribution study shows human-caused warming has made the extreme fire weather behind France and Spain’s...
Baldwin Revenue Jumps 30% in Q2, but Losses Widen; H2 Organic Growth Forecast
The Baldwin Group posted a 30% revenue surge in Q2 2026, yet a net loss of $55.9 million overshadowed results. CEO Trevo...
Munich Re: First-Half 2026 Natural Catastrophe Insured Losses at $44B, Below Historic Averages
First-half global insured losses from natural disasters reached $44 billion, below the 10-year and 5-year averages, with...
Mapfre Takes 38.9% Stake in Insurtech Tuio to Expand AI-Driven Distribution
Spanish insurance giant Mapfre acquires a significant minority stake in Tuio, betting on the startup's AI agents to mode...
Munich Re: Global Natural Disaster Losses Hit $112bn in First Half of 2026
Insured losses plunged to $44bn as the costliest event—a Venezuelan earthquake—was overwhelmingly uninsured. The industr...
SCOR Delivers €171m Q2 Net Income as P&C Combined Ratio Falls to 79.5%
Global reinsurer SCOR reported a strong second quarter, with P&C underwriting benefiting from low natural catastrophe lo...
Roamly Opens London Underwriting Hub for Shared Mobility, Backed by Lloyd’s Authority
The Ride Platform’s insurance arm, Roamly, is deploying its newly acquired Lloyd’s coverholder status to underwrite comm...