#insurance
articles
Covenant Logistics Tumbles After Earnings as Management Defends Long-Term Strategy
Covenant Logistics stock fell 11% after second-quarter earnings missed expectations, while management argued its shift t...
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...
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...
Allianz Tightens Grip on Pimco with €1.4 Billion Share Buyback from Former Staff
Allianz is raising its ownership in bond fund giant Pimco to at least 95 percent, buying out former employees' stakes fo...
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...
AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise
French insurer AXA reports H1 operating profit up 2% to €4.5bn, lifts net income 6% to €4.2bn, and reaffirms 8% EPS grow...
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...
Crédit Agricole Beats Forecasts as Regional Banks and Insurance Unit Drive 7.8% Profit Jump
French lender’s Q2 net income rises to €2.7 billion, with a record insurance quarter offsetting the impact of last year’...
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...
AXIS Capital Taps McKinsey Veteran as Head of Technology & AI Strategy
AXIS Capital has appointed Rahil Jogani, a 16-year McKinsey partner, to lead its newly created technology and AI strateg...
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...
Mississippi Court Upholds Total Disability Benefits for Repetitive Strain Food Plant Worker
Mississippi appeals court rules that a food plant worker with carpal tunnel from repetitive tasks is owed permanent tota...
Amman Stock Exchange Index Rises 0.53% on Industrial and Financial Sector Gains
The Amman Stock Exchange closed at 3,978.68 points, up 21 points, with the industrial index jumping 1.52% on pesticide a...
Europe's Wildfire Crisis Puts Insurers' Urban Exposure Models to the Test
Morningstar DBRS says losses remain manageable for large diversified insurers unless the fires reach densely populated a...
Dominique Diagou Steps Up: How the Next Generation Is Leading NSIA’s Insurance Empire
Mansan Dominique Diagou, daughter of founder Jean Kacou Diagou, has taken the helm of NSIA Holding Assurances, steering ...
Ibovespa Rises on Global Optimism but Petrobras and Insurers Drag; Dollar at R$5.11
Brazilian stocks climbed 0.8% as US-Iran tension eased, lifting bank shares, while oil and insurance stocks fell. Morgan...
Willis Warns Data Centre Sector Over-Insuring: Urges Shift to Risk-Led Buying
Insurance broker Willis (WTW) says many data centre owners may be buying excessive capacity without understanding their ...
French Government Opens Short-Time Work Scheme for Fire-Hit Businesses as Insurers Pledge Flexibility
More than 13,000 evacuated enterprises in Gironde, Landes and Var can now access France's partial unemployment programme...
Nigerian Insurers in Final Sprint to Beat July 31 Capital Deadline
With 50 of 58 insurers already verified, the regulatory crunch will decide which firms survive the new capital regime an...
Allstate Details Remote Insurance Sales Role, Expands Virtual Workforce
Allstate is recruiting licensed insurance sales representatives for a remote position with target pay of up to $76,480. ...
Gironde Prefect Shuts Businesses on Monday, Warns Wildfire Could Worsen as Heat Returns
No work in evacuated communes as 220,000 remain displaced; ministers to hold economic crisis talks and insurers meet Tue...
Bordeaux Wine Industry on Edge as Wildfires Force 250,000 Evacuations in France
Raging wildfires in southwest France have driven more than 250,000 people from their homes and are creeping toward Borde...
U.S. Home Insurance Claims Severity Hits All-Time High in 2025, Despite Falling Frequency
All-peril severity surged 25.9% to a record, with fire and lightning events driving costs, while claim frequency dropped...
Allianz SE: The Munich Giant That Insures the World and Manages Trillions
From property-casualty roots to a global asset management powerhouse, Allianz SE’s three-pillar model underpins its posi...
AI Could Break Insurance's Two-Decade Growth Stalemate, McKinsey Says
McKinsey & Company argues artificial intelligence can reshape insurance distribution, underwriting and productivity in w...
Mills Review Sparks Debate: Can AI-Driven Pricing Undermine Insurance Risk Pooling?
The FCA-commissioned Mills Review warns that hyper-personalised pricing could erode cross-subsidisation, but industry ex...