Lloyd’s has signed a new agreement with ICICI Lombard General Insurance Company Ltd to expand its multinational insurance capability in India. The deal gives Lloyd’s managing agents a local policy ...
The Australian arm of South African financial services conglomerate Sanlam Group will need to have its compliance processes reviewed by an independent expert after it admitted to breaching its ...
Michael Quigley has been with Munich Re for over 15 years, holding various leadership roles in property underwriting and risk quantification. His expertise spans property treaty underwriting, pricing ...
Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...
Jones Day said hackers breached the firm and accessed files tied to 10 clients. The cybercrime group Silent claimed responsibility and listed Jones Day on its extortion site. The group has built a ...
S&P Global has completed its acquisition of Enertel AI Corporation, a company focused on artificial intelligence for power market forecasting. The deal brings Enertel’s short-term price forecasting ...
The US property and casualty insurance industry is on track for its lowest net combined ratio in more than a decade for full-year 2025, even after absorbing heavy losses from California wildfires ...
Tokenization of real-world assets, particularly reinsurance contracts, offers an opportunity to expand capital sources in the insurance sector, according to Jay Madhu, CEO of Oxbridge Re Holdings. He ...
PIMCO and Legal & General Group have been accused of placing undue pressure on property valuers in a dispute over The Finance Tower, a 142-metre Brussels skyscraper. The building’s owner has collapsed ...
The California Department of Insurance has finalized its review of the state’s first approved wildfire catastrophe model, marking a major shift in how property insurers may assess and price wildfire ...
Convr AI, a privately held insurtech company that provides an AI-powered underwriting, data, and intelligent document automation workbench for commercial P&C insurance, closed 2025 with a string of ...
Insured catastrophe losses in Canada reached a record C$8.5 bn ($5.9 bn) in 2024, nearly tripling the prior year’s total and standing 12 times higher than the annual average of C$701 mn recorded in ...