Insurance
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June 16, 2025
Gard restructures across five business units
Maritime mutual insurer Gard is restructuring across five business units in a bid to be more client-focused and improve its…
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June 16, 2025
Marsh launches $1bn construction cover for data centres in UK and Europe
Marsh has launched an insurance facility to provide clients with construction cover for large-scale data centres in the UK and…
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June 16, 2025
New global cyber leader within commercial risk solutions at Aon
Brent Rieth has been appointed to the role of global cyber leader within commercial risk solutions at Aon. In his…
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June 16, 2025
Air India crash will harden global aviation (re)insurance market, says GlobalData
The Air India plane crash is set to harden the global aviation insurance and reinsurance markets, according to GlobalData. It…
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June 16, 2025
CFC hires former Markel CUO Nick Line
CFC Underwriting has named Nick Line, former chief underwriting officer at Markel, as its next CUO. Line will join CFC…
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June 13, 2025
Take the front foot with cyber
Sam Bye, head of cyber, Asia & Middle East, AXA XL, argues that a proactive approach to cyber security is…
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June 13, 2025
AI insurtech Concirrus expands US footprint
London-based AI insurtech Concirrus has expanded its US footprint through a new deployment with one of the world’s top ten…
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June 13, 2025
Samsung Fire & Marine to increase its shareholding in Canopius to 40%
Korea’s Samsung Fire & Marine has entered into an agreement with Canopius to purchase an additional 21% equity stake, bringing…
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June 13, 2025
Munich Re Specialty North America launches life sciences coverage
Munich Re Specialty North America has launched a life sciences coverage programme. The coverage is designed for companies involved in…
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June 12, 2025
Insurance Europe calls for changes to ‘excessive’ AML rules
Europe’s insurers have called for new proposals to strengthen the bloc’s anti-money laundering (AML) framework to be revised. Commenting on…
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June 12, 2025
Managing General Agents’ Association partners with Insurance DataLab
The Managing General Agents’ Association (MGAA) has partnered with market intelligence platform Insurance DataLab. The firm has also joined the…
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June 12, 2025
Aircraft lessors can claim for Russia jet losses under war risk policies, finds London court
A London court overseeing claims brought by six aviation leasing companies has largely ruled in favour of policyholders, in a…
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June 12, 2025
New insurtech offering from Markel Insurance
A new insurance product for insurtech businesses domiciled in UK, Europe, Australia, Asia and Canada has been launched by Markel…
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June 12, 2025
Third-party litigation funding fuelling speculative claims in Canada
The Canadian court system is being used by third-party investors to profit on lawsuits, according to a new report from law firm…
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June 12, 2025
FM names Jennifer Reno risk manager
Jennifer Reno, formerly global risk manger at QVC, has joined FM as vice president of risk management. Reno, who has…
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June 12, 2025
E&S market’s growth rate slows in US
The US excess and surplus (E&S) market continued to grow in 2024 but at a slower rate for the second…
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June 11, 2025
Cyber set to become next ‘battleground’ for BI disputes
A large systemic cyber event is likely to become the next Covid-19 and spark coverage disputes and litigation over untested…
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June 11, 2025
Use of conditions precedent rises, finds Airmic survey
Insurers are making greater use of conditions precedent to circumvent policyholder protections introduced by the Insurance Act, according to a…
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June 11, 2025
UK market softening gathers pace
The UK commercial insurance market is softening quicker than many expected and faster than most other parts of the world,…
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June 11, 2025
Dealmakers turn to M&A insurance amid tariff volatility
The US tariff announcement in April triggered a drop in demand for merger and acquisition (M&A) deals and an increased…