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Aon, EBRD expand Ukraine war risk reinsurance

Aon plc and the European Bank for Reconstruction and Development have expanded the Ukraine Recovery and Reconstruction Guarantee Facility, a war risk reinsurance program for Ukrainian insurers, to 150

πŸ“… 2026-10-14 | πŸ“° Business Insurance
#insurance-news #aon #ebrd

Data centre risk profiles are changing at pace: how to respond?

Patrick McBride, head of International Construction, Global Specialty, Zurich Insurance urges risk managers to engage early and consider the full project lifecycle to avoid policy gaps with data centr

πŸ“… 2026-10-14 | πŸ“° Commercial Risk Europe
#insurance-news #data #centre

Marsh names former Meta exec digital leader

Marsh on Wednesday said it has named former Meta risk manager Michael Crowley as senior enterprise risk adviser for digital infrastructure. Mr. Crowley will help clients manage risk and build resilien

πŸ“… 2026-10-14 | πŸ“° Business Insurance
#insurance-news #marsh #names

Aviva, Q Underwriting seal $265M partnership renewal

U.K.-based Aviva plc and Q Underwriting Services Ltd. have extended their commercial motor partnership by five years in a deal worth around 200 million British pounds ($265 million) in gross written p

πŸ“… 2026-10-14 | πŸ“° Business Insurance
#insurance-news #aviva #underwriting

Turning risk awareness into action

The opening day of the Parima Singapore conference sees the conclusion of the Next Gen Risk Takers challenge that has continued throughout the year. Commercial Risk Asia editor Adrian Ladbury intervie

πŸ“… 2026-10-14 | πŸ“° Commercial Risk Europe
#insurance-news #turning #risk

Business Moves: Liberty Mutual to Buy Brazil’s Austral Seguradora

Liberty Mutual Insurance said it has an agreement to acquire Austral Seguradora, a top-five Brazilian surety provider headquartered in Rio de Janeiro. Upon completion of the transaction, Liberty Mutua

πŸ“… 2026-10-14 | πŸ“° Insurance Journal
#insurance-news #business #moves

Cornell Pauses Frat Parties as Assault Case Builds Pressure

Cornell University President Michael Kotlikoff announced plans to strengthen campus safety, including suspending fraternity parties, after sexual assault allegations from a former student roiled the I

πŸ“… 2026-10-14 | πŸ“° Claims Journal
#insurance-news #cornell #pauses

US Commercial Construction Growth Slows as A.I. Data Centers Drive Market

Non-residential construction spending grew nearly 1% in 2025, effectively stalling after years of expansion, and is on track to decline in 2026 for the first time since 2010 excluding a pandemic-relat

πŸ“… 2026-10-14 | πŸ“° Risk & Insurance
#insurance-news #commercial #construction

Illinois Launches Cover Crop Insurance Savings Program for 2027

The Illinois Department of Agriculture (IDOA) is offering its insurance discount program for cover crops for the eighth year. The program, called Fall Covers for Spring Savings Program, encourages cov

πŸ“… 2026-10-14 | πŸ“° Insurance Journal
#insurance-news #illinois #launches

Trump’s AI Liability Push Opens Blame Game for Models Gone Rogue

The Trump administration’s embrace of legal liability to enforce artificial intelligence safety sets the stage for future conflicts over who foots the bill when AI models go rogue: the companies

πŸ“… 2026-10-14 | πŸ“° Insurance Journal
#insurance-news #trump #liability

Business Interruption Claims Approach $1M Average, Says Allianz

The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes,

πŸ“… 2026-10-14 | πŸ“° Insurance Journal
#insurance-news #business #interruption