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FWD to acquire 25% of Bolttech Hong Kong

FWD Ltd., a wholly owned subsidiary of Hong Kong-listed FWD Group Holdings Ltd., has agreed to buy a 25% stake in Bolttech Insurance (Hong Kong) Company Ltd. for a base consideration of 163 million Ho

πŸ“… 2026-10-14 | πŸ“° Business Insurance
#insurance-news #fwd #acquire

Isaias losses could reach mid-single-digit billions of dollars

Onshore insured property losses from Hurricane Isaias will range between $1bn and $2bn, according to Verisk, while Fitch said overall losses could reach mid-single-digit billions of dollars. Verisk’s

πŸ“… 2026-10-14 | πŸ“° Commercial Risk Europe
#insurance-news #isaias #losses

Exxon Blocked Proposal to Settle $5 Billion Kashagan Dispute

ExxonMobil Holdings Corp. blocked a proposal for partners in the Kashagan oil field in Kazakhstan to make a settlement with the government over a disputed $5 billion environmental fine, according to p

πŸ“… 2026-10-13 | πŸ“° Claims Journal
#insurance-news #exxon #blocked

Etude Launches E&S Carrier with $100M Surplus

Etude launched Etude Specialty Insurance Company, a technology-driven excess and surplus lines carrier for commercial property and casualty. Etude Specialty is domiciled in Nebraska, has more than $10

πŸ“… 2026-10-13 | πŸ“° Insurance Journal
#insurance-news #etude #launches

Flood Re announces national UK flood resilience platform

UK reinsurance pool Flood Re has announced that it will launch a UK-wide resilience platform to help businesses, local government bodies, private individuals, communities and charities manage flood ri

πŸ“… 2026-10-13 | πŸ“° Commercial Risk Europe
#insurance-news #flood #announces

Lockton appoints head of broking for marine hull

Gill Martin has been appointed as head of broking, marine hull, at Lockton. She will be based in London and will lead Lockton’s marine hull broking strategy, working closely with clients, insurers and

πŸ“… 2026-10-13 | πŸ“° Commercial Risk Europe
#insurance-news #lockton #appoints

Iran Escalates Attacks on Ships, Threatening Oil Export Recovery

Iranian attacks on ships crossing the Strait of Hormuz have surged, potentially threatening the recent recovery in Persian Gulf oil exports. People working in the shipping industry said there were sig

πŸ“… 2026-10-13 | πŸ“° Insurance Journal
#insurance-news #iran #escalates