Daily news and analysis on insurance industry trends, regulations, and market insights
The Lloyd's group is taking control of an Indian lender and plans to fold its Digit insurers into it, as UK rivals Aviva and Prudential also tighten their grip on India
GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings Inc. for about $4.6 billion. Under the terms of the agreement, CCC stockholders
The share of auto insurance claims flagged as total losses reached 23.5% in the first half of the year, up slightly from a year earlier, a new report shows. The 2026 Crash Course Mid-Year Update from
New research finds leave programs are expanding faster than the administrative capacity to run them compliantly
Four hires from Besso strengthen Miller’s Southern European push as Italy’s new compulsory catastrophe cover rules drive demand for London market access
Markel Insurance announced two key appointments within its marine & energy liability underwriting team in London, appointing Josephine Stroud as head of energy liability and Jenny McFarlane as sen
A cargo ship sank in the Strait of Hormuz after a strike that sparked a fire and the evacuation of crew members, the Maritime and Port Authority of Singapore said. The GFS Pride was damaged in a strik
South Korean firm Shinhan Financial Group Company Ltd. has agreed to acquire a 77% stake in domestic peer Lotte Non-Life Insurance Company Ltd. from Seoul-based private equity firm JKL Partners Inc. f
Catastrophe risk management firm Karen Clark & Co. (KCC) said privately insured losses from wind and storm surge during Hurricane Isaias will be about $3 billion, making the storm one of the most
A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has coached its u
Psychological treatment for injured staff and a stronger supplier extension lead the mid-market update
The Novacap-backed actuarial firm adds complex claims, litigation support and run-off administration in its third acquisition since 2023
Switzerland-headquartered Zurich Insurance Group AG has appointed Scott Yin as chief executive officer for Zurich General Insurance Company (China) Ltd., Reinsurance News reported. Yin has over two de
As clients reroute supply chains and change suppliers, coverage gaps are widening
The US excess and surplus lines insurance market continues to win business from the admitted market, but premium growth has slowed to single digits, executives said at the Wholesale & Specialty Insura
Insurance executives are confident about their artificial intelligence progress, but that confidence may not match reality, according to a new report from KPMG International. The survey of 44 insuranc
October 15 is the Great ShakeOut, a day when millions of Americans participate in earthquake drills while at school, work or home. The Missouri Department of Commerce and Insurance (DCI) is using Octo
A federal appeals court on Tuesday revived wage claims against supermarket chain Lidl brought by a former employee who alleged she was required to arrive early for opening shifts but was not paid for
TD Cowen sees mid-single-digit organic growth holding despite softening property rates and AI fears
They include a new chief risk officer and a new head of finance
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