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Catastrophe-Bond Holders Bet Hurricane Polo Won’t Trigger Losses

Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say

πŸ“… 2026-09-25 | πŸ“° Claims Journal
#insurance-news #catastrophe-bond #holders

Miller launches Malaysia operation as Asian expansion continues

U.K-based Specialist reinsurance broker Miller Insurance Services LLP has launched Miller Malaysia as it continues to expand its presence across Asia, Asia Insurance Review reports. Operating under a

πŸ“… 2026-09-25 | πŸ“° Business Insurance
#insurance-news #miller #launches

California comp benefits outpace combined total of three large states

California workers compensation benefit payments increased 7.1% to $13.88 billion in 2023, outpacing nationwide growth of 3.8%, according to a California Workers’ Compensation Institute analysis relea

πŸ“… 2026-09-25 | πŸ“° Business Insurance
#insurance-news #california #comp

Catastrophe-Bondholders Bet Hurricane Polo Won’t Trigger Losses

Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say

πŸ“… 2026-09-25 | πŸ“° Insurance Journal
#insurance-news #catastrophe-bondholders #bet

IAG pursues RAC Insurance acquisition despite regulatory rejection

Australia’s competition regulator has rejected IAG’s proposed $1.35 billion acquisition of RAC Insurance, citing concerns that the deal would significantly increase IAG’s market share and reduce compe

πŸ“… 2026-09-25 | πŸ“° Business Insurance
#insurance-news #iag #pursues

NorthStandard offers members new system to tackle jamming and spoofing

Marine insurer NorthStandard has entered a partnership with SGM Technology to offer members access to its PntGuard™ platform, which authenticates ship position signals in real time on preferent

πŸ“… 2026-09-25 | πŸ“° Commercial Risk Europe
#insurance-news #northstandard #offers

Carisk buys FirstCare Onsite

Carisk Partners, a specialty risk transfer and care coordination company serving the workers compensation market, said Thursday it has acquired FirstCare Onsite, a provider of onsite occupational heal

πŸ“… 2026-09-25 | πŸ“° Business Insurance
#insurance-news #carisk #buys

Insurers plan to more than double AI spending by 2029

Insurers and reinsurers plan to more than double their artificial intelligence spending over the next three years as they seek greater efficiency and revenue growth, according to an S&P Global Rat

πŸ“… 2026-09-25 | πŸ“° Business Insurance
#insurance-news #insurers #plan