IAG New Zealand's insurance profit dropped by 23% to AUD 467 million, with an 8% decline in gross written premiums attributed to market conditions.
Bermuda reinsurers improved their financial outlook in the first half of 2026, driven by reduced catastrophe losses, despite a decline in net premiums.
The EU's goal of achieving 90% gas storage before winter is hindered as LNG exports shift to Asia due to supply issues from the Iran conflict.
The 2026 U.S. Insurance Awards highlighted innovations in risk management, recognizing leaders and initiatives that enhance industry practices and education.
Danielle Lisenbey has received the 2026 Business Insurance Lifetime Achievement Award for her impactful leadership and advocacy for women in the industry.
Florida's insurance market shows signs of recovery, with reduced fraud and plunging premiums due to recent tort reforms, though challenges remain.
Parametric insurance is expanding rapidly due to advancements in data reliability, providing faster payouts and coverage for new risks, even amid a softening market.
A recent Tennessee case highlights the need for precise job descriptions in workers’ compensation to aid physicians in fair return-to-work evaluations.
Cumulative trauma claims in California are driving increased medical-legal costs and litigation, raising concerns among insurers and employers.
Power generation capacity in the U.S. is rapidly expanding, fueled by data center demand, creating new market dynamics and risk considerations.
Global reinsurers demonstrate high financial strength amid diverse exposures, critical for managing risk and supporting the larger insurance industry.
Christina Montes De Oca, CEO of Coface North America, shares how trade credit insurance adapts to uncertainty and evolving market demands.
As organizations evolve, understanding and addressing cyber risk is crucial. Effective incident response plans and clear vendor roles can significantly mitigate exposure.
As social media use among teenagers increases, parents face new challenges, prompting legal actions and legislation aimed at safeguarding youth mental health.
Insurers are increasingly focusing on the effective use of telematics and safety tech for fleet insurance, shaping risk evaluations and pricing strategies.