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  • Reinsurance Prices Ease Amid Surplus Capacity and Slower Cedent Demand, Say Brokers

    Reinsurance Prices Ease Amid Surplus Capacity and Slower Cedent Demand, Say Brokers

    July 05, 2025 | 09:21pm

    Robust returns in the reinsurance sector are drawing in fresh capital, resulting in more favorable pricing for buyers. However, brokers’ renewal reports note that underwriting discipline remains firmly in place.
  • Zurich Insurance Bolsters Tech Offerings Through BOXX Acquisition

    Zurich Insurance Bolsters Tech Offerings Through BOXX Acquisition

    July 04, 2025 | 09:50pm

    Zurich Insurance Group AG has announced its acquisition of BOXX Insurance Inc., a Canadian company specializing in cyber risk management, marking the Swiss insurer’s latest strategic move to strengthen its presence in the insurtech space.
  • Insurers Gear Up for the AI-Driven Decision-Making Era

    Insurers Gear Up for the AI-Driven Decision-Making Era

    July 03, 2025 | 09:00pm

    The adoption of artificial intelligence in insurance is less a sprint to the finish than a scramble to reach the starting line, experts say.
  • Nationwide Finalizes $1.25 Billion Acquisition of Allstate’s Stop-Loss Division

    Nationwide Finalizes $1.25 Billion Acquisition of Allstate’s Stop-Loss Division

    July 03, 2025 | 09:03am

    Nationwide announced the successful completion of its $1.25 billion acquisition of Allstate’s Group Health business segment. The deal was initially announced in January.
  • Philadelphia Insurance Restores Operations Following Network Outage

    Philadelphia Insurance Restores Operations Following Network Outage

    July 03, 2025 | 08:48am

    Philadelphia Insurance announced that its operations have been fully restored after experiencing a network outage.
  • Hiscox Launches Digital Insurance for Small Cargo and Stock Throughput Risks

    Hiscox Launches Digital Insurance for Small Cargo and Stock Throughput Risks

    July 02, 2025 | 09:50pm

    Hiscox, the Bermuda-based global specialist insurer, has introduced a new API-driven Cargo solution, designed to underwrite small cargo and stock throughput risks through its network of broker partners.
  • Maryland Woman Accused of Embezzling Contractor and Insurance Funds

    Maryland Woman Accused of Embezzling Contractor and Insurance Funds

    July 02, 2025 | 09:18pm

    A Maryland woman has been indicted on two felony theft charges for allegedly misappropriating funds from a general contractor and the state’s backup auto insurance provider.
  • What’s the Real Price of a Heat Wave? Insurers and Executives Want Answers

    What’s the Real Price of a Heat Wave? Insurers and Executives Want Answers

    July 02, 2025 | 08:51pm

    When hurricanes or wildfires hit, the economic toll is immediately apparent — torn-off roofs and scorched homes starkly mark the devastation.
  • Catastrophe-Driven Hedge Fund Strategy Embraces the Rising Parametric Trend

    Catastrophe-Driven Hedge Fund Strategy Embraces the Rising Parametric Trend

    June 30, 2025 | 10:43pm

    One of the most successful hedge fund strategies in recent years—insurance-linked securities—is embracing a classic concept that has suddenly surged back into favor.
  • Reeves Proposes New Regulations to Establish UK Captive Insurance Market

    Reeves Proposes New Regulations to Establish UK Captive Insurance Market

    June 30, 2025 | 09:54pm

    The UK government is set to introduce regulatory reforms aimed at establishing a promising new insurance market valued at billions of pounds, as part of its efforts to enhance national competitiveness.
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