Iranian national arrested in UK over RAF incident
Terrorism-or-war question is back in the spotlight
Insurance News
New warning as long October heat wave tests California's fire defenses and its insurance market
Forecasters warn the heat could last into mid-month, two weeks before the FAIR Plan's biggest rate increase in years takes effect
Marine war risk challenges require central solution as mounting losses expose claims gaps: Markel
Head of claims for Asia Bo Yu tells InsuranceAsia News that the 98 vessels that have been attacked in the Strait of Hormuz since February are driving calls for greater collaboration between hull insur
Triple-I: Florida insurance survey misses ‘vastly improved’ market
Industry group challenges gloomy homeowner perceptions as rates ease and private-market capacity continues to return
Texas Stock Exchange Raises $155 Million After First Listings
The parent company of the Texas Stock Exchange raised $155 million in a third funding round, bolstering its financial firepower as it challenges the New York Stock Exchange and the Nasdaq for equities
China Has an 18-Wheel Answer to Soaring Global Diesel Prices
As Qu Shaolong pulls his electric truck into one of the many charging stations that dot the Chinese coal hub of Yulin, the latest phase in the country’s energy transition is playing out in real
Panama Canal disruption creates new cargo accumulation headache
Experts warn that drought-linked constraints at the key waterway are raising transport costs, but the bigger insurance concern may be where and how cargo may be rerouted
California law forces FAIR Plan to share policyholder data with private insurers
California wants FAIR Plan policyholders shopping the open market - and brokers doing the steering
Most risk leaders lack a framework to act on what they already know
A Willis Research Network report finds the gap between risk awareness and decision-making is where competitive advantage is won or lost
Facing Climate Lawsuits, Big Oil Again Turns to US Supreme Court
Facing potential liability for harms related to climate change, major oil companies have again turned to the US Supreme Court, teeing up a case that could determine the fate of dozens of climate-relat
World Insurance Associates buys New Jersey snow and ice specialist
Arctic Risk Specialists brings a contractor book built around one of commercial liability's most claims-heavy niches
The Standard adds California specialist as mandate drives demand
California's mandate now covers every employer with a W-2 worker, and The Standard is adding specialist capacity in Orange County and San Diego to meet demand
Passengers Avert Crash Tackling Pilot Who Stabbed Colleague
A pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane in what Israeli Prime Minister Benjamin Netanyahu branded a serious security incident.
AIG’s Lexington Starts Financial Institutions Practice
American International Group’s excess & surplus subsidiary Lexington Insurance has set up a dedicated financial institutions practice to support wholesale produced private company banks, ass
Griffin’s University Plan Turbocharges Miami Transformation
Ken Griffin has spent years trying to reshape Miami from a playground for the world’s wealthy into a high-finance and technology hub. That effort has largely centered on the city’s burgeon
People Moves: Howden Re Launches Danish Office, Naming Ellborg as MD; Re/Insurance Broker Cogent Names Holberry as CEO Designate
This edition of International People Moves details appointments at Howden Re and the re/insurance broker Cogent. A summary of these new hires follows here. Howden Re Launches Danish Office, Naming Ell
Insurance moves: Ascot, Everest, MSIG USA, Starr, Paragon, Corgi, More
Ascot splits into two divisions and hires AIG's Chris Flatt for a new consumer unit, as Everest, MSIG USA and Starr fill senior roles
Lotte Non-Life eyes mid-October open sale, awaits bidders: report
Industrial Bank of Korea and Heungkuk Fire & Marine Insurance are seen as potential bidders in the new auction, according to Maeil Business. The post Lotte Non-Life eyes mid-October open sale, aw
Simon Global launches Singapore-based reinsurance broker
Upon completion of its registration with the Monetary Authority of Singapore, SG Re will focus primarily on treaty reinsurance business across Asia, with particular emphasis on Japan, South Korea and
Tooker to Succeed Swift as CEO of The Hartford
The Hartford President A. Morris “Mo” Tooker is to succeed Christopher Swift as CEO in March 2027. Swift will transition to the role of executive chair of the board after nearly 13 years a
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