The U.S. property and casualty insurance sector looks set to grow faster than the wider economy in 2025, with underwriting profit projected for the second year in a row
SiriusPoint offloads its Arcadian Risk Capital stake to Lee Equity for $139mn but extends capacity deal through 2031 to keep backing the MGA
Insurance losses from Australian natural disasters fell to $1.97bn in 2025, ICA reports, but resilience gaps leave communities and governments at growing risk
Meanwhile, a Bermuda-regulated bitcoin life insurer, raised $82mn led by Bain Capital Crypto and Haun Ventures to expand BTC life insurance and savings products
Lloyd’s introduces Cohort 15 of its Lab Accelerator, with startups focused on risk, data intelligence, climate, energy and process transformation
CatIQ’s latest estimate for the March 2025 ice storm rises to CAD 490m, with personal property claims in Ontario and Quebec driving higher costs
European insurers like the tone of EIOPA’s push to cut Solvency II reporting, yet they’re warning the execution risks missing the mark
Insurance groups call on the European Commission to cut complexity in EU sustainability reporting, citing risks, data gaps and litigation concerns
State Farm faces federal lawsuit alleging AI-driven bias, unpaid $372K in claims, and fraudulent damage reporting practices
Florida Senators roll out bills to cut insurance hikes, expand oversight, create relief funds, and mandate fairer claims processes
Ontario’s FSRA to intensify life insurance agent scrutiny in 2026, expand misconduct reviews, and push transparency across insurers
California expands FAIR Plan with new financing tools, mobile home coverage, automatic payment rules, and oversight reforms under Newsom’s signed bills
Munich Re Specialty gains approval for German specialty market entry, adds surety to product lines, expands from UK, Ireland, and Spain operations
WTW accuses Howden of poaching brokers and clients through nationwide raids, moving millions in business within days of staff departures
Court says Evanston must defend builder in $78mn auto accident case, but insurer has no duty to indemnify under its commercial general liability policy
SiriusPoint offloads ArmadaCare to Ambac for $250mn, books $220–230mn pretax gain, extends capacity partnership with Armada through 2030
Indiana court rules Cincinnati Insurance had no duty to defend or indemnify Thompson Thrift in $PCE contamination dispute at Arizona apartments
DOJ accuses IEHP of misusing $320mn in Medi-Cal funds through sham programs, false statements, and improper expenses. IEHP vows to fight the claims
Excess & surplus insurers logged 11% premium growth in 2024, Fitch says, with underwriting ratios outpacing the wider P&C market for a third year running
Fitch says UK life insurers keep solvency ratios above 200% in 1H25 despite weaker annuity volumes, tighter margins, and rising exposure to private assets
Tokio Marine teams up with OpenAI to bring generative AI into sales, contracts, and customer services, aiming for sharper proposals and faster processes
Conduzco Seguros offers Spanish-speaking U.S. drivers Mexican auto insurance via Quálitas, targeting cross-border travel needs with online convenience
FCA says UK motor insurers will return £200 m to 270,000 drivers after a review found historic underpayments and unfair claims practices.
A U.S. district court ruled Iowa’s ban on residential contractors acting as public adjusters does not violate constitutional rights, dismissing a builder’s suit
South Korea’s DB Insurance makes first U.S. acquisition, buying Fortegra Group for $1.65bn to expand into surety, warranty, and global P&C growth.
Moody’s says US property & casualty insurers boosted H1 2025 profits to $27bn, offsetting $16.1bn wildfire losses with stronger auto, homeowners, and investments
Munich Re, with local and regional partners, launches a $5m epidemic and pandemic cover for the Maldives’ tourism industry to boost resilience
Acrisure has issued a sharp warning on the rising threat of third-party cyberattacks, arguing that vendor vulnerabilities now represent one of the most serious risks
PERILS sets final insured loss for Sept 2024 Central Europe and Italy floods at €2.15bn, citing Austria, Czech Republic, and Poland as hardest hit
Australia’s motor trade group says IAG’s RAC Insurance takeover would entrench consolidation, raising premiums and reducing consumer choice
Carbon insurer Oka opens in Singapore with Lloyd’s approval, aiming to back carbon trading, green finance, and transition projects across Southeast Asia
Catastrophic rounds of severe storms continued impacting U.S. and Canadian insurers in mid-September generating losses estimated in the hundreds of millions of dollars
Qover and Helvetia broaden collaboration to deliver embedded, omnichannel insurance solutions, targeting $30bn market growth by 2030
Aon introduces Specialist Claims Solutions with ARMStrong partnership, targeting claims leakage, efficiency, and profitability for insurers and MGAs
The BoE signals tougher oversight of funded reinsurance and offshore financing, citing systemic risk and capital arbitrage in life insurers’ annuity deals
Hippo appoints Laura Hay and Susan Holliday to its board, bringing decades of insurance, reinsurance, and governance experience to fuel growth and oversight
Insurance brokers lean on large acquisitions as organic growth cools, raising leverage risks but highlighting sector resilience and cash flow strength
The Patients Over Profits Act would ban insurers from owning Medicare providers, forcing divestitures and reshaping the health care business model
Rep. Maxwell Frost questions Citizens’ arbitration system, pressing Florida leaders for details on HB 799 and fairness in policyholder disputes.
Vienna Insurance Group reports higher H1 2025 profit, premium growth, improved combined ratio, and 278% solvency, eyeing $1bn profit target
Simplicity Group buys Professional Planning Services, adding new partners and strengthening its holistic wealth and protection offering in Summit, NJ
Renaissance Life & Health will buy Ansel Health, adding its supplemental health tech platform and RenSecureHealth product to expand benefits innovation
Howden Broking has reached an agreement to acquire Gravitas Insurance Agency, a Los Angeles-based retail brokerage specializing in contingency insurance for music, sport, and live events
Radian Group to acquire Inigo Insurance for $1.7B in all-cash deal, doubling revenue and shifting from mortgage focus to global specialty lines
Acrisure London Wholesale partners with Madanes, Israel’s largest broker, to provide Lloyd’s and London market access for complex placements
Texas regulators have placed New Century Insurance Co. into liquidation after a Travis County District Court ruled the property and casualty insurer insolvent
The August wildfire that tore through Kingston, Newfoundland and Labrador, has racked up more than C$70 mn in insured damage, according to CatIQ’s latest estimates
Over 160 wildfires in 2025 have scorched Canada, forcing mass evacuations, killing two, and leaving Manitoba and Saskatchewan hardest hit
Insured losses from Calgary’s July 13 hailstorm have nearly doubled, climbing from C$92 mn to C$164 mn, according to new figures from CatIQ
H1 2025 saw record $40bn wildfire losses in Los Angeles, heavy US tornado damage, Cyclone Alfred floods in Australia, and a major quake in Myanmar
Swiss Re research shows GLP-1 drugs may lower mortality in US and UK by 2045, but benefits hinge on uptake, adherence, and long-term lifestyle change
Bamboo Insurance partners with Accredited to launch E&S Signature in California, expanding coverage as carriers exit the state’s volatile homeowners market
Berkshire Hathaway Specialty Insurance expands UK A&H with new Group Personal Accident and Business Travel Insurance, adding global reach and digital support
S&P says UK life insurers gain from pension transfers and regulation, while P&C faces margin pressure despite past rate hikes and ongoing consolidation
JP Morgan says a benign Atlantic hurricane season may boost reinsurer profits up to 13% in 2025, despite softening property catastrophe rates
Fitch says US E&S premiums grew 11% to $117bn in 2024, with stronger profits than P&C peers despite easing property rates and rising liability costs
Allianz UK rolls out BRIAN AI for underwriters, saving 65k minutes, boosting speed, accuracy, and confidence in customer enquiry responses
Morningstar DBRS says insurers face $80bn H1 losses, softening property rates, and warns underwriting discipline is the key to sustainable growth
A $7.9m parametric payout will aid 120,000 Syrians hit by severe drought, showing how pre-arranged insurance can deliver fast relief in fragile states
Allianz study shows 70% of Americans caring for kids and parents say retirement plans suffer, with many cutting savings to support dual caregiving needs
