AIG navigates Russia-related aviation claims stemming from stranded aircraft
AIG continues to navigate Russia-related aviation claims stemming from aircraft stranded after the 2022 invasion of Ukraine
News
MetLife reports 2Q 2025 results with strong international growth
MetLife announced second-quarter 2025 results that reflect continued execution of its New Frontier strategy, building value for customers and shareholders despite a softer earnings quarter
Assicurazioni Generali reported higher H1 2025 earnings driven by growth across all business units
Assicurazioni Generali reported higher H1 2025 earnings driven by growth across all business units. The Italian insurer is reviewing a proposed €6.3 bn sale of its banking arm
Global reinsurance capacity continues to outpace incremental demand
Ample global reinsurance capacity continues to outpace incremental demand from cedants, shifting pricing power toward buyers, especially in property
iCover expands insurer network, reaching 30 life insurance partnerships
iCover, an algorithmic underwriting platform built for speed and scale, has increased its partner network by one-third over the past year
CyberCube partners with Wholesure to enhance cyber insurance for SMBs
Cyber risk analytics firm CyberCube has signed a strategic agreement with Wholesure, the wholesale brokerage division of Acrisure, a global fintech and insurance brokerage group
Insurtech bolttech and iBox launch TecProtec with AppleCare Services in Indonesia
Embedded insurtech bolttech has partnered with iBox, Indonesia’s largest Apple Premium Reseller and part of Erajaya Digital, to introduce TecProtec with AppleCare Services
Insurity doubles down on insurance claims tech with AI, automation and UX upgrades
Insurity, a cloud-native software provider for insurers, MGAs, and brokers, has shifted its development focus toward modernising claims operations
IntellectAI launches two specialised InsurTech ecosystems for insurers
IntellectAI has introduced two specialised InsurTech ecosystems designed for the distinct operational needs of insurance carriers, MGAs, brokers
Aon highlights rising cyber threats across Asia-Pacific, with focus on India
Aon highlights new trends in cyber threats across the Asia-Pacific region. The data draws from Cyber Quotient Evaluation (CyQu) scores
StarStone Insurance fights coverage in view SPAC litigation
StarStone Specialty Insurance has filed suit in federal court, aiming to avoid coverage obligations tied to a high-profile SPAC merger involving smart glass company View Inc
Pennsylvania Bill proposes workers’ comp insurance coverage for medical marijuana
House Bill 1766 seeks to mandate that insurers reimburse qualifying patients for medical marijuana expenses under the state’s Workers’ Compensation Act
The US economy absorbed $2.9 tn in losses from climate-related disasters between 1980-2024
The US economy absorbed nearly $2.915 tn in losses from climate-related disasters between 1980 and 2024. Incidents like the Palisades wildfires, Hurricane Helene
The UK’s commercial motor insurance market remains slow to shift toward electric vehicles
The UK’s commercial motor market remains slow to shift toward electric vehicles, complicating efforts by insurers to control rising claim costs and manage shifting risk profiles
Software Circle acquires 95% stake in Irish Fintech AIF for up to €9 mn
Software Circle, a London-listed software investment firm, has acquired a 95% stake in Dublin-based fintech Artificial Intelligence Finance (AIF) in a deal valued at up to €9mn
Home insurtech Hippo reported positive Q2 2025 results: $299 mn premium reached, $1 mn in profit
Home insurtech Hippo reported its first-ever positive net income in Q2 2025, closing the quarter with $1 mn in profit. Gross written premium reached $299mn, up 16% from $258mn a year earlier
Aon appoints former AARP CEO Jo Ann Jenkins to Board of Directors
Aon announced that Jo Ann Jenkins will join its Board of Directors effective August 15, 2025. Jenkins brings decades of leadership across nonprofit, public, and corporate sectors
AI insurtech Floodbase launches on-demand U.S. flood mapping tool for insurers
Floodbase has rolled out a near-real-time flood mapping platform across the continental U.S., offering on-demand event-based licensing
Insurtech Datos Insights acquired of InsTech, the insurance innovation community
Datos Insights, a global provider of data and advisory solutions to the financial services and insurance industries, has announced the acquisition of InsTech
FCA fines Woodford Investment Management over fund mismanagement
The Financial Conduct Authority (FCA) has issued fines against Neil Woodford and his firm, Woodford Investment Management (WIM), citing mismanagement of the Woodford Equity
Lloyd’s appoints Stephane Flaquet as Chief Operating Officer
Lloyd’s has appointed Stephane Flaquet as its new chief operating officer, effective Sept. 1, pending regulatory approval. He will also join the executive leadership team
California Department of Insurance targets FAIR Plan over smoke damage claim denials
The California Department of Insurance (CDI) has issued a show cause order against the FAIR Plan, accusing it of systematically denying smoke damage claims using policy language
Investors completed the €3.5 bn acquisition of life insurance platform Viridium
A group of institutional investors has completed the €3.5bn acquisition of Germany-based life insurance platform Viridium Group from private equity firm Cinven
Global P&C insurance market remained stable, with ongoing competition in property lines
The global P&C insurance market remained stable, with ongoing competition in property lines and cautious underwriting in casualty segments
Court backs United National Insurance on evidence ruling in Hurricane Laura claim dispute
The Fifth Circuit Court of Appeals upheld a key evidentiary ruling in a dispute between a policyholder and United National Insurance Co., but criticized the lower court for improperly disregarding
Insurtech Lemonade reduced Q2 net loss by 23%, in-force premium reached $1.1 bn
Lemonade Inc. reduced its Q2 net loss by 23%, reporting a loss of $44mn as premium volume continued to climb. Net earned premiums rose to $112.5mn, up from $89.3mn year-over-year
Avantia Group launches AI claims tool ‘Holmes’ to combat insurance fraud
Avantia Group, the digital home insurance company behind the direct-to-consumer brand Homeprotect, has introduced an AI-powered claims tool named Holmes
Mosaic Insurance launches Cyber-FI Crime coverage for digital asset
Mosaic Insurance has entered the digital asset market with a combined cyber and financial institutions (FI) crime insurance product
Clyde & Co secures dismissal of $25 mn personal injury claim Andrew Cannestra v McLaren
Clyde & Co has successfully defended McLaren Automotive Events Limited in a $25mn personal injury claim, following a High Court ruling that offers valuable precedent for insurers
Wingspan raises $24 mn Series B to expand contractor payroll infrastructure
Wingspan, a payroll platform built specifically for contractor management, has raised $24 mn in a Series B round led by Touring Capital
Cover Whale secures $40 mn to scale tech and insurance platform
Cover Whale, a trucking insurance startup operating as a managing general agent (MGA), has raised $40mn in equity funding from Morgan Stanley Expansion Capital
DynaRisk raises $4.7 mn to scale global operations and expand cyber insurtech offerings
DynaRisk, a London-based cyber risk management company, has secured $4.7mn in a funding round led by YFM Equity Partners
Verisk acquires AccuLynx for $2.35 bn to expand claims & restoration capabilities
Insurtech Verisk has signed a definitive agreement to acquire AccuLynx for $2.35bn in cash, aiming to boost its reach across the insurance claims
Insurtech Cyata exits stealth with $8.5 mn seed round to secure enterprise AI agents
Cyata, an Israeli cybersecurity startup, has launched publicly with $8.5 mn in seed funding led by TLV Partners. The company targets a growing blind spot in enterprise security: AI agents
Lemonade expands UK home insurance with buildings-only cover
Lemonade has launched a standalone buildings insurance product in the UK, completing its Homeowners offering and signaling further investment in the region
Michigan suspends Peak Title over escrow mismanagement and $2.6 mn dispute
Michigan’s Department of Insurance and Financial Services (DIFS) issued emergency suspensions against Peak Title of Michigan Inc. and Peak Title Agency Co
Resolution Life expands in Asia with reinsurance deal and Nippon Life acquisition
Resolution Life signed a flow reinsurance agreement with Taiju Life Insurance Co., part of the Nippon Life group, to support an Australian dollar-denominated
Ireland targets litigation costs in New Insurance Reform Plan
Ireland has released a renewed Action Plan on Insurance Reform, introducing 26 measures — including 10 marked as priorities — intended to reduce premium costs
Florida’s largest personal auto insurers are signaling an average rate reduction of 6.5%
Florida’s five largest personal auto insurers are signaling an average rate reduction of 6.5%, according to the Florida Office of Insurance Regulation
Illinois Insurance Battle: Giannoulias challenges credit-based auto rate models
Insurance industry groups swiftly criticized a new campaign launched by Illinois Secretary of State Alexi Giannoulias that challenges how auto insurers assess risk
U.S. insurance industry adds 7,500 jobs in July amid broader hiring slowdown
While U.S. hiring cooled in July, the insurance sector recorded a gain of 7,500 jobs, reversing a decline from the previous month
UK specialty insurers report improved regulator performance, survey finds
Specialty insurers and regulated firms in the UK market say financial regulators have made notable progress in performance between 2024 and 2025
Mississippi Insurance Commissioner warns of coastal property insurance rate hike by 16%
Mississippi Insurance Commissioner Mike Chaney confirmed that coastal property insurance rates will increase by 16% starting Jan. 1, 2026
Berkshire’s insurance group posted a sharp decline in pretax earnings, falling to $63
Berkshire’s primary insurance group posted a sharp decline in pretax earnings, falling to $63 mn from $279 mn a year earlier
AM Best is maintaining Negative outlook on France’s non-life insurance sector
AM Best is maintaining its Negative outlook on France’s non-life insurance sector, citing limited inflation-adjusted growth, pressure on margins
Chubb completed acquisition of LMG Insurance in Thailand for $321 mn
Chubb has completed its acquisition of LMG Insurance in Thailand for $321 mn, marking a strategic expansion of its operations in Southeast Asia
Maryland weighs transparency in growing use of auto insurance telematics
Telematics-based auto insurance has gained traction in Maryland, though its expansion has raised concerns over transparency and fairness
U.S. Wildfire Insurance Coverage Study Act – how wildfires affect property insurance pricing
The Wildfire Insurance Coverage Study Act aims to identify strategies that reduce financial exposure for homeowners and insurers
PERILS expands severe convective storm loss in Europe, Japan, New Zealand
Reporting will apply to industry losses exceeding €500mn in Europe, ¥100bn in Japan, and NZ$300mn in New Zealand. The scope includes both property and motor insurance lines
Everest Group records $98 mn aviation loss follows a U.K. High Court decision
Everest Group reported a $98mn charge in Q2 tied to aviation losses stemming from the Russia–Ukraine war. The loss follows a U.K. High Court decision
Insurtech COVU acquires Mitchell in push to scale AI-driven insurance in California
Insurtech COVU, an AI-native insurance servicing platform, has acquired Mitchell Insurance Agency, a long-standing, family-owned firm based in Roseville, California
InsurTech Eventual raises $7.5 mn to launch premium lock for real estate insurance
Eventual, a US-based insurtech startup, has raised $7.5mn in seed funding across two rounds to support the rollout of its first product, Premium Lock
HealthTech dacadoo and Microsoft expand partnership to advance AI in digital health
Digital healthtech company dacadoo has deepened its strategic collaboration with Microsoft to deliver scalable, AI-powered health engagement solutions
Insurtech Neutrinos launched AI Agent Library to streamline insurer’s automation
Neutrinos, a digital transformation platform focused on InsurTech, has launched its AI Agent Library to streamline automation across key insurance operations
Artificial Intelligence Underwriting Company raised $15mn in seed round led by NFDG
San Francisco-based InsurTech startup AIUC has raised $15mn in seed round led by NFDG, with participation from Emergence, Terrain
Japan Post Insurance invests $2 bn in reinsurance-focused Global Atlantic vehicle
Japan Post Insurance will invest $2 bn in a new reinsurance-focused vehicle sponsored by Global Atlantic Financial Group, a wholly owned subsidiary of KKR
Oscar Health forecasts $228 mn Q2 2025 net loss amid higher marketplace acuity
Insurtech Oscar Health expects a $228 mn net loss for the second quarter 2025. The revised projection follows a deeper review of claims data showing rising morbidity levels
Reinsurance pricing continued to soften at the July 2025 renewals – Fitch
Reinsurance pricing continued to soften at the June and July 2025 renewals, reinforcing Fitch Ratings’ outlook that increasing capacity and intensified competition
65% of consumers want AI to simplify life insurance process – Survey
iCover Direct announced results from consumer survey revealing a growing consumer demand for AI to streamline and simplify the life insurance experience
Avatar MGA launches with Lloyd’s & FCA approval, backed by Santam and Lloyd’s syndicates
Avatar MGA, a managing general agent specialising in US direct and facultative (D&F) property insurance, has secured approval as a Lloyd’s coverholder and from the UK
Discover how a secondary reinsurance market could improve capital efficiency, lower WACC, boost underwriting flexibility and support more efficient pricing
Global reinsurance pricing fell more than expected at Jan. 1, 2026 renewals, with abundant capital, weak catastrophe support, and easing terms
Reinsurance rates in several lines softened quicker than anyone expected this year, especially in casualty and cyber, yet trading conditions across the Lloyd’s market still look reasonably favorable
Re/insurance industry is showing strong momentum. Fund and Insure domain as the big opportunity—potentially generating $17 tn in gross value by 2035