News
Aviva flags limited Middle East exposure but warns of potential supply chain impact
1+ hour, 31+ min ago (468+ words) Aviva has "very limited direct exposure" to the escalating conflict in the Middle East but is monitoring potential supply chain disruption that could feed through into insurance claims inflation, group chief executive Amanda Blanc (pictured) said. Speaking on a media…...
AXIS offshore wind claims study highlights loss drivers and pressure points for insurers
9+ hour, 14+ min ago (539+ words) AXIS offshore wind claims study highlights loss drivers and pressure points for insurers'Insurance Business AXIS offshore wind claims study highlights loss drivers and pressure points for insurers Current analysis underscore the need for stricter wordings and deeper risk engineering A…...
Report: Supply chain paralysis tops list of black swan threats for insureds
10+ hour, 5+ min ago (265+ words) The latest Allianz Risk Barometer analysis of more than 3,000 respondents worldwide found that 51% identify a global supply chain paralysis caused by geopolitical conflict as the most plausible "black swan" scenario that could impact their company over the next five years....
Supply chain paralysis tops list of black swan threats for insureds - report
11+ hour, 42+ min ago (261+ words) The latest Allianz Risk Barometer analysis of more than 3,000 respondents worldwide found that 51% identify a global supply chain paralysis caused by geopolitical conflict as the most plausible "black swan" scenario that could impact their company over the next five years....
Hong Kong actuaries weigh in on new government budget
19+ hour, 6+ min ago (463+ words) Hong Kong's actuarial profession has expressed support for several policy directions outlined in the government's 20262027 Budget, particularly initiatives related to the insurance sector. In a statement responding to the budget delivered by Financial Secretary Paul Chan, the Actuarial Society of…...
New York bill would force insurers to reveal telematics pricing secrets
1+ day, 3+ hour ago (249+ words) New York wants to pull back the curtain on telematics pricing - and a new bill could force insurers to prove their algorithms don't discriminate. Assembly Bill A. 10364, introduced by Assembly Member Charles Lavine on March 2, 2026 and referred to the Committee on…...
Specialty property’s permanent shift reshapes programs and E&S
1+ day, 4+ hour ago (971+ words) Specialty property insurance has moved from the margins to the mainstream. What was once viewed as a channel for distressed risks has become a structural pillar of the property and casualty market. "The starting point of specialty," said Ari Chester…...
Pan-American Life posts record 2025 results as premiums hit $1.86 billion
1+ day, 10+ hour ago (366+ words) Pan-American Life Insurance Group (PALIG) has reported its strongest financial performance in its 115-year history, posting record results for the year ended Dec. 31, 2025." PALIG's growth has also accelerated over the past decade. After taking more than a century to surpass…...
Crawford Q4 results hit by quieter US catastrophe claims
1+ day, 21+ hour ago (377+ words) Crawford & Company has slipped into a fourth-quarter loss as revenue fell year on year, highlighting how swings in catastrophe-linked claims can quickly reshape quarterly results for an insurer-facing services group, even when the wider year remains profitable. For Crawford & Company,…...
Fargo's building boom draws Holmes Murphy into North Dakota
1+ day, 23+ hour ago (425+ words) Holmes Murphy is expanding into Fargo, North Dakota, as the city rides a construction boom that has deepened demand for construction insurance across the upper Midwest. The firm, independently owned since its founding in 1932, said the move is driven by…...