Insurance Blogs and Articles
Insurance Blogs and Articles
Landlord insurance policies are generally unsuitable for short‑term rentals (STRs) because they exclude many risks inherent to hospitality operations. Instead, property owners need a commercial homeowners or dedicated STR policy that provides broader liability limits, coverage for guest‑caused damage, equipment breakdown, and loss‑of‑revenue. Relying on standard landlord policies can leave owners exposed to lawsuits, theft, pest infestations, and revenue loss. Insurers also treat STR activity as a business, triggering exclusions and permitting requirements.
Oregon and Oklahoma are set to launch their own state‑based ACA exchanges, bringing the total to 23 states (including DC) that will operate independent marketplaces by 2028. This shift will push state‑run exchanges past the 50 percent population mark, a milestone...
Florida Senate Bill 990 authorizes protected cell companies (PCCs), expanding the state’s captive insurance framework. The bill outlines governance, formation, capitalization, operation, and regulatory oversight requirements. PCCs will allow multiple segregated risk cells under one legal entity, aligning Florida with...
Willis, a WTW business, has launched a Global Digital Infrastructure Group led by Alastair Swift to address data‑centre risks across the entire lifecycle. The new cross‑functional team combines expertise in construction, energy, technology, cyber, real estate, supply‑chain and finance. It...
West of England P&I Club has appointed Alexis Wildman as Head of Products, succeeding Richard Turner who will retire later this year. Wildman will report to Chief Underwriting Officer Bart Mertens and oversee the club’s diversified product portfolio, including collaboration...
Gallagher Re has appointed Roshan Perera as Managing Director, Head of the Asia Pacific region, and Richard Jones as Chairman, APAC. Perera, with over 25 years of regional experience, previously led the firm’s APAC Strategic Solutions team, while Jones brings...
HDI Global announced Mark Mackay will assume the role of Global Head of Energy & Power on 1 March, succeeding long‑time leader Franz Adamczyk. Mackay, a chemical engineer with more than 15 years of international insurance experience, most recently led the company’s Energy...
AXA XL Reinsurance posted an 8% year‑on‑year increase in gross written premiums, reaching €2.6 billion for FY 2025. The growth was driven by alternative capital and favorable casualty pricing, while other lines softened. Across AXA’s broader property‑and‑casualty segment, GWP rose 5% to...
Blue Marble, a micro‑insurance provider, executed the largest parametric payout ever recorded for smallholder farmers in Indonesia. All 2,719 enrolled farmers received claims totaling over IDR 2.4 billion after floods in Aceh triggered a pre‑defined scientific rainfall threshold. The automated, science‑based trigger...
Munich Re posted a €6.121 billion net result for 2025, surpassing its €6.0 billion target and marking the fifth consecutive year of outperformance. The reinsurance arm contributed €5.204 billion, buoyed by strong property‑and‑casualty and life‑and‑health segments, while group insurance revenue held steady at...
Veteran ERM practitioner Karthick Dalawai explains that effective enterprise risk management hinges on how practitioners converse with business leaders, not merely on process compliance. He advocates a value‑based ERM model that emphasizes value creation, uses a balanced scorecard, and reframes...
Independent insurance agencies are rapidly embracing artificial intelligence, with two‑thirds planning to increase usage over the next year. Yet only 13% have a formal AI governance policy, and 55% lack any written guidance. No major carrier has introduced a dedicated...
AXA XL has promoted Alonso Tello to regional director for single‑parent captives in the Americas. The move follows the January launch of AXA XL’s alternative risk solutions (ARS) team, led by Sylvain Bouteillé. Tello will oversee growth and underwriting of...
UK‑based packaging giant Mondi plc has established a single‑parent captive insurance company in Guernsey, completing the launch at the end of 2025. The move follows a growing trend among FTSE 100 companies to use offshore captives for risk retention and capital...
AM Best has reaffirmed the financial strength rating of A (excellent) and the long‑term issuer credit rating of a+ (excellent) for PMG Assurance, the Bermuda‑based captive of Sony Group. The ratings carry a stable outlook, underscoring the captive’s robust capital...
AI agents are evolving from advisory tools to autonomous actors, creating an emerging "Agentic Commerce" economy. To operate at scale, these agents must be bounded by clear authority and risk controls, which the insurance industry can provide through underwriting and...
The article proposes that insurers share hard‑braking telematics data with transportation agencies to pinpoint dangerous road segments. A Google study of ten years of crash records found a strong correlation between aggregated hard‑braking events and actual crashes, correctly flagging hotspots...
U.S. insurers remain optimistic about 2026 investment conditions, with 76% of survey respondents seeing improving opportunities despite expectations of higher inflation, tighter liquidity and lower Fed rates. The optimism is driven by higher yields on high‑quality fixed‑income securities and attractive...
The article outlines eight transformative trends reshaping the insurance sector in 2026, from AI‑native core platforms and human‑centric AI to the expanding Silver Economy and fast‑growing specialty products such as parametric insurance. Majesco positions its cloud‑native, AI‑driven SaaS suite as...
Liberty Mutual and Floodbase have launched an instant quoting application for parametric flood reinsurance in the United States. By linking Liberty’s pricing engine with Floodbase’s API, brokers can price large‑area flood cover within minutes, streamlining a traditionally complex process. The...
Synpulse announced the promotion of Marcel Loetscher to Senior Partner and Joel Smith to Partner within its Commercial Insurance, Reinsurance, ILS and Delegated Authority (CRID) practice. Loetscher, a 16‑year veteran who founded the New York office, will now head the...
Octave Specialty Group posted a mixed Q4 2025 performance, with its Everspan P&C unit boosting gross premiums 34% to $80 million while the combined ratio slipped to 99.4% due to a higher loss ratio. Total P&C premium production rose 15% to $303 million,...
Marsh Risk has appointed Angela Baker as the UK Portfolio Solutions Leader, reporting to Tom Davies. Based in London, Baker will collaborate with Marsh’s leadership and specialty teams to design and deliver portfolio solutions for clients. A key focus of...
The U.S. property‑and‑casualty (P&C) insurance sector posted its strongest results in a decade in 2025, with net underwriting income surging to an estimated $39 billion and the combined ratio improving to 95.0, down from 97.1 in 2024. Robust pricing momentum across...
Price Forbes has appointed Gareth Davies as Executive Vice President and Head of Property for its Bermuda operation, effective immediately. Davies brings three decades of property insurance experience, most recently as Head of Property at Lockton, and prior senior roles...
United Policyholders helped draft a suite of six insurance reform bills for Hawaii after the 2023 Maui wildfires revealed systemic gaps in coverage. The legislation extends replacement‑cost and additional‑living‑expense timelines, mandates transparent mortgage‑proceeds handling, and eliminates inventory requirements for personal‑property...
Zurich posted record P&C earnings, prompting surplus capital to chase specialty growth through acquisitions rather than organic expansion, while an extended Beazley takeover deadline adds pressure on the market. In the personal lines space, roughly one‑third of independent agencies still...
Cayman Finance reports that the Cayman Islands’ reinsurance sector has surged, with licensed companies increasing from 58 to 113 and total assets exceeding $101 billion at the end of 2025. Premiums written grew from $9.3 bn in 2020 to $30.2 bn, driven largely...
Canopius US Marine has teamed with Globex Underwriting Services to place local marine policies worldwide, extending admitted coverage to more than 200 countries and territories. The alliance taps Globex’s global network, digital infrastructure, and expertise in compliance, tax, claims handling,...
Ancient Financial, a newly formed life‑and‑annuity reinsurance and asset‑management platform, has signed a definitive agreement to acquire Bermuda‑based reinsurer F&G Re, which will be rebranded as Ancient Re upon closing. The acquisition is underpinned by substantial equity from its parent...
United Insurance Brokers Limited (UIB) has partnered with cyber‑risk analytics firm CyberCube to bolster its cyber insurance offering. UIB will deploy CyberCube’s Broking Manager and Prep Module, giving its global practice data‑driven exposure insights. The collaboration targets accelerated growth in...
The Vistria Group has acquired Dallas‑based Lumen Holdings, a technology‑enabled managing general agent, positioning Lumen as a cornerstone of Vistria’s financial services strategy. Lumen underwrites commercial property, liability, personal auto, homeowners and umbrella policies in more than 30 states, leveraging...
Africa Specialty Risks (ASR) has named Laxmeekant Walikar as Principal Officer and Managing Director for India, tasking him with launching the firm’s operations through the GIFT City hub in Gujarat. His mandate includes establishing a Lloyd’s service company for Syndicate 2454, building...
Gartner’s Q4 2025 Emerging Risk Report, based on a survey of 367 senior risk executives, identified a low‑growth economic environment as the top emerging risk for the second quarter in a row. Respondents linked the concern to financial instability, persistent trade...
Stonybrook Capital and Stonybrook Risk Management have launched a new Excess Hired and Non‑Owned Auto (HNOA) insurance program, with PT Edwards serving as the managing general agent. The structure is backed by reinsurance capacity from Florida Insurance and Reinsurance Co,...
Pet ownership in the U.S. now exceeds 94 million households, yet only one in ten rentals permits animals without restrictions. Dog‑related liability claims have surged, with the average bite claim nearing $69,000 and a 48% rise over the past decade. Property...
High‑net‑worth families are shifting from premium‑driven insurance to predictability as capacity tightens. A HUB 2026 Outlook survey shows willingness to assume risk fell from 39% to 25% since 2024. Advisors must expand beyond placement, defining risk appetite and managing cyber,...
Generali’s Global Corporate & Commercial (GC&C) unit has appointed Mario Glanz as Head of Casualty, tasking him with expanding the business worldwide under the insurer’s Next Level Plan. Glanz brings more than 20 years of casualty underwriting experience, most recently...
Ategrity Specialty Insurance posted a record Q4 2025, with underwriting income jumping 160.3% to $15.5 million and the combined ratio improving to 84.9% from 92.3%. Gross written premiums rose 30.2% to $154 million, driven by strong property and casualty growth. Net income...
Gallagher announced two senior appointments within its UK‑based Romero Group. Jonathan Webb, a 40‑year insurance veteran from Marsh, joins as Regional Managing Director, overseeing 200 staff across Leeds, Nottingham, Halifax and Harrogate, succeeding Simon Mabbb who remains an integration advisor....
Asset‑intensive reinsurance (AIR) is gaining traction worldwide, still centred in the United States but expanding rapidly across Asia‑Pacific, the United Kingdom and Europe. The growth is fueled by insurers shifting to private ownership, the rise of hybrid asset‑manager/reinsurer partnerships, and...
Convex posted a 14% year‑on‑year increase in gross written premiums, reaching $5.9 billion in 2025, delivering a three‑year CAGR of 25%. Net income surged 40.5% to $711 million, while tangible book value climbed 23% to $3.9 billion. The insurer’s combined ratio improved to...
American Coastal Insurance Corp. posted a Q4 2025 net income of $26.6 million, a 437% jump from the same quarter a year earlier. The surge stemmed from dramatically lower losses and loss‑adjustment expenses after a hurricane‑free period, eliminating a $0.9 million loss from...
GRC is evolving from static third‑party risk management to a homeostatic, ecosystem‑wide approach that treats suppliers, cloud providers and partners as living nodes within an extended enterprise. GRC 7.0 – GRC Orchestrate introduces a digital twin that maps interdependent relationships, objectives and...
Pinion Insurance, a newly formed specialty carrier backed by up to $180 million of preferred equity from Barings, announced the appointment of Kyle Selvig as its U.S. Chief Underwriting Officer. Selvig, who brings 25 years of P&C experience and previously managed roughly...
When a startup secures venture capital, its liability profile shifts dramatically as cash, fiduciary duties, and litigation exposure rise overnight. Without directors and officers (D&O) coverage, founders and executives can face personal financial loss from employment, equity, or disclosure disputes....
The episode examines Cigna’s settlement with the FTC over its Express Scripts PBM, which was accused of inflating insulin prices through opaque rebate deals. Key provisions require Cigna to prioritize lower‑cost drug versions, base patient copays on net prices, increase...
Donegal Group reported a 56% jump in net income to $79.3 million for 2025, driven by a stronger combined ratio of 95.4% versus 98.6% the prior year. Net premiums earned fell slightly to $921.2 million, with commercial lines posting modest...
Markel announced a partnership with cyber‑security firm Upfort to extend AI‑driven protection tools to eligible U.S. cyber‑insurance policyholders. The collaboration introduces the Upfort Shield platform and an endpoint detection and response (EDR) solution with behavioural analytics. Markel says the offering...
Neptune Insurance Holdings reported Q4 2025 revenue of $43.8 million, a 39% jump from the prior year, driven by a 41% rise in written premium to $100.3 million. Net income fell 63% to $4.3 million, largely because of $4.6 million in IPO‑related costs, while adjusted...
