Insurance News and Headlines
Insurance News and Headlines
Insurance Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Aioi Nissay Dowa Insurance has launched a navigation app embedded in rental‑car systems that warns foreign tourists of historically high‑risk road segments and suggests safer routes. The app draws on police reports, insurance claims, and traffic‑sensor data, updating risk maps in real time and integrating with speed‑limit alerts and lane‑keeping assistance. Early trials with major Tokyo and Osaka rental firms showed an 8% reduction in accidents among foreign drivers, who account for 12% of rental‑car crashes despite representing only 5% of the market. The insurer plans to extend coverage to popular destinations such as Hokkaido ski resorts and Kyoto’s historic streets.
In 2024 Medicare closed a long‑standing coverage gap by adding an intensive outpatient program (IOP) benefit for mental health and substance‑use disorders, including opioid use disorder. Early data show IOP participants improved their BARC‑10 recovery scores by 4.56 points and...
European insurance regulators are urging the EU to establish a disaster fund of between €10 billion and €65 billion to cover natural and climate‑related catastrophes. The pool would be financed by contributions from insurers, with possible EU budget support, and would act...
Charlee AI’s CEO, Sri Ramaswamy, says the global AI‑insurance market could surpass $45‑50 billion by 2030, driven by automation, predictive analytics, and decision intelligence. Insurance firms spend more than $300 billion annually on claims handling, making claims intelligence one of the highest‑ROI...
Virginia’s legislature has passed companion bills HB 1092 and SB 288 that would obligate the state Safety and Health Codes Board to adopt heat‑illness protection standards by May 1 2028. The measures require water, shade, acclimatization, training and emergency procedures for indoor and outdoor...
Stone Ridge Asset Management reported that assets under management across its mutual catastrophe bond, insurance‑linked securities (ILS) and reinsurance fund strategies have climbed to roughly $6.5 billion, the highest level since late 2018. The High‑Yield Reinsurance Risk Premium Fund grew to...
The article argues that cyber risk is no longer a collection of isolated silos but a systemic threat amplified by digital transformation across healthcare, finance and manufacturing. While global security spending is projected to exceed $212 billion in 2025, the exposure...
Artemis ILS NYC 2026 gathered over 450 market participants for a panel on catastrophe bonds, moderated by Philipp Kusche and featuring leaders from Schroders, the World Bank, Euler ILS Partners and SageSure. The discussion highlighted a record‑fast tightening of cat‑bond spreads...
The Central Bank’s revised Consumer Protection Code (CPC) took effect on March 24, 2026, introducing rules that make insurance claims and quoting more transparent for Irish consumers. A key change bans automatic renewal of travel, gadget, dental and pet policies unless customers...
Catastrophe data firm PERILS raised its insured‑market loss estimate for the early‑January windstorm Goretti to €479 million (about $522 million), up from an initial €467 million figure. The estimate covers property and motor‑hull lines across southwestern England, northern France and Belgium, the regions...
The Iran‑Israel war that erupted on Feb. 28 has disrupted oil markets, closed Gulf airspace and even knocked out three AWS data centers in the UAE. While organizations scramble over supply‑chain and energy‑cost exposure, Nisos warns that the real threat is...
Florida Peninsula Insurance Company has raised the target size of its Palm Re Ltd. Series 2026-1 catastrophe bond to $250 million, marking a second increase since the deal’s launch. The insurer also cut the price guidance for the Class A notes to...
Prospect Medical, a private‑equity‑backed for‑profit hospital chain, filed for bankruptcy in January 2025 after a debt‑laden expansion left it unable to fund malpractice insurance. Court filings reveal the company never set aside reserves to cover legal defenses or settlements, leaving...
Leadenhall Capital Partners explains that catastrophe bonds and private insurance‑linked securities (ILS) can generate higher yields in an inflationary environment. The floating‑rate component of these instruments is linked to base rates, which rise as inflation expectations increase. Higher replacement costs...
Bibby Financial Services reports a sharp rise in UK SMEs seeking Bad Debt Protection as unpaid invoice balances climb to an average of $83.5k, a 10% year‑on‑year increase. About 30% of firms have written off roughly $37.5k each due to...
