Casualty
US insurance M&A slows slightly but megadeals rise
Sector sees 191 public transactions worth $29.6bn in six months to May 2026, PwC analysis finds
Better communication can close insurance gap, report argues
IUA-Airmic report calls for improved engagement between clients, brokers and underwriters
Fuel leaks and strict liability
Privy Council decision highlights the potential for increased exposure for businesses and their liability insurers in claims involving dangerous substance escapes
Insurers should adopt new models for data centre attacks
Engineering-based approach to probable maximum loss assessment should be used, analytics firm Synthetik argues
Lancashire adds new products to US platform
Financial lines, inland marine and environmental liability classes added to group’s US excess and surplus lines platform
Banyan Risk launches healthcare liability line in Bermuda
New line will focus on complex US healthcare professional liability risks, including hospitals and allied health providers
What rebuilding nuclear power means for UK insurers
While the next generation of nuclear power offers significant growth opportunities, it also introduces a new generation of risks that require careful calibration of policy wordings, aggregation management and capital deployment
Westfield Specialty launches UK and European liability portfolio
Carrier hires former Everest senior underwriters to lead new product line as it continues to expand European footprint
Experience gives Artificial Labs the edge in the US market: Joost
Eric Joost will spearhead insurtech’s expansion into the US wholesale market, where other tech firms mostly operate in the retail insurance space
ANV continues acquisition spree with Pennsylvania brokerage buy
Intermediary platform continues to build-out workers’ compensation expertise with purchase of Associated Specialty Insurance Agency
UIB hires Webb to lead US binder growth
Kevin Webb will build transportation-focused binder business at the Lloyd’s broker
Data centre insurance challenges are beginning to mount up
Delay in start-up and contingent business interruption covers are becoming trickier to obtain as projects become more complex and elements such as on-site power plants are introduced
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