Regions

London
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Insurers warned of cost consequence of alleging and failing in fraud allegations
Recent case highlights real risk for insurers of having to pay a penalty when alleging fraud incorrectly
Pool Re’s Paul receives peerage
Appointment recognises Paul’s contribution to terrorism insurance and public service
FCA urged to keep bullying guidance ‘under review’
Lloyd’s Market Association says non-financial conduct guidance must be monitored ‘to ensure it delivers the right outcomes’
Bermuda
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IQUW launches D&O, finpro and cyber lines in Bermuda
Re/insurer continues expansion of Bermuda platform
Beazley plans cyber ILS fund launch
Carrier plans joint venture with existing ILS provider as part of Bermuda build-out
Beazley to launch Bermuda platform
London-listed carrier looks to target growth opportunities in cyber ILS and alternative risk transfer
Europe
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Insurers warned of cost consequence of alleging and failing in fraud allegations
Recent case highlights real risk for insurers of having to pay a penalty when alleging fraud incorrectly
Aon renews Client Treaty facility for 2026
Broker expands Lloyd’s cross-class facility to include facultative reinsurance clients and aviation and space offering
Beazley names Cross head of digital follow underwriting
Cross will be responsible for all algorithmic and digital distribution channels at London market heavyweight
Americas
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State insurance policymakers condemn Trump AI order
Voters want ‘safeguards’, legislators’ group says, as Trump administration plans lawsuits and funding cuts to halt state AI regulation
Global natural catastrophe losses reach $107bn in 2025: Swiss Re
Global insured losses surpass $100bn for the sixth straight year, driven by record wildfire and severe convective storm activity in the US
Acrisure acquires MGA Vave from Canopius
Vave focuses on catastrophe-exposed excess and surplus US property risks
Asia-Pacific
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Aon renews Client Treaty facility for 2026
Broker expands Lloyd’s cross-class facility to include facultative reinsurance clients and aviation and space offering
Australian terror pool issues notice on Bondi shootings
Cover becomes effective if federal minister declares shootings an act of terror
Perils pegs Australia east coast severe storm losses at A$1.1bn
The severe convective storms largely affected Queensland, New South Wales and Victoria in late October and early November
Middle East and Africa
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BMS opens office in Dubai free zone
Ranji Sinha to lead broking group’s DIFC regional hub
Abu Dhabi consults on solvency and ‘synthetic sidecar’ rules
Regulator seeks to encourage local alternative capital markets while aligning with international frameworks
Gallagher Re acquires Resilea
Reinsurance broker expands capabilities in South Africa with broker acquisition
Global
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