New Insurance Act introduces new obligations for insurers and policyholders, imposes strict claims handling deadlines and significantly affects aspects of reinsurance placement and recovery

Global insurance giant reports operating income climbed 80% in the quarter to $2.69bn after last year’s profits were hit by wildfire losses

Macroeconomic and socioeconomic reasons, rather than weather or climate factors, are causing rapid increase in severe convective storm losses, according to Gallagher Re

European insurance stocks climb 1.3% and outperform benchmark index, with Scor shares gaining nearly 4%

US severe convective storms and winter weather account for majority of losses

Ratings agency cites disciplined underwriting, portfolio de-risking and reduced catastrophe exposure behind the move

Marsh Risk reports 4% underlying revenue growth in first quarter

There has been an increase in the frequency of attacks originating from Iran, although the attacker’s playbook remains largely unchanged, experts say

Bermuda firm partners with Sixth Street on first casualty sidecar

Mounting signs that compromise could be on the cards

McGill and Partners’ head of emerging technology  Andre du Preez discusses the broking firm’s new AI initiative with AIG

Broker continues build-out of US retail platform

Agency backs stronger measures to extend wildfire cover and more mitigation

Transparency will be key for insurers as private credit expands into semi-liquid products and is increasingly sold to retail investors

Colorado State University forecasts 13 named storms for 2026, with below-average landfall probabilities across the US and Caribbean

SiriusPoint gains 7.5%; German groups benefit from 5% DAX bounce