Marsh Names Laurent Rousseau Head of International at Marsh Re
Marsh Re has named Laurent Rousseau Head of International, expanding his remit to Asia, Pacific, Latin America and the Caribbean alongside his existing Europe…
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Aon Prices $13.5 Billion in Notes to Fund $17 Billion USI Deal
Aon priced $13.5 billion of senior notes to help fund its $17 billion cash acquisition of USI Insurance Services from KKR, with a redemption…
ICICI Lombard Draws Rs. 1 Crore IRDAI Penalty Over Outsourcing Governance Gaps
IRDAI has imposed a Rs. 1 crore penalty on ICICI Lombard General Insurance over outsourcing, vendor due diligence and governance violations found after a…
Bamboo Insurance Prices IPO Range at $18-$20 a Share Ahead of NYSE Debut
Bamboo Insurance Services has set an estimated IPO price range of $18.00-$20.00 per share in an amended Form S-1, covering 35,000,000 shares sold entirely…
Brazil’s CNSP Rewrites Contract and Claims Rules for Property Insurance
SUSEP says Brazil's insurance regulator has finished a sweeping rewrite of property and casualty contract and claims-handling rules, with a hard compliance deadline now…
OSFI Rewrites Insurer Regulatory Returns Ahead of 2027 IFRS 18 Switch
OSFI has finalized new regulatory return templates for federally regulated insurers, rebuilding the statement of profit or loss around a new international standard's operating,…
OSFI Finalizes MICAT, Lowers Risk Weight for Low-Rise Construction Loans
OSFI has finalized MICAT 2027, cutting the base risk weight for certain low-rise multi-unit residential construction exposures while leaving high-rise projects unchanged. The revised…
IRDAI Fines Canara HSBC Life Over Mis-Selling to Elderly Customer
IRDAI has fined Canara HSBC Life Insurance for mis-selling a deferred annuity policy to an 88-year-old customer through corporate agent Canara Bank. The regulator…
NAIC’s Policy Locator Tool Passes Major Milestone in Unclaimed Life Insurance Benefits
The NAIC's free Life Insurance Policy Locator has matched consumers with more than $16 billion in lost and unclaimed benefits, regulators say, with growth…
Lloyd’s H1 2026 Results: Premiums Grow, Investment Income Falls
Lloyd's of London's half-year results show gross written premium and underwriting profit both up, while investment income fell on rising bond yields. CEO Patrick…