WTW Sues Howden Again as Mega-Yacht Team Lift-Out Tests UK Restrictive Covenants
WTW returns to court against Howden over a five-person mega-yacht team lift-out as five global brokers test US covenants and the UK weighs a…
Line of Business
Commercial
Markel and WTW Launch Nuclear Insurance Facility as 70-Reactor Build-Out Strains Specialist Capacity
Markel Insurance and Willis Towers Watson launched a dedicated nuclear insurance facility in May 2026, responding to a capacity crisis as 70 reactors under…
Iran Launches Bitcoin-Backed Maritime Cover to Bypass Western Sanctions in Hormuz
Iran maritime insurance platform Hormuz Safe offers bitcoin-settled tanker coverage in Hormuz, bypassing SWIFT and OFAC after war-risk premiums spiked 40x.
AXA XL’s New Prevention Unit Makes Risk Mitigation a Standalone P&L Center
AXA XL created a dedicated Prevention Services unit on May 13, 2026 — its fifth P&L center — appointing former Global CUO Libby Benet…
S&P Cuts Acrisure Holdings Outlook to Negative as Integration Disputes Signal Execution Risk in Broker Roll-Ups
S&P Global Ratings cut Acrisure Holdings' outlook to Negative in Q1 2026, citing integration pressures and an emerging litigation cluster. The signal tests the…
Aon Deploys Claims Copilot Across 50 Countries as Broker Competition Moves Into Claims Workflows
Aon Claims Copilot global rollout covers 50+ countries and 1,800 claims professionals, marking brokers' move into AI-driven claims workflow ownership.
Howden Acquires Cybeta IP to Build Proprietary Cyber Underwriting Engine
Howden acquires Cybeta cyber analytics IP — including DoD-pedigree tools for attack probability, breach impact modelling and real-time monitoring — in a deal that…
QBE Reports 11% GWP Growth in Q1 2026, Reaffirms Full-Year Guidance
QBE Insurance Group grew gross written premiums 11% to $9.2B in Q1 2026 with catastrophe claims tracking $217M below first-half allowance, reaffirming its 92.5%…
Lloyd’s Governance Probe Into John Neal Tests London Market Transparency
Lloyd’s governance probe into former CEO John Neal puts London Market transparency standards to the test as Chair resists disclosure while Freshfields investigators press…
Aon Launches Climate Risk Monitor 3.0 to Price Extreme Heat in Commercial Lines
Aon Climate Risk Monitor 3.0 adds extreme heat and cooling demand analytics to commercial underwriting as global insured losses topped $127B in 2025.