OSFI’s Routledge Says Earthquake Goal Is Some Form of Pre-Planned Resolution
OSFI's Peter Routledge said the goal is not a “backstop” but some form of pre-planned resolution framework for earthquake risk, and discussed OSFI's role…
Line of Business
Property & Casualty
A. Morris Tooker Named CEO as The Hartford’s Christopher Swift Moves to Executive Chair
The Hartford has named A. Morris Tooker as its next chief executive, effective March 1, 2027, succeeding Christopher Swift, who will move into the…
Unauthorised Foreign Insurers See Fewer Intermediaries Placing Cover, APRA Says
APRA’s latest half-year data show the number of insurance intermediaries placing business with unauthorised foreign insurers falling across three consecutive periods, even as total…
FCA Secures Bankruptcy Order Against Broker Arthur Temlett of Abacus
The FCA says a Scottish court has made insurance broker Arthur Temlett, trading as Abacus Insurance Consultants, bankrupt, with a trustee now handling the…
AIG Closes Two-Tranche Euro Notes Offering Across 2031 and 2036 Maturities
AIG disclosed the closing of a two-tranche euro notes offering in a Form 8-K filed with the SEC on September 24, 2026.
Hartford Commutes Asbestos and Environmental Cover With NICO, Receiving $1.12 Billion
The Hartford commutation with NICO, a Berkshire Hathaway subsidiary, ended a reinsurance agreement and resolved a confidential arbitration, according to Hartford’s Form 8-K.
Progressive Reports August Earnings With Combined Ratio at 89.3
Progressive reported its August net premiums written, net income and combined ratio, alongside policies in force and segment ratios, in its monthly earnings release.
IRDAI Paper Proposes Lower Expense Limits and a New Distribution Architecture
IRDAI has released a public consultation paper proposing a new distribution architecture, lower expense of management limits and mis-selling safeguards.
EU Watchdogs Warn Insurers on Non-EU Tech Reliance, AI Cyberattacks and Private Credit Growth
The ESAs’ Autumn 2026 risk update names external dependencies, AI-amplified cyber threats and private credit as the key vulnerabilities facing European insurers and their…
Orion180 IPO Prospectus Details Dual-Class Control, Possible Debt Repayment
The Orion180 IPO prospectus describes two classes of common stock, controlled-company status and a possible repayment of $281.5 million of debt from offering proceeds.