FEMA Advisory Council Backs Private Market Expansion in NFIP Reform Push
FEMA Review Council backs private market expansion in NFIP reform push, urging a 2-3 year transition as the program's $22.5B debt mounts toward the…
Line of Business
Property & Casualty
Palomar Reaches $1.28B Cat Bond High With Seventh Torrey Pines Re Issuance
Palomar cat bond 2026 issuance raises $410M via Torrey Pines Re 2026-1, lifting its ILS portfolio to an all-time $1.28B high as mid-market specialty…
Duck Creek Bets on Agentic AI to Automate Underwriting and Claims Workflows
Duck Creek launches an insurance-native Agentic AI Platform processing 30M+ claims annually and targeting $80B in U.S. efficiency gains, becoming the first major core-system…
EIOPA Locks In Solvency II Supervisory Guidelines for January 2027 Implementation
EIOPA finalises revised Solvency II supervisory guidelines effective January 2027: 26% fewer quarterly templates, a 21% risk margin reduction, and mandatory DORA compliance embedded…
FCA Launches Claims Management Review as Consumer Duty Standards Reach Claims Handling
FCA claims management review launched May 6, targeting misleading ads, unfair exit fees and unauthorized sign-ups—making Consumer Duty compliance in claims handling an active…
LesFurets Embeds ChatGPT in Its App, Turning France’s Biggest Price Comparator Into an AI Policy Adviser
LesFurets ChatGPT integration launches in France, making it the first insurance comparator to embed policy comparison in an LLM interface — a four-question flow…
Baltimore Bridge Loss Reaches $2.8B, Setting a New Benchmark for US Marine Claims
Baltimore Bridge insurance loss confirmed at $2.8B — 87% above initial estimates. P&I clubs consumed 93% of their GXL tower. How reinsurers, port underwriters,…
Thomas Buberl Wins AXA Mandate Through 2030, Locking In AI and P&C Growth Strategy
AXA CEO Thomas Buberl wins a four-year mandate through 2030 confirmed at the April 30 AGM, locking in the Unlock the Future strategy with…
Canopius Launches Standalone Cyber War Cover for State-Sponsored Attacks
Cyber war coverage for state-sponsored attacks went on sale April 27 as Canopius launched a specialty add-on that fills the gap Lloyd's war exclusions…
Aviva Acquires DisasterCare to Cut Property Claims Response Times and Lock In Contractor Quality
Aviva completes the acquisition of DisasterCare Group — 200+ staff, 27 UK branches, The Flood School — its third major deal in three years,…