APRA Reinsurance Framework Overhaul Keeps Approval Power for Complex Covers
APRA reinsurance framework changes take effect 1 January 2027, easing cat bond access while keeping approval power over parametric and ILW covers.
Line of Business
Property & Casualty
Aon Q2 Data: US Property Insurance Rates Soften Ahead of Storm Season
US property insurance rates keep falling in Aon Q2 data, even as a terrorism rate spike and hurricane-season uncertainty test market complacency.
Helvetia Baloise Merger Completes as Swiss Carriers Fold Into One Insurer
The Helvetia Baloise merger of Swiss insurance carriers is complete: CHF 20bn scale, CHF 350m synergy target, dual FINMA approvals to watch.
QBE Takes Full Control of Raheja QBE Under New India FDI Rules
Raheja QBE FDI deal: QBE buys out Prism Johnson to take full ownership, the first insurance transaction under India 100% FDI liberalisation.
Travelers Builds TravelersLLM In-House as Combined Ratio Hits 88.6%
TravelersLLM protects Travelers' underwriting data in-house, layering Claude on top -- and its 88.6% combined ratio shows AI spend isn't hurting margins.
APRA Reboots Its National Claims Database, Splitting Out Cyber and D&O
APRA National Claims and Policies Database overhaul splits cyber and D&O into new categories, keeping confidentiality safeguards intact.
EIOPA Reworks Insurers’ EU Taxonomy KPIs With a New Green Insured Metric
EIOPA's EU Taxonomy insurance disclosures overhaul adds a Green Insured KPI, narrows underwriting metrics, and drops gas/nuclear splits.
Dominican Republic Secures the Caribbean’s First Sovereign Parametric Cover
Parametric insurance reaches household level in the Caribbean as the Dominican Republic hard-wires automatic climate payouts into Supérate, its national conditional cash-transfer programme.
US House Extends TRIA Terrorism Reinsurance Backstop Through 2034
TRIA terrorism reinsurance backstop extended through 2034 as the US House votes 373–15 for H.R. 7128, raising the 2029 event-certification threshold and codifying a…
ProAssurance Acquisition Closed at $1.3bn: The Doctors Company Becomes MPL’s Dominant Force
ProAssurance acquisition closed June 26 as The Doctors Company paid $25/share ($1.3bn all-cash), creating the US MPL market's dominant carrier with $12bn assets and…