Marsh: Cyber Extortion Events Fell 33% in 2025 as Brokers Pivot to Claims Speed
Cyber extortion events fell 33% in 2025 per Marsh data, while ten quarters of rate declines push brokers to compete on claims payment speed.
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Cyber extortion events fell 33% in 2025 per Marsh data, while ten quarters of rate declines push brokers to compete on claims payment speed.
Fitch Ratings flags Florida's reformed insurance market as better positioned for the 2026 hurricane season — but warns that reform resilience remains untested against a truly severe storm.
Gallagher's 2026 survey of 1,000 US business owners reveals 94% fear coverage gaps — while ISO AI exclusions and a 23-point flood protection deficit deepen the risk.
Descartes Underwriting and Nextpower launch the first parametric straight-line wind solution for solar farms, with limits up to $100M and on-site sensor triggers.
NHC reinsurance tower 2026 reaches a record NZ$12.3B — a 20% increase secured at cost-effective terms, with ILS capital embedded and a NZ$1.4B taxpayer gap still in play.
Extreme heat GDP losses of 5–7% by 2030 for the most exposed economies — Allianz Research's parametric-ready quantification redefines heat as a sovereign risk underwriting target.
Allianz is in advanced talks to acquire Portugal's Caravela Seguros at ~€150M, its third Southern European bolt-on in three years, as the…
Admiral Group acquires Flock for £80m on June 1, 2026 — a telematics-first commercial fleet insurtech that cut crash frequency 10% —…
Howard Hughes Holdings closes $2.1B Vantage Group acquisition at 1.5x book value — with Pershing Square managing Vantage's assets fee-free, the deal…
PayPay Corp acquires 70.2% of T&D Financial Life for ¥134.34B — converting Japan's 74-million-user payment platform into a life insurance distribution engine…
Wellington Management acquires Hartford Funds for $1.9B NPV — converting a 48-year sub-advisory relationship into full ownership of a $160B retail wealth…
MassMutual and Nationwide announced a $16 billion fixed universal life reinsurance agreement covering 30,000+ policyholders, with Q2 2026 closing expected and Barings…
MNRB Berhad's RM400.49M proposal to fully acquire Labuan Re targets a top-five Asia reinsurer ranking, leveraging Labuan IBFC's offshore platform for international…
DB Insurance Fortegra acquisition — the $1.65B deal for the US specialty carrier — clears Korean FSC approval and targets mid-2026 close,…
Everest Group Colombia AIG acquisition announced 19 May 2026 shows how soft LATAM rates — property down 12%, composite -8% in Q1…
Tokio Marine's record ¥711.6B overseas profit closes year one of its $1.8B Berkshire Hathaway partnership and anchors a $10B+ APAC M&A pipeline.
Prudential’s $389M acquisition of 75% stake in Bharti Life signals how global insurers are using India’s new 100% FDI ceiling to consolidate…
Intact Financial's exploratory bid for Hiscox sent the FTSE 100 specialty insurer's shares up 15.3% on May 15, as Canada's leading P&C…
Willis Re appoints Jim Summers as CEO Global Specialties; Arch Insurance International names Kendra Felisky as UK Chair after nine years under…
Saudi Re appoints ex-Swiss Re VP Ruchi Jain as Principal Officer of its GIFT City IIO. GIFT City reinsurance GWP surged to…
Lloyd's launches a May–July 2026 market consultation on skills, culture and talent — replacing the 11-year Dive In Festival with embedded retention…
Aon EMEA leadership rotates on June 1, 2026: Buechter and Kus take over from Page and Kielty as new co-CEOs, with Q1…
Gallagher Re cyber APAC hire: Carlos Grijalva from WTW named APAC cyber head as the $8.36B market grows 27% annually and Gallagher's…
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…
Munich Re Retakaful 2026 gets a new CEO: Kevin Rethual takes over June 1 as Islamic finance assets surpass $3.88 trillion and…
Berkshire Hathaway names Gen Re Chair Charlie Shamieh as Ajit Jain's successor, signaling disciplined underwriting in a capital-rich reinsurance market with a…
Swiss Re creates a dedicated Head of L&H Transactions role, naming Goldman Sachs and Phoenix Group veteran Dean Galligan—signaling intent to compete…
AXA CEO Thomas Buberl wins a four-year mandate through 2030 confirmed at the April 30 AGM, locking in the Unlock the Future…
Cyber reinsurance demand drives Howden Re to hire five specialists despite 32% rate declines, as ransomware frequency surges 45% year-over-year.
Cyber extortion events fell 33% in 2025 per Marsh data, while ten quarters of rate declines push brokers to compete on claims…
Fitch Ratings flags Florida's reformed insurance market as better positioned for the 2026 hurricane season — but warns that reform resilience remains…
Gallagher's 2026 survey of 1,000 US business owners reveals 94% fear coverage gaps — while ISO AI exclusions and a 23-point flood…
Descartes Underwriting and Nextpower launch the first parametric straight-line wind solution for solar farms, with limits up to $100M and on-site sensor…
Tokenized reinsurance reaches the live market: SurancePlus issues three Solana-native HCI Re 2026 securities with a $5,000 minimum, targeting up to $12M…
US commercial insurance rates hit 2.5% in Q1 2026 — the first sub-3% reading since the hard market began. Property fell 5.5%,…
USAA distributes $500M to ~830,000 Florida auto policyholders, completing nearly $1B in member returns since December 2025. A deep look at how…
Moody's Ratings named AI and tech investment as the primary driver of the next phase of insurance broker growth as $162B in…
Colorado signed SB26-155 establishing a hail-mitigation grant enterprise funded by a 0.5% insurer fee — targeting the physical cause of $5B+ in…
Howard Hughes Holdings closes $2.1B Vantage Group acquisition at 1.5x book value — with Pershing Square managing Vantage's assets fee-free, the deal…
MS Amlin finds supershear earthquake ruptures — present in 36% of major events since 2010, driving 66% of insured losses — are…
51% of planned US data centres—$670 billion—sit in high severe-convective-storm-risk states as hyperscalers move into Texas, Tennessee, and Ohio; S&P estimates $10B…
Extreme heat GDP losses of 5–7% by 2030 for the most exposed economies — Allianz Research's parametric-ready quantification redefines heat as a…
EIOPA enforcement reached its terminal stage on 9 June 2026 as Bulgaria's FSC withdrew DallBogg's insurance licence — the first full-sequence test…
Willis Re appoints Jim Summers as CEO Global Specialties; Arch Insurance International names Kendra Felisky as UK Chair after nine years under…
Lloyd's enhanced underwriting covers 77% of market GWP as Ki hits $1.1bn and digital broker facilities project 50% annual growth, reshaping specialty…
Allianz 2025 SFCR: government bonds halved to EUR 97bn over a decade. The EUR 255bn CIU headline is largely a Solvency II…
ICEYE closes €450M primary Series F led by General Atlantic at €10bn+ valuation, funding scale to 100 SAR satellites/year by 2028 to…
Allianz is in advanced talks to acquire Portugal's Caravela Seguros at ~€150M, its third Southern European bolt-on in three years, as the…
Nine of ten largest EU Solvency II groups strengthened SCR ratios in 2025 (aggregate 228% vs 218%) as eligible own funds outran…
Admiral Group acquires Flock for £80m on June 1, 2026 — a telematics-first commercial fleet insurtech that cut crash frequency 10% —…
FCA opens enforcement investigation into Liverpool-based CCL over consent fraud in motor finance claims — the second CMC targeted in six months…
ESAs' first DORA ICT report: 3,383 incidents in 2025, one-third cross-border, just 10% cyber — what the baseline data means for European…
Allianz Trade's stress model puts $131B in German GDP losses on extreme heat through 2030 — with only 23% of EU climate…
EIOPA enforcement reached its terminal stage on 9 June 2026 as Bulgaria's FSC withdrew DallBogg's insurance licence — the first full-sequence test…
Allianz 2025 SFCR: government bonds halved to EUR 97bn over a decade. The EUR 255bn CIU headline is largely a Solvency II…
Nine of ten largest EU Solvency II groups strengthened SCR ratios in 2025 (aggregate 228% vs 218%) as eligible own funds outran…
3IF Ventures closes $12m first round — anchored by FSD Africa ($6m), Swiss Re Foundation ($5m) and Zep Re — to fund…
PayPay Corp acquires 70.2% of T&D Financial Life for ¥134.34B — converting Japan's 74-million-user payment platform into a life insurance distribution engine…
Wellington Management acquires Hartford Funds for $1.9B NPV — converting a 48-year sub-advisory relationship into full ownership of a $160B retail wealth…
Nigeria's NAICOM grants first insurtech licence, confirming NIIRA 2025 operational and opening Africa's largest market at 0.5% GDP penetration to digital operators.
Japan Prudential Life earmarks ¥4.7 billion to compensate 503 policyholders after 107 employees committed fraud over 34 years — the FSA has…
MassMutual and Nationwide announced a $16 billion fixed universal life reinsurance agreement covering 30,000+ policyholders, with Q2 2026 closing expected and Barings…
Fitch's 2026 LATAM outlook singles out Mexico as the region's only "deteriorating" insurance market: the January 2026 VAT credit elimination pushes combined…
South Korea Q1 2026 FSS data: life insurance net profit surged 40.6% to ₩2.37 trillion on IFRS 17 CSM mechanics, while non-life…
Pakistan Insurance Bill 2026 replaces a 25-year ordinance, enabling parametric cover, foreign branch entry, and RBC rules for a market at 0.7%…
Fitch Ratings flags Florida's reformed insurance market as better positioned for the 2026 hurricane season — but warns that reform resilience remains…
Descartes Underwriting and Nextpower launch the first parametric straight-line wind solution for solar farms, with limits up to $100M and on-site sensor…
Extreme heat GDP losses of 5–7% by 2030 for the most exposed economies — Allianz Research's parametric-ready quantification redefines heat as a…
Mexico doubles sovereign parametric catastrophe insurance to ~$575M at the 2026 renewal, building a $1.17B multi-layer parametric stack post-FONDEN.
USAA distributes $500M to ~830,000 Florida auto policyholders, completing nearly $1B in member returns since December 2025. A deep look at how…
Colorado signed SB26-155 establishing a hail-mitigation grant enterprise funded by a 0.5% insurer fee — targeting the physical cause of $5B+ in…
Allianz is in advanced talks to acquire Portugal's Caravela Seguros at ~€150M, its third Southern European bolt-on in three years, as the…
FCA opens enforcement investigation into Liverpool-based CCL over consent fraud in motor finance claims — the second CMC targeted in six months…
California Earthquake Authority prices $425M Sutter Re 2026-1 at record-low spreads — its 24th cat bond — as ILS capital reaches a…
Illinois gives IDOI rate-veto authority over auto and homeowners for the first time, passing HB 4273 and SB 714 to take effect…
Allianz Trade's stress model puts $131B in German GDP losses on extreme heat through 2030 — with only 23% of EU climate…
Moody's quantifies $375 billion in uninsured US residential flood exposure in a 1-in-100-year event — 65% concentrated in 11 states, growing to…
Descartes Underwriting and Nextpower launch the first parametric straight-line wind solution for solar farms, with limits up to $100M and on-site sensor…
Tokenized reinsurance reaches the live market: SurancePlus issues three Solana-native HCI Re 2026 securities with a $5,000 minimum, targeting up to $12M…
ICEYE closes €450M primary Series F led by General Atlantic at €10bn+ valuation, funding scale to 100 SAR satellites/year by 2028 to…
3IF Ventures closes $12m first round — anchored by FSD Africa ($6m), Swiss Re Foundation ($5m) and Zep Re — to fund…
Admiral Group acquires Flock for £80m on June 1, 2026 — a telematics-first commercial fleet insurtech that cut crash frequency 10% —…
Nigeria's NAICOM grants first insurtech licence, confirming NIIRA 2025 operational and opening Africa's largest market at 0.5% GDP penetration to digital operators.
AI insurtech funding Q1 2026: 95.2% of $1.63B went to AI platforms across 68 deals, with AI liability insurance emerging as a…
Sixfold on Azure Marketplace turns cloud procurement into a shortcut for mid-market carriers, compressing AI underwriting deployment from months to weeks.
Corgi Insurance's $160M Series B at $1.3B valuation — 4 months after Series A — is backed by $40M ARR from a…
L&H InsurTech funding Q1 2026 surged to $719M — nearly double the prior quarter — as AI-driven claims automation outpaces P&C investment,…
Duck Creek launches an insurance-native Agentic AI Platform processing 30M+ claims annually and targeting $80B in U.S. efficiency gains, becoming the first…
LesFurets ChatGPT integration launches in France, making it the first insurance comparator to embed policy comparison in an LLM interface — a…
Cyber extortion events fell 33% in 2025 per Marsh data, while ten quarters of rate declines push brokers to compete on claims…
Gallagher's 2026 survey of 1,000 US business owners reveals 94% fear coverage gaps — while ISO AI exclusions and a 23-point flood…
Descartes Underwriting and Nextpower launch the first parametric straight-line wind solution for solar farms, with limits up to $100M and on-site sensor…
Extreme heat GDP losses of 5–7% by 2030 for the most exposed economies — Allianz Research's parametric-ready quantification redefines heat as a…
Tokenized reinsurance reaches the live market: SurancePlus issues three Solana-native HCI Re 2026 securities with a $5,000 minimum, targeting up to $12M…
Mexico doubles sovereign parametric catastrophe insurance to ~$575M at the 2026 renewal, building a $1.17B multi-layer parametric stack post-FONDEN.
Lloyd's enhanced underwriting covers 77% of market GWP as Ki hits $1.1bn and digital broker facilities project 50% annual growth, reshaping specialty…
ICEYE closes €450M primary Series F led by General Atlantic at €10bn+ valuation, funding scale to 100 SAR satellites/year by 2028 to…
Moody's Ratings named AI and tech investment as the primary driver of the next phase of insurance broker growth as $162B in…
Chilean AFPs have allocated $79M to catastrophe bonds — the first ILS investment by LATAM pension capital — flipping Chile from sovereign…
3IF Ventures closes $12m first round — anchored by FSD Africa ($6m), Swiss Re Foundation ($5m) and Zep Re — to fund…
MS Amlin finds supershear earthquake ruptures — present in 36% of major events since 2010, driving 66% of insured losses — are…
Fitch Ratings flags Florida's reformed insurance market as better positioned for the 2026 hurricane season — but warns that reform resilience remains…
NHC reinsurance tower 2026 reaches a record NZ$12.3B — a 20% increase secured at cost-effective terms, with ILS capital embedded and a…
EIOPA enforcement reached its terminal stage on 9 June 2026 as Bulgaria's FSC withdrew DallBogg's insurance licence — the first full-sequence test…
US commercial insurance rates hit 2.5% in Q1 2026 — the first sub-3% reading since the hard market began. Property fell 5.5%,…
Saudi Arabia Insurance Authority is now sole regulator, replacing dual SAMA oversight. RBC parallel run begins 2026; mandatory Jan 2027.
Allianz 2025 SFCR: government bonds halved to EUR 97bn over a decade. The EUR 255bn CIU headline is largely a Solvency II…
USAA distributes $500M to ~830,000 Florida auto policyholders, completing nearly $1B in member returns since December 2025. A deep look at how…
Colorado signed SB26-155 establishing a hail-mitigation grant enterprise funded by a 0.5% insurer fee — targeting the physical cause of $5B+ in…
Nine of ten largest EU Solvency II groups strengthened SCR ratios in 2025 (aggregate 228% vs 218%) as eligible own funds outran…
FCA opens enforcement investigation into Liverpool-based CCL over consent fraud in motor finance claims — the second CMC targeted in six months…
ESAs' first DORA ICT report: 3,383 incidents in 2025, one-third cross-border, just 10% cyber — what the baseline data means for European…
Illinois gives IDOI rate-veto authority over auto and homeowners for the first time, passing HB 4273 and SB 714 to take effect…
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