Markel Holds the Line on Casualty Pricing as Sidecar-Backed MGAs Push Rates Down
Casualty market softening draws a public response from Markel CEO Simon Wilson, who says the insurer will shrink rather than match inadequate rates as…
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Insurers
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…
Ping An AI Agents Log RMB 30.4B in New Sales, Setting a Global Benchmark for Agentic Distribution
Agentic AI systems generated RMB 30.44 billion in new insurance sales at Ping An in Q1 2026, automating 82% of interactions — a revenue-scale…
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,…
Iran-US Tensions Drive Aviation and Hull War Risk Premiums Higher Across Gulf Corridor
Escalating Iran-US geopolitical tensions have triggered Lloyd's JWC area updates and 30–60% aviation war risk premium increases for Gulf corridor routes, with marine hull…
APRA Calls for Step Change in AI Risk Governance Across Insurance Sector
APRA AI risk governance directive urges insurers to strengthen AI controls as EIOPA and NAIC frameworks converge, creating H2 2026 compliance deadlines.
Ageas Takes Full Ownership of AG Insurance in €1.9B Deal with BNP Paribas
Ageas AG Insurance acquisition completes at €1.9B, giving Belgium’s top insurer full ownership and securing a 15-year BNP Paribas bancassurance deal.
AIG Underwriting Income Surges 219% to $774M as Combined Ratio Hits 87.3%
AIG underwriting income surged 219% to $774M in Q1 2026 as the combined ratio improved 850 basis points to 87.3%, outpacing the P&C sector.