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,…
Region
North America
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…
Global InsurTech Funding Rises 27% to $943M in Q1 2026, with AI Accounting for Three-Quarters of Capital
Global insurtech investment reached $943.4 million across 42 deals in Q1 2026 — up 27% year-on-year — with approximately 75% of capital flowing to…
Aon Q1 Revenue Rises 6% to $5.03B on Data Centre Demand Surge
Aon Q1 revenue reached $5.03 billion, up 6%, as data centre construction demand tripled its pipeline year-on-year, signalling a structural shift in commercial risk…
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.