Germany’s BaFin Becomes AI Market Surveillance Authority for Insurers
Germany's new AI implementation law hands BaFin market surveillance powers over high-risk AI systems, including those insurers use for life and health risk assessment.…
Topic
Innovation
Manulife Cedes C$3.2 Billion Long-Term Care Block to Munich Re
Long-term care reinsurance pricing is normalizing: Manulife cedes C$3.2bn to Munich Re Life US at a negative 5% cede, its third such deal in…
Willis and Caribbean Biodiversity Fund Roll Out Reef Parametric Cover
Coral reef parametric insurance turns fund-backed as Willis (WTW) and the Caribbean Biodiversity Fund launch a regional reef risk-transfer programme.
Australia’s Private Health Cover Ages as Exclusion Policies Hit 68.41%
Private health insurance in Australia is ageing fast: APRA data show hospital cover rising alongside surging exclusions and out-of-pocket costs.
AM Best: Rated US Captives Saved $8.2 Billion Over Five Years
AM Best rated captives saved $8.2 billion over five years, even as global commercial rates fell for eight straight quarters.
Ryan Specialty Revenue Climbs 7.2% to $916.6 Million in Q2 2026
Ryan Specialty's Q2 2026 revenue rose 7.2% to $916.6M as delegated authority outgrew wholesale brokerage amid a 16% property-cat rate decline.
WTW Bets $625 Million on AI as Q2 Broking Margin Climbs 100 Basis Points
WTW Propel AI investment totals $625 million in cash, targeting $400 million in savings and a 30% margin by 2028, WTW's Q2 2026 results…
Lemonade’s Revenue Jumps 79% to $294.4M as Cession Rate Falls
Lemonade Q2 2026 revenue rose 79% to $294.4 million, but a lighter reinsurance cession rate drove much of the jump, not organic growth alone.
Global Commercial Insurance Rates Fall 6% in Q2 2026 as IMEA Leads Declines
Commercial insurance rates fell 6% globally in Q2 2026, the eighth straight quarterly drop, as IMEA overtook the Pacific as the steepest decliner.
Hugging Face Confirms Autonomous AI Breach With 17,000 Logged Actions
Hugging Face's autonomous AI breach exposed 17,000 logged attacker actions, a wake-up call for cyber insurers pricing 2027 agentic-AI treaty risk.