Swiss Re reported a net income of US$4.2 billion for the first nine months of 2026, up 3% on the same period last year, with life and health reinsurance offsetting a 6% decline in P&C Re earnings as pricing pressure weighed on…
Allianz Commercial has announced plans to establish a direct underwriting syndicate at Lloyd’s, with trading expected to begin on January 1, 2027, subject to final regulatory approval. Lloyd’s has already granted approval in principle. The syndicate, named Allianz Commercial 1893, takes its number…
UK insurtech platform uses Applied Rating Hub’s single, real-time insurer connection to bring car insurance to members of The British Airways ClubLondon, UK, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Applied Systems Europe is proud to announce that the insurance technology and broking platform,…
Home prices in Baton Rouge are still creeping up, but the largest contributor may not be what you expect, a National Association of Home Builders economist said. Regulatory costs, which include charges for conducting studies and changes to building codes,…
Storms, high winds, fire hazards and equipment failure are many of the typical risks involved with the solar power industry. For the Dagda solar farm in rural Latvia, there’s now another one: drones. The owner of the farm, Sunly, has…
This article is part of a sponsored series by Vertafore. When MGAs manage a high volume of insurance submissions, underwriting speed often depends on what happens before an underwriter ever evaluates a risk. Submissions can arrive through email or online,…
Manulife reported record core earnings of $2.1 billion in the third quarter, up 4% on a constant exchange rate basis, driven by double-digit growth in Asia. Its Canadian business had a mixed quarter, with weaker group insurance results. Core earnings per share…
Fairfax Financial’s third-quarter net earnings fell to US$929.6 million, or US$43.32 per diluted share, from US$1.15 billion a year earlier, as rising interest rates led to losses on its bond portfolio. Catastrophe losses at Canadian subsidiary Northbridge also weighed on…
Against this backdrop, the insurance industry is being challenged to move beyond its traditional role of providing financial protection and assume a more strategic position in financing the country’s development priorities. The theme, “Insurance: Infrastructure Financing & National Development Agenda,” could…
Hong Kong-based insurer AIA Group (1299) reported a 5 percent drop in its third-quarter value of new business on Friday, as growth moderated from an "exceptionally high" level a year earlier. Mainland China, AIA's second-largest market in terms of new business sales,…
Reinsurers such as Swiss Re and Munich Re, catastrophe bonds and insurance-linked securities, and insured losses from hurricanes, wildfires and floods.
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