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Latest Articles

Streamline
streamlinefeed.co.ke > news > icici-lombard-profit-plunges-46-percent-as-fire-insurance-price-war-peaks

ICICI Lombard Profit Plunges 46 Percent as Fire Insurance Price War Peaks

2+ hour, 34+ min ago  (185+ words) ICICI Lombard's Q1 net profit collapsed by 46% to KES 6.2B, driven by major industrial fire claims, judicial rulings, and an unsustainable pricing war. The devastating drop in profitability was driven by a confluence of severe, unavoidable payouts and strategic retreats from unprofitable…...

Google News
lifeinsuranceinternational.com > news > willis-kayna-kwant-subcontractor-insurance

Willis, Kayna partner with Kwant on subcontractor insurance

11+ min ago  (262+ words) Willis, a Willis Towers Watson (WTW) business, and its embedded insurance infrastructure partner Kayna have partnered with construction workforce platform Kwant to introduce KwantSure. The programme is designed to give subcontractors access to insurance cover that may be needed for…...

Insurance Business
insurancebusinessmag.com > uk > news > auto-motor > aviation-claims-costs-up-across-every-category-as-mro-labour-rates-double-prepandemic-pace-582608.aspx

Aviation claims costs up across every category as MRO labour rates double pre-pandemic pace

1+ hour, 44+ min ago  (493+ words) Aviation insurance claims costs rose across every tracked category in 2025 to 2026, with increases ranging from 6% to 10.8%, according to McLarens Aviation's annual Claims Cost Index. The index was compiled from claims data across McLarens Aviation's network of more than 30 offices worldwide....

Sada News Agency
sadanews.ps > en > business > 318589.html

Al-Baraka Islamic Insurance Opens New Branch in Bedia

7+ hour, 46+ min ago  (295+ words) SadaNews: Continuing a journey filled with achievements based on quality, transparency, and innovation, Al-Baraka Islamic Insurance opened its new branch in the town of Bedia, northwest of Salfit, on Wednesday, in the presence of officials and citizens, making it the…...

Insurance Business
insurancebusinessmag.com > us > news > catastrophe > california-earthquake-models-may-be-missing-60-supershear-tail-risk-582613.aspx

California earthquake models may be missing 60% supershear tail risk

5+ hour, 43+ min ago  (775+ words) California earthquake insurers may be materially understating their most severe loss scenarios because catastrophe models do not capture "supershear" ruptures, according to new research from MS Amlin. The Lloyd's insurer found that adding supershear effects to representative insurance and reinsurance…...

Insurance Business
insurancebusinessmag.com > uk > news > breaking-news > gallagher-hires-pwc-tax-specialist-to-lead-french-manda-insurance-practice-582599.aspx

Gallagher hires PwC tax specialist to lead French M&A insurance practice

2+ hour, 58+ min ago  (413+ words) Gallagher has appointed Sarah Dezes (pictured) as head of tax Insurance, France, within its private equity and M&A practice. The hire extends a sustained PEMA build-out across Europe, with appointments now spanning France, the UK, Iberia, Benelux, and Germany…...

Intelligent Insurer
intelligentinsurer.com > copperpoint-elects-yam-worldwide-coo-to-board

CopperPoint elects YAM Worldwide COO to board

2+ hour, 10+ min ago  (102+ words) Intelligent Insurer CopperPoint elects YAM Worldwide COO to board CopperPoint Insurance Company has elected a new member to the board of directors of its mutual insurance holding company, adding operational leadership expertise as the insurer continues its growth strategy. To…...

Moneycontrol
moneycontrol.com > news > business > stocks > sbi-life-insurance-company-shares-fall-2-06-in-early-trade-alpha-article-13/97/5317.html > amp

SBI Life Insurance Company shares fall 2.06% in early trade

7+ hour, 9+ min ago  (402+ words) Moneycontrol.com SBI Life Insurance Company shares experienced a notable decline of 2.06% to Rs 1,828.00 in early trade on Thursday This movement occurred at 9:34 am The stock is a constituent of the Nifty 50 index.Financial Performance: Annual OverviewFor the year ending…...

Google News
republicworld.com > business > icici-lombard-share-price-crash-q1-results-profit-falls-brokerages-downgrade-2026-07-16-132448

ICICI Lombard Stock Crashes 11% After Q1 Profit Slumps 46% On Higher Insurance Claims

7+ hour, 53+ min ago  (233+ words) Shares of ICICI Lombard General Insurance Company Limited plunged nearly 11% in early trade on Thursday after the private general insurer reported a significant miss on its first-quarter earnings, triggering brokerages to cut their ratings on the stock. As of 10:16 AM…...

Insurance Business
insurancebusinessmag.com > uk > news > life-insurance > ai-is-creating-better-informed-customers-but-increasing-the-risk-of-misinformation-582605.aspx

AI is creating better informed customers but increasing the risk of misinformation

2+ hour, 30+ min ago  (551+ words) Only 30% of UK adults hold life insurance or income protection, despite 84% holding some form of general insurance, according to the Mills Review, the FCA-commissioned study into AI's impact on financial services published this month. One of the review's proposals is…...