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News
Underinsurance often starts with the premium, not the peril
4+ day, 12+ hour ago (572+ words) A softening commercial property market hands clients something they have not had for most of the past decade: room in the insurance budget. What happens to that room at renewal is the decision that gets tested years later, at claim…...
Calm loss year in APAC hides earnings pressure building beneath it
1+ week, 4+ hour ago (627+ words) Property catastrophe rates across Asia-Pacific fell 10% to 20% at January renewals, and combined ratios for major regional reinsurers stayed below 100% in 2025. On the surface, the APAC reinsurance market looks stable. Fitch Ratings, in its Asian Reinsurance Monitor, argues the surface is…...
Australian health insurers face credit risk as cost gap becomes structural
6+ day, 22+ hour ago (155+ words) Read next: Private health insurance reform triggers a cover conversation brokers are missing S&P outlines four strategies it expects to differentiate insurers that successfully manage margin pressure from those that do not. S&P notes insurers are developing modular,…...
Cedar Trace brings Bermuda's US$1bn platform to Lloyd's
1+ week, 2+ hour ago (240+ words) Cedar Trace Underwriting has secured in-principle approval from Lloyd's Council to launch a US$300 million (£222 million) syndicate for the 2027 underwriting year. The platform behind it has grown to more than US$1 billion (£739.9 million) in gross written premium since its Bermuda…...
Chinese-heritage insurer targets Asian exporters in US debut
1+ week, 4+ day ago (453+ words) Insurance Business Chinese-heritage insurer targets Asian exporters in US debut Usurance has a Utah certificate of authority, no disclosed AM Best rating, and a stated intent to cover two segments where admitted capacity has been thin. For brokers with clients…...
Why global insurers are rebuilding their life insurance books
3+ week, 3+ day ago (283+ words) Zurich Insurance Group (Zurich) spent this year adding a life insurer in Australia while one of its closest global peers finished selling one outright. That divergence, not the price tag, is what makes the Swiss group's completion of its ClearView…...
Lloyd's approves Envelop's move to full syndicate status as cyber reinsurer eyes expansion
3+ week, 6+ day ago (296+ words) Envelop Risk has received in-principle approval from Lloyd's to launch Syndicate 1925, graduating from its existing special purpose arrangement (SPA) and opening for business on January 1, 2027. The move gives the cyber reinsurance specialist a permanent platform and room to write beyond…...
McDougall expands into group insurance as Duliban acquires Mississauga's Insuranceland
3+ week, 6+ day ago (229+ words) Duliban Insurance Brokers, a division of McDougall Insurance Brokers, has combined operations with Insuranceland Inc., a Mississauga-based property and casualty brokerage with a strategic focus on group insurance. The deal expands McDougall's footprint in the Greater Toronto Area and gives…...