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News
Renewals season inspires insurers to consider new opportunities
3+ day, 13+ hour ago (455+ words) As insurers and reinsurers gathered in Monaco for the annual Rendez-Vous de Septembre (Sept. 5-9) to discuss market trends and set upcoming renewals, two reinsurers and an affiliate research institute sent out dispatches. They noted the risks posed by artificial intelligence…...
How Employers finds new business from within ChatGPT
3+ day, 11+ hour ago (763+ words) At a time when many companies worry about AI disintermediating their customer relationships or eliminating roles, Employers decided to lean into the trend and see what it could accomplish by embedding within OpenAI's ChatGPT. The workers' comp specialist launched a…...
Rising liability estimates are reshaping aviation insurance renewals
3+ day, 23+ hour ago (675+ words) Aviation insurers are recalculating how much a single passenger death could cost them, with higher liability assumptions feeding through into capacity and pricing at airline renewals. According to Nigel Weyman (pictured), global executive - aerospace at Gallagher in London, the shift…...
The 30-day renewal is dead — why brokers are starting earlier than ever
4+ day, 23+ hour ago (721+ words) Some commercial insurance brokers are beginning renewal discussions as much as five months before expiry as persistent casualty pressures raise the stakes around submission quality and carrier engagement. The extended timeline reflects an increasingly divided market. Average US commercial insurance…...
Wawanesa receives regulatory approval to acquire Everest Insurance Company of Canada
5+ day, 18+ hour ago (297+ words) WINNIPEG, Manitoba, Sept. 08, 2026 (GLOBE NEWSWIRE) -- The Wawanesa Mutual Insurance Company (“Wawanesa”) announced today it has received all required regulatory approvals to complete its acquisition of Everest Insurance Company of Canada (“Everest Canada”) from Everest Group, Ltd. (“Everest”). Initially announced in…...
Demand up for unit-linked policies
1+ week, 2+ day ago (382+ words) PUBLISHED: 5 Sep 2026 at 05:35.dias ehs,ytilibixelf tnemtsevni retaerg dna egarevoc efil rehgih reffo taht seicilop rof dnamed gnivird osla si gninnalp ycagel no sucof gniworg A.htlaew refsnart dna dliub ot gnikees stneilc yhtlaew dna srotsevni regnuoy ot tnaveler erom era…...
Reinsurers enter 2027 renewals with record capital
1+ week, 4+ day ago (382+ words) Reinsurers are heading into the January 2027 renewal season with record capital levels and strong profitability, creating one of the most favorable buyer environments in years, according to Gallagher Re. Speaking at the broker's pre-Monte Carlo press briefing on Tuesday, Gallagher…...
SDV, Fenchurch merge into single global policyholder law firm
1+ week, 4+ day ago (621+ words) Saxe Doernberger & Vita, Fenchurch Law, Wesolowski Abogados and CLIR & Fenchurch have combined to launch SDV Fenchurch, a global law firm built exclusively to represent policyholders. Structured as a Swiss verein, the new firm unites dedicated insurance-recovery practices across eight jurisdictions…...
Moody's sees record ILS capital funding riskier, harder-to-place perils
1+ week, 5+ day ago (617+ words) The insurance-linked securities (ILS) market reached a record $144.5 billion in outstanding capital at the half-year mark of 2026, according to Moody's Ratings, which described the sector as reaffirming its position as "a deep and resilient source of insurance risk capital" even…...
Reinsurance buyers regain control ahead of 2027 renewals: Marsh Re
1+ week, 5+ day ago (684+ words) Cedents will enter the 2027 reinsurance renewals with ample capacity and greater freedom to choose between lower prices and rebuilding protections eroded during the hard market, according to Marsh Re. In a virtual briefing ahead of Monte Carlo Rendez-Vous de Septembre…...