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News

Insurance Portal
insurance-portal.ca

Renewals season inspires insurers to consider new opportunities

3+ day, 19+ 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…...

Insurance Business
insurancebusinessmag.com > uk > news > breaking-news > rising-liability-estimates-are-reshaping-aviation-insurance-renewals-589321.aspx

Rising liability estimates are reshaping aviation insurance renewals

4+ day, 5+ 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…...

Insurance Business
insurancebusinessmag.com > us > news > breaking-news > the-30day-renewal-is-dead--why-brokers-are-starting-earlier-than-ever-589195.aspx

The 30-day renewal is dead — why brokers are starting earlier than ever

5+ day, 5+ 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…...

The Manila Times
manilatimes.net > 09/09/2026 > tmt-newswire > globenewswire > wawanesa-receives-regulatory-approval-to-acquire-everest-insurance-company-of-canada > 2420941

Wawanesa receives regulatory approval to acquire Everest Insurance Company of Canada

5+ day, 23+ hour ago   (241+ words) The Manila Times Wawanesa receives regulatory approval to acquire Everest Insurance Company of Canada 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 Business
insurancebusinessmag.com > uk > news > breaking-news > reinsurers-enter-2027-renewals-with-record-capital-588491.aspx

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…...

Insurance Business
insurancebusinessmag.com > uk > news > breaking-news > moodys-sees-record-ils-capital-funding-riskier-hardertoplace-perils-588242.aspx

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…...

Insurance Business
insurancebusinessmag.com > reinsurance > news > breaking-news > reinsurance-buyers-regain-control-ahead-of-2027-renewals-marsh-re-588229.aspx

Reinsurance buyers regain control ahead of 2027 renewals: Marsh Re

1+ week, 6+ 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…...

Moonstone Information Refinery
moonstone.co.za > santam-keeps-underwriting-on-target-despite-r1-5bn-claims

Santam keeps underwriting on target despite R1.5bn claims

2+ week, 7+ hour ago   (466+ words) Santam kept the underwriting margin in its conventional insurance business above the midpoint of its 5% to 10% target range in the first half of 2026, despite weather-related catastrophe losses and other large claims increasing from R144 million to R1.5 billion. Significant losses were incurred…...

@PRNewswire
prnewswire.com > news-releases > demotech-inc-announces-inaugural-conference-to-focus-upon-emerging-solutions-to-litigation-trends-affecting-insurers-and-insurance-consumers-adversely-302859671.html

Demotech, Inc. Announces Inaugural Conference to Focus Upon Emerging Solutions to Litigation Trends Affecting Insurers and Insurance Consumers Adversely

2+ week, 5+ day ago   (335+ words) PR Newswire One day conference in New York will outline litigation financing, acquisition, and social media programs targeting insurers. COLUMBUS, Ohio, Aug. 25, 2026 /PRNewswire/ -- Demotech, Inc. President and Co-founder Joseph Petrelli has announced that it will sponsor the inaugural Business Insurance…...

Asian Business Review
asianbusinessreview.com > insurance > news > reinsurers-pile-record-663b-risk-needs-stay-flat

Reinsurers pile up record $663b as risk needs stay flat

3+ week, 6+ day ago   (446+ words) Traditional firms used 77% of available funds. Global dedicated reinsurance capital reached a record $663b at the end of 2025, up from $607b a year earlier, as traditional reinsurers and third-party investors continued to add capital whilst the amount needed to support industry risks…...