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News
Renewals season inspires insurers to consider new opportunities
3+ day, 17+ 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…...
Saudi Arabia Shields Supply Chains with National War-Risk Insurance Pool
3+ day, 20+ hour ago (1612+ words) Trade can grind to a halt before ports close or shipping lanes are blocked. Disruption can begin elsewhere, when cargo or vessels become too costly or difficult to insure, or when markets are unable to provide adequate coverage for war-related…...
Rising liability estimates are reshaping aviation insurance renewals
4+ day, 3+ 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…...
‘Disciplined Pricing’: Saudi Arabia Tightens Motor Insurance Oversight, Protects Competition
4+ day, 5+ hour ago (1711+ words) Saudi Arabia’s Insurance Authority is tightening oversight of motor insurance pricing to ensure rates are fair, sound and sustainable, while curbing practices that could undermine competition. It has also introduced six regulatory standards for motor insurance pricing, requiring insurers to…...
Quandri Partners with Western Financial Group to Build a New Operating Model for Insurance Agencies, Lifting Retention 2.3%
4+ day, 4+ hour ago (288+ words) Quandri’s AI helps a leading enterprise insurance brokerage improve retention, surface revenue, and automate the administrative work behind client service. VANCOUVER, British Columbia, September 10, 2026 – Quandri, the AI platform for insurance agencies and brokerages, today announced a strategic partnership with Western…...
Gibraltar and UK together account for 32 insurer failures since 2000 — PACICC
4+ day, 7+ hour ago (401+ words) The Property and Casualty Insurance Compensation Corporation, Canada's P&C guarantee fund, has published the fourth edition of its Global Failed Insurer Catalogue, recording 1,273 insurer failures worldwide across 98 countries since 2000. The United Kingdom recorded 20 of those failures, placing it 11th globally…...
Insurers eye diversified asset allocations
4+ day, 12+ hour ago (719+ words) China's five major A-share listed insurers delivered strong earnings growth in the first half of 2026, driven by improved investment returns and higher equity exposure, highlighting the industry's accelerating shift toward more diversified asset allocation amid a low interest rate environment....
Willis Re appoints new CEO
4+ day, 23+ hour ago (505+ words) Captive International Willis Re appoints new CEO Willis Re has announced the appointment of Neil Eckert (pictured) as chief executive. Eckert will lead Willis Re's global broking and advisory strategy, working closely with the firm's leadership team to drive growth…...
The 30-day renewal is dead — why brokers are starting earlier than ever
5+ day, 3+ 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…...
Neil Eckert to lead Willis Re after Conduit departure | Reinsurance Business
5+ day, 5+ hour ago (279+ words) Willis Re was relaunched in late 2024 as a joint venture between WTW and Bain Capital. WTW had sold its original reinsurance arm to Arthur J. Gallagher for US$3.25 billion in 2021. Growth since relaunch has been built primarily on talent. The broker…...