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News
Van premiums fall 4.5% as insurers diverge sharply on pricing
4+ day, 5+ hour ago (341+ words) Van insurance premiums fell 4.5% in the three months to August. That ended a period of flat pricing and resumed the downward trend running since the market peaked in October 2024. Quoted prices are now 11% below last year and around 16% lower than…...
‘Flight to quality’ creates opening for HDI Global’s US push: CEO
5+ day, 6+ hour ago (604+ words) HDI Global US is expanding its physical footprint, specialist underwriting capabilities and broker-facing leadership as the carrier pursues a larger share of the US commercial insurance market. New CEO Shadi Albert (pictured) said the expansion is intended to capitalize on…...
HDI Global secures Lloyd's approval for new syndicate
6+ day, 10+ hour ago (502+ words) HDI Global UK & Ireland has received approval in principle from Lloyd's to establish a new syndicate, a milestone in the implementation of the firm's Xcelerate29 growth strategy. The syndicate will be launched and managed in partnership with PoloWorks, which will provide…...
Cedar Trace brings Bermuda's US$1bn platform to Lloyd's
1+ week, 8+ 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…...
UNLOCKING OPPORTUNITIES FOR WORKERS AND ENTREPRENEURS WITH A CRIMINAL RECORD
1+ week, 5+ day ago (725+ words) The following information was released by the Federal Reserve Board: Governor Michael S. Barr But inflation remains too highand has been for over five years. Entrepreneurship as a Pathway to Economic Opportunity Lending and Support that Makes Entrepreneurship Possible In 2024, the…...
ASR upgraded to A3 by Moody’s
1+ week, 5+ day ago (274+ words) Moody’s Ratings has upgraded Africa Specialty Risks’ insurance financial strength rating to A3 from Baa1. The developing markets-focused re/insurance group — licensed as a Class 3A insurer in Bermuda — has a stable outlook. Mikir Shah, chief executive, said the upgrade recognises the strength…...
Letters to the Editor: Insurance case involving phony, AI-generated law is 'beyond comprehension"
3+ week, 1+ day ago (188+ words) Letters to the Editor: Insurance case involving phony, AI-generated law is 'beyond comprehension' Yahoo To the editor: Made-up case law from attorneys for State Farm in a case handled by its private counsel (cited in the Los Angeles Times as…...
Two in three AU/NZ workers are financially unwell - and employers are absorbing the cost
3+ week, 2+ day ago (290+ words) Nearly two-thirds of employees across Australia and New Zealand are financially unwell, with one in three now holding a second job to cope with living costs, according to Gallagher's 2026 Workforce Trends Report: Workplace Wellbeing Index. The report, now in its…...
Caster joins WTW as risk consulting manager
3+ week, 4+ day ago (36+ words) Captive Insurance Times Caster joins WTW as risk consulting manager Mitch Caster joins WTW as manager for risk consulting and actuarial consultant, taking up the role in August 2026....
HDI Global Canada adds primary cyber product as group H1 results hold firm
3+ week, 5+ day ago (371+ words) HDI Global Canada expanded its cyber and specialty capabilities in the first half of 2026. The branch added a primary cyber product to its existing offering and grew its marine and aviation books in a competitive market. The branch contributed to…...