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News
Large commercial accounts see first price drop since 2017, WTW finds
4+ day, 7+ hour ago (355+ words) Large commercial accounts posted their first price decrease since the end of 2017 in the second quarter...of travel is clear, but the aggregate masks a market moving in different directions by line and by account...Large accounts are now sharing…...
Aon owed no duty to non-client third party, appeal ruling affirms
3+ week, 6+ day ago (265+ words) The US Court of Appeals for the Seventh Circuit ruled that Aon Risk Services owed no duty to a non-client...A broker's duty runs to the insured, not to a "similarly situated non-insured."...
HDI Global backs US broker push with new CEO and solid H1 results
3+ week, 5+ day ago (434+ words) He succeeded Jim Clark, who led the US operation for 23 years...."The next phase of HDI Global's development in the United States is already underway," Albert said....HDI Global's US push under Xcelerate29 Albert said the US operation would invest in…...
How five South-East states abandoned Universal Insurance till death
3+ week, 14+ hour ago (256+ words) N15 billion was the minimum capital threshold prescribed for non-life insurers under the new regulatory...
Aegon sets October vote on move to the US that will eventually retire the Aegon name
1+ week, 5+ day ago (394+ words) the shareholder vote that will decide whether it goes ahead with relocating from Bermuda to the United States...That deal is due to close around the end of 2026, on a similar timeline to the US redomiciliation vote..., running until whichever…...
Gibraltar and UK together account for 32 insurer failures since 2000 — PACICC
4+ day, 11+ 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…...
New US-Canada Tariffs Raise Claims Costs and Insurance Exposures
2+ week, 5+ day ago (1325+ words) The collapse of US-Canada trade negotiations has changed the cost outlook for insurers and companies...Days after talks raised expectations for lower tariffs, the US proceeded with 50% duties on roughly $20...Global growth is decelerating as US tariff policy reduces…...
‘Flight to quality’ creates opening for HDI Global’s US push: CEO
5+ day, 8+ 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....“Brokers always look for responsiveness and quick delivery, and for us, that is…...
India's non-life insurance growth seen moderating as commercial segments weigh on premiums: Kotak Securities
3+ week, 4+ day ago (84+ words) Pidilite's ROFF launches quirky new campaign spotlighting the importance of the right tile installation solutions Kkings Events Wins Two Platinum Awards at the Prestigious WeddingSutra Awards Dr. Huzaifa Khorakiwala and Akbar Khan launch the global journey of 'Taj Mahal - An…...
Asia insurance tech raises $600m across just eight deals
3+ week, 6+ day ago (361+ words) across eight deals in the second quarter of 2026, according to data from CB Insights, as the region accounted...$500m across two deals in Asia during the quarter, matching the mega-round totals seen in the United States...Asia recorded seven deals worth…...