The public entity market remains stable, with few notable challenges. The property market continues to show signs of softening; competition remains strong and capacity is readily available in most segments. Conditions generally favor insureds; however, a significant catastrophe loss, especially …
State of the Market – A focus on Public Entity Read More »
Severe convective storms, which include hail, tornadoes, and straight-line winds, have evolved from secondary concerns to primary drivers of annual insured property losses. Today, a single extreme hailstorm can generate catastrophic insured losses on par with a major Category 4 …
Confronting the escalating threat of severe convective storms in 2026 Read More »
Some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months to be agreed and that the warring sides should extend their ceasefire to cover that timeframe, according to officials from the regions familiar …
US-Iran Deal Will Take Months, Gulf and Europe Officials Say Read More »
The UK and France will host a summit to discuss setting up a naval force that would ensure freedom of navigation in the Strait of Hormuz, as Europe seeks to rebut US claims that it’s not doing enough to secure …
Europe Looks to Contain Trump’s Fury as It Hosts Hormuz Summit Read More »
An inquiry by the Spanish Senate blames the government, as well the country’s grid operator and energy watchdog, for last year’s unprecedented blackout, according to preliminary conclusions made public on Wednesday. The probe by the upper house – which is …
Spain’s Blackout Probe Blames Grid Operator, Government, Watchdog Read More »
A recently released analysis of insurance carrier and reinsurer mergers and acquisitions finds that 75% of recent deals featuring reinsurers and multiline insurers as buyers destroyed value for shareholders. The report, “Carrier Mergers & Acquisitions: Drivers, Implications & Outcomes,” published …
Reinsurers Least Successful Acquirers in Industry M&A: Analysis Read More »
Almost all consumers agree that insurance policies should evolve to provide clearer coverage for micromobility vehicles on public roads, Nationwide shared in a new report. Nine in 10 respondents to a recent survey commissioned by the insurer held that view. …
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles Read More »
Anthropic PBC’s new artificial intelligence model Mythos could put traders and the broader financial system at risk through a Securities and Exchange Commission database, the American Securities Association said Thursday. The financial-industry trade group warned of the potential for bad …
Mythos Poses Risk to SEC Market-Tracking Database, Group Says Read More »
The UK has drawn up plans to prepare for potential food disruption as the Iran conflict causes a drop-off in supplies of carbon dioxide used widely in the industry. In a “reasonable worst-case scenario,” officials don’t foresee aisles of empty …
UK Prepares for Food Shortages Caused by Iran War CO2 Crunch Read More »
The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations, the central bank said in a letter published by lawmakers on Thursday. The BoE said it disagreed with an …
Bank of England Says it Is Testing AI Risks to Financial Ssystem Read More »
