Commercial auto insurance faces 13th year of underwriting losses in 2025: Conning

Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market – Challenges and Opportunities. The report delivers a thorough assessment of one of the most consistently unprofitable segments in the property-casualty industry, focusing on financial strain, new exposures, and the underwriting practices … Read more

CyberCube report shows diversification and mitigation can reduce cyber losses by over 50%

CyberCube, a provider of cyber risk analytics for the insurance industry, has released new research showing how diversification and mitigation strategies can materially reduce exposure to catastrophic cyber events. Based on analysis using CyberCube’s Portfolio Manager v6 (PM v6) catastrophe model, the report demonstrates that diversification across geography, industry sector, company size, and technology can … Read more

US jury trends underscore need for broader reforms: Swiss Re

New research from Swiss Re has confirmed that juror sentiment in the U.S. has shifted decisively toward plaintiffs, which is reportedly influencing verdicts in measurable ways, reinforcing the scale and persistence of uncertainty in the liability market for re/insurers. “Traditional economic drivers such as wage inflation, medical-cost trends and CPI growth no longer explain the … Read more

Amiga Specialty names James Rasmussen as Managing Director, Management Liability UK & Europe

Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen will report to Group Managing Director & Founder Adam Kembrooke. In his new role, he will lead the development of … Read more

Aviva completes £160m BPA with SG Pension Fund

Insurance and financial services company Aviva has completed a £160 million bulk purchase annuity (BPA) buy-in with the SG Pension Fund, securing the benefits of more than 1,900 members. The scheme sponsor is Portakabin Limited, a provider of modular building infrastructure. The trustees were advised by Aon, who led the process, with legal advice provided … Read more

ICIEC to provide fac reinsurance to certain Takaful Libya export deals

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is set to provide facultative reinsurance to selected export transactions insured by Takaful Libya. This collaboration will enhance Takaful Libya’s capacity to underwrite Shariah-compliant export credit risks. This, in turn, will allow them to offer broader coverage to Libyan exporters and banks involved … Read more

Howden urges cyber premium pool growth in softening market cycle

A new report from Howden has underlined the urgent need for scaled cyber risk transfer in Europe, where increasingly complex and costly threats collide with low insurance uptake, while also highlighting the strong return on investment from effective risk management and cyber insurance. This comes as part of the global insurance intermediary group’s new research … Read more

Cédric Wells to lead Sompo Claims, Insurance for Continental Europe

Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Cédric Wells as Head of Claims, Insurance, Continental Europe, effective immediately. In his new role, Wells will leverage his 25 years of industry experience to lead claims relationships and strategy for the firm’s Continental Europe region. He will be based … Read more

CNO to acquire minority interest in Janus Henderson’s VPC

Global asset manager Janus Henderson Group has revealed that CNO Financial Group, a nationwide life and health insurer and financial services provider, will acquire a minority interest in Victory Park Capital Advisors (VPC), its majority-owned alternative investment firm specialising in private asset-backed credit. As part of the deal, CNO, a provider of life and health … Read more

Planette launches new forecasting platform for insurance and financial industries

Planette, an expert in long-range weather prediction, has announced the launch of Joro, a high-resolution forecasting platform designed for financial institutions and insurance providers. Unlike traditional forecasts, Joro provides full probability distributions for temperature and precipitation, helping companies model extreme weather scenarios with greater accuracy, the firm explains. The platform fills a critical gap by … Read more

Discipline remains crucial amid market softening: UIB CEO Barrington

Although the past two years have seen relatively calm catastrophe seasons, they differ in terms of market dynamics, according to UIB CEO Shaun Barrington, speaking at RVS 2025 in an interview with Reinsurance News. He believes the broader insurance and facultative reinsurance markets have already undergone significant pricing changes since the 2024 cat season. This … Read more

Munich Re Ventures backs Insify as it raises €16.3m in Series B funding

Insify, the digital insurance platform for entrepreneurs, has raised €16.3 million in Series B funding, led by Evli Growth Partners, with continued support from Munich Re Ventures, Accel, Opera Tech Ventures, Visionaries Club, and Frontline Ventures. The new capital aims to help attain Insify’s goal of delivering financial security for Europe’s freelancers and SMEs through … Read more

The 2026 Nissan Leaf Massively Improves (Almost) Everything Over the Old One: Video Review

(Images: TFL Studios) Nissan is betting big on the new Leaf’s success as an affordable EV. But what’s it actually like to drive? In its first generation, Nissan’s pioneering Leaf EV was one of the first commercial options available to buyers willing to make the jump away from internal combustion. “Exciting” or “dynamic” was never … Read more

TD Cowen’s London reinsurance takeaways show profitability amid softer rates

TD Cowen, an investment bank and financial services firm, shared key observations from recent meetings in London with reinsurance market participants. The firm reported that property-catastrophe rates are expected to continue softening, with estimates centred on declines of roughly 5–10% in 2025 and at the higher end of this range in 2026. Despite this moderation, … Read more

Aon expands Transition Performance Index to support insurers’ underwriting decisions

Aon, the global insurance and reinsurance broker, has expanded its transition analytics offering with the launch of the TPI Portfolio, an enhancement to its existing Transition Performance Index (TPI). The broker explains that this expanded capability aims to help insurers assess their risk appetite and make more efficient underwriting decisions. It builds on the preexisting … Read more

CFC’s new hire Stoloff to enhance underwriting offering in Asia Pacific

CFC, a specialist insurance provider, has announced the appointment of Danton Stoloff as Senior Underwriter for transaction liability in Australia. Based in Sydney, Stoloff will be responsible for expanding CFC’s transaction liability offering across Australia, New Zealand and Asia. “Danton joins the team at an exciting time of growth as we continue to expand our … Read more

AM Best warns of heavy strain on Nepal’s insurance industry after Kathmandu riots

Credit rating agency AM Best has warned that Nepal’s non-life insurance market could face serious financial stress following recent riots in Kathmandu. The agency notes that even moderate claims can weigh heavily on the small-sized industry, which has limited capacity to absorb large shocks. The protests, widely labeled the “Gen Z” movement, highlighted how exposed … Read more

Tower lifts cat cover to NZ$915m as CEO cites risk-based pricing advantage

New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending September 2026, increasing its catastrophe cover limit to NZ$915 million from NZ$800 million in 2025. According to the Kiwi insurer, the renewal secured comprehensive cover at competitive rates across its home, motor, boat, and commercial portfolios across New Zealand and Pacific … Read more