Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers
Apr 22 2025 // United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for an undisclosed...
Japanese Insurer MS&AD Plans to Invest as Much as $5 Billion to Double US Profits
Apr 22 2025 // MS&AD Insurance Group Holdings Inc. plans to invest as much as about ¥700 billion ($5 billion) to expand in the North American market, to meet its goal of doubling operating profits in the region, according to its...
Swiss Insurers Helvetia and Baloise to Merge to Create Top 10 Company
Apr 22 2025 // Helvetia and Baloise plan to merge to create Switzerland’s second-largest insurance group with a combined business volume of 20 billion Swiss francs ($24.69 billion), the pair said on Tuesday. The new group, to be...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B
Apr 21 2025 // Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 – claims driven by California’s wildfires of approximately $38 billion, or 71% of total insured losses...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report
Apr 21 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This...
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth
Apr 16 2025 // The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a...
British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing
Apr 15 2025 // British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage. The firm, which...
AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers
Apr 15 2025 // According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings. The...
The 12th New Property Insurer, Apex Star Reciprocal, Enters Florida Market
Apr 8 2025 // Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years. Nichols (Linkedin) Apex Star...
Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers
Apr 7 2025 // As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set for hedge funds to pursue market-beating returns fanned by climate change. The investment...
JD Power: Customers Not Happy With Carrier Property Claims Service
Apr 7 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...
Risk Digitization Top Tech Priority for US Insurers
Apr 4 2025 // Risk digitization was cited as the primary technology priority for revenue growth in a recent study from insurtech Cytora. Cytora surveyed 200 senior leaders from global insurance firms and found that 76% of respondents...
Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty
Apr 3 2025 // The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte. The report, “Reinventing the insurance customer experience for loyalty,” highlights how...
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube
Apr 2 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This...
Swedish Insurer Folksam Divests $160 Million Tesla Stake
Apr 2 2025 // Sweden’s largest insurer Folksam said on Wednesday it has sold its stake in electric car maker Tesla over concerns about the company’s stance on workers’ rights. Tesla, headed by billionaire Elon Musk, is...
Zurich Buys Stake in UK M&A Insurer to Fuel US, Europe Expansion
Apr 1 2025 // Zurich Insurance Group has agreed to acquire a minority stake in Icen Risk, a company that specializes in insuring mergers and acquisitions. The transaction will see Zurich take a “significant minority” in...
California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections
Apr 1 2025 // A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires insurers to provide a notice...
Texas Investigating Medicaid Insurer Accused of Spying on Citizens
Mar 28 2025 // Texas Attorney General Ken Paxton announced Thursday that he has launched an investigation into one of the state’s Medicaid insurance providers after allegations that the company illegally spied on Texans. The state...
Italy’s No. 2 Insurer Unipol Aims to Boost Bank Distribution Channel
Mar 28 2025 // Italian financial group Unipol aims to generate 1 billion euros ($1.1 billion) in capital over the next three years to boost its finances and have money for investments. Unveiling its “Stronger/Faster/Better”...
Excess & Surplus Insurer Ategrity Files for IPO
Mar 27 2025 // New York-based Ategrity Specialty Insurance Co., a national specialty property/casualty insurer focused on the excess and surplus (E&S) lines market, has filed with the Securities and Exchange Commission (SEC) for an...
