Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims November 26, 2025 By L.S. Howard Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase...
Insurers Paid Nearly £200 Million in Cyber Claims for UK Businesses in 2024 November 14, 2025 By L.S. Howard Insurers paid £197 million (US$259.2 million) in cyber claims in 2024 for UK businesses – a 230% increase, or £138...
Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth November 7, 2025 By L.S. Howard Zurich Insurance Group is continuing to expand its middle market and specialty footprint by investing heavily this year in targeted...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion November 6, 2025 By L.S. Howard Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured...
AXA Announces Death of Its Founder Claude Bébéar at 90 November 5, 2025 By L.S. Howard AXA announced that Claude Bébéar, its founder and honorary chairman, has passed away at the age of 90. In less...
Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Abnormally Low’ Q3 Events November 3, 2025 By L.S. Howard Global insured losses from natural catastrophes during the first nine months of 2025 are estimated to hit $105 billion, bringing...
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s John Doyle November 3, 2025 By L.S. Howard Property/casualty prices are declining, while the cost of risk continues to rise–a trend that is unsustainable over time, according to...
Aon’s Q3 Organic Growth of 7% Outperforms Expectations October 31, 2025 By L.S. Howard Insurance broker Aon reported strong third quarter revenue of $4.0 billion, an increase of 7% from $3.7 billion reported for...
WTW Reports Flat Q3 Revenue of $2.29 Billion, With Organic Growth of 5% October 30, 2025 By L.S. Howard WTW reported third quarter revenue of $2.29 billion, flat with $2.29 billion for Q3 2024, which the broker attributed to...
AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex Group October 30, 2025 By L.S. Howard Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm...