Q2 Global Commercial Insurance Rates Keep Dropping, Except for US Casualty July 23, 2026 By L.S. Howard Global commercial insurance rates dropped by 6%, on average, in the second quarter of 2026, following a 5% decline in...
Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan July 23, 2026 By Giselda Vagnoni A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw...
Insurer Rewards Can Boost Climate Resilience Spending, Aon Says July 22, 2026 By Azman Usmani and Ishika Mookerjee Insurers can drive improvements in climate resilience by rewarding companies that invest to protect their businesses, rather than simply penalizing...
UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services July 22, 2026 New Prime Minister Andy Burnham appointed Lucy Rigby as Britain’s City Minister on Tuesday, putting her in charge of overseeing...
Chicken Back on Menu as Cyber-Hit Nichirei Restores Operations in Japan July 22, 2026 By Eru Ishikawa Tokyo-based food producer and distributor Nichirei Corp. says it will fully resume operations this week after a cyber attack disrupted...
Three Tankers Carrying Saudi Crude Make U-Turns in Red Sea After Houthi Warning July 22, 2026 By Florence Tan and Nidhi Verma Three oil tankers loaded with Saudi crude for China and India made U-turns in the Red Sea on Tuesday, heading...
EU Insurance Regulator Demands Long-Term View From Private Equity Buyers July 22, 2026 By Francesco Canepa Private equity firms seeking to buy European insurers must show they can support policyholders for the long term rather than...
Lloyd’s of London Says Former CEO Neal Breached Compliance Rules July 22, 2026 By Leonard Kehnscherper Lloyd’s of London said former Chief Executive Officer John Neal breached its compliance rules after failing to disclose a close...
Heat Morphs Into a Major Economic Shock for an Unprepared Europe July 22, 2026 By Laura Millan Europe’s status as the planet’s fastest-warming continent is becoming a serious drag on its economic prospects. The region, where temperatures...
People Moves: Liberty Mutual Re Names Spurgeon as Global Head of Cyber Reinsurance; Tokio Marine HCC Promotes Dagdelen as Head of Cyber – International July 21, 2026 This edition of International People Moves details cyber appointments at Liberty Mutual Reinsurance and Tokio Marine. A summary of these...