Climate Change Made ‘Fire Weather’ in France, Spain More Likely July 31, 2026 By Olivia Rudgard Climate change made the weather that fueled Europe’s recent wildfires at least twice as likely in France and at least...
French Insurer AXA’s Profit Rises 2% as Expected, Confident on Outlook July 31, 2026 By Claudia Cohen AXA SA reported first half profit higher than the same period a year ago, as the Paris-based insurer assesses the...
Mapfre Acquires Stake in Insurtech Tuio; Bolsters Commitment to AI, Digital Innovation July 31, 2026 Just a week after revealing a $1.5 billion deal to acquire U.S.-based Safety Insurance Group, Spain’s Mapfre has announced a...
Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns July 31, 2026 By Alastair Marsh and Claudia Cohen Europe’s insurers are bracing for a new era of catastrophe risk fanned by rising temperatures in the world’s fastest-warming continent....
Business Moves: Acies MGU Launches Ports & Terminals MGA, TEDmar International; MISSION to Launch Dublin-Based Property MGA, Kyntra July 30, 2026 Acies MGU Launches Ports & Terminals MGA TEDmar International Acies MGU, the managing general underwriter and Lloyd’s coverholder, announced the...
Houthis’ Red Sea Attacks Prompt London Insurers to Widen High-Risk Zone July 30, 2026 By Jonathan Saul Attacks on ships by Yemen’s Houthis have prompted London’s marine insurance market to widened its “high risk” zone in the...
Japan Earthquake’s Insurance Claims May Top $1.1 Billion: Bloomberg Intelligence July 30, 2026 By Bloomberg News Insurance claims from this week’s earthquake in Japan may top the 175 billion yen ($1.1 billion) average for the country’s...
Drone Strike at Egypt Port Near Suez Canal Ignites New Shipping Risks July 30, 2026 By Nafisa Eltahir, Elwely Elwelly and Tala Ramadan A drone strike that sparked fires on two gas vessels in Egypt’s Mediterranean port of Damietta has raised a new...
US Sanctions Iran’s ‘Extortion Network’ Over Hormuz Tolls July 30, 2026 By Magdalena Del Valle and Sonya Dymova The US imposed sanctions on two Iranian companies that charge for safe passage through the Strait of Hormuz, an attempt...
Viewpoint: Who Gets Credit for Successful Renewal During Soft Reinsurance Market? July 30, 2026 By Ben Rose One theme that has come up repeatedly in conversations with reinsurance brokers recently is that achieving a good renewal outcome...