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French Insurer AXA’s Profit Rises 2% as Expected, Confident on Outlook
Jul 31 2026 // AXA SA reported first half profit higher than the same period a year ago, as the Paris-based insurer assesses the impact of wildfires currently affecting France and Spain. The French insurance group’s underlying...
Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns
Jul 31 2026 // Europe’s insurers are bracing for a new era of catastrophe risk fanned by rising temperatures in the world’s fastest-warming continent. Insurers, reinsurers and brokers contacted by Bloomberg are already...
Insurer Says Virginia ‘Intentional’ Acts Law Blocks $10M Punitive Damages Claim
Jul 31 2026 // Twin City Fire Insurance Co. said it is not obligated to cover a Virginia employer’s $10 million punitive damages penalty for racial bias because the company’s behavior was found by a jury to be...
Houthis’ Red Sea Attacks Prompt London Insurers to Widen High-Risk Zone
Jul 30 2026 // Attacks on ships by Yemen’s Houthis have prompted London’s marine insurance market to widened its “high risk” zone in the Red Sea. The Joint War Committee comprises syndicate members from the...
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers
Jul 27 2026 // For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of population growth along coastal areas and rising property values are forcing them to...
Insurer Mapfre Estimates Venezuela Quake Losses at €25 Million
Jul 24 2026 // Spanish insurer Mapfre said on Thursday that losses from the June 24 earthquakes in Venezuela would be up to €25 million ($28.5 million), after its first-half net profit grew 9.4% despite storm-related claims in Spain...
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