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Taiwan Life Insurers’ $700 Billion Bet on the US Is Backfiring
Jun 12 2025 // For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers...
Florida-Based Regional Carrier Silver Airways Shutting Down Operations
Jun 12 2025 // Regional carrier Silver Airways announced Wednesday it is shutting down operations after a failed attempt at restructuring through bankruptcy, leaving some passengers stranded at airports in Florida, the Bahamas and the...
Another Insurer — Philadelphia Insurance — Reports Network Outage
Jun 11 2025 // Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online...
Samsung Fire & Marine Insurance Increases Stake in Lloyd’s Insurer Canopius
Jun 11 2025 // Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake,...
Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules
Jun 11 2025 // Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook...
Carrier Management Hosts “Demo Day” for Homeowner Insurers
Jun 10 2025 // San Diego, CA. June 10, 2025 – Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The...
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