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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 Law Blocks Payment of $10M Punitive Damages for ‘Intentional’ Acts

Jul 31 2026 // Twin City Fire Insurance Co. says 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...

Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal

Jul 24 2026 // Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two...

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