News
Continued Middle East conflict drives "new equilibrium" in terrorism and political violence reinsurance: WTW - Reinsurance News
2+ week, 2+ day ago (417+ words) 27th March 2026 - Author: Kane Wells - A prolonged Middle East conflict is emerging as the most likely near-term scenario shaping terrorism and political violence reinsurance renewals, with the market already settling into a new equilibrium, according to WTW. Fergus Critchley, Global Head…...
Rising U. S. legal volatility undermines insurers" ability to price risk: Swiss Re"s Ningen
4+ day, 20+ hour ago (450+ words) 8th April 2026 - Author: Kassandra Jimenez-Sanchez - The increasing volatility of the U. S. legal environment is undermining the fundamental ability of insurers to price risk accurately, warns Monica Ningen, CEO, P&C Reinsurance U. S. at Swiss Re. Concerns over legal system abuse and social inflation…...
Commodity prices rise due to Middle East conflict: Coface
1+ week, 6+ day ago (591+ words) 30th March 2026 - Author: Kassandra Jimenez-Sanchez - The conflict in the Middle East is causing commodity prices to soar, driven by disruptions to the supply of raw materials via the Strait of Hormuz. According to a recent FLASH NEWS report by Coface, the…...
Prolonged Middle East tensions may heighten volatility in terrorism and political violence coverage
3+ week, 4+ day ago (267+ words) 18th March 2026 - Author: Kane Wells - According to a new report from the rating agency, the key concern is not only the likelihood of attacks but also how losses may accumulate across multiple insurance lines. The agency also highlighted that distinguishing between…...
Howden to acquire US entertainment broker Gravitas - Reinsurance News
6+ mon, 3+ week ago (236+ words) 19th September 2025 - Author: Beth Musselwhite - Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gravitas Insurance Agency LLC (Gravitas), a US retail brokerage specialising in contingency insurance for music, sport and live events. Founded in 2022 by John…...
Mercury Insurance to support Safeco customers as Liberty Mutual adjusts California strategy - Reinsurance News
8+ mon, 5+ day ago (381+ words) 7th August 2025 - Author: Taylor Mixides - Mercury Insurance, a provider of auto and home insurance based in California, is partnering with Liberty Mutual Insurance, a property and casualty insurer, to help safeguard coverage for thousands of California policyholders. The collaboration comes in…...
Canadian Personal Auto & Property premium rates continued to rise in Q225 - Reinsurance News
8+ mon, 2+ week ago (285+ words) 25th July 2025 - Author: Beth Musselwhite - Applied Systems has released the second quarter of 2025 results of the Applied Rating Index, the Canadian insurance industry's premium rate index, showing year-over-year and quarter-over-quarter increases in average premium rate changes for both Personal Auto and…...
Global insurance rates continue to decline as competition among insurers grows, says Marsh - Reinsurance News
8+ mon, 2+ week ago (366+ words) 24th July 2025 - Author: Taylor Mixides - Global commercial insurance pricing dropped by an average of 4% in the second quarter of 2025, according to the latest Global Insurance Market Index from Marsh, an insurance broker and risk advisor and a business of Marsh Mc…...