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Tokio Marine Kiln introduces Enterprise Ctrl to strengthen protection against digital and professional risks
20th October 2025
Tokio Marine Kiln (TMK), an international specialist insurance company and part of the Tokio Marine Group, has announced the launch of Enterprise Ctrl, a new enterprise errors and omissions (E&O) insurance solution. The product enhances TMK’s recently introduced Cyber Ctrl+ suite and brings together coverage for Cyber, Technology E&O, Media, and ... Read the full article
Challenging outdated perceptions necessary to address re/insurance talent gap: MS Amlin
18th September 2025
The London reinsurance market faces a looming crisis due to a lack of new talent. A recent survey by MS Amlin revealed that 68% of Britons would not consider an insurance career, while London Market Group figures show as many staff over 50 as under 30 (24% in each group). This ... Read the full article
Beazley grows premiums to $3.19bn in H1’25 amid disciplined market stance
13th August 2025
Beazley has reported insurance written premiums of $3.19 billion in H1 2025, up 2% from $3.12 billion in H1 2024, with CEO Adrian Cox saying the growth reflects the firm's disciplined approach and its strategy of prioritising rate adequacy and long-term profitability over short-term income. Of the total in H1 2025, ... Read the full article
Aon reports expanding insurance capacity amid rising global risks
30th July 2025
Aon, a global insurance and reinsurance broker, has released its Q2 2025 Global Insurance Market Insights, highlighting a notable phase in the insurance market where increased capacity and softening rates are coinciding with intensifying systemic threats. According to Aon, market conditions in the second quarter were broadly favourable for buyers, with ... Read the full article
Only 3 in 10 aviation executives confident their strategies can manage future risks, finds WTW
21st July 2025
According to a recent report from Willis Towers Watson (WTW), just three out of ten aviation executives believe their current strategies will be sufficient to handle the emerging risks facing the industry over the next decade. The study, which surveyed 130 senior aviation leaders, found that only half feel confident that ... Read the full article
European insurers positioned for strong year-end, according to S&P
18th July 2025
European insurers are expected to close the year in a solid position, supported by resilient underwriting results, robust capital buffers, and effective strategic adjustments across the sector, according to a midyear report by S&P Global Ratings, a provider of independent credit ratings, research, and analytics. In its latest publication, European Insurance ... Read the full article
Travelers renews cat reinsurance programs at mid-year on similar terms, broadens coverage
17th July 2025
US primary insurer Travelers has renewed its major catastrophe reinsurance programs at mid-year on terms largely consistent with the prior year, with some adjustments to coverage. Namely, effective July 1, 2025, Travelers renewed its Northeast Property Catastrophe Excess-of-Loss Reinsurance to provide the same $1 billion of coverage, from the same ... Read the full article
Robust reinsurance coverage a buffer against Middle East geopolitical risk: Morningstar DBRS
24th June 2025
Firms with robust reinsurance coverage, conservative investment strategies, and proactive enterprise risk management frameworks are better equipped to withstand the volatility stemming from the ongoing hostilities between Iran and Israel, according to Morningstar DBRS. Morningstar DBRS indicated that the Israeli airstrikes on Iranian military and nuclear facilities, followed by Iran’s retaliatory ... Read the full article
Cowbell adds Kirsten Maley as Director of Claims, UK
17th June 2025
Cowbell, a cyber insurer focused on small to medium-sized enterprises and the middle market, has appointed Kirsten Maley into a newly created role of Director of Claims, UK, aligning with the insurers commitment to scale its presence in a growing UK market. In her new role, Maley will oversee Cowbell’s UK ... Read the full article
Global shipping losses drop to record low of 27 vessels, but new geopolitical risks loom: Allianz
30th May 2025
Global shipping losses have fallen to their lowest level in decades—just 27 vessels in 2024, down from more than 200 annually in the 1990s—according to the Safety and Shipping Review 2025 by Allianz Commercial, the corporate insurance division of Allianz Group. Despite the improvement in maritime safety, Allianz warns the industry ... Read the full article
Google Cloud expands Risk Protection Program across EMEA
19th May 2025
Google Cloud has expanded its Risk Protection Program (RPP) to more than 30 markets across EMEA and has added new cyber insurance partners, Beazley and Chubb, alongside founding partner Munich Re. Google Cloud's RPP is said to blend cloud security insights with insurance industry expertise to offer Google Cloud customers customised, ... Read the full article
Fidelis sees outlook revision amid adverse aviation development & wildfire losses
8th April 2025
S&P Global Ratings has revised its outlook on Fidelis to stable from positive, citing significant Q4 2024 aviation-related losses from the Russia-Ukraine conflict and $160-$190 million in losses from the January 2025 California wildfires. As a reminder, Fidelis reported total underwriting income of $8.3 million for 2024, with a combined ... Read the full article
Insurance industry faces growing protection gaps amid rising risks: Bain & Company
1st April 2025
Protection gaps across all sectors of the insurance industry are set to widen by 2030 as insurers grapple with unsustainable rate-driven growth, according to a new report from Bain & Company, a management consultancy. The study, "Bridging the Protection Gap: Affordability, Access, and Risk Prevention," highlights mounting challenges in pricing risk ... Read the full article
Pool Re completes transition to modernised cat treaty reinsurance scheme
1st April 2025
With the support of its Members, regulators, and HM Treasury, Pool Re, Great Britain’s government-backed terrorism reinsurer, has completed its transition to a modernised catastrophe treaty reinsurance scheme. Originally announced in March 2024, the new scheme intends to enable Pool Re to better serve its Members by addressing the evolving ... Read the full article
Health and safety risks are top priority for 80% of directors and officers: Willis
1st April 2025
Willis, a WTW business, has revealed that health and safety risks remain a leading priority for directors and officers across the globe. According to the latest Directors and Officers Liability Insurance Survey, 80% of respondents consider these risks to be either very important or extremely important to their organisations. This survey ... Read the full article
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