Reinsurance News
Liability Insurance
Jury verdicts against Meta and Google spotlight evolution of liability risk
30th March 2026
Two recent jury verdicts against Meta and Google are drawing attention as early signals of evolving liability risks, according to a new Moody’s report. In separate cases, juries found the companies liable under claims that certain harms were linked to software platforms engineered to maximise user engagement. Moody’s stressed that the ... Read the full article
Munich Re’s HSB launches AI Liability Insurance for small businesses
19th March 2026
HSB, a specialty insurer and part of Munich Re, has introduced a new liability insurance coverage that protects businesses from lawsuits arising from the use of artificial intelligence (AI) technologies. The AI Liability Insurance is designed for small and medium-sized companies, which increasingly rely on AI to boost productivity, reduce costs, ... Read the full article
Gallagher India strengthens liability practice with three leadership appointments
13th March 2026
Gallagher India has strengthened its liability practice with three new leadership appointments, including Mayank Sharma as National Head – Liability. The firm has also named Jyoti Krishnan as Chief Legal Officer and National Head – Liability & Specialty Claims, and Sunny Goel as Strategic Business Leader – Liability & Renewable Energy. Sharma ... Read the full article
Legal System abuse drives decade-long surge in liability insurance losses: Triple-I
3rd November 2025
A new study by the Insurance Information Institute (Triple-I), an organisation providing data and analysis on insurance issues, and the Casualty Actuarial Society (CAS), a professional group for actuaries specialising in property and casualty insurance, finds that legal system abuse (LSA) and related litigation trends have significantly impacted liability insurance. The ... Read the full article
TMK appoints Oliver Delaney as Departmental Head of Liability
17th April 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Oliver Delaney as Departmental Head of Liability. In this new role, Delaney will focus on driving commercial opportunities and maintaining TMK's strong service offering for brokers and insureds, as the team aims to expand its liability book. Delaney brings ... Read the full article
Apollo enhances drone insurance offering with product liability coverage
19th February 2025
Apollo, the integrated insurance group, has announced the expansion of its offerings to include drone product liability coverage. This new addition is being provided as part of Moonrock’s existing binder with Apollo, further strengthening their partnership in the growing drone insurance market. Martin Jackson, Class Leader, Aviation, Apollo, said: "We’ve officially expanded ... Read the full article
Skyward Specialty expands media liability team
11th June 2024
Skyward Specialty Insurance Group, Inc., an insurance company in the property and casualty (P&C) sector, recently announced the recruitment of three accomplished media liability experts. This move signifies the ongoing expansion of the company's Media Liability team, bolstering its position in the market following its successful entry as a primary carrier ... Read the full article
The rise of private credit in life insurers’ investment strategies: Moodys
3rd June 2024
The growing use of private credit by life insurers to optimise investment portfolios and align asset allocation with product liabilities is garnering heightened attention from regulators globally, including those highlighted in a recent report by financial research firm, Moody's. However, the regulation of insurers' investments often varies significantly by jurisdiction. In their ... Read the full article
P&C sector reports improved conditions in early 2024: McGriff
28th May 2024
The Property & Casualty (P&C) industry began 2024 in a stronger position compared to 2023, driven by 25 consecutive quarters of premium increases, improved investment returns for insurers, and a relatively mild hurricane season, highlights broker McGriff in a recent report. The broker highlights Fitch Ratings' prediction for modest underwriting improvements ... Read the full article
BHSI names Galan Riley to lead Canadian Casualty Business
24th May 2024
Berkshire Hathaway Specialty Insurance (BHSI), known for its provision of general liability, lead umbrella, and excess liability insurance across various industries, announces the promotion of Galan Riley to Senior Vice President, Casualty, in Canada. Formerly Vice President, Casualty, Galan assumes this position following the retirement of Darryl DeSouza, who dedicated nearly ... Read the full article
IUA welcomes PRA’s decision to halt FSCS alterations in UK
23rd May 2024
The International Underwriting Association has expressed approval for a recent decision to halt proposed alterations in the Financial Services Compensation Scheme (FSCS). The Prudential Regulation Authority (PRA) had entertained the idea of expanding the scheme's coverage by redefining the term 'small business'. The IUA contended that such action would significantly alter the ... Read the full article
Atlantic structures first tax insurance policy for section 45Q carbon credits
21st May 2024
Atlantic Global Risk announces the placement of the first tax liability insurance policy for a significant transaction in the carbon capture and sequestration (CCS) sector. Following the enactment of the Inflation Reduction Act, the owner of a large Midwest facility saw an opportunity to leverage the financial incentives in Section 45Q ... Read the full article
New tech & growing consumerism among trends driving increase in liability claims: GILC
19th October 2023
Growing consumerism, the globalisation of supply chains, emergence of new technologies, and the need to innovate are driving an increase in product liability claims globally, a report by Global Insurance Law Connect (GILC) revealed. The ‘Product Liability Report’ provides insights from 17 countries on product liability insurance in their domestic markets. ... Read the full article
Mosaic hires litigator Bowden to lead its new liability coverage offering
24th March 2023
Specialty insurer, Mosaic Insurance has added litigation liability coverage to its professional lines offering, appointing experienced litigation solicitor, Sarah Bowden to run the new book. The coverage will offer financial protection to policy-holders against the risk of adverse legal costs when pursuing litigation or arbitration. Bowden leads the product, also known ... Read the full article
Frontier to offer cannabis and crypto risks solution in APAC region
24th June 2022
Frontier Global Underwriting has announced it will be offering its D&O and Professional Liability to cannabis, crypto and Web3 risks in Asia Pacific. The new offering by the specialist financial lines MGA and Lloyd's of London coverholder, will be supported by new capacity from global emerging risk insurer, Relm Insurance. Frontier will ... Read the full article
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