Chinese insurer Ping An achieved solid growth with continued improvement in business quality within its property & casualty (P&C) segment in the first nine months of 2025, reporting insurance revenue of RMB253,444 million, up 3% year on year.
Cyber Risks, Emerging Risks, P/C Insurers, Technology Zurich
Catastrophes, Coronavirus, D&O, Emerging Risks, Technology
Coronavirus, Coverage Disputes, P/C Insurers
Assured Guaranty Ltd. (AGL) has released its financial results for the third quarter of 2024, which includes a net income of $171 million in comparison to $157 million from the third quarter of 2023.
Cyber Risks, General liability, Regulation
Insurance Europe supports the European Insurance and Occupational Pensions Authority (EIOPA)’s draft AI Opinion for providing clarity on applying existing insurance legislation to AI systems; however, it warns that the current draft may unintentionally introduce new requirements, lack proportionality, and create confusion due to overlapping regulations.
As parts of the UK continue to be impacted by severe flooding, Ian Bartholomew, Chief Underwriting Officer at flood insurance company FloodFlash, has confirmed that the company is working hard to ensure that most, if not all of its claims will be paid within the next week.
Hannover Re, the reinsurance company, has announced the appointment of Kantaporn Thejatunga (Jan) as General Manager of Life & Health at its Malaysian Branch in Kuala Lumpur.
Technosylva, a provider of wildfire simulation modeller, risk analysis, and operational response software solutions, has acquired global catastrophe modelling software company, KatRisk.
Bay Harbor Reinsurance Company, a provider of reinsurance solutions for the US Property and Casualty market, has established a new $50 million letter of credit facility with Barclays Bank PLC.
Agents and Brokers, Mergers and Acquisitions Alliant Insurance, Brown & Brown
