Severe convective storms (SCS) that struck parts of the US and Canada from July 13-17, as well as several countries in Europe between July 11-17, are each expected to result in economic and insured losses totaling hundreds of millions of USD, according to Aon’s weekly catastrophe report.

Zurich Insurance Group has agreed to sell its legacy traditional life insurance back book in Germany to Viridium Holding AG, a specialist in the management of life insurance portfolios in the country.

The Insurance Council of Australia (ICA) has declared the hailstorm that impacted the wider Brisbane region on Sunday, 26th October 2025, a Significant Event, with insurers having received 11,000 claims to date.

DARAG Deutschland AG, the German insurance carrier of DARAG Group, has completed a loss portfolio transfer (LPT) with a European carrier.

AM Best has turned negative its outlook on France’s life and non-life insurance segments.

Giles Taylor, former Lloyd’s Chief Risk Officer (CRO) has joined UK based hybrid insurer Bridgehaven’s leadership team.

The Lloyd’s Market Association (LMA) has appointed Joe Brace as Operations Director, where he will report to Sheila Cameron, Chief Executive Officer of the LMA.

Global specialty and P&C re/insurer Canopius Group has announced the appointment of Olivia Brindle as Head of Sustainability.