The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report.
Italian insurer Generali has announced that it has finished acquiring 25% of the shares of P&C business, Future General India Insurance (FGII), following regulatory approval.
As per a report from Bloomberg, Japan’s Financial Services Agency has issued business improvement orders on the core units of Tokio Marine Insurance, MS&AD Insurance, and Sompo Japan Insurance for “colluding to fix prices” in contracts with corporate clients.
AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures.
Environmental, social and governance (ESG) factors are material for insurers to consider, act on, and transparently report according to panellists speaking at the S&P insurance conference.
Australia’s Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.
Testudo, a technology and data company underwriting artificial intelligence (AI) risks, has announced the appointment of Peter Wedge as General Counsel.
Xceedance, a global provider of technology and digital solutions, has announced the appointment of Gavin Lillywhite as SVP, Operating Leader UKI and Europe.
The Travelers Companies, Inc. has posted a net income of $1.626 billion for the fourth quarter of 2023, driven by higher core income, partially offset by net realized investment losses compared to net realized investment gains in the same period of 2022.
The rapid shift to digital by established banks in Apac is outpacing their capacity to adequately protect themselves from emergent cyber threats, according to analysis by the Financial Services Information Sharing and Analysis Center (FS-Isac).
White Mountains has reported Q3 2025 results for its property and casualty re/insurance segment, Ark/WM Outrigger, which recorded gross written premiums of $366 million and an improved combined ratio of 73%.
The European Central Bank (ECB) has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its digital euro.
