Browsing: insurance

A new report from Lockton highlights challenges and opportunities in the U.S. property and casualty insurance market.

The Florida Office of Insurance Regulation approves private insurers to assume thousands of policies from Citizens Property Insurance Corp. as the state prepares for hurricane season.

Ascot’s Lloyd’s Syndicate 1414 saw its profits decline in 2024 due to significant losses from catastrophes, including storms and the Baltimore Bridge collapse.

Several insurance companies have announced key leadership appointments and internal restructuring efforts aimed at strengthening their operations, technology, and underwriting strategies. These moves come as the industry adapts to evolving market conditions.

Ascot’s Lloyd’s Syndicate 1414 experienced a profit decline in 2024, significantly impacted by high catastrophe losses, including the Baltimore Bridge collapse and severe weather events.

HDI Global SE reported strong financial results for 2024, driven by growth and strategic initiatives. The company is also expanding its US operations with technological upgrades and specialized insurance lines.

Insurance Business America’s 2025 data reveals the best wholesale brokers and MGAs, who are becoming an increasingly important part of the industry. Discover which firms received the prestigious 5-Star designation based on their performance and service.

Walmart-backed fintech PhonePe has partnered with insurance providers to offer vehicle insurance plans for two and four-wheelers, providing cost-effective online alternatives.

The implementation of mandatory third-party liability (TPL) insurance for motor vehicles in Indonesia has been postponed.

Aquarian Holdings, a global holding company with a portfolio of insurance and asset management solutions, has announced the formation of Aquarian Insurance Holdings. This restructuring aims to optimize growth and synergy across the company’s reinsurance and retail insurance sectors.