Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Judicial reform or judicial insurance?
Former President Yoon Suk Yeol's declaration of martial law was unmistakably a grave challenge to the constitutional order. The legal judgment rests with the courts, and the recent first-instance conviction deserves respect. Martial law placed the…
Massachusetts joins insurers cutting coverage for popular weight-loss drugs
The commission that oversees health insurance for state employees has voted to end coverage of GLP-1 drugs for weight loss, a decision driven by soaring costs that officials say are straining the state budget. In a 10-7 vote last Thursday, the…
Best Car Insurance Companies of 2026
Progressive, Travelers and Geico are among the best car insurance companies in our analysis. We conducted an extensive analysis of costs, coverage and quality indicators to find the best car insurance companies. We also looked at whether rates…
Zurich seals the deal to buy London-listed insurer Beazley for £8.1bn
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Swiss insurance giant Zurich has agreed to buy rival…
Brits caught in UAE travel chaos warned to check travel insurance policy
Most holidaymakers know that travel insurance is vital no matter where you are going in the world. The advice has always been to book your travel insurance policy as soon as you book your holiday, as this can protect against cancellations and…
MNRB said to get approval to start talks on sale of Islamic insurer Takaful Ikhlas
Malaysia's central bank has approved the start of talks for MNRB Holdings Bhd. to sell its Islamic insurance unit Takaful Ikhlas, according to people with knowledge of the matter. Kuala Lumpur-listed MNRB can open negotiations with Bank Kerjasama…
Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping
Leading maritime insurers have cancelled war risk cover for vessels operating in the Gulf as the escalating Iran conflict disrupted shipping and sent some freight costs surging. At least 150 vessels including oil and liquefied natural gas tankers…
Insurance and shipping firms feel effects of Iranian conflict
War zone: smoke rises after an Iranian drone attack in the port area of Dubai, the United Arab Emirates, on Sunday. Several Bermuda companies have offices in the city near by (Photograph by Fatima Shbair/AP) Bermudian insurers and shipping…
Zurich seals the deal to buy London-listed insurer Beazley for £8.1bn
Swiss insurance giant Zurich has agreed to buy rival Beazley for £8.1 billion after sweetening its bid for the takeover. The companies said they had reached a deal that will create a global specialist insurance leader that's based in the UK.
Maritime insurers cancel war risk cover in Gulf: Will it spike energy cost?
Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening United States/Israel-Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead. The conflict entered…
AM Best sees war impacting range of insurance lines
870c58c0-b7a4-4e4f-bede-9bd4bd11546a In the wake of accelerated conflict in the Middle East, insureds are advised to carefully review their terms and conditions regarding business interruption insurance to ensure that they are aware of any…
How to negotiate your hospital bill to save money - with or without health insurance
You thought that medical procedure hurt? Just wait 'til you see the bill. The average cost of a one-day hospital stay in the US topped $3,200 in 2024, with California recording the highest costs ($4,700) and Mississippi the lowest ($1,400). It's no…
A year on from floods, retirees say insurance woes have upended golden years
Robyn and Ron Powell never pictured themselves spending their retirement displaced from their forever home in Ingham. In the year since flood waters inundated their lush north Queensland property they have travelled thousands of kilometres across…
AM Best sees war impacting range of insurance lines
870c58c0-b7a4-4e4f-bede-9bd4bd11546a Created: Mar 02, 2026 06:04 PM (Updated: Mar 02, 2026 06:05 PM) In the wake of accelerated conflict in the Middle East, insureds are advised to carefully review their terms and conditions regarding business…
Start-up offers scalable risk and capital solutions for insurers
Search dd07fdf4-3b19-492c-9a6d-660e0357a645 Created: Mar 02, 2026 02:16 PM (Updated: Mar 02, 2026 02:21 PM) Andrew Markus, CEO, Foundry Insurance Services Ltd (Photograph supplied) A centralized management platform for the life and annuity sector…
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