Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China Life's revenue surges as insurer plans deeper push into AI and biotech
China Life Insurance, the country's largest life insurer, has posted record highs in its first-half results, and says it will scale up investments in technology-related sectors while seeking to become a long-term partner for innovative enterprises.
As AI agents go rogue, cyber insurers are adapting their policies
Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. SCROLL TO CONTINUE WITH CONTENT Leading AI…
Focused Leadership is Driving Sustainable Growth at White Mountains Insurance (WTM)
The London Company, an investment management company, released its second-quarter 2026 investor letter for its 'Small-Mid Cap Strategy.' The letter can be downloaded here. U.S. equities rebounded sharply in Q2, with the Russell 3000 gaining 15.4%…
Will plug-in solar panels affect your home insurance - and are they covered by your policy? I asked an insurance expert
Plug-in solar panels are now legal in the UK, and they could have a real impact on your energy bills, but before you install them, you should know what impact they're likely to have on your home insurance. The panels themselves are very easy to fit…
Vienna Insurance's profits climb
Austria-headquartered Vienna Insurance Group AG Wiener Versicherung Gruppe's first-half pre-tax result rose 21% year on year to 641 million euros ($732 million), while the net combined ratio held steady at 91%, Atlas Magazine reported. Gross…
Insurance companies' profits surged this quarter to NIS 2.85 Billion
Combined profits for Israel's four largest insurance companies - Phoenix, Menora, Clal Insurance, and Migdal - surged by 20% in the second quarter of 2026, reaching NIS 2.85 billion. These figures do not yet include Harel, which are expected to…
Maggie's calls for fairer deal for people with cancer in the travel insurance market
Maggie's, the expert cancer charity, is calling for the Treasury to work with cancer charities, the Financial Conduct Authority, consumer groups, industry experts and insurers to create a fairer deal for people with cancer in the travel insurance…
Sri Lankan insurers' premiums grow 24%
Sri Lanka's general insurance industry recorded a 24% year-on-year growth in gross written premiums to 51 billion Sri Lankan rupee ($155 million) in the first quarter of 2026, according to the Insurance Regulatory Commission of Sri Lanka, Insurance…
UAE insurers' profits leap more than 50%
United Arab Emirates insurers posted a 54% year-on-year surge in combined profit to 4 billion Emirati dirham ($1.1 billion) in 2025, mainly driven by higher net investment income, according to the Central Bank of the United Arab Emirates, Middle…
Strong Ontario, Quebec summer storms led to $439M in insured damage: report
New industry estimates suggest powerful thunderstorms across Ontario and Quebec during the week of Canada Day caused $439 million in insured damage. The damage estimates from Catastrophe Indices and Quantification Inc. offer a snapshot of the…
As AI agents go rogue, cyber insurers are adapting their policies
(Reuters) – Cyber liability insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of artificial intelligence agents is raising new questions, forcing insurers to review their…
Biosimilars reduce financial burden for cancer patients and insurers
Biologic drugs play an important role in treating cancers such as breast cancer and lymphoma, but their high costs can add to the financial burden of cancer care. Now, lower-cost versions known as biosimilars are gaining ground, and a new study led…
Every home in Ireland should pay €24 flood insurance levy'
Ireland's largest home insurance companies are calling for an extra annual €24 fee to cover the nation's ' flood insurance protection gap '. Insurance Ireland says a 'sustainable flood insurance fund' is needed, as more areas face the risk…
Property insurance companies warn of rising costs under Gov. Newsom's wildfire proposal
Updated: 6:52 PM PDT Aug 27, 2026 Editorial Standards ⓘ Property insurance companies warn of rising costs under Gov. Newsom's wildfire proposal Updated: 6:52 PM PDT Aug 27, 2026 Editorial Standards ⓘ SACRAMENTO, Calif. — The…
Early summer storms in Ontario and Quebec cause $439 million in insured damage
Canada's insurers renew call for governments to better protect homes, businesses and communities from severe weather TORONTO, Aug. 27, 2026 /CNW/ -- A series of strong thunderstorms that swept across parts of Ontario and Quebec between June 30 and…
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