Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Is Europe's anti-missile move with Ukraine 'insurance' against unpredictable US?
A new European anti-missile coalition with Ukraine is more of a strategic “insurance” policy rather than a break with Washington, according to analysts, as Europe prepares for a less predictable US security role. On Monday, 10…
Map reveals states where home insurance is devouring household budgets
While rising home prices and stubbornly high mortgage rates continue pushing the dream of homeownership out of many Americans' reach, soaring insurance premiums are making it harder for homeowners in disaster-prone parts of the country to hold on…
Bellweather Insurer Travelers Reports Surge in Profit
Property and casualty insurers are on a financial tear, as rate hikes and low catastrophe losses boost their bottom line. Travelers, a bellwether for the sector, reported surging profits for the three months through June. Net income was up 46%, at…
Apollo's Insurance Riches Boost Mission to Redefine Mega-Deal Financing
This article is for subscribers only. Welcome to Going Private, I'm Sinead Cruise and this is Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we bring you words of warning…
Insurers race to meet recapitalization deadline
Nigerian insurers are racing to complete capital-raising programs, secure regulatory approvals and undergo independent verification before the National Insurance Commission's July 31 recapitalization deadline, Business Day reported. Some operators…
For new insurers added in June
9c4cad62-353c-443f-a163-f9912db422b0 Created: Jul 16, 2026 09:43 PM (Updated: Jul 16, 2026 09:44 PM) Including intermediaries, the total number of new registrations for 2026 rose to 35 after three insurance agents were also licensed during the…
Police arrest 14 in $2.1m medical beauty insurance fraud syndicate
Hong Kong police have dismantled a sophisticated insurance fraud syndicate that utilized a medical beauty center and forged medical certificates to swindle more than HK$2.1 million in claims, arresting 14 individuals including doctors and insurance…
Howard Hughes taps Bermuda insurance veterans for Vantage
36099576-c5da-4b03-a3a7-6e99a17b6fcc Created: Jul 16, 2026 04:02 PM (Updated: Jul 16, 2026 04:03 PM) Marc Grandisson, executive chairman, Vantage (File photograph) Howard Hughes Holdings has appointed two former Arch Capital Group executives to…
HDFC Life, ICICI Prudential Life Insurance Q1 FY27 Profitability Surges on Robust Premium Collections
Leading private life insurers HDFC Life Insurance and ICICI Prudential Life Insurance have announced impressive double-digit profit growth for the first quarter of FY27, fueled by robust premium collections and strong investment income. HDFC Life…
IBC estimates $230M in insured damage claimed from Edmonton storms - Edmonton
The Insurance Bureau of Canada says two storms have resulted in almost a quarter billion dollars' worth of insured damage in Edmonton and the surrounding communities. Rob de Pruis says the majority of those claims from storms at the end of May and…
Did Collins double insurance premiums for 1M Georgians?
As Democratic U.S. Sen. Jon Ossoff seeks to retain his Georgia seat, he is pointing to Republican challenger U.S. Rep. Mike Collins' healthcare record as detrimental to Georgians. 'Donald Trump and his puppet Mike Collins, they doubled health…
'It Ends With Us' filmmaker loses bid to dismiss insurer's coverage lawsuit
Actor and director Justin Baldoni and his fellow “It Ends With Us” filmmakers have failed in their attempt to dismiss or pause a lawsuit filed by their insurer over who pays their legal costs stemming from a high-profile sexual…
Broker's call: HDFC Life Insurance (Buy)
Gross written premium rose 15 per cent y-o-y to ₹17,168 crores, driven by a robust 19 per cent y-o-y growth in renewal premium collections to ₹9,020 crore. The company reported a 7 per cent y-o-y growth in Individual APE at…
Lemonade Is Keeping More of Its Own Insurance Risk. Is That a Sign of Confidence or a Red Flag?
Long before artificial intelligence (AI) went mainstream with tools like OpenAI's ChatGPT, Lemonade (LMND 2.45%) harnessed AI to rethink insurance. From simplifying the process of purchasing coverage to streamlining claims processing, Lemonade made…
Insurers Hedge on Trump-Backed Pledge To Improve Denials Process
One year after the Trump administration announced that dozens of health insurers had signed a six-part pledge promising to reduce barriers to doctor-recommended care, some insurers now say they won't implement all the promised initiatives.
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