Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hartford Insurance Group Inc. stock underperforms Friday when compared to competitors
Shares of Hartford Insurance Group Inc. HIG slipped 1.10% to $132.93 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.61% to 6,632.19 and Dow Jones Industrial Average DJIA…
Is life insurance really worth it?
Thinking about what will happen to the financial health of our loved ones when we pass away can be tricky to fathom, let alone prepare for. And the idea of yet another expense is not overly attractive when mortgage rates are rising again, and the…
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Reinsurance Explained: How It Protects Insurers and Spreads Risk
Reinsurance protects insurers from large-scale risks like natural disasters. It spreads risk among multiple insurers to share financial burdens. This system maintains stability in the insurance market. Reinsurance has evolved over centuries to…
No life insurance for Mojtaba Khamenei: Netanyahu
Asserting that the joint United States-Israel campaign against Iran is 'going better than expected' and Israel is 'stronger than ever', Israeli Prime Minister Benjamin Netanyahu on Thursday said there was 'no life insurance' for Iran's newly chosen…
Deadline extended for US Insurance Awards
The deadline to submit a nomination for Business Insurance 's U.S. Insurance Awards has been extended to March 27. Now in its ninth year, the awards program highlights exceptional work by insurance professionals working at companies across the…
Oaktree plans to buy South Carolina insurer after 777 Partners collapse
Our digitised version of the FT newspaper, for easy reading on any device. FT Digital Edition: our digitised print edition Global news & analysis Expert opinion Translate instantly to 26 languages Lex: FT's flagship investment column FT Magazines…
Car Insurance Deductible: How It Works and How to Choose the Right Amount
A car insurance deductible is what an insurance company deducts from a claim payment. The deductible amount directly affects car insurance premiums. Deciding on a deductible comes down to your budget and how much cash you have for emergencies. A…
Won't take life insurance policy for Mojtaba Khamenei: Netanyahu
Israeli Prime Minister Benjamin Netanyahu declares the US-Israel campaign against Iran is surpassing expectations. Netanyahu claims the joint US-Israel campaign against Iran is exceeding expectations, aiming to curb Iran's nuclear ambitions and…
AI and insurance - productivity gains and emerging risks
Complex risks: pictured, from left, are moderator Meg Green, George Alayon, Peter Horrobin and Devin Page (Photograph supplied) The rise of artificial intelligence brings the prospect of huge productivity gains for the insurance industry, as well…
Enstar to acquire US insurer AF Group
c9231ae3-2bf5-40b9-9e3b-7ad55b8db89e Dominic Silvester, CEO of Enstar Group Ltd, says the deal will bring together two organisations with aligned strengths (File photograph) Enstar Group Ltd has agreed to acquire Accident Fund Holdings Inc, an…
US taps Chubb for $20bn maritime insurance backstop
d0619b8c-2d99-48ca-b4b2-fb66e182e27b A group of people camp on a beach overlooking the Strait of Hormuz, with oil tankers and cargo ships in the background, near Khor Fakkan, United Arab Emirates, on Wednesday (Photograph by AP/Altaf Qadri) The…
Activist fund Align Partners presses DB Insurance on governance, shareholder returns
Align Partners Capital Management has ramped up pressure on DB Insurance over shareholder value concerns by sending a second open letter to the insurer's board, the activist fund said Friday. In the letter, issued Thursday in response to DB…
India's $57B Gulf Export Corridor Braces for Impact as War Risks Spike Shipping and Insurance
India's export sector is facing its most significant geopolitical disruption since the global supply chain shocks of 2022, as tensions in West Asia ripple across shipping lanes and trade corridors. With the strategic maritime route around the…
EDITORIAL: No accident: Nevada auto insurance rates soar
Nevada is now one of the most expensive states in which to insure a vehicle. Insure.com ranks the Silver State as the fourth-costliest state when it comes to acquiring auto coverage, with rates rising 59 percent since 2023. Bankrate.com calculates…
War risk insurance costs spiral upwards as West Asia conflict escalates
“Premium would have already touched 10% or even more. The charterer will end up paying the rise in the cover and will pass it on to customers,” an insurance official said. Meanwhile, Brent crude oil has climbed above $100 per barrel.
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