Category: Insurance

Sompo Insurance Indonesia (Sompo Indonesia), part of Sompo International Holdings Ltd, has announced the official commencement of operations of PT Sompo Insurance Sharia (Sompo Syariah), a new general syariah insurance company. Since 2017, Sompo Indonesia has provided syariah-based asset protection services, offering insurance solutions tailored to the needs of individuals and businesses while adhering to…

TAL Daiichi Life Australia Pty Limited (TDA), an Australian subsidiary of Daiichi Life Group, Inc., has submitted a non-binding indicative proposal to the Board of Challenger Limited for the potential acquisition of the remaining 79.5% of ordinary shares in Challenger at A$11.80 per share via a scheme of arrangement. In April 2025, Japanese insurance group…

Howden, the global insurance intermediary group, has launched a dedicated Employee Benefits (EB) & Pension business in Sweden, led by Henrik Mohlin, who has been appointed Head of Employee Benefits & Pension. The newly launched business broadens Howden’s Employee Benefits proposition for Swedish corporate clients and enhances Howden’s global employee benefits and pensions advisory practice,…

“There is a lot of hungry and extremely naive capacity available,” Evan Greenberg, Chairman and Chief Executive Officer of Chubb, highlighted as he addressed mounting competitive pressures across global commercial property and casualty (P&C) lines. Pointing to an influx of undisciplined underwriting capacity, Greenberg noted that Chubb’s global reach remains its strongest shield: “Our broad…

Corgi Insurance, an AI-native insurance carrier built for high-growth companies, has announced the appointment of James Kullman as Head of Underwriting, North America. In his new role, Kullman will lead efforts to advance commercial underwriting across North America, leveraging AI to improve risk selection, develop underwriting guidelines, strengthen portfolio management and support regulatory compliance. He…

HCI Group, Inc., a Tampa-based insurance holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has confirmed that only one of its three reinsurance towers has been impacted after receiving claims from Hurricane Isaias. To recap, Hurricane Isaias made landfall near Destin, Florida, as a Category 2 hurricane on 9…

CyberCube, a provider of cyber risk analytics for the insurance industry, and Blackpanda, Asia’s leading cyber incident response company, have partnered to bring cyber risk analytics to brokers across Asia through Broking Manager. CyberCube noted that cyber risk models used across Asia have typically been benchmarked against a single global average. Under the collaboration, CyberCube’s…

SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has announced the California expansion of SageSure One to better serve the growing premium homeowners segment. SageSure One is a homeowners insurance and property resilience programme designed for higher-value properties. It now offers a bespoke placement for resilient, higher-value California homes, with up to $20 million…

The Hartford, a US insurance and financial services provider, has announced a series of senior appointments within its Global Specialty business unit, covering wholesale casualty, financial lines, professional liability and cyber insurance. Charles Chin will take over as Head of Wholesale Casualty for Navigators, a brand of The Hartford, while Anthony Dolce has been appointed…

CRC Group, an independent wholesale specialty insurance distributor, has released its Property REDY Index for Q3 2026, showing that property pricing continued its downward trajectory, although the pace of rate reductions began to moderate. CRC Group reported that average year-over-year renewal pricing declined 12.0% in July, 11.4% in August and 11.1% in September, compared with…