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Talanx Group reported a record 2025 net profit of €2.48 billion, split equally between primary insurance and reinsurance, reflecting the company’s “diversified and balanced” structure. Torsten Leue, Chairman of the Management Board of Talanx, commented: “2025 has been an extraordinary year. In the first quarter we experienced the largest natural disaster losses in the history…

Specialist Lloyd’s Insurance and Reinsurance Markets has applied to set up operations in the Gujarat International Fintech City (GIFT City), India’s first operational greenfield smart city, India Business News reported. Officials from India’s International Financial Services Center Authority (IFSCA) told the publication that Lloyd’s has applied to set up a statutory insurance and reinsurance company…

Artificial intelligence-powered editing tools are becoming a regular part of digital life, with data analytics and technology provider Verisk reporting that their growing use is affecting behavior in insurance claims. In its latest Verisk State of Insurance Fraud study, the company said 36% of consumers would consider changing claims images or documents, even if doing…

James River Group Holdings, Inc., an American specialty insurance company focused on excess and surplus lines and reinsurance solutions, announced that Kelly Hadiaris has returned to the company as senior vice president of excess casualty underwriting. She will lead the excess casualties division of the company’s excess and surplus (E&S) division and report to Todd…

BPL, an independent credit and political risk insurance broker, has opened an office in Japan as part of its wider international development. The decision reflects growing demand for specialized credit and political risk insurance solutions from Japanese financial institutions, trading companies, multinational corporations and investors. Japanese banks are particularly interested in using credit insurance to…