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Analysts at Autonomous said they do not expect the data centre trade to move the needle for the insurance sector, suggesting the opportunity set will add just ~1% to the overall commercial P&C market through 2030, despite the hype. In a recent report, analysts at Autonomous estimate that new premiums across lines related to data…
Adéla has hit out at Donald Trump and his administration for using her song in a social media post without permission. The Slovak singer is currently enjoying global success off the back of her hit Nicole Kidman, which the White House used in a video earlier this week to encourage people to vote Republican in…
Eric Andersen, President and Chief Executive Officer (CEO) of global insurer AIG, expects the carrier to find a good balance between some of the front-end pressures in the property insurance space and the ability to save money on its reinsurance buying at the January 1 renewals. Following the release of a strong set of third…
Happy National Sex Toy Day! In my world, this day is better than Christmas itself. Ordinarily, I’d start a piece with a joke about how great these buzzy buys are, and (in my head, at least) we’d all have a giggle and a chinwag about our favourites. But research conducted by YouGov on behalf of…
Fairfax Financial Holdings Limited’s property and casualty insurance and reinsurance companies produced solid underwriting results, reporting an undiscounted consolidated combined ratio of 92.5% and consolidated underwriting profit of $523.9 million. This compares with an undiscounted combined ratio of 92.0% and underwriting profit of $540.3 million in the third quarter of 2025. The underwriting results for…
Mercury General Corporation, a property and casualty insurance provider, has reported a net loss of $13.7 million in the third quarter of 2026, compared with net income of $280.4 million in the same period a year earlier. Mercury’s net loss was driven by net realised investment losses, net of tax, of $206.9 million, compared with…
Lloyd’s is changing its operating model to reduce complexity and the cost of doing business in its market while maintaining world-leading standards of oversight, with Chief Executive Patrick Tiernan calling the changes an “important first step” towards removing unnecessary friction. According to the world’s leading specialist insurance and reinsurance marketplace, this announcement delivers on the…
Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates (Obsidian) from private equity firm Genstar Capital. The acquisition, initially announced back in April 2026, will establish a fifth business line for Protective, focused on specialty property and casualty (P&C) insurance, which…
Please don’t shoot the messenger, but there are only 51 days to go until Christmas. I know, time to panic. But gifting doesn’t have to be complicated. If you’re worried about not being able to get it all done before Christmas (tell me about it) there’s one sure fire way to make your gifts seem…
Greg Schiffer, Head of North America at global reinsurer AXA XL Re, said that one of the central themes at the APCIA Annual Meeting 2026 was how the industry can continue to provide sustainable capacity in a more complex and uncertain risk environment. In an interview with Reinsurance News following the American Property Casualty Insurance…