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Global commercial insurance premiums continued to fall in the third quarter of 2026, declining by an average of 5% as competition among insurers and abundant market capacity continued to influence pricing. According to the latest Global Insurance Market Index (GIMI), published on 21 October by Marsh, a global professional services firm specialising in risk, strategy…
Andy Burnham’s government has officially approved drilling in the Jackdaw gas field in the North Sea in a major blow to climate activists. It’s a dramatic move and the first confirmed policy set to be included in the upcoming Budget next week. The government says it will start supplying gas to British homes and businesses…
Munich Re has appointed Thomas Blunck to take responsibility for its Property and Casualty (P&C) Reinsurance business in Europe and Latin America, effective 1 November 2026. Blunck, who will continue in his role as CEO of Reinsurance, will assume the additional responsibility from Clarisse Kopff, who will step down from the Board of Management of…
Arbol, the AI-native insurer, has launched a Data Center Regulatory Moratorium Cover, a first-of-its-kind product that transfers the risk of government action halting or suspending data centre construction. The product pays a set amount when a covered government action takes effect and remains in force beyond a defined waiting period. It is designed to protect…
Holborn Corporation has announced the next phase of its leadership succession, with Frank Harrison to retire as CEO and continue as Non-Executive Chairman, Adam Manus to become CEO, and Tim Releford to become President, effective 1 March 2027. Harrison began his reinsurance career in 1982 and joined Holborn in 1989. He developed into a producer…
During Tuesday’s Dedication Night, which sees the famous contestants paying homage to special people in their lives and careers, Julia performed a contemporary routine to Can’t Take My Eyes Off You, famously featured in one of the 1999 teen classic’s most iconic scenes. Julia Styles and Ezra Sosa performing together on Tuesday’s edition of Dancing…
Banyan Risk, the specialty managing general agent (MGA), has announced the expansion of its Casualty platform into the United States excess and surplus (E&S) market. Insurance capacity will be provided by Accredited Specialty Insurance Company, part of Accredited America, positioning Banyan Risk to deliver specialised excess casualty solutions across high-demand US commercial segments. Alan Rodrigues,…
ADHD can have a knock-on effect on many aspects of our lives – from making friends when we’re younger to toilet troubles to health (it’s been linked to 34 physical health issues in a major study). But one area that is often “overlooked” when discussing the neurodevelopmental disorder in adulthood is the impact of symptoms…
Jess Middleton, Senior Europe Analyst at risk intelligence company Verisk Maplecroft, has suggested that this weekend’s unrest in France is shaping up to be one of the country’s “most significant ever” strikes, riots and civil commotion (SRCC) events. Verisk Maplecroft’s analyst noted that the scale of the damage suggests the riots could ultimately prove more…
Over the weekend, Sunil made his debut as the Kwik-E-Mart owner in a special Halloween episode of The Simpsons, almost a decade since the character was last heard speaking. Prior to that, Apu had been at the centre of controversy and debate over whether the voice performance by cast member Hank Azaria, who is white…