Although the English courts have now delivered a verdict in favour of the claimants in the Russia Aircraft Lessor Policy mega-trial, Gallagher Re has observed that “significant uncertainty” persists, especially regarding how reinsurers might respond and the potential ripple effects on reinsurance pricing that could influence the broader aviation insurance market. Readers may recall that […]
One recruit who reportedly survived the ranch said those who refused orders or tried to escape were beaten, tortured and killed.
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Pierre-Edouard Fraigneau as the President, Europe, effective September 1st, 2025. In his new role, Fraigneau succeeds incumbent President Kadidja Sinz and will continue to work closely with her until her retirement at the end of 2025. Currently, Fraigneau is the Chief Underwriting Officer […]
The IRS said in a court filing that churches whose pastors endorse political candidates from the pulpit shouldn’t lose their tax-exempt status.
A man has become the 140th person identified as one of Argentina’s hundreds of “stolen grandchildren.”
Willis, a WTW business, and specialist insurer Markel have launched ‘Undercover’, a new $200 million facility that aims to provide coverage for a range of geopolitical exposures faced by cargo owners globally. Developed by Willis, this joint proposition has a unique offering designed for the risk transfer of cargo, war on land, terrorism, political violence […]
Sens. Elizabeth Warren and Tim Sheehy are introducing a new Pentagon policy that has the support of the Trump administration.
Charles Taylor InsureTech, a technology partner to the insurance industry, has introduced autonomous AI agents — known as agentic AI — as part of its initiative to modernise customer service and streamline core insurance operations through artificial intelligence. Agentic AI stands apart from traditional generative AI by carrying out real-time tasks independently, without relying on […]
Supported by the Ocean Risk and Resilience Action Alliance (ORRAA) through the UK’s Blue Planet Fund, the United Nations Development Programme’s (UNDP) Insurance & Risk Finance Facility (IRFF) is partnering with Swiss Re and the Indonesian government to develop a long-term insurance solution that protects and restores coral reefs. UNDP explained that it supported the […]
Efforts to decrease alarmingly high rates of suicide among construction workers and prevent burnout in health care workers are in jeopardy.
