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Updates

Stay informed with the latest developments from the global insurance industry. The Update category delivers timely news, policy changes, regulatory insights, market trends, and innovations shaping the future of insurance worldwide.

Baldwin Insurance Group Reports Q3 Loss but Beats Earnings Expectations

November 15, 2025November 5, 2025
Untitled design 16 Baldwin Insurance Group Reports Q3 Loss but Beats Earnings Expectations

TAMPA, Fla. — The Baldwin Insurance Group, Inc. (BWIN) has reported a loss of $18.7 million for the third quarter …

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Hancock County Schools Explore Dental and Vision Insurance Options

November 15, 2025November 5, 2025
Hancock County Schools Explore Dental and Vision Insurance Options Hancock County Schools Explore Dental and Vision Insurance Options

NEW CUMBERLAND — Hancock County Schools is currently exploring potential options for dental and vision coverage for both employees and …

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IGI Reports Mixed Results for Nine Months of 2025 Amid Currency Challenges

November 15, 2025November 5, 2025
Untitled design 15 IGI Reports Mixed Results for Nine Months of 2025 Amid Currency Challenges

International General Insurance (IGI) has released its financial results for the third quarter and first nine months of 2025, showing …

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Cybastion Champions Cyber Insurance as Africa’s Defence Against Rising Digital Threats

November 15, 2025November 5, 2025
Untitled design 14 Cybastion Champions Cyber Insurance as Africa's Defence Against Rising Digital Threats

Executives from Africa’s financial services sector, insurers, and regulators gathered on November 4 for a TED Talk-style Masterclass on cyber …

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BPL Unveils New Funded Solutions Team to Expand Credit Insurance Services

November 15, 2025November 5, 2025
Untitled design 12 BPL Unveils New Funded Solutions Team to Expand Credit Insurance Services

BPL, an independent broker specialising in credit and political risk insurance (CPRI), has launched a dedicated Funded Solutions team aimed …

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Tompkins Financial Sells Insurance Unit to A.J. Gallagher for $223 Million

November 15, 2025November 4, 2025
Tompkins Financial Sells Insurance Unit to A.J. Gallagher for 223 Million Tompkins Financial Sells Insurance Unit to A.J. Gallagher for $223 Million

Tompkins Financial Corp. has completed the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (TIA), to Arthur J. …

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UBS Chairman Warns of Systemic Risk in US Insurance Sector Amid Weak Regulation

November 15, 2025November 4, 2025
Untitled design 54 UBS Chairman Warns of Systemic Risk in US Insurance Sector Amid Weak Regulation

UBS Group AG’s chairman, Colm Kelleher, has raised concerns over systemic risks in the US insurance industry, highlighting the lack …

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India Explores Climate-Linked Insurance Scheme to Tackle Rising Climate Risks

November 15, 2025November 4, 2025
India Explores Climate-Linked Insurance Scheme to Tackle Rising Climate Risks

As climate change accelerates, India is facing increasingly severe weather events, leading to widespread destruction and loss of life. With …

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Kshema General Insurance Secures $20 Million Investment from Green Climate Fund

November 15, 2025November 4, 2025
Kshema General Insurance Secures $20 Million Investment from Green Climate Fund

Kshema General Insurance has announced that the Green Climate Fund (GCF) Board has approved a $20 million capital infusion to …

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UBS Chairman Warns of Systemic Risk in US Insurance Sector Amid Weak Regulation

November 15, 2025November 4, 2025
UBS Chairman Warns of Systemic Risk in US Insurance Sector Amid Weak Regulation

The chairman of UBS Group AG, Colm Kelleher, has raised concerns about emerging risks within the US insurance industry, citing …

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