Parcel Bomb Explosion Injures Man at Allianz Insurance Office in France
What’s Happening? A parcel bomb exploded at an Allianz insurance office in Montluçon, a town in central France, on Monday, …
Australian Insurers Post Best Return on Equity in a Decade
What’s Happening? Australia’s general insurance industry has recorded its highest return on equity (ROE) in ten years for the 2025 …
Asia-Pacific Insurance Market Poised for Explosive Growth, Driven by Reforms and Low Coverage
What’s Happening? The insurance market in the Asia-Pacific region is entering a powerful growth phase, driven by modernisation, expanding market …
Mutual Benefit Group Streamlines Claims Payments with One Inc’s ClaimsPay®
What’s Happening? One Inc, the leading digital payments network for the insurance industry, has announced that Mutual Benefit Group (MBG), …
Davies to Acquire SCM Insurance Services in Major Deal
What’s Happening? Davies, a specialist professional services and technology firm serving the insurance sector, has signed an agreement to acquire …
Munich Re Profits Surge, Despite Drop in Insurance Revenue
What’s Happening? Munich Re has reported a more than doubling of its net profit for the third quarter, reaching €2.0 …
Jamaica to Receive Full $150 Million Catastrophe Bond Payout
Jamaica is set to receive the full $150 million payout from its 2024 parametric catastrophe bond, following the activation of …
Paul White Appointed as CEO Sedgwick International
Sedgwick announced on Monday that Paul White will take on the role of Chief Executive Officer for the International division, …
What Progressive and GEICO’s Q3 Results Show About Auto Insurance Profit and Growth
Analysts have predicted a slowdown in growth and narrower underwriting margins for personal auto insurers in the coming quarters. This …
Onex CEO Sees Potential for Further Insurance Deals Following AIG Partnership
The CEO of Onex Corp. has indicated that the alternative asset manager is poised to pursue additional significant investments in …