As the cyber market continues to expand-the market has doubled in global gross written premiums from $8bn in 2020 to $16bn today-insurers are increasingly seeking efficient ways to protect against extreme cyber tail events, according to a new white paper by Gallagher Re.
The granting of war cover for the Persian Gulf and Red Sea is and will remain available under specific agreement on a single voyage basis as long as navigation is authorised by governments and flag states, said the International Union of Marine Insurers (IUMI) in an official statement released yesterday.
Paris-headquartered global reinsurer SCOR has reported a net income of EUR851m ($990m) for the financial year ended 31 December 2025, according to financial statements released yesterday by the company.
After four decades of rapid economic development, urbanisation, and lifestyle change, Asia Pacific is now witnessing an unprecedented increase in metabolic ill health among its youngest generations.
Specialist strategic advisory firm in the (re)insurance sector, Huntington Advisory, has appointed Mr Alexander Ankel as Senior Advisor. His appointment accelerates the firm's European expansion strategy, establishing a direct senior presence in German-speaking Europe.
A new report from S&P Global Ratings states that the ongoing Middle East war will not have a major impact on global reinsurers, considering that they have limited direct asset exposure in the region.
Seven of the 12 leading P&I clubs - marine mutual insurance associations established and run by shipowners and related stakeholders - will cease providing war risk coverage for vessels entering the Persian Gulf from the 5th.
The boards of Zurich and Beazley announce that they have agreed the terms of a recommended all-cash offer by Zurich for the entire issued and to be issued share capital of Beazley.
Swiss Re's Board of Directors has announced plans to nominate Mr Jean-Jacques Henchoz for election as a new, non-executive and independent member of the Board for a one-year term.
Global reinsurance giant Swiss Re increased its group net income by 47% in 2025, delivering a historic-high profit of $4.8bn, against a target of more than $4.4 bn. The ROE was 19.6% for 2025, increased from 15.0% in 2024.