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Latest Articles
Canada's insurers stay well positioned to soak up wildfire losses, a rating agency says
11+ hour, 43+ min ago (824+ words) Wealth Professional...
HSBC sells SG insurance unit to Germany’s Allianz
4+ hour, 1+ min ago (313+ words) HSBC has agreed to sell its Singapore life and health insurance business to Germany's Allianz in a deal valuing the unit at S$2.7 billion ($2.09 billion), the companies said on Friday. The disposal is expected to generate a pre-tax gain of…...
Cutting exposure now may cost reinsurers later, Oxbow says
10+ hour, 59+ min ago (225+ words) Reinsurers that cut market share during soft pricing cycles cannot regain it once the market hardens, according to new analysis from Oxbow Partners. The finding challenges a common assumption among reinsurance executives, who have argued that restraint in soft markets…...
HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal
14+ hour, 23+ min ago (562+ words) By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) – HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims non-core operations and focuses on its Asian wealth and…...
AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
5+ hour, 5+ min ago (543+ words) Yahoo Finance Oops, something went wrong U.S. markets close in 2h 37m AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited HONG KONG, July 24, 2026--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer…...
In June, “Express Insurance” paid out 11 million UAH for military risks
6+ hour, 44+ min ago (231+ words) 24 July, 2026 In June 2026, Express Insurance paid out more than 11 million UAH to customers for claims related to military risks, which is 26 times higher than the figure for the same period in 2025. According to the insurer’s website, the company settled 26 insurance…...
Asia-Pacific’s catastrophe season was subdued – its protection gap was not
3+ min ago (706+ words) Insurance Business Asia-Pacific’s catastrophe season was subdued – its protection gap was not A single Chinese flood event captures a structural underinsurance challenge across the region The headline loss numbers from Asia-Pacific’s first half of 2026 are modest. The story underneath them…...
Hartford Insurance Group Releases Q2 2026 Financial Results
6+ hour, 9+ min ago (290+ words) AlphaStreet The Hartford Insurance Group, Inc. AlphaStreet Newsdesk powered by AlphaStreet Intelligence The Hartford Insurance Group, Inc. beat Wall Street expectations in the second quarter, posting core earnings of $3.42 per diluted share that topped the analyst consensus of $3.27 by 4.6%. The…...
Tower’s climate degree funding enters year six – and the context has changed
1+ hour, 10+ min ago (203+ words) Tower Insurance’s annual funding of the University of Waikato’s Bachelor of Climate Change programme is entering its sixth year. Given the volume of regulatory and market evidence now accumulating around climate risk in New Zealand and the Pacific, the programme’s…...
AM Best Assigns Credit Ratings to Newhall Specialty Insurance Company
6+ hour, 2+ min ago (342+ words) Yahoo Finance Oops, something went wrong U.S. markets close in 5h 8m AM Best Assigns Credit Ratings to Newhall Specialty Insurance Company OLDWICK, N.J., July 24, 2026--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating…...