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News
Santam H1 GWP increases, cat losses hit underwriting margins
14+ hour, 11+ min ago (102+ words) Intelligent Insurer - Santam H1 GWP increases, cat losses hit underwriting margins Santam, Africa’s biggest short-term insurer, maintained its underwriting margin above the midpoint of its target range in the first half of 2026, despite significant catastrophe losses and a more challenging pricing…...
Perils lowers windstorm Nils six-month insured loss estimate
3+ week, 2+ day ago (97+ words) Intelligent Insurer - Perils lowers windstorm Nils six-month insured loss estimate Perils has lowered its estimate of the insured market loss from extratropical windstorm Nils, also known as Ulrike, as the storm’s impact on southwest France continues to be assessed. To…...
CatIQ closes book on Canada’s Hurricane Debby insured loss
3+ week, 2+ day ago (105+ words) Intelligent Insurer - CatIQ closes book on Canada’s Hurricane Debby insured loss CatIQ has closed the book on the final industry-wide insured loss from flooding caused by the remnants of Hurricane Debby in Ontario and Quebec marking a stable outcome two…...
Mangrove sets up Bermuda reinsurer to strengthen Florida risk strategy
3+ week, 3+ day ago (98+ words) Intelligent Insurer - Mangrove sets up Bermuda reinsurer to strengthen Florida risk strategy Florida-based P&C insurer Mangrove has established a Bermuda-domiciled reinsurer to improve risk transfer efficiency, optimise capital deployment and support its long-term underwriting strategy in Florida. To request…...
Florida got relief: nearly half of carriers cut reinsurance cost 15-25%
1+ mon, 1+ week ago (109+ words) Intelligent Insurer - Florida got relief: nearly half of carriers cut reinsurance cost 15-25% The bulk of Florida’s homeowners insurance carriers took risk-adjusted price cuts of 15 - 25% in their latest renewals, the Florida insurance regulatory office has said. To request a FREE 2-week…...
Liberty Mutual, USAA expand California wildfire cover as reforms gain traction
1+ mon, 3+ week ago (116+ words) Intelligent Insurer - Liberty Mutual, USAA expand California wildfire cover as reforms gain traction Liberty Mutual has filed plans to expand homeowners insurance coverage in California’s wildfire-distressed areas, joining a growing number of insurers increasing capacity as the state’s Sustainable Insurance…...
Offering discounts for skyrocketing Florida homeowner insurance premiums hurts poorest
1+ mon, 3+ week ago (100+ words) Intelligent Insurer - Offering discounts for skyrocketing Florida homeowner insurance premiums hurts poorest Discounting household insurance premiums in Florida to offset rising insurance costs, providing homeowners make their houses extreme weather-resilient, hurts the poorest. To request a FREE 2-week trial subscription,…...
Flood Re paves way for pilot and future resilience-linked insurance pricing
1+ mon, 4+ week ago (113+ words) Intelligent Insurer - Flood Re paves way for pilot and future resilience-linked insurance pricing Flood Re has moved a step closer to introducing Flood Performance Certificates (FPCs) after publishing research that establishes a standardised framework for collecting and documenting household flood…...
California clears key reform: FAIR Plan cost pass-through upheld
2+ mon, 1+ day ago (121+ words) Intelligent Insurer - California clears key reform: FAIR Plan cost pass-through upheld California defended a key portion of its 2024 insurance market reforms from a consumer rights challenge, securing a court ruling that member carriers of the residual wildfire insurer, The California…...
Surf’s up: Hiscox expands US flood offering for larger property risks
2+ mon, 4+ day ago (119+ words) Intelligent Insurer - Surf’s up: Hiscox expands US flood offering for larger property risks Hiscox has expanded its US flood insurance offering with the launch of a new underwriting solution designed to provide cover for larger commercial and residential property risks…...