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Legal Issues
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Industry News
Major risk conditions hinge on crystallisation of 2025 aviation claims: Howden Re
Following the 1 January 2026 renewals, the future direction of major risk market conditions will likely be determined by the final amount of losses incurred
Extreme weather in Australia costs insurers $3.5bn in 2025: ICA
According to new data from the Insurance Council of Australia (ICA), extreme weather events have resulted in almost $3.5 billion in insured losses from 264,000
Fitch Ratings: US P&C market to soften further in 2026 as competition intensifies
Fitch Ratings, the credit rating agency, expects the US property and casualty (P&C) insurance market to face continued softening through 2026. According to the analysis,
2025 insured cat losses total $129bn, with US accounting for 78%, says Gallagher Re
Gallagher Re, the reinsurance broking and advisory firm, released its full-year Natural Catastrophe and Climate Report for 2025, reporting that global natural catastrophe losses during
Insured losses from catastrophic events across Canada total $2.4bn in 2025: CatIQ
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has announced that insured losses from catastrophic events experienced across Canada totalled CAD
AM Best shifts global reinsurance outlook to stable as property rates soften and casualty issues persist
A combination of accelerated price softening in the property segment with a modest relaxation of certain terms and conditions, as well as ongoing challenges in
