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The stories of the last week, chosen by your interests. Everything here is also on insurewire.org: briefs reviewed by Stet, our AI editor, and headlines from the wire.

IllustrationAI-generated, not a photograph

Regulation · Middle East

Dubai regulator fines Moody's Middle East unit $585,825 after seven data disclosure incidents

The Dubai Financial Services Authority has fined Moody's Investors Service Middle East Limited USD 585,825 for data confidentiality breaches. The rating agency reported seven inadvertent disclosures between December 2023 and May 2026, four of which sent confidential data to outside recipients. The fine includes a…

29 Oct 2026Regulation and enforcement

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Markets & Results · Americas

The Hartford's third-quarter net income rises 23% to $1.3bn as catastrophe losses almost triple

The Hartford's net income available to common stockholders rose 23% to $1.3bn in the third quarter of 2026, helped by a $497m gain from commuting its asbestos and environmental reserve cover. Core earnings fell 6% to $956m as current-year catastrophe losses rose to $198m from $70m, and P&C written premiums grew 4%.

29 Oct 2026Results and ratings

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Insurance · Europe, Asia-Pacific, Middle East

Ardonagh plans phased move of more than $3bn of MGA premium to the Orvia brand, including its Dubai unit

Ardonagh Group plans to bring its managing general agencies worldwide under the Orvia Underwriting brand in stages, as part of a move to a global, product-led operating model, Reinsurance News reported. The MGAs together write more than $3bn of gross written premium. Dubai-based Antarah will become Orvia Middle East…

29 Oct 2026Company news and products

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AI in Insurance · Americas

Anthropic tells investors a catastrophic AI incident could exceed what insurers can cover

Anthropic's IPO registration statement, filed with the US SEC on 26 October, warns that a catastrophic AI incident could be larger than any single insurer, and possibly the whole industry, can underwrite. The AI developer also says the market for AI-specific cover is still young and that it may be unable to buy some AI…

29 Oct 2026Regulation and enforcement

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Risk & Catastrophe · Americas, Europe

AM Best warns the PHP flaws could become a systemic cyber event, with losses reaching D&O cover

Rating agency AM Best says the critical PHP vulnerabilities disclosed this month could become a systemic event for cyber insurers, Carrier Management reported. It says insured losses could extend into directors' and officers' cover, because regulators in the EU and the US set reporting and patching requirements. AM…

29 Oct 2026Results and ratings

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Markets & Results · Americas

Aon's debt rises 84% to $28bn as it borrows for the USI deal, while organic growth reaches 6%

Aon's total debt reached $28.0bn at 30 September, against $15.2bn at the end of 2025, after it issued debt to fund its planned acquisition of USI Insurance Services. Third-quarter revenue rose 3% to $4.10bn on 6% organic growth, and Aon expects the USI deal to close in the fourth quarter.

28 Oct 2026Results and ratings

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