THE WIRE · UPDATED FOUR TIMES A DAY
The wire
Insurance news from trade publications, regulators, companies and research houses, as it is published. Each line is the outlet’s own headline (in English translation, labelled, when the original is in another language) with our one-line summary; follow the link to read the original. Last checked 2026-10-20 07:00 UTC.
Power Sector’s Breakneck Growth Is Outpacing Risk Management, FM Finds ↗
FM survey of 750 power generation decision-makers finds 78% say site selection often creates unanticipated downstream exposure.
PIB Group-owned broker network appoints new chief executive ↗
A broker network owned by PIB Group has named a new chief executive.
Insurance Times Awards 2026: Daines Kapp on its ‘good year’ in a ‘challenging market’ ↗
Daines Kapp reflects on a good year in what it calls a challenging market.
Insurance Times Awards 2026: Fuzzy Insurance on growing to a 30-strong firm in just two years ↗
Fuzzy Insurance describes growing to 30 staff in just two years.
Insurance Times Awards 2026: Why Superscript Insurance believes it offers ‘something distinctive in the market’ ↗
Insurance Times Awards 2026: Moorhouse on its commitment to ‘excellence, innovation and sustainable growth’ ↗
Gallagher appoints executive director of hull and war risks ↗
Marsh launches road and critical infrastructure construction products ↗
Marsh launches two construction facilities: one for UK road contractors, one for critical plant and equipment.
Lloyd’s draws red lines for broker reinsurance as Cortina takes shape ↗
Generali debuts at Lloyd’s with Syndicate 2031 Red Bridge ↗
Also: Commercial Risk, Business Insurance, Intelligent Insurer, Insurance Business (UK)
Europe’s shifting flood losses expose new accumulation risks: Gallagher Re ↗
Gallagher Re says shifting European flood losses are exposing new accumulation risks.
Howden expands European leadership as business grows across 30 countries ↗
Cincinnati’s Lloyd’s diversification takes shape with new treaty book ↗
Cincinnati's Lloyd's operation is diversifying with a new treaty book.
Howden Re highlights reinsurance’s role as a capital tool as prices soften ↗
Howden Re argues reinsurance should be a capital tool as softening prices create room to reassess retention.
Also: Global Reinsurance
E+S Rück expects strong German reinsurance demand as competition ↗
Absa Kenya Insurers Sale Reported at US$23m ↗
A sale of Absa Kenya's insurance business has been reported at US$23 million.
SMEs Relying on Expensive Finance Options, Says Premium Credit ↗
Premium Credit says UK SMEs lean on premium finance and insurer credit more than other borrowing.
Nevada court upholds denial of firefighter’s total disability benefits ↗
Credeq sets up specialist credit insurance syndicate ↗
Is cyber’s soft market about to harden? ↗
Falling cyber rates are colliding with rising losses, so the market may be near a turning point.
Industry Panel Highlights Challenges in Selling Cyber Insurance to SMEs ↗
A panel says SMEs are not buying the right cyber cover despite knowing the risk.
Why captive insurance for cyber and trade credit is growing ↗
Coverage gaps and limits are pushing organisations toward captive structures for both cyber and trade credit cover.
Tarrytown daycare company sues insurer for $1.1M ↗
A Tarrytown daycare company is suing its insurer for $1.1 million.
Budget Direct opens Adelaide service hub, with room for 300 staff by 2027 ↗
Mid-market employers are flying blind on alternative funding ↗
Mid-market employers lack clarity on alternative health funding, and many sit in plans that hurt them.
Gallagher adds Australian comms firm in ongoing benefits build-out ↗
Gallagher has acquired a Melbourne employee communications firm, extending its deals across four countries.
Also: Insurance Business (US)
Life insurance council announces grant winners ↗
Central Bank issues warning over two unauthorised firms advertising cheap car insurance ↗
Jonathan Barne KC: The co-insurance defence ↗
Why claims leaders want AI to automate tasks, not decisions ↗
Claims leader Clayton Matthews argues AI should automate claims tasks rather than decisions.
Europe's Insurers Cut Coverage of Weather Losses, Report Says ↗
When someone else’s outage becomes your claim ↗
Cyber business interruption claims are moving downstream when third-party outages hit insureds.
Femia to lead newly launched DOXA Re as President ↗
Also: Insurance Business (US)
AI exclusions are spreading. Harbor just raised $10 million to insure the gap ↗
Harbor raised $10M to cover AI risk left by spreading AI exclusions and monitors agent activity.
Acuity’s five outside hires hint at a HNW private-client push in personal lines ↗
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports ↗
Florida's insurance regulator reports 47,000 Isaias claims and $582M in losses so far.
France riots put SRCC accumulation risk in focus for re/insurers: Morningstar DBRS ↗
Morningstar DBRS estimates €1–1.2bn insured losses from France's riots and urges dedicated SRCC pricing.
Insurance, Maintenance Factors Challenge U.S. Plans to Ease Shadow Fleet Sanctions ↗
Analysts say easing sanctions on shadow fleet tankers would have limited impact, as ships lack insurance.
Meeting to address mortgage and insurance difficulties facing defective concrete homeowners - Highland Radio ↗
Airlines evacuate $4B worth of aircraft from Riyadh ↗
Saudi airlines are urgently evacuating aircraft worth up to $4bn from Riyadh after Houthi strikes damaged six.
Marsh to pay largest share of Greensill settlement ↗
Italian brokerage launches Brazilian marine insurance JV ↗
Cambiaso Risso Marine entered Brazil's marine insurance market via a 51/49 joint venture with Korsa.
Insured wildfire loss estimate grows to $634M ↗
France Assureurs estimates this summer's wildfires caused up to €563M in insured losses.
Executives’ defense costs spark $56M insurance battle ↗
Lloyd's syndicates ask the Court of Appeal to overturn an order to fund £45M of defence costs for two ex-Petrofac executives.
Hannover Re promotes new South Africa CEO ↗
Hannover Re has appointed Wesley Clay as chief executive of its South African operations.
How ReSource Pro is building insurance data services for AI ↗
KB Insurance sets up London subsidiary ↗
KB Insurance has set up a London subsidiary to prepare investments in Lloyd's syndicates.
BHSI appoints Carsten Keune as Country Manager for Poland ↗
BHSI has appointed Carsten Keune as Country Manager as it enters the Polish market.
Also: Coverager
Global Medical Trend Eases to 9.0% for 2027, but Cost Pressures Remain Far Above Inflation ↗
Aon projects global medical cost trend easing to 9.0% for 2027, still far above inflation.
Contributions from insurers shape Ohio governor elections | Local ↗
Insurance industry contributions are shaping Ohio's governor election campaigns.
How we relay: the outlet’s headline, a one-line summary in our own words, the outlet’s name and a link to the original. We never reproduce an outlet’s text or images, we honour robots.txt, and paywalled sources appear as headlines only. Events covered by three or more outlets become candidates for our own briefs. Our sources.