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 12:00 UTC.
Toolkit helps brokers find and develop interns ↗
NIBA has launched a toolkit to help small and medium brokerages recruit, onboard and develop interns.
SRG adds to credit and political risk unit ↗
Criterion brings in commercial distribution exec ↗
Criterion Underwriting has hired Craig Mauger as executive director for commercial distribution as it expands.
AiBEC to host inaugural awards night ↗
AiBEC will hold its first awards dinner in Sydney on 12 November.
Canopius and Miramar strike sports capacity deal ↗
Miramar Group's agency will use Canopius as capacity provider for its sports insurance products.
Also: Insurance Asia News
"I asked the machine" is no answer when a regulator asks why a claim was declined ↗
Bisbjerg argues generative AI gives non-repeatable answers and cannot explain declined claims, so insurers must decide which claim steps can tolerate probabilistic output.
For second year in a row, ACA health insurance will cost far more ↗
ACA marketplace health insurance premiums are set to rise sharply for a second consecutive year.
Lloyd's broker ATL sets up in Spain and hires Javier Fernández as managing director ↗
Allianz Australia partners with Orange Sky for disaster aid | The Courier ↗
AI now mainstream at North American insurers, but few can prove the payoff: Moody's ↗
Third GTA frost advisory in a month signals start of cold-weather claims season ↗
Insurers expect bigger cold-weather claims once sustained cold arrives, after several GTA frost advisories.
Singapore life insurance premium growth is forecast to slow to 7%-9% in 2027 from up to 17% this year as rising healthcare claims pressure profitability. Demand for retirement income and investment-linked products remains strong. ↗
Paytm Payments Bank Liable For Failed Insurance Payment; Delhi Consumer Commission Orders Refund With Interest ↗
EAIC Day 2026: Sustainability is indispensable for the insurance industry, message from EAIC General Secretary Masayuki Tanaka ↗
EAIC Day 2026: Message from Chairman of The General Insurance Association of Japan ↗
Taiwan: Senior citizens will now receive subsidies on their health insurance premium ↗
Taiwan will subsidise senior citizens' health insurance premiums.
Your health insurance premiums may take a big jump in 2027 — here's why ↗
Singapore firms face mounting cyber risks, with 60% of ransomware-hit organisations reporting AI-enabled attacks. Meanwhile, 52% experienced business disruption or revenue loss, whilst 47% faced cancelled cyber policies or higher premiums. ↗
Survey finds Singapore firms hit by ransomware cite AI-enabled attacks, disruption and cancelled or costlier cyber cover.
Knights of Columbus insurance arm backs 50th Quebec charity drive ↗
850,000 British Columbians practice for the Big One as quake insurance gap persists ↗
850,000 British Columbians practise for the Big One as quake insurance gap persists ↗
IBC estimates up to half of BC homeowners lack earthquake cover as 850,000 people join the ShakeOut drill.
NIBA president Nick Cook: brokers should stop apologising ↗
Outgoing NIBA president tells brokers to stop apologising and back themselves as a tougher Code arrives.
Southern California wildfires spare most homes, but renew pressure on fire-zone cover ↗
Southern California wildfires spared most homes; insured losses look limited, but fire-zone cover pressure returns.
Connecticut regulator flags auto and home rate cuts from major insurers ↗
Rainfall flooding drives Europe’s losses beyond river hotspots ↗
Flood Re has been doing some important research - tape v sandbags ↗
Credeq wins Lloyd’s in-principle approval for Syndicate 1998 ↗
Ex-Commissioner Urges Accelerated Enrollment Into Rivers Health Insurance Scheme ↗
Australian firms face growing outage losses their insurance may not cover ↗
Allianz Commercial claims data suggest many Australian business policies lag behind costly outages starting outside firms.
Top Insurtech Headlines | Oct 12 – Oct 18, 2026 ↗
Weekly insurtech roundup including CCC's $6.1bn takeover by a GTCR-led consortium and a $200M Allied Trust deal.
Zurich Insurance Completes Acquisition of Beazley, Names New Beazley CEO ↗
Zurich has completed its acquisition of Beazley and named a new Beazley CEO.
Anchor Insurance takes digital route to expand coverage ↗
Anchor Insurance is using digital channels to widen its coverage.
NIA warns insurers after N1.08tn recapitalisation exercise ↗
Riyadh attacks test aviation insurers’ appetite for Middle East risk ↗
Houthi attacks on Riyadh's airport destroy six aircraft, prompting aviation insurers to weigh war-risk cover.
Warning to Brokers: Embedded Distribution and Direct Writing - Janus Assurance Re ↗
HCF: mental health claims pushing gold cover to breaking point ↗
Also: afr.com
Car insurance premiums: why motor claims costs keep climbing in Australia ↗
Double-digit motor renewals in Australia spark debate: insurers cite repair costs, the regulator points to renewal letters.
The intermediaries breached internal controls by helping customers falsely declare who purchased their bank drafts. ↗
The firm is broadening its offshore reinsurance activities while maintaining strict controls on disaster exposure. ↗
What 200+ Applications From 25 Countries Tell Us About Insurtech ↗
InsurTech Match 2026 drew 200+ applications from 25 countries; 50 companies were selected across claims, underwriting and more.
State Insurance Commissioner Urges N.C. Residents To Look Into Medicare Plans ↗
North Carolina's insurance commissioner urges residents to review Medicare plan options.
Health insurance is the sleeper midterms issue: Why premiums are spiking ↗
The Hill reports rising health insurance premiums are emerging as an under-noticed issue in the midterm elections.
New Mexico insurance officials approve nearly 20% average rate hike for small group plans | Searchlight New Mexico ↗
New Mexico insurance officials approve an average rate increase of nearly 20% for small group health plans.
Breaking Bot ↗
BMA exposes car scam: Financed cars being sold abroad and reported as stolen for insurance ↗
Authorities say financed cars are being sold abroad and falsely reported stolen to claim insurance.
Most AI risk is neither clearly insured nor excluded ↗
Banks weigh income impact of Irdai's proposed insurance commission caps ↗
Banks are assessing how IRDAI's proposed caps on insurance commissions would affect their income.
More capital alone won't keep growing risks insurable; stronger mitigation needed, Swiss Re says ↗
Swiss Re says more capital alone cannot keep growing risks insurable without stronger mitigation.
Available capacity does not settle the frequency-loss debate, says Axa XL's Romagne ↗
MGT brings products to ChatGPT and Claude ↗
MGT says its products are now accessible in ChatGPT and Claude through a Model Context Protocol integration.
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