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Articles for 02 July 2025
Daily Digest: Markel on energy market discipline, Cyber rates fall at 7/1, FCA extends non-financial misconduct rules
Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2025-07-02T18:40:17
CatIQ raises Quebec ice storm loss estimate to C$416m
Loss estimate covers both commercial and residential property and vehicle claims
Online Published Date: 2025-07-02T17:40:21
Gallagher Re hires Aon’s Muñoz to lead global fac
Broker hires industry veteran Pablo Muñoz to drive global facultative growth and strikes deal with Japanese fac partner
Online Published Date: 2025-07-02T17:40:21
What insurers need to know after changes in the construction industry
Renewed regulatory focus on health and safety risk management in the construction industry has implications for insurers
Online Published Date: 2025-07-02T17:40:20
Energy markets must focus on discipline and customer outcomes: Markel’s House
Markel International’s energy lead describes how insurers are navigating competing influences in a transitioning market
Online Published Date: 2025-07-02T15:40:10
FCA to extend non-financial misconduct rules
Regulations will now apply generally to insurers and non-banks
Online Published Date: 2025-07-02T13:40:09
LMA launches clause to aid sanctions compliance
New model clause provides re/insurers with clearer rights to request documentation mid-contract
Online Published Date: 2025-07-02T13:40:09
Cyber reinsurance rates fall at 7/1
Pricing on aggregate covers falls 15% to 20% amid excess reinsurance capacity and a slowdown in market's organic growth, according to Gallagher Re
Online Published Date: 2025-07-02T13:40:09
Allstate closes $1.25bn sale of group health business to Nationwide
US property/casualty giant continues divestment programme to focus on core lines of business
Online Published Date: 2025-07-02T11:40:10
Munich Re takes full possession of insurtech Next
German reinsurance giant acquires remaining shares in California-based insurtech
Online Published Date: 2025-07-02T09:40:10