International
Viewpoint: Stable Operating Conditions Expected for European Insurers in 2026
Fitch Ratings' outlook for the EMEA insurance sector is "neutral" for 2026, as Fitch expects the underlying operational and business conditions to remain mostly unchanged, compared to those in 2025. ...
AI Companies’ Safety Practices Fail to Meet Global Standards: Study
The safety practices of major artificial intelligence companies, such as Anthropic, OpenAI, xAI and Meta, are "far short of emerging global standards," according to a new edition of Future of Life ...
Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of $70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest ...
Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates
Insured losses from Hurricane Melissa's strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk. The Category 5 hurricane ...
Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh
Global commercial insurance rates fell, on average, by 4 percent in the third quarter of 2025, repeating the 4 percent decline recorded in Q2 2025, according to the latest Global Insurance Market ...
Jewelry Stolen From Louvre Valued at 88 Million Euros, Paris Prosecutor Says
Thieves who staged a daring daylight heist at the Louvre museum in Paris made off with jewels worth an estimated 88 million euros ($102.63 million), Paris public prosecutor Laure Beccuau said on ...
China’s EV Boom Saddles its Auto Insurers With Chronic Losses
China's giant electric vehicle insurance market is flailing. Losses are piling up, as companies' risk models haven't kept up with changes in vehicle economics and driver behaviors. The country now ...
UK Plans to Ban Public Sector Bodies From Paying Ransom to Cyber Criminals
Britain plans to ban public sector bodies and operators of critical national infrastructure, including the state-run health service, local councils and schools, from paying ransom demands to cyber ...