International health insurance is the second most valued benefit for both HR decision-makers and international assignees (HR: 43%, IA: 54%), losing out to accommodation costs (HR: 45%, IA: 63%), according to AXA's report, titled 'World of Work: Global mobility on the move'.
AIG has appointed Mr Adam Clifford as CEO, International Commercial Insurance, effective 5 January 2026.
Half of the attendees at a Root Platform's Managing General Agents' Association (MGAA) market briefing, are still at the earliest stages of their digital/ and Application Programme Interface (API) transformation journey, according to the results of a live poll conducted at the briefing session.
Insured losses from natural catastrophes again surpass the $100bn mark in 2025 for the sixth consecutive year, according to a new report by Swiss Re Institute. This is mainly driven by the unprecedented LA wildfire loss record in the first quarter of 2025 and severe convective storms (SCS), which remain a major and persistent global loss driver. Overall, Swiss Re Institute estimates total insured losses in 2025 at $107bn, 24% lower than the $141bn recorded in 2024.
QBE Insurance Group announced that Mr Peter Wilson has made the decision to pursue an opportunity with another carrier.
Germany-based insurer Munich Re has unveiled its new multi-year strategy, focusing on profit growth and higher shareholder participation, the company said in a press release on 11 December.
Marine insurer The Standard Club Asia will cease writing insurance business from 20 February 2026 and enter run-off. It will also stop issuing any new or renewal policies from 9 December 2025, according to a press release from NorthStandard.
Japan-based insurer Mitsui Sumitomo Insurance (MSI) has acquired beneficial ownership of at least 12.5% of American insurer W. R. Berkley Corporation's (WRB) outstanding common stock, according to a WRB press release dated 5 December 2025.