Insurance
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Copart (CPRT) Q4 Earnings Call: Global unit sales down 2.9%, but international business grew 10%; total loss frequency hit a record high of 23.3%, and average collision severity increased by 8.8% year-over-year.
Copart management stated on the Q4 FY2026 earnings call that the company's global unit sales decreased by 2.9%, with a 5.7% decline domestically in the US and a 10% increase internationally. Global in
-
UK-based MNK Group completes acquisition of Danish non-life insurer ETU Forsikring
UK-based MNK Group has completed the acquisition of 100% of ETU Forsikring, a Danish non-life insurer, marking MNK Group's first risk carrier domiciled in the EU. The deal followed approval from the D
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U.S. Senator Elizabeth Warren urges insurance regulators to explain how they oversee the influence of Wall Street firms on insurers.
U.S. Senator Elizabeth Warren is urging the National Association of Insurance Commissioners (NAIC) to explain how it regulates the influence of Wall Street firms on insurers and their private credit i
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Baron Generational Growth Fund analysis indicates that the flattening of premiums in the property and casualty insurance market led to a 13.71% decline in the share price of U.S. insurer Kinsale Capital Group (KNSL) over the past year.
Baron Generational Growth Fund noted in its Q2 2026 investor letter that the "softening" property and casualty insurance market, leading to flat or declining premium prices, has impacted the valuation
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HKMCA Partners with Chow Tai Fook Life Insurance, Expanding Referral Network to Three Insurers
HKMCA Partners with Chow Tai Fook Life Insurance, Expanding Referral Network to Three Insurers
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SGA U.S. Large Cap Growth Strategy Liquidated Its Position in Aon plc (AON) in Q2 2026, Citing Softer Insurance Pricing
SGA U.S. Large Cap Growth Strategy Liquidated Its Position in Aon plc (AON) in Q2 2026, Citing Softer Insurance Pricing
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Swiss Re Forecasts Global Data Center Insurance Premiums to Reach $20-$30 Billion Annually by 2030
Reinsurer Swiss Re, in a report this month, projected that the global premiums for insuring data centers will likely hit $20 billion to $30 billion per year by 2030, driven by the $1 trillion race to
-
Samsung Insurers Reportedly Eye W9tn ($6.6bn) UK/US Deals
Samsung's two insurance arms, Samsung Fire & Marine Insurance and Samsung Life Insurance, are reportedly considering overseas acquisitions potentially worth up to 9 trillion won ($6.6 billion) in the
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FPA Queens Road Small Cap Value Fund highlights RLI Corp. in Q2 2026 investor letter, citing strong performance and adding to its position
In its second-quarter 2026 investor letter, First Pacific Advisors' FPA Queens Road Small Cap Value Fund praised specialty insurer RLI Corp. (NYSE:RLI) for its selective business approach, diversified
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Disasters to cost world $450bn a year from climate change and development, FT reports
According to the Financial Times, more than half of these losses are not covered by insurance, as carriers are increasingly carving out risk and cutting exposure.
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Marsh unveils $10bn property insurance exchange for digital infrastructure risks
Marsh has introduced a property insurance exchange aimed at covering the operational risks linked to digital infrastructure projects including data centres and related critical support systems. Called
-
Fosun International rebounds to stronger H1 profitability, shifts focus to pharmaceuticals, insurance, and tourism
The group's improved performance follows a clean-up of its property portfolio and was aided by the absence of heavy impairments that affected 2025 earnings. Chairman Guo Guangchang stated on Thursday
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Prudential announces US$300M share buy-back, reports 8% H1 new business profit growth
British insurer Prudential announced a US$300 million share buy-back, to be completed by December. The company also reported an 8% increase in new business profit for the first half of the year, a slo
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Orbis Investment Management, in its Q2 investor letter, noted that insurance brokerage firm Brown & Brown (BRO) was mistakenly perceived by the market as a victim of the AI shock.
Orbis Global Equity Strategy, under Orbis Investment Management, stated in its Q2 2026 investor letter that AI's impact on Brown & Brown's (BRO) core commercial and professional insurance businesses i
-
State Farm, the largest auto insurer in the United States, will return $5 billion to auto policyholders.
State Farm announced it will return $5 billion to auto policyholders through a one-time dividend and will lower auto insurance rates in multiple states. As a mutual company, State Farm's underwriting
-
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
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Monetary Authority of Singapore's Daniel Wang: Life and health insurance claims reached S$5.79 billion in Q1 2026, while general insurance claims totaled S$1.8 billion.
Daniel Wang, Executive Director of the Insurance Department at the Monetary Authority of Singapore (MAS), stated at the Singapore College of Insurance's 2026 Graduation Ceremony that Singaporean life
-
Insurance brokerage giant Marsh & McLennan plans to use AI to boost productivity and centralize operations to achieve efficiency and cost savings
Marsh & McLennan Companies, Inc. (NYSE:MRSH), the world’s largest insurance brokerage and risk management firm, is planning to boost productivity through the use of artificial intelligence (AI) and to
-
Copart (CPRT) Q4 Earnings Call: Global unit sales down 2.9%, but international business grew 10%; total loss frequency hit a record high of 23.3%, and average collision severity increased by 8.8% year-over-year.
Copart management stated on the Q4 FY2026 earnings call that the company's global unit sales decreased by 2.9%, with a 5.7% decline domestically in the US and a 10% increase internationally. Global in
-
UK-based MNK Group completes acquisition of Danish non-life insurer ETU Forsikring
UK-based MNK Group has completed the acquisition of 100% of ETU Forsikring, a Danish non-life insurer, marking MNK Group's first risk carrier domiciled in the EU. The deal followed approval from the D
-
U.S. Senator Elizabeth Warren urges insurance regulators to explain how they oversee the influence of Wall Street firms on insurers.
U.S. Senator Elizabeth Warren is urging the National Association of Insurance Commissioners (NAIC) to explain how it regulates the influence of Wall Street firms on insurers and their private credit i
-
Baron Generational Growth Fund analysis indicates that the flattening of premiums in the property and casualty insurance market led to a 13.71% decline in the share price of U.S. insurer Kinsale Capital Group (KNSL) over the past year.
Baron Generational Growth Fund noted in its Q2 2026 investor letter that the "softening" property and casualty insurance market, leading to flat or declining premium prices, has impacted the valuation
-
HKMCA Partners with Chow Tai Fook Life Insurance, Expanding Referral Network to Three Insurers
HKMCA Partners with Chow Tai Fook Life Insurance, Expanding Referral Network to Three Insurers
-
SGA U.S. Large Cap Growth Strategy Liquidated Its Position in Aon plc (AON) in Q2 2026, Citing Softer Insurance Pricing
SGA U.S. Large Cap Growth Strategy Liquidated Its Position in Aon plc (AON) in Q2 2026, Citing Softer Insurance Pricing
-
Swiss Re Forecasts Global Data Center Insurance Premiums to Reach $20-$30 Billion Annually by 2030
Reinsurer Swiss Re, in a report this month, projected that the global premiums for insuring data centers will likely hit $20 billion to $30 billion per year by 2030, driven by the $1 trillion race to
-
Samsung Insurers Reportedly Eye W9tn ($6.6bn) UK/US Deals
Samsung's two insurance arms, Samsung Fire & Marine Insurance and Samsung Life Insurance, are reportedly considering overseas acquisitions potentially worth up to 9 trillion won ($6.6 billion) in the
-
FPA Queens Road Small Cap Value Fund highlights RLI Corp. in Q2 2026 investor letter, citing strong performance and adding to its position
In its second-quarter 2026 investor letter, First Pacific Advisors' FPA Queens Road Small Cap Value Fund praised specialty insurer RLI Corp. (NYSE:RLI) for its selective business approach, diversified
-
Disasters to cost world $450bn a year from climate change and development, FT reports
According to the Financial Times, more than half of these losses are not covered by insurance, as carriers are increasingly carving out risk and cutting exposure.
-
Marsh unveils $10bn property insurance exchange for digital infrastructure risks
Marsh has introduced a property insurance exchange aimed at covering the operational risks linked to digital infrastructure projects including data centres and related critical support systems. Called
-
Fosun International rebounds to stronger H1 profitability, shifts focus to pharmaceuticals, insurance, and tourism
The group's improved performance follows a clean-up of its property portfolio and was aided by the absence of heavy impairments that affected 2025 earnings. Chairman Guo Guangchang stated on Thursday
-
Prudential announces US$300M share buy-back, reports 8% H1 new business profit growth
British insurer Prudential announced a US$300 million share buy-back, to be completed by December. The company also reported an 8% increase in new business profit for the first half of the year, a slo
-
Orbis Investment Management, in its Q2 investor letter, noted that insurance brokerage firm Brown & Brown (BRO) was mistakenly perceived by the market as a victim of the AI shock.
Orbis Global Equity Strategy, under Orbis Investment Management, stated in its Q2 2026 investor letter that AI's impact on Brown & Brown's (BRO) core commercial and professional insurance businesses i
-
State Farm, the largest auto insurer in the United States, will return $5 billion to auto policyholders.
State Farm announced it will return $5 billion to auto policyholders through a one-time dividend and will lower auto insurance rates in multiple states. As a mutual company, State Farm's underwriting
-
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market
-
Monetary Authority of Singapore's Daniel Wang: Life and health insurance claims reached S$5.79 billion in Q1 2026, while general insurance claims totaled S$1.8 billion.
Daniel Wang, Executive Director of the Insurance Department at the Monetary Authority of Singapore (MAS), stated at the Singapore College of Insurance's 2026 Graduation Ceremony that Singaporean life
-
Insurance brokerage giant Marsh & McLennan plans to use AI to boost productivity and centralize operations to achieve efficiency and cost savings
Marsh & McLennan Companies, Inc. (NYSE:MRSH), the world’s largest insurance brokerage and risk management firm, is planning to boost productivity through the use of artificial intelligence (AI) and to
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Insurance
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