These so-called hybrid threats include cyber intrusions, physical sabotage, and digital disinformation, often carried out through proxies or loosely affiliated criminal networks. In one high-profile incident, three British men were convicted last week of firebombing an aid storage facility in east London – an act the court linked to the Wagner Group, Russia’s notorious paramilitary outfit.
The company reported net written premiums of $11.5 billion for the quarter ending June 30, reflecting a 4% increase from the same period last year, according to a Reuters report. Demand for property and casualty insurance has remained resilient despite ongoing economic uncertainty, as both businesses and consumers continue to seek protection against financial risks and natural disasters.
“In Australia, the inability of managers to lead change has been a significant factor contributing to employee dissatisfaction, with manager quality the top reason employees left their employers over the past year,” said Neal Woolrich, Director, Advisory in the Gartner HR practice.
Founded by Daniel Prince, former CEO of Rethink Underwriting, the MGA aims to streamline follow-capacity placement through algorithmic models. Its launch partner, Artificial Labs, will provide the digital infrastructure, with the first risk placements expected later this year.
The figures underline the critical role of protection insurance in providing financial stability during periods of personal crisis. Individual life insurance, income protection and critical illness policies accounted for £5.32 billion of the total—up 10% on 2023. Notably, this increase came despite the number of individual claims holding steady at 275,000, suggesting that the average claim size has risen sharply. The average individual payout climbed by 10% year-on-year, reaching £18,700.
Shipping Secretary T.K. Ramachandran recently confirmed the government’s intention to proceed with setting up the club, following a tender process to appoint consultants and a pending proposal to be submitted to the Union Cabinet. The club would be designed to insure third-party liabilities – including oil pollution, wreck removal, and cargo loss – traditionally covered by international P&I clubs, primarily the London-based International Group (IG), which dominates the global maritime liability space. He has appointed ACE Insurance Brokers Pvt Ltd to help assess launching India Club.
Some operators are already rethinking their logistics. Khanna said that rerouting is increasingly viewed as the prudent course. “The option remains, obviously, to go around the Cape of Good Hope and avoid the Red Sea area altogether,” he said. “Which I think in many cases, they should start thinking about, not just the vessel owners, but also the cargo owners.”
Erin Patterson, a 50-year-old woman from Leongatha, Victoria, was convicted in July 2025 of the murder of her former parents-in-law, Don and Gail Patterson, both aged 70, and Gail’s sister, Heather Wilkinson, 66. She was also found guilty of the attempted murder of Reverend Ian Wilkinson, Heather’s husband, following a fatal lunch in July 2023 in which she served a beef Wellington dish laced with death cap mushrooms (Amanita phalloides), one of the most lethal fungi known.
Less than 48 hours later, another Greek-operated cargo ship, the Eternity C, was struck by rocket-propelled grenades and maritime drones, killing at least four crew members, injuring others, and prompting a wide-scale search-and-rescue operation. The group also claimed to have taken some surviving crew members into “custody”.
In today’s fast-evolving business environment, corporate responsibility is no longer a question of compliance – it’s about contribution. With Environmental, Social and Governance (ESG) expectations rising across all sectors, insurance brokers and carriers are uniquely positioned to influence real, measurable change. Their trusted, long-term relationships with clients, combined with their central role in underwriting risk and allocating investment, give them a powerful platform to lead on responsible business practices.
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