Category

Insurance news

The deal is signed. The war isn’t over

Within 24 hours of Trump’s announcement, Iran signalled that ships could still face charges beyond the 60-day window – not “tolls” (a term with clear illegal implications under Article 17 of the Law of the Sea Treaty, which guarantees innocent passage) but “fees for services provided.” The distinction is, as one legal expert put it, “entirely semantic in commercial terms.” Meanwhile, Israel has not stopped attacking Lebanon. The 2026 Lebanon war continues even as Israeli and Lebanese officials hold Washington talks – with Israeli forces conducting strikes near Beirut as recently as 3 June, and another proposed ceasefire on 1 June already under strain. And Iran has yet to publicly confirm the US version of the MOU text, with a physical copy of the document yet to be released by Tehran.

Source

Court rejects AXA’s bid to call injured driver fundamentally dishonest

The case goes back to a road accident on July 11, 2018, on a residential street in Barnoldswick. David Maher was standing beside his parked work van, door partly open, when a pickup driven by AXA’s insured, Mr Grogan, came down the street and trapped him between the van and the vehicle. The trial judge found Grogan caused the crash, and that was never in dispute on appeal. 

Source

Construction faces compounding risks ahead of 2030, report warns

The report, Beyond 2030: The Future of Construction, draws on structured interviews with 31 industry experts and a survey of 19 participants conducted between December 2025 and March 2026. It identifies extreme weather and natural disasters, financial market vulnerabilities, and labour market dynamics as the three most severe risks facing the construction sector over the next five years, ranked on a seven-point severity scale at 6.2, 5.7, and 5.6, respectively.

Source

Brown & Brown joins NI Chamber patron network

NI Chamber has an active membership of more than 1,000 businesses operating across Northern Ireland in every sector of the economy, collectively employing over 125,000 people. Its patron network includes some of the region’s most prominent employers and institutions, among them Belfast Harbour, Queen’s University Belfast, PwC, Randox and Ulster Bank.

Source

Online safety push is creating an insurance problem

The consequence is that policies built around defamation, privacy or user-generated content may not respond at all. Coverage disputes, Amin argues, will instead move toward product liability triggers, aggregation questions, and whether harm is occurrence-based or the result of systemic design choices.

Source

The biggest risk on a farm is often the farmer themselves

Battery storage is, in his assessment, the most significant near-term problem. The technology is relatively new, claims data is limited, and nervousness among underwriters is translating into declining or restrictive terms. Methane capture, where farms capture and process methane from slurry, presents what Tate-Smith believes will be a major challenge within the next decade.

Source

HSB taps former DAS UK chief to lead its UK and Ireland operations

Commenting on his appointment, Burke said: “As a specialist insurer, HSB is uniquely placed to capitalise on the significant opportunities that exist by providing value-added expertise and knowledge to support our customers. I’ve been immediately struck by the passion HSB’s employees have for our business and their commitment to building on our success.”

Source

Chelsea co-owner’s insurance company plummets in value

Taking on specialist insurance sector

Accelerant is seeking to expand in the specialist insurance sector, which covers risks ranging from property damage to cyberattacks. That business is dominated by Lloyd’s of London, which wrote £55.5 billion in premiums last year. Accelerant reported $3.8 billion in exchange written premium in the 12 months to June, up 53% from the prior year.

Source

contact us