IFRS 18 to Transform Insurance Financial Statements and Disclosure Requirements

IFRS 18 introduces new financial statement presentation and disclosure requirements for insurance companies, including operating profit subtotals and management-defined performance measures, effective 2027.

Federal Government Shutdown Halts Flood Insurance, Threatening Hampton Roads Real Estate

The federal shutdown pauses the National Flood Insurance Program, disrupting home sales in flood-prone Hampton Roads and raising financial risks.

U.S. Workers' Compensation Insurance Maintains Profitability Amid Rate Reductions

Explore how U.S. workers' compensation insurance sustains strong profitability despite rate declines and economic challenges, impacting the property/casualty sector.

Pet Insurance Market Analysis: Top Affordable Providers in Alabama 2025

Explore the 2025 landscape of pet insurance in Alabama with a focus on affordability, coverage, and top providers like Pets Best, ASPCA, and Spot. Understand key factors influencing rates and policy choices in the state.

Fifth Circuit Upholds Digital Cancellation of Financed Auto Policies in Louisiana

The Fifth Circuit affirms GoAuto's electronic cancellation process for financed auto insurance policies, confirming compliance with Louisiana law and clarifying insurer responsibilities.

ADAS Technology to Reduce Auto Insurance Loss Costs by Up to 3% by 2030

Evercore ISI reports that Advanced Driver-Assistance Systems (ADAS) could lower U.S. auto insurance loss cost trends by 1-3% by 2030, driven by reduced claim frequencies and evolving claim severities.

Expert.ai's Hybrid AI Drives Transformation in Insurance Underwriting and Claims

Explore how Expert.ai's hybrid AI solutions are transforming insurance underwriting, claims processing, and policy servicing with increased accuracy and efficiency.

SiriusPoint Sells Arcadian Stake to Lee Equity for $139M with Capacity Deal

SiriusPoint sells 49% stake in Arcadian Risk Capital to Lee Equity for $139M; deal includes extended capacity agreement through 2031, boosting specialty underwriting platform.

SiriusPoint Sells Bermuda-Based MGA Arcadian to Lee Equity Partners for $139M

SiriusPoint sells its stake in Bermuda-based MGA Arcadian to Lee Equity Partners for $139 million, signaling strategic asset optimization in reinsurance and property/casualty sectors.

Singlife's PROPEL Onboards 1,300+ Advisers, Boosts Platform Performance

Singlife's PROPEL platform has onboarded over 1,300 financial advisers within nine months, improving performance and client support for advisory firms through enhanced digital and back-office services.