QBE Group has agreed to divest its global trade and surety business to Swiss Re Corporate Solutions. QBE said the agreement did not include its French bonds business. The global trade and surety business operates across the UK and Australia Pacific and supports companies in managing the payment and performance risks attached to their accounts receivable income streams.

Managing general agent iSure, which is part of Rokstone, has launched a new excess layer professional indemnity facility. The facility offers A rated Lloyd’s capacity and enables iSure to provide total capacity of more than £5.5m across a range of professional risks. The excess layer facility deal builds on the primary layer capacity deal agreed with Great American International Insurance at the end of last year.

Specialist insurance provider CFC has launched a new marine kidnap and ransom solution aimed at offering greater protection for vessels and their crews facing renewed threats from maritime piracy.

Children with shortened life expectancies due to medical negligence can claim ‘lost years’ damages, overturning a 40-year-precedent. The 4-1 majority decision ensures that children are treated equally to adults in receiving compensation for net earnings they would have made, even without dependants.

The Chartered Insurance Institute has partnered with UK charity, Surviving Economic Abuse, to publish new guidance on economic abuse for general insurance providers.

Insurers paid out £6.1bn in property claims in 2025 – the highest annual total on record – according to the latest data from the ABI. In the final quarter alone, payouts reached £1.5bn, as adverse weather events continued to drive up claims costs.

Warranty and indemnity growth and adoption in 2025 is predicted to exceed the record-breaking levels recorded in 2024, according to the results of a study by broker and advisor HWF Partners. The study – based on data from 24 insurance and over 18,500 policies placed globally – suggests W&I has become an established mainstream product across Western Europe.

Ben Stokes, captain of the England cricket team will close this year’s BIBA Conference on Thursday 14 May. One of England’s highest profile cricketers, Stokes will reflect on his journey from young talent to England captain, sharing the mindset and leadership principles that have defined his career.

Zurich Insurance has been granted more time to determine whether it will make a formal offer to buy Beazley. Earlier this month, the firms reached an agreement in principle on key financial terms.

Specialist broker SEIB Insurance has teamed with equine reproduction firm Stallion AI Services to offer clients access to sport horse insurance with bespoke cover and discounts.

Digital broking and underwriting technology provider Artificial Labs has launched AgLabs, a new research and innovation arm which aims to harness agentic AI to meet the needs of clients in the specialty and commercial insurance sectors.

SiriusPoint has announced that its wholly owned subsidiary, International Medical Group, has acquired global travel insurance and lifestyle brand World Nomads. The acquisition expands IMG’s travel insurance distribution capabilities with World Nomads targeting a broad customer base of independent, lifestyle, and adventure travelers.

Generali has launched Generali Core Tech, a new group ‘software factory’ aimed at developing the technological transformation of the business by building scalable, shared platforms that support business growth.

Admiral Group has agreed to acquire digital commercial fleet insurance provider Flock for £80m in a deal that is subject to regulatory approval. Admiral said the acquisition would expand its product offering and enhance its existing capabilities across data and technology, distribution, pricing and claims, customer service and risk management.

Managing general agent BluNiche has launched a pharmaceutical recall insurance product that offers cover to pharmaceutical companies, contract manufacturers, contract packers, distributors and active pharmaceutical ingredient manufacturers operating worldwide. The product is backed by A+ (S&P) rated Lloyd’s security and provides cover for recall costs, loss of profits, and crisis consultancy services.

Managing general agent Euna has launched a new care sector recruitment insurance scheme. The packaged product offers a suite of covers to recruiters placing temporary staff into CQC-regulated care environments such as residential care homes, nursing homes and domiciliary care providers.