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The cuts, which they expect to take the forms of severance agreements, early retirements and similar options, will amount to between 1,500 to 1,800 positions across Europe, the unit's chief executive officer Tomas Kunzmann said at an event late Tuesday in Munich.

Oklahoma's attorney general sued Allstate Corp., alleging the insurer schemed to minimize payouts to homeowners for wind and hailstorm damage in order to boost its profits.

To get the best results from AI, insurance companies must first address the structural problems that create friction within their processes, writes Earl Shaw, CIO of Renaissance.

New Zealand's flood-prone homes are outperforming the rest of the country's housing market

There were about 70 funding events in the insurtech sector in June 2026.

A survey of insurance leaders and other professionals finds that 29% of U.S. businesses experienced at least one AI-enabled cyber incident in the past year.

The insurers of the Nord Stream pipelines don't have to pay €580 million ($662 million) after a judge ruled that the sabotage of the pipes bringing Russian gas into Europe was the consequence of the war in Ukraine.

Travelers develops LLM and AIG hires global underwriting chiefs global chief underwriting officer, plus more news.

Young shares the story of his company and his vision for the future of the insurance industry and the impact of AI.

AI is reshaping the workforce, but not in the ways people expected; recent data shows that the companies investing the most in AI are actually increasing their headcount, including among junior staff.