Markets/Coverages: Munich Re Launches Pandemic Consortium via Lloyd’s Market
Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd’s market initiative which will be focused on offering parametrically triggered catastrophic communicable disease insurance. The consortium will offer a proactive emerging risk transfer solution …
POSTED FEBRUARY 03, 2026 11:49 AM |
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming For Debt Markets
More than $3 trillion. That’s the staggering price tag to build the data centers needed to prepare for the artificial intelligence boom. Not even the world’s biggest technology companies—not Amazon.com, not Microsoft or Meta Platforms—are prepared to foot the bill …
POSTED FEBRUARY 03, 2026 10:45 AM |
Russian Captain Found Guilty Over Crew Member’s Death in US Tanker Crash
The Russian captain of a container ship that crashed into a U.S. tanker off the east coast of Britain in March last year was found guilty in a London court on Monday of causing the death of a crew member …
POSTED FEBRUARY 03, 2026 9:36 AM |
EU Body’s Advice on Toxin Limit in Baby Formula Prompts More Recalls
The European food safety body on Monday advised a maximum threshold for the cereulide toxin used in infant formula, prompting some French producers to withdraw additional products from the market. Cereulide, a toxin that can cause nausea and vomiting, has …
POSTED FEBRUARY 03, 2026 9:07 AM |
APCIA Hires Hanson to Lead National Advocacy and Coalition Strategy
The American Property Casualty Insurance Association (APCIA) announced the hiring of Meagan Myers Hanson as department vice president, advocacy, campaigns, and coalitions. Hanson will lead APCIA’s integrated advocacy campaigns, coordinate national and state-based coalitions, and shape messaging and engagement strategies …
POSTED FEBRUARY 03, 2026 8:05 AM |
Active Tornado Season Expected in the US
An active 2026 tornado season is expected for the Central Plains, with approximately 15% more tornadoes than the 20-year average, according to the Kansas Institute of Tornado Dynamics (KITD). Factors influencing this forecast include persistent La Niña conditions, warmer-than-average Gulf …
POSTED FEBRUARY 03, 2026 6:53 AM |
India Plans a $2.2 Billion Bet on Carbon Capture and Storage
India’s government proposed a 200 billion rupees ($2.2 billion) program to ramp up the deployment of carbon capture utilization and storage technology, to help mitigate the emissions of five heavily polluting sectors. The plan would target power, steel, cement, refineries …
POSTED FEBRUARY 03, 2026 6:10 AM |
Data Center Boom Offers Organic Growth Opportunities for Brokers Like Aon, Marsh
The global boom in the construction of data centers – driven by the growth of generative artificial intelligence (AI) and machine learning – is creating organic growth opportunities for major brokers such as Aon and Marsh. “Over the next five …
POSTED FEBRUARY 03, 2026 6:03 AM |
Carolinas Emerge as New Population Boom States With Affordability and Lifestyle
Move over Florida and Texas. The United States has new hot spots for growth, and they both have Carolina in their name. North Carolina last year attracted more new residents, 84,000 people, from other parts of the country than any …
POSTED FEBRUARY 03, 2026 6:02 AM |
Coverage A for Florida Surplus HO-3 Shows Mixed Bag in Premiums, Policy Count
Primary insurers in Florida aren’t the only ones reporting rate reductions for segments of the populace. Surplus lines also have seen premium decreases as well as significant policy count growth—at least for some slices of the market. The Florida Surplus …
POSTED FEBRUARY 03, 2026 6:01 AM |