AGP Executive Report
Last update: 4 hours agoHealth Coverage: US senators have opened an inquiry into 10 insurers’ role in terminating 760,000 ACA enrollees, as rising premiums add pressure on households. Catastrophe Risk: New Mexico lawmakers plan to require insurers to explain wildfire risk models and offer discounts for mitigation. In New Zealand, Tower Insurance’s CEO is urging new ways to fund climate-driven home relocations as premiums climb. Reinsurance & Capital: US and UK regulators are weighing tougher capital rules for some reinsurance deals. Fitch says Indonesia’s new equity and solvency requirements could spur capital raises and consolidation; 70% of rated insurers fall short of the 2028 threshold. Deals: Guidewire agreed to buy UK insurtech hyperexponential for up to $2.1 billion. Enstar will assume $2.3 billion of Markel’s legacy reserves under a $2.4 billion reinsurance deal. Earnings & Innovation: Aon’s third-quarter net income rose 4% and revenue increased 3%. AI insurance broker startup i23 raised $5.5 million in seed funding.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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