Insurance Fraud Costs $45 Billion per Year, and Honest Policyholders Often Pick Up the Tab | Insurify

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Fraud, inaccurate information, and misrepresentation cost the U.S. personal auto and homeowners insurance markets an estimated $45.3 billion annually, according to an analysis released by insurance risk-assessment company […]

Reinsurance buying up 85% in a decade, but concentration at the top eases

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Europe’s 30 biggest reinsurance buyers increased their spending by 85% over the past decade, with ceded premiums rising from €46.2 billion in 2016 to €85.6 billion in 2025, […]

Zhibao Labuan Re expands reinsurance operations across Hong Kong and Southeast Asia

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Zhibao Technology Inc., a China-based InsurTech company specialising in digital embedded insurance through its 2B2C business model, has announced further progress in the expansion of its wholly owned […]