Insurers and risk managers are monitoring the impact of a united states Supreme Court decision that curtailed the former Trump administration’s use of the International Emergency Economic Powers Act to impose tariffs. The ruling invalidated tariffs imposed under IEEPA, narrowing presidential authority over trade measures and clarifying the legal basis required for future duties. Global businesses that rely on cross-border supply chains are reassessing tariff exposure and political risk, with implications for trade credit and political risk insurance buyers as the balance of power over trade policy shifts away from unilateral executive action.
Global insurer Generali is investing in generative Artificial Intelligence to address long standing challenges in multinational coverage. Its new GlobalTracer initiative is designed to reduce coverage gaps in cross-border insurance programs, an area where inconsistent local wordings, fragmented data and slow manual processes have historically created friction for global clients. The tool is positioned to help risk managers and brokers gain clearer visibility across territories, enhance program compliance and improve service consistency, highlighting how Artificial Intelligence driven systems are moving from back office experimentation into front line underwriting and policy management.
Trade credit specialist Coface is facing a more competitive and normalized claims environment that has pushed profitability lower and raised its combined ratio. Coface profit slides 15% as claims normalize and competition intensifies, and its combined ratio rises to 73.1% amid higher loss costs, signaling that post pandemic tailwinds in credit quality are easing. At the same time, insurers more broadly are reassessing capital structure and balance sheet strategies under economic headwinds, which is feeding through to risk appetite and pricing. In the London market, initiatives such as IUA Futures are targeting practitioners with zero-to-five years’ experience to address early career gaps created by hybrid working patterns, while firms like New Dawn Risk are modernizing technology so brokers can spend more time on client relationships.
