
Binance $6.3 Billion Hack Highlights Digital Asset Insurance Structures
The record crypto heist draws attention to how digital asset exchanges insure against theft and the limitations of coverage.
Insurance Journal · 17:20INSURANCE AND BANKING, CLEARLY EXPLAINED.
The latest developments shaping UK insurers, brokers, underwriting, claims and regulation.
Illustrative photograph: Colin / Wikimedia Commons · CC BY-SA. Not an event photograph.
Today’s insurance reports only · 30 October 2026. Earlier editions.

The record crypto heist draws attention to how digital asset exchanges insure against theft and the limitations of coverage.
Insurance Journal · 17:20Markel Group has agreed to a reinsurance runoff transaction with Enstar Group covering underwriting years 2025 and prior.
Insurance Journal · 16:24Hadron has named John Moffatt as International Chief Underwriting Officer, subject to regulatory approvals.
Reinsurance News · 16:24Markel Insurance CEO Simon Wilson notes that property insurance margins are narrowing amid low catastrophe activity and softer reinsurance conditions.
Reinsurance News · 13:32
Ryan Specialty reported third-quarter revenue growth of 4.7% as staff costs rose faster, reflecting a challenging market backdrop.
Insurance Business UK · 13:32Precautionary outages rather than confirmed breaches are driving early PHP2Shell losses, placing broker focus on policy wordings and waiting periods.
Insurance Business UK · 13:32Specialist cyber insurers are updating policy wordings to cover the personal trauma, counselling and temporary relocation costs faced by executives targeted in ransomware attacks.
Insurance Business UK · 11:41Businesses closing doors ahead of unrest face strict policy limits as standard property damage and business interruption wordings require physical damage or formal authority orders.
Insurance Business UK · 10:48
Aon has expanded its proprietary IBEX transaction insurance product to cover the UK and EEA, offering 100 days of true interim breach coverage.
Reinsurance News · 10:48Tokio Marine HCC International and Adrian Flux have introduced a specialist household insurance policy designed for domestic humanoid robots arriving in UK homes.
Reinsurance News · 10:48Insurance broker Gallagher reports an increase in UK workplace complaints resulting in attempted legal action.
Commercial Risk · 10:48Four firms announce senior leadership changes across specialist aviation broking, non-standard personal lines, retail financial services and asset servicing.
Insurance Business UK · 10:48
Data from ICISA shows insured trade volumes climbing to €9.58 trillion in 2025 despite coverage share slipping to 14%.
Insurance Business UK · 08:54HSBC is in preliminary talks with insurers to offload credit risk on data center project finance loans as AI infrastructure financing expands.
Insurance Journal · 08:00AM Best has assigned an FSR of A and a Long-Term ICR of “a+” to Ascot Insurance Guernsey Limited, with a stable outlook.
Reinsurance News · 06:54Arthur J. Gallagher & Co. posted 5% organic growth in the third quarter, contrasting with varying performances across major global brokerage rivals.
Insurance Business UK · 06:54
A massive cryptocurrency breach at Binance draws scrutiny to Lloyd's cyber war exclusions and specialist insurance capacity.
Insurance Business UK · 05:45Arthur J. Gallagher maintains organic growth during the third quarter as diversified revenue streams cushion the broker against softer commercial pricing.
Insurance Business UK · 05:45New research reveals that Colorado's prominent glaciers thinned at double their previous rate over the past year.
Insurance Journal · 05:45AXA reported a 3% rise in nine-month property and casualty premiums as growth in retail lines offset a deliberate contraction at AXA XL.
Insurance Business UK · 03:47
Hamilton Insurance Group reported a sharp fall in third-quarter underwriting profit as reserve strengthening related to the Ukraine conflict pushed its combined ratio up to 97.3%.
Insurance Business UK · 03:47MS Amlin has introduced an internal AI tool called Wordy Bot to cut reinsurance contract review times ahead of the January 1 renewals.
Insurance Business UK · 03:47Adrian Flux and Tokio Marine HCC International have launched what they describe as the UK's first home insurance policy for domestic humanoid robots.
Insurance Business UK · 03:47No reports match this topic today. .
Article photographs are illustrative, not pictures of the news events. Image credits: hozinja, Colin, Choinowski and Diego Delso, via Wikimedia Commons (CC BY / CC BY-SA).