Reinsurance News
Selective capacity deployment enables Everest to ‘defy the gravity’ of where the market is heading: CEO
31st July 2026
Jim Williamson, President and CEO of Bermuda-based re/insurer Everest Group, Ltd., said its selective approach to deploying property catastrophe capacity has allowed it to defy the gravity of where the market is heading, with the firm achieving a more favourable risk-adjusted rate decline than the wider market at the mid-year ... Read the full article
Aon expects July Japan earthquake to result in lower losses than 2016 Kumamoto quake
31st July 2026
Aon initially expects the earthquake that struck Kumamoto Prefecture and the island of Kyushu in southern Japan on 28 July to result in relatively lower losses than the devastating 2016 Kumamoto earthquakes, which caused $53 billion in economic and $7.7 billion in insured losses. In its Weekly Cat Report, the re/insurance ... Read the full article
AXA XL Re’s premiums down 9% for H1’26 as segment navigates softer market
31st July 2026
AXA XL Reinsurance, the reinsurance arm of French insurer AXA's property, casualty and specialty risk division, reported gross written premiums and other revenues of €1.8 billion for the first half of 2026, down 9% year on year, reflecting lower volumes as the firm maintained its focus on profitability in a ... Read the full article
Brit Re drives group premium growth in H1’26 as third-party reinsurance platform expands
31st July 2026
Brit has disclosed that its insurance premiums written increased by 4.4% to $1.77 billion in the first half of 2026, with growth predominantly driven by Brit Re, reflecting the continued expansion of the group's third-party reinsurance platform. As a reminder, in January, Brit Re commenced writing Property D&F, writing US and ... Read the full article
Fairfax’s P&C operating income grows driven by underwriting profit
31st July 2026
Fairfax Financial Holdings Limited’s property and casualty (P&C) insurance and reinsurance operations posted an adjusted operating income of USD 1.11 billion for Q2'26, up slightly from USD 1.13 billion in Q2’25, the same was USD 2.32 billion for H1’26, compared with USD 1.82 billion in H1’25. This growth has been attributed ... Read the full article
Run-off deal volumes fall in H1 2026 despite steady underlying demand: PwC
31st July 2026
PwC has published its half-year review of the non-life insurance run-off market, reporting that only two run-off transactions were made public during the second quarter, with combined gross liabilities of roughly $50 million changing hands, a noticeably quieter period than the first quarter, when PwC recorded 11 disclosed deals involving ... Read the full article
July US SCS outbreak could be among costliest severe weather events in US history, says Aon
31st July 2026
The latest Aon Weekly Cat report warns that the substantial severe weather outbreak in July, which affected the Midwest and resulted in additional storms impacting the eastern US, could rank near or among the top 10 costliest severe weather events in US history. According to the broker, the outbreak will likely ... Read the full article
Gallagher Re appoints Hans Groot as Executive Director, EMEA
31st July 2026
Gallagher Re, the global reinsurance broking and advisory business of Arthur J. Gallagher & Co., has announced the appointment of Hans Groot as Executive Director, EMEA, effective 3 August 2026. In his new role, Groot will work with the local team to develop new business opportunities in the Netherlands and across ... Read the full article
Marsh provides risk and insurance services for Meta’s Texas AI data centre project
31st July 2026
Marsh, the global insurance broker and risk advisory business, has provided Meta with project risk analysis and insurance services for a new data centre development in Texas, supporting the technology company’s continued expansion of its AI infrastructure. The work relates to Meta’s planned data centre campus in El Paso, Texas, which ... Read the full article
Banyan Risk launches insurance product for digital asset and emerging risk sector
31st July 2026
Banyan Risk Ltd, a Bermuda-based specialty Managing General Agent (MGA), has announced the launch of a new Digital Assets & Emerging Risks product. The line will be underwritten through Banyan’s platform in Bermuda, with capacity provided through QBE Lloyd’s Syndicate 1886 and other Lloyd’s participation. It will provide specialist insurance solutions for ... Read the full article
Bajaj Finserv Board approves plan to enter reinsurance business
31st July 2026
Bajaj Finserv, an Indian non-banking financial company providing financial services across insurance, fintech, health and asset management, has announced that its board has approved a proposal to establish a reinsurance company. The company currently operates general and life insurance businesses, alongside a range of financial technology, healthcare and asset management initiatives. Bajaj ... Read the full article
Ryan Specialty reports 7.2% revenue growth in Q2’26
31st July 2026
Ryan Specialty, an international specialty insurance distribution firm, has reported total revenue of $916.6 million for the second quarter of 2026, an increase of 7.2% from $855.2 million in the same period last year. According to the company, growth was supported primarily by organic revenue growth of 6.7% during the quarter, ... Read the full article
Hippo’s Q2’26 net income rises to $10m, GWP up 62% with improved CoR
31st July 2026
Hippo, a technology-native insurance group, has announced its financial results for the second quarter of 2026, reporting a net income of $10 million, a gross premium written (GWP) increase of 61.5%, and an improved combined ratio of 95.8%. Q2 2026 net income compares to $1 million reported in Q2 2025. According ... Read the full article
Moede to succeed Goodwin as President of Berkley Risk
31st July 2026
Insurance holding company W. R. Berkley Corporation has announced the appointment of Christopher L. Moede as President of Berkley Risk. He will be succeeding John (Jack) M. Goodwin, who has been named chairman of the business. The appointments are effective immediately. Moede brings over two decades of effective leadership experience in the ... Read the full article
Gallagher posts revenue increase of 24% to $4bn for Q2’26
31st July 2026
Insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of USD 3.955 billion for the second quarter of 2026, compared to USD 3.2 billion in Q2’25, as the combined brokerage and risk management segments delivered 24% total revenue growth, including organic growth of 6%. Of the ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
