Reinsurance News
Porch Group’s Insurance Services segment drives 29% revenue increase for Q1’26
29th April 2026
Porch Group, a homeowners insurance and vertical software platform, reveals that its first quarter 2026 financial results have exceeded expectations, reporting shareholder interest revenue of $109.4 million, a 29% increase compared to the same period last year. This growth was primarily driven by the Insurance Services segment, which saw its revenue ... Read the full article
Munich Re AGM approves €24 dividend, CEO cites ‘excellent financial condition’
29th April 2026
At global reinsurer Munich Re's Annual General Meeting (AGM), the above consensus dividend proposal of €24 per share for 2025 was approved, as CEO and Chair of the Board of Management, Christoph Jurecka, noted the company's "excellent financial position" after a record high net result of €6.1 billion in ... Read the full article
Descartes names Oliver Wyman’s Jean Hermelin as Chief Strategy Officer
29th April 2026
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has appointed Jean Hermelin to the newly created role of Chief Strategy Officer. At Descartes, Hermelin will report to Tanguy Touffut, Chief Executive Officer (CEO) and Co-founder, and join the firm's Executive Committee. He is tasked with leading ... Read the full article
Lemonade’s Q1’26 revenue increases 71% as net loss narrows
29th April 2026
Lemonade, an AI-powered digital insurance company, has announced its financial results for the first quarter of 2026, reporting $258 million in revenue, a 71% increase compared to the same period last year. The revenue increase was attributed to a rise in gross earned premium and higher premium retention rate due to ... Read the full article
New Dawn Risk introduces specialist cyber insurance solution focused on US healthcare privacy risks
29th April 2026
New Dawn Risk, a specialist Lloyd’s broker operating in the cyber and specialty insurance market, has introduced a new cyber insurance product aimed at healthcare, life sciences and pharmaceutical organisations across the United States. New Dawn Risk states that the development is intended to respond to the increasing privacy and regulatory ... Read the full article
Aon identifies gap between AI ambition and workforce investment in Human Capital Trends Study
29th April 2026
Aon, a global professional services firm, has released its first Human Capital Trends Study, highlighting what it describes as a gap at the core of enterprise AI strategies. Aon indicates that while organisations widely accept that people will determine the success of AI, investment in workforce strategies is not keeping pace. Aon ... Read the full article
The Fidelis Partnership names David Woods as Ireland CEO
29th April 2026
The Fidelis Partnership (TFP), a specialty insurance and reinsurance group, has announced the appointment of David Woods as Ireland CEO, effective 1st July 2026. Rob Kelly, TFP’s current Ireland CEO, will transition to the role of Group Director of Finance, further strengthening the group’s finance function. Meanwhile, Grahame Dawe, currently Group ... Read the full article
ACORD names Tim Ellis as UK Managing Director, outlines expansion of advisory services
29th April 2026
ACORD, the global standards-setting body for the insurance industry, has announced the appointment of Tim Ellis as Managing Director – UK. The organisation develops data standards to support consistent and efficient information exchange across insurance markets, and says Ellis will focus on advancing the uptake and evolution of ACORD Data Standards ... Read the full article
Slide’s net income rises 51% and CoR improves in Q1’26
29th April 2026
Slide Insurance Holdings, Inc., the technology-enabled insurer, has reported a net income of $139.5 million for the first quarter of 2026, up 50.8% compared to $92.5 million in the same period a year earlier. In Q1’26, gross premiums written increased 49.1% to $414.8 million, compared to $278.2 million in Q1’25, driven ... Read the full article
PRA consults on funded reinsurance capital reform for UK insurers
29th April 2026
The Bank of England, through its Prudential Regulation Authority (PRA), has issued a consultation on changes to how funded reinsurance is treated under UK insurance capital rules. The consultation proposes bringing funded reinsurance more closely in line with the capital treatment applied to other types of investments held by UK life ... Read the full article
Zurich UK appoints Mark McCausland as Chief Operating Officer
29th April 2026
The UK arm of global insurer Zurich has announced the appointment of Mark McCausland as its new Chief Operating Officer. In his new role, McCausland will help drive strategic initiatives, enhance the market experience, and support the responsible adoption of new technologies. He brings more than 30 years of insurance industry experience, ... Read the full article
Markel Insurance reports improved CoR of 93% for Q1’26
29th April 2026
Markel Group has reported that its insurance business, Markel Insurance, recorded an improved combined ratio of 93% for the first quarter of 2026, which includes two points of net losses attributed to the Middle East conflict, compared to 96% in Q1’25. The insurer has reported a decrease of 21% in gross ... Read the full article
Duck Creek introduces insurance-focused Agentic AI Platform with new underwriting and claims tools
29th April 2026
Duck Creek Technologies, a provider of software for the property and casualty insurance industry, has introduced its insurance-native Agentic AI Platform, designed to allow insurers to build, manage and oversee AI agents across the insurance lifecycle. At the same time, Duck Creek Technologies has introduced two early applications built on the ... Read the full article
Report suggests that rapid warming in Europe poses growing risks for re/insurers
29th April 2026
Europe is warming faster than any other continent, according to the 2025 European State of the Climate (ESOTC) report, which findings also show a continuing trend of rapid warming across the coldest regions. The report, published jointly by the European Centre for Medium-Range Weather Forecasts (ECMWF) and the World Meteorological Organization ... Read the full article
Mapfre Re’s net result rises 77% to €85m in Q1’26
29th April 2026
Mapfre Re, the reinsurance and global risks arm of Madrid-based insurer Mapfre, has reported a net result of €85 million for the first quarter of 2026, up 76.8% compared to the same period a year earlier, with an improved combined ratio of 96.8%. Mapfre Re attributed the improved results to prudent ... Read the full article
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