Reinsurance News
Brannigan Ong appointed Head of Reinsurance, Accident & Health at AIG
6th May 2026
American International Group, Inc., a global insurance and financial services organisation providing property and casualty insurance, life and retirement solutions, and a wide range of commercial and personal insurance products, has appointed Brannigan Ong as Head of Reinsurance, Accident & Health. In this role, Ong will oversee the Accident & Health ... Read the full article
Verisk integrates insurance analytics & gen AI with Anthropic’s Claude via MCP connectors
5th May 2026
Verisk, a global data analytics and technology provider to the insurance industry, has integrated its reliable insurance analytics and generative AI capabilities with artificial intelligence firm Anthropic's Claude Enterprise. This integration is facilitated by standardised Verisk Model Context Protocol (MCP) connectors, which enable insurance and property restoration professionals to access insights ... Read the full article
Bowhead Specialty reports 24% increase in GWP for Q1’26
5th May 2026
Bowhead Specialty has reported a 24% rise in gross written premiums to $216.7 million for Q1 2026, driven by a growing renewal portfolio and continued expansion across all divisions. The Casualty division led performance with premiums up 20.4% to $147.3 million, while Healthcare Liability increased 28% to $30.4 million, Professional Liability ... Read the full article
ADB issues inaugural catastrophe bonds for Kyrgyz Republic & Tajikistan
5th May 2026
The Asian Development Bank (ADB) has issued its first Disaster Relief Bond (DRB) offerings, also known as catastrophe bonds, with two transactions covering earthquake and extreme precipitation risks in Tajikistan and the Kyrgyz Republic. The DRBs will provide rapid and targeted financial support to both countries following severe earthquake or flood ... Read the full article
Lockton and ChAI form strategic partnership to address commodity market risk
5th May 2026
Lockton, a global independent insurance brokerage, has announced a strategic partnership with ChAI, an artificial intelligence-led specialist in commodity intelligence and raw material insurance, aimed at helping organisations better understand and manage risks linked to global commodity markets. The collaboration brings together Lockton’s international risk advisory and insurance expertise with ChAI’s ... Read the full article
CyberCube’s analytics platform Broking Manager new feature to support international cyber market growth
5th May 2026
CyberCube, a cyber risk analytics provider serving the insurance industry, has launched a new feature in its Broking Manager tool to support cyber market growth in Asia Pacific, the Middle East, and Latin America. Brokers will now be able to use the Regional Risk Transfer Benchmarking tool, which has been added ... Read the full article
Slide expands homeowners coverage to California at ‘critical time’ for state
5th May 2026
Slide Insurance Holdings, Inc. has expanded into California, launching a residential property excess and surplus (E&S) lines program and writing its first policy in the state. Slide observed that with its arrival, California homeowners and landlords will now benefit from the firm's expertise in underwriting catastrophe-exposed markets, supported by strong capitalisation ... Read the full article
Berkshire Hathaway flags cyber uncertainty and holds back on data centre cover
5th May 2026
Berkshire Hathaway, the US-based conglomerate with significant insurance and reinsurance operations, has underlined its cautious approach to emerging risk areas, with Vice Chairman of Insurance Operations Ajit Jain highlighting ongoing concerns around cyber underwriting and limited activity in the fast-growing data centre sector. On cyber, Ajit Jain said demand for cover ... Read the full article
The Baldwin Group’s total revenue rises 29% to $532.2m in Q1’26
5th May 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, has reported total revenues of $532.2 million for the first quarter of 2026, a 29% increase compared to $413.4 million in the prior-year period. The company reported that organic revenue increased 2% year over year. In Q1’26, The Baldwin Group posted a ... Read the full article
Aon report finds favourable conditions in early 2026 insurance market, alongside rising global risks
5th May 2026
Aon plc, a global professional services firm, has published its Q1 2026 Global Insurance Market Insights report, setting out its view on current conditions in the commercial insurance market. Aon reports that the year has begun with conditions that are generally supportive for buyers, including strong capacity, adaptable underwriting and competitive ... Read the full article
Compre remains flexible as appetite expands into prospective and capital solutions, says CUO Bardon
5th May 2026
Rachel Bardon, Chief Underwriting Officer (CUO) at international specialty reinsurance group Compre, said the company is expanding its appetite to include more prospective and capital-focused transactions as the legacy market continues to evolve, while remaining rooted in traditional legacy transactions. In an interview with Reinsurance News at Compre’s headquarters in Bermuda, ... Read the full article
Leaders reflect on market shifts at Swiss Re’s first Legacy Market Dialogue
5th May 2026
Global reinsurer Swiss Re’s inaugural Legacy Market Dialogue (LMD) brought together experts from across the expanding P&C legacy marketplace, to debate perspectives and reflect on the state of an increasingly complex and nuanced part of the risk transfer universe. Across February 10th and 11th in Rüschlikon, Switzerland, senior legacy sector ... Read the full article
Kevin Rethual named CEO of Munich Re Retakaful
5th May 2026
Kevin Rethual has been appointed Chief Executive Officer of Munich Re Retakaful, effective 1st June 2026. In his new role, Rethual will be based in Malaysia and report to Owais Ansari, Head of Regional Market Reinsurance MEA at Munich Re. He succeeds Serena Thio, who has played a key role in shaping ... Read the full article
Reinsurance profitability expected to remain well above cost of equity in 2026: Gallagher Re
5th May 2026
The global reinsurance sector delivered a standout performance in 2025, with profitability and capital reaching unprecedented levels, according to Gallagher Re’s Full Year Reinsurance Market Report. Total dedicated reinsurance capital rose to a record $648 billion, representing an 11% increase on 2024 and marking the second-strongest year for capital growth in ... Read the full article
IRB(Re) lifts underwriting result 74% in Q1’26 as CoR improves
5th May 2026
IRB(Re) has opened 2026 with a stronger underwriting performance and improved profitability metrics, despite a decline in net income. The Brazilian reinsurer posted an underwriting result of R$180 million in Q1 2026, a 74% increase over the same period last year, reflecting disciplined underwriting and improved portfolio performance. This helped drive a ... Read the full article
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