Reinsurance News

Digital infrastructure boom is reshaping global construction insurance market, Aon reports

7th May 2026

Aon, the global professional services company specialising in risk, retirement and health solutions, has published its 2026 Global Construction Insurance and Surety Market Report, outlining how rapid investment in digital infrastructure and data centres is influencing construction insurance markets, underwriting approaches and risk transfer strategies around the world. Aon said worldwide ... Read the full article

Swiss Re expects similar trends at mid-year renewals, prioritising quality over volume: CEO

7th May 2026

Andreas Berger, Group CEO at global reinsurer Swiss Re, said he expects the mid-year reinsurance renewals to see similar trends to those observed at January and April, with high demand and continued pricing pressure, while emphasising that Swiss Re will remain focused on prioritising portfolio quality over volume. During Swiss ... Read the full article

Inigo boosts Radian’s first quarter as a global multi-line specialty insurer

7th May 2026

Radian Group Inc. has reported its results for Q1 2026, with its Specialty segment generating adjusted pre-tax operating income of $40 million, reflecting Inigo’s operations following the completion of the acquisition earlier this year. As we've covered, Radian completed its $1.67 billion acquisition of Inigo, a specialty insurance group underwriting ... Read the full article

InsurTech enters higher funding phase as AI dominates, says Gallagher Re’s Andrew Johnston

7th May 2026

In a recent interview with Reinsurance News, Andrew Johnston, author of the InsurTech Quarterly report series and Global Head of InsurTech at reinsurance broker Gallagher Re, discussed how investment trends, artificial intelligence, and emerging liability risks are reshaping the insurance and reinsurance market. To start, Johnston highlighted a clear shift ... Read the full article

Liberty Mutual’s net income more than doubles in Q1’26 amid lower cat losses

7th May 2026

Liberty Mutual Insurance has reported net income of $2.05 billion for Q1 2026, more than double the $1.03 billion recorded in the prior-year period, as sharply lower catastrophe losses drove a significant improvement in underwriting and operating profitability. The insurer’s consolidated net income rose 99.7% year-on-year to $2.06 billion in Q1 ... Read the full article

Mercury General posts $190.4m net income in Q1’26 after prior-year loss

7th May 2026

Mercury General Corporation, a property and casualty insurance provider, has reported a net income of $190.4 million for the first quarter of 2026, compared to a net loss of $108.3 million in the same period a year earlier. In Q1’26, operating income rose to $194 million, compared to a loss of ... Read the full article

RenRe appoints Henry Klehm as Non-Executive Chair of Board, declares quarterly dividend

7th May 2026

RenaissanceRe Holdings Ltd. (RenRe), a Bermuda-based reinsurer, has announced the appointment of Henry Klehm as Non-Executive Chair of the Board of Directors. Klehm succeeds James L. Gibbons, who will continue to serve as an independent director and member of the Audit Committee. Stephen C. Hooley has also been elected as an independent ... Read the full article

White Mountains’ Ark/WM Outrigger posts GWP of $1.091bn for Q1’26, CoR improves

7th May 2026

White Mountains has released the first quarter of 2026 results for its property and casualty re/insurance segment Ark/WM Outrigger, which saw gross written premiums (GWP) of $1,091 million, with a combined ratio of 91%. GWP in Q1 2026 decreased slightly compared to Q1 2025’s $1,108 million, while the quarter’s combined ratio ... Read the full article

Everest names Lisa Davis as Head of North America Wholesale & Specialty

7th May 2026

Everest Group, Ltd., an underwriting organisation specialising in reinsurance and specialty insurance solutions, has announced the appointment of Lisa Davis as Head of North America, Wholesale & Specialty. In her new position at Everest, Davis will oversee the Company’s North America Wholesale & Specialty operations, including underwriting direction, distribution oversight and ... Read the full article

Kin Insurance secures record $335m catastrophe bond deal

7th May 2026

Kin Insurance, a direct-to-consumer digital home insurance company focused on providing cover in regions exposed to severe weather risks, has completed its largest catastrophe bond transaction to date. The agreement, arranged through Hestia Re Ltd. (Series 2026-1), totals $335 million across four separate bonds and is intended to provide long-term financial ... Read the full article

Specialty insurance rates ease more quickly than forecast, returning to 2020 levels: WTW

7th May 2026

WTW, the global insurance consulting and technology company, has found that specialty insurance rates fell throughout 2025 and continued to ease at the 1 January 2026 renewals, with declines exceeding earlier expectations from both insurers and brokers. The findings are drawn from WTW’s Specialty Insurance Marketplace Survey (SIMS), which the firm ... Read the full article

Palomar’s Q1’26 GWP grows 42.4% to $630m

7th May 2026

Specialty insurer Palomar Holdings, Inc. has reported a rise of 42.4% in gross written premiums (GWP) for the first quarter of 2026 to $629.8 million, compared to $442.2 million in Q1’25. Net earned premiums increased 59.3% to $261.4 million for Q1’26, compared to $164 million in the prior year’s first quarter. At ... Read the full article

Enstar sees significant growth opportunities on the live and legacy side: Dan Sanford

7th May 2026

Following its agreement to acquire Accident Fund Holdings, Inc. (AF Group) alongside positive industry tailwinds, global insurance and reinsurance group Enstar is “excited” about the opportunities ahead, seeing ample room for growth. During a recent trip to Bermuda, Reinsurance News spoke with Dan Sanford, Managing Director, M&A at Enstar, about the ... Read the full article

AI ‘trailblazers’ see 21% higher revenue growth while broader insurance industry lags: Capgemini

7th May 2026

The property and casualty (P&C) insurance sector has reached a “moment of truth" regarding artificial intelligence (AI), marked by a widening competitive divide between a small group of “intelligence trailblazers” and the rest of the industry, a recent Capgemini report states. According to the World Property & Casualty Insurance Report 2026, ... Read the full article

ACORD launches advisory council to align data standards across North American P&C sector

7th May 2026

ACORD, the global standards-setting organisation for the insurance sector, has announced the creation of the ACORD Inter-Association Advisory Council (IAAC). The organisation describes the council as a coalition of major North American property and casualty associations representing independent agents, brokers and intermediaries across the distribution chain. ACORD stated that the initiative is ... Read the full article