Reinsurance News
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
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
LMA adds several new members to its Chief Underwriting Officers’ Committee
31st July 2026
The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has added new members to its Chief Underwriting Officers’ Committee (CUOC), the senior underwriting committee representing the Lloyd’s market. The new members have been selected following a rigorous process led by the LMA Nominations and ... Read the full article
MISSION continues European expansion with launch of property specialist Kyntra
31st July 2026
MISSION, the MGA Capital Partner, has announced that it plans to launch Kyntra in Autumn 2026, representing its 12th MGA in the UK and Europe. Kyntra is a Dublin-based property MGA led by underwriters David Gibson and Robert Purser. It marks the next phase of MISSION’s plans to expand its MGA ... Read the full article
AXIS appoints Jennifer Davies as Active Underwriter for Lloyd’s Syndicate 1686
31st July 2026
AXIS Capital Holdings Limited, a Bermuda-based global specialty insurer and reinsurer providing insurance and reinsurance solutions, has announced the appointment of Jennifer Davies as Active Underwriter for AXIS Syndicate 1686. Davies will oversee the underwriting and related business activities of Syndicate 1686, succeeding Toby Read. AXIS confirmed that Read will retain ... Read the full article
Donegal reports $22.3m net income as CoR improves to 95.6%
31st July 2026
Donegal Group Inc., a US-based property and casualty insurance holding company, has reported its financial results for the second quarter and first half of 2026, with net premiums earned for the second quarter of 2026 decreasing by 4% to $222.6 million compared with the same period in 2025. Donegal reported second-quarter ... Read the full article
SEADRIF appoints Xinmei Zheng as COO
30th July 2026
SEADRIF Insurance Company, a Singapore-based insurer, has announced the appointment of Xinmei Zheng as Chief Operating Officer (COO). Zheng brings close to two decades of experience in the non-life insurance and reinsurance sectors, along with extensive knowledge of the Southeast Asian market. Her global and regional insights are further enhanced by her ... Read the full article
Moody’s Ratings upgrades Amynta’s corporate family rating to B2 with outlook stable
30th July 2026
Credit ratings agency Moody's Ratings has upgraded Amynta Agency Borrower, Inc.'s (Amynta) corporate family rating to B2 from B3, its senior secured revolving credit facility and senior secured term loan rating to B1 from B2, as well as its senior unsecured notes rating to Caa1 from Caa2, and its probability ... Read the full article
Markel Insurance expands AI strategy with Bain partnership, launching Cortex unit
30th July 2026
During Markel's Q2 2026 earnings call, Simon Wilson, Chief Executive Officer of Markel Insurance, said artificial intelligence (AI) is increasingly being deployed across the business, highlighting the launch of Cortex, a new business unit developed in partnership with Bain & Company to reimagine how hard-to-place U.S. casualty risks are underwritten ... Read the full article
Mapfre agrees to acquire 38.9% stake in Spanish insurtech Tuio
30th July 2026
Mapfre, an international insurance company, has reached an agreement to acquire a 38.9% stake in Spanish insurtech Tuio, the specialist digital insurance distributor that leverages advanced technological capabilities and significant artificial intelligence (AI) maturity in its business model. According to the announcement, the agreement will allow Tuio, which currently operates in ... Read the full article
Aon views generative AI as an accelerant for long-term strategy: CEO Case
30th July 2026
Greg Case, Chief Executive Officer (CEO) of global professional services firm Aon, said the company does not see artificial intelligence (AI) as a standalone strategy, but rather as an accelerant of what it has already been working on for many years. Speaking during Aon's Q2 2026 earnings call, Case explained ... Read the full article
PartnerRe posts solid underwriting performance in H1’26, net income reaches $447m
30th July 2026
Bermuda-based reinsurer PartnerRe has reported net income of $447 million for the first half of 2026, with return on equity of 8.1%, while its non-life combined ratio was 85.1%. Total revenues for H1 2026 fell 15.5% year over year to $4.10 billion, compared with $4.86 billion in H1 2025. The decline was ... Read the full article
Canada Life Re base earnings exceed CAD 300m in Q2’26
30th July 2026
Great-West Lifeco’s Capital and Risk Solutions reinsurance operation, Canada Life Re, generated base earnings of more than CAD 300 million in the second quarter of 2026, following record earnings of CAD 353 million in the opening quarter of the year. Q2'26 earnings of CAD 310 million for Canada Life Re ... Read the full article
Lincoln Financial enters $5.8bn reinsurance deal with Talcott to reduce legacy risk exposure
30th July 2026
Lincoln Financial, a US financial services provider specialising in life insurance, annuities and retirement products, has announced a new reinsurance agreement with Talcott Financial Group, a global life and annuity insurance and reinsurance specialist. The agreement will transfer approximately $5.8 billion of guaranteed universal life (GUL) statutory reserves to a Talcott ... Read the full article
Insured losses from nat cats reached $44bn in H1’26: Munich Re
30th July 2026
Munich Re, a global reinsurer and provider of primary insurance and risk solutions, has disclosed that in the first half of 2026, insured losses from natural disasters totalled USD 44 billion, representing a 60% insurance gap, as overall global losses totalled nearly USD 112 billion. The reinsurer, in its new report, ... Read the full article
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