Reinsurance News
Mapfre Re’s net profit climbs 24.6% to €186m in H1’26
24th July 2026
Mapfre Re, the reinsurance arm of Mapfre, has reported net earnings of €186 million in the first half of 2026, up 24.6% compared to the same period a year earlier. The performance was driven by the strong results of the Reinsurance Unit, which increased net earnings to more than €165 million, ... Read the full article
Universal’s net income rises 69% to $59.2m in Q2’26
24th July 2026
Universal Insurance Holdings has reported net income available to common stockholders of $59.2 million in the second quarter of 2026, up 69% from $35.1 million in the prior year quarter. For the quarter, adjusted net income available to common stockholders was $53.4 million, compared with $35.7 million in Q2’25. Universal attributed the ... Read the full article
Mandarin Re appoints Patrick G. W. Ward as a Board Member
24th July 2026
Mandarin Re, a Malaysia-based reinsurance company, has appointed Patrick G. W. Ward as a Member of its Board of Directors. This appointment reflects Mandarin Re's continued commitment to strong governance and long-term, sustainable growth. The reinsurer commented, "We are confident that Patrick's experience and industry perspective will make a valuable contribution to ... Read the full article
AI agents can help insurers preserve & harness critical institutional knowledge: ERGO & Google Cloud
24th July 2026
A recent report from ERGO, in collaboration with Google Cloud, explores how self-evolving AI agents could help insurers capture, preserve and scale undocumented institutional knowledge at risk of being lost, making it accessible across the organisation over the long term. The ERGO Innovation Lab has published a report in cooperation with ... Read the full article
The Hartford sees strong Q2’26 results with 31% net income growth
24th July 2026
US-based insurer The Hartford has announced its financial results for the second quarter of 2026, reporting an increase in net income, to $1.3 billion, and 3% growth in Property & Casualty (P&C) written premiums compared to the same period last year. According to the firm, the increase in Q2 2026’s P&C ... Read the full article
LexisNexis Risk Solutions reports shifting trends in US home insurance claims
24th July 2026
LexisNexis Risk Solutions, a provider of data, analytics and technology services for the insurance, financial services, healthcare and public sectors, has published its 2026 US Home Trends Report, outlining the latest developments in the US home insurance market. The report analyses claims data across a range of property perils, examining changes ... Read the full article
Munich Re posts preliminary Q2’26 net profit of €2.2bn, reaffirms annual target
24th July 2026
According to preliminary figures, Munich Re's net profit for Q2 2026 was approximately €2.2 billion, supported by strong operational performance across the group and "very low" major-loss expenditure in its property and casualty (P&C) reinsurance business. The global reinsurance firm generated a net profit of €1.7 billion in Q1 2026. Combined ... Read the full article
Goosehead’s Q2’26 total revenue climbs 21% to $113.4m
24th July 2026
Goosehead Insurance, Inc., an independent personal lines insurance agency, has reported total revenue growth of 21% year-over-year for the second quarter of 2026 to $113.4 million, compared to $94 million in Q2’25. For the first half of 2026, revenue growth totalled $206 million, compared to $167 million in H1’25. The insurer’s ... Read the full article
Price Forbes names Craig McCoig-Lees as Head of Casualty MGA, Singapore
24th July 2026
Price Forbes, the independent specialist insurance and reinsurance broker, has appointed Craig McCoig-Lees as Head of Casualty MGA, Singapore. In his new role, McCoig-Lees will report directly to Bruce Ford, Chief Commercial Officer of Reinsurance & Wholesale. Additionally, he will be responsible for expanding Price Forbes Re’s MGA proposition, supporting third-party MGAs ... Read the full article
Agentic autonomous AI attacks unlikely to play out well, warns CyberCube
24th July 2026
Following disclosures that OpenAI models broke out of an isolated test environment and breached internal systems at Hugging Face, CyberCube executives have warned that entering this new era of autonomous, agentic cyber threats is unlikely to end well. Providing background for the incident, William Altman, Director of Cyber Threat Intelligence Services, ... Read the full article
Stanton to lead AXA XL National and Complex Accounts
24th July 2026
AXA XL, the property and casualty specialty risk division of AXA, has announced the appointment of Bob Stanton as Head of National and Complex Accounts. Based in Boston, Stanton will oversee the strategic growth initiatives across national and complex account segments of the company’s excess and surplus (E&S) division. The executive brings ... Read the full article
RenRe says AI requires careful deployment rather than acting as a ‘silver bullet’
24th July 2026
RenaissanceRe, the global reinsurance and insurance company, believes artificial intelligence can deliver significant benefits across its business, but President and CEO Kevin J. O'Donnell has cautioned that the technology is "not a silver bullet" and must be implemented carefully to achieve meaningful results. Speaking during RenaissanceRe's second-quarter 2026 earnings call, O'Donnell ... Read the full article
Fitch upgrades IFS rating of Uzbekistan-based insurer KAFOLAT
24th July 2026
Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of KAFOLAT Insurance Company, one of the leading non-life insurers in Uzbekistan, to 'BB-' from 'B+', with a Stable Outlook. The rating upgrade reflects KAFOLAT's strengthened financial profile and better capital position, as well as improved geographical diversification, with the latter ... Read the full article
Ascot names James Lee as President of Leadline Capital Partners
24th July 2026
Global specialty re/insurance company Ascot Group Limited has appointed James Lee as President of Leadline Capital Partners, Ascot’s dedicated third-party capital management platform launched in August 2024. Lee has over two decades of expertise in capital markets and insurance-linked securities (ILS), specialising in the origination, structuring and placement of risk ... Read the full article
Global mutual insurance sector reaches record $1.61 trillion in premiums: ICMIF
24th July 2026
According to the latest Global Mutual Market Share (MMS) report published today by the International Cooperative and Mutual Insurance Federation (ICMIF), mutual and cooperative insurers generated record premium income in 2024 of $1.61 trillion, while maintaining a 26.1% share of the global insurance market. The Global Mutual Market Share 2026 report ... Read the full article
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