Reinsurance News

US P&C industry records strongest underwriting profit in a decade: AM Best

14th July 2026

In 2025, the U.S. property and casualty industry recorded its largest underwriting profit and lowest combined ratio in a decade, driven by improved underwriting performance and pricing, according to a recent AM Best report. The ratings agency noted that the sector generated $84 billion in underwriting gains over the past two ... Read the full article

Lockton adds Jeremie Deschamps as Regional Head of Cyber Advisory, Asia

14th July 2026

Lockton, a privately held independent insurance brokerage, has appointed Jeremie Deschamps as Regional Head of Cyber Advisory - Asia, based in Singapore. In his new role, Deschamps will lead the broker's Cyber Advisory proposition across the region, working closely with existing teams to help clients strengthen cyber resilience and make informed ... Read the full article

Artificial targets growth in US re/insurance market: President, Joost

14th July 2026

Eric Joost, President at Artificial, said the firm sees opportunities in the US re/insurance market, particularly across the wholesale market, MGAs, and more structured distribution models, as firms seek to manage increasing volumes of submissions and greater operational complexity. Established in 2013 and based in London, Artificial builds technology and software ... Read the full article

Aon and Swiss Re CorSo launch API integration to accelerate digital insurance placement

14th July 2026

Global professional services firm Aon has announced a new application programming interface (API) integration between Aon Broker Copilot and Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, making the carrier the first to integrate directly with Aon Broker Copilot through an API connection. The integration is ... Read the full article

Enright to serve as President, Berkley Specialty London & CEO, W. R. Berkley Syndicate Management

14th July 2026

Re/insurance holding company W.R. Berkley Corporation has appointed John Enright as President of Berkley Specialty London and Chief Executive Officer (CEO) of W. R. Berkley Syndicate Management Limited, effective July 1st, 2026. W. R. Berkley Syndicate Management Limited is the Lloyd's managing agent for W. R. Berkley Syndicate 1967. The appointment is ... Read the full article

PERILS lifts Victoria Bushfires insurance loss estimate to AUD 860m

14th July 2026

Zurich-based catastrophe insurance data provider PERILS has released its third estimate for the Victoria Bushfires, which occurred from 7 to 13 January 2026, with the insured industry loss now standing at AUD 860 million. In line with its coverage definition for Australia, PERILS explained that this loss number is based on ... Read the full article

WoodStar launches to provide capacity for Accelerant Risk Exchange

14th July 2026

Accelerant, a data-driven risk exchange platform for the specialty insurance market, has partnered with newly launched WoodStar Reciprocal Exchange, a reciprocal insurer funded with over $220 million of surplus notes and capital from unrelated third parties including Kilter Finance, a KKR-backed specialty finance company, and funds managed by Blue Owl ... Read the full article

Jensten Group expands Scottish presence with Kelvin Smith Insurance acquisition

14th July 2026

Jensten Group, a UK insurance broking and financial services group, has agreed to acquire Glasgow-based broker Kelvin Smith Insurance, subject to regulatory approval. According to Jensten Group, the transaction forms part of its ongoing strategy to expand its regional presence and further develop its operations across Scotland. The acquisition will add 30 ... Read the full article

Rokstone adds Claire Lill to North American Casualty team

14th July 2026

Rokstone, the international specialty re/insurance managing general agent (MGA), has announced the addition of Claire Lill to its North American Casualty team. Lill joins Rokstone’s established North American Casualty leadership team, which includes Larry Burrows, Ben Baker, Alex Fitzpatrick, and Lex Beesley. Together, they are building a casualty platform that combines underwriting ... Read the full article

Ategrity expects $205m GWP with CoR under 87% for Q2’26

14th July 2026

Ategrity Specialty Insurance Company Holdings has announced its preliminary financial results for the second quarter of 2026, reporting gross written premiums (GWP) of more than $205 million and a combined ratio below 87%. According to Ategrity, a New York-based specialty insurance company and subsidiary of Zimmer Financial Services Group LLC., these ... Read the full article

Willis names Pryce as Head of Southeast Asia and Roberts as CCO Asia

14th July 2026

WTW, a global advisory, broking and solutions company, has appointed Oliver Pryce as Head of Corporate Risk & Broking (CRB) Southeast Asia, and Rupert Roberts as Chief Commercial Officer (CCO), Asia, at Willis, both effective January 4th, 2027. Based in Singapore, Pryce will take over the position from Roberts, who transitions ... Read the full article

IAG submits remedy offer to ACCC regarding RACI acquisition

13th July 2026

Insurance Australia Group Limited (IAG) has submitted a package of proposed remedies to the Australian Competition and Consumer Commission (ACCC) in a bid to address the regulator’s competition concerns over its proposed acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia. The transaction, announced ... Read the full article

Jeff Smith appointed CEO of newly created Ryan Specialty Renewables

13th July 2026

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the appointment of Jeff Smith as CEO of the newly created Ryan Specialty Renewables practice, effective immediately. Ryan Specialty Renewables is RSUM’s managing general underwriting practice focused on the global delivery of renewable and energy transition solutions. This ... Read the full article

RBC analysts expect pricing pressures and higher cat losses to weigh on US insurers in Q2’26

13th July 2026

RBC Capital Markets, the investment banking and capital markets business of Royal Bank of Canada, expects the US property and casualty (P&C) insurance sector to remain competitive, with softer primary property pricing and potentially elevated catastrophe losses likely to shape earnings across both insurers and insurance brokers. According to RBC Capital ... Read the full article

Marsh Risk launches US lead umbrella casualty facility

13th July 2026

Marsh Risk, an insurance broker and business of Marsh, has launched MLOne, a first-of-its-kind US lead umbrella casualty facility aimed at delivering stronger protection and clearer claims coordination for clients. The new business unit is part of Marsh’s expanding suite of excess casualty facilities, including its Bermuda-based BX1 and US-based MX1 ... Read the full article