Reinsurance News
Aviva H1’26 operating profit exceeds £1.3bn as GI premiums increase 29%
14th August 2026
British insurer Aviva has announced its financial results for the first half of 2026, reporting Group operating profit of £1.326 billion, up 24% from £1.068 billion in H1 2025. Total general insurance (GI) premiums increased 29% to £8.093 billion, up from £6.29 billion reported for the same period last year. The Group's ... Read the full article
Milliman appoints Jim Fulton as next CEO
14th August 2026
Milliman, Inc., a global actuarial and consulting firm, has announced that Jim Fulton will become its next Chief Executive Officer (CEO). Fulton has served as Milliman’s Chief Financial Officer since 2015, where he has played a role in the firm’s organic growth and mergers and acquisitions strategy. “I’ve seen how our talent ... Read the full article
Talanx raises 2026 profit outlook after strong first-half net income of €1.5bn
14th August 2026
Talanx Group, a major German financial services and insurance company, has announced its financial results for the first half of 2026, reporting a record-breaking net income of EUR 1.499 billion. Profit growth was observed in all divisions, with Primary Insurance contributing 52% to Group net income. H1 2026 net income increased ... Read the full article
Hiscox announces current return estimates for Syndicates 33 and 6104
14th August 2026
Bermuda-headquartered international specialist insurer Hiscox has released current estimates for the 2024 and 2025 accounts of Syndicate 33 and Syndicate 6104. For the 2024 year of account, Hiscox has raised its estimates for Syndicate 33, which is now expected to generate a return of 6.1% to 16.1% on its capacity of ... Read the full article
Gallagher Re reports multi-billion-dollar loss from early August US severe weather outbreak
14th August 2026
Gallagher Re, the global reinsurance broker, has warned that the insurance industry is facing yet another multi-billion-dollar loss, this time from a bout of considerable US severe convective storm (SCS) activity spanning 9 to 12 August. In its latest Event Commentary, Gallagher Re reports that the outbreak struck much of the ... Read the full article
AI adoption in reinsurance likely to remain gradual despite growing enthusiasm: AM Best
14th August 2026
While artificial intelligence (AI) adoption in reinsurance will likely remain gradual due to key challenges, it is becoming a major differentiator for companies that successfully incorporate it into underwriting, claims, and operations alongside appropriate governance and risk controls, AM Best highlights in a recent report. AI has rapidly become one of ... Read the full article
IRB(Re)’s Q2’26 profit jumps 29% as underwriting result improves
14th August 2026
Brazilian reinsurer IRB(Re) has reported a robust financial performance for Q2 2026, driven by strong underwriting discipline and expanding profitability despite a minor contraction in top-line premium volume. Notably, IRB(Re) reported net income of R$185 million for Q2 2026, representing a 29% increase compared to R$144 million in Q2 2025. Accounting ... Read the full article
Korean Re Q2’26 net income rises 77.6% amid stronger underwriting and investment results
14th August 2026
Korean Re, South Korea’s specialist reinsurance company, reported higher profit for the first half of 2026, supported by improved reinsurance performance and stronger investment results. The reinsurer's revenue from insurance and investment increased 4.2% year on year to KRW 3,652.1 billion in the three months to June 2026, compared with KRW ... Read the full article
RiverStone International and QBE agree $1.6bn LPT reinsurance agreements
14th August 2026
Legacy reinsurance and run-off specialist RiverStone International has entered into loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately US$1.6 billion in reserves, further strengthening the long-standing partnership between both companies. Subject to regulatory approval, the transactions cover North American Middle Market and ... Read the full article
Aspen integration lifts Sompo Intl.’s reinsurance revenue up 92% to $1.55bn in 1Q’26
14th August 2026
The Global Reinsurance division of Bermuda-headquartered Sompo International spearheaded the firm's Q1 performance for fiscal year 2026, delivering significant revenue growth of 91.8% to reach $1.55 billion, up from $810 million in the same period of 2025. According to Sompo International, the expansion in reinsurance top-line was primarily propelled by Read the full article
AM Best expects reinsurers’ capital utilisation to improve further in 2026
14th August 2026
Traditional reinsurers' capital utilisation improved to 77% at year-end 2025 from 85% in 2024 and 92% in 2023, and credit rating agency AM Best expects further improvement to 72% in 2026, driven by a continuation of market trends. In a new report, AM Best highlights how the record level of dedicated ... Read the full article
MS Amlin’s profit up to £61m in Q1’26 as combined ratio strengthens
14th August 2026
MS Amlin, a global specialty commercial insurance and reinsurance provider and part of MS&AD, has reported its IFRS 17 Q1 2026 (April - June) financial results, including a £21 million year-on-year rise in net income to £61 million and an improved combined ratio. In a strong quarter for the London headquartered ... Read the full article
Pilkington to support Atrium’s transformation strategy as CCO
14th August 2026
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of London Market veteran John Pilkington as Chief Capital Officer (CCO). This newly created role, Atrium highlighted, will be key in shaping the company's capital strategy to support the delivery of its five-year transformation agenda. In his new position, Pilkington will be ... Read the full article
AIG & Parametrix launch cyber parametric solution for cloud service outage losses
14th August 2026
American International Group, Inc. (AIG), a global insurer and reinsurer, has launched a new Parametric Cloud Outage Solution in partnership with Parametrix, a provider of digital business interruption solutions, offering additional cyber protection for clients experiencing business interruption losses from cloud service outages and cloud provider downtime. The solution’s parametric formula ... Read the full article
MS Reinsurance delivers increase in profit to $225m in 2026
14th August 2026
Zurich domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, saw its gross written premiums (GWP) rise by roughly $300 million to $3.2 billion for the six month period ended June 30, 2026. As the reinsurer's portfolio continued to expand, the combined ratio strengthened by 8.7 percentage points ... Read the full article
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