Reinsurance News

QBE’s insurance profit rises in H1’26 as CoR holds at 92.8%

14th August 2026

Australia-headquartered global insurer QBE has disclosed a modest increase in insurance profit for H1 2026, with underwriting performance remaining resilient despite higher underlying claims costs and rising expenses. The firm's insurance profit rose to $1.206 billion from $1.157 billion in H1 2025, while its insurance operating result increased to $691 million, ... Read the full article

Westfield Specialty’s GWP rises 25% to $1.2bn in H1’26

14th August 2026

Westfield Specialty, a global specialty insurance carrier, has reported growth of 25% year over year in gross written premium (GWP) to USD 1.18 billion for the first half of 2026, with a combined ratio of 94.3%. For the second quarter of 2026, Westfield's GWP increased 20% year over year to USD ... Read the full article

SEADRIF reports further progress in expanding disaster risk insurance across Southeast Asia

14th August 2026

The Southeast Asia Disaster Risk Insurance Facility (SEADRIF), a regional organisation working to strengthen financial protection against disasters and climate-related risks, has outlined progress made during 2025 and identified areas requiring further development in its latest annual report. Titled Protecting What Matters: Scaling Disaster and Climate Risk Insurance Across Southeast Asia, ... Read the full article

Accelerant’s exchange written premium grew 23% to $1.1bn in Q2’26

14th August 2026

For the second quarter of 2026, Accelerant Holdings, the data-driven risk exchange platform active in the specialty insurance marketplace through the Accelerant Risk Exchange, has reported growth of 23% year-over-year in exchange written premium to USD 1.32 billion from USD 1.07 billion in Q2’25. For the half-year 2026, Accelerant reported growth ... Read the full article

Arch Insurance Intl. appoints James Mecham as Deputy CUO for Long Tail Lines

14th August 2026

Arch Insurance International (Arch), the international insurance business of Arch Capital Group, has appointed James Mecham as Deputy Chief Underwriting Officer (CUO) for Long Tail Lines, effective immediately. Mecham will work alongside Mike Lay, CUO of Long Tail Lines, in supporting the underwriting strategy for the business. His responsibilities will include ... Read the full article

Reports suggest Colombia quake will drive insured losses across multiple lines in LatAm market

13th August 2026

Higher earthquake insurance penetration in Colombia is expected to mean the magnitude 7.4 quake that struck the country will generate an insured loss for the wider Latin American insurance market, according to global reinsurance broker Guy Carpenter, a Marsh business. The earthquake struck western Colombia on 10 August, with its epicentre ... Read the full article

New data creates opportunity for insurers to protect properties more effectively against wildfires: Cotality

13th August 2026

New property-level data reveals how fire spreads between homes, offering insurers and homeowners a critical opportunity to identify extra steps that can be taken to reduce risk and enhance resilience, according to a recent Cotality report. Cotality's 2026 Wildfire Risk Report found that over 2.5 million properties across the 10 most ... Read the full article

GIC Re sees increased profit and gross premium income in Q1’27

13th August 2026

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has announced its latest financial results, reporting increased profit after tax and gross premium income of ₹1,922.04 and ₹13,475.36 crore, respectively, for the first quarter ending June 30, 2026. Q1 2027 profit after tax was up from the ₹1,752.23 ... Read the full article

Swiss Re and SAS partner to support insurers with AI-driven risk intelligence

13th August 2026

Swiss Re, the global reinsurance provider, has entered into a strategic partnership with SAS, a provider of data and artificial intelligence technologies, to help insurers improve how they assess, price, and manage risk. The partnership will bring together Swiss Re’s catastrophe risk expertise and CatNet natural catastrophe intelligence with SAS’ AI, ... Read the full article

LM Re & Safehub make ‘first-of-its-kind’ parametric earthquake payout in Peru

13th August 2026

Liberty Mutual Reinsurance Group (LM Re), part of Liberty Mutual Insurance Group, and Safehub have issued a payout for the magnitude 5.8 earthquake in Peru that triggered Safehub’s Shake Network. According to the pair, the earthquake that struck Ica on 19 May 2026 produced significant ground acceleration at multiple client locations. The ... Read the full article

Midwest severe storms could generate billions in insured losses, Guy Carpenter warns

13th August 2026

A severe convective storm outbreak that swept across the US Midwest between August 9 and 11 could generate insured losses running into the billions of dollars, according to a recent report from Guy Carpenter. The reinsurance broker, which is part of Marsh, said the event could rank among the 10 largest ... Read the full article

Accelerant heads back to private ownership with Thoma Bravo acquisition

13th August 2026

Data-driven risk exchange platform Accelerant has entered into a definitive agreement with Thoma Bravo to become a privately held company in an all-cash transaction with an enterprise value of more than $4 billion. In connection with the deal, Accelerant’s Board of Directors established a Special Committee composed solely of independent and ... Read the full article

Global P&C reinsurers head into H2’26 with strong capital but softer pricing: Morningstar DBRS

13th August 2026

Global property and casualty (P&C) reinsurers are entering the second half of 2026 from a position of financial strength, although Morningstar DBRS expects the sector to face a more competitive underwriting environment as the year progresses. The global credit ratings agency said strong earnings, resilient investment returns, disciplined risk selection and ... Read the full article

Athora to sell its German business to Frankfurter Leben

13th August 2026

Athora, an European savings and retirement services group, has entered into a definitive agreement to sell Athora Germany, to Frankfurter Leben, subject to customary regulatory approvals and closing conditions. Comprising Athora’s German life and pensions operations alongside related holding and regulated entities, Athora Germany manages a closed book of traditional life, ... Read the full article

Chetna Gulati-Kapoor named Global Chief Claims Officer of Marsh Risk

13th August 2026

Chetna Gulati-Kapoor has been appointed Global Chief Claims Officer of Marsh Risk, an insurance broker and business of Marsh. Gulati-Kapoor has 20 years of experience in claims advocacy and client service. She began her career in private practice in India and the UK, before moving into claims roles across a number ... Read the full article