Reinsurance News
RGA’s net income hits $330m in Q1’26 as consolidated net premiums expand 14.3%
8th May 2026
Reinsurance Group of America, Incorporated has reported Q1 2026 net income of $330 million, up from $286 million in the prior-year quarter, while consolidated net premiums rose 14.3% year on year to $4.6 billion. According to Tony Cheng, President and Chief Executive Officer of RGA, the firm delivered a strong start ... Read the full article
Renew Risk introduces US severe storm model for solar insurance market
8th May 2026
Renew Risk, a specialist provider of renewable energy risk analytics and catastrophe modelling solutions, has announced the launch of its US SCS Model, which the company says is the first modelling platform developed specifically to assess severe convective storm risk for solar farms in the United States. Renew Risk stated that ... Read the full article
FEMA Review Council recommend NFIP reform, bigger private market role in flood insurance
8th May 2026
At the final public meeting of the Federal Emergency Management Agency (FEMA) Review Council yesterday, the group voted to send their final report and recommendations to the President, highlighting the importance that more private market participation is critical in US flood insurance. The Council looked at numerous areas of reform for ... Read the full article
CNA Financial’s Q1’26 net income down to $211m as CoR rises
8th May 2026
Chicago-based insurer CNA Financial Corporation has announced its financial results for the first quarter of 2026, reporting a net income of $211 million, down from $274 million in the comparable prior year quarter. Core income for this quarter was $225 million, buoyed by strong investment income and underwriting discipline, compared to ... Read the full article
Canada Life Re names Loughnane SVP, Head of P&C for Global Markets
8th May 2026
Canada Life Reinsurance, a provider of reinsurance solutions, has promoted Eamon Loughnane to Senior Vice President (SVP), Head of P&C – Global Markets. Loughnane initially assumed the leadership of the company’s P&C Global Markets business in 2025, succeeding Gabriel Kelly, who retired after 33 years of dedicated service. This appointment followed ... Read the full article
American Coastal’s Q1’26 CoR hits 66%
8th May 2026
Florida domiciled American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported a combined ratio of 66% for the first quarter of 2026, remaining mostly flat from 65% in Q1’25. The insurer’s total gross written premium dipped by $48.5 million, or 24.5% to $149.4 million for Q1’26, from ... Read the full article
Zurich names Wayne Leow as Head of Commercial Insurance, Malaysia
8th May 2026
Large primary carrier Zurich Insurance Group has appointed Wayne Leow as Head of Commercial Insurance for Malaysia, tasked with leading the Commercial Insurance function, spearheading growth across multiple lines of business, and distribution channels in Malaysia. Leow has more the 17 years of industry experience, having served in senior positions at Chubb, ... Read the full article
Digital infrastructure boom is reshaping global construction insurance market, Aon reports
7th May 2026
Aon, the global professional services company specialising in risk, retirement and health solutions, has published its 2026 Global Construction Insurance and Surety Market Report, outlining how rapid investment in digital infrastructure and data centres is influencing construction insurance markets, underwriting approaches and risk transfer strategies around the world. Aon said worldwide ... Read the full article
Swiss Re expects similar trends at mid-year renewals, prioritising quality over volume: CEO
7th May 2026
Andreas Berger, Group CEO at global reinsurer Swiss Re, said he expects the mid-year reinsurance renewals to see similar trends to those observed at January and April, with high demand and continued pricing pressure, while emphasising that Swiss Re will remain focused on prioritising portfolio quality over volume. During Swiss ... Read the full article
Inigo boosts Radian’s first quarter as a global multi-line specialty insurer
7th May 2026
Radian Group Inc. has reported its results for Q1 2026, with its Specialty segment generating adjusted pre-tax operating income of $40 million, reflecting Inigo’s operations following the completion of the acquisition earlier this year. As we've covered, Radian completed its $1.67 billion acquisition of Inigo, a specialty insurance group underwriting ... Read the full article
InsurTech enters higher funding phase as AI dominates, says Gallagher Re’s Andrew Johnston
7th May 2026
In a recent interview with Reinsurance News, Andrew Johnston, author of the InsurTech Quarterly report series and Global Head of InsurTech at reinsurance broker Gallagher Re, discussed how investment trends, artificial intelligence, and emerging liability risks are reshaping the insurance and reinsurance market. To start, Johnston highlighted a clear shift ... Read the full article
Liberty Mutual’s net income more than doubles in Q1’26 amid lower cat losses
7th May 2026
Liberty Mutual Insurance has reported net income of $2.05 billion for Q1 2026, more than double the $1.03 billion recorded in the prior-year period, as sharply lower catastrophe losses drove a significant improvement in underwriting and operating profitability. The insurer’s consolidated net income rose 99.7% year-on-year to $2.06 billion in Q1 ... Read the full article
Mercury General posts $190.4m net income in Q1’26 after prior-year loss
7th May 2026
Mercury General Corporation, a property and casualty insurance provider, has reported a net income of $190.4 million for the first quarter of 2026, compared to a net loss of $108.3 million in the same period a year earlier. In Q1’26, operating income rose to $194 million, compared to a loss of ... Read the full article
RenRe appoints Henry Klehm as Non-Executive Chair of Board, declares quarterly dividend
7th May 2026
RenaissanceRe Holdings Ltd. (RenRe), a Bermuda-based reinsurer, has announced the appointment of Henry Klehm as Non-Executive Chair of the Board of Directors. Klehm succeeds James L. Gibbons, who will continue to serve as an independent director and member of the Audit Committee. Stephen C. Hooley has also been elected as an independent ... Read the full article
White Mountains’ Ark/WM Outrigger posts GWP of $1.091bn for Q1’26, CoR improves
7th May 2026
White Mountains has released the first quarter of 2026 results for its property and casualty re/insurance segment Ark/WM Outrigger, which saw gross written premiums (GWP) of $1,091 million, with a combined ratio of 91%. GWP in Q1 2026 decreased slightly compared to Q1 2025’s $1,108 million, while the quarter’s combined ratio ... Read the full article
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