Reinsurance News
Swiss Re strengthens reserves by $400m for inflationary impacts of Middle East war
7th May 2026
Anders Malmström, Group CFO of Swiss Re, one of Europe's big four reinsurance companies, said this morning that the company set aside roughly $400 million in additional reserves in the first quarter of 2026 for potential inflationary impacts of the ongoing conflict in the Middle East. During a call with the ... Read the full article
Global InsurTech funding holds firm as AI dominates Q1’26 investment: Gallagher Re
7th May 2026
Gallagher Re, a global reinsurance brokerage and analytics firm, reports that worldwide InsurTech funding continued at a relatively high level in the first quarter of 2026, as outlined in its latest Global InsurTech Report. The firm recorded total investment of USD 1.63 billion for the quarter. While marginally below the USD ... Read the full article
AkinovA names Matthew Gilpin as Group Chief Operating Officer
7th May 2026
AkinovA, the technology-led insurance and reinsurance platform focused on increasing access to underwriting capital for large corporate risks, has confirmed the appointment of Matthew Gilpin as Group Chief Operating Officer, effective from 1 May 2026. The appointment comes as AkinovA progresses into a further stage of execution, with the company expanding ... Read the full article
Swiss Re’s Q1’26 net income rises 19% as P&C combined ratio strengthens
7th May 2026
Global reinsurer Swiss Re generated net income of $1.5 billion in the first quarter of 2026, an increase of 19% on the prior year's $1.3 billion, driven by a stronger performance in each business segment, lower catastrophe losses, and a robust investment result. Group-wide, return on equity increased to 23.6% in ... Read the full article
Challenger launches Calix Re for Japan annuity reinsurance, AM Best assigns ratings
7th May 2026
Challenger Limited’s recently formed Calix Re Limited (Calix Re), a Class E licensed Bermuda reinsurance company, has been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) by AM Best. The majority of Calix Re’s business placed will be Japan-based fixed term annuities. ... Read the full article
Lockton strengthens Asia leadership with new Malaysia and India CEOs
7th May 2026
Lockton, an independent insurance broker, has strengthened its leadership across Asia, with Nicholas Lee joining Lockton Sime as CEO Designate of Malaysia, while Jaideep Sharma has been appointed CEO of India. In his new role, Lee will work with the team to build on strong foundations and scale a high-performing, client-centric ... Read the full article
Amwins acquires energy & infrastructure broker NARDAC
6th May 2026
Amwins, a global distributor of specialty insurance products, has acquired NARDAC, a brokerage specialising in energy and infrastructure. This move follows Amin's initial investment in NARDAC in 2020 and the recent purchase of the remaining privately held shares. According to the announcement, NARDAC’s specialist wholesale, reinsurance and underwriting services will be ... Read the full article
BMS Group adopts mea Platform’s AI products for advance placement efficiency
6th May 2026
BMS Group, an independent insurance and reinsurance broker, has adopted mea Platform's broking operations products, which are a part of its operational suite, to enhance placement efficiency and drive digital transformation. mea Platform is an AI product company serving the re/insurance sector. The broker states that this move is driven by ... Read the full article
Allianz to transfer commercial cyber insurance business to Coalition in new partnership
6th May 2026
Allianz Commercial and Coalition, an active insurer focused on preventing digital risks, today announced a transformative, strategic agreement to expand their cyber insurance partnership. This agreement makes Coalition Allianz's exclusive global partner for commercial cyber insurance across all segments. By transitioning its commercial cyber insurance business to Coalition, Allianz is combining the ... Read the full article
Ryan Specialty Underwriting Managers announces senior promotions at Velocity Risk
6th May 2026
Ryan Specialty, a speciality insurance firm providing distribution, underwriting, product development and risk management services, has announced leadership promotions within its underwriting management arm, Ryan Specialty Underwriting Managers (RSUM). The changes apply to Velocity Risk Underwriters, a technology-enabled managing general underwriter focused on complex commercial property catastrophe risks. The company has confirmed ... Read the full article
Hannover Re lifts dividend 39% following record 2025 results
6th May 2026
Hannover Re’s latest Annual General Meeting (AGM) has approved a proposal from the Executive and Supervisory Boards to pay a dividend of €12.50 per share, reflecting the reinsurer’s updated dividend policy for the 2025 financial year. The payout represents a 39% increase on the previous year, bringing the total distribution to ... Read the full article
Gallagher launches AI-powered Blueprint framework to optimise insurance programmes
6th May 2026
Gallagher, an insurance brokerage, risk management and consulting firm, has announced the launch of Gallagher Blueprint, a strategic framework designed to help clients strengthen their risk profile and structure more cost-efficient insurance programmes. Gallagher Blueprint combines AI-driven analytics with Gallagher’s proprietary data and deep niche expertise. Built on Gallagher’s established sales methodology, ... Read the full article
Fuse unveils global expansion of real-time peril layer Watch
6th May 2026
Commercial insurance intelligence platform Fuse has expanded the scope of Watch, its real-time peril intelligence layer built for the entire insurance value chain. Fuse announced the general availability of Watch in April this year, unveiling a product that plots every active US peril on a single live map, purpose-built for ... Read the full article
IGI’s underwriting income rises to $37.7m as CoR improves to 89.1% in Q1’26
6th May 2026
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has reported underwriting income of $37.7 million for the first quarter of 2026, up 35.1% from $27.9 million in the same period a year earlier, with an improved combined ratio of 89.1% compared to 94.4%. IGI attributed the improvement ... Read the full article
Atrium appoints Naveed Haque as Head of Casualty Reinsurance
6th May 2026
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of Naveed Haque as Head of Casualty Reinsurance. In this role at Atrium, he will be responsible for building and developing the company’s Casualty Reinsurance portfolio, with an emphasis on sustainable growth and disciplined underwriting performance within Atrium’s wider casualty offering. Haque ... Read the full article
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