Reinsurance News
IAG partners with OpenAI to explore agent-based voice solutions
29th July 2026
Australian insurer IAG has partnered with OpenAI to explore agent-based voice solutions that help its employees in Australia deliver better service and support to customers. Powered by the newly launched agentic system, OpenAI Presence, IAG will initially explore opportunities to enhance claims delivery, focusing on supporting customer responses and scaling capabilities ... Read the full article
Conning estimates US MGA premiums reached $128bn in 2025
29th July 2026
Conning, the investment management firm specialising in insurance and institutional investors, has estimated that total premiums for the US managing general agent (MGA) market reached approximately $128 billion in 2025. According to Conning's latest study, the US MGA market continued its strong expansion in 2025, reflecting more than favourable market conditions. ... Read the full article
Praxis names Ross Bowie as CEO
29th July 2026
Praxis Reciprocal Exchange, a Florida-domiciled reciprocal exchange home insurer, has announced the appointment of Ross Bowie as Chief Executive Officer (CEO). Bowie will also serve as Chief Executive Officer of PRE Risk Management, the attorney-in-fact for Praxis Reciprocal Exchange. Launched in 2025, Praxis has since completed multiple successful takeouts and built a ... Read the full article
Lynn Serpico named as Marsh’s MD, Client Engagement
29th July 2026
Industry veteran Lynn Serpico has been appointed Managing Director, Client Engagement at Marsh, a risk advisory, insurance broking and reinsurance services firm. Serpico brings with her more than three decades of industry experience, rejoining Marsh after nearly 17 years at Aon. Throughout her career, she has built a reputation for transformational leadership ... Read the full article
WTW introduces Longevity Stream to expand swap access for UK defined benefit schemes
28th July 2026
WTW, a global advisory, broking and solutions company, has introduced Longevity Stream, a new longevity swap offering aimed at making longevity risk management more accessible and cost-effective for UK defined benefit pension schemes. The solution has been developed to address challenges that have historically limited the use of Read the full article
KatRisk appoints Eric Robinson as Vice President of Research and Development
28th July 2026
KatRisk, a catastrophe risk modelling company that provides analytics and insights to support the insurance and reinsurance sectors, has appointed Eric Robinson as its new Vice President of Research and Development. Robinson joins KatRisk with extensive experience in statistical modelling, data analytics, atmospheric science and catastrophe risk modelling. His career has ... Read the full article
Cowbell introduces OMNI, an AI-native decision intelligence system for specialty insurance
28th July 2026
Cowbell, a provider of AI-native cyber and specialty insurance solutions for small and medium-sized enterprises (SMEs), has launched OMNI, an AI-native Decision Intelligence System designed to support the future development, underwriting, and delivery of specialty insurance products. The platform is built on Cowbell’s integrated AI-enabled technology platform and global risk pool ... Read the full article
AI creates new competitive dynamics across the insurance sector: McKinsey & Company
28th July 2026
In a recent analysis, McKinsey & Company, a management consulting firm, examines how artificial intelligence (AI) could influence the future direction of the global insurance sector, arguing that insurers, distributors and technology providers that prepare early may be better positioned as industry structures evolve. According to McKinsey & Company, the ... Read the full article
Kristin Daur appointed President of Ryan Specialty Renewables, Head of NA
28th July 2026
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has appointed Kristin Daur as President of Ryan Specialty Renewables - Head of North America, effective immediately. Ryan Specialty Renewables is RSUM’s managing general underwriter focused on the global delivery of renewable and energy transition solutions. The unit was recently ... Read the full article
AM Best says MAPFRE’s Safety Insurance acquisition is strategically compelling
28th July 2026
Credit rating agency AM Best has described Spain-based multinational insurance group MAPFRE S.A.'s planned acquisition of Safety Insurance Group, Inc. as strategically compelling, saying the transaction brings together two insurers with similar regional footprints and product offerings while strengthening MAPFRE's position in Massachusetts and supporting its expansion across the New ... Read the full article
Oman Re’s revenue rises in H1’26 as combined ratio strengthens to 89.2%
28th July 2026
Oman Re, the Sultanate of Oman’s sole reinsurer, has reported an increase in reinsurance revenue for the first half of 2026 to OMR 27.5 million ($71.4 million), an increase on the prior year's OMR 26.4 million ($68.8 million), while disciplined underwriting saw the combined ratio improve year-on-year. In a solid period ... Read the full article
Integra and Congregational select Hadron as UK underwriting partner
28th July 2026
UK-based MGA brands Integra Insurance Solutions and Congregational Insurance Solutions have partnered with Hadron, a multinational specialty carrier modernising the delegated authority market, to provide underwriting capacity for their respective home and church insurance programmes. Both businesses form part of Integra Group, which is owned by one of the world's leading ... Read the full article
Cincinnati’s net income jumps 83% to $1.26bn in Q2’26
28th July 2026
US primary insurer Cincinnati Financial Corporation reported a net income of $1.255 billion for the second quarter of 2026, up 83% from $685 million in the same period a year earlier. Cincinnati said the result is after recognising an after-tax increase of $882 million in the fair value of equity securities ... Read the full article
MNK International launches International Energy division with appointment of new MD
28th July 2026
MNK International, an independent Lloyd’s broker providing specialist insurance and risk solutions to clients internationally, has appointed William Wakeham as Managing Director, International Energy, as it establishes a dedicated energy division. The broker said the move forms part of its plans to expand its energy broking capabilities in emerging and specialist ... Read the full article
Robert R. Coyne, Jr. to succeed Daniel R. Westcott as President of Berkley Re America
28th July 2026
Insurance holding company W. R. Berkley Corporation has appointed Daniel R. Westcott as Executive Vice President (EVP), as Robert R. Coyne Jr. succeeds him as President of Berkley Re America, while Robert C. Hewitt has been named Chairman of Berkley Re. All appointments are effective immediately. Berkley Re is a global ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
