Reinsurance News
ALIRT research finds US life insurers continue expanding Bermuda reinsurance activity
7th August 2026
ALIRT Insurance Research, a US insurance research and analytics firm specialising in financial analysis of insurance companies, has released a new report examining the increasing use of offshore reinsurance by the US life insurance sector. The firm's latest analysis indicates that Bermuda continues to strengthen its position as the leading overseas ... Read the full article
Allianz reports strong Q2’26 with operating profit reaching record €4.9bn
7th August 2026
Global insurer Allianz has announced its financial results for the second quarter of 2026, reporting a 10.6% rise in operating profit to a record level of €4.9 billion, and €45.6 billion in total business volume. Internal growth reached 5.7% for the quarter, supported by positive contributions from all segments, with Asset ... Read the full article
Generali sees 11% rise in H1’26 operating result as all business segments deliver growth
7th August 2026
Italian-headquartered global insurer Generali has reported an 11.2% rise in consolidated operating result to €4.5 billion for the first half of 2026, driven by solid performance across all business segments. Generali's adjusted net result surged 13.7% to €2.54 billion, while net result hit €2.54 billion, representing a 17.9% year-on-year increase. Meanwhile, the ... Read the full article
Legal & General posts 7% profit growth in H1’26 as global PRT volumes reach £5.7bn
7th August 2026
Legal & General has announced its financial results for the first half of 2026, delivering a 7% increase in core operating profit to £918 million, and securing £5.7 billion in total Global PRT (pension risk transfer) business. In H1 2026, L&G’s Institutional Retirement operating profit rose 5% to £646 million, supported ... Read the full article
MGAA welcomes Pinpoint UK as its 500th member
7th August 2026
The Managing General Agents’ Association (MGAA), the representative body for UK managing general agents (MGAs), has reached a landmark milestone after welcoming Pinpoint UK as its 500th member. Representing a major milestone in the association’s expansion, this new addition emphasises the growing importance of the delegated authority sector in the UK ... Read the full article
AIG sees GI underwriting income rise 10% in Q2’26 with improved CoR
7th August 2026
Global insurer AIG has reported underwriting income growth of 10% year over year for its General Insurance (GI) business to USD 686 million for the second quarter of 2026, compared to USD 626 million in Q2'25. In a strong quarter for the insurer, the combined ratio (CoR) for GI improved slightly ... Read the full article
IDF backs Colombia’s parametric insurance scheme for more than 14,000 smallholder farmers
7th August 2026
The Insurance Development Forum (IDF), a global public-private partnership that works with governments, insurers and international organisations to strengthen protection against climate and disaster risks, has announced the launch of a parametric agricultural insurance programme in Colombia designed to help thousands of smallholder farmers manage the financial impact of extreme ... Read the full article
AXA XL to acquire global corporate intelligence and cyber security consultancy
7th August 2026
AXA XL, the property and casualty specialty risk division of AXA, has entered into an agreement to acquire the remaining shares of S-RM, a specialist corporate intelligence and cyber security consultancy. Currently, AXA XL holds approximately 49% of S-RM. Subject to customary closing conditions, including the receipt ... Read the full article
Strong investment returns and low losses propel Munich Re to record H1’26
7th August 2026
Munich Re has disclosed that it generated a net result of €2.211 billion in the second quarter of 2026 and €3.925 billion in the first half of the year, supported by very low major-loss expenditure in property-casualty reinsurance and a very strong investment result. The 2026 figures compare with corresponding net ... Read the full article
AM Best upgrades Fortegra’s ratings after acquisition by South Korea’s DBI
7th August 2026
Credit rating agency AM Best has upgraded the credit ratings of the Fortegra Group, Inc., a wholly owned subsidiary of DB Insurance Co., Ltd. (DBI), who acquired the specialty insurer back in June. AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) ... Read the full article
ACIC maintains underwriting discipline with 68.7% CoR in Q2’26
7th August 2026
American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported an underlying combined ratio of 68.7% in the second quarter of 2026, compared with 62.2% in the same period a year earlier. The Q2'26 combined ratio comprised a loss ratio of 27.0%, up from 19.8% in Q2'25, and ... Read the full article
Santam Syndicate 1918 appoints Atang Matebesi as Chief Commercial Officer
7th August 2026
Santam Syndicate 1918, a Lloyd’s syndicate and part of the Santam Group, has announced the appointment of Atang Matebesi as Chief Commercial Officer (CCO). In December 2025, Santam Group received final approval from Lloyd’s for Santam Syndicate 1918 to begin underwriting business from 1 January 2026. Matebesi brings a combination of ... Read the full article
Heritage Insurance lifts Q2’26 net income 29% as combined ratio improves
7th August 2026
Heritage Insurance Holdings, a US super-regional property and casualty insurance holding company, has reported improved underwriting performance and higher earnings for the second quarter of 2026, supported by a lower combined ratio, increased underwriting income and higher net investment income. The company reported a net combined ratio of 64.9% for the ... Read the full article
Westfield Specialty appoints Nicole Victoria Preis as Head of Distribution, Nordics
7th August 2026
Westfield Specialty, a global specialty insurance carrier, has continued its European growth strategy by expanding its reach into the Nordic region with the appointment of Nicole Victoria Preis as Head of Distribution, Nordics. Preis will report directly to Cornelia Roskau, CEO of Westfield Specialty International (Europe) S.A., with a matrix reporting ... Read the full article
Spokane wildfires could become costliest insured fire event in Washington state history: Gallagher Re
6th August 2026
Based on the number of properties destroyed and the value of homes and businesses affected by the Spokane, Washington, wildfires, Gallagher Re has estimated that insured losses will reach at least hundreds of millions of dollars, with a plausible chance of becoming a billion-dollar industry loss event. The event is expected ... Read the full article
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