Reinsurance News
White Mountains’ Ark/WM Outrigger posts $778m GWP and 84% CoR in Q2’26
6th August 2026
White Mountains Insurance Group, Ltd. has released its second-quarter 2026 results for its property and casualty re/insurance segment Ark/WM Outrigger, which generated gross written premiums of $778 million, down from $815 million in the prior-year period, while its combined ratio remained unchanged at 84%. During the quarter, Ark/WM Outrigger reported net ... Read the full article
Canada Life Re establishes Singapore Regional Office and appoints Wil Chong as CEO
6th August 2026
Canada Life Re, the reinsurance division of The Canada Life Assurance Company, has announced the establishment of a new regional office in Singapore, reinforcing the company's long-term commitment to the Asia Pacific market. The move has been accompanied by the appointment of Wil Chong as Chief Executive Officer (CEO) of Canada ... Read the full article
Vantage’s diversified platform supports Q2’26 growth with GWP up 29%
6th August 2026
Vantage Group continued to deliver strong top-line growth in Q2 2026, with gross written premiums (GWP) increasing 29% year on year to $473m, as the Bermuda-based specialty re/insurer expanded production across both its insurance and reinsurance platforms despite a quarter marked by catastrophe losses and adverse reserve development. Vantage's insurance segment ... Read the full article
Ryan Specialty’s Tera launches insurance programme for industrial-scale computing hardware
6th August 2026
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has launched a new managing general underwriter (MGU), Tera Underwriters, which itself has announced a new specialty insurance programme designed for computing hardware infrastructure at industrial-scale data centres across the US. The programme has the capacity to provide over ... Read the full article
Buyers benefit from strong capacity while insurers tighten risk selection, Aon reports
6th August 2026
Aon, a global professional services firm specialising in risk, retirement and health solutions, has released its Q2 2026 Global Insurance Market Overview, highlighting a continued favourable environment for commercial insurance buyers. The report found that strong insurer capacity, competition and high levels of industry capital continued to support softer market ... Read the full article
Allstate trims Florida cat reinsurance protection at mid-year renewal
6th August 2026
Allstate, a US primary insurance company, opted to reduce the amount of protection for its Florida excess catastrophe reinsurance tower at its mid-year renewal, while the carrier renewed numerous other contracts with some slight adjustments. Last year, the Florida cat reinsurance tower provided coverage up to $1.1 billion excess a $30 ... Read the full article
Canopius’ profit soars 76% in H1’26 amid premium growth and better underwriting performance
6th August 2026
International specialty and P&C re/insurer Canopius has reported a 76% increase in H1 2026 profit after tax, supported by premium growth, improved underwriting performance, and the sale of its Vave business. Canopius' profit after tax rose to $391m in H1 2026, compared with $222m in H1 2025. Excluding the impact of ... Read the full article
Gallagher names Andy Winwood as Senior Executive Officer, MEA
6th August 2026
Global insurance broker Gallagher has appointed Andy Winwood as Senior Executive Officer for the Middle East & Africa (MEA), subject to regulatory approval. In his new role, Winwood will lead the broker’s regional business, supporting clients across the Middle East and further building Gallagher’s global presence. He will report to Simon ... Read the full article
AGI acquires Heller-Kowitz Insurance Advisors
6th August 2026
American Growth Insurance (AGI), an AI-native insurance brokerage network, has announced the acquisition of Heller-Kowitz Insurance Advisors, a premier full-service insurance agency based in Baltimore, MD. The financial terms of this private transaction were not disclosed. This marks AGI's first acquisition as the company begins establishing a nationwide network of operator-led agencies ... Read the full article
Liberty Mutual sees Q2’26 net income increase to $2.6bn with improved CoR
6th August 2026
Liberty Mutual Holding Company (LMHC) has announced its financial results for the second quarter of 2026, reporting net income of $2.634 billion and an improved combined ratio of 86.4%. For the first half of 2026, the global re/insurer reported net income of $4.686 billion, as well as an improved combined ratio ... Read the full article
Arch Insurance International appoints Barrett as Deputy Active Underwriter, Lloyd’s Syndicate 2012
6th August 2026
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has appointed James Barrett as Deputy Active Underwriter for Lloyd’s Syndicate 2012, effective immediately. In his new role, Barrett deputises for James Croome, Active Underwriter, in leading all activities relating to Syndicate 2012. He ... Read the full article
Swiss Re CorSo enters exclusive partnerships in India and Mexico to insure large MNCs
6th August 2026
Swiss Re Corporate Solutions (Swiss Re CorSo), the commercial insurance arm of the Swiss Re Group, has established exclusive partnerships with Bajaj General Insurance in India and GNP Seguro in Mexico to provide protection to large multinational companies (MNC). The firm will offer insurance solutions to the “growing number” of companies, ... Read the full article
Allstate’s revenue rises 11.8% to $18.6bn in Q2’26
6th August 2026
The Allstate Corporation, a US personal property and casualty insurer, has reported total revenues of $18.6 billion in the second quarter of 2026, up 11.8% from $16.6 billion in the same period a year prior. The company attributed the revenue growth to increased policies in force, higher average homeowners insurance prices ... Read the full article
Swiss Re CEO says AI is core to Group strategy as re/insurance demand increases
6th August 2026
As demand for insurance and reinsurance continues to rise, in terms of both risk transfer and risk expertise, industry giant Swiss Re has made artificial intelligence (AI) a core pillar of its Group strategy, enabling the firm to better capture growing demand and assist clients in an increasingly complex risk ... Read the full article
AM Best expects ‘considerable’ insured losses from Spokane-area wildfires
6th August 2026
A new AM Best report has suggested that the areas in and around Spokane, Washington, will suffer "considerable insured losses" from ongoing wind and fire damage, although it is too early to accurately estimate the magnitude of the losses. "Three major wildfires, together called the Complex Fire, continue to burn in ... Read the full article
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