Reinsurance News
Aon launches AI Risk Diagnostic to help organisations manage AI risks
28th July 2026
Aon, a global insurance and reinsurance broker and risk advisor, has launched its AI Risk Diagnostic, an enterprise-level assessment designed to help organisations understand and manage AI-related risk. As AI becomes increasingly embedded across business operations, the diagnostic provides a structured view of AI governance, maturity and risk exposure to support ... Read the full article
Brown & Brown sees H1’26 revenues hit $3.6bn following strong second quarter
28th July 2026
Brown & Brown, Inc. has reported that its total revenues for H1 2026 reached $3.6 billion, up approximately $888 million, or 33%, from the same period in 2025. According to the firm, Organic Revenue decreased by 0.7% in H1 2026, while Organic Revenue with Contingents increased by 0.7%. Meanwhile, net income attributable ... Read the full article
MAP and ZestyAI partner to strengthen wildfire risk analysis
28th July 2026
MAP Underwriting (Managing Agency Partners), a Lloyd’s of London managing agency, has adopted ZestyAI’s Z-FIRE to strengthen wildfire risk analysis across its property reinsurance portfolio. MAP has selected Z-FIRE, ZestyAI’s wildfire risk model, to improve the evaluation and management of California wildfire risk within its property re/insurance portfolio. The partnership marks ZestyAI’s ... Read the full article
RiverStone International closes second LPT with Pacific Valley Insurance
28th July 2026
RiverStone International, a global acquirer and reinsurer of legacy and discontinued insurance business, has signed its second loss portfolio transfer (LPT) reinsurance agreement with Pacific Valley Insurance Company. Pacific Valley is a wholly owned captive insurance subsidiary of the ride sharing company Lyft. In March 2025, RiverStone secured its first LPT ... Read the full article
Munich Re Specialty launches parametric earthquake solution through Lloyd’s Japan
28th July 2026
Munich Re Specialty, supported by the expertise of Munich Re Capital Partners, has launched a parametric earthquake insurance solution for corporate clients in Japan, using the Lloyd’s Japan platform. The parametric earthquake cover is reportedly designed to provide access to liquidity funds following an event, supporting recovery and continuity even in ... Read the full article
Swiss Re appoints Benjamin Savill as CEO of Australia & New Zealand
28th July 2026
Global reinsurer Swiss Re has appointed Benjamin (Ben) Savill as Chief Executive Officer (CEO) of Australia & New Zealand, based in Sydney, effective October 1st, 2026, subject to regulatory approvals. In his new role, Savill succeeds Trent Thomson, who was appointed as the Global Head of Specialty Reinsurance at Swiss ... Read the full article
Korean Re to accelerate AI transformation with MegazoneCloud partnership
28th July 2026
Korean Reinsurance Company, South Korea’s only domestic, professional reinsurer, has partnered with MegazoneCloud, an artificial intelligence (AI) and cloud company, to accelerate AI transformation (AX) across its reinsurance business. The two companies signed a strategic memorandum of understanding (MOU) on July 22 agreeing to combine their expertise in generative AI, big ... Read the full article
Pen Underwriting expands specialist Construction & Casualty team
28th July 2026
Pen Underwriting, the UK-based multi-class, multi-territory managing general agent (MGA), has strengthened its specialist Construction & Casualty division with the appointment of four underwriting professionals across its offices in Birmingham, Liphook, and London. The latest hires form part of Pen Underwriting's ongoing investment in its regional underwriting capability, reinforcing the company's ... Read the full article
Willis urges data centre sector to rethink insurance buying amid AI demand growth
27th July 2026
As rapid expansion in digital infrastructure and AI-driven demand reshapes the technology landscape, insurance broker Willis, a WTW business, urges data center owners, developers, builders, operators and investors to rethink traditional insurance strategies. The firm warns that many organisations may currently be securing capacity beyond their actual exposure due to risks ... Read the full article
J.S. Held appoints Irvinder Singh Lail as Head of Global Capability
27th July 2026
J.S. Held, a global consulting firm, has announced the appointment of Irvinder Singh Lail as Head of Global Capability. In his new role, Irvinder will work to advance the firm's global operating model by formalising how J.S. Held organises and deploys expertise across regions, enhancing service delivery, and expanding capacity for ... Read the full article
Spain & France wildfires likely an earnings event for insurers unless urban areas hit: Morningstar DBRS
27th July 2026
The wildfires spreading across Spain and France represent one of Europe’s most significant fire events in recent years, however Morningstar DBRS, a global credit ratings agency providing financial intelligence and credit ratings, said the current losses are more likely to be reflected as an earnings event for insurers rather than ... Read the full article
S&P upgrades West P&I to A- financial strength rating
27th July 2026
West P&I, a mutual marine insurer providing protection and indemnity (P&I) and other specialist insurance cover to the global shipping industry, has received an A- Financial Strength Rating from S&P Global Ratings, with the ratings agency assigning a stable outlook. The rating follows a sustained improvement in its underwriting performance, with ... Read the full article
Cinven and La Caisse acquire majority stake in Optio from PCP
27th July 2026
Optio, an independent international specialty managing general agent (MGA), has announced that international private equity firm Cinven, together with global investment group La Caisse (formerly CDPQ), have agreed to jointly acquire a majority stake from Preservation Capital Partners (PCP). This investment will support Optio’s next chapter by supporting the expansion of ... Read the full article
Tunis Re premiums increase 2.2% in H1’26
27th July 2026
Tunis Re (Société Tunisienne de Réassurance), the national professional reinsurance company in Tunisia, has recorded a turnover of TND 126 million ($42.6 million) for the first half of 2026, a 2.2% increase compared to the same period the year prior. According to the reinsurer, the achievement rate compared with the objectives ... Read the full article
IGP Specialty names David Nikolai as President, Programs Division
27th July 2026
United States-domiciled speciality insurer and subsidiary of USI Insurance Services, Innovation Growth Partners Specialty (IGP Specialty), has appointed David Nikolai as President, Programs Division, effective immediately. IGP Specialty was established in November 2025 through the combination of U.S. Risk, a specialty lines underwriting manager and wholesale broker, and program administrator, ... 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.
