Reinsurance News

Willis introduces Merger Protect to address US antitrust review costs in M&A

1st May 2026

Willis, the advisory, broking and solutions firm, has introduced Merger Protect, a specialised insurance offering designed to assist organisations in managing the financial implications of US antitrust regulatory reviews during mergers and acquisitions. The company presents the product as part of its broader transactional risk suite, developed to respond to changing ... Read the full article

Non-life run-off deal momentum remained strong in Q1’26, says PwC

1st May 2026

PwC has reported that legacy market momentum continued in the opening three months of 2026, with nine publicly disclosed non-life run-off deals announced by five acquirers, with cumulative gross liabilities of approximately $730 million transacted for the five transactions that disclosed deal values. According to PwC, three of the deals announced ... Read the full article

Japanese regulator proposes stronger oversight of reinsurance, Sidley reports

1st May 2026

Sidley, an international law firm advising insurers and financial institutions on regulatory and transactional matters, has reported on a proposed regulatory development in Japan concerning the supervision of reinsurance arrangements. Sidley notes that Japanese insurers have materially increased their use of reinsurance in recent years, particularly ahead of the introduction of ... Read the full article

Lancashire underweight in Middle East, sees opportunities in PV market: CEO & CUO

1st May 2026

Within the political violence (PV) market, executives at Bermuda-based insurer and reinsurer Lancashire said they expect claims that come through the system from the conflict in the Middle East to exceed premiums, while noting that the firm’s exposure to the region is limited and that it sees opportunities to selectively ... Read the full article

US cat risk reshaped as wildfire and storms define 2025 loss profile: Swiss Re

1st May 2026

With Swiss Re Institute analysis highlighting that ~99.9% of insured natural catastrophe losses in North America in 2025 were driven by secondary perils such as wildfires and severe convective storms (SCS), Monica Ningen, CEO of Property & Casualty Reinsurance US at Swiss Re, has said the year is “another clear ... Read the full article

Ryan Specialty’s total revenue grew 15.2% to $795.2m in Q1’26

1st May 2026

Ryan Specialty Holdings, Inc., an international specialty insurance firm, has reported total revenues of $795.2 million in the first quarter of 2026, a 15.2% increase compared to $690.2 million in the prior-year period. Ryan Specialty attributed the increase in revenue to continued organic revenue growth of 11.8%, driven by new client ... Read the full article

Reinsurance expansion supports Aon’s $5bn Q1’26 revenue

1st May 2026

Aon Reinsurance Solutions contributed $1.28 billion to Aon’s Q1 2026 revenue, helping drive total revenue to $5 billion. This represents an increase of $305 million from Q1 2025, supported by 5% organic growth and a 4% favourable foreign currency impact. Risk Capital revenue rose by $311 million, or 10%, in Q1 ... Read the full article

Hamilton Q1’26 net income reaches $134m, CoR improves to 89.8%

1st May 2026

Hamilton Insurance Group has announced its financial results for the first quarter 2026, reporting a net income of $134 million, up from $80.8 million in Q1 2025, and an improved combined ratio of 89.8%, down from the 111.6% seen in the same period last year. Operating income stood at $166.7 million ... Read the full article

Markel Insurance will not follow a casualty market down, says CEO Wilson

1st May 2026

Simon Wilson, Chief Executive Officer (CEO) at Markel Insurance, said the company continues to see opportunities in the US casualty market, but with rates coming under pressure and competition increasing, he emphasised that Markel will not lose discipline or follow the market down. During Markel Group’s first quarter 2026 earnings call, ... Read the full article

April US SCS & flooding losses to reach into single-digit billions USD: Aon

1st May 2026

A prolonged severe weather outbreak significantly impacted much of the central and southern US on April 23–29, with total economic and insured losses expected to reach into the single-digit billions USD, according to Aon. Large hail, widespread winds, and destructive tornadoes were recorded. North Texas and the Midwest were particularly hard ... Read the full article

Ageas becomes sole owner of AG Insurance, renews bancassurance partnership with BNP Paribas

1st May 2026

International insurance group Ageas has completed the acquisition of the 25% shareholding in AG Insurance SA/NV from BNP Paribas Fortis SA/NV, becoming the sole owner of its Belgian insurance subsidiary. The deal, first announced in December 2025 for a total consideration of €1.9 billion, marks a strategic shift for Ageas ... Read the full article

WTW strengthens global health insurance consulting and technology offering

1st May 2026

WTW, a global advisory and consulting firm specialising in risk, benefits and human capital solutions, has announced via its Insurance Consulting and Technology division that it is expanding its health insurance consulting and technology capabilities across international markets. The company said the development is intended to address increased demand for specialist ... Read the full article

Two-pronged revenue growth strategy lifts Gallagher’s Q1’26 results

1st May 2026

Arthur J. Gallagher & Co. has reported strong Q1 2026 results, with double-digit growth in revenue, earnings, and EBITDA, led primarily by its core brokerage operations. On an as-reported basis, Gallagher's total revenues rose to $4.716 billion for Q1 2026, up from $3.688 billion in the same period of last year. Net ... Read the full article

Majority of $2.8bn Baltimore Bridge loss to hit reinsurance and retro markets: Howden Re

1st May 2026

With recent market disclosures indicating that insured losses from the Baltimore Bridge collapse could exceed $2.8 billion, Hugo Chelton, Managing Director at Howden Re, has suggested that the heaviest impact is likely to fall on major reinsurers and the retrocession market, and that for some participants, the loss could represent ... Read the full article

Thomas Buberl reappointed CEO of AXA for four-year term

1st May 2026

Yesterday, at AXA's Annual Shareholders’ Meeting in Paris, shareholders "overwhelmingly" voted in favour of renewing Thomas Buberl's mandate as Chief Executive Officer (CEO) of the global insurer for a four-year term. Buberl took over as a Director and CEO of AXA on September 1st, 2016, and was reappointed in April 2022 ... Read the full article