Reinsurance News
Artificial intelligence in insurance and reinsurance news
Read all of our news on the growing use of artificial intelligence technologies in the insurance and reinsurance industry.
Artificial intelligence (AI) promises to enhance risk modelling and data analytics capabilities for insurers and reinsurers, while also offering new ways to deliver insurance and reinsurance products and support customers as well.
In addition to the use of artificial intelligence (AI) to enhance underwriting and operations, insurance and reinsurance market participants are also increasingly focusing on product development to provide risk transfer protection to support the AI and tech data centre build-out, seeing this as a significant and growing opportunity.
Insurers using advanced analytics and AI deliver stronger results: WTW survey
19th March 2026
North American property and casualty (P&C) insurers that invested more resources into advanced analytics and AI generated higher profitability and stronger premium growth, according to a new survey from WTW. WTW’s 2026 Advanced Analytics & AI Survey asked 59 P&C insurers in the US and Canada, drawing insights from senior executives ... Read the full article
Munich Re’s HSB launches AI Liability Insurance for small businesses
19th March 2026
HSB, a specialty insurer and part of Munich Re, has introduced a new liability insurance coverage that protects businesses from lawsuits arising from the use of artificial intelligence (AI) technologies. The AI Liability Insurance is designed for small and medium-sized companies, which increasingly rely on AI to boost productivity, reduce costs, ... Read the full article
AI editing tools linked to rising insurance fraud, Verisk reports
18th March 2026
Artificial intelligence-powered editing tools are becoming a routine part of digital life, and data analytics and technology provider Verisk reports that their growing use is now influencing behaviour within insurance claims. In its latest Verisk State of Insurance Fraud study, the company states that 36% of consumers would consider altering a ... Read the full article
Markel International names Maureen Tomlinson as Head of AI and introduces AI Centre of Enablement
16th March 2026
Markel International, the international insurance business of Markel Group Inc., has appointed Maureen Tomlinson as Head of Artificial Intelligence and announced the creation of an AI Centre of Enablement. Markel International forms part of Markel Group’s global insurance operations and provides specialist insurance solutions across a range of sectors and regions. ... Read the full article
McGill and AIG collaborate to transform subscription market with AI-driven underwriting
16th March 2026
McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI. As part of the collaboration, AIG conducted a detailed review of McGill and Partners’ specialty portfolio, reportedly confirming its strength and ... Read the full article
AI-related risks rank highest for long-term emerging risks among C-Suite
13th March 2026
According to a survey jointly published by the Casualty Actuarial Society and the Society of Actuaries, 60% of C-suite respondents said technological and economic risks will have the greatest impact on their organisations in the next three years or more, with AI adverse outcomes among the most impactful risks. The survey ... Read the full article
Hong Kong financial regulators introduce GenA.I. Sandbox++ to support innovation in financial services
11th March 2026
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandatory Provident Fund Schemes Authority (MPFA) have launched the Generative Artificial Intelligence (GenA.I.) Sandbox++ initiative, in partnership with Hong Kong Cyberport Management Company Limited (Cyberport). The HKMA, SFC, IA, and MPFA serve as Hong Kong’s key ... Read the full article
Data centres are insurable but size and scale pose challenges: Marsh execs
10th March 2026
Marsh executives affirmed that data centres are an insurable asset class, however, their sheer size and scope create challenges, noting that these multi-billion-dollar facilities require careful risk engineering and strong engagement between project sponsors and re/insurers. Speaking during the recent Digital Infrastructure Press Webinar hosted by Marsh, Mike Matthews, Global Digital ... Read the full article
Digital infrastructure one of the largest opportunities for reinsurers: Guy Carpenter’s Goodman
9th March 2026
At a recent Digital Infrastructure Press Webinar hosted by Marsh, a global insurance broker and risk advisor, speakers discussed how the scale, concentration and complexity of modern data centre projects are reshaping risk for insurers and reinsurers, while also creating major opportunities for capital deployment. The discussion featured Jeremy Goodman, Chief ... Read the full article
TD Cowen: AI likely to augment rather than replace insurance brokers
9th March 2026
A new analyst report from US-based investment bank and research firm TD Cowen argues that concerns about artificial intelligence (AI) fundamentally disrupting the insurance brokerage sector may be exaggerated, with the firm suggesting that the technology is more likely to enhance brokers’ capabilities than eliminate their role. The analysis, led by ... Read the full article
Lockton Re to deploy agentic AI to streamline, drive growth
9th March 2026
Lockton Re, the reinsurance business of global broking group Lockton, has collaborated with Synechron (formerly known as Cloobees), a global digital transformation consulting firm, to launch the Agentforce 360 Platform, Salesforce’s agentic platform. This launch comes as the broker embraces AI, and notably agentic AI as a core part of its ... Read the full article
Commercial insurers best positioned to benefit from AI in P&C sector: Goldman Sachs
6th March 2026
Goldman Sachs, an investment bank and financial services company, has published an analysis exploring how artificial intelligence could influence the property and casualty (P&C) insurance sector. In the report, Goldman Sachs says it has developed what it describes as "an initial framework to assess the impact of AI across P&C insurance ... Read the full article
Insurance AI deployments jump 87% as GenAI and agentic systems expand, says Evident
6th March 2026
The global insurance sector has seen an 87% year-on-year increase in artificial intelligence deployments, according to research by Evident, a London-based provider of AI intelligence and analytics for the insurance industry. Using its Evident AI Use Case Tracker for Insurance, which it describes as a comprehensive database of AI initiatives in ... Read the full article
Julie McKenna named VP of Sales, North America at mea Platform
6th March 2026
mea Platform, an AI-driven insurance technology company, today announced that Julie McKenna has been appointed Vice President of Sales, North America. The move strengthens mea’s leadership team as the company scales mea Operations, following a $50 million growth equity investment from SEP. McKenna brings nearly 30 years of experience across the property ... Read the full article
BirdsEyeView launches AI Data Scrubbing to streamline hazard modelling
5th March 2026
BirdsEyeView, a European Space Agency-backed Insurtech specialising in natural catastrophe modelling and exposure management, has launched AI Data Scrubbing, a new capability designed to automate Statement of Values (SOV) data cleaning and geolocation to support large-scale hazard modelling. AI Data Scrubbing uses advanced artificial intelligence (AI) to clean, standardise and geolocate ... Read the full article
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