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.
Beazley Security report highlights sharp increase in exploited vulnerabilities and AI-driven cyber attacks in Q1
13th May 2026
Beazley Security, the cyber security services arm of specialist insurer Beazley, has released its Quarterly Threat Report for Q1 2026, detailing a significant rise in exploited vulnerabilities as cyber criminals increasingly use AI-powered methods to accelerate attacks and target software supply chains. The report found that exploited vulnerabilities increased by 43% ... Read the full article
HDI Global partners with mea Platform to expand AI-driven input management across underwriting and claims
13th May 2026
HDI Global, the corporate and specialty insurance division of Germany-based Talanx Group, has entered into a strategic partnership with mea Platform, an insurance-focused artificial intelligence technology provider, to strengthen AI-driven input management across its worldwide underwriting and claims functions. Under the agreement, HDI Global will use mea Platform’s technology to create ... Read the full article
AM Best survey finds rapid AI uptake in insurance sector despite structural barriers
12th May 2026
AM Best, a global credit rating agency specialising in the insurance sector, has surveyed carriers and managing general agents (MGAs) to evaluate the growing influence of artificial intelligence (AI) across the industry. The results indicate that almost 60% of respondents anticipate AI will materially reshape their business models within the next ... Read the full article
Aon updates Climate Risk Monitor 3.0 to assess heat stress and rising cooling demand
12th May 2026
Aon, a global professional services firm focused on risk and insurance-related advisory, has released an updated version of its Climate Risk Monitor platform, enhancing its ability to quantify physical climate risks and support decision-making across industries. The latest release, CRM 3.0, introduces Heat Stress analytics that assess how combinations of temperature, ... Read the full article
Willis report warns Middle East tensions and AI infrastructure growth are reshaping insurance risks
8th May 2026
Willis, the risk advisory and insurance broking division of WTW, has published its latest Insurance Marketplace Realities report, examining how geopolitical tensions and the continued expansion of digital infrastructure are influencing the global insurance sector. In the report, Willis said political risk is becoming a broader concern across international markets, with ... Read the full article
InsurTech enters higher funding phase as AI dominates, says Gallagher Re’s Andrew Johnston
7th May 2026
In a recent interview with Reinsurance News, Andrew Johnston, author of the InsurTech Quarterly report series and Global Head of InsurTech at reinsurance broker Gallagher Re, discussed how investment trends, artificial intelligence, and emerging liability risks are reshaping the insurance and reinsurance market. To start, Johnston highlighted a clear shift ... Read the full article
AI ‘trailblazers’ see 21% higher revenue growth while broader insurance industry lags: Capgemini
7th May 2026
The property and casualty (P&C) insurance sector has reached a “moment of truth" regarding artificial intelligence (AI), marked by a widening competitive divide between a small group of “intelligence trailblazers” and the rest of the industry, a recent Capgemini report states. According to the World Property & Casualty Insurance Report 2026, ... Read the full article
ACORD launches advisory council to align data standards across North American P&C sector
7th May 2026
ACORD, the global standards-setting organisation for the insurance sector, has announced the creation of the ACORD Inter-Association Advisory Council (IAAC). The organisation describes the council as a coalition of major North American property and casualty associations representing independent agents, brokers and intermediaries across the distribution chain. ACORD stated that the initiative is ... Read the full article
RIQ appoints Antoine Bdadouni as CUO
7th May 2026
RIQ, an AI-native reinsurance platform and subsidiary of International Holding Company (IHC), has appointed Antoine Bdadouni as Chief Underwriting Officer (CUO). Launched in June 2025 by global investment company IHC in partnership with BlackRock and Lunate, RIQ is based in Abu Dhabi Global Market (ADGM). The platform provides reinsurance solutions across ... Read the full article
MS Amlin launches property treaty consortium, expanding line size to $67.5m
7th May 2026
Lloyd’s global specialist re/insurer MS Amlin has launched a consortium to expand property treaty capacity for all property Per Risk lines. The Property Treaty Per Risk (PPR) Consortium expands the re/insurer's maximum line size from $50 million to $67.5 million, providing a 35% uplift in capacity for placements while maintaining a ... Read the full article
Global InsurTech funding holds firm as AI dominates Q1’26 investment: Gallagher Re
7th May 2026
Gallagher Re, a global reinsurance brokerage and analytics firm, reports that worldwide InsurTech funding continued at a relatively high level in the first quarter of 2026, as outlined in its latest Global InsurTech Report. The firm recorded total investment of USD 1.63 billion for the quarter. While marginally below the USD ... Read the full article
BMS Group adopts mea Platform’s AI products for advance placement efficiency
6th May 2026
BMS Group, an independent insurance and reinsurance broker, has adopted mea Platform's broking operations products, which are a part of its operational suite, to enhance placement efficiency and drive digital transformation. mea Platform is an AI product company serving the re/insurance sector. The broker states that this move is driven by ... Read the full article
Gallagher launches AI-powered Blueprint framework to optimise insurance programmes
6th May 2026
Gallagher, an insurance brokerage, risk management and consulting firm, has announced the launch of Gallagher Blueprint, a strategic framework designed to help clients strengthen their risk profile and structure more cost-efficient insurance programmes. Gallagher Blueprint combines AI-driven analytics with Gallagher’s proprietary data and deep niche expertise. Built on Gallagher’s established sales methodology, ... Read the full article
Howden Re introduces Cygenesis framework for analysing cyber market cycles
6th May 2026
Howden Re, the reinsurance arm of the Howden Group, has published Cygenesis: Origins of cyber market cycles, a new report examining how different insurance and capital market cycles can be combined into a single framework for understanding the cyber market. The study explores influences shaping the current soft market and outlines ... Read the full article
Verisk integrates insurance analytics & gen AI with Anthropic’s Claude via MCP connectors
5th May 2026
Verisk, a global data analytics and technology provider to the insurance industry, has integrated its reliable insurance analytics and generative AI capabilities with artificial intelligence firm Anthropic's Claude Enterprise. This integration is facilitated by standardised Verisk Model Context Protocol (MCP) connectors, which enable insurance and property restoration professionals to access insights ... Read the full article
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