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.
APAC re/insurance markets face shifting risks and growth pressures: Gallagher Re
16th October 2026
Roshan Perera, CEO of APAC at Gallagher Re, a global reinsurance broker and risk advisory firm, has outlined the key challenges and opportunities facing Asia-Pacific's insurance and reinsurance markets in the company's forthcoming APAC Market Watch report 2026, examining slower premium growth, emerging risks and the strategic opportunities created by ... Read the full article
AI-driven incidents will escalate in frequency once attackers find the right business model: Coalition
16th October 2026
Cyber risk can hold flat for years, then jump sharply once attackers find a way to exploit a new technology; artificial intelligence (AI) appears to be heading down a similar path, cyber insurance specialist Coalition believes. The insurance industry collectively has close to a trillion dollars of cyber insurance limits outstanding. ... Read the full article
Marsh leans into AI growth but warns of systemic cyber exposure: CEO Doyle
15th October 2026
The rapid adoption of artificial intelligence (AI) carries systemic threats that require coordinated industry oversight as its implementation moves to an immediate operational driver across the re/insurance market, Marsh’s President and CEO John Doyle has commented. Speaking on the broker’s strategic positioning, Doyle emphasised that AI is already reshaping risk advisory, ... Read the full article
UK liability claims growth could rise further as legal reforms are reviewed, says Swiss Re
15th October 2026
Swiss Re, a global reinsurance company, has warned that liability insurance claims in the UK could face further cost pressures as the government considers reforms to litigation funding, collective redress and product liability. In a report published by the Swiss Re Institute, Senior Economist Arnaud Vanolli examines how legal and regulatory ... Read the full article
MGT appoints Joe Magdovitz as Head of Finance
15th October 2026
MGT, an AI-native neo-insurer designed to modernise commercial P&C insurance, has announced the appointment of Joe Magdovitz as Head of Finance. In his new role, Magdovitz will lead and grow the company's finance function to support its continued rapid growth across new markets and distribution channels. He will report directly to ... Read the full article
Marsh and Bloomberg New Economy establish coalition to address global risks
14th October 2026
Marsh, a global professional services firm, and Bloomberg New Economy, a platform focused on global economic and business issues, have launched a new coalition aimed at helping organisations respond to emerging risks and identify opportunities for sustainable economic growth. The Competitive Resilience Coalition will bring together senior executives, policymakers and other ... Read the full article
Triple-I warns of increasing cybercrime costs and business exposure
14th October 2026
The Insurance Information Institute (Triple-I), a US-based organisation that provides research, insights and analysis on insurance-related issues, has warned that businesses face mounting financial and operational pressures as cyber threats become more sophisticated and expensive to manage. In its latest members-only report, Commercial Cyber Insurance: State of the Risk, Triple-I examines ... Read the full article
ICW Re selects Ultrassure’s AI workspace to support reinsurance workflows
13th October 2026
Ultrassure, an AI workspace for insurance and reinsurance, has announced that it has been selected by ICW Re, a global multi-line reinsurer, to support certain underwriting, operations and claims-related workflows following a successful pilot. ICW Re is the assumed reinsurance business of ICW Group Insurance Companies, a San Diego-based group of ... Read the full article
African insurance markets face AI opportunities amid continued economic growth
12th October 2026
The African Insurance Organisation (AIO), a pan-African organisation representing the continent’s insurance industry, has published its Annual Report 2026, prepared by consulting firm Faber Consulting, with the findings pointing to continued economic expansion, significant differences in insurance market development between countries and comparatively strong results from regional reinsurers. The report also identifies ... Read the full article
DXC expands insurance technology offering with AI, workflow and London Market initiatives
8th October 2026
DXC Technology, a technology services company that provides software and business process services to the insurance sector, has announced a series of developments covering artificial intelligence, workflow automation and London Market technology. The company revealed the initiatives at its Connect Insurance Executive Forum in London on 7 October, positioning them as ... Read the full article
Sapiens launches insurance-native AI foundation powering SapiensAIP
8th October 2026
Sapiens International Corporation N.V., a provider of AI-centric, SaaS-based insurance software, has announced the launch of Sapiens Brain, the proprietary AI foundation powering SapiensAIP, its AI platform for the insurance industry. In September 2026, Sapiens launched its AI-native Sapiens Autonomous Insurance Platform (SapiensAIP), a SaaS solution designed to help insurers ... Read the full article
Milliman to offer AI-powered expertise in insurance, healthcare and benefits
8th October 2026
Milliman, Inc., a global actuarial and consulting firm, has launched Milliman AI Solutions, a dedicated practice working alongside the firm’s existing insurance, healthcare, and employee benefit teams to offer solutions powered by artificial intelligence (AI). The newly established unit will ensure that AI deployments are grounded in domain expertise and aligned ... Read the full article
Fully autonomous AI expected within three years, newly launched Sapiens index reveals
7th October 2026
Sapiens International Corporation N.V. has launched the inaugural Sapiens Insurance AI Maturity Index, an industry-wide study and annual benchmarking tool designed to evaluate the current landscape, adoption progress, and future aspirations for artificial intelligence (AI) and autonomous decision-making across insurance carriers of all sizes. Conducted by Research in Finance (RiF) and ... Read the full article
Ledgebrook secures $200m equity financing, gets multi-year Allianz reinsurance
7th October 2026
AI-native specialty insurance platform, Ledgebrook, has successfully raised $200 million in primary equity financing, co-led by Allianz X and Rockefeller Capital Management, and has also agreed a multi-year reinsurance agreement with Allianz Re. This $200 million in primary equity financing follows numerous funding rounds for Ledgebrook, which started in August 2022 ... Read the full article
Insurity and ReSource Pro expand partnership to support insurance modernisation
6th October 2026
Insurity, a provider of cloud-based software for insurance carriers, brokers and managing general agents (MGAs), is expanding its partnership with ReSource Pro, an insurance-focused services and technology company specialising in operational support, technology services and implementation. The expanded relationship combines Insurity’s cloud-based insurance software with ReSource Pro’s expertise in insurance operations, ... Read the full article
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