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.
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
Lockton and ChAI form strategic partnership to address commodity market risk
5th May 2026
Lockton, a global independent insurance brokerage, has announced a strategic partnership with ChAI, an artificial intelligence-led specialist in commodity intelligence and raw material insurance, aimed at helping organisations better understand and manage risks linked to global commodity markets. The collaboration brings together Lockton’s international risk advisory and insurance expertise with ChAI’s ... Read the full article
AI advancing faster than expected as AIG builds multi-agentic solution: CEO Zaffino
1st May 2026
Peter Zaffino, Chairman and CEO of AIG, said artificial intelligence (AI) has advanced at a faster pace than expected over the past nine months, as he outlined the company’s next phase of AI deployment, focused on developing a multi-agentic solution with an orchestration layer coordinating specialised AI agents. During AIG’s First ... Read the full article
ACORD report highlights profitability gap driven by digital execution among global insurers
30th April 2026
ACORD, the international body responsible for insurance data standards, has released its 2026 Insurance Digital Maturity Study assessing how digital capability is being translated into business performance across the sector. The analysis covers 210 of the world’s largest insurers across property and casualty, life, and reinsurance lines, and identifies that only ... Read the full article
Data and AI give MGAs a competitive edge, says Xceedance’s Lillywhite
30th April 2026
In a recent interview with Reinsurance News, Gavin Lillywhite, Senior Vice President of Business Development at Xceedance, discussed how data analytics and generative AI (GenAI) can elevate the Managing General Agent (MGA) business model. “There has been much fanfare and hype in the market about the potential of agentic AI to ... Read the full article
Fuse introduces Mark, AI submission scoring system for commercial insurance using live market intelligence
30th April 2026
Fuse, an AI intelligence platform focused on the commercial insurance sector, has introduced Mark, a new solution designed to assess insurance submissions against live market data. The launch follows the company’s recent release of Watch, its live peril dashboard for commercial insurance, which maps active risk events across ... Read the full article
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