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.
Buyers benefit from strong capacity while insurers tighten risk selection, Aon reports
6th August 2026
Aon, a global professional services firm specialising in risk, retirement and health solutions, has released its Q2 2026 Global Insurance Market Overview, highlighting a continued favourable environment for commercial insurance buyers. The report found that strong insurer capacity, competition and high levels of industry capital continued to support softer market ... Read the full article
Swiss Re CEO says AI is core to Group strategy as re/insurance demand increases
6th August 2026
As demand for insurance and reinsurance continues to rise, in terms of both risk transfer and risk expertise, industry giant Swiss Re has made artificial intelligence (AI) a core pillar of its Group strategy, enabling the firm to better capture growing demand and assist clients in an increasingly complex risk ... Read the full article
Zurich gets $1bn reinsurance protection for data centres as profit hits all-time high of $4.8bn
6th August 2026
For the first half of 2026, large insurer Zurich has reported accelerated growth across all areas, with momentum propelled by specialty, middle market, life and farmers, where demand is being driven by technology advancements, construction, evolving protection needs and shifting market dynamics. To comply with this growing demand, Zurich has entered ... Read the full article
CLARA Analytics launches new integration between its Triage platform and CLARA DocIntel Pro
5th August 2026
CLARA Analytics, a provider of artificial intelligence (AI) technology for commercial insurance claims optimisation, has introduced new integration between its market-leading Triage platform and CLARA DocIntel Pro. This is the industry’s first true unification of document intelligence and predictive claims analytics on a singular platform, demonstrating an automated data path to ... Read the full article
AI expected to deliver gradual benefits and new risks for the insurance sector: Moody’s
5th August 2026
Moody's Ratings, a global credit ratings and financial analysis company, believes artificial intelligence (AI) has the potential to improve efficiency and reshape the insurance sector over the long term. In its latest report, the company says insurers are already introducing AI into selected areas of their operations, although the financial benefits ... Read the full article
Jessica Fields to lead Marsh Risk’s US Semiconductor and AI Compute Practice
4th August 2026
Marsh, the global insurance broker and risk advisory business, has announced the appointment of Jessica Fields to lead Marsh Risk’s US Semiconductor and AI Compute Practice. In this newly created role, Fields will be based in New York and will deliver tailored risk advisory and insurance solutions to clients across the ... Read the full article
Lockton expands availability of AI-enabled intelligence platform across US business
4th August 2026
Lockton, a privately held insurance brokerage and risk management firm, has announced that its Lockton SAGE enterprise intelligence platform is now being made available more widely across its US business. The platform has been developed to combine Lockton’s proprietary data, advanced analytics, AI-enabled technology and specialist knowledge to help clients make ... Read the full article
Resilience analysis shows AI is strengthening existing cyber attack methods
3rd August 2026
Resilience, a cyber risk solutions company helping organisations identify, manage and reduce cyber threats, has released new analysis indicating that artificial intelligence is currently being used primarily to enhance established attack techniques rather than enable widespread new categories of autonomous cyber attacks. The findings, published in Resilience’s 2026 Midyear Cyber Risk ... Read the full article
Marsh provides risk and insurance services for Meta’s Texas AI data centre project
31st July 2026
Marsh, the global insurance broker and risk advisory business, has provided Meta with project risk analysis and insurance services for a new data centre development in Texas, supporting the technology company’s continued expansion of its AI infrastructure. The work relates to Meta’s planned data centre campus in El Paso, Texas, which ... Read the full article
Markel Insurance expands AI strategy with Bain partnership, launching Cortex unit
30th July 2026
During Markel's Q2 2026 earnings call, Simon Wilson, Chief Executive Officer of Markel Insurance, said artificial intelligence (AI) is increasingly being deployed across the business, highlighting the launch of Cortex, a new business unit developed in partnership with Bain & Company to reimagine how hard-to-place U.S. casualty risks are underwritten ... Read the full article
Aon views generative AI as an accelerant for long-term strategy: CEO Case
30th July 2026
Greg Case, Chief Executive Officer (CEO) of global professional services firm Aon, said the company does not see artificial intelligence (AI) as a standalone strategy, but rather as an accelerant of what it has already been working on for many years. Speaking during Aon's Q2 2026 earnings call, Case explained ... Read the full article
IAG partners with OpenAI to explore agent-based voice solutions
29th July 2026
Australian insurer IAG has partnered with OpenAI to explore agent-based voice solutions that help its employees in Australia deliver better service and support to customers. Powered by the newly launched agentic system, OpenAI Presence, IAG will initially explore opportunities to enhance claims delivery, focusing on supporting customer responses and scaling capabilities ... Read the full article
Cowbell introduces OMNI, an AI-native decision intelligence system for specialty insurance
28th July 2026
Cowbell, a provider of AI-native cyber and specialty insurance solutions for small and medium-sized enterprises (SMEs), has launched OMNI, an AI-native Decision Intelligence System designed to support the future development, underwriting, and delivery of specialty insurance products. The platform is built on Cowbell’s integrated AI-enabled technology platform and global risk pool ... Read the full article
AI creates new competitive dynamics across the insurance sector: McKinsey & Company
28th July 2026
In a recent analysis, McKinsey & Company, a management consulting firm, examines how artificial intelligence (AI) could influence the future direction of the global insurance sector, arguing that insurers, distributors and technology providers that prepare early may be better positioned as industry structures evolve. According to McKinsey & Company, the ... Read the full article
Aon launches AI Risk Diagnostic to help organisations manage AI risks
28th July 2026
Aon, a global insurance and reinsurance broker and risk advisor, has launched its AI Risk Diagnostic, an enterprise-level assessment designed to help organisations understand and manage AI-related risk. As AI becomes increasingly embedded across business operations, the diagnostic provides a structured view of AI governance, maturity and risk exposure to support ... Read the full article
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