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.
AM Best affirms stable outlook for the global cyber insurance segment
15th July 2026
AM Best, the global credit rating agency and information provider specialising in the insurance industry, has confirmed a stable outlook on the global cyber insurance segment in it's latest Market Segment Report, Market Segment Outlook: Global Cyber Insurance. The rating agency's assessment reflects continued demand for cyber cover despite a softer ... Read the full article
Dun & Bradstreet expands Claude integration with AI-powered commercial insurance underwriting capabilities
13th July 2026
Dun & Bradstreet, a business data and analytics company specialising in commercial intelligence and risk solutions, has launched new insurance capabilities within Anthropic's Claude AI platform, enabling insurers and brokers to access the company's verified business information and risk intelligence during commercial underwriting. The new integration connects Dun & Bradstreet's Commercial ... Read the full article
Mexico’s GNP Seguros to leverage Palantir’s AI platform to strengthen insurance coverage
13th July 2026
Palantir Technologies Inc., a software company that specialises in big data integration, analytics, and artificial intelligence, has expanded its footprint in Mexico with its partnership with GNP Seguros (Grupo Nacional Provincial), the country’s largest insurer and part of the Grupo BAL consortium. This alliance marks a milestone for Palantir, as GNP ... Read the full article
AI infrastructure investment is reshaping commercial risk pools: Swiss Re
10th July 2026
The rapid construction of increasingly large and complex data centres has triggered a surge in demand for insurance, fuelled by growing investment in artificial intelligence (AI) infrastructure, energy systems and semiconductor manufacturing. According to Swiss Re’s Sigma 2026 report, AI hyperscaler capital expenditure is expected to reach $750 billion in ... Read the full article
Favourable commercial insurance market offers opportunities for US buyers: Lockton
9th July 2026
Lockton, a privately owned and independent insurance broker, says conditions remain favourable for US commercial insurance buyers across most classes of cover, creating opportunities to strengthen insurance programmes and secure long-term value. However, the company warns that changing economic conditions, geopolitical uncertainty and wider industry disruption could alter market dynamics in ... Read the full article
Hyperexponential launches Hyperoperator to automate commercial P&C underwriting workflows
8th July 2026
Hyperexponential (hx), a technology company that develops underwriting and pricing software for commercial property and casualty (P&C) insurers, has introduced Hyperoperator, an AI-powered underwriting agent designed to progress broker submissions from initial receipt to a decision-ready file while operating within an insurer's existing pricing models, underwriting appetite and delegated authority ... Read the full article
Swiss Re Institute forecasts non-life premium growth to slow to 0.6% in 2026
8th July 2026
Global non-life premium growth is forecast to slow to 0.6% in real terms in 2026, reflecting competitive pricing conditions and moderating economic momentum, according to Swiss Re Institute, part of the global reinsurer. The softening of non-life premium growth is well below the long-term trend of 3.6% (2015–2024 compound annual growth ... Read the full article
Quotech and Provectus deliver AI-powered underwriting tech to Convex’s new MGA platform
8th July 2026
Quotech, a developer of integrated technology solutions for underwriting and broking teams, partners with Provectus, an AI systems integrator, to develop new AI-powered underwriting tools for MGA Kinetic Insurance Services. For Convex, the collaboration represents a strategic move to embed high-fidelity data directly into the underwriting workflow. To stand out in the ... Read the full article
Duck Creek acquires Send Technology to strengthen AI-driven underwriting capabilities
7th July 2026
Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has acquired Send Technology Solutions Ltd, an AI-native underwriting orchestration engine. The acquisition creates the industry’s first agentic solution to unite core insurance operations and intelligent underwriting workflows across the policy lifecycle for multiple operating ... Read the full article
Autonomous sees slower commercial pricing, mixed growth signals for US P&C insurers
6th July 2026
Autonomous, an independent investment research firm, expects the second-quarter 2026 earnings season for US property and casualty (P&C) insurers to centre on slowing commercial insurance pricing, the balance between profitability and growth in personal lines, and the ability of insurance brokers to maintain organic growth in a softer market environment. The ... Read the full article
Competitive pressures and AI driving insurers to step up automation in underwriting: Sollers
3rd July 2026
Driven by intensifying competitive pressures, a softening market and rapid advances in artificial intelligence, four in 10 insurers are now using AI in underwriting, a move that marks a pivotal phase in their digitalisation, according to new research by Sollers Consulting. The automation of underwriting is rapidly becoming a strategic priority ... Read the full article
Reinsurers expanded options, embraced flexible structures at US property mid-year renewals: Aon
3rd July 2026
Global professional services firm Aon says reinsurers were increasingly willing to offer more flexible structures and broader coverage options during the US property mid-year 2026 renewals, allowing insurers to enhance protection and make greater use of tailored reinsurance solutions as market conditions remained favourable for buyers. In its Reinsurance Market Dynamics ... Read the full article
Insurance sector leads in AI readiness improvements: Accenture
2nd July 2026
Insurance companies recorded the fastest gains in AI readiness compared with other industries globally, reflecting significant progress in transforming processes and modernising data foundations, according to Accenture’s AI Progress Barometer. Accenture, a global professional services company, has released findings from its inaugural AI Progress Barometer, which tracks how AI readiness among ... Read the full article
Cyber risk is having a greater financial and operational impact on businesses: Aon
30th June 2026
Insurance and reinsurance broker Aon believes that although cyber security investment has increased rapidly in recent years, cyber insurance still represents only a small proportion of overall cyber spending. The company argues that as cyber incidents generate greater operational and financial losses, many organisations continue to retain significant cyber-related financial exposure ... Read the full article
Mayflower and Hadron launch US dedicated affirmative AI liability program
29th June 2026
Mayflower Specialty, Ltd., a New York-based managing general agent, and Hadron, a multinational specialty carrier, have launched the first dedicated affirmative artificial intelligence liability program in the United States. Underwritten by Mayflower and issued through Hadron, these policies provide explicit coverage across the full management-liability triad: errors and omissions (E&O), employment ... Read the full article
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