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.

2025 insured cat losses total $129bn, with US accounting for 78%, says Gallagher Re

21st January 2026

Gallagher Re, the reinsurance broking and advisory firm, released its full-year Natural Catastrophe and Climate Report for 2025, reporting that global natural catastrophe losses during 2025 were largely manageable for the re/insurance sector, with total insured losses for the year estimated at USD 129 billion, which is around 5% below ... Read the full article

Zurich Resilience Solutions launches specialised Data Center Risk Advisory practice

20th January 2026

Zurich Resilience Solutions (ZRS), part of Zurich Insurance, has announced the formation of a specialised Data Center Risk Advisory practice, featuring more than 100 engineers focused on risk prevention and mitigation throughout the entire life cycle of data centers, particularly hyperscale and AI-driven facilities. The formation of this practice significantly expands ... Read the full article

AXIS Capital report shows executive divides on AI risk and cyber preparedness

20th January 2026

AXIS Capital Holdings Limited, a specialty re/insurer, has published new research examining how artificial intelligence (AI) is reshaping the risk environment, based on perspectives from Chief Executive Officers and Chief Information Security Officers. In commissioning this study, AXIS Capital surveyed 500 CEOs and CISOs across the United States and the United ... Read the full article

Insurance CEO confidence in revenue growth down 18% for 2026: PwC

20th January 2026

PwC’s 29th Global CEO Survey has revealed that just 46% of insurance CEOs are confident about their company's prospects for revenue growth over the next 12 months, an 18% dip from 56% in 2025. The company's latest CEO survey is based on responses from 4,454 CEOs across 95 countries and territories, ... Read the full article

SCOR supports major new AI infrastructure insurance facility as lead insurer

16th January 2026

Global reinsurer SCOR has joined a consortium of more than 10 leading re/insurers to back a recently launched insurance facility designed to support artificial intelligence (AI) and data centre infrastructure. Introduced by Advanced Technology Assurance (ATA), and valued at up to $750 million, this facility is described as the first ... Read the full article

Travelers teams up with Anthropic to enhance AI capabilities for engineers and analysts

15th January 2026

Insurance and risk management firm Travelers Companies, Inc., and AI research company Anthropic announced a collaboration to expand Travelers’ AI-enabled engineering and analytics capabilities. About 10,000 of Travelers’ engineers, data scientists, analysts, and product owners will use Anthropic’s personalised AI assistants to support and accelerate software, analytics, and machine learning model ... Read the full article

FM expands capacity to strengthen support for data centres and digital infrastructure

14th January 2026

FM, a commercial property insurer, has announced a major increase in capacity to support its global FM Intellium clients and the data and power generation sectors, providing unmatched coverage limits and risk management expertise. Building on nearly 200 years of engineering experience and partnerships with businesses worldwide, FM can now offer ... Read the full article

Geopolitical divides and tech challenges top 2026 risk agenda: Marsh & Zurich

14th January 2026

Commenting on the World Economic Forum’s Global Risks Report 2026, Marsh and Zurich have highlighted deepening geopolitical divides, alongside mounting technological and societal challenges, as key forces shaping the business landscape in the year ahead. As strategic partners of the World Economic Forum and members of its Global Risks Advisory Board, ... Read the full article

Aon lifts Data Center Lifecycle Insurance Program to $2.5bn

14th January 2026

Global insurance and reinsurance broking group Aon has expanded its proprietary Data Center Lifecycle Insurance Program (DCLP) by $1 billion, or 67% taking total capacity to $2.5 billion, driven by greater investment in cloud computing, artificial intelligence (AI), and digital infrastructure. Aon launched the proprietary multi-line insurance facility last year ... Read the full article

AI-driven disruption to reallocate rather than increase insurance demand: Swiss Re Institute

13th January 2026

As the artificial intelligence (AI) boom expands new insurable asset classes and increases exposure to new liability and cyber risks, Swiss Re Institute, part of the global reinsurer, expects AI-driven disruption to reallocate rather than add demand for insurance. New research from Swiss Re Institute explores the rise of AI and ... Read the full article

ATA introduces $750m insurance facility to support global AI infrastructure

13th January 2026

Advanced Technology Assurance Limited (ATA), a specialist re/insurance company, has introduced a new insurance facility valued at up to $750 million to support the global expansion of AI infrastructure, a sector expected to attract nearly $7 trillion in investment by 2030. The ATA Global Data Centre & AI Infrastructure Insurance facility ... Read the full article

Corgi secures $108m to expand AI-native insurance platform for startups

13th January 2026

Corgi, a technology-driven insurance company, has secured $108 million in total financing from a group of investors that includes Y Combinator, Kindred Ventures, Contrary, Oliver Jung, Glade Brook Capital Partners, Seven Stars, Leblon Capital (Andrej Henkler, Fadwa Ouardani), Fellows Fund, Alumni Ventures, Quadri Ventures, Vocal Ventures, Phosphor Capital, SV Angel, ... Read the full article

2026 the year of AI disillusionment: CyberCube

12th January 2026

CyberCube has forecast that 2026 will usher in a phase of AI disillusionment, as boardroom optimism and conference hype collide with the constraints of legacy systems, fragmented data, and regulatory caution, though those that apply AI with discipline and focus will still reap rewards. "As the cyber insurance ecosystem continues to ... Read the full article

Allianz partners with Anthropic to accelerate adoption of responsible AI

12th January 2026

Allianz SE, a holding company of the Allianz Group, has announced a global partnership with Anthropic, an artificial intelligence (AI) research and development company, to accelerate responsible AI in insurance. The collaboration focuses on three key projects within Allianz Group designed to empower Allianz employees and accelerate operations, while setting new ... Read the full article

2026 to mark a decisive shift toward operationalised AI: Xceedance

5th January 2026

In 2026, insurers will move from experimenting with AI to scaling it with human oversight, stronger governance, and decisions driven by real-time data for underwriting, Travis MacMillian, president of the Americas at Xceedance, has suggested. Xceedance said 2026 will represent a decisive shift toward operationalised AI, real-time risk intelligence, and participatory ... Read the full article