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Property cat rate declines to slow at Jan 1, supply of capital now much more disciplined: RenRe CUO

Global reinsurer RenaissanceRe (RenRe) expects property catastrophe rate declines to decelerate at the January 1 renewals, and also anticipates the market will remain disciplined with respect to terms and conditions and structures, noting that the supply of capital willing to accept risk is much more disciplined than it was a decade ago. This was the…

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EverPeak appoints Patrick Daley as CUO

EverPeak Insurance, a United States-based workers’ compensation insurer, has appointed Patrick Daley as its new Chief Underwriting Officer (CUO). In his new role, Daley will lead underwriting strategy and quality standards across all EverPeak lines of business. He will build a new value proposition for the insurer’s workers’ compensation middle market business and lead the relaunch…

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QIC gross premiums grew 9% to QR 8.5bn in 9M’26

Qatar Insurance Company (QIC) has reported gross written premiums of QR 8.5 billion for the first nine months of 2026, a 9% increase from the same period a year earlier. QIC said the increase in gross written premiums was underpinned by selective growth across its domestic, regional and international portfolios, achieved while maintaining underwriting discipline…

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Verisk expands insurance intelligence access across AI platforms

Verisk, a strategic data analytics and technology partner to the global insurance industry, has broadened insurers’ access to its proprietary intelligence through enterprise AI platforms. The firm has unveiled new integrations with Amazon Quick and Microsoft Copilot, alongside expanded offerings within Anthropic’s Claude. According to Verisk, the expansion provides insurers with broader, controlled, and permissioned…

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Economic Growth To Slow Next Year Despite Labour Pledges

The UK growth forecast has fallen to 1% for next year, according to the country’s public finances watchdog. In a new report published on Wednesday along with the first Budget of Andy Burnham’s government, the Office for Budget Responsibility (OBR) predicted rising inflation would slow down anticipated economic growth. While UK gross domestic product (GDP)…

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