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Reinsurance industry normalising after exceptionally strong period: BCG

Boston Consulting Group (BCG) analysts have said the reinsurance industry is normalising after an “exceptionally strong period” of improving pricing, robust returns, and rapid balance-sheet growth, in its new 2026 Insurance Value Creators Report. Over the five years through 2025, reinsurance generated average annual total shareholder returns (TSR) of 19.1%, but one-year TSR fell sharply…

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US P&C underwriting gains improved in H1’26, but performance varied by line of business and geography: Verisk

US property and casualty (P&C) insurers have posted strong underwriting gains of $31.7 billion through the first half of 2026, up from the $11.6 billion recorded through midyear 2025, according to Verisk and the American Property Casualty Insurance Association (APCIA) data, yet line-specific and geographic challenges persist. Net written premium growth slowed to 2.1%, reflecting…

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Sompo Japan partners with ICEYE to enhance flood response capabilities

To improve its flood response capabilities and assist policyholders during natural disasters, Sompo Japan Insurance Inc., a provider of property and casualty insurance services in Japan, has partnered with ICEYE, a specialist in satellite-based disaster management solutions, to deploy its Flood Insights solution. The adoption of satellite data like ICEYE’s Flood Insights forms part of…

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christian dunleavy conduit re ceo

Christian Dunleavy to take over as CEO of Conduit

Conduit Holdings, the parent company of Bermuda-based reinsurance business Conduit Re, has announced that Christian Dunleavy will become CEO and join the Board as an Executive Director on 1 March 2027, succeeding Neil Eckert, who will step down from both roles to join specialist global reinsurance broking and advisory business Willis Re. Dunleavy has more…

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Delegated underwriting reshapes global insurance markets, Moody’s finds

Moody’s Ratings, the credit rating agency, has published a report examining the rapid growth of delegated underwriting across global insurance markets and its implications for insurers’ business models, profitability and competitive positioning. According to Moody’s, delegated underwriters such as managing general agents (MGAs), Lloyd’s cover holders and broker facilities are playing an increasingly significant role…

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Willis Re names Neil Eckert as CEO

Willis Re, a global specialist in reinsurance broking and advisory services, has appointed Neil Eckert as its new Chief Executive Officer (CEO). Eckert will oversee Willis Re’s global broking and advisory strategy and work with the wider leadership team to support the company’s growth across its platforms. With around 40 years of experience across reinsurance,…

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