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Artificial intelligence (AI) has advanced faster than expected over the past nine months, said AIG Chairman and CEO Peter Zaffino, who outlined the company’s next phase of AI deployment focused on developing multi-agent solutions with an orchestration layer that coordinates specialized AI agents. During AIG’s first-quarter 2026 earnings call, Zaffino emphasized the potential of artificial…
Consulting, brokerage and solutions firm Willis has launched Merger Protect, a specialized insurance product designed to help organizations manage the financial impact of US antitrust regulatory scrutiny during mergers and acquisitions. The firm is launching the product as part of its wider transaction risk suite, designed to address the evolving challenges in the M&A space….
PwC reported that traditional market momentum continued in the first three months of 2026, with five acquirers announcing nine publicly disclosed non-life insurance runoff transactions, with cumulative total liabilities of approximately $730 million for the five transactions that disclosed transaction value. PwC said there were three debt deals announced in the first quarter of 2026…
Sidley Austin, an international law firm that advises insurance companies and financial institutions on regulatory and transactional matters, reports on proposed regulatory developments in Japan regarding the regulation of reinsurance arrangements. Sidley noted that Japanese insurers have significantly increased their use of reinsurance in recent years, particularly ahead of the launch of the Japan Economic…
In the political violence (PV) market, executives at Bermuda-based insurers and Lancashire Reinsurance said they expected claims from conflicts in the Middle East to outstrip premiums through the system, while noting the company had limited exposure to the region and saw opportunities to selectively underwrite new business. During Lancashire Holdings Ltd.’s first quarter 2026 earnings…
Analysis from the Swiss Re Institute highlights that by 2025, about 99.9% of natural catastrophe losses in North America will be caused by secondary disasters such as wildfires and severe convective storms (SCS). Monica Ningen, CEO of Swiss Re U.S. Property & Casualty Re, said that the year is “another clear signal” that the risk…
Ryan Specialty Holdings, Inc., an international specialty insurance company, reported total revenue of $795.2 million in the first quarter of 2026, an increase of 15.2% from $690.2 million in the same period last year. Ryan Specialty attributed the increase in revenue to continued organic revenue growth of 11.8%, driven by new customer wins and expansion…
Aon Reinsurance Solutions contributed $1.28 billion to Aon’s first-quarter 2026 revenue, helping push total revenue to $5 billion. This represents an increase of $305 million compared to the first quarter of 2025, driven by organic growth of 5% and favorable foreign exchange effects of 4%. In the first quarter of 2026, venture capital revenue increased…
Hamilton Insurance Group announced its financial results for the first quarter of 2026. Net profit was US$134 million, up from US$80.8 million in the first quarter of 2025. The combined ratio improved to 89.8%, down from 111.6% in the same period last year. Operating income for the quarter was $166.7 million, compared with operating income…
Markel Insurance chief executive officer (CEO) Simon Wilson said the company continued to see opportunities in the US casualty market, but with rates coming under pressure and competition increasing, he stressed that Markel would not lose discipline or follow the market down. During Markel Group’s first-quarter 2026 earnings call, Wilson noted that opportunities still exist…