Insurance - Advertisement Shout

SEADRIF reports further progress in expanding disaster risk insurance across Southeast Asia

Emily8 minutes ago05 mins

The Southeast Asia Disaster Risk Insurance Facility (SEADRIF), a regional organisation working to strengthen financial protection against disasters and climate-related risks, has outlined progress made during 2025 and identified areas requiring further development in its latest annual report. Titled Protecting What Matters: Scaling Disaster and Climate Risk Insurance Across Southeast Asia, SEADRIF’s 2025 Annual Report…

Accelerant’s exchange written premium grew 23% to $1.1bn in Q2’26

Emily2 hours ago05 mins

For the second quarter of 2026, Accelerant Holdings, the data-driven risk exchange platform active in the specialty insurance marketplace through the Accelerant Risk Exchange, has reported growth of 23% year-over-year in exchange written premium to USD 1.32 billion from USD 1.07 billion in Q2’25. For the half-year 2026, Accelerant reported growth of 20% year-over-year in…

Arch Insurance Intl. appoints James Mecham as Deputy CUO for Long Tail Lines

Emily3 hours ago2 hours ago03 mins

Arch Insurance International (Arch), the international insurance business of Arch Capital Group, has appointed James Mecham as Deputy Chief Underwriting Officer (CUO) for Long Tail Lines, effective immediately. Mecham will work alongside Mike Lay, CUO of Long Tail Lines, in supporting the underwriting strategy for the business. His responsibilities will include the long tail portfolios…

Reports suggest Colombia quake will drive insured losses across multiple lines in LatAm market

Emily16 hours ago2 hours ago05 mins

Higher earthquake insurance penetration in Colombia is expected to mean the magnitude 7.4 quake that struck the country will generate an insured loss for the wider Latin American insurance market, according to global reinsurance broker Guy Carpenter, a Marsh business. The earthquake struck western Colombia on 10 August, with its epicentre near San José del…

New data creates opportunity for insurers to protect properties more effectively against wildfires: Cotality

Emily17 hours ago2 hours ago05 mins

New property-level data reveals how fire spreads between homes, offering insurers and homeowners a critical opportunity to identify extra steps that can be taken to reduce risk and enhance resilience, according to a recent Cotality report. Cotality’s 2026 Wildfire Risk Report found that over 2.5 million properties across the 10 most exposed states in the…

GIC Re sees increased profit and gross premium income in Q1’27

Emily18 hours ago2 hours ago02 mins

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has announced its latest financial results, reporting increased profit after tax and gross premium income of ₹1,922.04 and ₹13,475.36 crore, respectively, for the first quarter ending June 30, 2026. Q1 2027 profit after tax was up from the ₹1,752.23 crore reported for the…

Swiss Re and SAS partner to support insurers with AI-driven risk intelligence

Emily18 hours ago2 hours ago07 mins

Swiss Re, the global reinsurance provider, has entered into a strategic partnership with SAS, a provider of data and artificial intelligence technologies, to help insurers improve how they assess, price, and manage risk. The partnership will bring together Swiss Re’s catastrophe risk expertise and CatNet natural catastrophe intelligence with SAS’ AI, analytics and actuarial modelling…

LM Re & Safehub make ‘first-of-its-kind’ parametric earthquake payout in Peru

Emily19 hours ago2 hours ago04 mins

Liberty Mutual Reinsurance Group (LM Re), part of Liberty Mutual Insurance Group, and Safehub have issued a payout for the magnitude 5.8 earthquake in Peru that triggered Safehub’s Shake Network. According to the pair, the earthquake that struck Ica on 19 May 2026 produced significant ground acceleration at multiple client locations. The policy, which is…

Midwest severe storms could generate billions in insured losses, Guy Carpenter warns

Emily19 hours ago2 hours ago03 mins

A severe convective storm outbreak that swept across the US Midwest between August 9 and 11 could generate insured losses running into the billions of dollars, according to a recent report from Guy Carpenter. The reinsurance broker, which is part of Marsh, said the event could rank among the 10 largest US severe convective storm…

Accelerant heads back to private ownership with Thoma Bravo acquisition

Emily19 hours ago2 hours ago07 mins

Data-driven risk exchange platform Accelerant has entered into a definitive agreement with Thoma Bravo to become a privately held company in an all-cash transaction with an enterprise value of more than $4 billion. In connection with the deal, Accelerant’s Board of Directors established a Special Committee composed solely of independent and disinterested directors to review…