Tiernan calls for innovation to become Lloyd’s ‘natural operating rhythm’

In a statement accompanying Lloyd’s H1 2026 results, Chief Executive Patrick Tiernan suggested that addressing challenges such as the protection and perception gaps will require the full power of the Lloyd’s market to be harnessed to manage risks that others cannot, moving beyond isolated innovations in products, capital or structures to make innovation the market’s…

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Corgi insurance launches reinsurance platform, Corgi Re

Corgi Insurance, the AI-native, full-stack insurer, has launched Corgi Re, a reinsurance platform designed to bring underwriting technology, speed, and operational efficiency to the reinsurance market. With this launch, Corgi is expanding its role in the insurance industry to provide capacity and risk management solutions to insurers themselves. Corgi Re combines Corgi’s technology-driven market approach,…

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Viewing AI as a capacity creator rather than a cost-reduction tool can unlock greater value: mea Platform CEO

Re/insurers that view artificial intelligence (AI) as a capacity creator rather than simply a cost-reduction tool can unlock greater value from the technology, according to Martin Henley, CEO of mea Platform. In an interview with Reinsurance News ahead of the annual Rendez-Vous de Septembre in Monte Carlo, Henley emphasised that using AI to reduce costs…

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Oneglobal expands Latin American footprint with LATAM Reinsurance Brokers acquisition

Oneglobal Broking has expanded its Latin American reach with the acquisition of LATAM Reinsurance Brokers Corp. (LATAM RE), an independent reinsurance broker headquartered in Panama City, Panama. LATAM RE was founded in 2008 and is duly licensed by the Superintendencia de Seguros y Reaseguros de Panamá. The firm works closely with insurers and reinsurers across…

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Gallagher appoints Steve Munday as Managing Partner of Natural Resources

Global insurance broker Gallagher has announced the appointment of Steve Munday as Managing Partner of Natural Resources. In his new role, Munday will be responsible for further developing Gallagher’s client portfolio, services and capabilities in its renewables practice area. He will report to Julian Raven, CEO of Natural Resources, and work alongside Duncan Gordon, Head…

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US and Bermuda reinsurers maintain profitability as premium growth slows: AM Best

AM Best, the credit rating agency and provider of insurance industry data and analysis, has reported that a group of leading US and Bermuda reinsurers remained underwriting profitable for a fifth consecutive year in 2025, despite a significant slowdown in premium growth. The findings are contained in AM Best’s latest Best’s Market Segment Report, US…

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