Insurance Archives

Verisk integrates insurance analytics & gen AI with Anthropic’s Claude via MCP connectors

Emily5 hours ago05 mins

Verisk, a global provider of data analytics and technology for the insurance industry, has integrated its robust insurance analytics and generative artificial intelligence capabilities with artificial intelligence company Anthropic’s Claude Enterprise. The standardized Verisk Model Context Protocol (MCP) connector facilitates this integration, allowing insurance and property restoration professionals to conversationally gain insights in a secure,…

Bowhead Specialty reports 24% increase in GWP for Q1’26

Emily6 hours ago02 mins

Bowhead Specialty reported total written premiums increased 24% to $216.7 million in the first quarter of 2026, driven by a growing renewal portfolio and continued expansion across all segments. The casualty insurance segment led the way, with premiums increasing by 20.4% to US$147.3 million; medical liability insurance increased by 28% to US$30.4 million; professional liability…

ADB issues inaugural catastrophe bonds for Kyrgyz Republic & Tajikistan

Emily6 hours ago06 mins

The Asian Development Bank (ADB) has issued its first tranche of disaster relief bonds (DRBs), also known as catastrophe bonds, with two deals covering earthquake and extreme precipitation risks in Tajikistan and the Kyrgyz Republic. The DRB will provide rapid, targeted financial support to both countries following a severe earthquake or flood event, based on…

Lockton and ChAI form strategic partnership to address commodity market risk

Emily7 hours ago02 mins

Lockton, a global independent insurance broker, has announced a strategic partnership with ChAI, an artificial intelligence-led commodity intelligence and raw materials insurance specialist, designed to help organizations better understand and manage risks associated with global commodity markets. The collaboration combines Lockton’s international risk advisory and insurance expertise with ChAI’s forward-looking commodity intelligence, enabling Lockton to…

CyberCube’s analytics platform Broking Manager new feature to support international cyber market growth

Emily7 hours ago02 mins

CyberCube, a provider of cyber risk analytics serving the insurance industry, has launched a new feature in its Broking Manager tool to support growth in the Asia Pacific, Middle East and Latin America cyber markets. Brokers will now be able to use the regional risk transfer benchmarking tool, which has been added to CyberCube’s analytics…

Slide expands homeowners coverage to California at ‘critical time’ for state

Emily7 hours ago03 mins

Slide Insurance Holdings, Inc. has expanded into California, launching a residential property excess and surplus (E&S) insurance program and writing the first policy in the state. Slide observed that with the company’s arrival, California homeowners and landlords will now benefit from the company’s expertise in underwriting the catastrophic risk market, backed by strong capital and…

Berkshire Hathaway flags cyber uncertainty and holds back on data centre cover

Emily8 hours ago04 mins

Berkshire Hathaway, the U.S. conglomerate with large insurance and reinsurance businesses, underscored its cautious approach to emerging risk areas, with insurance vice chairman Ajit Jain highlighting ongoing concerns about limited activity in cyber underwriting and the fast-growing data center sector. On the cyber front, Ajit Jain said global demand for insurance remains strong but the…

The Baldwin Group’s total revenue rises 29% to $532.2m in Q1’26

Emily9 hours ago02 mins

The Baldwin Group, an independent insurance brokerage and advisory firm, reported total revenue of $532.2 million in the first quarter of 2026, a 29% increase from $413.4 million in the same period a year earlier. The company reported organic revenue growth of 2% year over year. In the first quarter of ’26, The Baldwin Group…

Aon report finds favourable conditions in early 2026 insurance market, alongside rising global risks

Emily9 hours ago05 mins

Global professional services company Aon plc has released its Global Insurance Market Insights Report for the First Quarter of 2026expounding his views on the current situation of the commercial insurance market. Aon reports that conditions are generally favorable for buyers at the start of the year, including strong production capacity, adaptable underwriting and competitive pricing…

Compre remains flexible as appetite expands into prospective and capital solutions, says CUO Bardon

Emily10 hours ago07 mins

Rachel Bardon, chief underwriting officer (CUO) of international specialty reinsurance group Compre, said that as traditional markets continue to evolve, the company is broadening its interest to include more forward-looking and capital-focused transactions, while remaining rooted in traditional traditional transactions. Speaking to Reinsurance News at Compre’s Bermuda headquarters, Bardon said the company was focused on…