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While most insurers are using artificial intelligence (AI) to improve today’s performance, many are “leaving value on the table,” according to Accenture’s new report, ‘How Insurers Drive Revenue by Deploying AI with Intent.’ Accenture surveyed 263 senior insurance executives with direct accountability for AI, data, technology, and business transformation across the Americas, Europe, and Asia-Pacific….
Over the past decade, the volume of ceded US health insurance premium to the reinsurance market has grown more than 300%, to USD 203 billion in 2025 from USD 59 billion in 2016, a new AM Best report has revealed. The Best’s Market Segment Report, “Reinsurance Solutions Becoming More Viable for Health Insurers,” is part…
EigenRisk, a provider of catastrophe risk management technology, has entered a new agreement with GeoX, an AI-powered property intelligence company, to expand EigenPrism catastrophe risk management platform, allowing clients access to granular, AI-derived property attributes across over 186 million US commercial and residential properties. The pair explained that GeoX’s comprehensive property intelligence dataset will integrate…
Vantage Group Holdings Ltd. (Vantage), a specialty insurance and reinsurance business, has announced the appointment of Yves Charbonneau as Chief Risk Officer. Charbonneau succeeds Krista Robinson, who is departing following five years at the company to pursue a new opportunity. Charbonneau will also serve as a member of the Vantage Leadership team. He brings nearly…
Aon, the insurance and reinsurance broking and professional services firm, has launched a new capability within its Risk Analytics Platform, Underwriting Analytics, designed to help re/insurers evaluate the impact of future risks before capacity deployment. The new tool helps in making underwriting and reinsurance decisions, enabling clients to shape portfolios and deploy capital more effectively…
Global reinsurer Swiss Re has announced the appointment of Iris Cheung as Head Life & Health Reinsurance, Hong Kong & Taiwan, effective 1 November 2026. Cheung brings over two decades of experience across advisory, finance, strategy, operations, and client management to her new position. Having joined Swiss Re in 2011, the executive has spent 15…
Global life reinsurer Pacific Life Re has successfully executed its first asset-intensive reinsurance transaction in Hong Kong, marking its entry into a new market for its Savings & Retirement business in Asia. The transaction involved the reinsurance of a block of whole life liabilities for a pan-Asian insurance provider. Through the Hong Kong transaction, Pacific…
AXA, the France-headquartered multinational insurance and asset management group, has entered a strategic partnership with Publicis Sapient, a technology firm providing enterprise artificial intelligence (AI) platforms and services, to accelerate the next phase of its AI transformation. The insurer confirmed that the partnership focuses on further developing “Global AI Hub” to scale AI agents safely,…
Reinsurance rates for Protection and Indemnity (P&I) Clubs are expected to rise further heading into the 2027/28 renewals, with more focus on the fully cellular container (FCC) segment, according to Gallagher Specialty’s P&I Market – Midyear Review. At the last renewal, the International Group (IG) increased the programme limits by USD250 million, meaning that, inclusive…
Speaking to Reinsurance News during the Monte Carlo Rendez-Vous 2026, Jörg Bruniecki, Group Chief Underwriting Officer at MS Re, set out his view of where the market stands heading into the January 1 renewals, and what he wants to change about the reinsurer’s global underwriting approach. On property pricing, Bruniecki said the softening of the…