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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, 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…
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…
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…
The first-ever Legacy Market Dialogue (LMD) hosted by global reinsurer Swiss Re brings together experts from the expanding P&C legacy market to debate and reflect on the current state of this increasingly complex and nuanced part of the risk transfer landscape. On February 10 and 11, senior representatives from the heritage sector from insurance companies,…
Kevin Rethual has been appointed CEO of Re Retakaful in Munich, effective June 1, 2026. In his new role, Rethual will be based in Malaysia and report to Owais Ansari, Munich Re’s head of reinsurance for the MEA region. He succeeds Serena Thio, who played a key role in shaping Munich Re Insurance by strengthening…
The global reinsurance industry performed well in 2025, with profitability and capital reaching unprecedented levels, according to Gallagher Re’s full-year reinsurance market report. Total specialized reinsurance capital rose to a record $648 billion, up 11% from 2024 and the second strongest year for capital growth in more than a decade. According to Gallagher Re, the…
IRB(Re) started 2026 with strong underwriting performance and improved profitability metrics despite lower net profit. The Brazilian reinsurer reported underwriting results of BRL 180 million in the first quarter of 2026, a 74% increase from the same period last year, reflecting strong underwriting discipline and improved portfolio performance. This helped reduce the combined ratio to…
The Wall Street Journal reports that Berkshire Hathaway has identified Charlie Shamieh as a possible successor to Ajit Jain, vice chairman of the group’s insurance business. The Wall Street Journal cited people familiar with the matter as saying that the timing of the transition is still uncertain and that Shamiyeh is expected to take over…
ALIRT Insurance Research, an independent provider of analytical research on the insurance industry, reports that the U.S. frontier insurance market is transitioning to a more mature and regulated stage, an observation that is part of its Frontier Insurance Company Update (April 2026). The U.S. front-loading model, in which an insurance company issues a policy and…