2026 to mark a decisive shift toward operationalised AI: Xceedance

Travis MacMillian, president of the Americas at Xceedance, said that by 2026, insurance companies will move from experimenting with artificial intelligence to scaling it through human supervision, stronger governance and decision-making driven by real-time underwriting data. Xceedance says 2026 will represent a decisive shift towards actionable artificial intelligence, real-time risk intelligence and participatory insurance models…

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APAC reinsurance capacity surges as supply outpaces demand at Jan 1 renewals: Guy Carpenter

Guy Carpenter Experts from Asia Pacific share their insights into reinsurance renewals on 1 January 2026, highlighting the region’s good performance this year with below-average catastrophe losses. Asia Pacific CEO Tony Gallagher noted that over the past three years Guy Carpenter has seen growing interest in growing market share in the region, supported by a…

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Travelers completes sale of Canadian personal & majority of commercial arm to Definity

Property and casualty insurance provider The Travelers Companies, Inc. has completed the sale of Travelers Canada’s personal lines business and most of its commercial lines business to Definity Financial Corporation for approximately C$2.4 billion. The sale was initially announced in May 2025. Travelers retains its primary Canadian guarantee business. Travelers will use approximately $700 million…

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Munich Re’s ERGO acquires non-life insurer ADB Gjensidige in the Baltics

ERGO Group, the main insurance arm of global reinsurer Munich Re, has completed the previously announced acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurance company Gjensidige Forsikring ASA, including its branches in Estonia and Latvia. The announcement was made by ERGO International AG, the division that manages the group’s international business…

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