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SCOR expects market conditions to remain stable but competitive as mid-year reinsurance renewals approach, company CEO Thierry Léger said. He also emphasized that underwriting discipline remains critical to maintaining portfolio quality. Despite a more challenging pricing environment, SCOR continues to prioritize margin protection. During the April renewal period, which represents approximately 12% of the company’s…

AXA XL, the property, casualty and special risks unit of French insurer AXA, reported a 4% year-on-year increase in gross written premiums (GWP) and other revenue on a comparable basis to €21.5 billion in the first quarter of 2026, compared with €21 billion in the first quarter of 2025. These were driven by higher volumes,…

Greenlight Re disclosed that underwriting performance improved significantly in the first quarter of 2026, with the company still turning a profit and delivering higher net profit despite lower premium volumes. The Cayman Islands-based reinsurer reported net profit of $35.8 million in the first quarter of this year, up from $29.6 million in the first quarter…

Global reinsurer SCOR reported first-quarter 2026 net profit of €225 million, with contributions from all business units, prompting CEO Thierry Léger to reiterate confidence in the group’s ability to meet 2026 targets. In the first quarter of 2026, SCOR’s property and casualty insurance revenue reached 1.812 billion euros, an increase of 5.4% at constant exchange…

Specialist re/insurance group Aventum has completed its first MGA acquisition, acquiring maritime specialist Post & Co, in a bid to create the world’s leading independent specialist managed general agency (MGA) platform. The transaction is a decisive step in Aventum’s international growth strategy and will immediately establish a new growth platform in continental Europe and strengthen…

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 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…

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…