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The Bank of England, through its Prudential Regulation Authority (PRA), has issued a consultation on how funded reinsurance should be treated under UK insurance capital rules. The consultation recommends bringing financed reinsurance more in line with the capital treatment of other types of investments held by UK life insurers, with the aim of removing what…

The UK arm of global insurance company Zurich has announced the appointment of Mark McCausland as its new chief operating officer. In his new role, McCausland will help drive strategic initiatives, enhance market experience and support the responsible adoption of new technologies. He has over 30 years’ experience in the insurance industry and joins Zurich…

Markel Group reported that its insurance business Markel Insurance’s combined ratio improved to 93% in the first quarter of 2026, including a two percentage point net loss due to conflict in the Middle East, compared with a combined ratio of 96% in the first quarter of 2025. The insurer reported gross written premiums fell to…

Duck Creek Technologies, a provider of software to the property and casualty insurance industry, has launched its insurance-native Agentic AI platform, designed to enable insurance companies to build, manage and oversee AI agents throughout the insurance lifecycle. Meanwhile, Duck Creek Technologies launched two early applications built on the platform: Agentic Underwriting Workbench and Agentic First…

Mapfre Re, the reinsurance and global risk arm of Madrid-based insurance company Mapfre, reported first-quarter 2026 net profit of €85 million, a year-on-year increase of 76.8%, with the combined ratio improving to 96.8%. Mapfre Re attributed the improved performance to prudent management and a reduction in the impact of catastrophic events. Looking at the net…

Insurance holding company WR Berkley Corporation has appointed R. Christopher DeLauder as president of Berkley Environmental, effective immediately. In his new role, DeLauder succeeds Kenneth J. Berger, who was named chairman of the company. Additionally, Berger will support the Berkley Environmental team through the transition and continue to be a key member of WR Berkley…

Bermuda-based insurer and reinsurer Arch Capital Group Ltd. reported underwriting revenue increased 74.6% year-over-year to $728 million in the first quarter of 2026, compared with $417 million in the first quarter of 2025. This was driven by strong growth in underwriting performance in the Insurance and Reinsurance segment. The reinsurance/insurance company’s group-wide combined ratio improved…

Marsh Risk, the insurance brokerage arm of Marsh, announced the launch of Risk Companion, a new set of artificial intelligence-driven analytics tools designed to help clients more effectively manage their unique risks. The platform leverages a proprietary artificial intelligence engine to integrate Marsh’s global risk data sets with advanced actuarial models and deep subject matter…

Bermuda-based reinsurer RenaissanceRe Holdings Ltd. (RenRe)’s underwriting profit in the first quarter of 2026 was US$588.8 million, a significant improvement from the US$770.6 million loss in the previous year, and gross written premiums (GPW) fell approximately 17% year-on-year to US$3.5 billion. RenRe is off to a strong start in 2026, with solid contributions from all…

Tryg, a Nordic insurance company operating in Denmark, Sweden and Norway, has commented on the Danish Supreme Court’s ruling on workers’ compensation in Denmark, which has implications for the wider insurance industry as well as Danish state and municipal authorities. Tryg, together with the Danish Insurance Association, said the Danish government should bear responsibility for…