citizens logo

Ample capacity drives Florida Citizens’ 2026 risk transfer program amid strong cat bond demand

Final elements of Florida Citizens Property & Casualty Insurance Company’s 2026 risk transfer plan show that insurance-linked securities (ILS), catastrophe bond and mortgage markets continue to dominate the insurer’s protection purchases, with identifiable third-party capital supporting more than half of traditional reinsurance allocations and nearly 90% of overall reinsurance allocations. Two days ago, we reported…

Read More
Arch Insurance

Arch Insurance Australia appoints Fariha Neda as Northern Region Executive Assurance Underwriting Manager

Arch Insurance Australia (Arch), a subsidiary of Arch Capital Group and provider of specialist insurance products and services, has appointed Fariha Neda as Northern Region Executive Assurance Underwriting Manager with immediate effect. In this role, Neda will oversee underwriting activities across the Northern Region Executive Assurance portfolio, delivering a range of liability solutions including directors…

Read More
majesco logo

Majesco points to accelerating AI adoption reshaping insurance operating models

Majesco, a provider of AI-native and cloud-native software solutions to the insurance industry, has released a new thought leadership report examining insurers’ strategic priorities for 2026. title 2026 Strategic Focus: Cutting-edge Insurance Companies in the Age of Insurance IntelligenceThe report is based on Majesco’s preliminary research into how insurance companies are investing in technology and…

Read More
moodys logo new

Global insurance protection gap widens as growth shifts to emerging markets: Moody’s

Moody’s said the global insurance protection gap is widening as economic growth shifts to underinsured emerging markets, where insurance penetration remains low and catastrophe losses are increasingly uninsured. According to the company’s report, coverage gaps are generally larger in developing economies, where insurance penetration remains low due to limited availability and affordability constraints. In contrast,…

Read More
gallagher re logo

Minesh Jani joins Gallagher Re as CEO of India

Global reinsurance brokerage and advisory firm Gallagher Re has confirmed that Minesh Jani has now joined as Chief Executive Officer (CEO), India, a news announced back in February. A Gallagher Re spokesperson said: “Minesh has built strong relationships with customers, markets and regulators in the region, resulting in continued growth and long-term partnerships. His forward-looking…

Read More
verisk logo

U.S. P&C insurance industry’s financial performance improves through Q1’26: Verisk

Verisk data shows that the financial performance of the U.S. property and casualty (P&C) insurance industry improved year-on-year in the first quarter of 2026, with the combined ratio of insurers at 92.4, but premium growth slowed significantly. The industry expects net underwriting earnings of approximately $15.8 billion in the first quarter of 2026, according to…

Read More