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Tampa-based property and casualty insurance holding company, American Integrity Insurance Group, reported a net income of $34.1 million, 14% year over year growth in gross premiums written, and an improved combined ratio of 63.4% in the second quarter of 2026. Q2 2026 net income increased 24.2% compared to $27.5 million seen in Q2 2025. Adjusted…
AM Best is maintaining its stable outlook for the insurance markets of the Gulf Cooperation Council (GCC). The GCC comprises Bahrain, Kuwait, Oman, Qatar, the Kingdom of Saudi Arabia, and the United Arab Emirates. The ratings agency noted that while GCC insurers remain vulnerable to second-order effects from the Middle East conflict, strong performance and…
AXA XL, the property and casualty specialty risk division of AXA, has announced the appointment of Matt Waters as Head of its Large Commercial and Specialty business unit, effective immediately. In his new role, Waters will be responsible for leading AXA XL’s Large Commercial and Specialty lines portfolio across the US, Canada, and Bermuda. He…
Actor and model Kellan Lutz has opened up about the “pressure” he felt while auditioning for Marvel films after his work in the Twilight movies. In the latest instalment of the Inside Of You podcast, Kellan reflected on the period of his career after appearing in the billion-dollar-making franchise alongside Robert Pattinson and Kristen Stewart,…
The global data centre insurance market is forecast to more than double to over USD $24 billion by 2030, as the rapid expansion of artificial intelligence infrastructure increases the value, complexity and concentration of risks faced by insurers, according to Allianz Commercial, the commercial insurance business of Allianz Group. Allianz Commercial estimates that the market…
Florida-based property and casualty insurer Mangrove Property Insurance Company has announced the establishment of Grove Re Ltd., a Bermuda-domiciled Class 3A insurance company to support its long-term risk management and underwriting strategy. The formation of Grove Re reflects Mangrove’s disciplined, data-driven approach to underwriting, its strategic vision to operate for the long-term across market cycles….
Sven Althoff, Member of the Executive Board for Property & Casualty at large reinsurer Hannover Re, said today that the company is comfortable growing in this P&C market environment, while the firm expects property catastrophe price reductions to decelerate heading into the January 1st, 2027, renewals. This morning, Althoff, alongside other executives at global reinsurer…
One popular fan theory about the new Spider-Man movie Brand New Day is really starting to grab people’s attention. In the lead-up to the film’s release, many people spotted a detail in the trailer that led them to believe that the Spider-Man comic book villain The Jackal could make his MCU debut, after they spotted…
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of Alice Gilbert as Underwriter, effective in the first quarter of 2027. In her new role, Gilbert will work with Matthew Greaves, Head of Diversified Risk Underwriting, to build Atrium’s growing Diversified Risk book, with a focus on sustainable growth. Diversified Risk is written as…
Tokio Marine’s international business has posted 16.6% growth in net premiums written to 934.7bn yen ($5.9bn) in the first quarter of fiscal 2026, with underwriting performance remaining broadly ahead of plan despite pockets of deterioration, including losses tied to the Middle East conflict. According to Tokio Marine, the increase leaves it broadly on track against…