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Zurich-based catastrophe insurance data provider PERILS disclosed that it has raised its secondary industry damage estimate from extratropical storm Niels (also known as Ulrike) to 767 million euros. This is a 31% increase from the preliminary loss estimate of €586 million published by PERILS on March 27, 2026, six weeks after the end of the…
Neil Eckert, chief executive officer (CEO) of Bermuda-based global reinsurer Conduit Re, said its casualty count increased by more than 23% in the first quarter of 2026 and that it will be able to expand share with existing customers and develop new relationships as the company implements its medium-term strategy. Conduit Re’s gross written premiums…
Global reinsurance broker and risk advisor Aon has announced the appointment of Jimmy Mitchell and Adam Rimmer as brokers in the firm’s global reinsurance team, effective immediately. Mitchell has been named vice president of Global ReSpecialty in New York. He will work with clients to build global treaty portfolios, leveraging his experience and market relationships…
American Integrity Insurance Group, Inc., a Tampa-based property and casualty insurance holding company, reported first-quarter 2026 gross written premiums (GPW) of $220 million, an increase of 3.7% from $212.2 million in the prior-year period. The company attributed the increase in total gross margin to growth in its voluntary market writings, reflecting higher levels of new…
SCOR Business Solutions, the large corporate risk insurance arm of global reinsurer SCOR, has announced the appointment of Peter Fordham as head of Binders, North America. Fordham joined Channel Syndicate (now SCOR Syndicate) in July 2012 as an underwriting associate and has since held increasingly senior positions. Most recently, he served as a senior underwriter…
Kin, a direct-to-consumer provider of insurance and home finance solutions to homeowners, disclosed first-quarter 2026 results, reporting total revenue of $56.6 million and a record baseline operating margin of 50%. The company also revealed that total premiums in the first quarter of this year reached $177.6 million, a 20% increase from the same period in…
Global professional services company Aon has expanded its Claims Copilot platform as a claims management solution across multiple countries in North America, Asia Pacific and Europe, the Middle East and Africa (EMEA). Building on a successful pilot launched in November 2025, the expansion of Aon Claims Copilot reportedly marks a major milestone in the global…
Talanx announced its financial results for the first quarter of 2026. Net profit increased by 28% year-on-year to 774 million euros, and the combined ratio improved to 88.7%. Compare these figures to net profit of €604 million in the first quarter of 2025 and a combined ratio of 92.8%. In the first quarter of 2026,…
Alternative capital is rewriting the reinsurance rules, and while it appears to be here to stay, a recent report from Guy Carpenter highlights that its rapid consolidation poses clear structural challenges. The report “The Convergence of Financial and Reinsurance Capital: How Cat Bonds, Sidecars and Financial Investors Are Redesigning the Architecture of Global Reinsurance” examines…
axa The new unit will be led by Libby Benet, currently AXA XL’s global chief underwriting officer. Benet joined AXA XL in 2020 as Cyber ​​chief underwriting officer and was appointed global chief underwriting officer in 2022. Prior to joining AXA XL, she managed her own consulting firm and held leadership positions at Beazley, General…