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Record capital tests reinsurer discipline as softening goes on: AM Best
Global reinsurance capital is projected to reach $705bn in 2026, and AM Best warned that growing competition and softening property catastrophe rates will test whether the underwriting discipline established since the 2023 market reset can endure
Augment Risk appoints Cripps group head of growth and broking
AI can help insurers break the cycle of soaring climate rates, says Lilypad innovation chief
AI attracts 99% of capital, as insurtech funding hits four-year high, says Gallagher Re
Arch names Barrett deputy active underwriter for Syndicate 2012
Miller completes Shields acquisition ahead of Dubai reinsurance broking launch
Shields Miller will combine the firms’ reinsurance broking capabilities under a unified brand as Miller expands its treaty offering and presence across the MENA region
Verisk puts Kumamoto earthquake insured losses at up to $2.1bn
Howden Re commented saying it expects losses to remain well below the 2016 Kumamoto earthquake, although the extent of business interruption will depend on restart timelines at semiconductor facilities
Soft pricing is masking rising credit risk, warns Allianz Trade’s Murrow
Sarah Murrow, president and CEO of Allianz Trade Americas, told GR that trade credit insurance pricing is competitive but insolvencies are rising as supply chain risks become more complex
LSM adds to risk engineering team with London & Dubai hires
Mundy and Chowdhury join in London, while McLachlan will support the insurer’s construction portfolio from Dubai
AM Best keeps stable outlook for GCC insurance markets
Strong capitalisation and 2025 performance should help regional insurers withstand geopolitical pressures, although prolonged conflict and changing reinsurance conditions present material risks
Munich Re Specialty launches parametric earthquake cover in Japan
Trigger-based product will provide corporate clients with rapid access to liquidity following earthquakes, including where no physical damage has occurred
DWIC Connect 2026: Connecting Risk and Capital When It Matters Most
Conflict in the Middle East has exposed gaps in coverage, prompting calls for better risk management, more specialised capital and closer alignment between insurers, reinsurers and governments, an opening panel told attendees of DWIC Connect in Istanbul
Effective model selection starts with model appropriateness
Cat models should be interconnected components, each with uniquely valuable information, writes Tom Philp, founder and CEO, Maximum Information
Willis Re launches global life reinsurance practice
The new operation will be led by Christian Howells and will provide advisory and broking services for life insurers, reinsurers, and pension and annuity providers
Liberty Specialty Markets: Cyber approaches inflection point as AI amplifies risk
European cyber pricing continues to soften despite elevated losses, expanding digital dependencies and growing regulatory and AI-related exposures, writes LSM’s head of cyber and tech E&O for Europe, Oliver Delvos
LM Re appoints Spurgeon global head of cyber reinsurance
London-based exec succeeds Ivonne Staisch and will lead growth of Liberty Mutual Reinsurance’s global cyber portfolio
Aon expands data centre insurance programme to $5bn
Expanded Data Center Lifecycle Insurance Program adds capacity and broader risk solutions for digital infrastructure assets from development to long-term operations
Aon appoints Liang exec chair of Greater China reinsurance
Hong Kong-based executive brings more than 34 years of insurance experience across China and the US
Benign cat losses reinforce soft market conditions – Gallagher Re
Below-average first-half losses have left catastrophe budgets largely intact, although earthquake, extreme heat and shifting El Niño risks underline the potential for volatility to return
Regulators propose UK captive insurance regime
Aon said the proposals mark a “significant milestone” in establishing the UK as a competitive captive domicile
QBE appoints Nappin head of outward reinsurance
The ex Munich Re executive will join QBE International early next year to lead reinsurance strategy across the UK, Europe and Asia
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