Insurtech Roots launches AI claims accelerator for Guidewire ClaimCenter
Roots releases a Guidewire-validated AI accelerator that automates claims document processing inside ClaimCenter on Guidewire Cloud
News
Insurtech Kita launches NPI cover for carbon and natural capital finance
Kita expands carbon insurance with a Lloyd’s-backed non-payment policy targeting lenders funding carbon and nature-based projects
Neptune Flood adds Lloyd’s capacity via Somers Syndicate 3705
Neptune Flood partners with Somers Syndicate 3705 to expand Lloyd’s-backed capacity as private US flood insurance demand keeps climbing
Brit Re launches property D&F underwriting in Bermuda market
Brit Group starts writing US and global property direct and facultative risks from Bermuda via Brit Re, targeting complex industrial and realty exposures
Turkey property-CAT reinsurance rates fall 15% as Jan renewals soften
Gallagher Re says Turkiye’s Jan 2026 property-CAT renewals saw 15% rate drops, heavy oversubscription, and easing pressure on parametric covers
Australia storms across Queensland and New South Wales cause A$2.7 bn insured loss – PERILS
PERILS estimates A$2.663 bn insured losses from late November storms in Queensland and NSW, driven by extreme hail and wind damage
Polo Managing Agency launches three new Lloyd’s syndicates for 2026
Polo Managing Agency brings three new Lloyd’s syndicates live in 2026, spanning trade credit, reinsurance, and retrocession busines
Ohio court revives worker’s bid for added insurance and comp benefits
An Ohio appeals court says a juvenile corrections officer showed enough evidence to try claims that a work injury worsened prior conditions
Erste Group sells €10 bn SRT to insurers to fund Santander Poland deal
Erste Group transfers risk on €10bn of loans to insurers, freeing capital as it closes a €7bn stake purchase in Santander Bank Polska
Statera Managing Agency wins Lloyd’s approval to run Syndicates 4242 and 1416
Statera Managing Agency secures Lloyd’s approval, bringing Syndicates 4242 and 1416 fully in-house under Octave Ventures
North Carolina’s insurance commissioner urges Trump not to pardon Greg Lindberg
North Carolina’s insurance commissioner presses the White House to reject a pardon for Greg Lindberg as GOP senators back opposition
Florida insurance broker gets 35 months for $134 mn ACA enrollment fraud
A federal judge sentenced a Pembroke Pines insurance broker to nearly three years in prison for a $134mn Affordable Care Act fraud scheme
California pushes AI rules despite Trump threats and tech pressure
California lawmakers press ahead with AI regulation despite Trump’s funding threat, as tech giants warn rules could drive companies out
Drone attack hits Russia-bound tanker in Black Sea, shipping insurance rates are expected to rise
A Palau-flagged tanker bound for Russia reported a drone attack in the Black Sea and diverted to Turkey
BioTech Engitix lands €21 mn extension to push ECM cancer therapies
London-based Engitix secures a €21mn Series A extension to advance ECM-targeted oncology and fibrosis drug programs
Equitable Earth raised €12.6 mn to scale nature-based carbon certification
Paris-based Equitable Earth (formerly ERS), a provider of certification for nature-based carbon projects, closed a €12.6 mn Series A round to push the expansion
MedTech FineHeart raised €35mn Series C and €48 mn in EU grants
French MedTech FineHeart raises €35mn Series C and €48mn in EU grants to scale its FlowMaker device for advanced heart failure
HealthTech Tucuvi raised €17 mn to scale certified voice AI in healthcare
Madrid-based Tucuvi secures €17mn Series A to expand its certified voice AI platform across European and US healthcare systems
Insurtech Acrisure to buy MGA Efficient Insurance Solutions, expand EIS
Acrisure agrees to acquire Efficient Insurance Solutions, taking full ownership and planning to scale the MGA’s delegated underwriting platform
Dai-ichi Life backs first CCS bond with ¥4.7bn Port of Rotterdam deal
Dai-ichi Life invests ¥4.7bn, about $30mn, in the first carbon capture bond issued by the Port of Rotterdam, taking over half the deal size
InsureVision launched TeslaStick and FleetVision, video-based underwriting AI tools
InsureVision debuts video-based underwriting tools at CES 2026, targeting personal auto and fleet losses with contextual driving risk AI
Insurtech Xceedance acquires Marble Box to enter agent, broker operations
Xceedance buys Marble Box, entering the agent and broker market and pairing insurance operations talent with workflow tech, automation, and data tooling
Los Angeles wildfires drive $22.4 bn in claims as insurance losses mount
California insurers have paid $22.4 bn on wildfire claims, with insured losses projected up to $40 bn as rate hikes and regulatory battles intensify
New Jersey prosecutors charge four over $250k travel insurance fraud
New Jersey prosecutors indicted four people accused of filing fake travel insurance claims tied to trips and medical emergencies that never happened
Howden buys Atlantic Group in $500 mn US M&A insurance push
Howden agreed to acquire Atlantic Group for over $500 mn, strengthening its US M&A insurance business and expanding reach with private equity clients
Cyber reinsurance awash in capacity at Jan. 1, 2026 renewals
Gallagher Re says cyber reinsurance capacity at Jan. 1 renewals far exceeded demand, pushing rates down and reshaping treaty structures
USI sees property insurance rates sliding as casualty pricing steadies
USI projects property insurance rates down as much as 20%, while casualty lines stay flat to modestly higher into early 2026
Tennessee Appeals Board backs denial of added workers’ comp benefits
Tennessee’s Workers’ Compensation Appeals Board upheld a ruling denying extra medical and disability benefits after a 2022 workplace fall
AIG names Eric Andersen as CEO-elect as Peter Zaffino exits role
AIG says CEO Peter Zaffino will retire by midyear, handing leadership to Aon veteran Eric Andersen as shares slide on investor uncertainty
MilTech NanoXplore raised €20 mn to push defence chips and EU sovereignty
French chipmaker NanoXplore secures €20 mn from MBDA and Bpifrance to expand into defence electronics and reinforce Europe’s ITAR-free supply chain
Startup Aidoptation raises €20 mn to scale AI autonomous systems
Belgian-American startup Aidoptation secures €20 mn to accelerate AI-driven autonomous systems for automotive, security, and defence use
HealthTech Pragmatech raised €650k to scale CE-marked AI antibiotic tool
Spanish HealthTech Pragmatech secures €650k to accelerate rollout of iAST, its CE-marked AI software for antibiotic prescribing
Startup Alvotech secures €100 mn term loan to fund 2026 execution
Reykjavík-based Alvotech raises a €100 mn senior term loan led by GoldenTree, boosting liquidity and replacing its prior working capital facility
SaaS startup MotorK raises extra €3 mn debt from Atempo to bolster balance sheet
Milan-based MotorK secures an additional €3 mn tranche from Atempo Growth, extending existing debt to support liquidity and corporate needs
Howden Re flags sharp property cat pricing drop at Jan. 2026 renewals
Howden Re estimates global property cat reinsurance pricing fell 14.7% at Jan. 2026, the steepest annual drop since 2014, with retrocession down 16.5%
Africa Specialty Risks renews Baobab Lloyd’s Consortium, lifts capacity to $26 mn
Africa Specialty Risks renews the Baobab Consortium at Lloyd’s, increasing per-risk capacity to $26 mn for Africa and Middle East exposures
London Bridge 2 drives fresh ILS capital into Lloyd’s market
London Bridge 2 PCC channels $660 mn of new capital into Lloyd’s in Q4 2025, emerging as a preferred ILS route for syndicates and investors
Hong Kong Insurance Authority reviews RBC rules, weighing stablecoin, crypto capital
Hong Kong’s insurance regulator is reviewing its RBC regime, including capital treatment for stablecoins and crypto assets, to boost competitiveness
Aflac to notify 22.7 mn insurance customers after June cyber incident – Case study
Aflac has completed a review of files tied to a June cybersecurity incident and has begun notifying roughly 22.65 mn affected individuals
Allstate plans fresh Illinois home insurance rate hikes up to 10.4% in 2026
Allstate seeks new homeowners rate increases in Illinois, citing weather losses and repair costs, with some policyholders facing hikes above 10%
Reinsurance prices soften as capital swells ahead of 2026 renewals
Rising reinsurance capacity and record capital levels drive softer pricing and tougher competition at Jan. 1, 2026 renewals, Guy Carpenter & Co say
Tiffany Norman to lead Hannover Life Re US as President and CEO
Hannover Life Reassurance Company of America names Tiffany Norman as president and CEO, effective Jan. 1, 2026, following Pete Schaefer’s retirement
Warren Buffett stepped down as Berkshire Hathaway CEO after reshaping insurance
Warren Buffett retires as Berkshire Hathaway CEO, closing a decades-long run that turned a small insurer into a $1 tn powerhouse
Beneva completes Gore Mutual merger after regulatory approval
Beneva finalises its merger with Gore Mutual after regulatory approval, advancing its national expansion and reshaping its Ontario P&C operations
New York Court tosses $410 mn art insurance suit after fire damage
New York Supreme Court dismisses collectors’ $410 mn claim over alleged fire damage to major artworks; appeal is now pending
MetLife Investment Management closes PineBridge acquisition
MetLife Investment Management completes its PineBridge deal, lifting combined AUM to $734.7 bn and extending its global asset management reach.
Freedom Underwriters moves to buy full stake in Concert Group
Freedom Underwriters agrees to acquire all outstanding Concert Group shares, with closing expected in H1 2026 pending regulatory approval
Radian funds Inigo deal with $600 mn intercompany note
Radian Group issues a $600 mn intercompany note to finance its $1.7 bn acquisition of Lloyd’s insurer Inigo, with added regulatory oversight
Hanwha Life acquires Velocity Clearing, Korean insurer entry into U.S. securities market
Hanwha Life has completed the acquisition of a 75% stake in New York-based financial services firm Velocity Clearing, marking a strategic expansion into U.S. capital markets
Largest insurers in Asia-Pacific increased capitalizations
5 of the 20 largest insurers in Asia-Pacific saw their market capitalizations increase sequentially in Q2 2024
Asia is experiencing highest rate of growth in insurtech investments
Asia’s insurtech sector has increased in breadth and depth in recent years. With the region currently poised as the fastest-growing global market for insurtech investmen
AM Best maintained stable outlook on Japan’s life insurance market
AM Best has maintained its stable outlook on Japan’s life insurance market segment, citing in part the prospects for higher premium income
Global Property Catastrophe Rate fell 12% at 1/1, 2026 reinsurance renewals
Guy Carpenter reports global property catastrophe ROL down 12% at Jan. 1, 2026, with excess capacity, stable retentions, and softer terms
European reinsurers hit a wall after years of outperformance
European reinsurers lost momentum in 2025, with softer pricing, FX pressure, and capped earnings growth setting a tougher 2026
Liberty Mutual upsizes Mystic Re catastrophe bond to $150 mn
Liberty Mutual secures $150 mn of per-occurrence cat bond cover via Mystic Re IV, expanding protection to severe weather and fire risks
Coalition warns 2026 cyber risk shifts toward systemic loss
Coalition executives say 2026 cyber risk will be driven by hidden interdependencies, cloud outages, and supply chain aggregation, not isolated breaches
New Georgia laws reshape courts and health insurance
New Georgia laws taking effect Jan 1, 2026 change court rules, election oversight, insurance notices, healthcare governance, and vehicle registration
M3 Insurance picks SimplePin to automate receivables at scale
M3 Insurance selects SimplePin to automate insurance receivables, cut manual finance work, and gain real-time cash flow visibility
Global dedicated reinsurance capital climbing to $660 bn – Guy Carpenter
Guy Carpenter projects global reinsurance capital will rise 9% in 2025 to $660bn, led by alternative capital growth and strong investor demand
Active Re gains approval to operate as admitted reinsurer in Argentina
Barbados-based Active Capital Reinsurance receives authorisation to operate in Argentina, expanding its Latin America footprint with disciplined growth
Discover how a secondary reinsurance market could improve capital efficiency, lower WACC, boost underwriting flexibility and support more efficient pricing
Global reinsurance pricing fell more than expected at Jan. 1, 2026 renewals, with abundant capital, weak catastrophe support, and easing terms
Reinsurance rates in several lines softened quicker than anyone expected this year, especially in casualty and cyber, yet trading conditions across the Lloyd’s market still look reasonably favorable
Re/insurance industry is showing strong momentum. Fund and Insure domain as the big opportunity—potentially generating $17 tn in gross value by 2035