Atlantic hurricane season reliably drags reinsurer and London Market insurer stocks lower
Autonomous finds hurricanes rarely dent reinsurer stocks long term—pricing cycles, diversification, and discipline matter far more than storm counts
News
Re/Insurance brokers push reinsurers to ease terms, but strong capital keep profitability
Berenberg says brokers push reinsurers to ease terms, but strong capital and volume growth keep profitability above cost of capital despite margin squeeze
JP Morgan: quiet hurricane season could lift reinsurer earnings by 13%
JP Morgan says a benign Atlantic hurricane season may boost reinsurer profits up to 13% in 2025, despite softening property catastrophe rates
US E&S insurance premiums hit $117 bn, outperforming P&C
Fitch says US E&S premiums grew 11% to $117bn in 2024, with stronger profits than P&C peers despite easing property rates and rising liability costs
Allianz UK launches BRIAN AI to cut underwriting search time by 65k minutes
Allianz UK rolls out BRIAN AI for underwriters, saving 65k minutes, boosting speed, accuracy, and confidence in customer enquiry responses
Morningstar DBRS warns insurers: softening prices collide with $80 bn losses
Morningstar DBRS says insurers face $80bn H1 losses, softening property rates, and warns underwriting discipline is the key to sustainable growth
Syria receives $7.9 mn drought payout from Humanity Insured and Allianz
A $7.9m parametric payout will aid 120,000 Syrians hit by severe drought, showing how pre-arranged insurance can deliver fast relief in fragile states
Allianz: ‘Sandwich generation’ caregiving pressures derail U.S. retirement plans
Allianz study shows 70% of Americans caring for kids and parents say retirement plans suffer, with many cutting savings to support dual caregiving needs
Earnix raises $290 mn to expand AI decisioning for insurers and banks
Earnix secures $290 mn from TPG GP Solutions, JVP, and others to fuel global growth of its Dynamic AI platform for pricing, underwriting, and risk decisioning
Canopius entered into a strategic partnership with insurtech Kalepa
Canopius has entered into a strategic partnership with Kalepa, an underwriting technology company, to supercharge its U.S. operations
Insurtech Seyna secures €10 mn to scale AI-driven broker insurance platform
Paris-based insurer Seyna has raised €10mn in fresh funding to reinforce its solvency and accelerate technology investment as demand from brokers and MGAs surges
Arizona orders RespondersHealth to halt unlicensed insurance operations
Arizona regulators hit RespondersHealth with a cease-and-desist for selling unlicensed health insurance, denying claims, and misleading first responders
PERILS cuts Cyclone Alfred insured loss estimate to A$1.92 bn after revised claims data
PERILS revises Cyclone Alfred industry loss to AUD 1.92bn, citing rainfall-driven damage across Queensland and NSW, with 70% from personal property lines
Third Point completes Malibu Life Re acquisition, targets $5 bn premiums by 2027
Third Point Investors finalizes Malibu Life Re deal, issues new shares, and sets sights on $5bn annual premiums with strong U.S. annuity market tailwinds
New York Life Insurance to unify asset management arms into $785 bn global platform
New York Life will merge its general account and third-party asset units in 2026, creating a $785bn global platform spanning public and private markets
A House bill would overhaul FEMA flood maps under National Flood Insurance Program
A House bill would overhaul FEMA flood maps under NFIP as lawmakers warn of coverage risks if the program lapses at month’s end
Brazilian insurtech 180° Insurance raises $9.2 mn pre-Series B to scale AI insurance
180° Insurance secures $6.4mn equity and $2.8mn debt in pre-Series B, bringing total raised to $46mn as it expands AI-driven B2B2C insurance in Brazil
Elysian secures $6 mn seed to launch AI-native insurance claims platform
Elysian raises $6mn seed to scale its AI-powered TPA platform for commercial insurance, rethinking claims handling with hybrid intelligence and expert review
LightSpun raises $13 mn Series A to modernize dental insurance with AI
Boston-based LightSpun secures $13mn Series A to scale its AI dental insurance platform, cutting admin costs, speeding claims, and expanding provider access
Allianz X invests in Coterie Insurance’s Series C round to back SMB coverage growth
Allianz X leads Coterie’s Series C, expanding reinsurance ties and boosting AI-driven small business insurance in the U.S. market
Insurtech Pathwork raises $3.5mn to scale AI-native life & health insurance platform
AI startup Pathwork secures $3.5mn seed round to modernize life and health insurance distribution, replacing manual workflows for brokers and carriers
Applied Systems acquires Cytora to expand AI-driven insurance automation
Applied Systems buys Cytora, integrating its AI risk platform to cut costs, speed underwriting, and advance the “Digital Roundtrip of Insurance.”
Insurtech Parento secures $5.9 mn Seed II to expand paid parental leave insurance
NY-based Parento raises $5.9mn Seed II, bringing total to $10.3mn, to expand paid parental leave insurance and employee support services for US employers
US House probes CVS over alleged misuse of patient data in Louisiana lobbying
House Republicans opened an inquiry into CVS Health, alleging it used patient data in lobbying texts against a Louisiana bill restricting PBMs
Berkley Insurance sues IT provider over $1 mn cyber-theft tied to email breach
Berkley Insurance is seeking $1mn from Alliance Systems, alleging failure to notify client PPL of an email breach that led to wire transfer fraud
Court fines Senior Health Insurance $482K for violating LTC injunction
Senior Health Insurance Co. of Pennsylvania and rehabilitators found in contempt for violating an Iowa court order blocking its rehabilitation plan
Aviation insurance faces losses but capacity remains stable
Guy Carpenter says aviation insurers face rating pressure and claims volatility, yet ample reinsurance capacity supports stable renewals into 2025
McGill and Partners posts 20% growth, secures $300 mn refinancing package
McGill and Partners delivered record first-half results in 2025, reporting more than 20% organic revenue growth and a 79% jump in adjusted EBITDA
US P&C insurers stay profitable in 2025 despite $92 bn catastrophe losses
Fitch reports US P&C insurers posted a 96.4% combined ratio in 2025, with profits intact despite heavy catastrophe losses and moderating pricing momentum
Insurtech ZestyAI adds mitigation-aware storm risk scoring for insurers
ZestyAI’s new storm risk feature lets insurers adjust risk scores for property upgrades, improving underwriting, rating accuracy, and customer transparency
PwC: Reinsurance could add $17 tn value by 2035 amid climate and tech shifts
PwC says reinsurers may create $17tn by 2035, moving from capital backstops to resilience orchestrators as climate, cyber, and systemic risks reshape markets
Reinsurers’ buffer reserves may fuel profit growth until 2027
Berenberg says reinsurers’ use of buffer reserves from 2023–24 gains could keep reported profits rising until 2027 despite softening catastrophe pricing
Apollo pushes ‘Turnkey Plus’ strategy, expands syndicate partnerships at Lloyd’s
Apollo grows its Lloyd’s platform with new syndicate partnerships, underwriting expertise, and a long-term “Turnkey Plus” strategy for re/insurance partners
SageSure to buy Gemini Financial, adds Olympus MGA and Florida insurer
SageSure acquires Gemini Financial and Olympus MGA, boosting Florida presence with 130k policies, $700mn premiums, and 1,500 agents statewide
Ariel Re secures Lloyd’s approval for new syndicate, splits business lines
Ariel Re gains Lloyd’s approval for Syndicate 2006, expands into cyber, clean energy, marine, while Syndicate 1910 focuses on property catastrophe
EverPeak Insurance buys Method Insurance to expand broker reach nationwide
EverPeak Insurance acquires Method Insurance to broaden broker options, boost tech-driven services, and strengthen workers’ comp solutions for employers
Blue Cross Blue Shield of Massachusetts settles with regulators on 11.9% rate hike
Blue Cross Blue Shield of Massachusetts reached a deal with regulators allowing an 11.92% rate increase for individual and small group health plans
CatX and Cactus merge to form Bermuda’s biggest insurance software firm
CatX and Cactus join forces, creating Bermuda’s largest insurance software firm and launching Cactus Risk Studio, an AI-driven platform for risk analysis and transactions
Insurtech Kin raises $50 mn Series E at $2 bn valuation, adds $200 mn debt facility
Insurtech Kin just pulled in serious backing. The direct-to-consumer home insurer closed an oversubscribed $50mn Series E round at a $2bn pre-money valuation
Ryan Specialty and Axis Capital launch $900 mn reinsurance sidecar for RSUM
Ryan Specialty teams with Axis Capital to create RAC Re, a $900mn collateralized reinsurance vehicle backing RSUM’s delegated authority platform
Insurtech CLARA Analytics launched IaaS to give insurers sharper benchmarking
AI insurtech CLARA Analytics, the provider of AI technology for insurance claims optimization, launched of CLARA Intelligence-as-a-Service (IaaS)
Fitch warns reinsurance competition squeezing earnings in Latin America
Fitch flags soft pricing, sovereign risk, and a wide protection gap despite steady demand for catastrophe cover
AM Best shifts U.S. health insurance outlook to negative as costs rise
AM Best has cut its outlook on the U.S. health insurance sector from stable to negative, citing higher medical spending, deteriorating risk pools
Hannover Re sees stable reinsurance demand despite geopolitical risks
Hannover Re highlights shipping incidents, aviation shifts, and strong ILS activity as markets stay competitive through 2025
One in four Brits unaware if homes face flood risk or storm damage, ABI warns
ABI survey finds millions unprepared for storms and flooding, with costly claims already hitting £424mn in 2025
Swiss Re flags AI, catastrophe risks, and geopolitics at Monte Carlo talks
Swiss Re says this year’s reinsurance renewals face pressure from rising natural catastrophe losses, geopolitical fragmentation, and fast-moving AI adoption
ABI urges FCA to clarify targeted support rules for pensions and investments
ABI backs FCA’s push for targeted support but warns firms need clearer rules, proportionate requirements, and consistent language to deliver at scale
ABI backs Pension Schemes Bill but urges MPs to tighten safeguards
ABI supports the UK’s Pension Schemes Bill, calling for stronger rules on Superfunds, clear timelines, and measures to keep savers first.
Aon launches upgraded Event Analytics to sharpen catastrophe response
Aon unveils an advanced Event Analytics platform with real-time loss data, mapping tools, and historical storm simulations to strengthen insurers’ disaster decisions
Verisk warns insurers: property loss risk tops $152bn annually
Verisk says insured catastrophe losses hit $152bn globally, with storms, wildfire, and inflation pushing risk into uncharted territory for insurers.
Bain Capital to buy insurance platform Jensten Group, plans tech and M&A push
Bain Capital moves to acquire U.K.-based Jensten Group, expanding its insurance distribution play with fresh capital and growth strategy
Insurance Australia Group seals A$855 mn deal for RACQ Insurance
IAG buys 90% of RACQ Insurance for A$855 mn, adding 840 staff and securing a 25-year underwriting partnership in Queensland
Apollo secured Lloyd’s approval for ReShare Syndicate 1972, launching 2026
Apollo has secured “in principle” approval from the Lloyd’s Council to establish Apollo ReShare Syndicate 1972, with underwriting slated to begin on Jan. 1, 2026
Insurtech Optalitix extends pricing platform to reinsurance with new quote tools
Insurtech Optalitix has expanded its pricing platform, Optalitix Quote, to serve the reinsurance market, adding tools to model treaty and facultative quotes, manage data
Insurance Europe warns draft Solvency II rules risk undermining EU growth goals
Insurance Europe has warned that the European Commission’s draft Level 2 measures for Solvency II fall short of political commitments and could stall economic growth
Lloyd’s results for H1 2025: premium increasing by 6.2% to £32.5 bn
Lloyd’s of London announced its results for the first six months of 2025 with gross written premium increasing to £32.5bn (HY 2024: £30.6bn) and a combined ratio of 92.5%
Gallagher Re to acquire Steadfast Re, expanding in Australia & Asia Pacific
Gallagher Re, the reinsurance broking arm of Arthur J. Gallagher, has agreed to acquire Steadfast Re, the Sydney-based reinsurance broker launched a decade ago
Skyward Specialty to acquire Lloyd’s platform Apollo in $555 mn deal
Skyward Specialty Insurance Group has agreed to acquire 100% of Apollo Group Holdings Limited for $555 mn, marking a significant expansion
Neutrinos launches AI-native coreless platform to modernize insurance systems
Insurtech Neutrinos has unveiled its AI-Native Coreless System of Execution (CSoE), a platform the company says delivers enterprise-grade intelligent execution through data virtualization and metadata streaming
Marsh McLennan Agency expands in Tennessee with Robins Insurance deal
Marsh McLennan Agency (MMA), the middle-market subsidiary of Marsh, has acquired Robins Insurance, a Nashville-based independent brokerage
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities
Insurance brokers push debt-financed acquisitions amid slowing growth, Fitch warns credit risks rise but strong cash flow keeps leverage tolerable
Major deals have led global M&A activity in 2024, showing increasing confidence among dealmakers despite geopolitical and economic challenges
Deloitte presents new trends in insurance mergers and acquisitions for 2024-2025, focusing on how economic, regulatory, and strategic factors might shape the future.