Europe’s biggest insurers face slower growth after strong 2025
Moody’s said Allianz, AXA, Generali and Zurich posted strong 2025 results, though weaker pricing momentum and rising geopolitical risk threaten earnings growth
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Cloud outage risk stayed high despite drop in critical downtime
Parametrix said critical cloud downtime fell 28% in 2025, though major outages at AWS, Azure, Google Cloud, and Cloudflare kept digital supply chain risk elevated
Reinsurance pricing softens as profits stay strong in a capital-rich market
Autonomous said reinsurance renewals stayed soft, rate cuts widened in property and specialty, and profits still support mid-to-high teen returns on equity
Odyssey Group updates brand as Hudson and Newline adopt shared identity
Odyssey Group introduced a new brand identity, bringing Hudson and Newline under a shared visual system as the Fairfax-owned firm marks 30 years
P&C reinsurance margins face pressure as pricing eases in 2026
Moody’s said P&C reinsurance profitability has likely peaked as pricing softens, competition spreads, and European reinsurers adjust risk appetite
Japan April 1 renewals extend softer reinsurance pricing trend
Japan-focused April 1 renewals carried forward January trends, with property cat pricing falling and buyers reshaping programmes in a softer market
Insurtech Qover secures $12 mn from CIBC as embedded insurance grows
Qover raised a $12 mn growth facility from CIBC, pushing total funding past $100 mn as it expands its embedded insurance platform and AI stac
Kairos Risk Solutions buys Molto Re to expand in North America
Kairos Risk Solutions acquired Molto Re and named Josh Madson North America managing director as it pushes deeper into reinsurance and risk advisory
US InsurTech deal share expands as AI dominates 2025 funding
US InsurTechs increased global deal share to 55.74% in 2025, while AI-focused firms captured 66% of funding and led Q4 activity
InsurTech funding rose in 2025 to $5.1 bn as Q4 capped a stronger year
Global InsurTech funding picked up in 2025 after three weak years. Total investment rose 19.5% year on year to $5.1 bn, the first annual gain since 2021
Global reinsurance capital hit $785 bn as competition rises in 2026
Aon said global reinsurance capital reached a record $785bn in 2025, with traditional and alternative capital both climbing as renewal competition increased
Hail and AI are reshaping severe storm risk management
Allianz says severe convective storms are driving heavy insured losses, with hail as a major factor and AI becoming more important in resilience planning
US mortgage insurers posted strong 2025 underwriting results: Fitch
Fitch said US mortgage insurers delivered a 7.7% loss ratio in 2025, helped by reserve releases, stable home values, and continued high policy persistency
KYND flags website tracking lawsuits as a growing cyber claims risk
KYND says privacy lawsuits tied to website tracking are rising fast, with SMBs showing higher exposure and insurers facing a harder-to-detect accumulation risk
Howden Re strengthens LatAm & Caribbean capabilities with two senior appointments
Howden Re announces the appointments of Carlos Garcia as Managing Director and Karina Lopez as Director, further strengthening its Latin America and Caribbean offering
Fitch says private credit transparency in North America is improving slowly
Fitch says private credit disclosure is rising in North America, though the market remains largely opaque, especially around links to the wider financial system
J.C. Flowers backs Niyam and Lloyd’s Syndicate 2047 in India
J.C. Flowers will take a controlling stake in Niyam and lead investment in Syndicate 2047, building a reinsurance platform from GIFT City into India
Geneva Association says cyber insurance must do more for resilience
The Geneva Association says cyber threats are rising faster than many firms can manage, with cyber insurance still underused as a resilience tool, especially among SMEs
Mega M&A deals hit post-2008 high in first quarter of 2026
WTW said 12 mega deals worth $10 bn or more closed in Q1 2026, pushing total completed deal value to a five-year high of $438 bn
Ontario-Quebec ice storm became Canada’s costliest weather loss of 2025
Insured losses from the March 2025 ice storm in Ontario and Quebec reached CAD 466mn, sharpening calls for stronger resilience planning across Canada
AM Best keeps London Market outlook stable as profits ease into 2026
AM Best said the London Market outlook remains stable, though profitability is expected to soften in 2026 as pricing eases and risk pressures build
Acrisure UK adds four businesses to deepen specialist broking reach
Acrisure UK Broking acquired Confidas, Heathwoods, Marrs and Smith Greenfield, expanding its specialist strength in commercial, property and private client insurance
Santam Syndicate 1918 hires Nigel Tatlock to lead property buildout
Santam Syndicate 1918 appointed Nigel Tatlock as Head of Property as it expands its Lloyd’s platform and builds out global property underwriting
Aon expands digital infrastructure risk team with two senior hires
Aon appointed Stephen Fox and Brian Hearst to strengthen digital infrastructure and builders’ risk advisory as demand rises for data centres and AI projects
Reinsurance renewals at 1 April extended the softening seen at 1 January – Howden Re
Howden Re said 1 April renewals extended January’s softening trend, with Japan property-cat rates falling and Hormuz-driven stress staying focused in specialty lines
Geospatial Insight launches FireWatch for wildfire risk analysis
FireWatch uses satellite data, weather forecasts, and environmental signals to help insurers, utilities, and governments track wildfire risk in near real time
AI Startup Yupp shuts down after $33 mn seed as AI feedback model stalls
Yupp is closing less than a year after launch, despite raising $33mn, as its crowdsourced AI model-ranking business failed to find strong product-market fit
Starr closes IQUW M&A deal to expand specialty reinsurance platform
Starr completed its acquisition of IQUW Group, expanding its specialty insurance and reinsurance platform across Lloyd’s, Bermuda, and UK motor
US shipping insurance plan for Hormuz set to launch soon, Scott Bessent says
Treasury Secretary Scott Bessent said a US insurance programme for Strait of Hormuz shipping will begin soon, aiming to support safer tanker traffic
Connecticut court backs insurer GEICO in towing fee complaint immunity case
A Connecticut appeals court ruled GEICO is protected by absolute immunity when filing DMV complaints over towing and storage charges
QBE and insurtech Aurora launched an automated underwriting capability for Yacht P&I
QBE and Aurora launched an automated underwriting capability for Yacht P&I, cutting broker submission-to-bind time to under 10 minutes
Zalos raises €3.1 mn to scale AI finance agents for enterprise systems
Zalos secured €3.1mn to expand its Computer Agents for finance teams, targeting large enterprise deployments and on-premise systems without ERP replacement
Zocks expands AI workflow tools into the US life insurance market
Zocks is bringing its AI workflow and document automation tools to life insurance, aiming to cut admin work, reduce NIGO delays, and help advisors issue more policies
Federal Housing Finance Agency chief accuses Letitia James of false insurance filings
FHFA Director William Pulte sent criminal referrals accusing Letitia James of false statements in insurance filings tied to a Virginia property
LEEO launches telematics-led commercial auto cover tied to driving performance
LEEO introduced a telematics-based commercial auto product that uses driving data, AI, and real-time insights to connect safer fleet performance with savings
Massachusetts insurance brokers plead guilty in $750k fraud scheme
A New Bedford couple pleaded guilty in federal court after prosecutors said they stole more than $750k from insurance clients, lenders, and providers
China rolls out long-term care insurance as ageing pressure builds
China launched a long-term care insurance system to support people with lasting disabilities and ease pressure on families as the population ages
Prudential cuts 54 more jobs in Newark as layoffs reach 237
Prudential filed another WARN notice in New Jersey, bringing total planned job cuts in Newark to 237 since July despite stronger recent earnings
Oklahoma House passes insurance bill to tighten claims oversight
Oklahoma lawmakers advanced HB 2933, adding claims reporting, mediation rules, a Homeowner Claims Bill of Rights, and stronger consumer protection
Insurtech Heathos launches unified life insurance platform for agencies
Heathos introduced a unified life insurance platform that brings carriers, workflows, and commission reporting into one system for agencies selling multiple products
US Senator Jeanne Shaheen bill targets crop insurance subsidies and aims to save $40 bn
Senator Jeanne Shaheen introduced a bill to cut crop insurance costs, curb abuse, save $40 bn over 10 years, and shift support toward smaller farms
First Central hires banks for potential £1 bn London IPO
UK insurer First Central is working with Deutsche Bank and UBS on a potential London IPO that could value the company at around £1 bn
UK targets Russian shadow fleet with boarding powers in home waters
The UK will board Russian shadow fleet vessels in its waters, tightening pressure on oil shipments tied to Moscow’s war funding and sanction evasion
Illinois bill to review home and auto insurance rates moves ahead
Illinois lawmakers advanced a bill giving regulators power to review home and auto insurance rates, with insurers warning the overhaul would raise costs
Senate bill would cap insulin costs at $35 for private insurance plans
A bipartisan Senate bill would cap insulin at $35 for privately insured Americans and launch a pilot to extend the same limit to uninsured patients
Readhunt secures Lloyd’s broker status to expand complex risk access
Readhunt received Lloyd’s broker registration, giving the UK insurance broker direct access to Lloyd’s syndicates for more tailored commercial risk solutions
Insurtech Shepherd raises $42 mn to push AI underwriting in commercial insurance
Shepherd secured $42 mn in Series B funding to expand its AI underwriting platform for construction, infrastructure, and other asset-heavy commercial sectors
Niyam wins Lloyd’s approval for Syndicate 2047 launch
Niyam Group received Lloyd’s approval for Syndicate 2047 and named Devesh Srivastava chairman as it builds a reinsurance platform for India
Hail now rivals major hurricanes in insured loss potential in the US
Cotality says hail has become a major insured loss driver, with modern storms causing damage on par with a Category 4 hurricane in the US
AI is reshaping life underwriting workflows, Pacific Life survey shows
Pacific Life’s underwriting survey shows wider AI use, stronger demand for structured health data, and growing concern over underwriting talent
Agent-based AI will change cyber offence and defence, Munich Re says
Munich Re says agent-based AI will change cyber offence and defence, widening attack surfaces, pressuring trust, and raising the pace of cyber threats
Munich Re says cyber insurance needs wider uptake as threats intensify
Munich Re says cyber risks are widening beyond ransomware and calls for stronger resilience, broader cyber insurance uptake, and closer market collaboration
Corebridge and Equitable strike $22 bn all-stock merger deal
Corebridge and Equitable agreed to an all-stock merger valued at $22 bn, creating a financial services group with $1.5 tn in assets
Brit launches BRIDGE cargo consortium with up to $80 mn capacity
Brit launched BRIDGE, a new cargo consortium offering up to $80mn in line capacity as cargo values rise and supply chains grow more complex
Galtea raises €2.7 mn seed to test AI agents before production
Barcelona-based Galtea secured €2.7 mn to expand its AI evaluation platform, helping enterprises test AI agents with less cost and better production reliability
MSIG Asia backs insurtech Ancileo to expand travel insurance across Asia
MSIG Asia made a strategic investment in Ancileo and formed a regional partnership to grow digital travel insurance across Asia’s fast-moving travel market
CoverGo rolls out AI claims document processing for Generali Hong Kong
CoverGo deployed its IDP AI Agent for Generali Hong Kong, automating health claims document handling to speed processing and improve accuracy
Sypher Insurance Exchange wins Florida permit as startup insurer targets organic growth
Sypher Insurance Exchange won a Florida operating permit and now moves toward final approval as the startup sticks with an organic growth strategy
Meta and Alphabet’s Google verdicts put Section 230 appeals fight in motion
Jury verdicts against Meta and Google in child harm lawsuits set up appeals over Section 230, with wider consequences for social media and other online platforms
AccuWeather sees slightly softer 2026 Atlantic hurricane season
AccuWeather forecasts 11-16 named storms in 2026 as El Nino may suppress activity, though warm Atlantic waters still raise rapid intensification risk
Fitch estimates Winter Storm Fern insured losses at $4-7 bn. Losses hit earnings, not capital, with P&C insurers absorbing most claims and no rating downgrades
2026 Atlantic hurricane season passed without a single US hurricane landfall for the first time in ten years, yet still delivered deadly storms, elevated major hurricane activity, and meaningful losses
Singapore expands ILS grants as Asia’s cat bond market grows, but investor education, capacity gaps and regulatory momentum still shape the asset class
Hurricane Melissa and Asian floods show insurance’s role in adaptation, yet coverage is scarce. Philanthropy, bundling and aggregation could shift that