Howden Re Hires Five Cyber Reinsurance Specialists as Rates Drop 32%
Cyber reinsurance demand drives Howden Re to hire five specialists despite 32% rate declines, as ransomware frequency surges 45% year-over-year.
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APRA Calls for Step Change in AI Risk Governance Across Insurance Sector
APRA AI risk governance directive urges insurers to strengthen AI controls as EIOPA and NAIC frameworks converge, creating H2 2026 compliance deadlines.
Ageas Takes Full Ownership of AG Insurance in €1.9B Deal with BNP Paribas
Ageas AG Insurance acquisition completes at €1.9B, giving Belgium’s top insurer full ownership and securing a 15-year BNP Paribas bancassurance deal.
AIG Underwriting Income Surges 219% to $774M as Combined Ratio Hits 87.3%
AIG underwriting income surged 219% to $774M in Q1 2026 as the combined ratio improved 850 basis points to 87.3%, outpacing the P&C sector.