South Korea’s Life Insurance Profit Surges 40% as Non-Life Falls 12% in Q1 2026
South Korea Q1 2026 FSS data: life insurance net profit surged 40.6% to ₩2.37 trillion on IFRS 17 CSM mechanics, while non-life fell 12.3%…
Line of Business
Property & Casualty
TSR Revises 2026 Hurricane Forecast Down 50%, Triggering Mid-Year Cat Rate Cuts
TSR's May 28 revision to 11 named storms and ACE index 55 — 40% below climatology — is compressing mid-year 2026 cat reinsurance pricing…
State Farm’s $1.5B Merna Re Cat Bond Benchmarks Aggregate ILS Protection
State Farm cat bond aggregate protection: $1.5B Merna Re 2026-1 raises total ILS capital to $4.5B — Class A at 6.25%, Class B at…
Galapagos Capital’s R$126M LRS Sets New Benchmark for Brazil’s ILS Regime
Brazil ILS Galapagos Capital R$126M milestone: the fourth LRS issuance under Brazil's domestic ILS regime and the first with institutional syndication marks the maturation…
DB Insurance Takes 100% of Fortegra as Korean Insurers Target US Specialty Scale
DB Insurance Fortegra acquisition — the $1.65B deal for the US specialty carrier — clears Korean FSC approval and targets mid-2026 close, marking the…
Everest Group Exits Colombia and AIG Moves In, Redrawing LATAM’s Mid-Market Insurance Map
Everest Group Colombia AIG acquisition announced 19 May 2026 shows how soft LATAM rates — property down 12%, composite -8% in Q1 2026 —…
US P&C Logs Best Q1 Underwriting Margin in 25 Years — With a Soft-Market Warning Baked In
US P&C underwriting profit Q1 2026 hit a 25-year high with a combined ratio of 89.5, validating hard-market discipline — but premium declines across…
APRA Revokes Eric Insurance’s Licence, Closing Three Years of Managed Exit After Add-On Reform Collapse
APRA Eric Insurance licence revocation on 21 May 2026 closes a three-year managed exit triggered by Australia's 2021 add-on motor reform, with the DOCA…
FCA Warns Young UK Drivers: 49% Buy Motor Cover via Social Media as Ghost Broker Fraud Grows
FCA May 2026: 49% of young UK drivers buy motor insurance via social media, often from ghost brokers selling invalid policies with no FCA…
Generali’s €2.2B Q1 2026 Operating Result Widens Europe’s Diversification Advantage
Generali Q1 2026: €2.2B operating result (+8.1%), €1.27B net profit, and €905B AUM signal Europe's diversification advantage as P&C markets soften globally.