Swiss Re: 2026 Insured Cat Losses Tracking Toward Third-Worst Year on Record
2026 insured catastrophe losses are tracking toward the third-highest annual total on record, driven by secondary perils as reinsurance pricing softens 14.7% at January…
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PERILS Lifts Windstorm Nils Loss Estimate 31% to €767M as European Reserves Fall Short
Windstorm Nils insured loss hits €767M after a 31% PERILS revision, exposing European P&C reserve gaps and reshaping 2027 reinsurance pricing.
Iran Launches Bitcoin-Backed Maritime Cover to Bypass Western Sanctions in Hormuz
Iran maritime insurance platform Hormuz Safe offers bitcoin-settled tanker coverage in Hormuz, bypassing SWIFT and OFAC after war-risk premiums spiked 40x.
TD Insurance Deploys Canada’s First Big Five AI Chatbot for Policy and Claims
TD Insurance launched TDI Virtual Assistant on May 1, 2026 — Canada's first Big Five generative AI chatbot for home, auto, and small business…
Munich Re Books €106M in Iran War Provisions as Hannover Re Reports Zero Exposure
Munich Re's €90M Iran war provisions vs Hannover Re's zero reserve reveals how specialty book concentration amplifies geopolitical tail risk in Q1 2026.
AXA XL’s New Prevention Unit Makes Risk Mitigation a Standalone P&L Center
AXA XL created a dedicated Prevention Services unit on May 13, 2026 — its fifth P&L center — appointing former Global CUO Libby Benet…
Intact Financial Explores Hiscox Acquisition in a Cross-Border UK Specialty Play
Intact Financial's exploratory bid for Hiscox sent the FTSE 100 specialty insurer's shares up 15.3% on May 15, as Canada's leading P&C platform eyes…
Beazley Flags AI-Driven Supply Chain Attacks as Next Frontier for Cyber Underwriting
Beazley cyber insurance warned in May 2026 that AI-powered supply chain attacks create correlated portfolio losses, forcing underwriters to rebuild coverage models and introduce…
MS&AD Secures 18% Stake in MassMutual’s Barings to Chase Returns Beyond Japan’s Low-Yield Market
MS&AD Insurance Group has completed an 18% stake in MassMutual's Barings platform. The deal marks Japan's largest non-life insurer pivoting to global alternative asset…
Aviva Q1 2026: General Insurance Premiums Surge 19% to £3.4bn as AI Reshapes Reinsurance Sourcing
Aviva Q1 2026 general insurance premiums rose 19% to £3.4bn on Direct Line integration. The insurer's AI-driven reinsurance sourcing signals how data-rich cedants are…