Munich Re Names Kevin Rethual CEO of Retakaful as Islamic Finance Hits $3.9T
Munich Re Retakaful 2026 gets a new CEO: Kevin Rethual takes over June 1 as Islamic finance assets surpass $3.88 trillion and takaful grows…
Player Type
Insurers
Palomar Reaches $1.28B Cat Bond High With Seventh Torrey Pines Re Issuance
Palomar cat bond 2026 issuance raises $410M via Torrey Pines Re 2026-1, lifting its ILS portfolio to an all-time $1.28B high as mid-market specialty…
Swiss Re Q1 2026 Net Income Rises 19% to $1.5B as War Reserves Hit $400M
Swiss Re Q1 2026 net income rose 19% to $1.5B on a record 79.5% P&C combined ratio, while a $400M war reserve signals rising…
Duck Creek Bets on Agentic AI to Automate Underwriting and Claims Workflows
Duck Creek launches an insurance-native Agentic AI Platform processing 30M+ claims annually and targeting $80B in U.S. efficiency gains, becoming the first major core-system…
EIOPA Locks In Solvency II Supervisory Guidelines for January 2027 Implementation
EIOPA finalises revised Solvency II supervisory guidelines effective January 2027: 26% fewer quarterly templates, a 21% risk margin reduction, and mandatory DORA compliance embedded…
AIG Completes Corebridge Separation With $710M Final Stake Sale
AIG sells its final Corebridge stake for $710M, completing a $6B three-year separation that cements AIG as a pure-play P&C carrier while Nippon Life…
Berkshire Hathaway Names Charlie Shamieh Successor to Ajit Jain in Reinsurance Leadership Shift
Berkshire Hathaway names Gen Re Chair Charlie Shamieh as Ajit Jain's successor, signaling disciplined underwriting in a capital-rich reinsurance market with a $176B insurance…
Swiss Re Names Dean Galligan to Lead L&H Transactions as Longevity Pipeline Builds
Swiss Re creates a dedicated Head of L&H Transactions role, naming Goldman Sachs and Phoenix Group veteran Dean Galligan—signaling intent to compete aggressively in…
India Opens Insurance Sector to Full Foreign Ownership Under 100% Automatic FDI Route
India insurance FDI cap lifted to 100% via automatic route—removing the 74% foreign ownership ceiling and opening the world's fastest-growing major insurance market to…
Allianz Transfers Global Cyber Book to Coalition MGA in a 10-Year Exclusivity Deal
Allianz commercial cyber portfolio moves to Coalition MGA under 10-year exclusivity covering six markets—the largest carrier exit from proprietary cyber underwriting on record.