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…
Player Type
Insurers
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.
USAA Prices Record $825M Cat Bond, the Largest in Its 47-Issuance History
USAA cat bond: $825M Residential Re 2026-1 is the mutual insurer's largest ever, covering Florida residential property risk with dual SCS storm modelling across…
Hong Kong Private Health Insurance Spend Climbs 60% Above Pre-Pandemic Levels
Hong Kong private health insurance expenditure up 60% since 2019, driven by 70% surge in claim frequency. VHIS hits 1.4M policies but only 21%…
Saudi Re Q1 2026: Net Profit Rises 32% as Revenue Surges 73% on Mandatory Cession Rules
Saudi Re Q1 2026 net profit up 32% to SAR 46.7M, insurance revenue +73% to SAR 560M. How Saudi Arabia's 30% mandatory cession rules…
Baltimore Bridge Loss Reaches $2.8B, Setting a New Benchmark for US Marine Claims
Baltimore Bridge insurance loss confirmed at $2.8B — 87% above initial estimates. P&I clubs consumed 93% of their GXL tower. How reinsurers, port underwriters,…
Thomas Buberl Wins AXA Mandate Through 2030, Locking In AI and P&C Growth Strategy
AXA CEO Thomas Buberl wins a four-year mandate through 2030 confirmed at the April 30 AGM, locking in the Unlock the Future strategy with…