Ceded Reinsurance Premium Jumps 18% as Gallagher Re Tracks US MGA Growth
Ceded reinsurance premium rose 18% to $21.2 billion in 2025 as rated reinsurers, led by Munich Re and Hannover Re, reasserted themselves in MGA…
Region
North America
Aon Q2 Data: US Property Insurance Rates Soften Ahead of Storm Season
US property insurance rates keep falling in Aon Q2 data, even as a terrorism rate spike and hurricane-season uncertainty test market complacency.
SiriusPoint Launches Fine Art and Specie Line, Names Aspinall Head
SiriusPoint fine art specie unit debuts with Mark Aspinall as head, marking its second London Market Specialty division launch in just three months.
Travelers Builds TravelersLLM In-House as Combined Ratio Hits 88.6%
TravelersLLM protects Travelers' underwriting data in-house, layering Claude on top -- and its 88.6% combined ratio shows AI spend isn't hurting margins.
OSFI Credit-Risk Rulebook: Canadian Insurers Have Until July 29 to Weigh In
OSFI credit risk guideline consultation closes July 29, 2026, folding insurer exposures into one principles-based rulebook replacing B-20.
US House Extends TRIA Terrorism Reinsurance Backstop Through 2034
TRIA terrorism reinsurance backstop extended through 2034 as the US House votes 373–15 for H.R. 7128, raising the 2029 event-certification threshold and codifying a…
ProAssurance Acquisition Closed at $1.3bn: The Doctors Company Becomes MPL’s Dominant Force
ProAssurance acquisition closed June 26 as The Doctors Company paid $25/share ($1.3bn all-cash), creating the US MPL market's dominant carrier with $12bn assets and…
Hub International Files Confidentially for US IPO at $29bn Valuation
Hub International IPO: the $29bn PE-backed broker files a confidential Form S-1, testing the stalled broker-IPO window amid a 5.5x leverage challenge.
AM Best: The US Cyber Insurance Market Has Split in Two
US cyber insurance market splits into surplus-lines and admitted sub-markets as the industry loss ratio hits 53.0% and pricing falls for eight straight quarters.
Lemonade Lands $250m Hannover Re Facility to Fund Growth Spend
Lemonade Hannover Re financing: Hannover Re's $250m growth facility replaces General Catalyst as Lemonade approaches EBITDA breakeven in 2027.