Brown & Brown Taps Anthropic, McKinsey, Accenture for AI Overhaul
Brown & Brown AI transformation splits strategy, build and model across McKinsey, Accenture and Anthropic, the opposite bet from Acrisure's job cuts.
Topic
Innovation
Chubb’s $1.94B Underwriting Gain Masks a Reinsurance Balancing Act
Chubb's Q2 2026 P&C underwriting income jumped 18.8% to $1.94B, but lower catastrophe losses drove it, not pricing, as Greenberg buys more reinsurance.
FCA’s AI Sandbox Cohort 2 Picks 21 Firms From 199 Applications
FCA's AI Sandbox cohort 2 admits 21 firms from 199 applicants, with fraud, governance and compliance use cases leading the selected list.
OSFI’s Catastrophe Bond Rule Skips the 20% Margin, Only for Canada
OSFI catastrophe bonds now earn zero-margin capital credit under Canada's MCT, but only when collateral stays onshore and OSFI pre-approves the deal.
Aon Doubles Down on Data Centres With $5bn Lifecycle Insurance Program
Aon expands data centre insurance capacity to $5bn under DCLP, pushing engineering and risk intelligence upstream to make hyperscale assets bankable.
Travelers Q2 Net Income Hits $2.2B as Catastrophe Losses Halve
Travelers Q2 2026 results show record net income of $2.2 billion as catastrophe losses halved and the combined ratio fell to 83.6% on discipline.
UK Captive Regime Consultation Promises 4-6 Week Authorisations by Mid-2027
UK captive insurance regime consultations from the FCA and PRA promise 4-6 week authorisations by mid-2027, undercutting Marsh's own setup benchmark.
Guy Carpenter Ties Rising Cyber Losses to Litigation and Tech, Not More Attacks
Litigation and technology, not attacks, drive cyber claims-cost inflation, Guy Carpenter finds, as Marsh and Aon show falling frequency, stubborn severity.
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…
Allianz Partners to Cut Up to 1,800 Travel Insurance Jobs in AI Overhaul
Allianz AI job cuts will hit up to 1,800 travel-insurance and claims roles as Allianz Partners bets on automation and a 2030 revenue-doubling target.