News

Insurance

Parametric insurance to be worth $64bn within a decade, says USI

Broker also predicts international property rates increasing by 10% as named storms approach.   2 June 2026

Technology

P&C carriers adopting AI faster than they know what to do with it: Convr

Most are deploying AI tools but few are confident as to what strategic purpose.   2 June 2026

Reinsurance

Japanese life insurers double cession rate under new solvency regime

Asset-intensive deals gain momentum as J-ICS reshapes capital management.   2 June 2026

Insurance

Marsh says rival lifted half of local broking office and 71 clients

Count it as decade-old breakage from Marsh’s 2017 acquisition of JSL.   2 June 2026

Reinsurance

The softening speeds at 6/1; capacity takes down much more than rate

The broadest array of structures in recent memory and “most” reinsurers are game.   2 June 2026

Reinsurance

Florida insurers bump reinsurance cover at June 1 renewals, save money

American Integrity and HCI Group see savings on nat cat reinsurance premiums.   2 June 2026

Insurance

Markel International creates marine, energy and construction division

Veteran underwriter takes charge of newly structured specialty platform.   2 June 2026

Technology

Exclusive: Gen AI will make underwriting more attractive again and bring new talent: Munich Re

AI-driven underwriting could ease talent pressures in life insurance while widening insurability for complex medical conditions.   2 June 2026

Insurance

WTW acquires digital asset platform to expand crypto insurance offering

Deal adds recovery-focused protection capabilities for digital asset owners.   2 June 2026

Reinsurance

Willis Re hires Gallagher Re analytics and digital leader

New appointment brings catastrophe analytics and research expertise to broker.   2 June 2026

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