Lemonade’s Q1’26 Revenue Increases 71% as Net Loss Narrows
Lemonade reported Q1 2026 revenue of $258 million, a 71% year‑over‑year increase driven by higher gross earned premiums and improved premium retention after lowering quota‑share cessions. Net loss narrowed to $35.8 million from $62.4 million, while gross profit surged 159% to $100.1 million. In‑force premium rose 32% to $1.33 billion and the customer base grew 23% to over 3.1 million. The insurer said it is on track for its first adjusted EBITDA‑positive quarter in Q4 2026.
New Dawn Risk Introduces Specialist Cyber Insurance Solution Focused on US Healthcare Privacy Risks
New Dawn Risk, a Lloyd’s specialist broker, has launched a cyber insurance product tailored for U.S. healthcare, life‑science and pharmaceutical firms. The policy adds an aggregate limit dedicated to HIPAA and biometric privacy fines, preserving the main cyber coverage limit....
Aon Identifies Gap Between AI Ambition and Workforce Investment in Human Capital Trends Study
Aon’s inaugural Human Capital Trends Study reveals a widening gap between AI ambition and workforce investment. While 88% of employers anticipate new skill requirements and 73% have deployed or piloted AI, only 18% report that most of their staff have...
The Fidelis Partnership Names David Woods as Ireland CEO
The Fidelis Partnership (TFP) has appointed David Woods as Ireland CEO, effective 1 July 2026, while current CEO Rob Kelly moves to Group Director of Finance. The shift follows TFP’s relocation of its primary European entity from Brussels to Dublin in December 2025,...
Slide’s Net Income Rises 51% and CoR Improves in Q1’26
Slide Insurance Holdings reported a Q1 2026 net income of $139.5 million, a 50.8% jump from the prior year. Gross premiums written rose 49.1% to $414.8 million, while net premiums earned increased 37.5% to $365.9 million. The combined ratio improved to 55.5% from 58.9%...
Zurich Appoints Amit Kalra to Lead New Global Capability Center in India
Zurich announced the launch of a new Global Capability Centre (GCC) in Hyderabad, India, appointing Amit Kalra as Head of Zurich Capability Centres effective 1 July 2026. The centre will centralise engineering, data, AI and core business operations, embedding AI‑enabled processes across...
Miller Names Lockton’s Graham Wynes as Head of Claims
Miller, a specialist insurance and reinsurance broker, has appointed Graham Wynes as Head of Claims, effective April 28, 2026, based in London. Wynes joins from Lockton, where he spent 14 years as Partner and Head of Claims, and also brings...
Beazley Finds Growing Gap Between Business Confidence and Cyber Resilience as Risks Intensify
Beazley’s 2026 Risk & Resilience report, based on 3,500 global executives, finds cyber risk now tops 31% of business concerns, up from 29% in 2025. Yet 78% of leaders remain confident they could fully recover financially from an attack, and...
Conduit Re CFO Elaine Whelan to Retire in Q3’26
Chief Financial Officer Elaine Whelan announced she will retire from Conduit Holdings and Conduit Re effective September 30, 2026. Whelan, who also serves as an Executive Director, will remain in her role through the transition to ensure continuity. The board...
Lynx Specialty Joins with Property Guardian to Strengthen Wildfire Risk Underwriting
Lynx Specialty, an excess‑and‑surplus insurer focused on commercial property, has partnered with Property Guardian to embed parcel‑level wildfire analytics into its underwriting. The collaboration gives underwriters detailed exposure, severity, mitigation and suppression data for individual sites, rather than broad area...
Saudi Re Completes Surplus Distribution, Reverses SAR 53.5m
Saudi Re announced the completion of its surplus distribution policy, reversing SAR 53.46 million (≈$14.4 million) from reserve liabilities back into profit and loss. The adjustment is expected to lift the insurer’s Q2 2026 earnings. In 2025 the reinsurer posted a 48% revenue jump...
ICA Urges Greater Federal Investment in Flood Defences for Local Communities in Australia
The Insurance Council of Australia (ICA) has submitted recommendations to a federal parliamentary inquiry urging a 10‑year, $30.15 bn Australian (≈$20 bn US) Flood Defence Fund jointly financed by the federal government and the states of Queensland, New South Wales and Victoria....
Active Re COO Highlights MGA Opportunity in Barbados
At the Barbados Risk & Insurance Management Conference, Active Re COO Robert Ali highlighted Barbados as an attractive domicile for managing general agents (MGAs) because of its risk‑based capital framework, swift licensing process, and favorable tax regime. He noted that...
Gallagher Re Says April US Storm Outbreaks to Exceed $1bn in Insured Losses
Gallagher Re estimates that the severe convective storm outbreaks across the central and eastern United States in April 2026 will generate more than $1 billion in insured losses. The damage is driven primarily by large hail events, at least 124 confirmed...
The Hartford’s Momentum Continues in Q1’26 as Net Income Hits $851m
The Hartford reported a 36% jump in Q1 2026 net income, reaching $851 million, driven by lower catastrophe losses, higher investment income, and premium growth. Property & Casualty written premiums rose 4%, with Business Insurance premiums up 6% and an underlying combined...
Agam Capital and 1823 Partners Collaborate on Integrated Capital and ALM Capabilities for Insurers
Agam Capital and 1823 Partners have forged a long‑term strategic alliance to deliver integrated capital and asset‑liability management (ALM) solutions for insurers worldwide. The partnership combines Agam’s AI‑driven pALM and LeadAii platforms with 1823’s expertise in long‑duration capital sourcing and...
Moody’s Upgrades Peak Re’s Ratings on Consistent Operating Performance and Underwriting Discipline
Moody’s upgraded Peak Re’s Insurance Financial Strength Rating to A3 from Baa1, citing consistent operating performance, disciplined underwriting and strong risk management. The agency also raised the rating of the subsidiary’s perpetual subordinated capital securities to Baa2. Peak Re reported...
Universal Reports 31% Rise in Q1’26 Net Income on Improved Loss Ratio and Investment Income
Universal Insurance Holdings posted a 31% jump in first‑quarter 2026 net income, reaching $54.3 million, driven by a lower loss ratio and higher investment income. The loss ratio fell to 63.9% from 70.5% a year earlier, pushing the combined ratio to...
UK Carbon Credit Sector Valued at £1.2bn as Industry Bodies Urge Stronger Government Strategy
The City of London Corporation and the UK Carbon Markets Forum released a report valuing the UK carbon credit economy at £1.2 billion (about $1.5 billion) annually and supporting more than 11,000 jobs. It notes that global carbon markets could expand to...
Reassured Partners with Adviser.Ai to Support Digital Transformation and Customer Experience
Reassured, a UK life‑insurance broker, has partnered with cloud‑based platform Adviser.AI to accelerate its digital transformation and enhance customer engagement. The collaboration automates marketing, enquiries, policy communications, cross‑selling and retention, freeing agents to focus on service quality. A trial that...
Liberty Specialty Markets Restructures Its European Fine Art & Specie Unit
Liberty Specialty Markets has reorganized its European Fine Art & Specie (FA&S) underwriting team, effective May 1, 2026. Bjoern Reusswig is now European Underwriting Manager for Contingency, Fine Art & Specie and War & Terrorism, reporting to Chief Underwriting Officer David Saillen. Paolo Frassetto has...
JBA Risk Management Releases Global Climate Change Flood Mapping Suite
JBA Risk Management launched a global flood‑mapping suite that integrates climate‑change projections into its existing flood hazard models. The new tools let insurers, investors and corporates visualize how river, surface‑water and coastal flood exposure could evolve under multiple climate scenarios....
Openly Expands Reinsurance Partnership with Allianz Re Alongside New Growth Investment
Openly announced an expanded reinsurance partnership with Allianz Re and closed a growth investment round led by Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X. The deeper alliance boosts Openly’s capacity and financial footing,...
Kristyn Smallcombe Named CUO of Ascot U.S.
Ascot, a global specialty insurer, has named Kristyn Smallcombe as Chief Underwriting Officer for its U.S. operation. Smallcombe will shape and execute the U.S. underwriting strategy, emphasizing profitability, growth, and portfolio diversification. She reports to CEO Matt Kramer and will...
Clockwork Re Appoints Mark Elliott as Director
Clockwork Re, a Guernsey‑based category 4 commercial general reinsurer founded in January 2025, has appointed Mark Elliott as a Director. Elliott brings more than 25 years of experience across reinsurance, insurance and insurance‑linked securities, and currently serves as CEO of Marco Capital Re...
Lloyd’s Delivers Strong Results Despite Softer Pricing: Fitch
Fitch says Lloyd’s strong underwriting and capital position will help it weather a softer pricing cycle through 2026. The market posted £5.2 bn ($6.5 bn) underwriting profit and an 87.6% combined ratio, while investment income reached £6.0 bn ($7.5 bn). Solvency II coverage stood at...
Boleron Says It Is First Insurance Broker Approved by OpenAI to Distribute Through ChatGPT
Boleron, a Bulgaria‑based broker, became the first insurance intermediary approved by OpenAI to distribute policies through ChatGPT, initially launching a travel‑insurance quote‑compare experience. The firm plans to make 35 products from ten carriers available on AI platforms by the end...
Blenheim Underwriting Adds Munich Re’s Ian Ritchie as Contingency Underwriter
Blenheim Underwriting has appointed Ian Ritchie, formerly of Munich Re’s Lloyd’s syndicate, as its new Contingency Underwriter effective June 2026. Ritchie will broaden the MGA’s non‑appearance portfolio by adding lines such as event cancellation, prize indemnity, contractual bonus, over‑redemption, film...
Christopher Filiaggi to Serve as Corebridge Financial’s Interim CFO
Corebridge Financial announced that Christopher Filiaggi, its current Chief Accounting Officer, will step into the role of interim Chief Financial Officer effective April 24, 2026. The interim appointment will last until Corebridge completes its all‑stock merger with Equitable Holdings, a deal that values...
Howard Hughes Holdings Welcomes Marc Grandisson to Board and Announces $10m Warrant Investment
Howard Hughes Holdings Inc. announced the appointment of former Arch Capital CEO Marc Grandisson to its board, effective May 7, 2026, and disclosed a $10 million warrant purchase for over 1.1 million shares. The move coincides with the company’s pending $2.1 billion acquisition...
US SCS Loss Surge Largely Driven by Non-Hazard Factors, Not Just Climate: Gallagher Re’s Bowen
Gallagher Re’s chief science officer Steve Bowen says the surge in U.S. severe convective storm (SCS) losses since 2008 is driven largely by macro‑economic and socioeconomic forces, not just climate change. Roughly 80‑90% of the loss increase stems from higher...
Lloyd’s Shifts to More Competitive, Capital-Driven Market, Says Howden Re
Howden Re’s latest Lloyd’s market analysis shows the London market is becoming more competitive and capital‑driven. Capacity continues to grow, backed by strong capital inflows, while pricing softens and profit remains resilient. Growth now stems from volume, portfolio mix and...
Fuse Launches Live Peril Dashboard for Commercial Insurance
Fuse International has released Watch, a live peril dashboard that visualizes every active US weather and natural‑hazard event on a single map for commercial insurance professionals. The platform aggregates data from the National Weather Service, NOAA, USGS and satellite sources,...
ADNIC Secures Regulatory Approval to Establish Branch in India’s GIFT-City
Abu Dhabi National Insurance Company (ADNIC) secured a licence to conduct reinsurance business from India’s GIFT City, effective April 1, 2026. The approval expands ADNIC’s international footprint, building on its existing cross‑border reinsurance activities in India and its recent entry...
Insurance Advisory Partners Adds New Partner for Broker & Insurance Distribution M&A, US
Insurance Advisory Partners (IAP) has appointed veteran investment banker Lou Caltavuturo as a Partner in its New York office. Caltavuturo will lead broker and insurance distribution M&A and capital‑raising efforts across the United States. He joins IAP after senior roles...
Agam ISAC Platform Sees Continued Growth in Bermuda
Agam Capital is acting as the principal advisor for a new Bermuda‑based reinsurance platform launched by one of the United States' largest mutual life insurers. The entity is organized as an incorporated segregated account (ISA) and operates as a Class E...
Achmea Appoints Rogier Peters as Executive Board Member and CRO
Achmea, a leading Dutch insurer, announced that Rogier Peters will become a member of its Executive Board and Chief Risk Officer on 1 October 2026, succeeding Michiel Delfos. Peters brings a strong actuarial background and CRO experience from MSIG Europe, Ageas UK,...
CEO John Doyle Expects Marsh to Be an ‘AI Winner’
Marsh CEO John Doyle announced that the firm will become an “AI winner” by leveraging its scale to embed artificial intelligence across three pillars—growth, productivity and efficiency. The company is rolling out AI‑enabled products such as ADA, Centris, Euclid and...
AM Best Revises Florida Farm Bureau Group’s Outlook to Positive
AM Best has affirmed Florida Farm Bureau Group’s B++ financial strength rating and its “bbb+” long‑term issuer credit rating, while upgrading the outlook from stable to positive. The change follows a series of underwriting improvements, including rate hikes, stricter guidelines and...
Eirion Risk Underwriters Launches Construction Professional Liability Program
Eirion Risk Underwriters has launched a Construction Professional Liability (CPL) program that offers annual, project‑specific and Owner’s Protective Professional Indemnity coverages. The product is backed by A+ XV‑rated capacity from Beazley at Lloyd’s of London, providing limits up to $10 million...
Graham Blackwell to Succeed Taylor Rhodes as Applied Systems CEO
Applied Systems announced that Graham Blackwell will succeed Taylor Rhodes as chief executive, with the transition slated to complete before the Applied Net 2026 conference in September. Blackwell, who joined the firm in 2020 as CFO and now serves as...
Liberty Specialty Markets Unveils Several New Appointments Within FinPro Division
Liberty Specialty Markets announced four senior underwriting appointments in its Financial and Professional Lines (FinPro) division, reshaping leadership across London and UK regional markets. Lucy Ling and Amanda Burnell will head D&O London and Professional Indemnity (PI) London respectively, while...
Former Verisk CEO Stephenson Joins ZestyAI’s Board of Directors
ZestyAI, an AI‑driven insurance risk analytics firm, announced that former Verisk Analytics chairman, president and CEO Scott Stephenson has joined its board. Stephenson spent over two decades at Verisk, guiding the company through a market‑cap surge that more than quadrupled...
Captive Insurance Identified as a Financing Mechanism Supporting Renewable Energy Growth: AXA XL
AXA XL released the report "Future Energy Finance: How Captives are Powering Renewable Growth," highlighting captive insurance as a pivotal financing tool for the accelerating renewable‑energy transition. The study notes that by 2030 global renewable capacity could add 4,600 GW, with...
Aon Expects Market Dynamics to Accelerate Legacy Activity at Lloyd’s
Aon’s April 2026 Lloyd’s Legacy Report predicts a surge in legacy transactions as disciplined capital allocation and a softer reinsurance cycle reshape the market. Since 2010, specialist firms have assumed nearly $15 bn of reserves through Reinsurance‑to‑Close (RITC) syndicates, highlighting growing...
Record Buyout Conversions Fail to Reduce Growing Insurer Backlog: Barnett Waddingham
Barnett Waddingham’s 2026 survey of the 11 bulk‑annuity insurers shows that while buyout activity hit a record 160 defined‑benefit schemes in 2025 – a 30% rise on 2024 – the overall backlog is swelling. The firm projects roughly 300 buyouts...
New Mountain CEO Outlines Long-Term Vision to Build Diversified, Multi-Line Reinsurance Platform
New Mountain has launched VictoryRe, a new reinsurance carrier, and its first collateralised vehicle, NovaRe, to provide capacity to specialty MGA Novacore. The initiative marks the firm’s entry into the reinsurance market and aims to build an integrated platform combining...
Millions of California Homeowners Face Flood Risk as only 1.4% of Properties Insured: Neptune Flood
A Neptune Flood report finds that 2.3 million California homes will be exposed to flood risk over the next 30 years, yet only 1.4% currently carry residential flood insurance. Modern flood modelling identifies more than twice as many at‑risk properties as...
Vienna Insurance Group Confirms Board Changes Across Key Subsidiaries
Vienna Insurance Group (VIG) approved a comprehensive reshuffle of its senior leadership, effective 1 July 2026. The Group’s Managing Board will expand from seven to eight members, adding Judit Havasi and Sonja Raus while promoting Gerhard Lahner to Second Deputy CEO, and...
Xceedance Hires Swapna Allapur as CPO to Drive People Strategy for AI-Enabled Insurance
Xceedance, a global insurer‑tech solutions provider, has appointed Swapna Allapur as Chief People Officer. Allapur will steer a worldwide people strategy that readies the workforce for large‑scale AI transformation, emphasizing upskilling, governance and change management. Her mandate includes building capability,...