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Suncorp weighs additional reinsurance protection amid favourable conditions

Reinsurance News

With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have indicated the group may revisit its use of additional protections, including the potential purchase of a new aggregate reinsurance treaty, amid increa...

Posted: Feb 18, 2026

Former KPMG international tax specialist joins Gallagher’s Private Equity and M&A practice

Reinsurance News

Gallagher, a global insurance broking and risk management company, has announced the appointment of Adriana Carvalho Assuncao, a specialist international tax and M&A lawyer, as a Director within its fast-growing Private Equity and M&A prac...

Posted: Feb 18, 2026

Inszone Acquires Texas’ Scarbrough, Medlin & Associates

Insurance Journal

Inszone Insurance Services announced its expansion in Texas through the acquisition of Scarbrough, Medlin & Associates, Inc., a Dallas-based agency with more than four decades of experience serving commercial property clients. Scarbrough, Medlin...

Posted: Feb 18, 2026

Specialty Program Group Integrates Anova Marine and Logistiq Insurance Solutions

Insurance Journal

Specialty Program Group LLC (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Logistiq Insurance Solutions and the subsequent integration of Logistiq with Anova Marine Insura...

Posted: Feb 18, 2026

Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations

Insurance Journal

Two asphalt companies have agreed to pay $30 million total to resolve False Claims Act allegations that they submitted fraudulent test results to the Ohio Department of Transportation (ODOT) for federally funded asphalt projects in Ohio. Specifically...

Posted: Feb 18, 2026

Applied Systems reports Q4’25 Canadian commercial insurance premium trends

Reinsurance News

Applied Systems, an insurance technology provider serving brokers, insurers and agencies, has released its fourth quarter 2025 findings from the Applied Commercial Index, which tracks premium rate movements across the Canadian commercial insurance...

Posted: Feb 18, 2026

Luxury Steamer Wreck Found in Lake Michigan After 60-Year Quest

Insurance Journal

Searchers have discovered the wreck of a luxury steamer that sank in a Lake Michigan gale in the late 19th century, completing a quest that began almost 60 years ago. Shipwreck World, a group that works to locate shipwrecks around …

Posted: Feb 18, 2026

BayPine to acquire US independent insurance broker Relation for AI-driven expansion

Reinsurance News

BayPine, a private investment firm, has entered into a definitive agreement to acquire Relation Insurance Services, a US independent insurance broker, from Aquiline Capital Partners LP in an undisclosed transaction. According to the announcement,...

Posted: Feb 18, 2026

Increased HR Workload Drives Employers Toward Integrated Benefits Platforms

Risk & Insurance

Nearly three-quarters of employers report increased responsibilities, prompting shift to one-stop solutions, according to The Hartford's 2026 Future of Benefits Study. The post

Posted: Feb 18, 2026

Camden Diocese’s Sex Abuse Claims Fund to Get $180 Million Boost

Insurance Journal

The Catholic Diocese of Camden, New Jersey and several holdout insurers have agreed to add $180 million to a trust fund to pay claims of survivors of sexual abuse by the church’s clergy. The $180 million is in addition to …

Posted: Feb 18, 2026

Environmental Groups Challenge Decision to Revoke Basis of Climate Regulations

Insurance Journal

A coalition of health and environmental groups sued the Trump administration on Wednesday over its decision to revoke the scientific finding that forms the basis of U.S. climate regulations. The legal challenge filed in the U.S. Court of Appeals for...

Posted: Feb 18, 2026

Capital management, portfolio quality prioritised over growth, says Conduit Re CEO

Reinsurance News

Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that...

Posted: Feb 18, 2026

BayPine to acquire Relation Insurance Services

coverager

Financial terms were not disclosed.

Posted: Feb 18, 2026

Progressive reports 84.4% CR for January

coverager

The insurer ended the month with a combined ratio of 84.4% and net income of $1.16 billion.

Posted: Feb 18, 2026

Brown & Brown acquires American Adventure Insurance

coverager

Terms of the transaction were not disclosed.

Posted: Feb 18, 2026

Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance

Insurance Journal

Florida regulators announced a crackdown on people selling vehicle insurance products without a license. Insurance Commissioner Michael Yaworsky this week ordered American Dream Auto Protect Inc., an auto warranty company, to cease operations because...

Posted: Feb 18, 2026

Pinion Insurance Launches With Up to $180 Million Commitment From Barings

Insurance Journal

Specialty insurance platform Pinion Insurance announced its launch yesterday. The company will offer insurance capacity for managing general agents (MGAs) across the U.S., U.K. and European markets through a fully integrated innovative proprietary te...

Posted: Feb 18, 2026

Tesla Avoids California Sales Halt Over Autopilot Marketing

Insurance Journal

Tesla Inc. will be allowed to continue selling electric vehicles in California uninterrupted after the company revised what the state had called misleading marketing of driver-assistance technology. The automaker has taken “corrective action&#8...

Posted: Feb 18, 2026

Sompo gets regulatory approvals for $3.5bn Aspen acquisition

Reinsurance News

Sompo Holdings, Inc. has reportedly received the necessary antitrust and insurance regulatory approvals required to complete its acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Somp...

Posted: Feb 18, 2026

Swiss Re appoints Anne Lohbeck as Chief Risk Officer for P&C Re

Reinsurance News

Zurich-domiciled global reinsurance company Swiss Re has appointed Anne Lohbeck as Chief Risk Officer for P&C Re, effective 1st May 2026. Lohbeck will report to Bernhard Kaufmann, Group Chief Risk Officer, and join the Risk Management Executiv...

Posted: Feb 18, 2026

Global Insurtech Funding Surges on Record Re/Insurance Investments: Gallagher Re

Insurance Journal

Investments in global insurtech rose 19.5% during 2025 to US$5.08 billion from US$4.25 billion in FY 2024, marking the first annual increase since 2021, according to Gallagher Re’s Q4 Global Insurtech Report. During the fourth quarter of 2025,...

Posted: Feb 18, 2026

‘We Failed Them:’ MS Senators Call for Improved Disaster Response After Storm

Insurance Journal

North Mississippi senators pleaded for an improved disaster response from the state last week as thousands of their constituents still lacked power nearly three weeks after the January winter storm. Sen. Rita Potts Parks, a Republican from Corinth, r...

Posted: Feb 18, 2026

Verisk caps off 2025 with revenue of $3.07bn

Reinsurance News

Verisk, a strategic data analytics and technology partner to the global insurance industry, has reported total revenue of $3.073 billion for 2025, an increase of 6.6% compared with 2024. According to the firm, underwriting revenues rose 7.7% from...

Posted: Feb 18, 2026

Coalition Against Insurance Fraud Announces New Leadership Appointments

Insurance Journal

The Coalition Against Insurance Fraud announced new leadership appointments across several of its committees and task forces, reinforcing its commitment to collaboration, innovation, and excellence in fraud prevention. The Coalition’s 14 commit...

Posted: Feb 18, 2026

AI Needs Its Own Risk Class: Lockton Re

Insurance Journal

The rapid adoption of artificial intelligence by organizations across all industries is changing the commercial risk landscape; it’s time to consider making AI its own risk classification, according to a new report from Lockton Re, in collabora...

Posted: Feb 18, 2026

Flood risk intensifies as insurance protection lags across the US: Triple-I

Reinsurance News

The Insurance Information Institute (Triple-I), a US-based trade association representing the insurance industry and providing research and data on risk trends, reports that 2025 saw a rapid succession of deadly floods across the country, undersco...

Posted: Feb 18, 2026

Fidelis Insurance promotes O’Donovan to Group Chief Actuary

Reinsurance News

Fidelis Insurance Holdings Limited, the Bermuda-domiciled re/insurer, has promoted Shane O’Donovan as Group Chief Actuary. In his new role, O’Donovan will continue to report to Jonny Strickle, Group Managing Director, who continues to oversee the...

Posted: Feb 18, 2026

Goosehead’s total revenue climbs 12% to $105.3m in Q4’25

Reinsurance News

Goosehead Insurance, Inc., an independent personal lines insurance agency, has reported total revenues of $105.3 million in the fourth quarter of 2025, representing a 12% increase compared to the same period a year earlier. Core revenue, a non-GAA...

Posted: Feb 18, 2026

BMS launches new Accident & Health division with five senior appointments

Reinsurance News

BMS, the independent insurance and reinsurance broker, has confirmed five appointments to its newly formed Accident & Health (A&H) division, based in London. The new team will work alongside BMS’s established A&H relationships, providi...

Posted: Feb 18, 2026

Pacific Life Re strengthens presence in Dutch market with €1.3bn longevity swap

Reinsurance News

Life reinsurer Pacific life Re has strengthened its presence in the Dutch market with the completion of a €1.3 billion longevity swap reinsurance transaction with Aegon Levensverzekering N.V., part of the a.s.r. group. This agreement is Pacific Li...

Posted: Feb 18, 2026

From Brooklyn Bookshelves to Building Resilience: Lesli Rice on Mentorship, Market Shifts and Modern...

Risk & Insurance

Alterra Property Group's Lesli Rice reflects on risk management leadership, shrinking coverage, mentorship strength, and emerging AI concerns. The post

Posted: Feb 18, 2026

Fuse introduces Radar: AI-driven market intelligence for insurance professionals

Reinsurance News

Fuse International, Inc., a company specialising in data-driven solutions for the insurance sector, has launched Radar, an artificial intelligence-powered market intelligence platform aimed at enhancing decision-making for commercial and specialit...

Posted: Feb 18, 2026

German Union Files Defamation Complaint Against Tesla Factory Manager

Insurance Journal

Germany’s IG Metall has filed a criminal complaint against the manager of Tesla’s factory near Berlin, accusing him of “spreading false allegations,” the union said on Tuesday, in another sign of its souring relations with the...

Posted: Feb 18, 2026

Casualty drives top-line growth at Conduit Re in 2025 as revenue rises 10%

Reinsurance News

Bermuda-based reinsurer Conduit Re recorded a 6.9% rise in gross premiums written (GPW) for the full year 2025, driven by the casualty segment with modest growth in property, as the firm’s undiscounted combined ratio rose by 4.4 percentage p...

Posted: Feb 18, 2026

How University Faculty Use the UA Program to Bridge Classroom Learning and Industry Expectations

Insurance Journal

For decades, the Risk & Insurance Education Alliance has supported professional development across the insurance and risk management industry, delivering respected designations and helping professionals connect education with real-world practice....

Posted: Feb 18, 2026

Dyad to Showcase AI-Powered ALIS DX Platform at the 2026 WSIA Underwriting Summit

Insurance Journal

ALIS DX provides wholesale, underwriting and delegated authority teams with AI-driven intake and workflow automation Dyad, a leading provider of insurance technology solutions for MGAs, wholesalers, and program administrators, today announced its par...

Posted: Feb 18, 2026

Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs

Insurance Journal

Munich Re’s primary insurance unit ERGO aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence. The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesma...

Posted: Feb 18, 2026

Suncorp maintains strong capital position despite higher H1’26 natural hazard costs

Reinsurance News

Despite natural hazard costs rising sharply to AU$1.319 billion in H1 2026, from AU$503 million a year earlier, Suncorp said its underlying business “remains resilient”, and its capital position continues to be strong. “While Suncorp’s H126 report...

Posted: Feb 18, 2026