Insurance archive
Every Insurance story, newest first. 384 stories
2 stories
- The Wrap
Three local disasters split the soft reinsurance market
A Hong Kong fire, a Colombia quake and a Midwest derecho are forcing underwriters to price by geography, not product line.
- The Wrap
The reinsurance capital cleanup has begun
As pricing softens, third-party capital is being returned or bought out at discounts while Bermuda's registered ranks keep growing.
10 stories
- Insurance regulation
AM Best holds PrimeOne's ratings, keeps review open
The B- and bb- ratings are unchanged, and so is the question of where they go next.
- Insurance regulation
Bermuda's July additions raise 2026 tally to 42
Hector Insurance, a captive, is among the BMA's July additions, putting the 2026 total at 42.
- Insurer portfolios
Manulife stays constructive on risk assets in Q3 outlook
The multi-asset team leans on healthy fundamentals while flagging inflation and fresh Fed-style uncertainty.
- Insurer portfolios
Tokenization's case to insurers starts with collateral
Insurance AUM Journal's analysis by Calum McNiven sees the near-term payoff in making existing assets work harder, not in new asset classes; governance and infrastructure remain the hurdle.
- The Wrap
ILS moves beyond weather: sidecars take on M&A risk
Record reinsurer profits are pushing insurance-linked capital into transactional risk. Aon, Hannover Re, and Twelve Securis are building the structures.
- Insurance regulation
Dhipaya keeps its AM Best ratings, gains a Thai benchmark
The Thai insurer's global ratings stay put; the new domestic scale gives local investors a sharper benchmark.
- Insurance regulation
AM Best moves EquiTrust's outlook to stable, affirms B++
The positive outlook is withdrawn; EquiTrust stays at B++ with no upgrade in prospect.
- Insurance regulation
AM Best moves ELCO Mutual Life outlook to positive
The issuer credit outlook now points to a possible upgrade, but the release's reasoning sits behind a CAPTCHA wall.
- The Wrap
The soft landing is being bought with record returns
Europe's big reinsurers are using unprecedented profits to cut nat-cat prices and push risk higher, while third-party capital absorbs the margin compression.
- Cat bonds & reinsurance
AM Best: Big Four hold cat appetite as rates soften
The rating agency says 2026 renewals stayed within Swiss Re, Munich Re, Hannover Re and SCOR's restructured property cat appetites, attaching higher.
15 stories
- Insurance regulation
AM Best affirms Agro after intra-group reinsurance lifts capital
The stable A+ affirmation reflects a strengthened balance sheet built on a new affiliate reinsurance arrangement, not on underwriting gains.
- Cat bonds & reinsurance
Karen Clark & Co says AI could cut catastrophe model updates to days
A faster update cycle would move the risk pricing that underlies cat bonds and collateralized reinsurance.
- Insurer portfolios
Private equity's share of M&A falls to a 10-year low
Insurance AUM Journal's midyear outlook finds the M&A recovery is real but lopsided: strategic buyers are doing the deals, and private equity's share has fallen to a 10-year low.
- Cat bonds & reinsurance
Reinsurance capital to hit record $705 billion as risk budgets shrink
AM Best sees a record $705 billion in capital and declining risk budgets shaping 2026 renewals.
- Insurance Credit
Private credit outcomes hinge on portfolio management, podcast argues
A new Insurance AUM Journal episode makes the case that portfolio management, not underwriting, separates private credit outcomes.
- The Wrap
MS Amlin posts £61m first-quarter profit as catastrophe losses stay away
Combined ratio improved to 87.7% from 92.6% on a sharply lower loss ratio, with Middle East losses and higher expenses trimming the gain.
- Cat bonds & reinsurance
Midwest Derecho Pushes 2026 US Storm Losses Past $35 Billion
Aon and Gallagher Re estimate the August derecho's insured losses in the single-digit billions, pushing 2026 US severe storm losses past $35 billion and concentrating claims in Illinois's homeowners market.
- Cat bonds & reinsurance
Essent Group posts 7% profit gain as P&C reinsurance grows
The reinsurance segment's first-half net premiums jumped to $249 million from $31 million, though mortgage reinsurance still drives the economics.
- Cat bonds & reinsurance
Cat bond sponsors test softer terms as spreads hold firm
Cascading structures and third-event tranches are back in cat bonds while first-quarter spreads firmed.
- Cat bonds & reinsurance
Munich Re reclaims top reinsurer ranking as euro moves the math
Currency swings, not underwriting, put Munich Re back atop AM Best's list of the world's largest IFRS-17 reinsurers.
- The Wrap
Bermuda's $1.1 trillion reinsurance pile meets its first capital test
Delaware's Brighthouse review and the PRA's CP8/26 put a capital adequacy yardstick on the asset-manager insurance buildout.
- Insurer portfolios
The short-duration case starts with spread definitions
An Insurance AUM Journal article fixes the spread and rating terms at the center of the allocation argument.
- Insurer portfolios
Nuveen maps the vertical-integration wave hitting AI power credit
A new Nuveen paper gives general accounts a framework for how AI-driven power demand is redrawing utility, generation, and grid credit.
- Insurer portfolios
Railcar leasing gets the general-account airing
An InsuranceAUM.com episode pairs an asset manager and an insurance distributor to make the case for railcars in insurer portfolios.
- Insurer portfolios
AI demand is real; the credit concentration needs scrutiny
An Insurance AUM Journal essay argues that AI demand is real. For the general account, the accumulating credit concentration is the part worth watching.
13 stories
- Cat bonds & reinsurance
Bermuda registers seven new entities, including two collateralised reinsurers
A July list of licences shows steady demand for Bermuda vehicles that connect insurance risk to capital markets.
- Cat bonds & reinsurance
Assured Life Re's fast start brings a day-one capital bill
Quicker annuity bookings will test Assured Guaranty's capital flexibility and its appetite for share buybacks.
- Insurer portfolios
Financials' 2026 lag hides an AI-cycle tailwind for banks
Insurance AUM Journal argues the AI buildout has a balance-sheet side — and banks are the overlooked way to own it.
- Insurer portfolios
For insurers, equity selection beats broad exposure in 3Q
Principal's third-quarter outlook says durable earnings and cash flow matter more than market participation as leadership narrows.
- Insurance Credit
AI debt crosses 15% of investment grade — a threshold insurers can't ignore
Voya counts AI-related issuance at more than 15% of investment-grade bonds, with several $10 billion private placements tied to the same build-out — a concentration test for the general account.
- Cat bonds & reinsurance
Bermuda reinsurers sponsored $1.37B of cat bonds in a record quarter
Cat bonds are no longer a sideline for Bermuda reinsurers. The record-setting second quarter proved it.
- Insurance Credit
Apollo points insurers to $2.5 trillion sports financing gap
A trade-press piece frames team and venue lending as a scalable asset class for allocators.
- Insurance Credit
T. Rowe Price urges insurers to look past tight high-yield spreads
Tight spreads alone are no reason for general accounts to skip global high yield, a new T. Rowe Price-backed analysis says.
- Insurer portfolios
HALO framework makes durability the private-markets test
The framework urges insurers to weigh inflation pass-through ahead of asset-class labels.
- Insurance Credit
T. Rowe Price essay maps the case for global high yield
The four reasons stay paywalled. The definitions are where the case is built.
- Cat bonds & reinsurance
Bermuda's share of ceded US life liabilities climbs to 40.7%
Alirt counts $1.1 trillion of US life and annuity reserves with Bermudian reinsurers, and says sidecars are taking a growing share.
- Insurer portfolios
Brookfield Wealth Solutions crosses $200 billion as Just Group closes
The Just Group deal took the balance sheet past $200 billion and delivered a full quarter of earnings. Operating income climbed while mark-to-market losses left the first half in the red.
- Insurance regulation
Delaware brings in outside experts for Brighthouse Life review
The regulator's outside review points to questions about financing and reserves, not just paperwork.