Lemonade expands into Indiana's $5B auto insurance market leveraging AI, telematics, and bundling strategies to drive premium growth and approach profitability by 2026.
Florida withdraws $2.1 billion from insurer reinsurance support programs following lower-than-expected hurricane claims, reflecting changes in the state's property insurance market and reinsurance strategies.
CRC Group announced the acquisition of Lloyd’s managing agency Atrium Underwriting, expanding its specialty insurance and reinsurance capabilities. The deal highlights industry consolidation and strategic growth in specialty lines.
AM Best report reveals a 27% drop in individual annuity profitability driven by rising surrenders and increased offshore reinsurance by private equity-owned insurers, influencing transparency and risk in 2024.
Sixth Street finalizes $5.1 billion acquisition of Enstar Group, marking a transition to private ownership and Nasdaq delisting, impacting the reinsurance market dynamics.
Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.
Aon reports a global reinsurance capacity exceeding $720 billion in 2025, highlighting improved pricing, terms, and coverage amid record catastrophe bond issuance and robust reinsurer financial results, with regional market insights and outlook to 2026.
mea Platform and ACORD Solutions Group partner to integrate AI-driven data extraction with ADEPT, automating insurance underwriting, policy administration, and claims processing.
Miller introduces MillerBoost, a data-driven smart-follow facility leveraging algorithmic capacity and InsurX technology to accelerate placement in property re/insurance, enhancing Lloyd's market access and service speed.
Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.
