Archive for May, 2026

Adoption of advanced technology and artificial intelligence are serving to expand addressable markets for the insurance and reinsurance industry, with digital infrastructure one example where data analytics are expected to help Aon access institutional sources of capital for its clients, CEO Greg Case explained today.

RenaissanceRe’s third-party capital and insurance-linked securities management unit Capital Partners is considered an “important source of resilience” for the company and a key differentiator, especially for clients that “value, scale, reliability and flexibility,” according to CEO Kevin O’Donnell.

Slide Insurance Company expects to have around $3.5 billion of catastrophe reinsurance limit in-force for a first event in 2026, an increase of roughly $1 billion and CEO Bruce Lucas has said that risk-adjusted rate decreases for its renewal are “substantial” so far.

Abaxx Technologies, a start-up financial software and market infrastructure company, has announced that Abaxx Exchange has expanded its suite of weather derivatives that it offers from wind to solar power, with German solar futures now available for trading.

Palomar Insurance Holdings has now successfully priced its seventh catastrophe bond sponsorship, securing $410 million of capital markets backed California earthquake and Hawaii named storm reinsurance from its new Torrey Pines Re Ltd. (Series 2026-1) issuance, Artemis can report.

Convex Group, the expansive global specialty insurance and reinsurance underwriter, has now successfully secured $175 million of multi-peril retrocessional protection from its new and fourth Hypatia Ltd. (Series 2026-1) catastrophe bond sponsorship, pricing the coverage at the mid-point of guidance, Artemis understands.