QBE has appointed Ms Melanie Willis as an Independent Non-Executive Director of the QBE Group Board, subject to regulatory approvals and effective 1 September 2026.
Abundant insurance capacity and strong competition continue to create favourable conditions for commercial insurance buyers across most major lines of business, according to global insurance broker Aon in its Q2 2026 Global Insurance Market Insights report.
Swiss Re reported that its second-quarter net income for 2026 reached $1.3bn, bringing its first-half net income to $2.8bn. This came as improved earnings across all three business units kept the reinsurer on track to meet its full-year target of $4.5bn. The group's return on equity was 22.7% in the first half, while insurance service result rose to $3.5bn from $3.0bn a year earlier. Swiss Re said it paid more than $17bn in claims during the period while maintaining a strong capital position with an estimated Swiss Solvency Test (SST) ratio of 264% as of 1 July.
MetLife reported second-quarter 2026 net income of $705m, up 1% from a year earlier, while adjusted earnings rose 15% to $1.6bn on the back of favourable underwriting performance and volume growth. Adjusted earnings per share increased 20% to $2.43, while premiums, fees and other revenues (PFOs) climbed 7% to $13.7bn. Excluding pension risk transfers (PRT), adjusted PFOs rose 5% to $13.0bn, reflecting broad-based growth across all operating segments.
New research from insurance-based wealth solutions provider Utmost has highlighted the strong momentum in the international wealth insurance market with rapid sales growth in both 2024 and 2025.
Global insurers are accelerating their expansion plans in India following the country's decision to allow up to 100% foreign ownership in insurance companies, with South Korea's Hanwha Group and South Africa's Discovery among the latest firms exploring opportunities.
AXA XL, the P&C and specialty risk division of Paris-headquartered AXA Group, has reported a EUR100m ($115.4m) loss related to the Middle East for the first half of this year.
Natural hazard risk is increasingly shaping capital allocation across financial markets. With insurance capacity tightening and physical risks becoming more financially significant, investors will increasingly face these exposures across a wide range of asset classes.
Tokio Marine HCC International (TMHCCI) has promoted Ms Gülsah Dagdelen to the role of Head of Cyber - International.
Liberty Mutual Reinsurance Group (LM Re), part of Liberty Mutual Insurance Group, has promoted Mr Tom Spurgeon to the role of Global Head of Cyber Reinsurance.