The global outlook remains highly uncertain amid an increasingly prolonged confrontation and fragile ceasefire between the US and Iran. Drawn-out negotiations, ongoing shipping blockades and the risk of military escalation threaten the truce's durability, says Moody's Ratings (Moody's) in its "Global Macro Outlook (May 2026 Update)" report.
Political risks driven by economic policy still outweigh those from international conflict, according to the ninth annual Political Risk Survey Report by Willis.
Russia's Central Bank has instructed Russian insurers to reinsure risks related to liquefied natural gas (LNG) supplies to China with Chinese insurers, reported the Odessa Journal.
Dive In Festival, the insurance industry's leading global event for culture and talent, enters its 12th and final year in September 2026, bringing the global market together to tackle one of its most pressing challenges: how to harness the power of technology while strengthening the human skills that underpin trust, leadership and connection.
Moving cargo in and out of countries by air has been impacted by the conflict in the Middle East, even as flights in and out of the region have started to return to normal.
Shareholders of reinsurance giant Hannover Re approved a dividend increase to EUR12.50 per share during the company's Annual General Meeting held on 6 May 2026. The figure is 39% higher than the previous year's total dividend of EUR9.00 per share.
MS Amlin has launched an industry-first consortium to boost property treaty capacity for all property per-risk lines. This additional capacity is expected to be particularly relevant for global data centres, where demand for higher limits continues to grow.
Oil pollution spreading across the Persian Gulf following recent military strikes around Iran is now visible from space, prompting urgent warnings from experts that the situation could escalate into a major environmental disaster if not contained quickly, according to The Climate Watch, an independent portal providing in-depth coverage of climate change, environment, biodiversity, wildlife, nature conservation, and sustainability issues, with a particular focus on South Asia.
Swiss Re reported a net income of $1.5bn and a return on equity (ROE) of 23.6% for the first quarter of 2026, driven by increased contributions from all business units, supported by low natural catastrophe experience and a strong investment contribution.
Life insurer Sun Life Financial reported that its underlying net income reached $1.05bn at the end of the first quarter of 2026. The figure, reported in a 7 May press release, was marginally higher than what was recorded a year earlier. The results came as growth in its protection businesses in Asia, Canada and US supported performance.