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.
Miller, the London-headquartered independent specialist (re)insurance broker, has completed its acquisition of Shields Reinsurance Brokers (Shields), an independent reinsurance broker based in Dubai.
Tysers Singapore has appointed Ms Prantika Sengupta as Director of Marine Claims and Client Relations.
Munich Re Specialty has launched a parametric earthquake insurance product for corporate clients in Japan, that supports recovery and business continuity even when no physical damage occurs.
Gallagher Re, the global reinsurance broking and advisory firm, has appointed Luc Morement as Managing Director, Facultative, APAC.
Aon has appointed Stephen as CEO for Indonesia, effective 3 August 2026, subject to regulatory approval.
Kenya Reinsurance Corporation (Kenya Re) has a strong capital position, which GCR Ratings placed at $460.3m (KES59.49bn), supported by sound earnings retention.
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.
MS Amlin has appointed Ms Laura Hobern as Chief Actuary, effective 4Q2026 and subject to regulatory approval.