ZestyAI, a provider of AI-driven climate and property risk analytics solutions, has received approval for use in rating and underwriting from the Texas Department of Insurance for its complete suite of Severe Convective Storm products.

Global fintech company, Acrisure, has launched the company’s Mid-Atlantic Region encompassing its businesses in Pennsylvania, Delaware, Maryland, Virginia and West Virginia.

While tariff-induced inflationary factors impacting property insurance are expected to affect property reinsurance as well, Morningstar DBRS analysts have suggested reinsurers will only see a mild impact due to their diverse global operations and exposure to non-property lines like life and casualty reinsurance.

Swiss Re has reiterated that losses from the Ukraine/Russia conflict appear to be a mid-sized nat cat event, narrowing estimated market losses to $10bn from $15bn previously estimated, according to a Goldman Sachs report for Q1.

Hiscox Re & ILS, the international reinsurance and insurance-linked securities (ILS) arm of the Hiscox Group, has revealed an undiscounted combined ratio of 69.8% for the full year 2023, and a record profit before tax of $221.4 million in “an active year for natural catastrophe losses”.

Independent specialist re/insurance broker Miller has appointed Judith Zeleny as Global Head of Origination, Strategic Advisory in its reinsurance practice.

There could be a material upside for reinsurers’ profits if the remainder of the 2025 Atlantic hurricane season remains light, according to a recent report by J.P. Morgan.

Navium Marine, a marine-focused specialty managing general agent (MGA) operating through The Fidelis Partnership’s Pine Walk platform, has launched Constellation Consortium, the largest satellite pre-launch consortium in the Lloyd’s market.