Daily Brief
7 verified stories from global sources
Hannover Re reported nine-month 2026 net income of EUR 2.1 billion, up 6.9%, with a third-quarter profit of EUR 695 million, a property and casualty combined ratio of 83.7% and a Solvency II ratio of 242%, and it confirmed its target of at least EUR 2.7 billion for the year.
Munich Re's final third-quarter 2026 statement shows a net result of EUR 1.742 billion, down from EUR 1.997 billion, as major losses of EUR 646 million, including EUR 300 million from a Colombian earthquake, lifted its reinsurance combined ratio to 80%, while nine-month profit rose to EUR 5.667 billion and the 2026 target stayed at EUR 6.6 billion.
Intact Financial's third-quarter 2026 net operating income per share fell 19% to C$3.63 and net income dropped to C$562 million as about C$660 million of catastrophe losses, mostly on Canadian home insurance, lifted the combined ratio to 94.0%, even though premiums grew 5% to C$7.0 billion and operating return on equity stayed at 16%.
Assurant reported third-quarter 2026 net income of $275.2 million, adjusted EBITDA up 8% to $464.4 million and adjusted EPS up 7% to $6.15, with Global Lifestyle earnings up 15%, and it raised its full-year outlook to about 10% growth in adjusted EBITDA excluding catastrophes.
Kemper earned $52.4 million in the third quarter of 2026 against a $21.0 million loss a year earlier, as its specialty auto combined ratio improved to 99.2% from 104.8%, but about $23 million of favorable reserve development helped, earned premiums fell 16% to $857.9 million and book value per share fell 21% since year end after a $460 million goodwill charge.
IRDAI has told general insurers to sell private car and two-wheeler policies in four separate layers from December 15, 2026: compulsory third-party liability, optional liability for occupants or pillion riders, personal accident cover and own damage, with standard wording, an option form and a premium breakdown for each layer.
A PolicyRix Team analysis ranks ten insurers by third-quarter 2026 combined ratio: reinsurers and specialty writers led with margins of 12 to 20 points, Canadian home insurers lost money underwriting on weather, and several car insurers improved their ratios by writing less business.