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State Farm gets $1.5bn of reinsurance with Merna Re Enterprise 2026-1 catastrophe bond

Allstate estimates $870m in cat losses for April

Allstate estimates $870 million in catastrophe losses for April 2026, with about 70% stemming from two significant wind and hail events. This marks a notable financial impact for the insurer, highlighting ongoing volatility in the property and casualty sector.

Shory and OrbitWorks partner to advance satellite insurance and space data

Shory Group has partnered with OrbitWorks to enhance satellite insurance and space data capabilities, leveraging Shory's AI-driven Insurtech platform. This collaboration, announced at the Make it in the Emirates event, highlights the growing intersection of technology and insurance in the space sector, potentially opening new opportunities for investors in reinsurance and insurance-linked securities.