At the end of June 2026, PICC Re held its 6th Technology Seminar in Beijing under the theme “Technology Leads, Co-Creates the Future”. As its flagship annual tech event, the seminar gathered domestic and overseas reinsurance practitioners, industrial specialists and scholars to discuss climate catastrophes, industrial hazards and risks of AI computing hubs.Against frequent extreme weather and booming new industrial and digital risks, PICC Re unveiled three self-developed digital risk control platforms. The Agricultural Meteorology Calculation AI Platform optimizes agricultural index insurance with remote sensing and meteorological data to stabilize food security. The upgraded Cloud Explosion Insight system quantifies compound hazards for chemical and energy storage facilities to support refined reinsurance pricing. The cybersecurity risk quantification tool addresses hidden liabilities of large AI data centers.Industry experts recognized the platforms’ value in integrating insurance with disaster prevention. PICC Re stated it would pilot the three tools across cooperative insurers, deploy dedicated technical teams and launch new tools for new energy and shipping supply chains in 2026–2027. The launch showcases the national reinsurer’s technological strength, advancing digital transformation and risk governance for the real economy.

Ryan Specialty Underwriting Managers(RSUM) secured six Lloyd’s syndicates holding 15% share of its global P&C delegated underwriting portfolio (excluding partial Velocity Risk CAT risks). The consortium stamps take effect from August 1 renewals. RSUM’s CEO thanked Lloyd’s, Markel and stakeholders; Ardonagh’s Axiiem acts as the deal’s digital facilitator.

Issued by Swiss Re Institute, this outlook projects that amid slowing global economic momentum, sustained inflation from the Middle East conflict and long-lasting high interest rates, global real insurance premium growth will drop from 3.9% in 2025 to 1.3% in 2026 alongside a 4.0% average global inflation rate and 2.5% global GDP growth; global non-life insurance real premium growth will cool to merely 0.6% in 2026, far below its 2015–2024 long-term annual growth rate of 3.6% mainly due to weak performance in advanced markets, though lasting Middle East inflation pressures may ease premium price declines and make the current underwriting downturn milder than previous ones, with non-life insurers staying profitable with an 11.4% ROE in 2026 (falling from 14% in 2025 to 7.7% by 2028) thanks to strong investment returns, while life insurance will maintain solid 2.3% real premium growth driven by high yields for savings and annuity products and sound demographic and regulatory conditions in emerging markets, keeping life insurers’ profit outlook favourable; additionally, massive AI infrastructure spending by hyperscalers will hit USD 750 billion in 2026, lifting US economic growth by 0.2–0.3 percentage points and boosting demand for property, engineering, cyber and other insurance covers, and Swiss Re Corporate Solutions CEO Ivan Gonzalez states that fragmented global supply chains and huge risk exposures from multi-billion-dollar AI data centres require comprehensive risk management schemes integrating risk engineering, alternative risk transfer and financing instead of standard insurance products.