Reinsurance News

SageSure secures $200m in reinsurance through expanded sidecar platform

SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has closed its second reinsurance sidecar transaction with Seawall Re II Ltd., securing $200 million in capital. Including the debut Seawall Re transaction i...

Posted: Mar 10, 2026

LIRG strengthens global reinsurance capabilities with Mandarin Re agreement

Algorithmic Insurance Services, Inc., trading as LIRG (Latin International Reinsurance Group), a company providing data-driven reinsurance solutions, has signed a Delegated Underwriting Authority agreement with Mandarin Re Ltd., a Malaysian reinsu...

Posted: Mar 10, 2026

Data centres are insurable but size and scale pose challenges: Marsh execs

Marsh executives affirmed that data centres are an insurable asset class, however, their sheer size and scope create challenges, noting that these multi-billion-dollar facilities require careful risk engineering and strong engagement between proje...

Posted: Mar 10, 2026

Gallagher Australia appoints JD Veldsman as Chief Commercial Officer

Gallagher Australia, the local arm of the global insurance brokerage, risk management and consulting firm, has appointed Johannes-Daniel Veldsman as Chief Commercial Officer, where he will oversee the company’s specialist divisions and commercial...

Posted: Mar 10, 2026

Canopius delivers strong premium growth in 2025 as profit hits $467m

Canopius Group, an international specialty and property and casualty (P&C) re/insurance company, had a strong 2025 with profit after tax of $467 million, an increase of 16% on the prior year, as insurance contract written premium (ICWP) rose b...

Posted: Mar 10, 2026

Global Indemnity sees improved investment income and higher GWP in 2025

Global Indemnity Group reported stronger underlying underwriting profitability and a higher adjusted return on equity in 2025, despite catastrophe losses from the California wildfires weighing on overall reported earnings. The firm posted gross wr...

Posted: Mar 10, 2026

Aon names Anne Corona as CEO of North America as Lori Goltermann becomes Vice Chair

Global insurance and reinsurance broking group Aon has appointed Anne Corona as Chief Executive Officer (CEO) of North America, effective immediately, as Lori Goltermann has been promoted to Vice Chair of Aon, effective March 31st, 2026. Simultane...

Posted: Mar 10, 2026

Nick Studer succeeds Martin South as President and CEO of Marsh Risk

Marsh, a global insurance broker and risk advisor, has appointed Nick Studer as President and Chief Executive Officer of Marsh Risk, succeeding Martin South, who will take on an enterprise-wide role as Chief Client Officer of Marsh, effective 1st...

Posted: Mar 10, 2026

Sodalis Capital introduces Brecon Specialty to expand global cyber and technology E&O broking

Sodalis Capital, an investment firm specialising in international insurance intermediaries, has announced the launch of Brecon Specialty Ltd. Headquartered in London, the new brokerage will provide specialist broking and risk advisory services to...

Posted: Mar 10, 2026

OAK Global appoints Kaylee Darkins as Chief People & Communications Officer

OAK Global, a risk partner underwriting through Lloyd’s Syndicates 2843 and 1440, has announced the appointment of Kaylee Darkins as Chief People and Communications Officer, effective 9th March 2026. In her new role, Darkins will lead OAK Global’s...

Posted: Mar 10, 2026

DUAL and LSM form Property and Financial Lines partnership in Latin America

DUAL Latin America has partnered Liberty Specialty Markets Latin America (Liberty), part of Liberty Mutual Insurance Group, to deliver enhanced Property and Financial Lines capacity in the middle market segment for brokers and clients across the r...

Posted: Mar 10, 2026

Markel adds Jamie Smith as London Underwriting Manager – US Cyber Lead

Markel Insurance, the insurance operation within Markel Group Inc., has appointed Jamie Smith as London Underwriting Manager – US Cyber Lead, effective immediately. He will be based in London and report directly to Dan Fox, Head of Cyber at Markel...

Posted: Mar 10, 2026

Aon signs multi-year deal with VIPR to automate delegated authority processes

Aon and delegated authority technology provider VIPR Solutions have entered into a multi-year partnership to automate and strengthen delegated authority operations across Aon’s global reinsurance platform. The engagement will reportedly see Aon im...

Posted: Mar 10, 2026

Greenlight Re reports record underwriting income in 2025

Cayman Islands-based reinsurer Greenlight Capital Re has posted a net income of $74.8m for 2025, up from $42.8m in 2024, while gross premiums written increased 11% to $773.3m. Greenlight Re’s net premiums earned also rose 7% to $661.1m in 20...

Posted: Mar 10, 2026

Beazley to acquire US renewable energy MGA kWh Analytics

Leading specialty insurer Beazley has reached an agreement to acquire kWh Analytics, a US renewable energy MGA, which will be embedded into its MAP (Marine, Accident & Political) Risks team. Jason Kaminsky, CEO of kWh Analytics, will report di...

Posted: Mar 10, 2026

Fidelis entered into long-term, portfolio-wide partnership with OAK Global at Jan 1

Fidelis Insurance Group completed an investment in Oak Global late last year, and the company confirmed on its recent Q4’25 earnings call that it initiated a portfolio-wide partnership with the Lloyd’s reinsurer at the January 1st, 202...

Posted: Mar 10, 2026

IRDAI approves registration of Allianz Jio Reinsurance & Kiwi General Insurance

The Insurance Regulatory and Development Authority of India (IRDAI) has granted a Certificate of Registration to new reinsurer Allianz Jio Reinsurance Limited, and new general insurer Kiwi General Insurance Limited. The approvals were passed at th...

Posted: Mar 10, 2026

EDME Insurance Brokers appoints Vinod Krishnan as Global CEO, Treaty Reinsurance

EDME Insurance Brokers, one of India’s largest insurance and reinsurance broking firms, has appointed Vinod Krishnan as Global Chief Executive Officer (CEO) of Treaty Reinsurance. In his new role, Krishnan will lead and scale the broker’s global t...

Posted: Mar 10, 2026

SPG expands speciality property insurance platform with Proper Insurance acquisition

Specialty Program Group (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Proper Insurance, a provider of insurance coverage designed specifically for short-term rental pr...

Posted: Mar 10, 2026

Price Forbes names Raimundo del Río as Chilean CEO

Global specialty broker Price Forbes has appointed Raimundo del Río as its new Chief Executive Officer (CEO) for Chile. In his new role, he will lead the Chilean operation together with the existing local team, building on the strong foundations a...

Posted: Mar 10, 2026

Digital infrastructure one of the largest opportunities for reinsurers: Guy Carpenter’s Goodman

At a recent Digital Infrastructure Press Webinar hosted by Marsh, a global insurance broker and risk advisor, speakers discussed how the scale, concentration and complexity of modern data centre projects are reshaping risk for insurers and reinsur...

Posted: Mar 09, 2026

Descartes names Cripps as Business Development Associate, Australia

Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has appointed Will Cripps as a Business Development Associate, further expanding its Australian operations. Cripps joins the Sydney...

Posted: Mar 09, 2026

Heritage reports net income of $195.6m in 2025 as CoR drops to 73.1%

Heritage Insurance Holdings has reported sharply improved profitability for the full year 2025, with net income more than tripling on the back of stronger underwriting performance. The Florida-based property insurer posted full-year net income of...

Posted: Mar 09, 2026

Markel International adds Jain as India’s Business Development & Distribution Lead

Markel Insurance, the insurance operations within Markel Group Inc., has appointed Ravi Jain as Business Development and Distribution Lead for India, based in Mumbai, effective immediately. This appointment aligns with Markel’s broader commi...

Posted: Mar 09, 2026

Pension Insurance Corporation names Mike Eakins as incoming CEO

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has announced the appointment of Michael Eakins as its Chief Executive Officer (CEO), subject to regulatory approval. Dom Veney will continue to lead...

Posted: Mar 09, 2026