Reinsurance News

SCOR will ‘cautiously try to expand’ NA nat cat portfolio if prices remain adequate: CEO Léger

Global Paris-headquartered reinsurance company SCOR is eager to expand its North America (NA) natural catastrophe (nat cat) portfolio so long as pricing remains adequate, Thierry Léger, Chief Executive Officer, said on the firm’s media call earlie...

Posted: Mar 06, 2026

SageSure and Auros complete $175m US multi-peril cat bond issuance

SageSure, a US residential property managing general underwriter operating in catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned property insurer, have confirmed the completion of the $175 million Gateway Re...

Posted: Mar 06, 2026

New MGA Elitium enters market with focus on manufacturing businesses & unoccupied properties

New managing general agent Elitium, incubated by Mission, has launched to provide commercial combined insurance for select trades within the manufacturing sector, and property cover for well-maintained unoccupied residential and commercial propert...

Posted: Mar 06, 2026

BHSI names Rory O’Broin Global Head of Transactional Liability

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty and specialty insurance and part of Berkshire Hathaway, has appointed Rory O’Broin as Global Head of Transactional Liability. In this position, O’Broi...

Posted: Mar 06, 2026

SCOR promotes Sofia Kyriakopoulou to Group Chief Technology, Data & AI Officer

Global reinsurer SCOR has promoted Sofia Kyriakopoulou to the role of Group Chief Technology, Data & Artificial Intelligence (AI) Officer, effective March 1st, 2026. In the new role, she will develop an integrated tech, data & AI strategy...

Posted: Mar 06, 2026

Coalition report finds sharp rise in ransomware demands as most businesses refuse to pay

Coalition, a cyber insurance and security company, has published the findings of its 2026 Cyber Claims Report, showing that initial ransomware demands in 2025 increased significantly, rising 47% year-on-year. Despite the sharp rise in demands from...

Posted: Mar 06, 2026

Howden adds Almond as CEO & Doria as Chair of its Global Financial Sponsors practice

Global insurance and reinsurance broker Howden has appointed Emily Almond as divisional Chief Executive Officer (CEO) and Sebastiano Doria as Chair of its Global Financial Sponsors practice. This team will sit alongside Howden’s existing glo...

Posted: Mar 06, 2026

Disciplined underwriting drives strong 2025 results for Oman Re

Oman Re, the Sultanate’s first and only reinsurer, has reported reinsurance revenue of OMR 54.3 million ($141.2 million) for the full year 2025, marking a 9% increase from OMR 49.9 million ($129.8 million) in 2024, while net profit after tax climb...

Posted: Mar 06, 2026

Athora raises €3.5bn to fund approved Pension Insurance Corporation acquisition

Athora, a European savings and retirement services group, has secured €3.5 billion of common equity commitments from a broad base of investors, with the majority of the proceeds expected to fund the acquisition of Pension Insurance Corporation Gro...

Posted: Mar 06, 2026

Commercial insurers best positioned to benefit from AI in P&C sector: Goldman Sachs

Goldman Sachs, an investment bank and financial services company, has published an analysis exploring how artificial intelligence could influence the property and casualty (P&C) insurance sector. In the report, Goldman Sachs says it has develo...

Posted: Mar 06, 2026

Liberty Mutual places $2.75bn property cat occurrence tower, raises aggregate attachment

Global insurer Liberty Mutual Group renewed its property catastrophe reinsurance programme at the January 1st, 2026, renewals, securing $2.75 billion of occurrence limit excess a $1 billion retention, alongside $500 million of tail aggregate cover...

Posted: Mar 06, 2026

Gulf shipping tensions prompt war risk reassessment by marine insurers: IUMI

War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available, although insurers are reassessing their appetite for exposure as tensions in the Middle East disrupt shipping routes and threaten supply chains, according to...

Posted: Mar 06, 2026

Huntington Advisory strengthens German presence with Alexander Ankel hire

Huntington Advisory, a global strategic advisory practice focused on financial institutions, has announced the appointment of Alexander Ankel as Senior Advisor, based in Düsseldorf. The appointment accelerates the firm’s European expansion strateg...

Posted: Mar 06, 2026

Insurance AI deployments jump 87% as GenAI and agentic systems expand, says Evident

The global insurance sector has seen an 87% year-on-year increase in artificial intelligence deployments, according to research by Evident, a London-based provider of AI intelligence and analytics for the insurance industry. Using its Evident AI U...

Posted: Mar 06, 2026

Jio Financial invests ₹147.45 crore in JV Allianz Jio Reinsurance

Jio Financial Services Limited has subscribed to and has been allotted 14,74,50,000 equity shares worth ₹10 each of its joint venture Allianz Jio Reinsurance Limited, according to a filing with the National Stock Exchange of India Limited (NSE). W...

Posted: Mar 06, 2026

Westfield Specialty International adds Piper as Deputy Class Underwriter, Marine Liability

Westfield Specialty International, a specialty insurance provider, has appointed Abigail Piper as Deputy Class Underwriter, Marine Liability, thereby strengthening its marine proposition. In her role, Piper will be based in London and report direc...

Posted: Mar 06, 2026

QBE appoints Melody Lyndon-Stanford as Head of Client Engagement

Global insurer QBE has announced the appointment of Melody Lyndon-Stanford as Head of Client Engagement, effective June 2026. In this newly created role, Lyndon-Stanford will be based in London and report to Matt Lacy, Director of Client Propositi...

Posted: Mar 06, 2026

Antares’ Commercial premiums rise 11.4% as overall CoR improves in 2025

Antares Group, the UK- and Bermuda-based insurer owned by Qatar Insurance Group, announced that its Commercial division, comprising Lloyd’s Syndicate 1274 and the Antares Reinsurance business in Bermuda, saw premiums rise 11.4% year-on-year to $86...

Posted: Mar 06, 2026

Aviva’s general insurance premiums exceed £14bn in 2025

British insurer Aviva has reported an 18% hike in general insurance (GI) premiums to £14.1 billion for the full year of 2025 compared to £12.2 billion for FY’24, with an improved undiscounted combined ratio of 94.6%. 2025 was a strong year for Avi...

Posted: Mar 06, 2026

Julie McKenna named VP of Sales, North America at mea Platform

mea Platform, an AI-driven insurance technology company, today announced that Julie McKenna has been appointed Vice President of Sales, North America. The move strengthens mea’s leadership team as the company scales mea Operations, following a $50...

Posted: Mar 06, 2026

TMK adds Sarah Tidbury as Portfolio Solutions Underwriter

Tokio Marine Kiln (TMK), a global specialty insurer, has appointed Sarah Tidbury as Portfolio Solutions Underwriter, effective immediately. She reports to Rob Jarvis, Head of Innovation Underwriting. This appointment reflects TMK’s continued...

Posted: Mar 06, 2026

Madagascar secures $29m parametric payout following tropical cyclones

Following tropical cyclones Fytia and Gezaniver, which affected more than half a million people and caused widespread damage to infrastructure, livelihoods and essential services across several regions of Madagascar, $29 million has been mobilised...

Posted: Mar 05, 2026

Active Re places more comprehensive retrocession programme

Barbados-based reinsurer Active Capital Reinsurance, Ltd. (Active Re) has successfully completed its Global Retrocession Programme, purchasing more comprehensive protection in terms of scope and territory. The retrocession programme was placed as...

Posted: Mar 05, 2026

Aon expands George Attard’s role to Global Head of Analytics, Reinsurance

Global insurance and reinsurance broking group Aon has announced the appointment of George Attard as Global Head of Analytics for Reinsurance Solutions, in addition to his role as Chief Strategy Officer for Reinsurance Solutions. In this expanded...

Posted: Mar 05, 2026

Lancashire ‘very pleased’ with outcome of Jan 1 reinsurance renewals: CUO Gregory

Bermuda-based insurer and reinsurer, Lancashire Insurance Holdings, is “very pleased” with the outcome of its inwards and outwards reinsurance renewals at January 1, 2026, as the firm took advantage of the opportunity to tailor better...

Posted: Mar 05, 2026