Reinsurance News

US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagh...

US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in excess capacity, which combined with a stable performance and low non-proportional pricing, has fostered the development of tailored solutions for cyber...

Posted: Apr 02, 2026

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Treesuttamas as Senior Advisor, Thailand, effective 1st April 2026. Based in Bangkok, Treesuttamas will focus on strengthening the company’s capabili...

Posted: Apr 02, 2026

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Shankland as Head of Ocean Cargo, U.S. In his new role, Shankland will lead the growth of Markel’s U.S. cargo portfolio, overseeing underwritin...

Posted: Apr 02, 2026

Liberty Mutual unveils new leadership structure to align global risk and capital capabilities

Tim Sweeney, President and Chief Executive Officer of Liberty Mutual Insurance, has announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses, bringing them into closer st...

Posted: Apr 02, 2026

AXA UK & Ireland appoints Caroline Riddy as General Counsel

AXA UK & Ireland has announced the appointment of Caroline Riddy as General Counsel, effective 7th April 2026. Riddy succeeds Emily Coupland, who left the company in December after 24 years working across AXA’s various UK entities. Riddy bring...

Posted: Apr 02, 2026

B.P. Marsh buys additional 2% equity stake in Pantheon

B.P. Marsh, the specialist venture capital investor in early-stage financial services businesses, has acquired an additional 2% equity stake in Pantheon, a full-service London market wholesale insurance broker, based on an equity valuation of £275...

Posted: Apr 02, 2026

AM Best revises outlooks to positive for Canopius US and Canopius Re

AM Best has revised the outlooks to positive from stable for Canopius US Insurance, Inc. and Bermuda-based Canopius Reinsurance Limited. At the same time, the rating agency also affirmed the Financial Strength Rating of A- (Excellent) and the Long...

Posted: Apr 02, 2026

ARPC CUO Mike Pennell to retire after long-standing service

The Australian Reinsurance Pool Corporation (ARPC), a government-backed organisation that manages national reinsurance schemes designed to support the availability and affordability of insurance in Australia, has announced that its Chief Underwrit...

Posted: Apr 02, 2026

Santam Syndicate 1918 appoints Nigel Tatlock as Head of Property

Africa’s largest non-life insurer, Santam Group, has appointed Nigel Tatlock as Head of Property at its recently established subsidiary, Santam Syndicate 1918. This appointment aligns with the syndicate’s long-term growth plans as it continu...

Posted: Apr 02, 2026

CatIQ lowers final Ontario & Quebec ice storm loss estimate to CAD 466m

CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth and final industry loss estimate for the ice storm that affected Ontario and Quebec between 28th and 31st March 2025, decreasin...

Posted: Apr 02, 2026

Macro trends drive market softening in Asia & India at April 1 renewals: Guy Carpenter

Guy Carpenter, the reinsurance broking arm of Marsh, reports that both Asia and India witnessed continued softening at the April 1, 2026, reinsurance renewals, as the ongoing conflict in the Middle East threatens to drive significant losses for va...

Posted: Apr 02, 2026

Banyan Risk secures Coverholder Status at Lloyd’s

Banyan Risk Services Ltd., a subsidiary of Bermuda-based specialty insurance managing general agent (MGA) Banyan Risk Ltd., has secured Coverholder Status at Lloyd’s. Through this partnership, the company gains unparalleled access to the ext...

Posted: Apr 02, 2026

Canada Life secures £40m bulk annuity deal for financial sector pension scheme

Canada Life, an insurance and financial services company, has completed a £40 million full-scheme buy-in transaction with a financial services sector pension scheme. According to the announcement, this deal secures the future benefits for more tha...

Posted: Apr 02, 2026

Accelerant names Linda S. Huber as CFO

Accelerant, a data-led risk exchange platform connecting specialty insurers with capital partners through the Accelerant Risk Exchange, has appointed Linda S. Huber as Chief Financial Officer, following a previously announced leadership transition...

Posted: Apr 02, 2026

Acrisure UK Broking expands footprint with four new acquisitions

Acrisure UK Broking has expanded its footprint with the acquisition of four businesses: London-based managing general agent Confidas, alongside established brokers Heathwoods Insurance & Financial Services, Marrs Insurance Brokers and Smith Gr...

Posted: Apr 02, 2026

Momentum to moderate for leading European insurers amid economic uncertainty: Moody’s

Despite strong 2025 results from Europe’s four largest primary insurers, Allianz, AXA, Generali and Zurich, Moody’s Ratings has warned that their momentum may slow as key growth drivers fade and geopolitical and economic risks begin to weigh on ea...

Posted: Apr 02, 2026

Arrowhead Programs launches new portfolio leadership function and appoints Brandon Schall

Arrowhead Programs, part of Arrowhead Intermediaries, has established a dedicated leadership function to oversee portfolio strategy at a broader level. Brandon Schall has been named Chief Portfolio Officer and will take responsibility for shaping...

Posted: Apr 02, 2026

James Kalbassi named The Ardonagh Group’s new representative on Brokerslink Board

Global broking business Brokerslink has announced a change to its Board of Directors relating to the representative of shareholder The Ardonagh Group. The Ardonagh Group has named James Kalbassi as its new representative on the Brokerslink Board....

Posted: Apr 02, 2026

Price Forbes Singapore appoints Rajiv Ramakrishnan as Head of A&H

Price Forbes, a specialist insurance and reinsurance broker, has strengthened its Singapore team with the addition of Rajiv Ramakrishnan as Head of Accident & Health (A&H). He will report directly to Dick Heath, Head of Reinsurance and Who...

Posted: Apr 02, 2026

Aon strengthens digital infrastructure capabilities with appointments of Stephen Fox & Brian Hearst

Global insurance and reinsurance broking group Aon has bolstered its Digital Infrastructure Lifecycle Solutions Advisory with the appointment of Stephen Fox as Managing Director, while Brian Hearst takes on the role of Global Digital Infrastructur...

Posted: Apr 02, 2026

Peter Hearn joins Skyward’s Board of Directors

Skyward Group, a property and casualty (P&C) specialist insurance company, has announced the nomination of Peter Hearn as new independent director to its Board of Directors. Hearn will join the board effective August 1, 2026, and will be the s...

Posted: Apr 02, 2026

BMS Group integrates EigenPrism into iVision platform

BMS Group, an independent insurance and reinsurance broker, has partnered with EigenRisk to integrate the EigenPrism platform into its catastrophe risk management system, iVision. The integration introduces additional functionality to iVision’s GI...

Posted: Apr 02, 2026

Howden appoints Andy Buddell as COO for Asia

Andy Buddell has joined global insurance and reinsurance broking group Howden as Chief Operating Officer (COO) for Asia, based in Malaysia. Buddell will oversee operational strategy as the group continues to scale and innovate across the region. T...

Posted: Apr 02, 2026

Japanese buyers achieved significant price improvements at April 1 renewal, T&Cs stable: Aon

Japan’s insurers secured favourable terms and pricing reductions during the April 1 reinsurance renewal season, supported by strong financial results, a lack of major catastrophe losses, and abundant capacity, according to global broking gro...

Posted: Apr 02, 2026

AIG CEO doubles down on AI strategy amid complex risk landscape

In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasised the firm’s commitment to accelerating its AI strategy and strengthening long-term growth. He framed this ambition against an increasingly...

Posted: Apr 01, 2026