Reinsurance News

Multi-source data key to parametric flood insurance success: Swiss Re

Global reinsurer Swiss Re has emphasised that parametric flood solutions relying on data from multiple sources, including advanced sensors, will be key to their success, improving reliability, reducing basis risk, and strengthening confidence. Flo...

Posted: Mar 26, 2026

Matthew Kirk takes over as AXIS Chief Financial Officer

AXIS Capital Holdings Limited, a Bermuda-based insurer and reinsurer, has announced that Matthew Kirk has assumed the role of Chief Financial Officer (CFO), effective 31st March 2026. AXIS initially announced Kirk’s appointment in August 2025. He...

Posted: Mar 26, 2026

Totalis Program Underwriters acquires specialist provider ShoreOne

ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has been acquired by Totalis Program Underwriters. The terms of the deal were not disclosed. According to the announcement, ShoreOne will...

Posted: Mar 26, 2026

Markel International appoints Camilla Roughan to Senior Underwriter – Energy

Markel International, the specialist insurance arm of Markel Group Inc., has appointed Camilla Roughan as Senior Underwriter – Energy with immediate effect. In her new position, Roughan will oversee underwriting for Markel’s upstream and midstream...

Posted: Mar 26, 2026

Ping An P&C insurance revenue rises 3.3% in 2025

Ping An Insurance (Group) Company of China, Ltd. maintained steady growth and strong performance in its property & casualty (P&C) segment for the year ended December 31, 2025, with insurance revenue rising 3.3% year on year to RMB338,912 m...

Posted: Mar 26, 2026

Patrick Häusler named Head of Business Development for Lockton Switzerland

Lockton, an independent insurance broker, has announced the appointment of Patrick Häusler as Head of Business Development for Lockton Switzerland. In his new role, Häusler will be based in Zurich and work closely with colleagues in Switzerland, t...

Posted: Mar 26, 2026

MGA Banyan Risk deploys hx’s full agentic underwriting suite

hyperexponential (hx), a pricing and underwriting decision platform for commercial P&C re/insurance, has partnered with Banyan Risk, marking the first deployment of hx’s full agentic underwriting suite by an MGA across the US, UK, Canada and B...

Posted: Mar 26, 2026

DUAL promotes Scott Sayce to Group Chief Commercial Officer

DUAL Group, an international specialist underwriting agency, has announced the promotion of Scott Sayce to Group Chief Commercial Officer (CCO), effective 1st April 2026. In his new role, Sayce will report to Richard Clapham, CEO of DUAL Group, an...

Posted: Mar 26, 2026

Agentic AI poised to shape both offensive and defensive cyber measures: Munich Re

With the use of agent-based AI becoming mainstream, Munich Re has suggested the technology is poised to shape the scope, speed and precision of offensive and defensive cyber measures alike. The global reinsurer’s recently released report, Cyber In...

Posted: Mar 26, 2026

Farmers Insurance appoints John Pham as Chief Strategy & Risk Officer

Farmers Insurance, the largest property casualty insurer headquartered in California, has appointed John Pham as Chief Strategy & Risk Officer, reporting to Raul Vargas, Chief Executive Officer of Farmers Group. Pham will work across the enter...

Posted: Mar 26, 2026

LIRG provides QS reinsurance for DLT Alert’s embedded parametric cyber warranty rollout

Algorithmic Insurance Services, Inc., the wholesale broker trading as LIRG, has provided $15 million in quota-share (QS) reinsurance for New York-based managing general agent DLT Alert. The reinsurance supports the launch of a new suite of embedde...

Posted: Mar 26, 2026

Corebridge and Equitable to merge in all-stock deal valuing combined company at $22bn

Corebridge Financial, Inc., an American multinational financial services company, and Equitable Holdings, Inc., a financial services holding company, have entered into a definitive agreement to combine in an all-stock merger, valuing the combined...

Posted: Mar 26, 2026

Safety concerns not insurance availability halting Strait of Hormuz, LMA clarifies

Reduced vessel traffic in the Strait of Hormuz is not because of insurance availability, but because of safety concerns, the Lloyd’s Market Association (LMA) has clarified in a recent statement. The LMA stated: “Three weeks since the start of the...

Posted: Mar 26, 2026

Industry veteran Chris Jones joins Pinion Insurance as Group CFO

Pinion Insurance, a newly-formed, technology-enabled specialty insurer, has announced the appointment of Chris Jones as Group Chief Financial Officer (CFO), effective immediately. Jones is now part of a founding leadership team of Chief Executive...

Posted: Mar 26, 2026

Allianz Jio Re commences operations in India

Allianz Jio Reinsurance Limited (Allianz Jio Re), the joint venture of Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., has commenced its operations, including underwriting...

Posted: Mar 26, 2026

BPL appoints Edouard Huberdeau as Director to strengthen global credit insurance expertise

BPL, an independent broker in credit and political risk insurance (CPRI), has appointed Edouard Huberdeau as Director as part of its ongoing global expansion. Huberdeau will be based across BPL’s Geneva and Paris offices, focusing on developing ta...

Posted: Mar 26, 2026

Willis and Circle Asia launch new art insurance facility for collectors and galleries in Asia

Willis, a WTW business, has partnered with Circle Asia to launch a new art insurance facility designed specifically for individual collectors and art galleries in Asia, the first of its kind in the region. The facility combined specialist arts ins...

Posted: Mar 26, 2026

SiriusPoint partners with property MGA Steadily

Specialty underwriter SiriusPoint has partnered with property managing general agent (MGA) Steadily, one of the largest landlord insurance specialists in the US, to provide underwriting capacity. Founded in Texas in 2020 to address gaps in rental...

Posted: Mar 26, 2026

Everest hires AXIS Re’s Jason Busti as Head of North America Treaty Reinsurance

Everest Group, a Bermuda-based insurance and reinsurance company, has appointed Jason Busti as its new Head of North America Treaty Reinsurance, tasked with leading the treaty reinsurance business across the US, Bermuda, and Canada. Busti will rep...

Posted: Mar 26, 2026

Pacific Life survey finds AI improving efficiency as underwriting faces talent gap

Pacific Life, a US-based provider of life insurance and annuity products, has released findings from its 2026 Underwriting Outlook Survey, offering insight into how underwriting is evolving across the life insurance sector. Pacific Life reported t...

Posted: Mar 26, 2026

Raja Sengupta joins Verisk as President of Life Solutions

Verisk, a global data analytics and technology provider to the insurance industry, has announced the appointment of Raja Sengupta as president of its Life Solutions business, effective immediately. Sengupta will be leading Verisk’s Life Solutions...

Posted: Mar 26, 2026

Vortex launches direct access to parametric hail insurance product

Vortex Weather Insurance, a provider of parametric weather insurance solutions, has launched direct access to HailSafe, its parametric hail insurance product. HailSafe can now be purchased directly from Vortex by brokers and weather-exposed busine...

Posted: Mar 26, 2026

Liberty Specialty Markets adds Ettore Palma as Broker Relationship Manager

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Ettore Palma to the newly created role of Broker Relationship Manager, effective immediately. In his new role, Palma will be based in the recently opened Rome o...

Posted: Mar 26, 2026

Hailstorms now rival Cat 4 hurricanes in financial losses: Cotality

Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed. For insurers and reinsurers, this shift demands...

Posted: Mar 25, 2026

Aon announces new leadership structure for US reinsurance specialty distribution segment

Global re/insurance broker Aon has announced a new leadership structure for its U.S. specialty distribution segment within Reinsurance Solutions, spanning E&S carriers, MGAs/MGUs, program-specific carriers, hybrid fronts, and delegated authori...

Posted: Mar 25, 2026