Reinsurance News

SCOR’s Irish subsidiary becomes SCOR Global Reinsurance France SA

Global reinsurer SCOR has announced the successful cross-border conversion of its Irish subsidiary, SCOR Global Reinsurance Ireland dac (SGRI), into a French entity. The company will now operate under the name SCOR Global Reinsurance France SA (SG...

Posted: Jan 08, 2026

Jan 1 renewal points to weaker but still strong reinsurer profitability in 2026, says Fitch

Record levels of reinsurance capital supply from traditional and alternative sources outpaced incremental demand from buyers at the January 1st, 2026, renewals, and as pricing “reverted broadly to 2022 levels”, analysts at Fitch Rating...

Posted: Jan 08, 2026

Hochberg to lead newly launched Guy Carpenter global Sidecar Center of Excellence

Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has announced the launch of its global Sidecar Center of Excellence (COE), to be led by Ed Hochberg. The COE has been designed to provide clients with dedicated resou...

Posted: Jan 08, 2026

Stephenson named CFO of ASIC UK, Patel appointed CRO

AM Specialty Insurance Group has announced the appointment of Kevin Stephenson as Chief Finance Officer (CFO) and Viren Patel as Chief Risk Officer (CRO) of AM Specialty Insurance Company (UK). An FCA/ACA-qualified accountant, Stephenson brings ov...

Posted: Jan 08, 2026

Mosaic hires April Andruczyk to lead new Bermuda excess casualty unit

Bermuda-based Mosaic Insurance has announced excess casualty as its eighth global product line, appointing April Andruczyk as Head of Bermuda, Excess Casualty to lead the new unit. The facility begins underwriting immediately, and will provide sup...

Posted: Jan 08, 2026

HDI’s Stephanie Ogden to lead Munich Re Syndicate Limited

Munich Re Specialty – Global Markets, Syndicate (Munich Re Syndicate Limited), the managing agent of Syndicate 457, has announced the appointment of Stephanie Ogden to lead the organisation, effective 1st March 2026. Ogden will be succeeding...

Posted: Jan 08, 2026

Cytora partners with Climatig to embed science-backed climate risk intelligence for commercial insur...

Cytora, a digital risk processing platform for the insurance industry, has partnered with Climatig, a provider of an innovative solution for calculating detailed physical climate risks. This integration embeds Climatig’s advanced climate analysis...

Posted: Jan 08, 2026

Polo Managing Agency launches three new Lloyd’s syndicates

Polo Managing Agency (PMA), part of the PoloWorks group, has launched three new Lloyd’s syndicates: Atradius Syndicate 1864, Aurora Syndicate 1890, and OAK Enterprise Syndicate 1440 – all of which began underwriting from 1 January 2026. PMA,...

Posted: Jan 08, 2026

Health carriers continue to dominate list of world’s top insurers by 2024 NPW: AM Best

US health insurance companies continued to dominate the ranking of the world’s largest insurers in terms of 2024 net premiums written (NPW), with UnitedHealth Group Inc. maintaining its top spot, reporting $308.81 billion in NPW, an increase of 6....

Posted: Jan 08, 2026

Pacific Life Re names Swiss Re’s Jia Yi Tan as Global CUO and Claims Officer

Life and health reinsurer Pacific Life Re has appointed Jia Yi Tan as its new Claims and Global Chief Underwriting (CUO), based in Singapore. In her new role, Tan succeeds Andrew Doran, who has been promoted as Chief Executive Officer of Underwrit...

Posted: Jan 08, 2026

Morningstar DBRS flags specialty P&C lines amid Venezuela turmoil

Recent geopolitical developments in Venezuela have brought renewed focus to tail risks for the global insurance sector, particularly across specialty property and casualty (P&C) lines with exposure to marine, aviation, and trade credit in the...

Posted: Jan 08, 2026

Lloyd’s Market Association appoints Bellamy as Underwriting Director

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has appointed Matthew Bellamy as Underwriting Director, who will join the body in late 2026. In his new role, Bellamy will report to...

Posted: Jan 08, 2026

American Coastal renews AOP catastrophe cover, lifts per-occurrence limit to $95.6m

Florida-based American Coastal Insurance Corporation (ACIC) has renewed its all other perils catastrophe excess of loss agreement (AOP CAT agreement) for 2026, providing up to $95.6 million of occurrence limit excess of the $10 million attachment...

Posted: Jan 08, 2026

Price Forbes appoints Dick Heath as Head of Reinsurance & Wholesale, Singapore

Global specialty broker Price Forbes has announced the appointment of Dick Heath as Head of Reinsurance and Wholesale, Singapore, effective immediately. In his new role, Heath will be responsible for leading and developing Price Forbes’ reinsuranc...

Posted: Jan 08, 2026

CFC launches extension to its flagship cyber cover for SMEs

CFC, an insurance provider with a focus on carbon-related risks, has launched a new extension to its flagship Cyber Proactive Response cover for small and medium enterprises (SMEs). This extension was developed to provide essential protection for...

Posted: Jan 08, 2026

Simon Hunt to serve as HDI’s interim CEO, Ger Twomey named interim CFO

HDI Global has appointed Simon Hunt, its current Chief Financial Officer (CFO) for HDI Global UK & Ireland, as interim Chief Executive Officer, while Ger Twomey will serve as interim CFO. The two appointments are effective February 1st, 2026 a...

Posted: Jan 08, 2026

PERILS puts Queensland & New South Wales November SCS industry loss at AUD2.663bn

The Queensland and New South Wales severe convective storm (SCS) outbreak between 21st and 27th November 2025 is estimated to have caused an insurance industry loss of AUD 2.663 billion, according to PERILS, the Zurich-based catastrophe insurance...

Posted: Jan 08, 2026

Verisk names Tim Rayner as CEO of General Insurance for UK&I and SBS

Verisk, a global data analytics and technology provider to the insurance industry, has announced the expansion of Tim Rayner’s responsibilities to include leadership of its underwriting and claims businesses in the United Kingdom and Ireland, as w...

Posted: Jan 08, 2026

Paolo Ghirri promoted to CEO of Munich Re Italia

Munich Re has appointed Paolo Ghirri as Chief Executive Officer of Munich Re Italia, effective 1 January 2026. Ghirri, who has been with Munich Re Italia for over 35 years, has built a career marked by continuous growth and positions of increasing...

Posted: Jan 08, 2026

Brit to begin writing Property D&F in Bermuda

Specialist insurer Brit Group Holdings Limited is set to write Property D&F business in Bermuda through Brit Re, its reinsurance arm, led by Tom Ayton, Vice President, Property D&F. From January, Brit Re will write US and Global Property D...

Posted: Jan 08, 2026

Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings

Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the firm’s treaty reinsurance offerings in the US market. To serve in his new r...

Posted: Jan 08, 2026

Brett Gillmon appointed U.S. Property Practice Leader for Lockton

Private insurance broker Lockton has announced the appointment of Brett Gillmon as U.S. Property Practice Leader, an Atlanta-based role. Gillmon will leverage his three decades of industry experience to oversee the strategic direction and continue...

Posted: Jan 08, 2026

Jackson and TPG form long-term strategic partnership, capitalising Hickory Re

Jackson Financial Inc., a U.S. retirement services firm, has entered a long-term strategic partnership with TPG Inc., a global alternative asset manager, with TPG’s investment to be used for the initial capitalisation of Jackson’s new Michigan-bas...

Posted: Jan 08, 2026

Carbon names Rebecca Ince as Chief Operating Officer

Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Rebecca Ince as its new Chief Operating Officer (COO), effective January 5th, 2026. In her new role, Ince will oversee...

Posted: Jan 08, 2026

InnSure launches climate innovations incubator platform, Creation Labs

Non-profit climate change-related insurance risk financing company InnSure has launched Creation Labs, its flagship climate innovations incubator platform created in partnership with GreenieRE. InnSure explained that Creation Labs is a launch and...

Posted: Jan 07, 2026