Reinsurance News

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

Low cat losses fuelled strong results for U.S. P&C insurers in 2025: Verisk & APCIA

Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of their strongest underwriting results in years in 2025, although the performance was largely driven by unusually low catastrophe losses rather than...

Posted: Mar 25, 2026

Marsh Risk secures insurance for construction of first commercial-scale advanced nuclear power plant...

Marsh Risk, a business of global re/insurance broker Marsh, has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1. This marks a significant move as the unit is the first commercial-scale, advanced nuclear power plant in the...

Posted: Mar 25, 2026

Munich Re flags intensifying cyber risk landscape amid geopolitical strains

With cyber insurance growing ever more relevant and cyber risks intensifying amid powerful geopolitical, technological and economic pressures, Munich Re has urged companies to place equal emphasis on resilience and protection, highlighting the nee...

Posted: Mar 25, 2026

Rising Edge appoints Doug Robare as Chief Underwriting Officer

Rising Edge Ltd, an insurance underwriting specialist, has announced the appointment of Doug Robare as Chief Underwriting Officer. In his new role, Robare will lead the development of new underwriting propositions across the portfolio, focusing on...

Posted: Mar 25, 2026

Applied well placed to bring insurers closer to distribution partners: Streit, Ivans

Insurers are seeking to get closer to their distribution partners and become easier to do business with, enabling them to attract more submissions, respond faster, and gain better insight into the risks they are selecting, a shift that Applied Sys...

Posted: Mar 25, 2026

Michael Reynolds named AXA XL Head of Marine, UK & Lloyd’s and Global CUO for Hull

AXA XL, the property, casualty, and specialty risk division of AXA, has announced the appointment of Michael Reynolds as Head of Marine, UK & Lloyd’s and Global Chief Underwriting Officer for Hull. Reynolds will be based in London, and will st...

Posted: Mar 25, 2026

Fuse expands beyond crop insurance with AI-powered Agriculture vertical

Fuse, an AI-powered commercial insurance intelligence platform, has launched a new Agriculture vertical, designed to cover the complete Ag & Rural insurance landscape, giving brokers and carriers continuous, actionable intelligence across ever...

Posted: Mar 25, 2026

Arrow Global extends investment platform into specialty insurance with AGI launch

Arrow Global Group (Arrow), a pan-European investment manager specialising in private credit and real estate, has launched Arrow Global Insurance (AGI), a strategic extension of its existing investment platform to capture institutional investment...

Posted: Mar 25, 2026

Canopius appoints Bridges and Cannon to senior claims roles

Canopius Group, a global specialty and property & casualty re/insurer, has appointed Dan Bridges as Head of Claims, Bermuda and Global Head of Reinsurance Claims, and Patrick Cannon as Global Head of Cyber Claims. The two senior appointments a...

Posted: Mar 25, 2026

New Dawn Risk and Continent 8 partner for iGaming cybersecurity and insurance

Specialist Lloyd’s broker New Dawn Risk has partnered with Continent 8 Technologies, a provider of managed IT solutions for the iGaming and online sports betting industry. This collaboration merges Continent 8’s cyber security expertise with New D...

Posted: Mar 25, 2026

HKIA reforms seen strengthening Hong Kong’s reinsurance hub status: AM Best

A new AM Best report suggests that proposed changes to how the Hong Kong Insurance Authority (HKIA) assesses non-life insurers’ capital requirements, particularly for natural catastrophes, man-made risks, and offshore reinsurance business, could s...

Posted: Mar 25, 2026

Stephen Catlin steps down as Chairman of Convex Group Board

Convex Group Limited, the international specialty insurer and reinsurer, has announced that Stephen Catlin will step down from his role as Chairman of the Board, but will remain a director. Catlin has been given the honorary title of Founder and L...

Posted: Mar 25, 2026

Liberty Specialty Markets adds Kevin Demmon as Property Divisional Director

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kevin Demmon to the newly created role of Property Divisional Director, effective March 19th, 2026. In the new role, Demmon is based in London and reports to He...

Posted: Mar 25, 2026

L&G appoints Sarah Spooner as Chief Customer Officer

Legal & General (L&G) has announced the appointment of Sarah Spooner to the newly created role of Chief Customer Officer (CCO) across its Retail and Institutional Retirement businesses. The role brings together responsibility for customer...

Posted: Mar 25, 2026

MS Amlin expands French footprint with WeSpecialty binder agreement

Lloyd’s global re/insurer MS Amlin has signed a new binder agreement with French MGA WeSpecialty to provide contract frustration and credit risk cover for the French export sector. According to MS Amlin, the partnership will further enhance its di...

Posted: Mar 25, 2026

DUAL UK introduces Credit Risk Insurance solution to sustain cross-border transactions

DUAL UK, the underwriting arm of Howden Group Holdings, has launched a new Credit Risk Insurance (CRI) solution aimed at helping clients manage the challenges associated with cross-border trade and investment. As a specialist managing general agen...

Posted: Mar 25, 2026

Berkshire (BHSI) introduces new Executive First D&O insurance policies in Switzerland

Berkshire Hathaway Specialty Insurance (BHSI), part of the Berkshire Hathaway group, has announced the launch of two new Executive First Directors & Officers (D&O) liability insurance policies in Switzerland. The new policies are designed...

Posted: Mar 25, 2026

Readhunt gains Lloyd’s of London Broker registration

Readhunt, an independent insurance broker providing UK businesses with sector-specific expertise and tailored cover, has received Lloyd’s of London Broker registration. The accreditation broadens the firm’s ability to offer customised insurance so...

Posted: Mar 25, 2026

Aon names Cedillo Mejía CEO, Commercial Risk & Human Capital, Mexico, Caribbean & Central America

Global insurance and reinsurance broking group Aon has announced the appointment of Julio Adolfo Cedillo Mejía as CEO, Commercial Risk and Human Capital for Mexico, Caribbean and Central America. The transition to the new role is set to take effec...

Posted: Mar 25, 2026

Niyam receives Lloyd’s approval for Syndicate 2047, appoints Chairman

Newly launched Niyam Group has announced that it has received approval from Lloyd’s of London for Syndicate 2047 and granted permission to underwrite, alongside the appointment of Devesh Srivastava as Chairman of the Group. Established at the begi...

Posted: Mar 25, 2026

US P&C industry achieved higher underwriting profit in 2025: AM Best

The US property and casualty (P&C) industry recorded a $60.9 billion net underwriting gain in 2025, a significant increase from the $22.1 billion gain generated in the previous year, reports AM Best. According to the global rating agency&#8217...

Posted: Mar 24, 2026

Shepherd secures $42m Series B as construction insurance demand grows

Shepherd, an insurance technology platform for commercial industries, has successfully closed a $42 million Series B funding round, led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures, and additional investors....

Posted: Mar 24, 2026

Secondary reinsurance market key to improved capital efficiency: Howden

A new report from Howden has articulated a framework for introducing structured secondary trading for reinsurance, noting that such a development would allow carriers to more efficiently allocate risk and, in turn, improve overall capital utilisat...

Posted: Mar 24, 2026