Reinsurance News

Kingstone to expand into California insurance market

Property and casualty (P&C) insurance holding company, Kingstone Companies, Inc., is to enter the California market in the second quarter of 2026, President and Chief Executive Officer, Meryl Golden announced in a letter to shareholders. The e...

Posted: Apr 13, 2026

Howden launches US Trucking Practice

Global insurance broker Howden has announced the expansion of its Specialty Transportation & Logistics vertical with the launch of its US Trucking Practice. The new practice has been designed to offer coordinated support for trucking and other...

Posted: Apr 13, 2026

AM Best finds declining credit quality and shifting dynamics in US annuity market

A new report from AM Best, the credit rating agency, highlights notable changes in the US life and annuity sector. According to AM Best, assets backing individual annuity products now represent more than 36% of total industry reserves, up from 32%...

Posted: Apr 13, 2026

Novacore launches reinsurance sidecar backed by New Mountain Capital

Novacore, an independent, specialty insurance managing general agent (MGA), has launched NovaRe, a new collateralised reinsurance sidecar backed by New York-based alternative investment firm, New Mountain Capital, LLC, through the establishment of...

Posted: Apr 13, 2026

Reliance Global launches updated insurtech platform, RELI Exchange 2.0

Reliance Global Group, Inc., an insurtech provider of artificial intelligence (AI) and cloud-based technologies for insurers and brokers, has launched RELI Exchange 2.0, a platform designed to expand recruiting capacity, improve execution, and pos...

Posted: Apr 13, 2026

Asia-Pacific insurers face limited direct Middle East exposure: S&P

A report by S&P Global Ratings has suggested Asia-Pacific insurers have limited direct exposure to the Middle East, with risks remaining manageable under its base-case scenario but likely to escalate if oil market disruptions persist for an ex...

Posted: Apr 13, 2026

DXC Technology introduces Assure Smart Apps to accelerate insurers’ digital transformation

DXC Technology, a global technology services provider, has introduced new Assure Smart Apps built on ServiceNow, designed to help insurers accelerate AI-powered transformation. Launched at the DXC Connect Insurance Executive Forum in March 2026, t...

Posted: Apr 13, 2026

Repeat of Great New England Hurricane would produce $20bn+ insured loss in New York: KCC

A recurrence of the 1938 Great New England Hurricane would produce more than $20 billion in insured losses in New York alone with today’s property values and rebuilding costs, according to a recent paper by Karen Clark & Company (KCC), a catas...

Posted: Apr 13, 2026

Longevity risk climbs the agenda for UK pension schemes as endgame strategies evolve: Aon

Aon plc, the professional services firm specialising in risk, retirement and health solutions, reports that longevity risk is becoming an increasingly important focus for UK defined benefit (DB) pension schemes as they reassess their long-term obj...

Posted: Apr 13, 2026

Fiona Marry named as Bridgehaven’s new European CEO

Bridgehaven Europe Specialty DAC (Bridgehaven), a European insurer focused on commercial and specialty risks, has announced the appointment of Fiona Marry as European CEO. Operating out of Bridgehaven’s Dublin office, Marry will be heading the com...

Posted: Apr 13, 2026

MJ Sung joins Gallagher Re’s Korea team as Divisional Director

Global reinsurance broker Gallagher Re has appointed MJ Sung as Divisional Director of its Korea team. “MJ brings 18 years of extensive experience across the insurance and reinsurance industry. His broad industry background will support the...

Posted: Apr 13, 2026

PERILS raises industry loss estimate for Victoria Bushfires to AU$810m

PERILS, the Zurich-based catastrophe insurance data provider, has lifted its second insurance industry loss estimate for the Victoria Bushfires, which took place from January 7th to 13th, 2026, to AU$810 million. These fires destroyed 900 building...

Posted: Apr 13, 2026

Pool Re launches new SME incentive scheme to increase terrorism cover uptake

Pool Re, Britain’s largest terrorism reinsurer, has launched a new incentive scheme for its Members, effective 1 April, offering discounts on reinsurance costs when they reintegrate terrorism cover as standard across SME property policies. “...

Posted: Apr 13, 2026

Gartner forecasts surge in AI-related legal claims and urges stronger insurance strategies

Gartner, a research and advisory company specialising in business and technology insights, has projected that more than 2,000 legal claims linked to so-called “death by AI” incidents will be brought worldwide by the end of 2026. The prediction ref...

Posted: Apr 13, 2026

Euclid Transactional announces 21 senior promotions

Euclid Transactional, a managing general agent (MGA) specialising in transactional insurance underwriting and claims handling, has announced 21 senior-level promotions across various global regions and functions. These 21 promotions form part of 4...

Posted: Apr 13, 2026

Swiss Re’s shareholders elect Jean-Jacques Henchoz as new Board member and approve dividend

Jean‑Jacques Henchoz, the former Chief Executive Officer of large European reinsurer Hannover Re, has been elected as a new member of the Board of Directors of Swiss Re, another of Europe’s big four reinsurance companies. Back in February, S...

Posted: Apr 10, 2026

Liberty Mutual establishes $600m endowment to support long-term community resilience

Liberty Mutual Insurance has announced the establishment of a $600 million endowment for Liberty Mutual Foundation to build stronger and more resilient communities. This meaningful investment marks a significant milestone in the company’s lo...

Posted: Apr 10, 2026

Aon integrates new AI benchmarks into Radford McLagan Compensation Database

As demand for artificial intelligence (AI) talent and roles intensifies across industries, global insurance and reinsurance broking group Aon has launched enhancements to its Radford McLagan Compensation Database. The new platform capabilities int...

Posted: Apr 10, 2026

Great American promotes Jesse Gutierrez to Divisional President, Professional Liability

Great American Insurance Group, a property and casualty insurer, has announced the promotion of Jesse F. Gutierrez to Divisional President, Professional Liability, effective 27th April 2026. Gutierrez will succeed Reina L. Gregorio, who will be re...

Posted: Apr 10, 2026

Triple-I urges caution amid ‘somewhat below average’ Atlantic hurricane season forecast

While a “somewhat below average” hurricane season is forecasted for 2026 in the Atlantic Basin, the Insurance Information Institute (Triple-I) is advising insurers to remain cautious, as it only takes one major storm to shatter loss expectations i...

Posted: Apr 10, 2026

Miguel Araújo to lead Iberia business at Gallagher Re

Gallagher Re, the reinsurance broking and advisory arm of Arthur J. Gallagher & Co., has announced the appointment of Miguel Araújo as the new leader of its Iberia business. Araújo brings a combination of technical expertise and commercial exp...

Posted: Apr 10, 2026

Evercore ISI flags mounting pressures across P&C insurance

Evercore ISI, the investment research arm of Evercore, has outlined a challenging backdrop for the property and casualty (P&C) insurance sector in its first-quarter 2026 preview, pointing to increasing cyclical pressure across commercial, pers...

Posted: Apr 10, 2026

CopperPoint names Kellen Booher as President and CEO in planned leadership transition

CopperPoint Mutual Insurance Holding Company, a provider of workers’ compensation and commercial insurance, has appointed Kellen Booher as its new President and Chief Executive Officer, marking the next phase in the company’s leadership evolution....

Posted: Apr 10, 2026

ACORD finds majority of insurance M&A deals create shareholder value amid strategic shift

ACORD, the standards-setting organisation serving the insurance sector, has released an updated version of its report Carrier Mergers & Acquisitions: Drivers, Implications & Outcomes, providing a detailed examination of consolidation trend...

Posted: Apr 10, 2026

American Integrity appoints Brian Foley as Chief Financial Officer

American Integrity Insurance Group, Inc., a Tampa-based property and casualty insurance holding company, has announced the appointment of Brian Foley as Chief Financial Officer, effective 6th April 2026. Foley succeeds Ben Lurie, who will transiti...

Posted: Apr 10, 2026