Reinsurance News

BDO expands global presence with launch of Bermuda office

BDO, a provider of professional services, has expanded its global footprint with the official launch of BDO Bermuda, enhancing its ability to serve clients with Bermuda-domiciled structures. This expansion underscores BDO’s commitment to deliverin...

Posted: Feb 05, 2026

ACORD names Austin as VP, Standards Engagement & Montecillo as MD, UK

ACORD, the global standards-setting body for the insurance industry, has appointed Yolanda Austin as Vice President (VP) of Standards Engagement and Clarissa Montecillo as Managing Director (MD), ACORD UK. The two appointments underscore the organ...

Posted: Feb 05, 2026

London Market looks to talent, capital and innovation as competition intensifies

While the London Market has doubled in size over the past decade to $187 billion in GWP and contributes £61 billion to UK GDP, some smaller jurisdictions have reportedly grown faster in recent years, highlighting, according to the London Market Gr...

Posted: Feb 05, 2026

Canopius appoints Adrian Phipps as Chief People Officer

Canopius Group, a global specialty and property & casualty re/insurer, has announced the appointment of Adrian Phipps as Chief People Officer, effective June 2026. Phipps will succeed Chief Human Resources Officer Barbara Turner, who will reti...

Posted: Feb 05, 2026

Supply / demand dynamics to persist in property cat, but there’s strong rate adequacy in mid-year re...

Bermuda-based reinsurance company, RenaissanceRe (RenRe), expects the supply demand dynamics in property catastrophe that played out at the January 1st renewals to persist into the mid-year renewals, but believes that the robustness of rate adequa...

Posted: Feb 05, 2026

Beazley’s new Bermuda entity gets stable outlook as AM Best reacts to acquisition news

Beazley Bermuda Insurance Limited (BBIL), the London-domiciled specialist insurer and reinsurer’s new Bermuda entity, has been assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) by credit...

Posted: Feb 05, 2026

Everest’s income climbs as refined underwriting focus boosts 2025 results

Everest has reported net income of $1.59 billion for 2025, up from $1.37 billion in 2024, while net investment income climbed to a record $2.1 billion, as the group sharpened its underwriting focus and streamlined its business. The firm also poste...

Posted: Feb 05, 2026

HIVE adds two senior underwriters to new Marine platform

HIVE Underwriters, an independent specialty managing general agent (MGA), is strengthening its new Marine specialty underwriting team with two new appointments: Alistair Marriott as Head of Marine, and Jared Short as Head of Transportation and Log...

Posted: Feb 05, 2026

Relm strengthens executive leadership with Bermuda and UK appointments

Relm Insurance, an insurer focused on emerging industries, has announced the appointment of three senior executives to its leadership team: Becky Vernon as Chief Legal Officer, Henry Paddison as Chief Operating Officer, and Shane Doyle as Chief Un...

Posted: Feb 05, 2026

Hannover Re reports 3.3% rise in Jan 1 P&C reinsurance premiums

Hannover Re reported that its total renewed premium volume in traditional property and casualty reinsurance increased by 3.3% to €10.535 billion at the January 1, 2026 renewals, despite a highly competitive market environment. The reinsurer noted...

Posted: Feb 05, 2026

Roberto Pinto named Marsh Risk’s International Affinity Leader

Marsh Risk, the insurance broking arm of Marsh, has announced the appointment of Roberto Pinto as International Affinity Leader, effective 23 February 2026. In his new role, Pinto will oversee the development of Marsh’s affinity business acr...

Posted: Feb 05, 2026

Meiji Yasuda Group acquires Banner Life for $2.3bn

Meiji Yasuda Group, a Japanese life insurance company, has completed the acquisition of Banner Life Insurance Company and William Penn Life Insurance Company of New York (the Banner Life family of companies) for approximately $2.3 billion. The acq...

Posted: Feb 05, 2026

BHSI promotes Chris Polechronis to Head of Financial Institutions, US

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has announced the promotion of Chris Polechronis to Head of Financial Institutions in the U.S. Based in New York, Polech...

Posted: Feb 05, 2026

Data centre boom has headwinds, but Chubb’s capabilities extremely broad: CEO Greenberg

The rapid global build-out of data centres is a great investment opportunity that also comes with headwinds, but global insurer Chubb’s capabilities in this area are extremely broad, Evan Greenberg, CEO, highlighted during the company’...

Posted: Feb 04, 2026

Somerset Re appoints Steve Belcher as CFO and Joelina Redden as CLO

Somerset Reinsurance Ltd., a provider of asset-intensive reinsurance solutions to the life and annuity market, has hired Steve Belcher from MetLife as its new Chief Financial Officer (CFO), while Joelina Redden has also joined the firm, as Chief L...

Posted: Feb 04, 2026

SGIS Group approved as Lloyd’s registered broker

Simon Global Insurance Services Group (SGIS Group), a premier insurance brokerage platform, secured approval as a Lloyd’s registered broker on January 30th, 2026. The approval was facilitated through its subsidiary SGIS Malaysia Ltd., but as noted...

Posted: Feb 04, 2026

Andrei Romanescu named General Manager of SCOR Bucharest

Global reinsurer SCOR has appointed Andrei Romanescu as General Manager of SCOR Bucharest, its newly established office in Romania, to lead the development of its operations in the country with a focus on driving efficiency, collaboration, and exe...

Posted: Feb 04, 2026

CGRE launches Aviation Insurance and Reinsurance Practice led by Matt Gould

CGRE, an independent insurance and reinsurance brokerage, has launched its Aviation Insurance and Reinsurance practice, further expanding its specialty expertise and global market capabilities. Matt Gould will lead the new practice as Head of Avia...

Posted: Feb 04, 2026

Aon reshuffles Reinsurance Solutions business in Greece and Cyprus

Aon has announced leadership changes within its Reinsurance Solutions business in Greece and Cyprus, with Dimitris Lymperis appointed chief executive officer for the region, succeeding Manolis Siatounis, and Evros Kyriakides named managing directo...

Posted: Feb 04, 2026

Cedents looked to reduce reinsurer panels at 1.1: SCOR’s Conoscente

Large European and some global insurers took advantage of reinsurance market dynamics to reduce the number of reinsurers in their core panels at the January 1, 2026, renewals, according to Jean-Paul Conoscente, P&C CEO of French reinsurer SCOR...

Posted: Feb 04, 2026

Crew Reinsurance Brokers adopted as ATL RE’s new brand amid regional growth

Crew Reinsurance Brokers has unveiled its new brand and corporate identity, marking the completion of a transformation that began in 2016 under the name ATL RE. The change reflects the substantial growth the company has experienced and the maturit...

Posted: Feb 04, 2026

Cyber-related fines reveal widening gap between regulatory risk & insurable protection: Aon

Businesses located or operating across EMEA face increasing exposure to cyber-related fines and penalties as enforcement becomes more assertive, while the insurability of these fines remains uncertain and varies by jurisdiction, according to a joi...

Posted: Feb 04, 2026

Tim Hewitt named Head of Japan Intl. Solutions & Strategy at Howden Japan

Global insurance and reinsurance broker Howden has announced the appointment of Tim Hewitt as Head of Japan International Solutions and Strategy at Howden Japan, effective February 2026. In his new role, Hewitt will continue to focus on growing Ho...

Posted: Feb 04, 2026

Global insurance rates fall 4% in Q4’25: Marsh Risk

Global insurance rates declined 4% in the fourth quarter of 2025, according to the latest Marsh Global Insurance Market Index, marking the sixth consecutive quarter of declines. This downward trend was supported by significant insurer capacity, dr...

Posted: Feb 04, 2026

MGT and Amwins partner to manage E&S risks with AI

MGT, a vertically artificial intelligence (AI)-native neo-insurer, has entered into a strategic partnership with Amwins, a distributor of specialty insurance products and services, to select risks in the rapidly expanding Excess & Surplus (E&#...

Posted: Feb 04, 2026