Reinsurance News
The Lagos State government has contracted a parametric flood-risk insurance policy in the Nigerian insurance market, designed to protect up to 4 million vulnerable people, providing up to USD 7.5 million for flood response and recovery. The policy...
Posted: Mar 27, 2026
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Soo Wai Har as Chief Executive Officer (CEO) of Berjaya Sompo Insurance Berhad, its P&C insurance business in Malaysia, taking ef...
Posted: Mar 27, 2026
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
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
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, 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 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
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
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 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
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, 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
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 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
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
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 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, 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, 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
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 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, 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
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 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 (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