Reinsurance News

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

APRA warns climate pressures could widen Australia’s home insurance protection gap

The Australian Prudential Regulation Authority (APRA) has released its Insurance Climate Vulnerability Assessment (Insurance CVA), a prudential stress test showing how climate-driven pressures on insurance premiums could significantly widen the ho...

Posted: Mar 24, 2026

JBA Risk Management launches updated Global Flood Model

JBA Risk Management, a UK-based flood science specialist, has extensively updated its Global Flood Model, enhancing it with updated hazard maps, an extended range of future climate event sets, while improving processing speed and exposure disaggre...

Posted: Mar 24, 2026

Westfield Specialty promotes Katie MacGregor to COO

Westfield Specialty International, a specialty insurance provider, has announced the promotion of Katie MacGregor to Chief Operating Officer (COO). In her role, MacGregor will lead operational functions across the international business — covering...

Posted: Mar 24, 2026

Mosaic Insurance reorganises underwriting hubs to support global growth

Mosaic Insurance, a specialty insurer, has announced a reorganisation of two of its core underwriting hubs as part of efforts to better align international resources and support its next phase of growth. As part of the restructuring, Benn Wilson,...

Posted: Mar 24, 2026

Amiga Specialty partners with AXA XL to bolster Financial Institutions offering

Amiga Specialty, a specialist managing general agent (MGA), has secured a significant capacity agreement with AXA XL, which will bolster its Financial Institutions (FI) proposition and accelerate its growth across international markets. The deal f...

Posted: Mar 24, 2026

‘Perfect time’ for climate-tech focus, says Dickson as OAK Global unveils new unit

OAK Global is targeting the increasingly interconnected risks of climate and technology with the launch of OAK Horizon, a new underwriting unit designed to channel capital into emerging exposures, as CUO Tom Dickson points to a narrowing window to...

Posted: Mar 24, 2026

HDI Global’s revenue increases to €10.3bn in 2025

Corporate & Specialty insurer HDI Global, part of the Talanx Group, has reported positive financial results for 2025, with insurance revenue increasing 5%, to €10.3 billion, after adjustment for currency effects. According to the insurer, the...

Posted: Mar 24, 2026

Gallagher Re report warns traditional insurance is failing to cover AI-related liabilities

Gallagher Re, the global reinsurance broker, has released a new white paper in partnership with Massachusetts Institute of Technology and Testudo stating that existing insurance frameworks are not equipped to deal with risks arising from artificia...

Posted: Mar 24, 2026

Alacrity Solutions establishes UK presence to support Lloyd’s-placed US risks

Alacrity Solutions, a US-based insurance services firm specialising in complex and catastrophe-driven claims, has launched a UK presence from within the Lloyd’s of London building to support insurers and coverholders placing US risks through the L...

Posted: Mar 24, 2026

AM Best maintains stable outlook on UK non-life insurance segment

AM Best has maintained its stable outlook on the UK non-life insurance segment, noting that headwinds and tailwinds affecting the segment’s operating environment remain broadly balanced despite elevated geopolitical risks. The ratings agency...

Posted: Mar 24, 2026

Ariel Re rolls out promotions across its Bermuda and London offices

Global reinsurance business Ariel Re has announced several promotions across its Bermuda and London offices, reinforcing its “academy firm” approach as it continues to position itself as a place where re/insurance professionals can learn, grow, an...

Posted: Mar 24, 2026

Brit launches cargo consortium with capacity of up to $80m

Specialty insurer Brit Group Holdings Limited has launched ‘BRIDGE’, a new cargo consortium offering line capacity of up to $80 million. According to Brit, the consortium is set to be one of the largest in the cargo market. The insurer explains th...

Posted: Mar 24, 2026

Chaucer and Ceto partner to launch new marine MGA

Global specialty re/insurance group Chaucer, and Ceto AI, a technology company specialising in predictive analytics for the maritime industry, have launched a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the a...

Posted: Mar 24, 2026

OAK Global launches Horizon unit to target climate and technology risks

OAK Global has unveiled a new cross-class strategic business unit, OAK Horizon, aimed at capturing underwriting opportunities at the intersection of climate and technology risk, backed by capacity from its existing Lloyd’s syndicates. OAK Horizon...

Posted: Mar 24, 2026

Peak Re appoints Swiss Re’s Victor Kuk as CEO, Franz-Josef Hahn transitions to Special Advisor

Hong Kong domiciled global reinsurance company, Peak Re, has hired Victor Kuk from Swiss Re to serve as its new Chief Executive Officer (CEO), taking over from Co-founder Franz-Josef Hahn, who transitions to Special Advisor after leading the firm...

Posted: Mar 24, 2026

Relation acquires subsea and aquaculture specialist Chinook Insurance

US insurance brokerage Relation Insurance Services has acquired the assets of Chinook Insurance Group, LLC, a commercial insurance brokerage that specialises in the subsea and aquaculture industries, among others. Based in Seattle, Washington, Chi...

Posted: Mar 24, 2026

Pro Global expands Latin American operations to support growing demand

Pro Global, a specialist adviser to the specialist insurance sector, is accelerating its expansion in Latin America through continued investment in its regional headquarters in Argentina. This growth reflects increasing adoption of outsourced and...

Posted: Mar 24, 2026

AM Best confirms A- financial strength rating for GUNA Re

Credit rating agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to GUNA Re (Cayman Islands), with the outlook for these ratings as stable. The ratings are underpinned...

Posted: Mar 24, 2026

Ki adds Helen Rios as Active Underwriter for Syndicate 1618

Algorithmic Lloyd’s digital follow platform, Ki, has appointed Helen Rios as an Active Underwriter for Syndicate 1618, effective March 2026, subject to regulatory approval. In her new role, Rios will report to Mark Allan, Chief Executive Officer o...

Posted: Mar 24, 2026

Canada Life finalises £30m buy-in with Phoenix Medical Supplies Pension Scheme

Canada Life, a life assurance, pensions, and investment company, has completed a £30 million full-scheme buy-in for the Phoenix Medical Supplies Pension Scheme, safeguarding the future benefits of more than 145 pensioners and 80 deferred members....

Posted: Mar 24, 2026

The Tennessee Department of Commerce & Insurance reports sixth straight year of captive insurance ex...

The Tennessee Department of Commerce & Insurance (TDCI), the state agency responsible for overseeing insurance, securities, and various business regulations in Tennessee, announced that 2025 marked its sixth consecutive year of growth in both...

Posted: Mar 23, 2026

MSIG USA names Matt Thompson as South-Central Region Distribution Leader

MSIG USA, a specialty insurance provider offering a range of commercial and personal insurance solutions, has appointed Matt Thompson as South-Central Region Distribution Leader. In this role, Thompson will drive growth and strategic initiatives a...

Posted: Mar 23, 2026

Insurance sector needs hybrid talent amid rapid automation: Aon’s Blain

With 97% of insurers accelerating automation — one of the highest rates across any sector — hybrid profiles are the future, however, the journey to this ideal is ongoing, Aon highlights in its latest industry analysis. As technology redefines the...

Posted: Mar 23, 2026