Reinsurance News

Swiss Re flags accumulation risk in data centres as key underwriting challenge

The data centre industry is evolving into increasingly complex, high-energy-density facilities that concentrate risks within single sites, with underwriting success depending not only on capacity, but also on specialised technical assessment and d...

Posted: Mar 27, 2026

XS Global appoints Daniel Abramson as Head of Construction Underwriting, APAC

XS Global, an independently owned managing general underwriting (MGU) platform, has announced the appointment of Daniel Abramson as Head of Construction Underwriting for Asia Pacific, based in Hong Kong. Abramson brings more than 25 years of insur...

Posted: Mar 27, 2026

SEADRIF and AHA Centre sign agreement to advance disaster risk financing in Southeast Asia

The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) Insurance Company, a regional initiative supporting disaster risk financing solutions, and the ASEAN Coordinating Centre for Humanitarian Assistance on disaster management (AHA Centre),...

Posted: Mar 27, 2026

Reassured hits two million life and critical illness policies sold

Reassured, the UK domiciled life insurance broker, has reached the milestone of providing more than two million life insurance and critical illness policies to customers since 2009. In December 2025, the broker confirmed that it had recorded a 16%...

Posted: Mar 27, 2026

Continued Middle East conflict drives ‘new equilibrium’ in terrorism and political violence reinsura...

A prolonged Middle East conflict is emerging as the most likely near-term scenario shaping terrorism and political violence reinsurance renewals, with the market already settling into a new equilibrium, according to WTW. Fergus Critchley, Global H...

Posted: Mar 27, 2026

Infosys set to acquire insurance technology provider, Stratus

Infosys, a provider of digital services, business consulting, and outsourcing services, is set to acquire Stratus, a technology solutions provider for the property & casualty (P&C) insurance industry. This acquisition, which is expected to...

Posted: Mar 27, 2026

AM Best affirms Sompo’s ratings following Aspen acquisition

Credit rating agency AM Best has removed the under review with positive implications status and affirmed the Financial Strength Rating of A+ (Superior) alongside the Long-Term Issuer Credit Ratings of “aa-” (Superior) for Sompo Japan Insurance Inc...

Posted: Mar 27, 2026

TMK adds Francesca Kevill as Underwriter to its Cyber & Enterprise Risk team

Specialist insurer, Tokio Marine Kiln (TMK), has appointed Francesca Kevill as Underwriter within its Cyber & Enterprise Risk team, effective immediately. In her new role, Kevill will report to Ellie Webb, Head of Delegated Cyber & IP. Her...

Posted: Mar 27, 2026

Total losses from March Kona Storms in Hawaii said to be at least $1bn: Aon

According to global insurance and reinsurance broking group Aon’s weekly catastrophe report, back-to-back Kona Storms on March 10-24, which produced extreme rainfall and subsequent flooding across much of Hawaii, will result in total economic and...

Posted: Mar 27, 2026

Swiss Re appoints Teodora Aldenhoff as Chief Pricing Actuary L&H Continental Europe

Global reinsurer Swiss Re has appointed Teodora Aldenhoff as Chief Pricing Actuary for Life & Health (L&H) Continental Europe. In her new role, Aldenhoff will join Swiss Re’s leadership team and report directly to Augusto Diaz-Leante, Head...

Posted: Mar 27, 2026

PERILS releases initial industry loss estimate of €586m from extratropical windstorm Nils

PERILS, a Zurich-based catastrophe insurance data provider, has disclosed its initial industry loss estimate for the extratropical windstorm “Nils”, also known as “Ulrike”, noting the event has cost the insurance industry a total of €586 million....

Posted: Mar 27, 2026

Conduit Holdings adds Lightowler, Mullen & Shaw as Non-Executive Directors

Conduit Holdings, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, has appointed industry veterans Richard Lightowler, Peter Mullen, and Penny Shaw as Non-Executive Directors, effective March 26th, 2026....

Posted: Mar 27, 2026

Athora completes acquisition of PIC, plans to relocate headquarters to UK

Athora, a European savings and retirement services group, has completed its acquisition of Pension Insurance Corporation Group Limited, including its wholly owned subsidiary, Pension Insurance Corporation plc (PIC). The acquisition was first annou...

Posted: Mar 27, 2026

Aon expands daily loss intelligence service to include US Severe Convective Storms

Global insurance and reinsurance broking group Aon has announced the expansion of its Automated Event Response (AER) service to include US Severe Convective Storms (SCS). This enhancement has been designed to assist insurers to better manage losse...

Posted: Mar 27, 2026

Augment Risk hires Lucy Carter to bolster global MGA practice

Reinsurance and capital solutions broker Augment Risk has appointed Lucy Carter as partner, MGA, effective immediately. Carter joins from BMS Group, bringing nineteen years of experience across the US insurance and reinsurance markets. Augment Ris...

Posted: Mar 27, 2026

Howden Re highlights broader market impacts as Gulf conflict disrupts energy supply

New commentary from a range of executives at Howden Re has suggested that the effective closure of the Strait of Hormuz following escalating conflict in the Middle East could act as a stress test for the re/insurance sector, but with the reinsuran...

Posted: Mar 27, 2026

Cayman Islands recognised as key international reinsurance jurisdiction: SOA

The Cayman International Reinsurance Companies Association (CIRCA) has supported the findings of a new report by the Society of Actuaries (SOA), which underscores the Cayman Islands’ growing role as an international reinsurance jurisdiction suppor...

Posted: Mar 27, 2026

SageSure appoints Dave PaiMazumder as Director of Catastrophe Risk R&D

SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has announced the appointment of Dave PaiMazumder as Director of Catastrophe Risk R&D. In his new role, PaiMazumder will lead SageSure’s catastrophe risk...

Posted: Mar 27, 2026

Safe Harbor Marinas selects Chubb as preferred insurance provider

Chubb, a global property and casualty insurer, and Safe Harbor Marinas, the global leader in waterfront lifestyle, have entered into an exclusive partnership, with Chubb named the preferred insurance provider for Safe Harbor members. Safe Harbor i...

Posted: Mar 27, 2026

Gallagher Re promotes Nicolas Rincé to President for FraBeLux region

Global reinsurance broker Gallagher Re has announced the promotion of Nicolas Rincé to President for the France, Belgium, and Luxembourg (FraBeLux) region. Rincé joined Gallagher Re in July 2025 as Directeur Général for France, Belgium, and Luxemb...

Posted: Mar 27, 2026

Lagos State government secures up to USD 7.5m parametric flood insurance

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 appoints Soo Wai Har as CEO of Berjaya Sompo Insurance Malaysia

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

Multi-source data key to parametric flood insurance success: Swiss Re

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

Matthew Kirk takes over as AXIS Chief Financial Officer

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

Totalis Program Underwriters acquires specialist provider ShoreOne

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