Reinsurance News
As the Middle East enters the third week of the US/Israel conflict with Iran, AM Best has suggested that losses to the global reinsurance market are limited at present and would typically take the form of single large losses. AM Best’s repor...
Posted: Mar 13, 2026
Bruce Ford joined reinsurance broker Price Forbes Re in March 2026 as the firm’s Chief Commercial Officer Asia and Head of MGA, following more than two years with specialist re/insurance broker, Miller Insurance Services. In his new role wit...
Posted: Mar 13, 2026
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) for members of CapSpecialty Insurance Group (CapSpecialty), with the outlook r...
Posted: Mar 13, 2026
Mapfre, an international insurance company, has announced the appointment of Jorge Colomer as Chief Executive Officer of Mapfre Asset Management (Mapfre AM). Mapfre AM is the asset management arm of Mapfre Group and has more than 30 years of exper...
Posted: Mar 13, 2026
Ascot, a global specialty insurance and reinsurance group, has announced the appointment of Shanelle Burke as U.S. Chief Financial Officer. In her new role, Burke will join Ascot’s U.S. leadership team, overseeing finance operations, strategy, cap...
Posted: Mar 13, 2026
Insurers DUAL North America and AXIS Capital Holdings Limited have expanded the capacity of their surety programme partnership after its first year of operations in the market. DUAL North America, the specialist underwriting arm of the global Howd...
Posted: Mar 13, 2026
Global reinsurer Ariel Re has announced the appointment of Sierra Dietz as Underwriter – Property Reinsurance. Dietz brings eight years of industry experience across claims, modelling, and underwriting. She joins Ariel Re after nearly eight years...
Posted: Mar 13, 2026
The global re/insurance industry is expected to continue benefiting from a broadly favourable external operating environment in 2026, supported by solid global economic growth of around 2.8%, broadly in line with 2025, and further moderating infla...
Posted: Mar 12, 2026
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has appointed Ryan Miller as President of Berkley Southeast, effective immediately. Berkley Southeast provides comprehensive commercial insurance solutions...
Posted: Mar 12, 2026
Neptune Flood has launched a digital flood insurance app within ChatGPT, allowing property owners to receive real-time preliminary flood insurance quotes from Neptune directly through the platform. According to Neptune Flood, customers can now ask...
Posted: Mar 12, 2026
Fidelis Insurance Group, a global insurance and reinsurance company headquartered in Bermuda, has announced the appointment of Nicole Kapu-Leyland as Group General Counsel. In her new role, Kapu-Leyland will report directly to Dan Burrows, Group C...
Posted: Mar 12, 2026
Marsh Risk, part of global insurance broker and risk adviser Marsh, and Apollo, a specialty insurer within Skyward Specialty Insurance Group, have announced the launch of a new insurance facility developed for Uber Technologies Inc.. The arrangeme...
Posted: Mar 12, 2026
MSIG Asia, a general insurer operating across Southeast Asia and part of MS&AD Insurance Group Holdings, has announced a number of senior leadership appointments that will take effect on 1 April 2026. Clemens Philippi, currently Chief Executiv...
Posted: Mar 12, 2026
US commercial insurance premiums rose by 2.9% in the fourth quarter of 2025, continuing a steady slowdown from the 3.8% increases seen in the second and third quarters, according to global advisory and brokerage firm WTW’s Commercial Lines Insuran...
Posted: Mar 12, 2026
Zurich-based catastrophe insurance data provider PERILS has disclosed its fourth and final industry loss estimate for Cyclone Alfred, noting the event has cost the insurance industry a total of AUD 1.877 billion. This final figure compares to the...
Posted: Mar 12, 2026
A new Moody’s report has warned that the ongoing conflict involving Iran has heightened tail risk for specialty insurers and reinsurers, namely those underwriting complex exposures such as marine war‑risk, aviation and political violence, by incre...
Posted: Mar 12, 2026
Global reinsurance broker Gallagher Re has announced the appointment of Steven Housse as Facultative Reinsurance Leader for North America, effective 12th March 2026. In his new role, Housse will lead the company’s facultative strategy across North...
Posted: Mar 12, 2026
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning that the reinsurer is expecting losses from the ongoing conflict in the Middle East in its specialty reinsurance book, although so far there&...
Posted: Mar 12, 2026
Vienna Insurance Group (VIG) achieved strong growth in premiums to €16.3 billion and a significant 31.7% rise in profit before taxes to €1.16 billion for 2025, with the firm highlighting robust levels of profitability in all countries. In terms of...
Posted: Mar 12, 2026
The Insurance Council of Australia (ICA) has declared two Significant Events for communities affected by recent severe rainfall and flooding in the Northern Territory and Queensland. The Northern Territory flooding includes Katherine and surroundi...
Posted: Mar 12, 2026
According to S&P Global Ratings, cyber-risk analytics firms have reported heightened activity by threat actors and affiliated hacktivist groups since the outbreak of the Middle East war, including distributed denial-of-service attacks, phishin...
Posted: Mar 12, 2026
Devonshire Underwriting, the Managing General Agent (MGA) focused on transactional risk (TR) underwriting, has appointed Liria Martinez-Salmon as Managing Director – Head of Southern Europe. The appointment represents a key step in the firm’s inte...
Posted: Mar 12, 2026
Global insurer Generali produced its best ever operating result of €8 billion for the 2025 financial year, with a strong performance in all segments, notably the property and casualty (P&C) arm which delivered a 20% year-on-year increase in it...
Posted: Mar 12, 2026
Starr, an insurance and investment organisation, has announced the appointment of Danielle An as Head of Financial Lines, Singapore, and Wholesale Business, Asia. In her new role, An will play a key role in driving Starr’s growth in Financial Line...
Posted: Mar 12, 2026
The U.S. International Development Finance Corporation (DFC) has revealed that Chubb will serve as the lead partner for its $20 billion Maritime Reinsurance Plan, aimed at restoring commercial shipping in the Gulf and helping to restart energy and...
Posted: Mar 12, 2026