Reinsurance News

Berkley Insurance Asia announces key leadership moves within its Marine team

Berkley Insurance Asia has announced the appointment of Kenneth Cheong as Head of Marine, Asia, taking over the role from Lee Ju-Ann, effective 1 April 2026, As part of the leadership developments within Berkley Insurance Asia Marine team, Lee Ju-...

Posted: Mar 23, 2026

Prolonged Middle East conflict could stretch re/insurers’ loss exposure despite exclusions

A new report from Autonomous has suggested that direct insurance losses should remain relatively contained due to standard war and terror exclusions in many contracts, though the longer the conflict persists, and potentially expands, the greater t...

Posted: Mar 23, 2026

Peter Babej joins Reinsurance Group of America’s Board of Directors

Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has appointed Peter Babej to its Board of Directors, effective April 1st, 2026. Most recently, Babej served as Chairman and Interim Head of Banking at Citigroup...

Posted: Mar 23, 2026

NormanMax hires Blue Marble’s Alvaro Espinel Pardo to lead strategy & development in Latin & South A...

NormanMax Insurance Holdings, a US domiciled parametric insurer and reinsurer, has hired Alvaro Espinel Pardo as a Vice President to lead its strategy and development in both Latin and South America. Espinel Pardo joins the company on March 23rd,...

Posted: Mar 23, 2026

Fabienne Marsoner joins Gallagher Re as Broker, APAC Casualty FAC

Global reinsurance broker Gallagher Re has announced the appointment of Fabienne Marsoner as Broker, APAC Casualty FAC. Marsoner is joining Gallagher Re from Marsh, where she most recently served as Assistant Vice President – International C...

Posted: Mar 23, 2026

Acrisure London Wholesale launches aviation division with leadership appointment

Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has moved into the aviation insurance sector with the launch of a dedicated specialist team. The development comes shortly after the firm introduced its construction...

Posted: Mar 23, 2026

Compre enters into £250m ADC transaction with European reinsurer

International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of ap...

Posted: Mar 23, 2026

Berkshire Hathaway’s NICO to acquire 2.5% stake in Tokio Marine

Berkshire Hathaway has entered into a comprehensive strategic partnership with Tokio Marine Holdings, Inc. (TMHD), under which its reinsurance business, National Indemnity Company (NICO), will acquire a 2.5% stake in the Japanese insurer. The new...

Posted: Mar 23, 2026

PartnerRe posts rise in net income to $2.1bn for FY’25

Bermuda-based reinsurer PartnerRe has reported net income of $2.10 billion for the full year of 2025 (FY’25), a distinct hike from $1.44 billion in FY’24, as the non-life segment reported an underwriting profit of $364 million, while life and heal...

Posted: Mar 23, 2026

US life insurance premiums hit record $17.5bn in 2025: LIMRA

LIMRA, the research and consulting organisation supporting the insurance and financial services sector, reported that US individual life insurance new annualised premium climbed past $17.5 billion in 2025, establishing a new industry high. Accordi...

Posted: Mar 23, 2026

QBE expands transactional liability in Asia with Reuben Lee appointment

Global insurer QBE has announced the appointment of Reuben Lee as Transactional Liability Lead for Asia, effective 19th March 2026. In this newly created role, Lee will provide strategic direction for underwriting the portfolio in Asia, focusing o...

Posted: Mar 23, 2026

IGI adds former Guy Carpenter MD Thomas A. Collett to its Board

International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has appointed Thomas A. Collett to its Board of Directors and to its Compensation Committee, effective March 19th, 2026. Additionally, David D. Ant...

Posted: Mar 23, 2026

Intelligent AI partners with Guidewire to integrate high-resolution property risk and rebuilt data

Insurtech Intelligent AI has partnered with Guidewire, a property and casualty insurance platform, to bring high-resolution property risk data directly to insurers. The partnership will also enable insurers to rebuild cost data directly within Gui...

Posted: Mar 20, 2026

Chubb reveals structure of DFC’s $20bn Gulf Maritime Insurance Facility

Global property and casualty insurer Chubb, who was recently announced as the lead underwriter for the U.S. International Development Finance Corporation’s (DFC) $20 billion Gulf maritime reinsurance plan, has now outlined the structure and...

Posted: Mar 20, 2026

Balavant launches Hudson backed Sentric Specialty

Balavant Insurance Group, a provider of specialty insurance solutions, has launched Sentric Specialty, a new program manager (PA) built on its platform to deliver specialty solutions for risks across manufacturing, crisis management, and professio...

Posted: Mar 20, 2026

Cameron Glover joins Tokio Marine Kiln Aviation team

Specialist insurer Tokio Marine Kiln (TMK) has further expanded its Aerospace division with the appointment of Cameron Glover as an Underwriter in its Aviation department. In his new role, Glover will focus on writing Airport and Product liability...

Posted: Mar 20, 2026

Reinsurance pools, retro underpin terrorism risk resilience in a complex threat landscape: Guy Carpe...

Tony Gallagher, Regional CEO for Asia Pacific at Guy Carpenter, the global reinsurance broking business and part of Marsh, has set out a detailed case for the central role of reinsurance, retrocession and terrorism pools in supporting market capac...

Posted: Mar 20, 2026

CRC Group expands Insurisk platform to support growing data centre insurance demands

CRC Group, an independent wholesale specialty insurance distributor, has announced enhancements to its exclusive Insurisk platform aimed at meeting the increasing insurance demands of the global data centre industry. The company stated that the pl...

Posted: Mar 20, 2026

Tesla’s FSD insurance could pose competitive risk to Lemonade: Jefferies

Tesla Insurance’s Full Self-Driving (FSD) pricing poses a potential competitive risk to Lemonade’s auto insurance ambitions as its model scales, with pricing based on how the car performs in FSD through its Safety Score, potentially offering bette...

Posted: Mar 20, 2026

Marsh reports reversal in transactional risk insurance pricing amid surge in global M&A activity

Marsh, a global firm specialising in risk, insurance, and consulting services, reports that the transactional risk insurance market experienced a notable change in 2025, with pricing increasing after several years of decline. Marsh states that pri...

Posted: Mar 20, 2026

MGT appoints Garrett Koehn as Senior Advisor

MGT, a vertically AI-native neo-insurer, has announced the appointment of Garrett Koehn as Senior Advisor. In his new role, Koehn will focus on driving strategic distribution expansion and high-ROI AI use cases across the US insurance market. He b...

Posted: Mar 20, 2026

MS Amlin Syndicate underwriting profits up 50.2% with improved CoR in FY’25

MS Amlin Syndicate 2001 has reported strong results (on a UK GAAP basis) for full year 2025, with underwriting profits increasing 50.2% to $350 million from $233 million in 2024, reflecting continued improvements in underwriting and risk selection...

Posted: Mar 20, 2026

Trident Marine Managers appoints Karolina Krol as COO

Trident Marine Managers, the managing general underwriter of Ryan Specialty Underwriting Managers (RSUM), has appointed Karolina Krol as its Chief Operating Officer (COO), effective immediately. In her new role, Krol will oversee Trident’s day-to-...

Posted: Mar 20, 2026

Europe’s big four reinsurers delivered record average ROE in 2025: Fitch

On the back of a strong 2025, Fitch expects the four largest European reinsurers to maintain balance-sheet resilience into 2026, driven by strong capital generation and reserve strengthening, despite a ‘deteriorating’ global reinsurance sector out...

Posted: Mar 20, 2026

Alice Sun named Senior Casualty Underwriter at Sompo Hong Kong

Sompo Asia Pacific (Sompo APAC), part of Sompo International Holdings Ltd., has announced the appointment of Alice Sun as Senior Casualty Underwriter, Hong Kong, Macau and Taiwan at Sompo Hong Kong. In her new role, Sun will play a key part in exe...

Posted: Mar 20, 2026