Reinsurance News

LIRG provides QS reinsurance for DLT Alert’s embedded parametric cyber warranty rollout

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 and Equitable to merge in all-stock deal valuing combined company at $22bn

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

Safety concerns not insurance availability halting Strait of Hormuz, LMA clarifies

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

Industry veteran Chris Jones joins Pinion Insurance as Group CFO

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 Re commences operations in India

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 appoints Edouard Huberdeau as Director to strengthen global credit insurance expertise

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 and Circle Asia launch new art insurance facility for collectors and galleries in Asia

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

SiriusPoint partners with property MGA Steadily

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 hires AXIS Re’s Jason Busti as Head of North America Treaty Reinsurance

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 survey finds AI improving efficiency as underwriting faces talent gap

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

Raja Sengupta joins Verisk as President of Life Solutions

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 launches direct access to parametric hail insurance product

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 adds Ettore Palma as Broker Relationship Manager

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

Hailstorms now rival Cat 4 hurricanes in financial losses: Cotality

Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed. For insurers and reinsurers, this shift demands...

Posted: Mar 25, 2026

Aon announces new leadership structure for US reinsurance specialty distribution segment

Global re/insurance broker Aon has announced a new leadership structure for its U.S. specialty distribution segment within Reinsurance Solutions, spanning E&S carriers, MGAs/MGUs, program-specific carriers, hybrid fronts, and delegated authori...

Posted: Mar 25, 2026

Low cat losses fuelled strong results for U.S. P&C insurers in 2025: Verisk & APCIA

Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of their strongest underwriting results in years in 2025, although the performance was largely driven by unusually low catastrophe losses rather than...

Posted: Mar 25, 2026

Marsh Risk secures insurance for construction of first commercial-scale advanced nuclear power plant...

Marsh Risk, a business of global re/insurance broker Marsh, has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1. This marks a significant move as the unit is the first commercial-scale, advanced nuclear power plant in the...

Posted: Mar 25, 2026

Munich Re flags intensifying cyber risk landscape amid geopolitical strains

With cyber insurance growing ever more relevant and cyber risks intensifying amid powerful geopolitical, technological and economic pressures, Munich Re has urged companies to place equal emphasis on resilience and protection, highlighting the nee...

Posted: Mar 25, 2026

Rising Edge appoints Doug Robare as Chief Underwriting Officer

Rising Edge Ltd, an insurance underwriting specialist, has announced the appointment of Doug Robare as Chief Underwriting Officer. In his new role, Robare will lead the development of new underwriting propositions across the portfolio, focusing on...

Posted: Mar 25, 2026

Applied well placed to bring insurers closer to distribution partners: Streit, Ivans

Insurers are seeking to get closer to their distribution partners and become easier to do business with, enabling them to attract more submissions, respond faster, and gain better insight into the risks they are selecting, a shift that Applied Sys...

Posted: Mar 25, 2026

Michael Reynolds named AXA XL Head of Marine, UK & Lloyd’s and Global CUO for Hull

AXA XL, the property, casualty, and specialty risk division of AXA, has announced the appointment of Michael Reynolds as Head of Marine, UK & Lloyd’s and Global Chief Underwriting Officer for Hull. Reynolds will be based in London, and will st...

Posted: Mar 25, 2026

Fuse expands beyond crop insurance with AI-powered Agriculture vertical

Fuse, an AI-powered commercial insurance intelligence platform, has launched a new Agriculture vertical, designed to cover the complete Ag & Rural insurance landscape, giving brokers and carriers continuous, actionable intelligence across ever...

Posted: Mar 25, 2026

Arrow Global extends investment platform into specialty insurance with AGI launch

Arrow Global Group (Arrow), a pan-European investment manager specialising in private credit and real estate, has launched Arrow Global Insurance (AGI), a strategic extension of its existing investment platform to capture institutional investment...

Posted: Mar 25, 2026

Canopius appoints Bridges and Cannon to senior claims roles

Canopius Group, a global specialty and property & casualty re/insurer, has appointed Dan Bridges as Head of Claims, Bermuda and Global Head of Reinsurance Claims, and Patrick Cannon as Global Head of Cyber Claims. The two senior appointments a...

Posted: Mar 25, 2026

New Dawn Risk and Continent 8 partner for iGaming cybersecurity and insurance

Specialist Lloyd’s broker New Dawn Risk has partnered with Continent 8 Technologies, a provider of managed IT solutions for the iGaming and online sports betting industry. This collaboration merges Continent 8’s cyber security expertise with New D...

Posted: Mar 25, 2026