Reinsurance News

AI12 to accelerate Specialty expansion with Sheppard as CBO

Edward Sheppard is set to lead the CP&I portfolio and accelerate the global Specialty growth strategy of AI12, a global specialist insurance and reinsurance brokerage, as Chief Broking Officer. The appointment follows AI12’s authorisation by t...

Posted: Jan 23, 2026

Price Forbes Re strengthens L&H team with Alexander Ehrlich & Younkyung Cho

Price Forbes Re, an independent reinsurance broker, has announced the appointments of Alexander Ehrlich as Senior Vice President, Life & Health reinsurance, and Younkyung Cho as Vice President, Business Development Actuary. Both Ehrlich and Ch...

Posted: Jan 23, 2026

MS Transverse names Tom McGrath Senior Vice President, Head of Program Underwriting

MS Transverse, a hybrid fronting carrier that works with MGAs and programme administrators across the United States, has recently announced that Tom McGrath has joined the company as Senior Vice President, Head of Program Underwriting. McGrath wil...

Posted: Jan 23, 2026

There’s a fair & healthy balance between supply and demand: Guidée, AXA XL Re

Renaud Guidée, Chief Executive Officer (CEO) of property and casualty reinsurer AXA XL Reinsurance, has said that in the current reinsurance market environment, which he describes as a “fair and healthy balance” between supply and dema...

Posted: Jan 23, 2026

Extreme weather in Australia costs insurers $3.5bn in 2025: ICA

According to new data from the Insurance Council of Australia (ICA), extreme weather events have resulted in almost $3.5 billion in insured losses from 264,000 claims in 2025. Of these losses, the costliest was Ex-Tropical Cyclone Alfred, which ac...

Posted: Jan 23, 2026

Fidelis secures $75m of reinsurance protection with latest cat bond

Fidelis Insurance Bermuda Limited (FIBL), part of Fidelis Insurance Group, has successfully placed a new catastrophe bond, providing its parent with annual aggregate, industry-loss triggered protection against losses from earthquakes affecting the...

Posted: Jan 23, 2026

Hannover Re appoints Prateek Maheshwari as CFO, India Branch

Hannover Re, a global reinsurer operating across property and casualty, life, and health lines, has announced the appointment of Prateek Maheshwari as Chief Financial Officer of its India Branch. Maheshwari has been part of Hannover Re since 2017,...

Posted: Jan 23, 2026

Fitch Ratings: US P&C market to soften further in 2026 as competition intensifies

Fitch Ratings, the credit rating agency, expects the US property and casualty (P&C) insurance market to face continued softening through 2026. According to the analysis, the US P&C insurance market is set to become more competitive in 2026...

Posted: Jan 23, 2026

Everest Group names Christopher Kujawa as Chief Human Resources Officer

Everest Group, Ltd., an underwriting organisation offering reinsurance and specialty insurance solutions, announced the appointment of Christopher Kujawa as Executive Vice President and Chief Human Resources Officer, effective January 20, 2026. Ku...

Posted: Jan 23, 2026

James Pearce joins BMS Cyber team as Senior Broker

BMS, an independent insurance and reinsurance broker, has announced the appointment of James Pearce as a Senior Broker, Cyber, reporting to Daniel Leahy, Cyber Practice Leader. Pearce brings to his new role extensive experience in the placement of...

Posted: Jan 23, 2026

Willis flags emerging risks for defence industry amid surging demand

The defence industry is experiencing surging demand amid an increasingly volatile geopolitical landscape, but is constrained by lagging production, economic nationalism, fiscal fragility, and supply chain risks, according to a new report from Oxfo...

Posted: Jan 23, 2026

AIG names Neil Smallcombe President of Lexington Insurance Company

Global insurer American International Group (AIG) has announced the promotion of Neil Smallcombe as President, Lexington Insurance Company, the firm’s U.S. surplus lines insurer. In his new role, Smallcombe will leverage his over two decades of in...

Posted: Jan 23, 2026

IMAC reports continued strength in Cayman’s captive insurance sector for 2025

The Insurance Managers Association of Cayman (IMAC), the representative body for Cayman’s captive insurance and reinsurance sector, has released an update pointing to continued expansion in the jurisdiction, following the Cayman Islands Monetary A...

Posted: Jan 22, 2026

AXA XL forms dedicated Alternative Risk Solutions team in Americas

AXA XL has launched a dedicated Alternative Risk Solutions (ARS) team, appointing Sylvain Bouteillé as its leader. In addition to leading the newly established ARS team within AXA XL’s Large Commercial business segment, Bouteillé will contin...

Posted: Jan 22, 2026

Geoeconomic uncertainty presents opportunities to help businesses thrive: Marsh CEO

John Q. Doyle, President and CEO of Marsh, has stated that today’s geopolitical and geoeconomic uncertainties create real opportunities for the firm to leverage its broad capabilities to help businesses navigate and thrive in challenging times. Sp...

Posted: Jan 22, 2026

Willis strengthens FINEX business in the Pacific with Eden Fletcher & Stephen Trickey

Willis, a WTW business, has strengthened its Financial, Professional and Executive Risks (FINEX) business in the Pacific with the appointments of Eden Fletcher as Head of FINEX, Pacific, and Stephen Trickey as Head of Growth, Pacific. Fletcher suc...

Posted: Jan 22, 2026

RLI’s underwriting income climbs to $71m for Q4’25 with 82.6% CoR

Specialty insurer RLI Corp. has reported an underwriting income of $70.9 million for the fourth quarter of 2025 (Q4’25) with a combined ratio (CoR) of 82.6%, compared to $22.2 million and 94.4%, respectively, in Q4 2024. RLI has posted a solid set...

Posted: Jan 22, 2026

Descartes launches parametric product suite for data centres

Descartes Underwriting has announced a new parametric product suite for data centres, providing flexible capacity of up to $140 million per policy against natural perils that threaten timely completion of construction, commissioning, and ongoing s...

Posted: Jan 22, 2026

Premium renewal rates up YoY across nearly all major commercial lines in Q4: Ivans

Ivans, a division of Applied Systems, has released the fourth quarter of 2025 results for the Ivans Index, showing that the average premium renewal rate change for all major commercial lines of business, except Workers’ Compensation, increased yea...

Posted: Jan 22, 2026

The Fidelis Partnership appoints Mark Khan as Head of Broker Relationships

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the appointment of Mark Khan as Head of Broker Relationships, effective 2nd February 2026. In his new role, Khan will drive the deal-by-deal executi...

Posted: Jan 22, 2026

Swiss Re forecasts global GDP growth in 2026 despite geopolitical volatility

Charlotte Mueller, European Chief Economist at Swiss Re, said the firm still expects GDP growth to hold up reasonably well in 2026, despite a fragmented global order of competing spheres of influence that shortens the path to adverse tail risk sce...

Posted: Jan 22, 2026

Assured Guaranty expands into annuity reinsurance through Warwick Re acquisition

Assured Guaranty Ltd. (AGL), an insurance holding company, together with its subsidiaries operating under the Assured Guaranty name, announced that it has entered the annuity reinsurance market with the acquisition of Warwick Re Limited (Warwick R...

Posted: Jan 22, 2026

Canopius names Victoria Baxter as Head of Property Treaty

Canopius, an international specialty and property and casualty re/insurer, has announced the appointment of Victoria Baxter as Head of Property Treaty in London, effective immediately. In this role, Baxter will be responsible for leading the Londo...

Posted: Jan 22, 2026

Acrisure London Wholesale launches digital platform to bridge SMBs and London market

Acrisure London Wholesale (ALW), the London-based wholesale division of global fintech company Acrisure, has launched Acrisure Connect, a new digital platform designed to transform how small and mid-size businesses (SMBs) access the London market....

Posted: Jan 22, 2026

Aon introduces new Bermuda-based liability capacity for US construction projects

Aon plc, a global professional services firm, has launched the Bermuda Insurance Liability Top-Up (BILT), a newly created facility designed to expand excess casualty capacity for US construction projects. Exclusive to Aon, the facility offers up t...

Posted: Jan 22, 2026