Reinsurance News

Travelers renews cat XoL reinsurance with reduced retention and new $1bn lower layer

Travelers has unveiled its renewed catastrophe excess-of-loss (XoL) reinsurance program for 2026, featuring a significant reduction in retention and the addition of a new lower layer. The 2026 program attaches at a $3 billion retention level, whic...

Posted: Jan 21, 2026

Travelers posts 26% rise in FY’25 net income as underwriting result strengthens

US primary insurer The Travelers Companies, Inc. produced a stronger combined ratio for both the fourth quarter and full year 2025, as net income strengthened for both periods, while the firm reports record full year operating cash flows of $10.6...

Posted: Jan 21, 2026

Talbot strengthens specialty teams with key leadership appointments and promotions

AIG’s Talbot Underwriting has announced a series of strategic leadership appointments and promotions, a move that reflects its continued investment in talent and the strengthening of the firm’s underwriting capabilities. Mark Ladbrook has be...

Posted: Jan 21, 2026

SiriusPoint partners with FASE to support the European MGA market

SiriusPoint, a specialty insurer and reinsurer, has become a member of FASE (Fédération des Agences de Souscription Européennes), the pan-European federation for managing general agents. Founded in 2025, FASE unites MGAs across Europe with insurer...

Posted: Jan 21, 2026

Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation

Moody’s has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insuranc...

Posted: Jan 21, 2026

LMA appoints Argenta’s Nick Moore and Apollo’s Vinay Mistry to its Board

The Lloyd’s Market Association (LMA) has announced the appointments of Nick Moore, Chief Executive Officer of Argenta, and Vinay Mistry, Chief Commercial Operations Officer of Apollo, to its Board. The LMA is governed by a Board that sets the over...

Posted: Jan 21, 2026

AXA DCP to utilise ICEYE’s SAR data to track extreme weather events

AXA Digital Commercial Platform (AXA DCP), an AI-powered risk management system, has struck a deal with ICEYE, the manufacturer and operator of the world’s largest synthetic aperture radar (SAR) microsatellite constellation, enabling it to track f...

Posted: Jan 21, 2026

Zurich reportedly planning Lloyd’s syndicate in case Beazley deal fails

Mario Greco, Chief Executive Officer (CEO) of global insurer Zurich, has told the Financial Times (FT) that the company is preparing to launch a syndicate at the specialist Lloyd’s insurance and reinsurance marketplace, as the carrier awaits...

Posted: Jan 21, 2026

Karen Nordblom to serve as COO, Europe for Howden Re International

Global reinsurance broker Howden Re has appointed Karen Nordblom as the Chief Operating Officer (COO) for Europe at Howden Re International, based in Stockholm. In her new role, Nordblom will lead the operational direction of the broker’s Eu...

Posted: Jan 21, 2026

Pen Underwriting adds Glover as Senior Development Underwriter, Northern Ireland

Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has appointed Darren Glover as Senior Development Underwriter for Northern Ireland. Glover joins Pen’s Commercial Risk Managed team, which serves brokers and clients acr...

Posted: Jan 21, 2026

2025 insured cat losses total $129bn, with US accounting for 78%, says Gallagher Re

Gallagher Re, the reinsurance broking and advisory firm, released its full-year Natural Catastrophe and Climate Report for 2025, reporting that global natural catastrophe losses during 2025 were largely manageable for the re/insurance sector, with...

Posted: Jan 21, 2026

Aon reveals new leadership team for its Commercial Risk CZ arm

Aon Central and Eastern Europe (Aon CEE) has announced three senior leadership appointments for Aon Commercial Risk CZ, including Hana Pavelkova as Chief Executive Officer and a member of the Aon CEE board. In addition, Zuzana Petrelli has been ap...

Posted: Jan 21, 2026

Infrastructure projects help fuel premium growth for US surety insurers: AM Best

Federally funded infrastructure projects continue to drive premium growth in the US surety market, with underwriting profits for the line exceeding $2 billion for a third consecutive year in 2024, according to a recent report by AM Best. The ratin...

Posted: Jan 21, 2026

Gallagher Re appoints Cimignani as Reinsurance Broker, Contract & Regulatory Specialist

Global reinsurance broker Gallagher Re has announced the appointment of Audrey Cimignani as Reinsurance Broker / Contract and Regulatory Specialist for the France–Belux region. Cimignani brings more than a decade of experience in insurance law and...

Posted: Jan 21, 2026

Insured losses from catastrophic events across Canada total $2.4bn in 2025: CatIQ

CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has announced that insured losses from catastrophic events experienced across Canada totalled CAD 2.4 billion in 2025. According to the Institute for...

Posted: Jan 21, 2026

Altea Insurance appoints Chloe Archer as Medmal Underwriter

Altea Insurance (Altea), the multi-class, multi-year Managing General Agent (MGA) specialising in the healthcare and medical sectors, has announced the appointment of Chloe Archer as an underwriter. In her new role, Archer will be based in London...

Posted: Jan 21, 2026

TD Cowen highlights Moody’s concern over 2027 P&C reinsurance outlook if recent trends continue

Moody’s flagged concerns about the P&C reinsurance outlook for 2027 if recent trends of rate declines and incremental softening in terms and conditions continue into that year, TD Cowen reported following a recent call with the rating agency....

Posted: Jan 20, 2026

Everest appoints new leader and COO for its Fac & Hybrid Reinsurance business

Bermuda-based Everest Group has strengthened its Global Wholesale & Specialty platform with new roles for Michael Cellura and Trevor Gallagher within its Facultative & Hybrid Reinsurance business. Cellura, who joined the re/insurer in 2022...

Posted: Jan 20, 2026

Zurich Resilience Solutions launches specialised Data Center Risk Advisory practice

Zurich Resilience Solutions (ZRS), part of Zurich Insurance, has announced the formation of a specialised Data Center Risk Advisory practice, featuring more than 100 engineers focused on risk prevention and mitigation throughout the entire life cy...

Posted: Jan 20, 2026

2025 marked cyclical peak for US P&C underwriting profitability: Swiss Re

US property & casualty (P&C) premium growth and profitability are moderating as the market enters 2026, following an exceptionally strong 2025 that marked a “cyclical peak” for underwriting performance, according to a new repor...

Posted: Jan 20, 2026

Helios expects overall capacity for Lloyd’s syndicate portfolio of £467m for 2026 YOA

Helios Underwriting, a provider of limited liability direct investment into the specialist Lloyd’s insurance and reinsurance marketplace, expects 2026 managed capacity for its Lloyd’s syndicate portfolio of £467 million for the 2026 Ye...

Posted: Jan 20, 2026

AXIS Capital report shows executive divides on AI risk and cyber preparedness

AXIS Capital Holdings Limited, a specialty re/insurer, has published new research examining how artificial intelligence (AI) is reshaping the risk environment, based on perspectives from Chief Executive Officers and Chief Information Security Offi...

Posted: Jan 20, 2026

HDI Global appoints Chubb’s Fraser Galbraith as Senior Underwriter, Engineering

HDI Global SE, an international insurer specialising in commercial and industrial clients, has announced the appointment of Fraser Galbraith as Senior Underwriter, Engineering, based in Dubai. Galbraith brings more than 12 years of engineering exp...

Posted: Jan 20, 2026

Aon finds severe convective storms now dominate global insured losses

Aon, a professional services firm, has published its latest Climate and Catastrophe Insight report, setting out how severe convective storms have become the most expensive insured hazard of the 21st century, overtaking tropical cyclones. Drawing o...

Posted: Jan 20, 2026

Carefully optimistic Allianz prepares for economic uncertainty with strategic de-risking

In the face of intensifying geopolitical developments and their economic implications, Allianz Group CEO Oliver Bäte said the firm has been “carefully and thoughtfully” optimising its diversification, an approach that, he added, has long been cent...

Posted: Jan 20, 2026