Reinsurance News

Howden to acquire representations and warranties insurance broker Atlantic Group

Insurance and reinsurance broking group Howden has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker headquartered in New York, US. Since its establishment in 2017, Atlantic Group has rapidly expande...

Posted: Jan 05, 2026

Corebridge closes Individual Retirement variable annuity deal with Venerable

Corebridge Financial, Inc., an American multinational financial services company, has successfully closed the final portions of the variable annuity reinsurance deal with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Ven...

Posted: Jan 05, 2026

Paolo Mantero named Zurich’s Group Head of Reinsurance

Global multi-line insurer, Zurich Insurance,, has appointed Paolo Mantero as its new Group Head of Reinsurance, who is transitioning to the role from his most recent position as Chief Strategy Officer (CSO). Mantero, who brings a wealth of strateg...

Posted: Jan 05, 2026

Global reinsurer capital up 6% to $760bn in 9M’25 with average ROE of 16%: Aon

Global reinsurer capital increased by more than 6% from the end of 2024 to $760 billion as at September 30th, 2025, with growth in both traditional and alternative capital, driven by retained earnings, unrealised gains, and new inflows to sidecars...

Posted: Jan 05, 2026

2026 to mark a decisive shift toward operationalised AI: Xceedance

In 2026, insurers will move from experimenting with AI to scaling it with human oversight, stronger governance, and decisions driven by real-time data for underwriting, Travis MacMillian, president of the Americas at Xceedance, has suggested. Xcee...

Posted: Jan 05, 2026

Cyber market benefited from more-than-adequate capacity at 1.1: Gallagher Re

The cyber market benefited from more-than-adequate capacity at the January 1st, 2026, reinsurance renewals, with levels far exceeding those available a few years ago, according to reinsurance broker Gallagher Re’s 1st View renewal report. Ia...

Posted: Jan 05, 2026

Sompo appoints Christian Silies as President of Europe Reinsurance

Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Christian Silies as President of Europe Reinsurance. Silies brings more than two decades of industry experience, with expertise spanning special...

Posted: Jan 05, 2026

Ryan Spettigue joins AIG as Head of Client and Broker Engagement, Australia

Ryan Spettigue has joined AIG as the firm’s new Head of Client and Broker Engagement, Australia. Spettigue joins AIG from Chubb, where he served in a number of senior underwriting roles. He joined Chubb in 2014 as a casualty underwriter befo...

Posted: Jan 05, 2026

The Baldwin Group and CAC complete merger worth $1.03bn

The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have completed the previously announced merger, with a total up...

Posted: Jan 05, 2026

APAC reinsurance capacity surges as supply outpaces demand at Jan 1 renewals: Guy Carpenter

Guy Carpenter experts from the Asia Pacific region have shared their insights on the reinsurance renewals for January 1, 2026, highlighting the region’s favourable results for the year with lower than average cat losses. Tony Gallagher, CEO Asia P...

Posted: Jan 05, 2026

Travelers completes sale of Canadian personal & majority of commercial arm to Definity

The Travelers Companies, Inc., a provider of property and casualty insurance, has completed the sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation for...

Posted: Jan 05, 2026

Munich Re’s ERGO acquires non-life insurer ADB Gjensidige in the Baltics

Global reinsurer Munich Re’s primary insurance arm, ERGO Group, has completed the previously announced acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurer Gjensidige Forsikring ASA, including its branches...

Posted: Jan 02, 2026

ASR renews Baobab Consortium with increased capacity of up to $26m per risk

Africa Specialty Risks (ASR), a re/insurance group specialising in Africa and the Middle East, has announced the renewal of Baobab, the first Lloyd’s Consortium focused exclusively on Africa, with an increase in capacity of up to USD 26 million pe...

Posted: Jan 02, 2026

Skyward Specialty completes acquisition of Apollo for $555m

Skyward Specialty Insurance Group, Inc., a property and casualty (P&C) specialist insurer, has completed its acquisition of Lloyd’s specialist Apollo Group Holdings Limited at the previously agreed terms. Launched in 2009, Apollo is a US-focus...

Posted: Jan 02, 2026

Aon President and CEO Greg Case’s employment agreement extended

The Board of Directors of global insurance and reinsurance broking group, Aon, has approved an extension of President and Chief Executive officer (CEO), Greg Case’s employment agreement through December 31st, 2030. Case has been with the bro...

Posted: Jan 02, 2026

US casualty reinsurers prioritise portfolio diversification and long-term relationships at 1.1: Guy...

In a notable reversal of recent market trends, the January 1, 2026, reinsurance renewal cycle saw difficult casualty placements being traded for property positions – the exact opposite of the trade seen just three years ago, according to a r...

Posted: Jan 02, 2026

Great American’s Environmental Division collaborates with División Daños México

Great American Insurance Group’s Environmental Division has announced its collaboration with its División Daños México. This partnership marks a significant expansion of the Group’s specialised environmental capabilities, bringing dedicated pollut...

Posted: Jan 02, 2026

WISE restructures reinsurance and specialty team

WISE Insurance Services Co., Ltd., a Korean insurance and reinsurance advisory and brokerage firm, has implemented a restructuring of its Reinsurance Team, effective January 1st, 2026. As part of this restructure, the Reinsurance Team has been ren...

Posted: Jan 02, 2026

2026 expected to be another healthy environment for reinsurers: Mowery, Gallagher Re

In an interview with Reinsurance News, Lara Mowery, Chief Commercial Officer at reinsurance broker Gallagher Re, said that while profitability may moderate, she sees no reason to expect 2026 to be anything other than a healthy environment for writ...

Posted: Jan 02, 2026

Avishek Rath joins Aon’s Facultative Reinsurance Solutions team in India

Avishek Rath has been appointed as Head of Growth for global broker Aon’s Facultative Reinsurance Solutions in India. Leveraging the firm’s global network and advanced data analytics, Rath is committed to provide bespoke risk transfer solutions fo...

Posted: Jan 02, 2026

2026 renewal sees sharpest decline in risk-adjusted global property rates since 2014: Howden

Howden’s January 1 2026 reinsurance renewal report has revealed that risk-adjusted global property-catastrophe reinsurance rates-on-line decreased by an average of 14.7%, accelerating from an 8% fall in 2025 and marking the largest year-on-y...

Posted: Jan 02, 2026

Property cat rates down 10-20% at 1.1 with buyers focused on “down pricing”, says Gallagher Re

Risk-adjusted property catastrophe pricing reduced by 10% to 20% on average at the January 1st, 2026, reinsurance renewals, with many buyers focused on “down pricing” rather than “up risking”, according to reinsurance broke...

Posted: Jan 02, 2026

XS Global appoints Phillip Brain as Regional A&H Underwriting Manager

XS Global, an independently owned managing general underwriting (MGU) platform, has announced the appointment of Phillip Brain as Regional Accident & Health (A&H) Underwriting Manager. Brain brings more than two decades of global experienc...

Posted: Jan 02, 2026

AM Best maintains stable outlook on NZ’s non-life insurance sector

Credit ratings agency AM Best is maintaining a stable outlook on New Zealand’s non-life insurance sector, citing stronger economic conditions, rising insurance demand, enhanced reinsurance capacity, and ongoing regulatory improvements. These facto...

Posted: Jan 02, 2026

Willis Re expects further easing of conditions, greater competition & continued new supply in 2026

Willis Re, a specialised reinsurance broker, forecasts that in 2026 there will be continued new supply, alongside easing of conditions and greater competition between reinsurers for cessions. The broker notes that almost all segments showed a soft...

Posted: Dec 31, 2025