Reinsurance News

Lloyd’s Market Association appoints Bellamy as Underwriting Director

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has appointed Matthew Bellamy as Underwriting Director, who will join the body in late 2026. In his new role, Bellamy will report to...

Posted: Jan 08, 2026

American Coastal renews AOP catastrophe cover, lifts per-occurrence limit to $95.6m

Florida-based American Coastal Insurance Corporation (ACIC) has renewed its all other perils catastrophe excess of loss agreement (AOP CAT agreement) for 2026, providing up to $95.6 million of occurrence limit excess of the $10 million attachment...

Posted: Jan 08, 2026

Price Forbes appoints Dick Heath as Head of Reinsurance & Wholesale, Singapore

Global specialty broker Price Forbes has announced the appointment of Dick Heath as Head of Reinsurance and Wholesale, Singapore, effective immediately. In his new role, Heath will be responsible for leading and developing Price Forbes’ reinsuranc...

Posted: Jan 08, 2026

CFC launches extension to its flagship cyber cover for SMEs

CFC, an insurance provider with a focus on carbon-related risks, has launched a new extension to its flagship Cyber Proactive Response cover for small and medium enterprises (SMEs). This extension was developed to provide essential protection for...

Posted: Jan 08, 2026

Simon Hunt to serve as HDI’s interim CEO, Ger Twomey named interim CFO

HDI Global has appointed Simon Hunt, its current Chief Financial Officer (CFO) for HDI Global UK & Ireland, as interim Chief Executive Officer, while Ger Twomey will serve as interim CFO. The two appointments are effective February 1st, 2026 a...

Posted: Jan 08, 2026

PERILS puts Queensland & New South Wales November SCS industry loss at AUD2.663bn

The Queensland and New South Wales severe convective storm (SCS) outbreak between 21st and 27th November 2025 is estimated to have caused an insurance industry loss of AUD 2.663 billion, according to PERILS, the Zurich-based catastrophe insurance...

Posted: Jan 08, 2026

Verisk names Tim Rayner as CEO of General Insurance for UK&I and SBS

Verisk, a global data analytics and technology provider to the insurance industry, has announced the expansion of Tim Rayner’s responsibilities to include leadership of its underwriting and claims businesses in the United Kingdom and Ireland, as w...

Posted: Jan 08, 2026

Paolo Ghirri promoted to CEO of Munich Re Italia

Munich Re has appointed Paolo Ghirri as Chief Executive Officer of Munich Re Italia, effective 1 January 2026. Ghirri, who has been with Munich Re Italia for over 35 years, has built a career marked by continuous growth and positions of increasing...

Posted: Jan 08, 2026

Brit to begin writing Property D&F in Bermuda

Specialist insurer Brit Group Holdings Limited is set to write Property D&F business in Bermuda through Brit Re, its reinsurance arm, led by Tom Ayton, Vice President, Property D&F. From January, Brit Re will write US and Global Property D...

Posted: Jan 08, 2026

Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings

Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the firm’s treaty reinsurance offerings in the US market. To serve in his new r...

Posted: Jan 08, 2026

Brett Gillmon appointed U.S. Property Practice Leader for Lockton

Private insurance broker Lockton has announced the appointment of Brett Gillmon as U.S. Property Practice Leader, an Atlanta-based role. Gillmon will leverage his three decades of industry experience to oversee the strategic direction and continue...

Posted: Jan 08, 2026

Jackson and TPG form long-term strategic partnership, capitalising Hickory Re

Jackson Financial Inc., a U.S. retirement services firm, has entered a long-term strategic partnership with TPG Inc., a global alternative asset manager, with TPG’s investment to be used for the initial capitalisation of Jackson’s new Michigan-bas...

Posted: Jan 08, 2026

Carbon names Rebecca Ince as Chief Operating Officer

Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Rebecca Ince as its new Chief Operating Officer (COO), effective January 5th, 2026. In her new role, Ince will oversee...

Posted: Jan 08, 2026

InnSure launches climate innovations incubator platform, Creation Labs

Non-profit climate change-related insurance risk financing company InnSure has launched Creation Labs, its flagship climate innovations incubator platform created in partnership with GreenieRE. InnSure explained that Creation Labs is a launch and...

Posted: Jan 07, 2026

Chubb welcomes Jimaan Sané as Head of Growth, Global Cyber

Large US insurer Chubb has announced the appointment of Jimaan Sané as Head of Growth, Global Cyber, effective immediately. In his new role, Sané will be responsible for overseeing the performance and expansion of Chubb’s global cyber growth strat...

Posted: Jan 07, 2026

Ark cuts Outrigger Re size as traditional quota share use rises for 2026

White Mountains Insurance Group’s specialty P&C re/insurance subsidiary, Ark Insurance Holdings Limited, has renewed Outrigger Re Ltd at a smaller size for business incepting during calendar year 2026, reflecting increased use of traditional q...

Posted: Jan 07, 2026

Swiss Re’s Paloma Quiroga Arias joins RenRe as SVP, Client Data & Analytics

RenaissanceRe (RenRe), a global property and casualty reinsurer, has appointed Paloma Quiroga Arias as Senior Vice President (SVP), Client Data & Analytics. Arias brings extensive experience in reinsurance, corporate strategy, research, data a...

Posted: Jan 07, 2026

Competition to challenge property reinsurers’ hard market insulation: USI

The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, according to USI Insurance Services’ 2026 Commercial Property & Casualty Market Outlook Report. As the market shifts, the curr...

Posted: Jan 07, 2026

MS Reinsurance appoints Lutz Honstetter as Chief Investment Officer

MS Reinsurance (MS Re), a Switzerland-domiciled global reinsurer, has announced the appointment of Lutz Honstetter as Chief Investment Officer (CIO). In his new role, Honstetter will be responsible for shaping the company’s long-term investment st...

Posted: Jan 07, 2026

Record $7bn+ Q4 catastrophe bond issuance takes market to new heights: Artemis

The catastrophe bond and related insurance-linked securities (ILS) marketplace broke numerous records in 2025, as a huge 122 transactions brought a record $25.6 billion of new issuance to market, supported by 15 new market entrants, according to t...

Posted: Jan 07, 2026

Octave Ventures’ Statera receives approval to act as a Lloyd’s Managing Agent

Statera Managing Agency Limited, a subsidiary of Octave Ventures, has received regulatory approval to act as a Lloyd’s Managing Agent. Statera will now manage Syndicates 4242 and 1416, which currently underwrite specialty risks produced through th...

Posted: Jan 07, 2026

Howden observes improved supply/demand dynamics at casualty reinsurance renewals

Howden has revealed that the January 1 casualty reinsurance renewals benefited from improved supply and demand dynamics, with performance-driven US outcomes amid ongoing long-tail and reserving pressures, while international placements were genera...

Posted: Jan 07, 2026

Scott Cobon joins Gallagher Re as Head of Strategic Solutions, Bermuda

Reinsurance broking and advisory firm Gallagher Re has appointed Scott Cobon as Head of Strategic Solutions in Bermuda. Cobon joins from Artex, Gallagher’s specialist in alternative risk management, captives, and insurance-linked securities, where...

Posted: Jan 07, 2026

Weak renewals unlikely to impact income guidance of European reinsurers: JP Morgan

While acknowledging that double-digit declines in property catastrophe pricing are a steep adjustment to digest, JP Morgan said it does not expect the weak renewals to affect top European reinsurers’ net income guidance, noting that market partici...

Posted: Jan 07, 2026

Carrick Group appoints Smith and Mills to key roles in London and Bermuda

Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointments of Alex Smith as Senior Vice President, Operations, in London, and Aidan Mills as Vice President of M&A, in Bermuda. Smith brings more...

Posted: Jan 07, 2026