Reinsurance News

Jan 1 renewal points to weaker but still strong reinsurer profitability in 2026, says Fitch

8th January 2026

Record levels of reinsurance capital supply from traditional and alternative sources outpaced incremental demand from buyers at the January 1st, 2026, renewals, and as pricing "reverted broadly to 2022 levels", analysts at Fitch Ratings expect global reinsurers' profitability to decline but remain strong in 2026. Reinsurance broker reports revealed further price ... Read the full article

Health carriers continue to dominate list of world’s top insurers by 2024 NPW: AM Best

8th January 2026

US health insurance companies continued to dominate the ranking of the world’s largest insurers in terms of 2024 net premiums written (NPW), with UnitedHealth Group Inc. maintaining its top spot, reporting $308.81 billion in NPW, an increase of 6.2% year over year. Our ranking of the world’s largest ... Read the full article

Morningstar DBRS flags specialty P&C lines amid Venezuela turmoil

8th January 2026

Recent geopolitical developments in Venezuela have brought renewed focus to tail risks for the global insurance sector, particularly across specialty property and casualty (P&C) lines with exposure to marine, aviation, and trade credit in the Caribbean region, according to a new report from Morningstar DBRS. “It has been widely reported that ... Read the full article

SCOR’s Irish subsidiary becomes SCOR Global Reinsurance France SA

8th January 2026

Global reinsurer SCOR has announced the successful cross-border conversion of its Irish subsidiary, SCOR Global Reinsurance Ireland dac (SGRI), into a French entity. The company will now operate under the name SCOR Global Reinsurance France SA (SGRF), and will be supervised by the Autorité de contrôle prudentiel et de resolution (ACPR). According ... Read the full article

Hochberg to lead newly launched Guy Carpenter global Sidecar Center of Excellence

8th January 2026

Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has announced the launch of its global Sidecar Center of Excellence (COE), to be led by Ed Hochberg. The COE has been designed to provide clients with dedicated resources and holistic solutions to better manage their capital, volatility, ... Read the full article

Stephenson named CFO of ASIC UK, Patel appointed CRO

8th January 2026

AM Specialty Insurance Group has announced the appointment of Kevin Stephenson as Chief Finance Officer (CFO) and Viren Patel as Chief Risk Officer (CRO) of AM Specialty Insurance Company (UK). An FCA/ACA-qualified accountant, Stephenson brings over two decades of financial leadership experience across the Lloyd’s and broader general insurance markets, having ... Read the full article

Mosaic hires April Andruczyk to lead new Bermuda excess casualty unit

8th January 2026

Bermuda-based Mosaic Insurance has announced excess casualty as its eighth global product line, appointing April Andruczyk as Head of Bermuda, Excess Casualty to lead the new unit. The facility begins underwriting immediately, and will provide support to large corporate and multinational clients facing rising liability costs, particularly in the North American ... Read the full article

HDI’s Stephanie Ogden to lead Munich Re Syndicate Limited

8th January 2026

Munich Re Specialty - Global Markets, Syndicate (Munich Re Syndicate Limited), the managing agent of Syndicate 457, has announced the appointment of Stephanie Ogden to lead the organisation, effective 1st March 2026. Ogden will be succeeding Thomas Artmann, who has led the Syndicate ahead of his retirement. In her new role, she ... Read the full article

Cytora partners with Climatig to embed science-backed climate risk intelligence for commercial insurers

8th January 2026

Cytora, a digital risk processing platform for the insurance industry, has partnered with Climatig, a provider of an innovative solution for calculating detailed physical climate risks. This integration embeds Climatig’s advanced climate analysis directly into the Cytora platform, allowing insurers immediate access to science-backed intelligence at the point of decision making. This ... Read the full article

Polo Managing Agency launches three new Lloyd’s syndicates

8th January 2026

Polo Managing Agency (PMA), part of the PoloWorks group, has launched three new Lloyd’s syndicates: Atradius Syndicate 1864, Aurora Syndicate 1890, and OAK Enterprise Syndicate 1440 - all of which began underwriting from 1 January 2026. PMA, which serves as the turnkey managing agency for all three platforms, is delivering the ... Read the full article

Pacific Life Re names Swiss Re’s Jia Yi Tan as Global CUO and Claims Officer

8th January 2026

Life and health reinsurer Pacific Life Re has appointed Jia Yi Tan as its new Claims and Global Chief Underwriting (CUO), based in Singapore. In her new role, Tan succeeds Andrew Doran, who has been promoted as Chief Executive Officer of UnderwriteMe, the Insurtech subsidiary of Pacific Life Re. Her appointment underscores ... Read the full article

Lloyd’s Market Association appoints Bellamy as Underwriting Director

8th January 2026

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 Sheila Cameron, Chief Executive Officer, LMA, and lead the LMA’s Underwriting team. Additionally, ... Read the full article

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

8th January 2026

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 point to limit ACIC's losses from catastrophe loss events other than named windstorms and ... Read the full article

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

8th January 2026

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’ reinsurance and wholesale proposition across its Singapore platform, maximising growth opportunities and supporting the evolving needs ... Read the full article

CFC launches extension to its flagship cyber cover for SMEs

8th January 2026

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 SMEs by addressing financial losses caused by contingent business interruption (BI), such as when ... Read the full article