Reinsurance News

Stronger El Niño effects could pressure Brazil’s insurance results: Fitch

28th August 2026

Fitch Ratings, a global credit ratings agency providing assessments and analysis across financial markets, expects intensifying El Niño conditions to create additional challenges for Brazil’s insurance industry. The agency said more frequent and severe weather events could result in higher claims and weaker technical performance, particularly among insurers with significant exposure ... Read the full article

Aon estimates hundreds of millions in losses from wave of European severe storms

28th August 2026

Severe convective storm systems swept across Europe in recent days, unleashing damaging winds, large hail and torrential rainfall that caused localised flash flooding. The storms are expected to result in aggregate economic and insured losses of hundreds of millions of euros, according to Aon. The severe weather affected parts of Western, ... Read the full article

Transition to SaaS key to modernise reinsurance core systems: Sapiens

27th August 2026

The reinsurance market has long relied on legacy spreadsheets and manual administration, often lagging behind broader digital transformation. Today, though, the merging of cloud-native Software as a Service (SaaS) and artificial intelligence (AI) is driving an essential modernisation across the sector, according to Sapiens. Sapiens, a global provider of software solutions ... Read the full article

China Re P&C H1’26 net income falls slightly, Chaucer and overseas P&C premium income up 3%

28th August 2026

China Reinsurance (Group) Corporation (China Re) has released its unaudited results for the first half of 2026, reporting net income of RMB 2,313 million from its property and casualty subsidiary, reflecting a slight 1.1% decrease from RMB 2,338 million in the same period last year. China Property and Casualty Reinsurance Company ... Read the full article

SCOR Business Solutions announces Energy team appointments

28th August 2026

SCOR Business Solutions, the large corporate risk insurance arm of global reinsurer SCOR, has announced a number of appointments across its Energy team. Pierre-Louis Migairou has been appointed Global Line Head, Energy. He has been at SCOR since 2012 and has built extensive international experience across the Energy sector, most recently ... Read the full article

Aon says ILS has become a source of ‘foundational reinsurance capital’ as growth continues

28th August 2026

The insurance-linked securities (ILS) market grew to $144.5 billion as of the end of June 2026, which re/insurance broking group Aon says represents an annual growth rate of 8.4% over the past five years, ensuring ILS has become a source of "foundational reinsurance capital." Aon Securities' 20th and latest ILS market ... Read the full article

Active Re joins the Barbados insurance trade organisation

28th August 2026

Barbados-based reinsurer Active Capital Reinsurance, Ltd. (Active Re) has joined BIBA, the private-sector trade organisation representing over 130 firms engaged in global business in Barbados, as a member, reinforcing its commitment to participate in industry dialogue on regulation, market development, and the international business environment. Active Re emphasises that the move ... Read the full article

Hippo expands homeowners coverage to 22 states

28th August 2026

Hippo, a technology-native insurance group, has expanded its homeowners insurance programme to a further 14 states through national distribution partners, meaning the programme will service 22 states starting in the fourth quarter, a steep hike from the previous eight. The Hippo Homeowners Insurance Program will expand to homeowners beyond the newly ... Read the full article

Tokio Marine HCC International to acquire UK MGA Direct Commercial

28th August 2026

Tokio Marine HCC International (TMHCCI), a member of Tokio Marine HCC (TMHCC), has entered into a definitive agreement to acquire Direct Commercial Limited (DCL), a specialist UK commercial motor managing general agent (MGA), and its sister company, Direct Commercial Premium Finance Limited. DCL is headquartered in Chelmsford, Essex, and is one ... Read the full article

CNA promotes Claire Louko to SVP, North America Reinsurance

28th August 2026

CNA Insurance, a U.S. commercial property and casualty insurance company, has promoted Claire Louko to Senior Vice President, North America Reinsurance. Based in Chicago, Illinois, Louko will be responsible for the teams managing reinsurance services, claims, operations, contracts and the firm’s corporate insurance programmes, in addition to her current responsibilities for ... Read the full article

Despite decelerating growth, fronting insurance outpaces broader market with 17% rise in 2025: Conning

28th August 2026

The US fronting insurance sector continued to outpace the broader commercial insurance market in 2025, growing 17% to exceed $22 billion in gross written premiums, according to Conning’s 2026 Fronting Sector Confronts a Softening Market report. While growth slowed from 26% in 2024, the sector still substantially surpassed the total commercial ... Read the full article

Swiss Re appoints Sanghita Nandy and Francesco Atzeni to leadership roles

28th August 2026

Global reinsurer Swiss Re has appointed Sanghita Nandy and Francesco Atzeni to its Global Property and P&C Re Underwriting Strategy leadership team. Nandy has been named Head of P&C Treaty UW Advisory. She has spent the past 11 years at Swiss Re and has worked across multiple areas, including natural catastrophe ... Read the full article

Aon to launch $5.5bn Totalis Specialty Group

28th August 2026

Global professional services firm Aon has announced the launch of Totalis Specialty Group, a unified specialty insurance group that brings together NFP Totalis Program Underwriters and Aon Affinity’s U.S. programs business under a single go-to-market strategy and identity. Totalis Specialty Group reportedly combines specialty underwriting, program administration, distribution, technology and data ... Read the full article

Verisk promotes Harry White to Head of Property Claim Services

28th August 2026

Verisk, a data analytics and technology provider to the global re/insurance industry, has promoted Harry White to Head of Property Claim Services (PCS). PCS is a Verisk business providing independent industry loss estimates for catastrophe and non-catastrophe events worldwide to the global insurance, reinsurance, and insurance-linked securities markets. In his new role, ... Read the full article

Vivace Insurance Partners names Cordell Fenig to lead Americas business

28th August 2026

Vivace Insurance Partners, an independent managing general agent (MGA) and part of the +8 Partners insurance business ecosystem, has appointed Cordell Fenig as Chief Executive Officer of its Americas operation. Fenig has moved into the leadership position after more than two years with Vivace, having joined the business as a senior ... Read the full article

FutureProof appoints Jonathan Mertz as Chief Business Officer

28th August 2026

FutureProof Technologies, an AI-native property insurance MGA and Agency, has announced the appointment of Jonathan Mertz as Chief Business Officer. In his new role, Mertz will lead FutureProof’s business development, strategic partnerships and go-to-market efforts as the company scales towards building its AI-native full-stack property insurance carrier. He brings more than two ... Read the full article