Reinsurance News
Christian Hoffman named Aon’s global CEO of Commercial Risk
26th May 2026
Global re/insurance broker and risk advisor Aon has announced the appointment of Christian Hoffman as global CEO of Commercial Risk, effective June 1. Hoffman will leverage his 25 years of experience in the insurance and financial services industries as both a broker and underwriter to lead Aon’s global Commercial Risk business. He ... Read the full article
More than half of planned US data centres at high risk of severe convective storms: MS Amlin
26th May 2026
According to recent analysis from specialty Lloyd’s insurer MS Amlin, just over half (51%) of planned US data centre projects worth $670 billion are located in states at high risk of severe convective storms (SCS). MS Amlin’s analysis examined more than 670 data centre projects under construction or in planning across ... Read the full article
Plenty of capital in the Australian reinsurance market, aggregate appetite returns: Grant Hollyman
26th May 2026
Grant Hollyman, CEO for Australia and New Zealand at reinsurance broker Gallagher Re, highlighted a shift in Australia’s property reinsurance market, with reinsurers showing increased appetite for aggregate covers despite them remaining difficult to purchase. In an interview with Reinsurance News, Hollyman discussed the current state of the Australian property reinsurance ... Read the full article
Property cat pricing trending down mid-teens at mid-year renewals: BMO Capital Markets
26th May 2026
Property catastrophe reinsurance pricing is trending down mid-teens for the mid-year 2026 renewals, meeting or beating market expectations, according to BMO Capital Markets, who also expect prices to stay under pressure absent a significant $100 billion or more of reinsurance losses. Unlike previous soft market cycles, analysts at BMO note that ... Read the full article
KatRisk to join Verisk Model Exchange to broaden catastrophe risk modelling access
26th May 2026
Verisk, a strategic data analytics and technology partner to the global insurance industry, has announced that KatRisk has agreed to join the Verisk Model Exchange as Verisk continues to develop its open catastrophe risk modelling ecosystem. Verisk said the move is aimed at increasing access to third-party catastrophe risk insights for ... Read the full article
Frontline gets new Florida reciprocal insurer FIRE rated by KBRA
26th May 2026
Credit rating agency KBRA has assigned a BBB+ Insurance Financial Strength Rating (IFSR) to Frontline Insurance Reciprocal Exchange (FIRE), a newly formed Florida-domiciled reciprocal insurer. The Outlook for the rating is Stable. FIRE was established to write admitted Florida residential property business, focusing primarily on homeowners and fire/dwelling coverage. According to ... Read the full article
Generali unveils Redion brand for global Care platform
26th May 2026
Global insurer Generali has revealed Redion, the new brand for its global Care platform, bringing together the activities of Europ Assistance and Generali Employee Benefits (GEB) under a single identity and offering. Antoine Parisi, current CEO of Generali CARE Hub, will lead Redion as Group CEO. Redion has €5.8 billion in annual ... Read the full article
Mark Trumper succeeds Jonathan Jackson as Previsico CEO
26th May 2026
Previsico, the live flood forecasting insurtech, has announced the appointment of Mark Trumper as its new Chief Executive Officer (CEO). In this role, Trumper will be responsible for leading the company’s strategy, overseeing operational delivery, and scaling the business across the UK, while accelerating expansion into the US and other international ... Read the full article
CyberCube and UIB identify Asia as a major growth market for cyber insurance
26th May 2026
CyberCube, a provider of cyber risk analytics for the insurance industry, and United Insurance Brokers (UIB), the international Lloyd’s insurance and reinsurance broker, have released joint research examining the expansion of the cyber insurance market across Asia. In the report, Unlocking Asia’s Cyber Insurance Opportunity: The Broker’s Role in Growth, CyberCube ... Read the full article
Swiss Re announces new Market Heads
26th May 2026
Global reinsurer Swiss Re has appointed Rafael Schneider as Market Head Mediterranean & Middle East, effective July 1st, 2026, and expanded the role of Thomas Rauber to include Switzerland and the Netherlands, while Mira Kiridzic-Bügler's role will include the Nordics & CIS, effective August 1st, 2026. These appointments follow Anna ... Read the full article
Middle East conflict creates limited Q1’26 pressure for global specialty P&C insurers: Morningstar DBRS
26th May 2026
Morningstar DBRS, a global credit ratings, risk analysis, and financial research agency focused on banks, insurers, and financial institutions, says the financial impact of the ongoing Middle East conflict on global property and casualty (P&C) insurers remained limited during the first quarter of 2026, despite continuing disruption across the region ... Read the full article
Dale Underwriting Partners appoints Richard Bonnett as Class Underwriter
26th May 2026
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Richard Bonnett as Class Underwriter, bolstering its North America Casualty reinsurance offering. Based in London, Bonnett will report to Peter Cordell, Head of North America Casualty. Dale explained that this appointment reflects its continued investment in ... Read the full article
Jencap Group names Kevin Hahn, Jr. EVP, National Casualty
26th May 2026
Jencap Group LLC, a US wholesale insurance brokerage group, has announced the promotion of Kevin Hahn, Jr. to the position of Executive Vice President (EVP), National Casualty. Hahn will support the company’s leadership team in managing national carrier and broker relationships, while also overseeing its New York City casualty brokerage operations. The ... Read the full article
Insurers better prepared to deal with disease outbreaks since COVID: AM Best
26th May 2026
Credit ratings agency AM Best finds that insurance companies are well-prepared to handle any direct impact from the recent outbreaks of the Ebola virus and Andes hantavirus, thanks in part to the “lessons learned” from the COVID-19 pandemic in coverage gaps and systemic vulnerabilities. The latest outbreaks are putting a renewed ... Read the full article
American Global Insurance secures quota share agreement with Lloyd’s syndicates
26th May 2026
American Global Insurance, part of the American Global Insurance and Reinsurance Group (American Global Group), has secured a major quota share reinsurance partnership with two corporately owned Lloyd’s syndicates to back its healthcare indemnity insurance portfolio. Effective January 1, 2026, the participating Lloyd’s syndicates assumed 50% of premiums and losses for ... Read the full article
Pacific Life Re welcomes JFSA’s proposed guideline amendments
26th May 2026
Pacific Life Re, the reinsurance arm of Pacific Life, has welcomed the Japan Financial Services Agency’s (JFSA) proposed guideline amendments to the Comprehensive Guidelines for Supervision of Insurance Companies as they promote the sound development of asset intensive reinsurance (AIR). “While the final form of the guidelines has yet to be ... Read the full article
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