Reinsurance News
Macro trends drive market softening in Asia & India at April 1 renewals: Guy Carpenter
2nd April 2026
Guy Carpenter, the reinsurance broking arm of Marsh, reports that both Asia and India witnessed continued softening at the April 1, 2026, reinsurance renewals, as the ongoing conflict in the Middle East threatens to drive significant losses for various specialty lines of business. The reinsurance broker highlights significant price reductions in ... Read the full article
Aon strengthens digital infrastructure capabilities with appointments of Stephen Fox & Brian Hearst
2nd April 2026
Global insurance and reinsurance broking group Aon has bolstered its Digital Infrastructure Lifecycle Solutions Advisory with the appointment of Stephen Fox as Managing Director, while Brian Hearst takes on the role of Global Digital Infrastructure Builders Risk Leader. With the growing demand for data centres, cloud capacity, and artificial intelligence (AI) ... Read the full article
Japan remains an attractive, diversifying market for reinsurers despite further softening at April 1: Gallagher Re’s Sherriff
1st April 2026
Japan continues to be an attractive, diversifying market from a reinsurance standpoint, said George Sherriff, Chief Executive Officer, Gallagher Re Japan, noting that reinsurers are very well capitalised and entered the April 1st, 2026, renewals still seeking opportunities. In an interview with Reinsurance News around the largely Japan-focused April renewals, Sherriff ... Read the full article
US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re
2nd April 2026
US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in excess capacity, which combined with a stable performance and low non-proportional pricing, has fostered the development of tailored solutions for cyber portfolios, according to Gallagher Re’s 1st View April renewal report While primary rates ... Read the full article
Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand
2nd April 2026
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Treesuttamas as Senior Advisor, Thailand, effective 1st April 2026. Based in Bangkok, Treesuttamas will focus on strengthening the company’s capabilities to help its Thai clients make better decisions to protect and grow their businesses. He is an industry veteran ... Read the full article
Markel Insurance appoints James Shankland as Head of Ocean Cargo, US
2nd April 2026
Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Shankland as Head of Ocean Cargo, U.S. In his new role, Shankland will lead the growth of Markel's U.S. cargo portfolio, overseeing underwriting strategy, portfolio management, and broker engagement. Based in Markel’s New York office, he will work ... Read the full article
Liberty Mutual unveils new leadership structure to align global risk and capital capabilities
2nd April 2026
Tim Sweeney, President and Chief Executive Officer of Liberty Mutual Insurance, has announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses, bringing them into closer strategic alignment, effective immediately. The new structure is designed to better serve customers and partners, while positioning ... Read the full article
AXA UK & Ireland appoints Caroline Riddy as General Counsel
2nd April 2026
AXA UK & Ireland has announced the appointment of Caroline Riddy as General Counsel, effective 7th April 2026. Riddy succeeds Emily Coupland, who left the company in December after 24 years working across AXA’s various UK entities. Riddy brings more than two decades of legal and company secretariat experience within financial services. Most ... Read the full article
B.P. Marsh buys additional 2% equity stake in Pantheon
2nd April 2026
B.P. Marsh, the specialist venture capital investor in early-stage financial services businesses, has acquired an additional 2% equity stake in Pantheon, a full-service London market wholesale insurance broker, based on an equity valuation of £275 million from the company’s founders, Robert Dowman and Michael Lee. B.P. Marsh initially invested in Pantheon ... Read the full article
AM Best revises outlooks to positive for Canopius US and Canopius Re
2nd April 2026
AM Best has revised the outlooks to positive from stable for Canopius US Insurance, Inc. and Bermuda-based Canopius Reinsurance Limited. At the same time, the rating agency also affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of both entities. Both Canopius US and ... Read the full article
ARPC CUO Mike Pennell to retire after long-standing service
2nd April 2026
The Australian Reinsurance Pool Corporation (ARPC), a government-backed organisation that manages national reinsurance schemes designed to support the availability and affordability of insurance in Australia, has announced that its Chief Underwriting Officer, Michael (Mike) Pennell, will retire later this year after a lengthy and influential career in the reinsurance sector. Pennell ... Read the full article
Santam Syndicate 1918 appoints Nigel Tatlock as Head of Property
2nd April 2026
Africa’s largest non-life insurer, Santam Group, has appointed Nigel Tatlock as Head of Property at its recently established subsidiary, Santam Syndicate 1918. This appointment aligns with the syndicate's long-term growth plans as it continues to develop its offering at Lloyd’s, after being granted permission to underwrite in late 2025 and launching ... Read the full article
CatIQ lowers final Ontario & Quebec ice storm loss estimate to CAD 466m
2nd April 2026
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth and final industry loss estimate for the ice storm that affected Ontario and Quebec between 28th and 31st March 2025, decreasing losses to CAD 466 million. The event involved a prolonged period of wintry precipitation ... Read the full article
Banyan Risk secures Coverholder Status at Lloyd’s
2nd April 2026
Banyan Risk Services Ltd., a subsidiary of Bermuda-based specialty insurance managing general agent (MGA) Banyan Risk Ltd., has secured Coverholder Status at Lloyd's. Through this partnership, the company gains unparalleled access to the extensive capacity of the Lloyd’s market, via SiriusPoint's Syndicate 1945, which will be complemented by the domestic insurers ... Read the full article
Canada Life secures £40m bulk annuity deal for financial sector pension scheme
2nd April 2026
Canada Life, an insurance and financial services company, has completed a £40 million full-scheme buy-in transaction with a financial services sector pension scheme. According to the announcement, this deal secures the future benefits for more than 80 pensioners and 60 deferred members. The transaction saw Hymans Robertson act as lead broker on ... Read the full article
Accelerant names Linda S. Huber as CFO
2nd April 2026
Accelerant, a data-led risk exchange platform connecting specialty insurers with capital partners through the Accelerant Risk Exchange, has appointed Linda S. Huber as Chief Financial Officer, following a previously announced leadership transition. Linda S. Huber brings extensive experience across the financial services sector, including nearly two decades serving as chief financial ... Read the full article
Acrisure UK Broking expands footprint with four new acquisitions
2nd April 2026
Acrisure UK Broking has expanded its footprint with the acquisition of four businesses: London-based managing general agent Confidas, alongside established brokers Heathwoods Insurance & Financial Services, Marrs Insurance Brokers and Smith Greenfield Services. According to Acrisure, the firms hold decades of collective specialist expertise, long‑standing client relationships and strong reputations within ... Read the full article
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