Reinsurance News

Acrisure Re CEO warns against complacency despite below-average 2026 hurricane forecast

1st June 2026

Acrisure Re, the reinsurance arm of global fintech company Acrisure, forecasts slightly below-average activity for the upcoming 2026 Atlantic hurricane season, although CEO Simon Hedley stressed that the industry cannot be complacent, with preparedness and disciplined risk management remaining critical. 2025 was considered a slightly above-average Atlantic hurricane season, producing four ... Read the full article

HCI’s total aggregate XoL reinsurance increases to $4.1bn for 2026-27 treaty year

1st June 2026

Insurance holding company HCI Group, Inc. has completed its catastrophe reinsurance programs for the 2026-2027 treaty year, securing $4.06 billion in aggregate excess of loss (XoL) limit for the period, representing a 16% increase from the prior treaty year. HCI secured three reinsurance towers for the 2026-2027 treaty year, which runs ... Read the full article

26North Re to acquire Independent Insurance Group in strategic entry into US insurance market

1st June 2026

26North Reinsurance Holding Company, a reinsurance holding company, has announced it has entered into a definitive agreement to purchase the entire issued share capital of Independent Insurance Group, LLC, the parent company of Independent Life Insurance Company. Independent Life is recognised as a specialist insurer focused exclusively on structured settlement annuities ... Read the full article

American Integrity boosts cat XoL limit to $2.99bn amid softer reinsurance pricing and improved Florida conditions

1st June 2026

Tampa-based property and casualty insurance holding company American Integrity Insurance Group has fully placed its 2026–2027 indemnity-based catastrophe excess of loss reinsurance programme for its insurance subsidiary, American Integrity Insurance Company (AIIC), effective June 1, 2026. The firm described market conditions at the June 1 renewal as favourable, supported by a ... Read the full article

Verisk reveals updated Tropical Cyclone Model through new Synergy Studio platform

1st June 2026

Verisk has unveiled a major update to its Tropical Cyclone Model for the United States, delivered through its new cloud-native Synergy Studio platform, providing a more realistic assessment of individual risk and portfolio exposure across insurance, reinsurance, and capital markets. According to Verisk, the updated U.S. Tropical Cyclone model reflects a ... Read the full article

QBE appoints Andy Tsui to dual leadership role supporting Asia growth strategy

1st June 2026

International insurer and reinsurer QBE has announced the appointment of Andy Tsui to the dual role of Head of Underwriting, Corporate for Hong Kong and Macau, and Asia Head of People Risk, effective 1st June 2026. Based in Hong Kong, Tsui will report to Lei Yu, Chief Executive Officer of North ... Read the full article

DXC Technology’s Mahon urges shift to automated reinsurance platform amid geopolitical volatility

1st June 2026

In an increasingly complex geopolitical environment, James Mahon of DXC Technology, a global technology services provider, urges a shift away from manual processes and fragmented systems towards a modern, automated reinsurance platform, enabling re/insurers to maintain control, respond more quickly to change, and compete in a volatile market. In an interview ... Read the full article

Meyer to succeed Mekota as Munich Re’s Head of Single Risks Claims

1st June 2026

Global reinsurer Munich Re has announced a number of key leadership appointments within its Claims organisation, all effective June 1, 2026. Michal Mekota, current Head of Single Risks Claims, will step back from his role in the light of his retirement by end of November. During this period, he will serve as ... Read the full article

South Korea’s DB Insurance completes acquisition of Fortegra

1st June 2026

The Fortegra Group, Inc., a global specialty insurance company, has announced the completion of its acquisition by DB Insurance Co., Ltd., a non-life insurance company in South Korea. The transaction was initially announced on 26th September 2025, with DB Insurance set to acquire 100% of the outstanding shares of Fortegra ... Read the full article

Martin Zingg to succeed Chris Minter as Head of Swiss Re’s Alternative Capital Partners

1st June 2026

Swiss Re has appointed Martin Zingg, currently Group Head Corporate Developments & Strategic Investments, as Head of its Alternative Capital Partners (ACP) division, succeeding Chris Minter, who has decided to retire after nearly 13 years with the firm. According to Swiss Re, Zingg will lead ACP in addition to his current ... Read the full article

J-ICS reform key driver of steady build-up in Japan life insurers’ reinsurance usage

1st June 2026

A new AM Best report has revealed that Japan’s life insurers have increasingly relied on reinsurance in recent years, driven largely by the segment preparing for the new J-ICS solvency regime, which took effect at the end of March 2026. According to the rating agency, the overall cession rate, as a ... Read the full article

Beazley appoints Wunderlich as Head of Alternative Risk Transfer, Bermuda

1st June 2026

Beazley, a large specialist insurer, has expanded Stefan Wunderlich's responsibilities and appointed him as Head of Alternative Risk Transfer (ART) alongside his existing role of Head of Parametric. For the new role, Wunderlich will be relocating to Bermuda, subject to immigration approval. The move strengthens the insurer's commitment to Bermuda, building on ... Read the full article

Africa Re’s GWP rises 9.9% in Q1’26

1st June 2026

Nigeria domiciled African Reinsurance Corporation has reported a 9.9% increase in gross written premiums (GWP) for the first quarter of 2026 to $316.3 million, compared to $287.8 million in Q1’25. Despite this, gross and net earned premiums were down 4.8% and 3.2%, respectively. For this quarter, gross earned premiums stood at ... Read the full article

Santam Syndicate 1918 names Sam Geddes as CEO

1st June 2026

Santam Syndicate 1918, the Lloyd’s platform of Santam Group, which states that it is Africa’s largest non-life insurer, has announced the appointment of Sam Geddes as Chief Executive Officer, he will be based in London and report to Gareth Beaver, Chief Executive Officer of Santam Specialist Solutions. Santam Syndicate 1918 said ... Read the full article

Kooijman joins Liberty Specialty Markets as General Manager for the Netherlands, Belgium and the Nordics

1st June 2026

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has announced the appointment of Monique Kooijman as General Manager for the Netherlands, Belgium and the Nordics. “Kooijman’s appointment reflects our continued investment in our European presence and driving continued growth across these strategic markets, supporting our broader “Invest in Europe” strategy ... Read the full article