Reinsurance News
Howden expands cyber capabilities with launch of US practice
22nd January 2026
Howden, the insurance intermediary group offering broking, reinsurance and underwriting services, has announced the formation of a dedicated US Cyber practice, highlighting continued investment in specialist talent to support corporate clients. The new practice is built around a senior leadership team comprising Juliet White, Head of Cyber; Lou Botticell, Cyber Brokerage ... Read the full article
Beazley rejects latest Zurich proposal on the basis it ‘materially undervalues’ the firm
22nd January 2026
Specialist insurer Beazley has confirmed that its Board of Directors has unanimously rejected Zurich's cash proposal of 1,280 pence per share, stating that it "materially undervalues Beazley and its longer-term prospects as an independent company." The decision from Beazley comes after a detailed evaluation of the January 19th proposal by ... Read the full article
Moonrock partners with mea Platform to scale AI-first operations
22nd January 2026
mea Platform, a company specialising in AI solutions for the re/insurance industry, has partnered with Moonrock Insurance, a specialist Managing General Agent focused on drone and emerging aviation risks, to implement mea Operations as an AI-first operating platform across its business. Built as a digital-first MGA, Moonrock is taking an AI-led ... Read the full article
Converge appoints Howie Altman as Chief Technology Officer
22nd January 2026
Converge, a company specialising in cyber risk management and underwriting, has announced the appointment of Howie Altman as Chief Technology Officer. Altman joins Converge to build on its AI and data capabilities, accelerate the company’s technology roadmap, and scale its proprietary platform to support profitability. In his new role, he will further ... Read the full article
MS Amlin’s former Head of Natural Resources joins The Hartford
22nd January 2026
US-based insurer The Hartford has announced the appointment of MS Amlin’s former Head of Natural Resources, Julian Samuel, as Head of International Marine, Energy & Industrial Risk within Global Specialty. Samuel joins The Hartford with over three decades of industry experience. Prior to his new position, the executive served as Non ... Read the full article
SageSure and GeoVera Nova close $200mn cat bond, Meritage Re’s first issuance
22nd January 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and GeoVera Nova, a provider of earthquake, wind, and residential and commercial property insurance, have announced the closing of the inaugural Meritage Re Ltd. Series 2026-1 catastrophe bond at $200 million. This is the first issuance of ... Read the full article
MNK International appoints CEO to lead new offer to South African market
22nd January 2026
MNK International, an independent Lloyd’s of London broker, has announced the appointment of Jamie Illing as Chief Executive Officer of MNK International South Africa. He will leverage his more than three decades of local and international insurance and reinsurance experience to lead a new offer to the South African and broader ... Read the full article
Lemonade partners with Tesla to launch autonomous car insurance
21st January 2026
Lemonade, an AI-powered digital insurance company, has launched Lemonade Autonomous Car insurance, a product designed specifically for self-driving cars, starting with Tesla FSD. The new offering, described as first-of-its-kind, cuts per-mile rates for FSD-engaged driving by approximately 50%, a reduction that indicates significantly lower risk during autonomous operation. Lemonade anticipates further rate ... Read the full article
LMG announces changes to its board
21st January 2026
The London Market Group (LMG) has announced several changes to its board, including the appointment of Chris Lay, CEO of Marsh UK, as its new Chair, succeeding Sean McGovern. Theo Butt, CEO, UK at Convex, also joins the board in place of Claire Macdonald, CEO of SCOR. This follows Read the full article
Travelers ‘meaningfully’ improved reinsurance coverage & renewed Fidelis QS at 1.1: CFO Frey
21st January 2026
Large US insurer Travelers was able to "meaningfully improve" its reinsurance coverage at the key January 1st, 2026, renewals, thanks in part to more favourable pricing, while the company also renewed its 20% quota share (QS) with Fidelis, Chief Financial Officer (CFO), Dan Frey, said recently. Earlier today, Travelers reported ... Read the full article
Rychling joins AXA XL as Head of Broker Relations, Large Commercial & Mid-Market, Americas
21st January 2026
AXA XL, the property and casualty division of global insurer AXA Group, has appointed Liz Rychling as Head of Broker Relations, Large Commercial and Mid-Market, for its Americas region. She will be based in New York, and report to Matt O'Malley, Chief Client and Distribution Officer for AXA XL in the ... Read the full article
AI integration expands insurance toolbox for tropical cyclone forecasting: Gallagher Re
21st January 2026
The 2025 hurricane season has marked the beginning of a “new era” of meteorology as official agencies now use artificial intelligence (AI) models to pinpoint storm formation, track and intensity, providing the insurance industry with more comprehensive and accurate near-term weather forecasts, according to Gallagher Re. While experts caution that one ... Read the full article
Aon names Neelay Patel as CEO of Malaysia
21st January 2026
Global professional services firm Aon plc, has announced the appointment of Neelay Patel as Chief Executive Officer of Malaysia, taking effect in March 2026, pending completion of regulatory approvals. Patel brings more than 20 years of experience across insurance and risk management, with a significant portion of his career focused on ... Read the full article
UK insurers set 2026 priorities around AI investment and external risk controls: Dun & Bradstreet
21st January 2026
Research published by Dun & Bradstreet, a provider of business decisioning data and analytics, suggests the UK insurance sector is approaching 2026 with a strong focus on technological advancement alongside tighter management of operational risk. The company’s findings show insurers are concentrating on expanding the use of artificial intelligence (AI) while ... Read the full article
Travelers renews cat XoL reinsurance with reduced retention and new $1bn lower layer
21st January 2026
Travelers has unveiled its renewed catastrophe excess-of-loss (XoL) reinsurance program for 2026, featuring a significant reduction in retention and the addition of a new lower layer. The 2026 program attaches at a $3 billion retention level, which marks a decrease from the $4 billion threshold in 2025. This change lowers Travelers' ... Read the full article
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