Reinsurance News
Brokerslink enters Latvia
9th March 2026
Global broking business Brokerslink has expanded its international footprint by appointing Riga-based retail broker, Perks, as its affiliate in Latvia. This addition marks Brokerslink’s entry into a new country, strengthening its presence across the Baltic region. Perks, an independent insurance broker specialising in corporate and SME risks, including property, business interruption, and ... Read the full article
Mission strengthens UK and Europe team with four senior appointments
9th March 2026
Mission, a MGA incubator, has announced four senior appointments as part of efforts to strengthen its UK and European operations and support its ongoing growth strategy. The company has appointed Abz Shipon and James Gallagher as Account Directors, Courtenay Davison as Head of Technology Delivery, and Rayhanah Russell as Programme Manager. Mission ... Read the full article
SCOR will ‘cautiously try to expand’ NA nat cat portfolio if prices remain adequate: CEO Léger
6th March 2026
Global Paris-headquartered reinsurance company SCOR is eager to expand its North America (NA) natural catastrophe (nat cat) portfolio so long as pricing remains adequate, Thierry Léger, Chief Executive Officer, said on the firm’s media call earlier this week. SCOR delivered a strong performance in the fourth quarter and full year ... Read the full article
SageSure and Auros complete $175m US multi-peril cat bond issuance
6th March 2026
SageSure, a US residential property managing general underwriter operating in catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned property insurer, have confirmed the completion of the $175 million Gateway Re Ltd. Series 2026-2 catastrophe bond issuance. The transaction adds to SageSure’s activity in the insurance-linked securities (ILS) ... Read the full article
New MGA Elitium enters market with focus on manufacturing businesses & unoccupied properties
6th March 2026
New managing general agent Elitium, incubated by Mission, has launched to provide commercial combined insurance for select trades within the manufacturing sector, and property cover for well-maintained unoccupied residential and commercial properties. Elitium employs a strategy rooted in traditional, expert-led underwriting, the firm explains. This approach relies on genuine communication, expertise, ... Read the full article
BHSI names Rory O’Broin Global Head of Transactional Liability
6th March 2026
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty and specialty insurance and part of Berkshire Hathaway, has appointed Rory O’Broin as Global Head of Transactional Liability. In this position, O'Broin will oversee BHSI’s transactional liability operations worldwide. He brings significant international experience in M&A-related transactional liability, contingent risk ... Read the full article
SCOR promotes Sofia Kyriakopoulou to Group Chief Technology, Data & AI Officer
6th March 2026
Global reinsurer SCOR has promoted Sofia Kyriakopoulou to the role of Group Chief Technology, Data & Artificial Intelligence (AI) Officer, effective March 1st, 2026. In the new role, she will develop an integrated tech, data & AI strategy under the firm's next strategic plan, building on the existing strategies, foundations and ... Read the full article
Coalition report finds sharp rise in ransomware demands as most businesses refuse to pay
6th March 2026
Coalition, a cyber insurance and security company, has published the findings of its 2026 Cyber Claims Report, showing that initial ransomware demands in 2025 increased significantly, rising 47% year-on-year. Despite the sharp rise in demands from threat actors, Coalition’s data indicates that a record 86% of affected businesses refused to pay ... Read the full article
Howden adds Almond as CEO & Doria as Chair of its Global Financial Sponsors practice
6th March 2026
Global insurance and reinsurance broker Howden has appointed Emily Almond as divisional Chief Executive Officer (CEO) and Sebastiano Doria as Chair of its Global Financial Sponsors practice. This team will sit alongside Howden's existing global expertise, including its Capital, Advisory and Placement (CAP) team. The pair will be responsible for establishing ... Read the full article
Disciplined underwriting drives strong 2025 results for Oman Re
6th March 2026
Oman Re, the Sultanate’s first and only reinsurer, has reported reinsurance revenue of OMR 54.3 million ($141.2 million) for the full year 2025, marking a 9% increase from OMR 49.9 million ($129.8 million) in 2024, while net profit after tax climbed 54% to reach OMR 4.6 million ($12.1 million). Notably, in ... Read the full article
Athora raises €3.5bn to fund approved Pension Insurance Corporation acquisition
6th March 2026
Athora, a European savings and retirement services group, has secured €3.5 billion of common equity commitments from a broad base of investors, with the majority of the proceeds expected to fund the acquisition of Pension Insurance Corporation Group (PICG), alongside remaining equity commitments from Athora’s 2022 capital raise. Athora ... Read the full article
Commercial insurers best positioned to benefit from AI in P&C sector: Goldman Sachs
6th March 2026
Goldman Sachs, an investment bank and financial services company, has published an analysis exploring how artificial intelligence could influence the property and casualty (P&C) insurance sector. In the report, Goldman Sachs says it has developed what it describes as "an initial framework to assess the impact of AI across P&C insurance ... Read the full article
Liberty Mutual places $2.75bn property cat occurrence tower, raises aggregate attachment
6th March 2026
Global insurer Liberty Mutual Group renewed its property catastrophe reinsurance programme at the January 1st, 2026, renewals, securing $2.75 billion of occurrence limit excess a $1 billion retention, alongside $500 million of tail aggregate cover and $100 million of aggregate protection "closer to income-volatility protection." For 2026, the retention for the ... Read the full article
Gulf shipping tensions prompt war risk reassessment by marine insurers: IUMI
6th March 2026
War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available, although insurers are reassessing their appetite for exposure as tensions in the Middle East disrupt shipping routes and threaten supply chains, according to the International Union of Marine Insurance (IUMI). The marine insurance body said war cover ... Read the full article
Huntington Advisory strengthens German presence with Alexander Ankel hire
6th March 2026
Huntington Advisory, a global strategic advisory practice focused on financial institutions, has announced the appointment of Alexander Ankel as Senior Advisor, based in Düsseldorf. The appointment accelerates the firm’s European expansion strategy. As the German re/insurance industry navigates a complex landscape of regulatory change, low yields, digital transformation, and significant consolidation, ... Read the full article
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