Reinsurance News

Tributary Public Risk begins operations with specialist cover for Canada’s public sector

27th April 2026

Tributary Public Risk (TPR), a newly established insurance provider focused exclusively on public sector organisations, has formally commenced operations as the first insurer domiciled in Canada designed specifically for this market. The company was created to address the distinct risk, governance and procurement requirements of municipalities, schools, Crown agencies and other ... Read the full article

Hippo adds Stewart Ellis to its Board of Directors

27th April 2026

Home insurance group Hippo has appointed Stewart Ellis, the company's Executive Vice President and Chief Strategy Officer, to its Board of Directors, effective June 3rd, 2026. In connection with his transition to a Board role, Ellis will resign from his current position and become a consultant to the company, effective May ... Read the full article

Insurance CROs flag cybersecurity as top risk while AI and data investment surge, EY/IIF survey finds

24th April 2026

A majority of insurance chief risk officers (CROs) expect cybersecurity to require the most attention over the next 12 months, while a significant proportion also place third-party and vendor cyber risk among their top five concerns, according to findings from EY, a professional services firm. The firm reports that many CROs ... Read the full article

Active Re COO highlights MGA opportunity in Barbados

24th April 2026

Barbados is emerging as a great opportunity for the development of managing general agents (MGA), mainly due to its specialised regulatory framework and efficient business climate, according to Active Re's COO Robert Ali. Speaking at the Barbados Risk & Insurance Management Conference (BRIM), Ali noted that the island’s risk-based capital framework, ... Read the full article

Gallagher Re says April US storm outbreaks to exceed $1bn in insured losses

24th April 2026

Gallagher Re, a global reinsurance broker and risk advisory firm, reports that a series of severe convective storm (SCS) outbreaks across central and eastern parts of the United States in April 2026 is expected to result in insured losses exceeding USD 1 billion. The broker attributes the losses primarily to large ... Read the full article

The Hartford’s momentum continues in Q1’26 as net income hits $851m

24th April 2026

The Hartford has disclosed a 36% increase in net income for Q1 2026, supported by lower catastrophe losses, higher investment income and continued premium growth across its Property & Casualty operations. Net income attributable to common stockholders reached $851 million for Q1 2026, up from $625 million in the prior-year period, ... Read the full article

Agam Capital and 1823 Partners collaborate on integrated capital and ALM capabilities for insurers

24th April 2026

Agam Capital, a global provider of insurance-related asset and liability analytics, and 1823 Partners (US) LLC, an asset management firm focused on insurance-led investment strategies, have entered into a long-term strategic partnership to support insurance companies worldwide. Agam Capital and 1823 Partners state that the collaboration is designed to provide insurers ... Read the full article

Lloyd’s Market Association & Barnett Waddingham launch AI Adoption Toolkit for MGAs

24th April 2026

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, in collaboration with Barnett Waddingham, a professional services consultancy and part of Howden, has launched an AI Adoption Toolkit to support managing agents (MGAs) in developing and strengthening governance frameworks for artificial intelligence (AI) ... Read the full article

Moody’s upgrades Peak Re’s ratings on consistent operating performance and underwriting discipline

24th April 2026

Moody’s has upgraded Peak Re’s Insurance Financial Strength Rating (IFSR) to A3 from Baa1, with the Hong Kong-based reinsurer attributing the improvement to strong fundamentals underpinned by consistently solid operating performance, disciplined underwriting, and prudent risk management. The rating agency also upgraded the backed subordinated debt rating of the perpetual subordinated ... Read the full article

Universal reports 31% rise in Q1’26 net income on improved loss ratio and investment income

24th April 2026

Universal Insurance Holdings has reported Q1 2026 net income available to common stockholders of $54.3 million, up 31% year-on-year, supported by a lower net loss ratio and higher net investment income. Universal's underwriting performance also improved notably in the opening quarter of the year, with the net loss ratio falling to ... Read the full article

Hymans Robertson launches Precision service to support DB pension data readiness

24th April 2026

Hymans Robertson, a UK-based pensions and financial services consultancy, has introduced a new service aimed at helping defined benefit (DB) pension scheme trustees and sponsors better understand and manage their scheme data and member benefits. According to Hymans Robertson, the service—named Precision—has been developed to enable trustees and sponsors to evaluate ... Read the full article

UK carbon credit sector valued at £1.2bn as industry bodies urge stronger government strategy

24th April 2026

A joint report from City of London Corporation and UK Carbon Markets Forum, which together represent key parts of the UK’s financial and carbon markets ecosystem, sets out the current scale of the country’s carbon credit sector and highlights what they describe as a significant growth opportunity that could be ... Read the full article

Suncorp buys AUD 2.4bn five-year aggregate reinsurance cover

24th April 2026

Australian insurer Suncorp has secured an additional five-year aggregate reinsurance cover that will provide AUD 800 million of protection annually, and up to AUD 2.4 billion of total protection over the period beginning June 30, 2026. The attachment point for the aggregate cover is indexed to Suncorp’s growth in exposure over ... Read the full article

Asia Pacific insurers step up private market allocations as technology falls behind, reports Clearwater Analytics

24th April 2026

Clearwater Analytics, a provider of investment accounting, reporting and analytics solutions, reports that insurers across Asia Pacific are increasing their commitments to private markets at pace. According to Clearwater Analytics, executives surveyed expect that within five years roughly one third of their combined $3.8 trillion in assets will be allocated to ... Read the full article

Schroders Capital and Hannover Re introduce tokenised infrastructure for ILS investments

24th April 2026

Schroders Capital, the private markets division of global asset manager Schroders, and Hannover Re, an international reinsurance provider, have launched a tokenised capability within Schroders Capital’s Private Debt & Credit Alternatives (PDCA) insurance-linked securities (ILS) platform. The announcement includes the completion of what is described as the first real-world collateralised reinsurance ... Read the full article