Reinsurance News
Gallagher expands Middle East operations with new strategic investment
10th June 2026
Global insurance brokerage, risk management and consulting firm Gallagher has acquired a majority stake in ACE Re Gallagher Arabia Reinsurance Brokers, further reinforcing its commitment to supporting clients and businesses across the Kingdom of Saudi Arabia. The ACE Re Gallagher Arabia Reinsurance Brokers management team will reportedly transition seamlessly into the ... Read the full article
Willis Re hires Jim Summers from Guy Carpenter as Global Specialties CEO
10th June 2026
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired Jim Summers from rival broker Guy Carpenter to lead its Global Specialties operation, effective immediately. Summers assumes responsibility for strategic direction and driving growth across all specialty classes globally as CEO of the business. Working ... Read the full article
Simon Hawkins joins Aon as Executive Managing Director within the Global Legacy team
10th June 2026
Aon plc, a global professional services firm that provides risk, retirement and health solutions to clients worldwide, has announced the appointment of Simon Hawkins as Executive Managing Director for Reinsurance within its Global Legacy team, joining the company later this year. Hawkins will advise clients on complex legacy and run-off transactions, ... Read the full article
Ascot Group names Joseph Eppers as Group Chief Investment Officer
10th June 2026
Ascot Group Limited, a specialty reinsurance company, has confirmed the appointment of Joseph Eppers as Group Chief Investment Officer and as a member of its Global Executive Committee. The company said the appointment forms part of its continued development of senior leadership across its international investment operations. Within Ascot Group Limited, Eppers ... Read the full article
Gallagher Re appoints Eric Schwebach as EVP, North America Large Personal Property Product Leader
10th June 2026
Gallagher Re, the global reinsurance broking and advisory division of Arthur J. Gallagher & Co., has announced the appointment of Eric Schwebach as Executive Vice President (EVP), North America Large Personal Property Product Leader. Schwebach joins Gallagher Re with more than 20 years of reinsurance broking experience. Throughout his career, he ... Read the full article
Maximum Information launches PsiClone for live cyclone exposure monitoring
10th June 2026
Maximum Information has announced the launch of PsiClone, a new live event monitoring platform that aims to help insurers, reinsurers, and underwriting teams monitor portfolio exposure and respond earlier during active tropical cyclone events. Founded in 2020, Maximum Information is committed to increasing societal resilience to disasters through evolving risk modelling ... Read the full article
Lockton Re appoints Brian Hall as Lead Solution Developer
10th June 2026
Lockton Re, the reinsurance division of global insurance brokerage and risk management company Lockton, has announced the appointment of Brian Hall as Lead Solution Developer. Hall will play a key role in advancing the company’s next-generation catastrophe analytics capabilities. In his new position, he will support Lockton Re’s analytics teams and ... Read the full article
ICEYE targets global expansion as latest funding round surpasses €1bn
9th June 2026
ICEYE, a provider of sovereign intelligence from space, has raised €450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of more than €10 billion (USD 12 billion). Combined with a secondary placement, the total raised from this funding round exceeded ... Read the full article
MSIG USA receives AM Best A+ rating affirmations and new rating for E&S insurer
9th June 2026
MSIG USA, the US insurance arm of global insurer MS&AD Insurance Group Holdings, has announced that its newly launched excess and surplus (E&S) lines carrier, MSIG Specialty Insurance America, Inc., has been assigned an A+ (Superior) Financial Strength Rating and an "aa" (Superior) Long-Term Issuer Credit Rating by AM Best. The ... Read the full article
Cyber, AI and economic pressures dominate insurance concerns in RiskScan 2026
9th June 2026
According to RiskScan 2026, a cross-market research study by the Insurance Information Institute (Triple-I) and Munich Re US, cyber incidents, economic pressures, and artificial intelligence have emerged as the top concerns across five key insurance market segments, underscoring the growing interconnectedness of modern risk. For the 2026 edition, Munich Re US ... Read the full article
Aon Germany Reinsurance CEO Jan-Oliver Thofern to retire
9th June 2026
Aon, a global insurance and reinsurance broker and risk advisor, has announced that Jan-Oliver Thofern, Chief Executive Officer (CEO) of Reinsurance and Chairman of the Country Board for Aon in Germany, will retire from his roles, effective January 1st, 2027. Until his retirement, Thofern will continue to perform his duties in ... Read the full article
Ruchi Jain named Principal Officer of Saudi Re’s IIO-GIFT City, India Branch
9th June 2026
Saudi Re, a MENA region reinsurer, has announced the appointment of Ruchi Jain as Principal Officer of its IIO-GIFT City, India Branch. In January 2026, Saudi Re obtained approvals from Saudi and Indian authorities to open a branch in GIFT City, India. Having been active in the Indian market for over ... Read the full article
Distinguished Programs expands into reinsurance market with new Antares Re-backed platform
9th June 2026
National MGA and insurance program manager Distinguished Programs has expanded into the reinsurance market with the addition of Distinguished Reinsurance (DistinguishedRe), a new platform focused on property reinsurance, led by Frank DiPaola. With more than 25 years of reinsurance experience, DiPaola will serve as President of DistinguishedRe Property, leading a dedicated ... Read the full article
Hyperscale data centres a growing but increasingly selective opportunity for re/insurers: S&P
9th June 2026
As hyperscale data centre campuses push construction-phase total insured values into the $20 billion–$50 billion range, markets are adjusting to a step-change in asset scale, with S&P highlighting a growing but increasingly selective opportunity for re/insurers. A new report from the rating agency suggested that as capital spending on hyperscale data ... Read the full article
Lumos Insurance adds Kenny as MD & SVP, Global Retirement and Protection
9th June 2026
Lumos Insurance, a wholly owned subsidiary of Hoplon Capital, a financial services holding company, has appointed Tom Kenny as Managing Director (MD) and Senior Vice President (SVP) of Global Retirement and Protection to establish its global reinsurance operations. In his new role, Kenny will also support Lumos’ senior-market and retirement business ... Read the full article
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