Reinsurance News
ICA declares Significant Event for deadly Victoria bushfires
12th January 2026
The Insurance Council of Australia (ICA) has declared a Significant Event for the severe bushfires impacting Victoria since 7 January 2026, as state fire authorities continue to battle uncontrolled blazes and total structural losses climb past 350. The ICA said its preliminary catastrophe response has now been activated, enabling the council ... Read the full article
Suncorp’s H1’26 natural hazard costs exceed budget at AUD 1.319bn
12th January 2026
Australian insurer Suncorp has disclosed that its total cost of natural hazard events for the first half of 2026 (H1’26) is expected to be AU$1.319 billion, far above the budget of AU$866 million, eroding most of its full-year 2026 (FY’26) allowance of AU$1.77 billion, meaning the carrier will make reinsurance ... Read the full article
Novatae names Walter Juergens as CFO
12th January 2026
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has announced the appointment of Walter Juergens as its new Chief Financial Officer (CFO). In his new role, Juergens will oversee the entirety of Novatae’s financial management. His responsibilities include driving a strategic financial mindset and implementing change ... Read the full article
Allianz partners with Anthropic to accelerate adoption of responsible AI
12th January 2026
Allianz SE, a holding company of the Allianz Group, has announced a global partnership with Anthropic, an artificial intelligence (AI) research and development company, to accelerate responsible AI in insurance. The collaboration focuses on three key projects within Allianz Group designed to empower Allianz employees and accelerate operations, while setting new ... Read the full article
Gallagher Re hires Aon’s Georgina Meyer as Exec Dir, UK Property
12th January 2026
Global reinsurance brokerage Gallagher Re has announced the appointment of Georgina Meyer as Executive Director, UK Property. Meyer joins the firm with over two decades of experience in the reinsurance industry, specialising in catastrophe reinsurance and retrocession. Throughout her career she has built a strong track record, successfully managing complex retrocession placements ... Read the full article
India’s reinsurance market progressing well, growing interest in parametrics: EDME CEO, Radhakrishnan
12th January 2026
Driven by rising insurance penetration and a deepening of underlying risk pools in India, the country’s reinsurance market is "progressing well,” according to Sanjay Radhakrishnan, Chief Executive Officer (CEO) of EDME Insurance Brokers Ltd. In an interview with Reinsurance News, Radhakrishnan said that in recent years, demand across specialty and infrastructure-linked ... Read the full article
Lloyd’s market proxy RISX delivers 22.3% total return for 2025: ICMR
9th January 2026
The global specialty reinsurance sector capped off a remarkable 2025, with the RISX Net Total Return Index delivering a 22.3% total return despite a backdrop of geopolitical volatility, growing trade barriers and high catastrophe losses, according to data by the Insurance Capital Markets Research (ICMR). This performance has not only solidified ... Read the full article
Specialist Risk Group appoints Richard Gurney as Head of Specialty
9th January 2026
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced the appointment of Richard Gurney to the newly created role of Head of Specialty. The new leadership position is designed to accelerate the build-out of SRG’s international specialty proposition. In this role, Gurney joins the Group Executive ... Read the full article
Aon Japan obtains insurance broker license & establishes corporate brokerage division
9th January 2026
Aon Solutions Japan Co., Ltd. has announced that it has obtained an insurance broker licence and established a corporate brokerage division, alongside a number of senior appointments. Aon said the new division will provide insurance programmes and services primarily to large companies with global operations, comparing and negotiating with multiple insurers ... Read the full article
Grayson Poole promoted to Chief Product Officer for mea Platform
9th January 2026
mea Platform, a company specialising in AI solutions for the re/insurance industry, has announced the promotion of Grayson Poole to Chief Product Officer. mea builds deployment-ready AI products automating complex, time-intensive operation workflows. Grayson’s promotion reflects his critical role in shaping the platform, driving client outcomes, and translating product vision into ... Read the full article
Helix USA partners with QBE NA to launch commercial SME property programme
9th January 2026
Helix USA, the wholly owned subsidiary of Bermuda-domiciled independent, multi-line managing general agent, Helix Underwriting Partners Ltd., has entered into a strategic partnership with QBE North America, a provider of commercial insurance solutions, to launch a Commercial SME property programme. This partnership aims to expand Helix USA's property capabilities in the ... Read the full article
American Integrity expands regional footprint to North Carolina
9th January 2026
American Integrity Insurance Group, Inc., a regional property insurance provider in the Southeast of the US, has expanded its operations into North Carolina, offering homeowners insurance product to the state’s residents. This move represents a strategic extension of the insurer’s footprint beyond Florida, Georgia, and South Carolina. This regional expansion executes the ... Read the full article
Soft market to drive lacklustre margins for P&C reinsurers in 2026: J.P. Morgan
9th January 2026
“Lacklustre margins” are expected in 2026 for property and casualty (P&C) reinsurers, mainly driven by price cuts during this year’s January 1 renewals and a softening trend for upcoming mid-year cycles, according to a recent J.P. Morgan report. Currently, there is increased capital in the market, fuelled by two years of ... Read the full article
Gallagher appoints McLaverty and Holmes to UK&I office leadership roles
9th January 2026
Global insurance and reinsurance broking group Gallagher has announced key leadership changes in its UK & Ireland Retail office network. Michael McLaverty was appointed as Head of Office for the firm’s Belfast office on 1st January 2026. He succeeds Shane Matthews, who is moving into an Account Director role focused on ... Read the full article
The Baldwin Group acquires Philadelphia-based Capstone
9th January 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, has announced the completion of its acquisition of Capstone Group, a full-service, multi-line independent insurance brokerage headquartered in the Philadelphia area. Founded in 2013, Capstone Group provides independent risk management, insurance brokerage, and employee benefits consulting services. It specialises in risk ... Read the full article
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