Reinsurance News

Fiona Marry named as Bridgehaven’s new European CEO

13th April 2026

Bridgehaven Europe Specialty DAC (Bridgehaven), a European insurer focused on commercial and specialty risks, has announced the appointment of Fiona Marry as European CEO. Operating out of Bridgehaven’s Dublin office, Marry will be heading the company’s European expansion, specifically focusing on building a more cohesive and connected ecosystem for commercial and ... Read the full article

MJ Sung joins Gallagher Re’s Korea team as Divisional Director

13th April 2026

Global reinsurance broker Gallagher Re has appointed MJ Sung as Divisional Director of its Korea team. "MJ brings 18 years of extensive experience across the insurance and reinsurance industry. His broad industry background will support the growth of the Gallagher Re FAC team," the firm said alongside news of the appointment. Sung’s ... Read the full article

PERILS raises industry loss estimate for Victoria Bushfires to AU$810m

13th April 2026

PERILS, the Zurich-based catastrophe insurance data provider, has lifted its second insurance industry loss estimate for the Victoria Bushfires, which took place from January 7th to 13th, 2026, to AU$810 million. These fires destroyed 900 buildings, including 330 homes, and impacted infrastructure, with over 20,000 livestock lost, and tragically, resulted in ... Read the full article

Pool Re launches new SME incentive scheme to increase terrorism cover uptake

13th April 2026

Pool Re, Britain’s largest terrorism reinsurer, has launched a new incentive scheme for its Members, effective 1 April, offering discounts on reinsurance costs when they reintegrate terrorism cover as standard across SME property policies. "Members can choose to reinstate cover across some or all of their commercial property portfolio, in return ... Read the full article

Gartner forecasts surge in AI-related legal claims and urges stronger insurance strategies

13th April 2026

Gartner, a research and advisory company specialising in business and technology insights, has projected that more than 2,000 legal claims linked to so-called “death by AI” incidents will be brought worldwide by the end of 2026. The prediction reflects a growing awareness of the legal and financial consequences associated with the ... Read the full article

Euclid Transactional announces 21 senior promotions

13th April 2026

Euclid Transactional, a managing general agent (MGA) specialising in transactional insurance underwriting and claims handling, has announced 21 senior-level promotions across various global regions and functions. These 21 promotions form part of 47 title and role changes, spanning Euclid Transactional’s global claims, operations, and underwriting teams. Euclid Transactional said the promotions reflect ... Read the full article

Swiss Re’s shareholders elect Jean-Jacques Henchoz as new Board member and approve dividend

10th April 2026

Jean‑Jacques Henchoz, the former Chief Executive Officer of large European reinsurer Hannover Re, has been elected as a new member of the Board of Directors of Swiss Re, another of Europe's big four reinsurance companies. Back in February, Swiss Re revealed its plan to nominate Henchoz to its Board, and ... Read the full article

Liberty Mutual establishes $600m endowment to support long-term community resilience

10th April 2026

Liberty Mutual Insurance has announced the establishment of a $600 million endowment for Liberty Mutual Foundation to build stronger and more resilient communities. This meaningful investment marks a significant milestone in the company's longstanding commitment to supporting people and communities through enduring philanthropic programs and partnerships. The endowment creates a self-sustaining source ... Read the full article

Aon integrates new AI benchmarks into Radford McLagan Compensation Database

10th April 2026

As demand for artificial intelligence (AI) talent and roles intensifies across industries, global insurance and reinsurance broking group Aon has launched enhancements to its Radford McLagan Compensation Database. The new platform capabilities integrate data, real‑time insights and automation to deliver a seamless experience for HR leaders. It now reports AI-specific job families, ... Read the full article

Great American promotes Jesse Gutierrez to Divisional President, Professional Liability

10th April 2026

Great American Insurance Group, a property and casualty insurer, has announced the promotion of Jesse F. Gutierrez to Divisional President, Professional Liability, effective 27th April 2026. Gutierrez will succeed Reina L. Gregorio, who will be retiring in July after more than 13 years with the company. Gutierrez joined Great American Insurance Group ... Read the full article

Triple-I urges caution amid ‘somewhat below average’ Atlantic hurricane season forecast

10th April 2026

While a “somewhat below average” hurricane season is forecasted for 2026 in the Atlantic Basin, the Insurance Information Institute (Triple-I) is advising insurers to remain cautious, as it only takes one major storm to shatter loss expectations in a high-inflation environment. 13 named storms, six hurricanes and two major hurricanes are ... Read the full article

Miguel Araújo to lead Iberia business at Gallagher Re

10th April 2026

Gallagher Re, the reinsurance broking and advisory arm of Arthur J. Gallagher & Co., has announced the appointment of Miguel Araújo as the new leader of its Iberia business. Araújo brings a combination of technical expertise and commercial experience, supporting the development of solutions and the management of client relationships. Araújo will ... Read the full article

Evercore ISI flags mounting pressures across P&C insurance

10th April 2026

Evercore ISI, the investment research arm of Evercore, has outlined a challenging backdrop for the property and casualty (P&C) insurance sector in its first-quarter 2026 preview, pointing to increasing cyclical pressure across commercial, personal, and reinsurance markets. Evercore ISI emphasises that a combination of softening pricing conditions and ongoing technological disruption ... Read the full article

CopperPoint names Kellen Booher as President and CEO in planned leadership transition

10th April 2026

CopperPoint Mutual Insurance Holding Company, a provider of workers’ compensation and commercial insurance, has appointed Kellen Booher as its new President and Chief Executive Officer, marking the next phase in the company’s leadership evolution. He steps into the role following Marc Schmittlein, who previously announced his intention to retire and will ... Read the full article

ACORD finds majority of insurance M&A deals create shareholder value amid strategic shift

10th April 2026

ACORD, the standards-setting organisation serving the insurance sector, has released an updated version of its report Carrier Mergers & Acquisitions: Drivers, Implications & Outcomes, providing a detailed examination of consolidation trends across the industry. The publication assesses what is driving insurer acquisitions today and considers the consequences for business models, technology ... Read the full article