Reinsurance News
Renewal rates down across most commercial lines month over month in May: Ivans
5th June 2026
Ivans, a division of Applied Systems, has released the May 2026 results of the Ivans Index, showing that average premium renewal rates across nearly all major commercial lines of business declined month over month, except Property and Workers’ Compensation, which saw modest increases. Year over year, average premium renewal rates increased ... Read the full article
Cedar Trace appoints Chris Wilson as Managing Director of Capital Management
5th June 2026
Cedar Trace, an investment management firm focused on insurance-linked securities (ILS), has announced the appointment of Chris Wilson as Managing Director of its Capital Management division, as the company continues to develop its ILS investment platform. Wilson is based in Bermuda and will work across Cedar Trace’s ILS operations, supporting areas ... Read the full article
ICEYE partners with Florida Flood Hub to enhance flood response and recovery
5th June 2026
ICEYE, a world leader in synthetic aperture radar (SAR) satellite systems, has partnered with the Florida Flood Hub for Applied Research and Innovation to improve flood preparedness, response, recovery, and resilience efforts. Florida’s Flood Hub plays a critical role for the state’s adaptation and mitigation efforts regarding extreme weather and hurricanes, ... Read the full article
Beazley’s Diamond joins Hudson as Chief Claims Officer
5th June 2026
Hudson Insurance Group has appointed industry veteran Beth Diamond as Senior Vice President and Chief Claims Officer, a New York-based role. Diamond has more than two decades of specialty claims experience, having most recently served as group chief claims and litigation officer at Beazley. Throughout her two-decade career with the specialty re/insurer, ... Read the full article
Arch Insurance NA reshapes leadership team to strengthen wholesale operations
4th June 2026
Arch Insurance North America (Arch Insurance), a subsidiary of Arch Capital Group and a provider of speciality insurance products and services, has announced several leadership appointments as part of efforts to enhance its Wholesale business and support continued expansion within the Excess & Surplus (E&S) market. The company has created the ... Read the full article
Slide Insurance lifts total aggregate reinsurance limit 65%
4th June 2026
Slide Insurance Holdings, Inc., the technology-enabled insurer, has completed its 2026-2027 catastrophe excess of loss reinsurance tower, securing a record total aggregate reinsurance limit of $5.463 billion. This represents a significant 65% increase from the $3.304 billion secured last year. As part of this expansion, the carrier significantly boosted its first-event ... Read the full article
Gallagher Re expands FAC team
4th June 2026
Gallagher Re, the global reinsurance broking and advisory firm, has announced three new appointments within its FAC team. Christine Drivas has been named Divisional Director, FAC. She brings more than 20 years of expertise in the insurance and reinsurance markets. Drivas joins Gallagher Re following 11 years at Miller Insurance Services LLP, ... Read the full article
Insurers need to update cat models for “supershear” risks to prevent further related losses: MS Amlin
4th June 2026
Insurers may be significantly underestimating earthquake risk – by up to 60% in extreme cases - as models fail to capture the effects of “supershear” earthquakes, a little-known class, according to recent MS Amlin research. According to the study, destructive supershear ruptures are behind two thirds of insured earthquakes losses from ... Read the full article
The Fidelis Partnership launches Guy Carpenter-placed PVT Consortium
4th June 2026
The Fidelis Partnership (TFP) has launched a PVT Consortium, placed by Guy Carpenter, bringing together leading Lloyd’s syndicates to deploy new capacity into the war, terror and political violence (WTPV) market. According to TFP, the Consortium will bring together capacity from leading Lloyd's Syndicates, including Argenta, alongside TFP's own Syndicates, 3123 ... Read the full article
Service-level agreement exposure among most significant risks facing data centres: Parametrix
4th June 2026
Lloyd’s of London coverholder Parametrix has highlighted in a new white paper that service-level agreement (SLA) exposure is among the most significant operational risks facing data centres, noting that uptime, availability, latency, power, cooling and network performance commitments can translate into material financial exposure. According to the report, An Introduction to ... Read the full article
Legacy and retrospective reinsurance become a strategic capital tool for cedants: Howden Re
4th June 2026
The use of legacy and retrospective reinsurance has evolved from operational relief to capital and financial target optimisation tools for cedants, Alex Roth, Head of Capital & Operational Solutions, International at Howden Re, highlighted in a recent commentary. Over the past decades, the legacy and retrospective reinsurance market operated under a ... Read the full article
Aon appoints José María Navas as Chief Claims Officer for EMEA
4th June 2026
Aon, a global re/insurance broker and risk advisor, has announced the appointment of José María Navas as Chief Claims Officer for EMEA. In his new role, Navas will lead the firm’s claims organisation across EMEA, overseeing strategy, advocacy, and claims preparation capabilities to help clients navigate an increasingly complex claims environment. He ... Read the full article
More options for cedants as reinsurers broaden coverage: Gallagher Re’s Schwebach
4th June 2026
As traditional reinsurers expand their coverage and show more willingness to support lower layers, primary carriers are benefiting from increased optionality and are facing less pressure to leverage captives for their first-layer risks, according to Adam Schwebach, Head of Property, North America, at Gallagher Re. In an interview with Reinsurance News, ... Read the full article
McCarthy to lead Markel International’s newly structured Marine, Energy and Construction division
4th June 2026
Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointment of Dan McCarthy as Managing Director of its newly structured Marine, Energy and Construction division in its London Market business. As head of the decision, McCarthy will be responsible for shaping its underwriting strategy, driving disciplined portfolio performance ... Read the full article
Gallagher Re supports OAK Global’s debut cat bond, issued through new platform Arthur Re
4th June 2026
Global reinsurance broker and advisory firm Gallagher Re supported OAK Global’s inaugural entry into the insurance-linked securities (ILS) market via Arthur Re Ltd., its Bermuda-based platform, which is designed to streamline the issuance of index catastrophe bonds by reducing both cost and time to market. OAK Global, a global risk ... Read the full article
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