Reinsurance News
CCRIF lifts coverage 9% to $1.57bn for current policy year as membership expands
5th June 2026
Ahead of the annual hurricane season, CCRIF SPC, formerly the Caribbean Catastrophe Risk Insurance Facility, said it has expanded coverage to $1.57 billion for the current policy year, from $1.44 billion a year earlier, driven by a 17% increase in coverage across its Caribbean portfolio and an 18% increase in ... Read the full article
Alex Brogden joins Bermuda-based InEvo Re as CUO
5th June 2026
Alex Brogden has joined InEvo Re, a Bermuda-based specialist life reinsurer backed by Macquarie Asset Management, as Chief Underwriting Officer. Brogden brings extensive market experience, having most recently served as Group Chief Underwriting Officer at Monument Re Group for four years. He initially joined the company in 2017 as Group Chief ... Read the full article
3IF Ventures secures $12m first close for Africa-focused inclusive insurance fund
5th June 2026
3IF Ventures, an impact-focused venture capital firm investing in insurance technology businesses across Africa, has announced the first close of its Inclusive Insurance Investment Fund at USD 12 million. The fund, which is focused exclusively on Africa’s insurance start-up market, has secured backing from FSD Africa Investments (FSDAi) and ZEP-RE (PTA ... Read the full article
Milliman expands life insurance asset-liability management services with new SAA solution
5th June 2026
Milliman, Inc., a consulting and actuarial firm, has expanded its global life insurance asset-liability management (ALM) services with the introduction of an advanced strategic asset allocation (SAA) solution. This new development leverages Milliman’s established actuarial and ALM capabilities—including its Integrate™ and Milliman Mind® platforms— to better assist insurers and their investment ... Read the full article
Fortegra appoints Mark Rattner as President
5th June 2026
The Fortegra Group, a global specialty insurer and part of DB Insurance Co., Ltd., has announced the appointment of Mark Rattner as President. Rattner brings more than three decades of industry experience, including a decade in leadership roles at Fortegra, as well as long-standing relationships with key distribution partners. He joined Fortegra ... Read the full article
RSUM promotes Mike Benvenuto to Chief Operating Officer
5th June 2026
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the promotion of Mike Benvenuto to Chief Operating Officer. Based in Chicago, Benvenuto brings more than 20 years of insurance industry experience. Most recently, he served as Chief Procurement Officer at Ryan Specialty, driving performance across Strategic Sourcing, ... Read the full article
Zurich expands its data centre insurance to five new countries
5th June 2026
Large primary carrier Zurich Insurance Group has expanded the availability of Data Centre Project Guard, a comprehensive insurance and risk management solution for large-scale construction projects, to meet growing global customer demand for coordinated protection. Following its successful U.S. debut, where Zurich underwrote more than 245 data centre construction projects in ... Read the full article
Honeycomb raises $40m in new funding round led by Zeev Ventures
5th June 2026
Honeycomb Insurance, a digital insurer specialising in apartment buildings and condo associations, has raised an additional $40 million in a new funding round led by Zeev Ventures. The round also drew participation from existing investor Ibex Investors, alongside new backers Peakline, Alpha Partners, Meitar Partners, Practical VC, and former San Francisco ... Read the full article
Howard Hughes completes $2.1bn Vantage acquisition
5th June 2026
Howard Hughes Holdings Inc. (HHH) has completed its previously announced acquisition of specialty insurance and reinsurance company, Vantage Group Holdings Ltd., for an all-cash transaction valued at approximately $2.1 billion. The acquisition was completed by a wholly-owned subsidiary of HHH, Howard Hughes Insurance Holdings, LLC, following receipt of all required ... Read the full article
Ashley Hirst returns to Swiss Re as Head Portfolio Strategy & Steering
5th June 2026
Reinsurance giant Swiss Re has announced that Ashley Hirst is returning to the company on June 8th 2026 as Head Portfolio Strategy & Steering, based in London. Hirst first joined Swiss Re in January 2017 as Group Head of Underwriting Strategy, before moving over to Swiss Re Corporate Solutions as Chief ... Read the full article
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
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