Reinsurance News
Sompo expands Australian operations
16th April 2026
Sompo, a provider of commercial and consumer property and casualty insurance and reinsurance, has expanded its Australian operations by recruiting a team of nine local underwriters with expertise across property, casualty, financial lines, energy, and construction. The team will be based in offices located in Sydney and Melbourne, subject to regulatory ... Read the full article
Brown & Brown appoints Eileen Akerson as Chief Legal Officer
16th April 2026
Brown & Brown, Inc., an insurance brokerage and risk management firm, has announced the appointment of Eileen Akerson as Chief Legal Officer. In her new role, Akerson will join the Brown & Brown senior leadership team and will lead legal, regulatory, compliance, and enterprise risk management efforts across the firm. She is ... Read the full article
Aon expects market dynamics to accelerate legacy activity at Lloyd’s
15th April 2026
Despite reduced legacy deal activity in 2024 and 2025 amid relatively benign catastrophe activity and the strong performance of the broader re/insurance market, broking group Aon expects activity to accelerate at the specialist Lloyd's marketplace as capital allocation becomes more disciplined. Insurance and reinsurance broker Aon's April 2026 Lloyd's Legacy Report ... Read the full article
Intelligent Al expands its advanced property risk intelligence operations to US
15th April 2026
Insurtech Intelligent AI has expanded into the US market, marking a significant milestone for the firm, building on its strong momentum in the London market. The firm aims to cater to the growing demand from insurers seeking to improve data quality, underwriting precision, and portfolio resilience. Intelligent AI states that it addresses ... Read the full article
Record buyout conversions fail to reduce growing insurer backlog: Barnett Waddingham
15th April 2026
Independent professional services consultancy Barnett Waddingham (BW) has released findings from its 2026 survey of all 11 active bulk annuity insurers, indicating that although buyout volumes have reached new highs, the overall pipeline of schemes awaiting completion continues to expand. Barnett Waddingham reports that close to 160 defined benefit (DB) pension ... Read the full article
Kenrick Law appointed as Head of Underwriting & Branch Manager, Berkley Re Asia
15th April 2026
Insurance holding company W. R. Berkley Corporation has appointed Kenrick Law as the Head of Underwriting and Branch Manager of Berkley Re Asia, effective June 2026. Law has over 25 years of industry experience and is based in Singapore. For the last 12 years, he has served as the Regional Chief Executive ... Read the full article
New Mountain CEO outlines long-term vision to build diversified, multi-line reinsurance platform
15th April 2026
Steve Klinsky, CEO and founder of New York-headquartered New Mountain, said the launch of VictoryRe and NovaRe underscores the firm’s conviction in the specialty insurance sector, with plans to expand over time into complementary areas of the insurance and reinsurance market. VictoryRe, a newly established reinsurance platform, marks New Mountain's entry ... Read the full article
Willis Re appoints Chris Eaton to aviation reinsurance team
15th April 2026
Willis Re, a global reinsurance brokerage that provides risk transfer solutions and advisory services to insurers, has announced the appointment of Chris Eaton to its aviation reinsurance team. Eaton brings more than 30 years of experience in the aviation reinsurance sector, with a background spanning claims, technical wordings and account management. He ... Read the full article
Millions of California homeowners face flood risk as only 1.4% of properties insured: Neptune Flood
15th April 2026
California faces one of the largest flood insurance coverage gaps in the US, according to a recent Neptune Flood report, which revealed that while 2.3 million properties in the state are expected to face flood risk over the next 30 years, only 1.4% currently hold residential flood insurance. The report, by ... Read the full article
Vienna Insurance Group confirms board changes across key subsidiaries
15th April 2026
Vienna Insurance Group, an Austria-based insurance group operating across Central and Eastern Europe, has approved a series of changes to the leadership teams of the Group and its subsidiaries, Wiener Städtische Versicherung and DONAU Versicherung. The decisions were taken at Supervisory Board meetings held on 14 April, with all appointments and ... Read the full article
Insurance claims decline further in 2025 as losses grow more complex, Verisk reports
15th April 2026
A report from Verisk, a data analytics and technology provider to the insurance industry, based on data from its ClaimSearch platform, shows that insurance claims continued to fall in 2025, although the risks underpinning those claims became more concentrated and harder to manage, contributing to more severe and prolonged losses. Claims ... Read the full article
Xceedance hires Swapna Allapur as CPO to drive people strategy for AI-enabled insurance
15th April 2026
Xceedance, a global provider of technology-driven business solutions for the insurance industry, has announced the appointment of Swapna Allapur as Chief People Officer. In this role, Allapur will lead the company’s global people strategy, focusing on building workforce readiness, enabling large-scale transformation, and strengthening organisational capabilities to help insurers adopt new ... Read the full article
Florida-based Olympus launches inaugural $120m cat bond
15th April 2026
Florida-based homeowners insurance specialist Olympus Insurance has entered the catastrophe bond market for the first time, completing a $120 million multi-year issuance through the newly established Abacab Re Ltd. that provides capital markets-backed reinsurance protection against Florida named storm risk. Initially launched at $100 million in size, with a price guidance ... Read the full article
RiverStone positioned to pursue new acquisitions after strong 2025 results
15th April 2026
RiverStone International delivered record investment income and maintained strong capital levels in 2025, positioning the group to pursue new acquisition opportunities in 2026. RiverStone's total profit before tax rose to $295 million in 2025 from $287 million in 2024, supported by record investment income of $275 million. RiverStone said its investment portfolio ... Read the full article
APAC non-life insurers maintain strong credit positions in global comparison: Fitch
15th April 2026
Fitch Ratings, the credit rating agency, has reported that non-life insurers in the Asia-Pacific (APAC) region continue to exhibit strong credit fundamentals relative to their international peers. In its latest peer analysis, Fitch Ratings compares key credit characteristics of major APAC non-life insurers with large global operators and selected firms across ... Read the full article
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