Reinsurance News
EIOPA & ESM propose European risk-sharing mechanism to reduce nat cat protection gap
14th April 2026
A paper by the European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM) proposes a European-level risk-sharing mechanism comprising a natural catastrophe insurance pool and a loan-based backstop, aimed at enhancing overall risk-bearing capacity and reducing Europe’s significant protection gap. The rising frequency and severity of natural ... Read the full article
PwC highlights growing role of asset-intensive reinsurance in Cayman market
14th April 2026
PwC has highlighted the growing role of asset-intensive reinsurance (AIR) in shaping the Cayman Islands into a key hub for capital-efficient, asset-driven reinsurance solutions. Supported by regulatory stability, strong capital markets, and a commitment to innovation, PwC noted that the Cayman Islands has cemented its position as a dynamic reinsurance centre. Earlier ... Read the full article
Brace promotes Wheeler and Davis as regional Heads of Underwriting for US and London
14th April 2026
Brace Underwriting Limited, a multi-line and alternative risk specialist underwriter backed by Octave Specialty Group Inc., has promoted Richard Wheeler to Head of Underwriting for USA, and Michael Davis to Head of Brace London Underwriting. The duo previously served as Senior Underwriters. Their appointments reflect a new management structure designed to ... Read the full article
Global life reinsurance capital increased a further 10% in 2025: Guy Carpenter
14th April 2026
Over the past decade, total dedicated capital for life reinsurance across both traditional and asset-intensive markets has grown significantly, with Guy Carpenter and AM Best projecting this trend to continue, with a further 10% increase in 2025 to an estimated total of more than $160 billion deployed globally. In a recent ... Read the full article
HDI Global names Philip Beblo as new Global Head of Property Underwriting
14th April 2026
HDI Global, a Germany-based corporate and specialty insurer and part of the Talanx Group, has appointed Philip Beblo as Head of Property Underwriting, effective 1 May 2026. He will take on global responsibility for the company’s Property Local Risk business, with a responsibility to further develop the portfolio and support its ... Read the full article
PIB appoints Rob Houghton as Chief Operations Officer
14th April 2026
PIB Group Ltd, a specialist insurance intermediary, has announced the appointment of Rob Houghton as Chief Operations Officer (COO). In his new role, Houghton will join the group’s executive leadership team. His remit will span technology and operations, working closely with CEOs and leaders across the group to drive growth while ... Read the full article
Amynta Group combines underwriting units to expand wholesale specialty casualty business
14th April 2026
Insurance service provider Amynta Group has strategically combined its underwriting unit, Scion Underwriting Services, into Ambridge Group to expand its wholesale specialty casualty business. The new combined business unit will operate as the specialty casualty underwriting unit of Ambridge Group, providing underwriting solutions with an expanded offering to serve Amynta's broker ... Read the full article
Rising demand for data centre insurance could generate $10bn in new premiums in 2026: S&P
14th April 2026
A new report from S&P has suggested that rising demand for data centre insurance coverage could generate $10 billion in new premiums in 2026, highlighting the market’s growing significance and the scale of the opportunity for the global re/insurance industry. The rating agency also indicated that annual investment in data centres ... Read the full article
Liberty Mutual Insurance elects Jacqui Canney to Board of Directors
14th April 2026
Tim Sweeney, Chairman, President and Chief Executive Officer of Liberty Mutual Insurance, has announced that ServiceNow’s Jacqui Canney has been elected to the company's board of directors. Canney joined ServiceNow in August 2021 and has served in her current role as Chief People and AI Enablement Officer since January 2025. In ... Read the full article
ICMR estimates Lloyd’s valuation above $100bn in 2026 Syndicate Statistics report
14th April 2026
Insurance Capital Markets Research (ICMR), a specialist firm providing data and analytical insight on the Lloyd’s market, has published its 2026 edition of Syndicate Statistics, presenting a comprehensive review of recent performance and structural trends. Within the report, ICMR estimates that Lloyd’s would command a notional market capitalisation in excess of ... Read the full article
Aon names Adam Reed as Chief Commercial Officer, Enterprise Clients, UK
14th April 2026
Global insurance and reinsurance group Aon has appointed Adam Reed as Chief Commercial Officer for major, complex and enterprise clients for Commercial Risk in the UK, effective September 2026. Reed will be based in London and will report to Rob Kemp, Chief Executive Officer of Commercial Risk at Aon, UK. This appointment ... Read the full article
Bamboo Insurance expands portfolio with new HO-6 Condominium policy
14th April 2026
Bamboo Insurance, a technology-enabled managing general underwriter (MGU), has introduced a new Condominium Unit-Owners (HO-6) insurance policy as part of its broader product expansion strategy. The company emphasises operational efficiency and responsiveness, integrating data-led underwriting with streamlined processes across underwriting, claims, and distribution. This approach is intended to enhance service for ... Read the full article
Kingstone to expand into California insurance market
13th April 2026
Property and casualty (P&C) insurance holding company, Kingstone Companies, Inc., is to enter the California market in the second quarter of 2026, President and Chief Executive Officer, Meryl Golden announced in a letter to shareholders. The expansion, which marks the first phase of the company’s broader geographic diversification strategy, follows a ... Read the full article
Howden launches US Trucking Practice
13th April 2026
Global insurance broker Howden has announced the expansion of its Specialty Transportation & Logistics vertical with the launch of its US Trucking Practice. The new practice has been designed to offer coordinated support for trucking and other fleet operators within the transport sector. This comprehensive approach aims to assist clients with casualty ... Read the full article
AM Best finds declining credit quality and shifting dynamics in US annuity market
13th April 2026
A new report from AM Best, the credit rating agency, highlights notable changes in the US life and annuity sector. According to AM Best, assets backing individual annuity products now represent more than 36% of total industry reserves, up from 32% prior to the 2008 financial crisis. AM Best explains that this ... Read the full article
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