Reinsurance News
Global credit insurance market supports AFDB in Zambia’s buy-back transaction
20th July 2026
In a pioneering approach to development finance, the government of Zambia has repurchased its $1.36 billion sovereign Eurobond by combining its own resources with a $600 million loan from the African Development Bank Group. The African Development Bank (AfDB) received critical support for this transaction from the credit insurance market, represented ... Read the full article
QBE names Tay Siang Leng as Interim CEO of Wholesale Markets, Asia
20th July 2026
International insurer and reinsurer, QBE Insurance Group Limited, has appointed Tay Siang Leng as Interim Chief Executive Officer (CEO) of Wholesale Markets Asia, reporting to Rob Kosova, CEO of QBE Asia. Siang Leng currently serves as the Chief Financial Officer (CFO) for QBE Asia, a role he has held since 2019. In ... Read the full article
US P&C insurance industry improving but geopolitical and cat risks loom: Triple-I
17th July 2026
The US property and casualty (P&C) insurance industry is improving, driven by favourable underwriting conditions as key economic driver stabilise and claims-cost pressures begging to ease, according a new report by Insurance Information Institute (Triple-I) and Milliman. The report finds that major insurance lines are projected to see stronger underwriting performance ... Read the full article
Munich Re names Sabine Starbatty as CUO, Agriculture for the Americas & Europe
17th July 2026
Munich Re, a global reinsurer and provider of primary insurance and risk solutions, has appointed Sabine Starbatty as Chief Underwriting Officer (CUO) of Agriculture for the Americas & Europe, effective May 1st, 2026. The reinsurer confirms that for North America, Starbatty will assume the responsibilities currently held by Lambert Muhr, who ... Read the full article
UK captives framework to grant businesses greater flexibility, says Aon’s Walker
17th July 2026
Leon Walker, Europe, Middle East, and Asia (EMEA) Captives Leader for global re/insurance broker Aon, believes an established captives framework in the United Kingdom has the potential to provide businesses with greater flexibility in their use of captive solutions. To recap, the Financial Conduct Authority and Prudential Regulation Authority have placed ... Read the full article
Santam Re appoints Izabela Stofberg as CUO
17th July 2026
Santam Re, the reinsurance division of South African insurer Santam, has announced the appointment of Izabela Stofberg as Chief Underwriting Officer (CUO). Stofberg will take on the new role as part of its ongoing focus on underwriting expertise and reinsurance capabilities. She brings extensive experience across the reinsurance and insurance sectors. She ... Read the full article
RLI announces James H. Bradshaw to join Board of Directors
17th July 2026
RLI Corp., a US specialty insurer offering property, casualty and surety insurance products, has announced the appointment of James H. Bradshaw to its Board of Directors. Bradshaw joined the Board with effect from 15 July 2026. His initial term will continue until the company's next annual shareholders' meeting in May 2027, ... Read the full article
Travelers renews Northeast property cat XoL on unchanged terms, drops Personal Insurance treaty at July 1
17th July 2026
US primary insurer Travelers' Northeast Property Catastrophe Excess-of-Loss Reinsurance Treaty renewal at July 1st 2026 is unchanged from the prior year in terms of coverage and retention, while the carrier decided not to renew its Personal Insurance Catastrophe Excess-of-Loss Reinsurance Treaty, and secured more reinsurance from the capital markets. For 2026-2027, ... Read the full article
SeyRe Global promotes Dinesh Salgadu to COO
17th July 2026
Seychelles Reinsurance Global Ltd (SeyRe Global), a reinsurance company focused on providing risk solutions and services to clients and partners, has announced the promotion of Dinesh Salgadu to Chief Operating Officer (COO). According to SeyRe Global, the appointment recognises Salgadu’s extensive industry experience, strategic leadership capabilities and commitment to operational excellence. The ... Read the full article
Travelers continues positive performance in Q2’26 as underwriting and investment portfolio shine
17th July 2026
The Travelers Companies, Inc. has reported a substantial increase in net income for Q2 2026, reaching $2.208 billion, up by $699 million from the $1.509 billion recorded in the same period last year, driven by higher core income and higher net realised investment gains. The firm's core income in Q2 2026 ... Read the full article
Aon expands Vlad Bobko’s leadership role across political risk, war risk and crisis management
17th July 2026
Aon plc, a global professional services firm providing risk, retirement and health solutions, has announced an expansion of Vlad Bobko’s leadership responsibilities. Bobko will take on the role of Global Head of Strategy for Political Risk, War Risk and Crisis Management within Risk Capital, while continuing his position as CEO of ... Read the full article
Marsh survey finds insurers remain keen on private credit despite growing caution over risks
17th July 2026
Marsh, a global professional services company that provides risk, reinsurance, capital, people, investments and management consulting services, has released the results of its 2026 Global Insurance Investments Survey, which suggests insurers continue to favour private credit despite taking a more measured approach to new investments. Marsh's research found that private credit ... Read the full article
The Hartford names Randy Larsen as new Board Director
17th July 2026
The Hartford, a US insurance and financial services company offering property and casualty insurance, employee benefits and investment products, has appointed Randy Larsen to its Board of Directors, with the appointment taking effect on 1 September. Larsen will join the Board’s Finance, Investment and Risk Management Committee, alongside the Nominating and ... Read the full article
Oxbow Partners urges re/insurance CEOs to move AI beyond experimentation
17th July 2026
A new Oxbow Partners report has suggested that CEOs in the commercial and specialty re/insurance sector must move beyond experimentation and develop the operating models, governance structures and decision-making capabilities needed to turn AI investment into a competitive advantage. Oxbow Partners’ new CEO Agenda report, authored by Partner Chris Sandilands and ... Read the full article
Gallagher strengthens PEMA practise with new Head of Tax Insurance, France
17th July 2026
Global insurance broker Gallagher broadens its tax insurance solutions and cross-border deal expertise with the hire of Sarah Dezes as Head of Tax Insurance of its fast-growing Private Equity and M&A practice (PEMA). Based in Paris, Dezes will l lead Gallagher's tax insurance offering in ... Read the full article
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