Reinsurance News
AM Best raises FuSure Re ratings on capital strength and Tencent support
3rd June 2026
AM Best, the credit rating agency, has upgraded the Financial Strength Rating of FuSure Reinsurance Company Limited, a Hong Kong-based reinsurer owned by Tencent Holdings Limited, to A (Excellent) from A- (Excellent). It has also raised the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent), with the outlook remaining ... Read the full article
Chaturbhuj Bansal to lead MAPFRE Re India branch
3rd June 2026
Spanish insurance company MAPFRE's reinsurance branch, MAPFRE Re, has announced the appointment of Chaturbhuj Bansal as Head of its India branch, subject to regulatory approval. MAPFRE Re’s India office was established back in February 2026, in Gujarat International Finance Tec-City (GIFT City), following approval from the International Financial Services Centres ... Read the full article
ANV acquires Hub’s workers’ comp MGA
3rd June 2026
ANV Group Holdings Ltd., a global insurance intermediary platform, has acquired Texas-based managing general agent (MGA) specialising in tough-to-place monoline workers’ compensation insurance, Specialty Comp Insurance Solutions (SCIS), from Specialty Program Group, a subsidiary of Hub International. The acquisition aims to bolster ANV’s specialty product offering and US presence with the ... Read the full article
Hannover Re appoints Sven Wilhelmsen as General Manager
3rd June 2026
Global reinsurer Hannover Re has announced the appointment of Sven Wilhelmsen as General Manager. In his new role, Wilhelmsen will lead the global L&H digital solutions portfolio, shaping strategic roadmaps and ensuring efficient, value-focused delivery and adoption across Hannover Re’s markets, clients, and internal user communities. He brings more than 15 years ... Read the full article
USQRisk appoints Chris Giuffre as President following leadership changes
2nd June 2026
USQRisk, a managing general underwriter within Ryan Alternative Risk, a division of Ryan Specialty, has announced the promotion of Chris Giuffre to President of USQRisk with immediate effect. The company noted that following this change, Michael Zipper will step away from the President role but will continue in his position as ... Read the full article
Previsico integrates Snapshot Live’s visual monitoring into flood platform
2nd June 2026
Previsico, the live flood forecasting insurtech, has partnered with Snapshot Live to integrate live visual monitoring into its Flood Intelligence Platform, enhancing flood risk forecasting. Snapshot Live provides AI-powered remote visual intelligence, helping organisations eliminate operational blind spots in locations where traditional monitoring solutions fall short. Snapshot Live’s solar-powered, off-grid cellular cameras ... Read the full article
Gallagher names Repko as Senior Director, Capital Solutions, PEMA
2nd June 2026
Insurance broker and risk adviser Gallagher has appointed Laura Repko to the newly created role of Senior Director, Capital Solutions, for its global multidisciplinary Private Equity and M&A practice (PEMA). This appointment underscores the broker’s commitment to serving lenders and borrowers involved in complex transactional situations and its continued investment in ... Read the full article
FutureProof launches AI E&S Program
2nd June 2026
FutureProof Technologies, a venture-backed insurtech startup, has launched a new personal lines property insurance program with Bridge Specialty Group designed to provide excess and surplus (E&S) coverage for condo and renters in catastrophe-prone regions across the southeastern United States, including Florida and Texas. Bridge Specialty Group, a global insurance wholesale broker, ... Read the full article
Toa Re announces leadership changes across Japan & Singapore branches
2nd June 2026
The Toa Reinsurance Company, Limited (Toa Re), a Japanese reinsurance group, has announced a series of leadership changes across its Japan and Singapore branches, including the appointment of Ryo Yokochi as Chief Executive Officer of its Singapore Branch, effective 26th June 2026. Yokochi succeeds Shiko Misono, the current Chief Executive Officer ... Read the full article
WTW expands digital asset protection offering through Redefind acquisition
2nd June 2026
WTW, the global advisory, broking and solutions company, has acquired Redefind, a technology platform focused on improving access to insurance products for the cryptocurrency and digital asset sector. The acquisition forms part of WTW’s wider strategy to develop insurance and risk management solutions for clients operating in emerging areas of digital ... Read the full article
Helene Madell to lead Aon’s Global Broking Centre as CEO
2nd June 2026
Global insurance and reinsurance broker and risk advisor, Aon, has appointed Helene Madell as Chief Executive Officer (CEO) for its Global Broking Centre, effective June 1st, 2026, subject to regulatory approval. In her new role, Madell will report to Christian Hoffman, Global CEO of Commercial Risk. She will lead the London-based ... Read the full article
Insurance tech specialist Sapiens gets investment from ADIA
2nd June 2026
Sapiens International Corporation N.V., a global provider of software solutions for the insurance industry, has announced that a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has invested in the company and become a significant minority shareholder. The investment marks a further step in Sapiens' growth following its Read the full article
Howden Re flags ‘stark contrast’ between pricing trends and broader risk environment
2nd June 2026
David Flandro, Head of Industry Analysis and Strategic Advisory, Howden Re, has observed that a defining feature of the June 1 renewal was the dichotomy between higher inflation, interest rates and risk premia, and the direction of reinsurance pricing, with the pace of softening standing in an “increasingly stark” contrast ... Read the full article
Canopius appoints Steve Parry as Group Chief Claims Officer
2nd June 2026
Canopius Group, an international specialty and property and casualty (P&C) re/insurer, has announced the appointment of Steve Parry as Group Chief Claims Officer, effective August 2026. Parry will join the Canopius Group Leadership Team and report to Neil Robertson, Group Chief Executive Officer at Canopius. He brings extensive global experience, including leading ... Read the full article
Pen Underwriting expands yacht hull capacity to support broader range of risks
2nd June 2026
Pen Underwriting, a specialist managing general agent (MGA) operating across multiple insurance classes and territories, has increased the yacht hull insurance capacity available through its marine division, raising limits by 50% to USD/EUR 15 million with immediate effect. The enhanced capacity is being delivered through Vessel Protect, Pen Underwriting’s specialist yacht ... Read the full article
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