Reinsurance News
AXA DCP partners with Planet to track natural catastrophes
12th February 2026
AXA Digital Commercial Platform, a 'first-of-its-kind' AI-powered all-in-one risk management system and newest arm of AXA, has partnered with Earth imaging company Planet to track natural catastrophes such as earthquakes and hurricanes. Developed to address the challenges of the “polycrisis,” AXA DCP integrates advanced technology, extensive data, third-party software, artificial intelligence, ... Read the full article
Markel Insurance appoints Zurich’s John Bang as Head of Korea and Japan
12th February 2026
Markel Insurance, the insurance operation within Markel Group Inc., has appointed John Bang as its inaugural Head of Korea and Japan, effective immediately. He will be responsible for launching Markel International's Japan and Korea desks, overseeing business development and deepening relationships with local partners and cedents. In his new role, Bang will ... Read the full article
AM Best revises outlook on US D&O liability insurance segment to stable
12th February 2026
AM Best has announced it is revising its market segment outlook for the US directors and officers (D&O) liability insurance segment to stable from negative, citing rate stabilisation and improving loss ratios, among other factors. The upgrade signals a critical moment for a sector that has faced years of volatility, declining ... Read the full article
Philippe Domart to lead Covéa Insurance UK as CEO
12th February 2026
Covéa Insurance UK has appointed Philippe Domart as its Chief Executive Officer (CEO), subject to regulatory approval, effective April 1st, 2026. In the new role, Domart succeeds Georges De Macedo. Additionally, he will relocate to the UK to be closer to the teams and partners. This appointment aligns with the group’s long-term ... Read the full article
Chubb appoints Morales as Regional Executive Officer of Spain, Portugal, Italy
12th February 2026
Large US insurer Chubb has announced the appointment of José Ramón Morales as Regional Executive Officer, Southern Region (Spain, Portugal, Italy) and Head of the Underwriting Centre, Continental Europe, Middle East and North Africa, effective April 1, 2026. Morales joins Chubb with 25 years of insurance experience, where he will be ... Read the full article
Prudent management and few cat events drive record 2025 for Mapfre Re
12th February 2026
Mapfre has reported that Mapfre Re, which encompasses its Reinsurance and Global Risks businesses, delivered a record result of €381 million in 2025, an increase of 17.2% year on year, driven by prudent management and the absence of catastrophe events. Of the total, the Reinsurance division contributed €329.5 million, posting a ... Read the full article
Severe weather in Andalusia tests Spain’s agricultural insurance framework: Morningstar DBRS
12th February 2026
Morningstar DBRS, the credit ratings agency, has stated that severe and persistent weather events in southern Spain are adding pressure to the country’s agricultural insurance framework, while leaving private insurers largely insulated from material losses. In its latest commentary, Morningstar DBRS highlighted that Andalusia, which it rates A (high) with a ... Read the full article
Descartes strengthens European footprint with strategic hires and promotions
12th February 2026
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has expanded Commercial Director Juan Maria Marqués Domenech’s responsibilities to cover Central Europe in addition to Iberia. In a move to further strengthen the company’s presence across Europe, Descartes also appointed Felix Dalheimer as Business Developer for ... Read the full article
Mission appoints Tom Hill as Chief Commercial Officer, UK and Europe
12th February 2026
Global MGA incubator Mission has appointed Tom Hill as Chief Commercial Officer (CCO) of the UK and European operation. Hill is a career-long MGA specialist, and brings a unique combination of underwriting, DUA placement and MGA founding experience. The appointment aims to leverage his technical underwriting experience to drive commercial strategy and ... Read the full article
IAG maintains FY26 insurance profit target despite RACQI impact
12th February 2026
IAG has reported net profit after tax for H1 of the 2026 financial year of AU$505m, down from AU$778m in the same period of 2025. The result was impacted by the one-off RACQI impact of AU$174m from severe seasonal weather immediately following the acquisition, and before the business was integrated into ... Read the full article
Palomar’s net income rises 60.6% to $56.2m for Q4’25
12th February 2026
Specialty insurer Palomar Holdings, Inc. has reported a 60.6% rise in net income to $56.2 million for the fourth quarter of 2025, compared to net income of $35 million in Q4’24. The insurer reported strong underwriting results for the quarter as gross written premiums (GWP) rose by 31.8% to $492.6 million ... Read the full article
Joe Peiser named CEO of Aon’s Risk Capital
12th February 2026
Joe Peiser will lead Aon's Risk Capital capabilities across both Commercial Risk and Reinsurance Solutions, as the broker continues to enhance and execute its Risk Capital strategy. Peiser joined Aon in 2021 as Commercial Risk Leader for North America, assuming the Global CEO of Commercial Risk role in 2023. He brings more ... Read the full article
InsurTech funding up to $5.08bn in 2025 as re/insurers make more investments: Gallagher Re
12th February 2026
At $1.68 billion, global InsurTech funding in the fourth quarter of 2025 increased by an impressive 66.8% over the prior quarter, the highest level of quarterly funding since Q3 2022, as investments in insurtech for the full year 2025 rose by almost 20% year-on-year to $5.08 billion, according to Gallagher ... Read the full article
Udhwan appointed Head of Canada Programs at Munich Re Specialty, NA
12th February 2026
Robin Udhwan has been named Head of Canada Programs at Munich Re Specialty – North America (MRS-NA), part of the global reinsurer. A seasoned veteran of the North American insurance landscape, particularly Canada and the United States, Udhwan brings deep expertise in underwriting, operations, and strategic leadership to the role. In his ... Read the full article
Moody’s integrates Oasis SaaS into its Intelligent Risk Platform
12th February 2026
Moody's, a data, intelligence and analytical tools provider, has announced the integration of the newly launched Oasis Software as a Service Limited (Oasis SaaS) into its Intelligent Risk Platform (IRP). This collaboration aims to provide re/insurers and brokers with a unified, vendor-neutral environment for catastrophe modelling, addressing the industry’s growing need ... Read the full article
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