Reinsurance News

BHSI promotes Chris Polechronis to Head of Financial Institutions, US

5th February 2026

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has announced the promotion of Chris Polechronis to Head of Financial Institutions in the U.S. Based in New York, Polechronis will be responsible for the company’s financial institutions business nationwide. He brings nearly 25 years of industry ... Read the full article

Data centre boom has headwinds, but Chubb’s capabilities extremely broad: CEO Greenberg

4th February 2026

The rapid global build-out of data centres is a great investment opportunity that also comes with headwinds, but global insurer Chubb's capabilities in this area are extremely broad, Evan Greenberg, CEO, highlighted during the company's recent earnings call. Greenberg emphasised that Chubb has “doubled down” on its internal structure to ... Read the full article

Somerset Re appoints Steve Belcher as CFO and Joelina Redden as CLO

4th February 2026

Somerset Reinsurance Ltd., a provider of asset-intensive reinsurance solutions to the life and annuity market, has hired Steve Belcher from MetLife as its new Chief Financial Officer (CFO), while Joelina Redden has also joined the firm, as Chief Legal Officer (CLO). The appointments of Belcher and Redden to its leadership team ... Read the full article

SGIS Group approved as Lloyd’s registered broker

4th February 2026

Simon Global Insurance Services Group (SGIS Group), a premier insurance brokerage platform, secured approval as a Lloyd’s registered broker on January 30th, 2026. The approval was facilitated through its subsidiary SGIS Malaysia Ltd., but as noted by the firm, this development elevates the entire group into an "elite circle of global ... Read the full article

Andrei Romanescu named General Manager of SCOR Bucharest

4th February 2026

Global reinsurer SCOR has appointed Andrei Romanescu as General Manager of SCOR Bucharest, its newly established office in Romania, to lead the development of its operations in the country with a focus on driving efficiency, collaboration, and execution. Through this appointment, the reinsurer aims to bring together expertise in tech & ... Read the full article

CGRE launches Aviation Insurance and Reinsurance Practice led by Matt Gould

4th February 2026

CGRE, an independent insurance and reinsurance brokerage, has launched its Aviation Insurance and Reinsurance practice, further expanding its specialty expertise and global market capabilities. Matt Gould will lead the new practice as Head of Aviation. He brings more than two decades of experience across aviation re/insurance markets. The offering will provide customised ... Read the full article

Aon reshuffles Reinsurance Solutions business in Greece and Cyprus

4th February 2026

Aon has announced leadership changes within its Reinsurance Solutions business in Greece and Cyprus, with Dimitris Lymperis appointed chief executive officer for the region, succeeding Manolis Siatounis, and Evros Kyriakides named managing director. According to the firm, the new senior leadership team in Greece and Cyprus will focus on enabling better ... Read the full article

Cedents looked to reduce reinsurer panels at 1.1: SCOR’s Conoscente

4th February 2026

Large European and some global insurers took advantage of reinsurance market dynamics to reduce the number of reinsurers in their core panels at the January 1, 2026, renewals, according to Jean-Paul Conoscente, P&C CEO of French reinsurer SCOR. Speaking during SCOR’s 1.1 2026 P&C renewal call, Conoscente said cedents are seeking ... Read the full article

Crew Reinsurance Brokers launched by José Astorqui

4th February 2026

Crew Reinsurance Brokers, a Miami headquartered reinsurance broker, has been launched by José H. Astorqui, marking the culmination of its evolution from ATL RE. An announcement on the launch states that this evolution "responds to the growth experienced by the company in recent years and reflects the maturity achieved by the ... Read the full article

Cyber-related fines reveal widening gap between regulatory risk & insurable protection: Aon

4th February 2026

Businesses located or operating across EMEA face increasing exposure to cyber-related fines and penalties as enforcement becomes more assertive, while the insurability of these fines remains uncertain and varies by jurisdiction, according to a joint report by global broker Aon and law firm A&O Shearman. The report highlighted that as cyber ... Read the full article

Tim Hewitt named Head of Japan Intl. Solutions & Strategy at Howden Japan

4th February 2026

Global insurance and reinsurance broker Howden has announced the appointment of Tim Hewitt as Head of Japan International Solutions and Strategy at Howden Japan, effective February 2026. In his new role, Hewitt will continue to focus on growing Howden’s M&A solutions platform in Japan. He will work closely with Japanese clients ... Read the full article

Global insurance rates fall 4% in Q4’25: Marsh Risk

4th February 2026

Global insurance rates declined 4% in the fourth quarter of 2025, according to the latest Marsh Global Insurance Market Index, marking the sixth consecutive quarter of declines. This downward trend was supported by significant insurer capacity, driven by reinsurer growth and the entry of new insurers. Competition has been intensified by this ... Read the full article

MGT and Amwins partner to manage E&S risks with AI

4th February 2026

MGT, a vertically artificial intelligence (AI)-native neo-insurer, has entered into a strategic partnership with Amwins, a distributor of specialty insurance products and services, to select risks in the rapidly expanding Excess & Surplus (E&S) market through its proprietary AI-driven underwriting and pricing platform. This partnership aims to combine Amwins’ unparalleled wholesale ... Read the full article

Varley named WTW’s Global Proposition Leader for Commercial Lines Pricing and Underwriting

4th February 2026

WTW, a global advisory, broking and solutions company, has announced the appointment of Chris Varley as Global Proposition Leader for Commercial Lines Pricing and Underwriting within the company’s Insurance Consulting and Technology business. In his new role, based in London, Varley will lead the global strategy for commercial lines pricing and ... Read the full article

The Hanover posts record net income of $198.5m in Q4’25

4th February 2026

The Hanover Insurance Group, Inc., a property and casualty insurer, reported a record net income of $198.5 million in the fourth quarter of 2025, an 18.2% increase compared to $167.9 million in the same quarter a year prior. In the quarter, operating income stood at $210.1 million, an 8% increase compared ... Read the full article