Reinsurance News
Continued Middle East conflict drives ‘new equilibrium’ in terrorism and political violence reinsurance: WTW
27th March 2026
A prolonged Middle East conflict is emerging as the most likely near-term scenario shaping terrorism and political violence reinsurance renewals, with the market already settling into a new equilibrium, according to WTW. Fergus Critchley, Global Head of Terrorism & Political Violence at WTW, speaking ahead of the April 1 renewals, said ... Read the full article
Infosys set to acquire insurance technology provider, Stratus
27th March 2026
Infosys, a provider of digital services, business consulting, and outsourcing services, is set to acquire Stratus, a technology solutions provider for the property & casualty (P&C) insurance industry. This acquisition, which is expected to close in the first quarter of the financial year 2027, subject to closing conditions, aims to strengthen ... Read the full article
AM Best affirms Sompo’s ratings following Aspen acquisition
27th March 2026
Credit rating agency AM Best has removed the under review with positive implications status and affirmed the Financial Strength Rating of A+ (Superior) alongside the Long-Term Issuer Credit Ratings of “aa-” (Superior) for Sompo Japan Insurance Inc. and its subsidiaries. The Financial Strength Rating carries a stable outlook, while the Long-Term ... Read the full article
TMK adds Francesca Kevill as Underwriter to its Cyber & Enterprise Risk team
27th March 2026
Specialist insurer, Tokio Marine Kiln (TMK), has appointed Francesca Kevill as Underwriter within its Cyber & Enterprise Risk team, effective immediately. In her new role, Kevill will report to Ellie Webb, Head of Delegated Cyber & IP. Her appointment builds on a period of significant investment in TMK's cyber capabilities. The company ... Read the full article
Total losses from March Kona Storms in Hawaii said to be at least $1bn: Aon
27th March 2026
According to global insurance and reinsurance broking group Aon’s weekly catastrophe report, back-to-back Kona Storms on March 10-24, which produced extreme rainfall and subsequent flooding across much of Hawaii, will result in total economic and insured losses of at least one billion US dollars, citing Hawaii government officials. Aon's report explains ... Read the full article
Swiss Re appoints Teodora Aldenhoff as Chief Pricing Actuary L&H Continental Europe
27th March 2026
Global reinsurer Swiss Re has appointed Teodora Aldenhoff as Chief Pricing Actuary for Life & Health (L&H) Continental Europe. In her new role, Aldenhoff will join Swiss Re’s leadership team and report directly to Augusto Diaz-Leante, Head of Life & Health Continental Europe, Managing Director of Swiss Re. She has spent the ... Read the full article
PERILS releases initial industry loss estimate of €586m from extratropical windstorm Nils
27th March 2026
PERILS, a Zurich-based catastrophe insurance data provider, has disclosed its initial industry loss estimate for the extratropical windstorm “Nils”, also known as “Ulrike”, noting the event has cost the insurance industry a total of €586 million. The storm, which peaked on February 12, 2026, combined destructive winds and intense rainfall. As France ... Read the full article
Conduit Holdings adds Lightowler, Mullen & Shaw as Non-Executive Directors
27th March 2026
Conduit Holdings, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, has appointed industry veterans Richard Lightowler, Peter Mullen, and Penny Shaw as Non-Executive Directors, effective March 26th, 2026. Lightowler and Shaw will serve on Conduit's Audit and Remuneration Committees, while Mullen will serve on the company's Remuneration ... Read the full article
Athora completes acquisition of PIC, plans to relocate headquarters to UK
27th March 2026
Athora, a European savings and retirement services group, has completed its acquisition of Pension Insurance Corporation Group Limited, including its wholly owned subsidiary, Pension Insurance Corporation plc (PIC). The acquisition was first announced in July 2025, with Athora agreeing to acquire PIC for approximately £5.7 billion. Earlier this month, Read the full article
Aon expands daily loss intelligence service to include US Severe Convective Storms
27th March 2026
Global insurance and reinsurance broking group Aon has announced the expansion of its Automated Event Response (AER) service to include US Severe Convective Storms (SCS). This enhancement has been designed to assist insurers to better manage losses, deploy resources and respond quickly to policyholders during active weather events. US SCS has now ... Read the full article
Augment Risk hires Lucy Carter to bolster global MGA practice
27th March 2026
Reinsurance and capital solutions broker Augment Risk has appointed Lucy Carter as partner, MGA, effective immediately. Carter joins from BMS Group, bringing nineteen years of experience across the US insurance and reinsurance markets. Augment Risk explained that in her new role, Carter will focus on connecting program businesses, capacity providers, and reinsurers ... Read the full article
Howden Re highlights broader market impacts as Gulf conflict disrupts energy supply
27th March 2026
New commentary from a range of executives at Howden Re has suggested that the effective closure of the Strait of Hormuz following escalating conflict in the Middle East could act as a stress test for the re/insurance sector, but with the reinsurance market remaining well capitalised and engaged, there is ... Read the full article
Cayman Islands recognised as key international reinsurance jurisdiction: SOA
27th March 2026
The Cayman International Reinsurance Companies Association (CIRCA) has supported the findings of a new report by the Society of Actuaries (SOA), which underscores the Cayman Islands’ growing role as an international reinsurance jurisdiction supporting cross-border insurance markets. Faramarz Romer, Chairman of CIRCA, said, “This report provides independent confirmation that the Cayman ... Read the full article
SageSure appoints Dave PaiMazumder as Director of Catastrophe Risk R&D
27th March 2026
SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has announced the appointment of Dave PaiMazumder as Director of Catastrophe Risk R&D. In his new role, PaiMazumder will lead SageSure’s catastrophe risk research agenda, advancing model evaluation, shaping proprietary views of risk, and integrating climate and emerging scientific insights into how ... Read the full article
Safe Harbor Marinas selects Chubb as preferred insurance provider
27th March 2026
Chubb, a global property and casualty insurer, and Safe Harbor Marinas, the global leader in waterfront lifestyle, have entered into an exclusive partnership, with Chubb named the preferred insurance provider for Safe Harbor members. Safe Harbor is a U.S.‑based company and is the largest owner and operator of marinas in the ... Read the full article
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