Reinsurance News
Beazley’s new Bermuda entity gets stable outlook as AM Best reacts to acquisition news
5th February 2026
Beazley Bermuda Insurance Limited (BBIL), the London-domiciled specialist insurer and reinsurer’s new Bermuda entity, has been assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) by credit ratings agency AM Best. The outlook assigned to these ratings is stable. The ratings align ... Read the full article
Everest’s income climbs as refined underwriting focus boosts 2025 results
5th February 2026
Everest has reported net income of $1.59 billion for 2025, up from $1.37 billion in 2024, while net investment income climbed to a record $2.1 billion, as the group sharpened its underwriting focus and streamlined its business. The firm also posted $17.7 billion in gross written premiums for the year, a ... Read the full article
HIVE adds two senior underwriters to new Marine platform
5th February 2026
HIVE Underwriters, an independent specialty managing general agent (MGA), is strengthening its new Marine specialty underwriting team with two new appointments: Alistair Marriott as Head of Marine, and Jared Short as Head of Transportation and Logistics. Both appointments are effective July 2026, on completion of their contractual obligations with current respective ... Read the full article
Relm strengthens executive leadership with Bermuda and UK appointments
5th February 2026
Relm Insurance, an insurer focused on emerging industries, has announced the appointment of three senior executives to its leadership team: Becky Vernon as Chief Legal Officer, Henry Paddison as Chief Operating Officer, and Shane Doyle as Chief Underwriting Officer. Vernon and Paddison will be based in Bermuda, while Doyle will be ... Read the full article
Hannover Re reports 3.3% rise in Jan 1 P&C reinsurance premiums
5th February 2026
Hannover Re reported that its total renewed premium volume in traditional property and casualty reinsurance increased by 3.3% to €10.535 billion at the January 1, 2026 renewals, despite a highly competitive market environment. The reinsurer noted that the growth was supported by its strong market position and long-standing, partnership-driven client relationships. According ... Read the full article
Roberto Pinto named Marsh Risk’s International Affinity Leader
5th February 2026
Marsh Risk, the insurance broking arm of Marsh, has announced the appointment of Roberto Pinto as International Affinity Leader, effective 23 February 2026. In his new role, Pinto will oversee the development of Marsh's affinity business across International, comprising Asia, Europe, Latin America & the Caribbean, India, the Middle East and ... Read the full article
Meiji Yasuda Group acquires Banner Life for $2.3bn
5th February 2026
Meiji Yasuda Group, a Japanese life insurance company, has completed the acquisition of Banner Life Insurance Company and William Penn Life Insurance Company of New York (the Banner Life family of companies) for approximately $2.3 billion. The acquisition follows the initial agreement announced in February 2025 and includes the U.S. term ... Read the full article
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
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