Reinsurance News

Convex receives in principle approval to launch long-tail specialty lines focused syndicate at Lloyd’s

28th May 2026

Convex Group Limited, the international specialty insurer and reinsurer, has received in principle approval to launch Lloyd’s Syndicate 1987, which is planned to commence underwriting on 1st July 2026, subject to regulatory approvals. With capacity to support Convex’s approved business plan, Syndicate 1987 will focus exclusively on long-tail specialty lines, deploying ... Read the full article

The Fidelis Partnership introduces ‘Analyst’ role to develop underwriters of the future: O’Hare & Davern

28th May 2026

The Fidelis Partnership has replaced the traditional ‘Underwriting Assistant’ title with ‘Analyst’ to reflect a shift towards developing future underwriters focused on innovation, faster decision-making, and client relationships, as AI increasingly automates menial administrative tasks. In an interview with Reinsurance News, Michael Davern, UK CUO, Group Head of D&F Property, Energy ... Read the full article

Strait of Hormuz disruption adds pressure to marine and specialty markets, says Howden Re

28th May 2026

Howden Re, the reinsurance arm of broking group Howden, has released analysis on the Strait of Hormuz situation, stating that while global reinsurance capacity remains solid, conditions are tightening across marine, energy and political violence lines as geopolitical instability in the region continues. The firm notes that these developments are influencing ... Read the full article

APAC’s construction insurance market supported by abundant capacity and insurer ambition

28th May 2026

Global re/insurance broker and risk advisor Aon's new report on global construction insurance in the Asia Pacific (APAC) region has disclosed that the market remains growth-oriented, supported by abundant capacity, insurer growth ambitions, and improved reinsurance performance. According to Aon’s report, 2026 Global Construction Insurance and Surety Market Report for Asia ... Read the full article

Gallagher introduces parametric flood cover for golf courses in partnership with FloodFlash

28th May 2026

Insurance broker and risk adviser Gallagher has developed a new parametric insurance solution aimed at helping golf courses mitigate financial disruption caused by flooding and severe weather. The product has been created in collaboration with FloodFlash, a NormanMax company that specialises in sensor-based parametric flood cover. Gallagher highlights that intense rainfall, storms, ... Read the full article

Legacy roundtable: Leaders debate a transitioning retrospective marketplace

28th May 2026

In partnership with global reinsurance giant Swiss Re, Reinsurance News hosted a retrospective roundtable around the 2026 annual meeting of the legacy insurance and reinsurance sector in Brighton earlier this month. Stakeholders from across the evolving space discussed opportunities, challenges, and key market trends. The latest Reinsurance News Legacy Market Roundtable, ... Read the full article

AI risk becoming a governance, liability and insurability challenge: Willis

28th May 2026

The growing integration of artificial intelligence (AI) is introducing new challenges around accountability, liability and insurability, with the rate of adoption outpacing existing AI governance frameworks, according to Willis’ latest Risk & Resilience Review. Willis noted that AI is embedded across workflows, from reading claims files and shaping underwriting judgement to ... Read the full article

Sompo names Elliot Paul as Head of Marine Cargo, UK

28th May 2026

Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Elliot Paul as Head of Marine Cargo, London, UK. Paul brings more than 15 years of marine expertise to Sompo, including most recently serving as Head of Cargo & Marine Liability at CNA ... Read the full article

Starr appoints Zhang as Global COO, Property

28th May 2026

Starr, an insurance and investment organisation, has appointed Xinwei Zhang as its Global Chief Operating Officer (COO) for Property, tasked with leading the carrier's globally aligned property operations function, strengthening team support, enhancing collaboration, and driving new growth opportunities. She has nearly two decades of experience leading property operations and driving ... Read the full article

VIG reports Q1’26 profit before taxes of €310.3m as GWP expand 4.4%

28th May 2026

Vienna Insurance Group (VIG) has disclosed Q1 2026 profit before taxes of €310.3 million, a significant 18.8% increase over the same period of 2025, driven by the firm's Special Markets, Poland, Extended CEE and Austria segments. Meanwhile, VIG reported that gross written premiums expanded by 4.4% year on year to €4.857 ... Read the full article

Amiga Specialty new Yacht division secures £/$25m Lloyd’s capacity and global licensing

28th May 2026

Amiga Specialty, a specialist managing general agent (MGA), has secured £/$25 million of “A rated” Lloyd’s capacity with global licensing for its Yachts division, marking an important step in the development of its specialist marine offering. The newly secured capacity will bolster Amiga Specialty’s ability to underwrite complex yacht risks on ... Read the full article

Legal reforms and disciplined underwriting combine to restore confidence in Florida’s property market: Guy Carpenter

28th May 2026

A new report from Guy Carpenter, a business of Marsh, found that legal reforms, stronger building resilience and disciplined underwriting have helped restore capital and confidence in Florida’s property market, with risk-adjusted property catastrophe pricing at the June renewals generally down 15%–20% across many layers and Florida clients securing more ... Read the full article

Enrico Bertagna named CEO of Arrow MGA Solutions to support European expansion

28th May 2026

Arrow Global Group, the pan-European investment manager focused on private credit and real estate, has appointed Enrico Bertagna as Chief Executive Officer of Arrow MGA Solutions, the managing general agent partnership division within Arrow Global Insurance (AGI). Arrow Global said the appointment forms part of its strategy to strengthen AGI’s MGA ... Read the full article

Boost Insurance launches AI-Driven portal for Specialty Commercial Brokers and MGAs

28th May 2026

Insurance infrastructure platform Boost Insurance Holdings, Inc. has announced the release of Boost Atlas, an AI-enabled broker and managing general agent (MGA) portal purpose-built to compress the placement workflow from hours to seconds. Boost Atlas serves as an integrated distribution interface for Boost's comprehensive MGA platform. It offers a centralised portal where ... Read the full article

HDI Global names new Head of Liability Global Risk as leadership transition confirmed

28th May 2026

HDI Global, a corporate and specialty insurer within the Talanx Group, has announced the appointment of Kai Schulte-Schrepping as its new Head of Liability Global Risk, effective 1 July. The move forms part of an internal leadership transition, with continued focus on strengthening both the global Liability portfolio and the US ... Read the full article