Reinsurance News
Solomon Islands receives $2m from PCRIC as excess rainfall triggers parametric policy
21st September 2026
The Pacific Catastrophe Risk Insurance Company (PCRIC), a donor-funded entity established to provide Pacific Island nations with access to disaster risk insurance and related services, has paid USD 2 million to the Solomon Islands, after the government’s Excess Rainfall (XSR) parametric insurance policy was triggered by rainfall events during early ... Read the full article
Reinsurance buying up 85% in a decade, but concentration at the top eases
18th September 2026
Europe's 30 biggest reinsurance buyers increased their spending by 85% over the past decade, with ceded premiums rising from €46.2 billion in 2016 to €85.6 billion in 2025, according to new analysis by Solvency II Wire Data. The figures were drawn from group-consolidated Solvency II and Solvency UK non-life regulatory returns ... Read the full article
Zhibao Labuan Re expands reinsurance operations across Hong Kong and Southeast Asia
18th September 2026
Zhibao Technology Inc., a China-based InsurTech company specialising in digital embedded insurance through its 2B2C business model, has announced further progress in the expansion of its wholly owned reinsurance subsidiary, Zhibao Labuan Reinsurance Company Limited, with new business development activity targeting Hong Kong and Southeast Asian markets. Zhibao Labuan Re was ... Read the full article
European Commission launches Climate Insurance Alliance
18th September 2026
With only around 25 % of catastrophe losses in Europe covered by private insurance, the European Commission has set up the Climate Insurance Alliance to stop national budgets from serving as the default insurer of last resort. The initiative follows a summer of record-breaking climate disasters across the continent. Wildfires ... Read the full article
Linda Jones named as US Healthcare Industry Practice Leader for Marsh Risk
18th September 2026
Marsh, the global professional services firm, has appointed Linda Jones as its new US Healthcare Industry Practice Leader for Marsh Risk, with the appointment taking effect on 15 September 2026. Jones will be based in Washington, DC, and will report to Darren Cromwell, Industry Practice Group Leader for Marsh Risk in ... Read the full article
Kato joins Aon’s Transaction Solutions team as Deputy Director, Asia
18th September 2026
Natsuko Kato has joined Aon's Transaction Solutions team as Deputy Director, Asia, a Japan-based role, where she will support the broker’s M&A insurance practice across the region. An experienced professional, Kato brings deep experience in advising global private equity investors on transactions in Japan, providing a practical understanding of ... Read the full article
Colombia Earthquake to have limited impact on insurer ratings: Fitch
18th September 2026
Fitch Ratings, the credit ratings agency, says Colombia’s August earthquake is unlikely to result in changes to insurers’ ratings, but warns that the disaster will put pressure on industry earnings during the second half of 2026, with the effects potentially extending into subsequent quarters as insurers receive, assess and settle ... Read the full article
Swiss Re appoints Kumar Head for India’s Global Capability Centre
18th September 2026
Global reinsurer Swiss Re has announced the appointment of Puneet Kumar as the Location Head for India's Global Capability Centre (GCC). Kumar will continue to lead Central Operations for Asia Pacific while taking on responsibility for his new position as GCCs India. The executive brings over two decades of experience, alongside extensive ... Read the full article
Growth, operations, and capital management the biggest challenges in reinsurance today: PwC’s Crepon
18th September 2026
Speaking to Reinsurance News during the Monte Carlo Rendez-Vous 2026, Xavier Crepon, Global Insurance Leader at PwC, emphasised that growth, capital management, and adapting operations to technological advancements represent the biggest challenges currently facing the reinsurance market today. On growth, Crepon stated that this is a big challenge in today's reinsurance ... Read the full article
Markel names Nick Rugg as Head of Financial Institutions & Fintech – PFR & Cyber, International
18th September 2026
Markel Insurance, the insurance business of Markel Group Inc., has appointed Nick Rugg to the newly expanded role of Head of Financial Institutions & Fintech – PFR & Cyber within its London specialty insurance operation. The appointment is effective immediately and will see Rugg take responsibility for a portfolio spanning four ... Read the full article
Cyber reinsurance demand expected to be stable in 2027: Moody’s Ratings survey
18th September 2026
Demand for cyber reinsurance in 2027 is projected to be stable, while almost half of respondents to Moody's Ratings 2027 reinsurance buyers survey expect the business to experience low to mid-single-digit price declines. The ratings agency highlights the “continued healthy demand for cyber reinsurance,” however, just over a quarter of respondents ... Read the full article
Warren Buffett honoured as Chairman Emeritus for ‘extraordinary’ contributions to Berkshire
18th September 2026
Warren E. Buffett has been named Chairman Emeritus of Berkshire Hathaway, effective immediately, in recognition of his "extraordinary" contributions to the company and its owners. Chairman Emeritus is an honorary title recognising a retired board chairman's past service, leadership, and major contributions to an organisation. Although the title is honorary, Buffett will ... Read the full article
Relm Insurance names Mike Morales as Head of Claims
18th September 2026
Relm Insurance, an insurer providing coverage for businesses operating in emerging and specialised sectors, has appointed Mike Morales as Head of Claims, based in New York. In his new role, Morales will lead the insurer's claims function across insurance and reinsurance, responsible for enhancing the company’s claims capabilities globally aligning with ... Read the full article
Orion180 prices IPO at $12 a share, raises $240m
18th September 2026
Technology-focused specialty insurance group Orion180 has priced its initial public offering at $12 a share, raising $240m in gross proceeds from the sale of 20 million Class A shares. The firm could raise a further $36m if underwriters fully exercise their overallotment option, taking the potential total to $276m. At the $12 ... Read the full article
James Noteman joins Willis’ Alternative Asset Insurance Solutions team
18th September 2026
Willis, a WTW business, has announced the appointment of James Noteman to its Alternative Asset Insurance Solutions (AAIS) team as Managing Director and Head of Portfolio Management in the U.S. In his new role, Noteman will work with private equity clients and their portfolio companies, serving as a strategic advisor and ... Read the full article
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