Reinsurance News
European insurers prioritising infrastructure debt and structured credit amid Solvency II changes: Novantigo
4th August 2026
Infrastructure debt has become the leading private market priority for European insurers, with 58% planning to increase allocations, according to new research from Novantigo, a financial services research, analytics and strategic consulting firm specialising in the European insurance, private markets and private wealth sectors. The findings are published in Insurance Asset ... Read the full article
Net cost of TWIA’s finalised $2.28bn reinsurance programme well under budget
4th August 2026
The Texas Windstorm Insurance Association (TWIA) has completed its 2026 risk transfer programme, securing $2.28 billion in reinsurance coverage at a net cost almost $26 million under budget, with total funding for this year's Atlantic hurricane season standing at $4.305 billion. After the TWIA Board adopted a $4.3 billion 1-in-50 ... Read the full article
Frieder Knüpling joins Supervisory Board of TransRe Europe SE
4th August 2026
Transatlantic Holdings (TransRe), the reinsurance arm of Alleghany Corporation, has appointed Frieder Knüpling to the Supervisory Board of TransRe Europe SE. Knüpling brings more than 25 years of industry experience, including extensive engagement with regulators and board experience across multiple jurisdictions worldwide. Currently, he serves as a Senior Advisor for Boston Consulting ... Read the full article
Sompo Life Re secures BMA licence and starts operations with Tetsuya Morito at helm
4th August 2026
Sompo Group has announced that its Bermuda-based subsidiary, Sompo Life Re Ltd., has officially secured a reinsurance license from the Bermuda Monetary Authority (BMA) and commenced operations, following the fulfilment of all necessary regulatory requirements. Headquartered in Bermuda with $250,000 in capital, Sompo Life Re Ltd. is led by CEO & ... Read the full article
Ignite Specialty Risk establishes Australian operations with Stormont-Sainsbury hire
4th August 2026
Ignite Specialty Risk, a provider of specialty risk insurance, has announced the establishment of its Australian operations with the appointment of Lucinda Stormont-Sainsbury as Head of Australian Operations. Based in Sydney, Stormont-Sainsbury will support Ignite's expansion in Australia and develop relationships across the local insurance, legal and advisory sectors. She brings more ... Read the full article
Spokane wildfires burn 7,000 acres, destroy 700 structures as Guy Carpenter warns of continued spread
4th August 2026
According to a new Guy Carpenter report, three major wildfires in Spokane County near Spokane, Washington, have collectively burned 7,000 acres, destroyed more than 700 structures, remain 0% contained, and are expected to continue spreading under favourable conditions, particularly later this week. All three fires were discovered on Saturday, August 1, ... Read the full article
Stephen to lead Aon Indonesia as CEO
4th August 2026
Aon, a global insurance and reinsurance broker and risk advisor, has appointed Stephen as CEO for Indonesia, effective 3 August 2026, based in Jakarta, subject to regulatory approval. In his new role, Stephen will lead Aon's business in Indonesia across Commercial Risk, Health, Talent and Wealth. He will set and execute the ... Read the full article
Bowhead Specialty’s H1’26 net income jumps 35% on premium growth and underwriting profitability
4th August 2026
Bowhead Specialty has reported H1 2026 net income of $32.1 million, up 35.3% from $23.8 million in the same period of 2025, as the specialty insurer continued to grow premiums while maintaining an underwriting profit. The firm's gross written premiums for H1 2026 climbed 26.4% year over year to $514.6 million, ... Read the full article
Allianz Partners names Carsten Staat as Regional Managing Director, APAC & MEA
4th August 2026
Allianz Partners, a provider of insurance and assistance services, has appointed Carsten Staat as Regional Managing Director for Asia Pacific, Middle East & Africa (APAC & MEA), effective August 1st, 2026. In his new role, Staat will report to Jacob Fuest, Chief Markets Officer of Allianz Partners. He succeeds Vinay Surana, ... Read the full article
RSUM’s Celerity Risk enters Financial Institutions D&O and Professional Liability
4th August 2026
Celerity Risk, a professional, management, and cyber liability solutions managing general underwriter (MGU) for wholesale brokers, has launched its directors and officers (D&O) and professional liability insurance solutions with quotes up to $5 million for financial institutions and financial services companies. Celerity Risk is part of Ryan Specialty’s underwriting management speciality, ... Read the full article
Arch was made to trade in this kind of environment, says CEO Papadopoulo
3rd August 2026
Nicolas Papadopoulo, CEO of Arch Capital Group Ltd., said last week that the current, more competitive part of the reinsurance cycle is to be expected, and despite softening in property and challenges in casualty, it is still a favourable trading environment. Arch recently posted its second quarter 2026 financial results, ... Read the full article
Everspan strengthens leadership team, appoints David Kenyon Head of Reinsurance
3rd August 2026
Everspan Group, a US specialty property and casualty insurance platform owned by Octave Specialty Group, has appointed three senior executives as the company continues to develop its leadership team in support of its long-term growth strategy. The company has confirmed that David A. Kenyon joined as Head of Reinsurance on 31 ... Read the full article
Saudi Re posts 118% rise in Q2’26 profit
3rd August 2026
Riyadh headquartered reinsurance company, Saudi Re, generated net profit after Zakat of SAR 115 million (USD 30.7m) in the second quarter of 2026, a year-on-year increase of a significant 118% from SAR 53 million (USD 14.2m) last year, driven by continued growth across the business. Over the past year, Saudi Re ... Read the full article
Miller completes acquisition of Dubai-based reinsurance broker Shields
3rd August 2026
Specialist re/insurance broker Miller has completed the previously announced acquisition of Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, following the receipt of all necessary regulatory approvals. Shields was founded in 2017 and has a strong reputation in Facultative and Treaty reinsurance across specialty classes in ... Read the full article
CNA Financial’s Q2’26 profit rises as investment income offsets underwriting pressure
3rd August 2026
Chicago-based insurer CNA Financial has reported Q2 2026 net income of $321 million, up from $299 million in the prior-year quarter, as stronger investment returns helped offset pressure on underwriting performance as the firm continued to focus on disciplined growth and reserve prudence. CNA's net investment income for the quarter increased ... Read the full article
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