Reinsurance News

Arch Insurance UK Regional Division name Tinworth Senior P&C Underwriter

30th March 2026

Henry Tinworth has joined Arch Insurance UK Regional Division as Senior Property & Casualty Underwriter, effective immediately, based in Leeds. In his new role, Tinworth will leverage his 10 years of UK insurance marketexperience to drive new business development across the property and casualty portfolio with a regional focus on the ... Read the full article

AM Best upgrades Ocean Re’s credit ratings

30th March 2026

Ocean International Reinsurance Company Limited (Ocean Re) has had its Financial Strength Rating upgraded to A (Excellent) from A- (Excellent) and its Long-Term Issuer Credit Rating upgraded to “a” (Excellent) from “a-” (Excellent) by AM Best, with the outlook of these ratings revised to stable from positive. AM Best notes that ... Read the full article

Swiss Re flags accumulation risk in data centres as key underwriting challenge

27th March 2026

The data centre industry is evolving into increasingly complex, high-energy-density facilities that concentrate risks within single sites, with underwriting success depending not only on capacity, but also on specialised technical assessment and disciplined accumulation management, according to a recent report by the Swiss Re Institute. Swiss Re highlighted that data centres ... Read the full article

XS Global appoints Daniel Abramson as Head of Construction Underwriting, APAC

27th March 2026

XS Global, an independently owned managing general underwriting (MGU) platform, has announced the appointment of Daniel Abramson as Head of Construction Underwriting for Asia Pacific, based in Hong Kong. Abramson brings more than 25 years of insurance industry experience spanning construction and energy underwriting. Before joining XS Global, he was Head of ... Read the full article

SEADRIF and AHA Centre sign agreement to advance disaster risk financing in Southeast Asia

27th March 2026

The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) Insurance Company, a regional initiative supporting disaster risk financing solutions, and the ASEAN Coordinating Centre for Humanitarian Assistance on disaster management (AHA Centre), the regional body for disaster response coordination, has recently entered into a Memorandum of Intent (MoI) in Bali, Indonesia. The ... Read the full article

Reassured hits two million life and critical illness policies sold

27th March 2026

Reassured, the UK domiciled life insurance broker, has reached the milestone of providing more than two million life insurance and critical illness policies to customers since 2009. In December 2025, the broker confirmed that it had recorded a 16% growth in the number of families protected through Term Assurance for the ... Read the full article

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