Reinsurance News
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
Somalia secures $5.5m drought parametric payout from ARC
28th May 2026
African Risk Capacity (ARC) has made a $5.5 million drought insurance payout in Somalia, triggered by confirmed parametric indices. The payout was made to the Government of Somalia (SODMA) (62.7% of the total), Start Network (21.5%) and WFP (15.8%). Combined, the three organisations have reportedly supported more than 153,000 people through the ... Read the full article
US flood exposure points to large potential uninsured losses and credit pressure for local govs: Moody’s Ratings
27th May 2026
An assessment by Moody’s Ratings, authored by Jennifer Chang, Senior Vice-President for Sustainable Finance Credit, and Firas Saleh, Director of North American Flood Models, evaluates residential flood exposure across the United States and finds substantial gaps between insured and uninsured losses at county level under different flooding scenarios. Moody’s Ratings indicates ... Read the full article
Andrew Thompson to lead Price Forbes’ Accident, Health & Contingency team as Director
27th May 2026
Price Forbes, a specialist insurance and reinsurance broker, has announced the appointment of Andrew Thompson as Director of the Accident, Health & Contingency team. Thompson brings more than three decades of London market experience to the role. His deep expertise in the contingency space spans some of the world’s most high-profile ... Read the full article
B.P. Marsh’s Net Asset Value rises 10.3%, Brian Marsh transitions to Founder and Life President
27th May 2026
B.P. Marsh & Partners has announced a £33.8 million increase in its Net Asset Value (NAV), reaching £360.2 million for the year ended 31 January 2026, a 10.3% rise compared to the previous year. The firm’s equity portfolio increased by 21.4% over the same period, after adjusting for investments and ... Read the full article
Liberty Specialty Markets names Monique Kooijman as General Manager for Netherlands, Belgium and Nordics
27th May 2026
Liberty Specialty Markets, the commercial and specialty insurance division of Liberty Mutual Insurance Group, has announced the appointment of Monique Kooijman as General Manager for the Netherlands, Belgium and the Nordics, subject to regulatory approval. Kooijman will be based in the Netherlands and will report to Pierre-Edouard Fraigneau, President of Liberty ... Read the full article
Canada Life agrees £36m pension buy-in with HSB Engineering Insurance Services scheme
27th May 2026
Canada Life, a UK insurer providing life insurance and pension risk transfer services, has completed a £36 million full-scheme buy-in with the pension scheme of HSB Engineering Insurance Services Limited. Canada Life said the transaction secures the benefits of 191 pensioner members and 128 deferred members, providing greater certainty over ... Read the full article
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