Reinsurance News

Willis strengthens Corporate Risk & Broking NA platform with new leadership appointments

22nd May 2026

Willis, a WTW business, has announced new leadership appointments across Corporate Risk & Broking North America designed to strengthen the platform’s growth. As part of these moves, Michael Butch has been hired as Growth Operations Leader for North America, a newly created role. In his new position, Butch will leverage his over ... Read the full article

Lockton Re launches Brazil ILS platform

22nd May 2026

Lockton Re, the reinsurance business of independent insurance broker Lockton, has announced the launch of a dedicated insurance-linked securities (ILS) platform for Brazil. The reinsurance broker has fully deployed its advisory and structuring capabilities through locally licensed Special Purpose Securitization Entities (SSPE) dedicated to Brazil's Letra de Risco de Seguro (LRS) ... Read the full article

Aon appoints Christian Rindlisbacher as Head of Casualty, Nordic Broking Centre

22nd May 2026

Global re/insurance broker and risk advisor Aon has announced the appointment of Christian Rindlisbacher as Head of Casualty, Nordic Broking Centre. Rindlisbacher brings more than 20 years of industry experience, including leadership positions at AIG and Aon, and an extensive network across the Nordics and EMEA region. Most recently, he served as ... Read the full article

Allstate estimates $870m in cat losses for April

21st May 2026

The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses for the month of April 2026 of $870 million or $687 million, after-tax. These losses include 10 wind and hail events, with approximately 70% of the losses related to two events. Comparably, for Read the full article

Shory and OrbitWorks partner to advance satellite insurance and space data

21st May 2026

Shory Group, a fully digital AI-driven Insurtech platform and part of Judan Financial Holding, has collaborated with OrbitWorks, the UAE’s first commercial satellite constellation production and operation company, to advance satellite insurance and space data. The announcement was made at Make it in the Emirates, the UAE’s national platform showcasing industrial ... Read the full article

American Coastal renews core cat reinsurance programme with $1.918bn coverage

21st May 2026

Florida-based American Coastal Insurance Corp. (ACIC) has renewed its core catastrophe reinsurance programme (Core CAT) for 2026/27, purchasing approximately $1.918 billion of occurrence-based limit in the aggregate, an increase of $241.5 million, or 14.4% from the previous year. For the renewed Core CAT programme, facilitated through its insurance subsidiary AmCoastal, ... Read the full article

Aon expands credit reinsurance hub model amid rising global demand

21st May 2026

To meet growing demand, global professional services firm Aon has strengthened its credit reinsurance offering by advancing a hub-led strategy that connects clients with capital through globally coordinated teams with local market presence. As part of the development, Rupert Evans, international head of credit and financial risks reinsurance for Aon, will ... Read the full article

Cedents set to benefit from recent wave of M&A activity: Willis Re

21st May 2026

According to Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, the recent wave of mergers and acquisitions (M&A) across the global reinsurance sector is expected to be broadly positive for cedents, as larger and better-capitalised reinsurers emerge without a significant reduction in market ... Read the full article

HIVE Underwriting adds James Lee as Non-Executive Director

21st May 2026

HIVE Underwriting, the holding company of HIVE Underwriters (HIVE), a Managing General Agent (MGA), and Lloyd’s coverholder, has appointed James Lee as Non-Executive Director, effective May 19th, 2026. The move aims to further strengthen its Board, governance, and leadership capability as the business seeks long-term growth and expands its presence as ... Read the full article

Tokio Marine enters next phase of growth with Berkshire Hathaway partnership

21st May 2026

The Berkshire Hathaway partnership and solutions business mark the next phase of growth for Tokio Marine Holdings, aligning with the firm's "strongest full-year financial performance," when excluding cross shareholding gains. Announced in March of 2026, the strategic alliance connects Tokio Marine with one of the world's most respected re/insurance ... Read the full article

Oliver Wyman’s three new senior leadership appointments to help accelerate AI-enabled integration

21st May 2026

Oliver Wyman, a Marsh business, has announced three senior leadership appointments aimed at accelerating AI-enabled integration and transformation. Jeremy Badman, the former Chief Operating Officer with over 13 years of experience, has been appointed Chief AI and Data Officer. This newly created position will reimagine how work is delivered, staffed, and scaled ... Read the full article

Gallagher Securities report finds institutional investors increasing exposure to insurance-linked assets

21st May 2026

Gallagher Securities, the capital markets and advisory division of Arthur J. Gallagher & Co., has reported rising institutional investor interest in insurance-linked assets, with investors increasingly favouring structures that offer scalability, transparency and direct participation in underwriting performance. In its latest report, Unlocking Insurance Capital: The View from Investors, Gallagher Securities ... Read the full article

Helios posts material growth in NAV for 2025 driven by strong operating profits

21st May 2026

Helios Underwriting, the publicly traded company offering instant access to a portfolio of syndicates at Lloyd's of London, has released its results for the year ended 31 December 2025, disclosing a net asset value (NAV) total return of 12.3% as it simplified the business to support the 2026 underwriting year ... Read the full article

There’s more to do, but legacy continues to evolve beyond a solution of last resort: Creed, RiverStone International

21st May 2026

The legacy market continues to evolve, and while it has clearly moved away from being a solution of last resort, there’s more work to do to continue building market recognition and resilience in order to capitalise on the opportunities, according to Andrew Creed, Group President and Group Chief Financial Officer ... Read the full article

Bishop Street Underwriters appoints John Inwood as CUO, UK

21st May 2026

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has promoted John Inwood as the Chief Underwriting Officer (CUO), United Kingdom (UK), subject to regulatory approval. In his new role, Inwood will oversee Bishop Street’s underwriting strategy across its UK footprint, encompassing the operations of Avid Insurance and Landmark Underwriting. Most recently, ... Read the full article