Reinsurance News
Gallagher Re promotes Nicolas Rincé to President for FraBeLux region
27th March 2026
Global reinsurance broker Gallagher Re has announced the promotion of Nicolas Rincé to President for the France, Belgium, and Luxembourg (FraBeLux) region. Rincé joined Gallagher Re in July 2025 as Directeur Général for France, Belgium, and Luxembourg, where he played a key role in leading client-facing teams and implementing the ... Read the full article
Lagos State government secures up to USD 7.5m parametric flood insurance
27th March 2026
The Lagos State government has contracted a parametric flood-risk insurance policy in the Nigerian insurance market, designed to protect up to 4 million vulnerable people, providing up to USD 7.5 million for flood response and recovery. The policy’s activation represents a crucial achievement for the Tripartite Agreement Programme, which aims to ... Read the full article
Sompo appoints Soo Wai Har as CEO of Berjaya Sompo Insurance Malaysia
27th March 2026
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Soo Wai Har as Chief Executive Officer (CEO) of Berjaya Sompo Insurance Berhad, its P&C insurance business in Malaysia, taking effect on April 1, 2026. She takes over from Tan Sek Kee, who is retiring ... Read the full article
Multi-source data key to parametric flood insurance success: Swiss Re
26th March 2026
Global reinsurer Swiss Re has emphasised that parametric flood solutions relying on data from multiple sources, including advanced sensors, will be key to their success, improving reliability, reducing basis risk, and strengthening confidence. Flood risk is among the most prevalent weather-related hazards, impacting nearly one-third of the global population. However, despite ... Read the full article
Matthew Kirk takes over as AXIS Chief Financial Officer
26th March 2026
AXIS Capital Holdings Limited, a Bermuda-based insurer and reinsurer, has announced that Matthew Kirk has assumed the role of Chief Financial Officer (CFO), effective 31st March 2026. AXIS initially announced Kirk’s appointment in August 2025. He succeeds Peter J. Vogt, who is departing AXIS after 16 years with the firm, ... Read the full article
Totalis Program Underwriters acquires specialist provider ShoreOne
26th March 2026
ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has been acquired by Totalis Program Underwriters. The terms of the deal were not disclosed. According to the announcement, ShoreOne will continue to operate as an independent business unit within Totalis, with Cameron Rhodes succeeding Nick Steffey ... Read the full article
Markel International appoints Camilla Roughan to Senior Underwriter – Energy
26th March 2026
Markel International, the specialist insurance arm of Markel Group Inc., has appointed Camilla Roughan as Senior Underwriter – Energy with immediate effect. In her new position, Roughan will oversee underwriting for Markel’s upstream and midstream energy portfolio. Her remit includes reinforcing underwriting discipline while further developing relationships with brokers and clients. By ... Read the full article
Ping An P&C insurance revenue rises 3.3% in 2025
26th March 2026
Ping An Insurance (Group) Company of China, Ltd. maintained steady growth and strong performance in its property & casualty (P&C) segment for the year ended December 31, 2025, with insurance revenue rising 3.3% year on year to RMB338,912 million. In 2025, Ping An P&C’s premium income increased 6.6% year on year ... Read the full article
Patrick Häusler named Head of Business Development for Lockton Switzerland
26th March 2026
Lockton, an independent insurance broker, has announced the appointment of Patrick Häusler as Head of Business Development for Lockton Switzerland. In his new role, Häusler will be based in Zurich and work closely with colleagues in Switzerland, the wider region, London, and the US to drive growth and bring Lockton’s global ... Read the full article
MGA Banyan Risk deploys hx’s full agentic underwriting suite
26th March 2026
hyperexponential (hx), a pricing and underwriting decision platform for commercial P&C re/insurance, has partnered with Banyan Risk, marking the first deployment of hx’s full agentic underwriting suite by an MGA across the US, UK, Canada and Bermuda markets. The hx platform is expected to now sit at the core of Banyan’s underwriting ... Read the full article
DUAL promotes Scott Sayce to Group Chief Commercial Officer
26th March 2026
DUAL Group, an international specialist underwriting agency, has announced the promotion of Scott Sayce to Group Chief Commercial Officer (CCO), effective 1st April 2026. In his new role, Sayce will report to Richard Clapham, CEO of DUAL Group, and he will also join the DUAL Group Executive Committee. He brings more than ... Read the full article
Agentic AI poised to shape both offensive and defensive cyber measures: Munich Re
26th March 2026
With the use of agent-based AI becoming mainstream, Munich Re has suggested the technology is poised to shape the scope, speed and precision of offensive and defensive cyber measures alike. The global reinsurer’s recently released report, Cyber Insurance: Risks and Trends 2026, has highlighted a world defined by geopolitical tensions, armed ... Read the full article
Farmers Insurance appoints John Pham as Chief Strategy & Risk Officer
26th March 2026
Farmers Insurance, the largest property casualty insurer headquartered in California, has appointed John Pham as Chief Strategy & Risk Officer, reporting to Raul Vargas, Chief Executive Officer of Farmers Group. Pham will work across the enterprise to help translate strategy into measurable business outcomes, with a focus on execution discipline, operational ... Read the full article
LIRG provides QS reinsurance for DLT Alert’s embedded parametric cyber warranty rollout
26th March 2026
Algorithmic Insurance Services, Inc., the wholesale broker trading as LIRG, has provided $15 million in quota-share (QS) reinsurance for New York-based managing general agent DLT Alert. The reinsurance supports the launch of a new suite of embedded parametric cyber warranty products aimed at cybersecurity solution system providers. The first programme is ... Read the full article
Corebridge and Equitable to merge in all-stock deal valuing combined company at $22bn
26th March 2026
Corebridge Financial, Inc., an American multinational financial services company, and Equitable Holdings, Inc., a financial services holding company, have entered into a definitive agreement to combine in an all-stock merger, valuing the combined company at approximately $22 billion, based on the closing stock prices of each company as of March ... Read the full article
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