Reinsurance News
Dean Galligan joins Swiss Re as Head of Transactions for Life & Health Re
3rd August 2026
Dean Galligan has joined global reinsurer Swiss Re as Head of Transactions, Life & Health Reinsurance, taking on responsibility for developing and delivering capital, risk transfer, and strategic transaction solutions for clients. The executive brings over 25 years of industry experience, having worked across insurance, capital markets and asset management, partnering ... Read the full article
France and Spain fires expected to have limited impact on European insurers ‘26 earnings: Fitch
3rd August 2026
The ongoing fires in France and Spain are expected to have a limited impact on the 2026 earnings of large European insurers, provided the fires do not spread into major urban, residential, or industrial hubs, according to a recent Fitch Ratings report. The fires have burned around 117,000 hectares in France ... Read the full article
American Family to acquire Bowhead Specialty in $1.2bn cash deal
3rd August 2026
American Family Mutual Insurance Company, S.I. and its affiliates have entered into a definitive agreement to acquire all remaining issued and outstanding common stock of Bowhead Specialty Holdings Inc., in an all-cash transaction valuing the specialty insurer at approximately $1.2 billion. Under the terms of the transaction, expected to close prior ... Read the full article
J.P. Morgan says reinsurance pricing unlikely to stabilise before 2027
3rd August 2026
J.P. Morgan, the global investment bank and financial services firm, believes the reinsurance market is likely to remain under pricing pressure into 2027, despite another year of strong underwriting profitability driven by relatively light natural catastrophe losses. In a new research report on the European reinsurance sector, J.P. Morgan said the ... Read the full article
Gallagher Re appoints Luc Morement MD, Facultative, APAC
3rd August 2026
Gallagher Re, the global reinsurance broking and advisory business of Arthur J. Gallagher & Co., has announced the appointment of Luc Morement as Managing Director, Facultative, APAC. Morement brings extensive regional experience in facultative reinsurance and a strong track record of working with clients and market partners across Asia-Pacific. In his new ... Read the full article
Hybrid M&A strategies are reshaping insurers’ growth plans: Aon
3rd August 2026
Aon, the global professional services firm specialising in risk, retirement and health solutions, says insurers are broadening the way they approach mergers and acquisitions as economic conditions and higher capital costs make large-scale acquisitions more difficult to justify. According to Aon, businesses are increasingly considering hybrid growth structures that sit between ... Read the full article
Ategrity Q2’26 net income increases 89.8%, with GWP at $206.8m and improved CoR
3rd August 2026
Ategrity Specialty Insurance Company Holdings has announced its financial results for the second quarter of 2026, reporting a net income of $33.5 million, gross written premiums (GWP) of $206.8 million, and a combined ratio below 85.9%. Net income saw a 89.8% increase when compared to Q2 2025, with GWP increasing 23.4% ... Read the full article
Aviva secures £300m buy-in with Elementis Group Pension Scheme
3rd August 2026
Aviva, the UK insurer and provider of wealth and retirement services, has completed a £300 million bulk purchase annuity (BPA) buy-in with the Trustee of the Elementis Group Pension Scheme, covering the defined benefit liabilities of around 4,500 members. The insurer said the transaction, which completed in May 2026, also enables ... Read the full article
Cover Genius to accelerate embedded protection across European banking with Friendsurance acquisition
3rd August 2026
Cover Genius, the global infrastructure for embedded protection, has acquired Friendsurance, the Berlin-based insurtech and digital bancassurance platform for insurers and banks. Through this transaction, Cover Genius combines its global infrastructure with Friendsurance's deep local regulatory expertise and bank-grade technology to deliver regulatory-ready, data-driven bancassurance infrastructure for DACH (Germany, Austria, and ... Read the full article
Ageas sells stake in Malaysian joint venture to Maybank for €1.1bn
3rd August 2026
Ageas has agreed to sell its 30.95% stake in its joint venture, Maybank Ageas Holdings Berhad (MAHB), to Malayan Banking Berhad (Maybank) for total cash consideration of €1.1 billion. Ageas entered the Malaysian market in 2001 through the joint venture with Maybank and expanded its activities into Singapore in 2014. The ... Read the full article
Guy Carpenter says Southern Europe wildfires highlight growing resilience challenge
3rd August 2026
Global reinsurance broker Guy Carpenter, a Marsh business, says the latest wave of wildfires across southern Europe highlights how wildfire risk is becoming a broader resilience challenge, with the economic consequences increasingly extending beyond direct property damage. Although the scale of the fires has been significant, Guy Carpenter said insured losses ... Read the full article
Verisk says insured losses from Kumamoto Earthquake in Japan could hit $2.1bn
3rd August 2026
According to initial estimates by the Catastrophe and Risk Solutions group at Verisk, a data analytics and technology provider to the global re/insurance industry, the 6.8 magnitude earthquake that struck near Kumamoto City on Japan's Kyushu Island on 28 July will result in insured losses of between JPY 220-340 billion, ... Read the full article
Tokio Marine backs Kita with strategic investment and expanded partnership
3rd August 2026
Following the announcement of Tokio Marine Group's strategic investment in Kita, the specialist carbon insurer and Lloyd's of London coverholder plans to expand its collaboration across the group, working with additional Tokio Marine companies to bolster the growth and integrity of global carbon markets. The investment reportedly builds on Kita's existing ... Read the full article
mea appoints Fernando Villar as Managing Director, EMEA Strategic Accounts
3rd August 2026
mea, an AI-native technology company built specifically for the global insurance and reinsurance industry, has announced the appointment of Fernando Villar as Managing Director, EMEA Strategic Accounts. In his new role, Villar will lead senior client engagement and strategic account development across insurers, reinsurers, brokers and MGAs. He will focus on identifying ... Read the full article
The Baldwin Group’s Q2’26 total revenue rises 30%, net loss stands at $56m
3rd August 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, has announced its financial results for the second quarter of 2026, reporting a 30% increase in total revenues to $492.9 million, despite a net loss of $56 million. Total revenues increased 30% in Q2 2026, compared to the $376.2 million reported ... Read the full article
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