Reinsurance News
Peak Re targets sustainable growth in a more challenging market: CUO, Hough
18th September 2026
Peak Re, the global reinsurer, is targeting sustainable growth by broadening its capabilities and sharpening its strategic differentiation as competition intensifies and reinsurance pricing comes under increasing pressure, Chief Underwriting Officer (CUO) Philip Hough told Reinsurance News at the 2026 Rendez-Vous de Septembre in Monte Carlo. The Hong Kong-based global reinsurer ... Read the full article
Polo Insurance Managers supports launch of Guernsey-based Bitcoin life insurer
18th September 2026
Polo Insurance Managers, part of PoloWorks, a Marco Capital Group, has supported the establishment, licensing, and ongoing operation of Bitcoin Life, a newly formed Guernsey-based international life insurer trading as Perpetual21 Limited, to bring digital asset exposure into a regulated life insurance framework. Bitcoin Life has already received approval to operate ... Read the full article
Anthony Young joins Bermuda-based West Grove Re as CEO
18th September 2026
Anthony Young has joined recently launched Bermuda-domiciled reinsurance sidecar West Grove Re, Ltd as Chief Executive Officer (CEO). West Grove Re was established in August 2026 by Talcott Financial Group, a life insurance provider specialising in risk solutions, in partnership with Goldman Sachs, and has closed an approximately $1 billion ... Read the full article
ZEP-RE & Afreximbank strengthen partnership to build insurance and risk management expertise across Africa
18th September 2026
African Export-Import Bank (Afreximbank) and ZEP-RE (PTA Reinsurance Company) have partnered to build professional and institutional capacity in trade, insurance, reinsurance, risk management, and trade facilitation across Africa. The agreement was signed with a Memorandum of Understanding (MoU), bringing together Afreximbank Academy (AFRACAD) and ZEP-RE Academy to create and scale learning, ... Read the full article
Tanvee Mehta joins Aon as Alternative Risk Transfer Leader for Asia
18th September 2026
Insurance and reinsurance broker Aon has announced the appointment of Tanvee Mehta as its new Alternative Risk Transfer Leader for Asia. Mehta is joining Aon from Swiss Re Corporate Solutions, part of the global reinsurer, where she most recently served as Senior Structurer, Alternative Risk Transfer Solutions, APAC. The executive also served ... Read the full article
Beazley adds affirmative AI cover in cyber and tech E&O policies
17th September 2026
Specialty insurer Beazley is now including affirmative artificial intelligence (AI) cover in its cyber and tech Errors and Omissions (E&O) policies. Affirmative AI cover indicates that an insurance policy states explicitly in its wording that claims related to AI are included under coverage. The insurer's affirmative AI wording ... Read the full article
Iulia Stoican appointed Compliance Officer for Echo Re
17th September 2026
Iulia Stoican has been appointed as Compliance Officer of Swiss-based reinsurer Echo Reinsurance Limited. In addition to maintaining her responsibilities as Risk Officer and Deputy Chief Information Security Officer, Stoican’s role at Echo Re has expanded following her new appointment. Prior to this, she has actively supported the company across Information Security ... Read the full article
Allstate estimates August cat losses at $748m
17th September 2026
The Allstate Corporation, a US personal property and casualty insurer, has announced estimated catastrophe losses for the month of August of $748 million or $591 million, after-tax. The losses were generated by 21 events, with a single severe wind and hail event accounting for roughly half of the total impact. August’s figure ... Read the full article
Sean Ringsted appointed as Chief Scientist and EVP, Chubb Group
17th September 2026
Chubb Limited, a global insurance group providing property and casualty insurance, life insurance and related services, has appointed Sean Ringsted as Chief Scientist and Executive Vice President, Chubb Group, with immediate effect. Chubb said the newly established position will give Ringsted responsibility for overseeing the company's artificial intelligence, data and analytics ... Read the full article
Jensten strengthens Tech, Media, Cyber & Life Sciences division with VRG acquisition
17th September 2026
Jensten Group, a provider of insurance services in the UK, has agreed to acquire Venture Risks Group (VRG), a specialist technology-focused corporate broker. The transaction is expected to be completed in October 2026. Since its incorporation in 2018, VRG has an established reputation advising high-growth and innovation-led businesses. Read the full article
Marco Capital agrees to replace Coaction Global as reinsurer for R&Q’s Syndicate 1110
17th September 2026
Marco Capital's RITC Syndicate 1254, a specialised Lloyd’s syndicate that provides Reinsurance to Close (RITC) and legacy run-off solutions for P&C insurance portfolios, has replaced Coaction Global, Inc. as the reinsurer for R&Q’s Syndicate 1110, which was placed into run-off in July 2024. Polo Managing Agency, a wholly owned subsidiary of ... Read the full article
Video: Cultural alignment key to success of Nationwide and Ryan Re partnership, says Johnston & Issavi
17th September 2026
As the reinsurance market transitions from a period of relative stability, market stakeholders are looking for greater alignment, an approach which has made Nationwide and Ryan Re’s partnership so successful over the past seven years, according to Russ Johnston and Emil Issavi. For our latest ... Read the full article
Facultative reinsurance becomes strategic growth lever as market softens: Willis
17th September 2026
A new report from Willis, a WTW business, has found that facultative reinsurance is helping insurers capitalise on growth opportunities in a rapidly softening market, enabling them to maximise capacity, expand into new geographies, and navigate an increasingly complex risk landscape. Garret Gaughan, Global Head of Direct and Facultative at Willis, ... Read the full article
$2.6bn in NFIP subsidies remain five years into FEMA’s Risk Rating 2.0: Neptune Flood
17th September 2026
Five years after the rollout of Risk Rating 2.0, the National Flood Insurance Program (NFIP) still carries $2.6 billion in annual rate subsidies, a recent report by Neptune Flood has revealed. Risk Rating 2.0 is the Federal Emergency Management Agency’s (FEMA), a US government organisation, updated pricing methodology for the NFIP ... Read the full article
Miller appoints Andrew Yarwood as Senior Director in Marine team
17th September 2026
Miller, an independent specialist re/insurance broker serving clients across London and international markets, has announced the appointment of Andrew Yarwood as Senior Director within its Marine team. Yarwood joins Miller with more than 20 years of experience spanning marine insurance, legal services, claims and investigations. His background includes extensive work within ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
