Reinsurance News
AI-powered wholesale broker Novella raises $21m for US expansion
14th May 2026
Novella, an artificial intelligence (AI)-powered wholesale insurance broker, has raised $21 million in capital to expand its presence, hire brokers, and develop its proprietary AI platform. The funding raise was led by Brewer Lane Ventures, and included Box Group; Crystal Venture Partners; SV Angel; Avid Ventures; Verissimo Ventures; Blank Ventures; and ... Read the full article
Insurance CEOs stress AI should not erode personalisation & face-to-face interaction: Sollers report
14th May 2026
Insurance leaders emphasised that artificial intelligence (AI) is fundamentally changing how insurers interact with people, stressing that the technology should enhance, rather than erode, empathy, personalisation, and face-to-face interaction, according to a recent report by Sollers Consulting. The report is based on insights from 11 CEOs of leading insurance companies worldwide. ... Read the full article
Malibu Life names Todd D. Shriber as CEO ahead of expansion plans
14th May 2026
Malibu Life, the Cayman Islands-based life insurance and reinsurance group listed on the London Stock Exchange under the ticker MLHL, has announced the appointment of Todd D. Shriber as its new Chief Executive Officer, effective 20 July 2026. Shriber will take over from Gary Dombowsky, who is stepping down from the ... Read the full article
Global multiline insurers’ earnings near peak levels in 2025: S&P
14th May 2026
S&P Global Ratings, the financial research and credit ratings agency, said the world’s largest global multiline insurers continued to post strong financial performances in 2025, supported by disciplined underwriting, solid investment returns, and resilient capital positions. In a new report, the company said the 15 global multiline insurers (GMIs) it rates ... Read the full article
Aviva sees 19% general insurance premium growth and improved CoR in Q1’26
14th May 2026
British insurer Aviva has reported general insurance (GI) premium growth of 19%, to £3.4 billion, and an improved Group undiscounted combined ratio of 94.1% for the first quarter of 2026. Comparably, in Q1 2025, the insurer reported £2.9 billion in GI premiums, and a combined ratio of 96.6%. Country-wise UK&I GI premiums ... Read the full article
Legacy market sees more complex capital relief structures: Compre CUO Bardon
14th May 2026
The legacy re/insurance market continues to evolve, with a growing shift towards purely capital relief structures that are increasingly complex and require creative, patient, long-term partners, according to Rachel Bardon, Chief Underwriting Officer (CUO) at Compre. In an interview with Reinsurance News during our visit to Bermuda, Bardon discussed the current ... Read the full article
QBE Re appoints Montassar Cherrak as Regional Head of Middle East and North Africa
14th May 2026
QBE Re, the reinsurance division of global insurance group QBE, has appointed Montassar Cherrak as its Regional Head of Middle East and North Africa (MENA). Based in Dubai, Cherrak will report to Houcine Zouaoui and will oversee QBE Re’s underwriting strategy across the MENA region. The appointment reportedly forms part of the ... Read the full article
KatRisk bifurcates business into two units: Intelligence & Tech
14th May 2026
KatRisk, a provider of catastrophic risk modelling software to the insurance and financial services industries, has formally introduced two core segments of its business: KatRisk Intelligence and KatRisk Technology. This bifurcation aligns the company's continued focus on connecting scientific innovation with real-world decision-making across the insurance and financial services industries. KatRisk said ... Read the full article
Economic uncertainty dominates while capital positioning remains strong: Moody’s
14th May 2026
Moody’s Ratings, a credit ratings and risk analysis agency, has published findings from its annual survey of chief financial officers across 27 leading European re/insurers. Moody’s reports that the European insurance sector in 2026 is primarily focused on macroeconomic uncertainty, with competitive pressures and geopolitical risk also ranking highly. Despite this cautious ... Read the full article
Ariel Re names Sammons as Active Underwriter of Syndicate 2006 following Lloyd’s approval
14th May 2026
Ariel Re, a global reinsurance business with offices in Bermuda, London, and Hong Kong, has appointed Richard Sammons as Active Underwriter of Syndicate 2006, following approval from Lloyd’s. In the role, Sammons will lead Syndicate 2006 and help drive Ariel Re’s continued emphasis on underwriting discipline and delivering sustainable returns across ... Read the full article
Pelagos Insurance sees Q1’26 combined ratio improve significantly to 86.8%
14th May 2026
Pelagos Insurance Capital Limited, formerly known as Fidelis Insurance Holdings Limited, recorded a group-wide underwriting income gain of $76.2 million for the first quarter of 2026, compared to a loss of $94.5 million in Q1'25, driven by a solid performance in both its insurance and reinsurance segments. In Q1'26, group-wide ... Read the full article
Accelerant grows Q1’26 exchange premium 16% as member base expands
14th May 2026
Accelerant Holdings has reported its Q1 2026 results, with exchange written premium rising 16% year-on-year to $1.14 billion and adjusted EBITDA increasing by more than 70% as the firm continued scaling its data-driven specialty insurance platform. Accelerant revealed that total revenues for Q1 2026 climbed to $273.3 million, up from $178 ... Read the full article
Price Forbes names Finn Cackett Joint Managing Director, A&H
14th May 2026
Price Forbes, a specialist insurance and reinsurance broker, has announced the appointment of Finn Cackett as Joint Managing Director, A&H, a London-based role. Cackett, an established figure in the A&H market, will leverage his 30 years of industry experience to develop and execute growth strategies, produce business, and designing new products. He ... Read the full article
China shielded from immediate supply shock despite Middle East tensions: Coface
14th May 2026
Trade credit insurance specialist Coface says China has so far avoided major supply disruption linked to ongoing tensions in the Middle East, although mounting energy costs are creating fresh pressure across the country’s industrial sector. In a new analysis, Coface states that China is in a stronger position than many other ... Read the full article
Charles Amblard joins Gallagher’s private capital and M&A solutions team in France
14th May 2026
Gallagher has announced the appointment of Charles Amblard as Senior Advisor within the EMEA arm of its global multidisciplinary Private Equity and M&A practice (PEMA). Amblard will be based in France, with responsibilities spanning across Europe, where he will drive new client relationship development and strengthen Gallagher’s footprint among M&A and ... Read the full article
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