Reinsurance News
Lockton strengthens Asia leadership with new Malaysia and India CEOs
7th May 2026
Lockton, an independent insurance broker, has strengthened its leadership across Asia, with Nicholas Lee joining Lockton Sime as CEO Designate of Malaysia, while Jaideep Sharma has been appointed CEO of India. In his new role, Lee will work with the team to build on strong foundations and scale a high-performing, client-centric ... Read the full article
Amwins acquires energy & infrastructure broker NARDAC
6th May 2026
Amwins, a global distributor of specialty insurance products, has acquired NARDAC, a brokerage specialising in energy and infrastructure. This move follows Amin's initial investment in NARDAC in 2020 and the recent purchase of the remaining privately held shares. According to the announcement, NARDAC’s specialist wholesale, reinsurance and underwriting services will be ... Read the full article
BMS Group adopts mea Platform’s AI products for advance placement efficiency
6th May 2026
BMS Group, an independent insurance and reinsurance broker, has adopted mea Platform's broking operations products, which are a part of its operational suite, to enhance placement efficiency and drive digital transformation. mea Platform is an AI product company serving the re/insurance sector. The broker states that this move is driven by ... Read the full article
Allianz to transfer commercial cyber insurance business to Coalition in new partnership
6th May 2026
Allianz Commercial and Coalition, an active insurer focused on preventing digital risks, today announced a transformative, strategic agreement to expand their cyber insurance partnership. This agreement makes Coalition Allianz's exclusive global partner for commercial cyber insurance across all segments. By transitioning its commercial cyber insurance business to Coalition, Allianz is combining the ... Read the full article
Ryan Specialty Underwriting Managers announces senior promotions at Velocity Risk
6th May 2026
Ryan Specialty, a speciality insurance firm providing distribution, underwriting, product development and risk management services, has announced leadership promotions within its underwriting management arm, Ryan Specialty Underwriting Managers (RSUM). The changes apply to Velocity Risk Underwriters, a technology-enabled managing general underwriter focused on complex commercial property catastrophe risks. The company has confirmed ... Read the full article
Hannover Re lifts dividend 39% following record 2025 results
6th May 2026
Hannover Re’s latest Annual General Meeting (AGM) has approved a proposal from the Executive and Supervisory Boards to pay a dividend of €12.50 per share, reflecting the reinsurer’s updated dividend policy for the 2025 financial year. The payout represents a 39% increase on the previous year, bringing the total distribution to ... Read the full article
Gallagher launches AI-powered Blueprint framework to optimise insurance programmes
6th May 2026
Gallagher, an insurance brokerage, risk management and consulting firm, has announced the launch of Gallagher Blueprint, a strategic framework designed to help clients strengthen their risk profile and structure more cost-efficient insurance programmes. Gallagher Blueprint combines AI-driven analytics with Gallagher’s proprietary data and deep niche expertise. Built on Gallagher’s established sales methodology, ... Read the full article
Fuse unveils global expansion of real-time peril layer Watch
6th May 2026
Commercial insurance intelligence platform Fuse has expanded the scope of Watch, its real-time peril intelligence layer built for the entire insurance value chain. Fuse announced the general availability of Watch in April this year, unveiling a product that plots every active US peril on a single live map, purpose-built for ... Read the full article
IGI’s underwriting income rises to $37.7m as CoR improves to 89.1% in Q1’26
6th May 2026
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has reported underwriting income of $37.7 million for the first quarter of 2026, up 35.1% from $27.9 million in the same period a year earlier, with an improved combined ratio of 89.1% compared to 94.4%. IGI attributed the improvement ... Read the full article
Atrium appoints Naveed Haque as Head of Casualty Reinsurance
6th May 2026
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of Naveed Haque as Head of Casualty Reinsurance. In this role at Atrium, he will be responsible for building and developing the company’s Casualty Reinsurance portfolio, with an emphasis on sustainable growth and disciplined underwriting performance within Atrium’s wider casualty offering. Haque ... Read the full article
MSIG USA names Pat Dougherty as Head of Surety
6th May 2026
MSIG USA, the US insurance subsidiary of Mitsui Sumitomo Insurance Group, has appointed Pat Dougherty as Head of Surety, tasking him with overseeing the strategic direction and expansion of the business, reporting to Dan Riordan, Head of Political Risk and Trade Credit. Dougherty offers close to 20 years of experience in ... Read the full article
Insurers seen as broadly resilient under severe climate disaster stress tests: S&P
6th May 2026
S&P Global Ratings, a global credit rating agency that assesses the creditworthiness of organisations and financial instruments, has said the insurance sector continues to face rising losses from extreme weather, while still showing strong overall financial resilience under severe stress scenarios. In a report published on 4 May 2026 entitled Charts ... Read the full article
AIG agrees $710m sale of remaining Corebridge stake
6th May 2026
American International Group (AIG) has reportedly agreed to sell about 25 million shares of Corebridge Financial, Inc. common stock, effectively exiting its remaining stake, for net proceeds of approximately $710 million. The sale, expected to close on May 7, follows AIG’s 2024 confirmation that it had met the requirements to ... Read the full article
Howden Re introduces Cygenesis framework for analysing cyber market cycles
6th May 2026
Howden Re, the reinsurance arm of the Howden Group, has published Cygenesis: Origins of cyber market cycles, a new report examining how different insurance and capital market cycles can be combined into a single framework for understanding the cyber market. The study explores influences shaping the current soft market and outlines ... Read the full article
Swiss Re names Galligan as Head of Transactions for L&H Re
6th May 2026
Swiss Re has appointed Dean Galligan as Head of Transactions for the Life & Health Reinsurance (L&H Re) Business Unit, effective 1 August 2026. He joins Swiss Re from Phoenix Group, where he served as Chief Capital Officer and was a member of the FTSE 100 Group Executive Committee. Galligan will be ... Read the full article
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