Reinsurance News
Aerospace reinsurance renewals more benign than expected despite claims pressure: WTW
5th March 2026
At the end of 2025, aerospace reinsurance underwriters were expected to impose tougher renewals as they struggled under the weight of significant claims, however, direct insurers were able to negotiate relatively benign renewals at the start of 2026, according to WTW. In its recent Aerospace Insurance Market Renewal Outlook, WTW noted ... Read the full article
Oneglobal Broking announces new regional leadership for Colombia & Central America
5th March 2026
Oneglobal Broking, an international insurance and reinsurance brokerage group providing specialist risk advisory and placement services across global markets, has announced new leadership appointments in Colombia and Central America as part of its efforts to further consolidate its regional structure. Ernesto de Lima has been appointed Chairman for Colombia and Central ... Read the full article
Citizens rates fall as policy count decline drives lower reinsurance demand
5th March 2026
Rates are continuing to fall at Citizens Property Insurance Corporation, reflecting a shrinking exposure base as policy counts decline and Florida’s property insurance market stabilises. Regulators approved an average 8.8% rate reduction for homeowners multiperil policyholders this week, with wind-only customers seeing an average 5.5% cut, as the Florida Office of ... Read the full article
BirdsEyeView launches AI Data Scrubbing to streamline hazard modelling
5th March 2026
BirdsEyeView, a European Space Agency-backed Insurtech specialising in natural catastrophe modelling and exposure management, has launched AI Data Scrubbing, a new capability designed to automate Statement of Values (SOV) data cleaning and geolocation to support large-scale hazard modelling. AI Data Scrubbing uses advanced artificial intelligence (AI) to clean, standardise and geolocate ... Read the full article
Liberty Mutual’s net income rises 55% for FY’25 amid lower cat losses
5th March 2026
Liberty Mutual Holding Company Inc. (LMHC), a global property and casualty insurer, has reported full year 2025 net income growth of 55% to $6.8 billion, compared to $4.4 billion for FY’24, with an improved combined ratio of 88.4% compared to 95.9% for FY’24. Net income rose by 37.1% to $1.7 billion ... Read the full article
Ariel Re appoints Sarah Morgan and Reed Gaglio to property leadership roles
5th March 2026
Global reinsurer Ariel Re has announced the appointments of Sarah Morgan as Head of Property and Reed Gaglio as Head of E&S Property Reinsurance, both effective 1st April, 2026. Morgan succeeds Mike Cornish, who has held the role at Ariel Re since 2018. Cornish will continue with the company in a ... Read the full article
Property-cyber blended structures emerge as solution to costly tail risk: Gallagher Re
5th March 2026
While capacity remains plentiful for standalone cyber reinsurance, tail layers remain expensive due to high capital charges, model uncertainty and systemic risk, prompting a search for more efficient structures, with Gallagher Re arguing that blending cyber tail risk with uncorrelated property catastrophe exposures in shared-limit structures could materially reduce pricing ... Read the full article
RGA names Logan Blake as President of Bermuda Operations
5th March 2026
Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has announced the appointment of Logan Blake as President of Bermuda Operations. Blake brings more than 20 years of actuarial experience across multiple practice areas, including reinsurance, product development, individual life and annuities, Bermuda EBS, US GAAP/STAT accounting, capital ... Read the full article
Pool Re finalises renewal of £2.75bn retrocession placement
5th March 2026
Britain’s government-backed terrorism reinsurer, Pool Re, has completed the placement of its 2026 retrocession placement, securing £2.75 billion of aggregate excess of loss cover, including new cover for non-damage business interruption (NDBI). In terms of the size, the £2.75 billion of retro reinsurance protection secured through this 36 month placement is ... Read the full article
CyberCube flags elevated cyber risk from Iran following US-Israel strikes
5th March 2026
As tensions rise in the Middle East, CyberCube has issued a call to action for cyber insurance carriers, urging them to use threat-intelligence-informed analytics to assess and manage exposure to potential cyber operations by Iranian threat actors. A new blog, authored by William Altman, CyberCube’s Director of Cyber Threat Intelligence Services, ... Read the full article
Lancashire grew reinsurance premiums 8% in 2025
5th March 2026
Bermuda-based Lancashire Insurance Holdings grew premiums across its reinsurance segment by 8.1% year-on-year to $1.2 billion in the 2025 financial year, with each pillar contributing to growth, as Group profit after tax decreased by 9% to $293.4 million amid higher costs from weather and large loss events. Across the business, gross ... Read the full article
AI deployment in early stages, underwriters cautious on data centre opportunity, say analysts
5th March 2026
At the 2026 Association of Insurance and Financial Analysts (AIFA) conference, Autonomous analysts noted that AI adoption in insurance is still in its early stages, and also highlighted the strong interest in data centres, though underwriters remain cautious about aggregation exposure, limiting near-term growth potential. During the conference, analysts from Jefferies, ... Read the full article
Chubb promotes Richard Bracken to Head of Strategic Partnership Development
5th March 2026
Large US insurer Chubb has announced the promotion of Richard Bracken to Head of Strategic Partnership Development, APAC, Japan and International Digital, effective 1st March 2026. Bracken’s role has been expanded from his previous position as Regional Head of Consumer Partnerships, where he sourced strategic partnerships for Chubb in Asia Pacific, ... Read the full article
Ascot introduces “Ascot Guard” global security insurance solution
5th March 2026
Ascot, a specialty insurance and reinsurance provider, has introduced Ascot Guard, a worldwide security insurance solution created to provide broad protection for organisations and private individuals operating at home, internationally, and in high-risk or complex settings. Ascot Guard is tailored to serve a diverse client base across sectors such as Energy ... Read the full article
QBE Canada promotes Scott Pidduck to General Manager
5th March 2026
QBE, an international insurer and reinsurer, has announced the promotion of Scott Pidduck to the newly created role of General Manager for Canada, effective 1st April 2026. The General Manager role replaces the previous role of Director of Canada, which led the Canadian business. Based in Toronto, Pidduck will report to Kevin ... Read the full article
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