Reinsurance News
Simon Hunt to serve as HDI’s interim CEO, Ger Twomey named interim CFO
8th January 2026
HDI Global has appointed Simon Hunt, its current Chief Financial Officer (CFO) for HDI Global UK & Ireland, as interim Chief Executive Officer, while Ger Twomey will serve as interim CFO. The two appointments are effective February 1st, 2026 and subject to regulatory approvals. These follow the departure of Stephanie Ogden, ... Read the full article
PERILS puts Queensland & New South Wales November SCS industry loss at AUD2.663bn
8th January 2026
The Queensland and New South Wales severe convective storm (SCS) outbreak between 21st and 27th November 2025 is estimated to have caused an insurance industry loss of AUD 2.663 billion, according to PERILS, the Zurich-based catastrophe insurance data provider. PERILS' initial industry loss estimate is based on data collected from affected ... Read the full article
Verisk names Tim Rayner as CEO of General Insurance for UK&I and SBS
8th January 2026
Verisk, a global data analytics and technology provider to the insurance industry, has announced the expansion of Tim Rayner’s responsibilities to include leadership of its underwriting and claims businesses in the United Kingdom and Ireland, as well as its global Life, Health and Travel business. In addition, Rayner will continue to ... Read the full article
Paolo Ghirri promoted to CEO of Munich Re Italia
8th January 2026
Munich Re has appointed Paolo Ghirri as Chief Executive Officer of Munich Re Italia, effective 1 January 2026. Ghirri, who has been with Munich Re Italia for over 35 years, has built a career marked by continuous growth and positions of increasing responsibility, including important roles outside the company. The role of ... Read the full article
Brit to begin writing Property D&F in Bermuda
8th January 2026
Specialist insurer Brit Group Holdings Limited is set to write Property D&F business in Bermuda through Brit Re, its reinsurance arm, led by Tom Ayton, Vice President, Property D&F. From January, Brit Re will write US and Global Property D&F with a focus on US-based complex risks. The core appetite of the ... Read the full article
Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings
8th January 2026
Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the firm's treaty reinsurance offerings in the US market. To serve in his new role, Keith will relocate to the US later this year. This leadership transition ... Read the full article
Brett Gillmon appointed U.S. Property Practice Leader for Lockton
8th January 2026
Private insurance broker Lockton has announced the appointment of Brett Gillmon as U.S. Property Practice Leader, an Atlanta-based role. Gillmon will leverage his three decades of industry experience to oversee the strategic direction and continued growth of Lockton’s property offerings across the U.S. He will report to Devin Beresheim, Lockton’s U.S. Risk ... Read the full article
Jackson and TPG form long-term strategic partnership, capitalising Hickory Re
8th January 2026
Jackson Financial Inc., a U.S. retirement services firm, has entered a long-term strategic partnership with TPG Inc., a global alternative asset manager, with TPG’s investment to be used for the initial capitalisation of Jackson’s new Michigan-based captive reinsurer, Hickory Brooke Reinsurance Company (Hickory Re). The partnership combines Jackson’s annuity product expertise ... Read the full article
Carbon names Rebecca Ince as Chief Operating Officer
8th January 2026
Carbon Underwriting Limited, a specialist independent managing general underwriter and Lloyd’s Syndicate CBN 4747, has appointed Rebecca Ince as its new Chief Operating Officer (COO), effective January 5th, 2026. In her new role, Ince will oversee all day-to-day operations at Carbon, including the technology, data, operations, compliance, and risk teams. She ... Read the full article
InnSure launches climate innovations incubator platform, Creation Labs
7th January 2026
Non-profit climate change-related insurance risk financing company InnSure has launched Creation Labs, its flagship climate innovations incubator platform created in partnership with GreenieRE. InnSure explained that Creation Labs is a launch and growth platform that will foster the development of new climate risk management products and accelerate their go-to-market time. "By matching ... Read the full article
Chubb welcomes Jimaan Sané as Head of Growth, Global Cyber
7th January 2026
Large US insurer Chubb has announced the appointment of Jimaan Sané as Head of Growth, Global Cyber, effective immediately. In his new role, Sané will be responsible for overseeing the performance and expansion of Chubb’s global cyber growth strategies. He will also collaborate with global distribution and underwriting teams, to deliver Chubb’s ... Read the full article
Ark cuts Outrigger Re size as traditional quota share use rises for 2026
7th January 2026
White Mountains Insurance Group’s specialty P&C re/insurance subsidiary, Ark Insurance Holdings Limited, has renewed Outrigger Re Ltd at a smaller size for business incepting during calendar year 2026, reflecting increased use of traditional quota share reinsurance. As in 2025, the reinsurance sidecar entered into a quota share with Ark to ... Read the full article
Swiss Re’s Paloma Quiroga Arias joins RenRe as SVP, Client Data & Analytics
7th January 2026
RenaissanceRe (RenRe), a global property and casualty reinsurer, has appointed Paloma Quiroga Arias as Senior Vice President (SVP), Client Data & Analytics. Arias brings extensive experience in reinsurance, corporate strategy, research, data analysis, and consulting. She joins RenRe from Swiss Re, where she spent nearly three years serving as Head of Risk ... Read the full article
Competition to challenge property reinsurers’ hard market insulation: USI
7th January 2026
The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, according to USI Insurance Services’ 2026 Commercial Property & Casualty Market Outlook Report. As the market shifts, the current rates, attachment points, and terms that reinsurers have fought to maintain are facing significant challenges from ... Read the full article
MS Reinsurance appoints Lutz Honstetter as Chief Investment Officer
7th January 2026
MS Reinsurance (MS Re), a Switzerland-domiciled global reinsurer, has announced the appointment of Lutz Honstetter as Chief Investment Officer (CIO). In his new role, Honstetter will be responsible for shaping the company’s long-term investment strategy. Based in Zurich, he will report directly to Robert Wiest, Chief Executive Officer of MS Re, ... Read the full article
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