Reinsurance News
Cheryl Yi Min Poon joins Howden’s Multinational Client Practice
24th February 2026
Global insurance and reinsurance broker Howden has appointed Cheryl Yi Min Poon as Director, Multinational Client Practice. Cheryl is joining Howden following a ten-year tenure at Marsh Asia, where she most recently served as Vice President. She initially joined Marsh Asia in 2015 as a Client Manager, and was later appointed Assistant ... Read the full article
Solomon Islands records first climate risk insurance payouts following January heavy rainfall
24th February 2026
The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first payouts under Solomon Islands’ climate risk parametric insurance programme. The payments were triggered by the heavy rainfall event in January 2026 and were processed through ... Read the full article
QBE Asia names Chubb’s Carles Tondo as Head of Property, Asia
24th February 2026
QBE Asia has announced the appointment of Carles Tondo as Head of Property for Asia, effective immediately. Tondo will assume responsibility for the property portfolio from Brendan Dunlea, Regional Head of Construction and Engineering at QBE Asia, who will continue to lead the construction, engineering, renewables and power generation businesses, as ... Read the full article
AEGIS London appoints Neil Bayles Chief Information Officer
24th February 2026
Lloyd’s syndicate AEGIS London has announced the appointment of Neil Bayles as its Chief Information Officer (CIO), a newly created position. In his new role, Bayles will be responsible for developing and implementing the firm's IT strategy, ensuring it aligns with and supports the wider corporate objectives. A key aspect of his ... Read the full article
Cayman reinsurance assets surpass $100bn, says Cayman Finance
23rd February 2026
Cayman Finance, the representative body for the Cayman Islands’ financial services industry, has reported significant expansion in the jurisdiction’s reinsurance sector following publication of the 2025 Insurance Statistics by the Cayman Islands Monetary Authority (CIMA). Drawing on CIMA’s latest data, Cayman Finance states that the number of licensed reinsurance companies has ... Read the full article
Canopius and Globex Underwriting Services partner to expand global marine coverage
23rd February 2026
Canopius, a global specialty and P&C re/insurer, has announced that Canopius US Marine and Globex Underwriting Services have entered into a partnership to provide placement of local marine policies worldwide. Globex Underwriting Services, a division of Globex International Group, is an independent service provider supporting insurance carriers with their international needs. Through ... Read the full article
Newly launched Ancient Financial to acquire Bermuda-based F&G Re
23rd February 2026
Ancient Financial, a newly established financial services company specialising in life and annuity reinsurance and asset management, has entered into a definitive agreement to acquire Bermuda-based life and annuity reinsurer F&G Re from a subsidiary of F&G Annuities & Life, with the business to be renamed Ancient Re upon closing. Ancient ... Read the full article
UIB to strengthen cyber insurance capabilities with CyberCube partnership
23rd February 2026
United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has partnered with CyberCube, a provider of cyber risk analytics, to strengthen its cyber insurance capabilities and accelerate growth across Latin America and Asia. As part of this collaboration, UIB will adopt CyberCube’s Broking Manager and Prep Module to enhance ... Read the full article
Vistria to capitalise growth in specialty MGA market with Lumen acquisition
23rd February 2026
Lumen Holdings, LLC, a technology-enabled managing general agent (MGA) headquartered in Dallas, Texas, has been acquired by the Vistria Group, LP, a middle market private investment firm. The transaction positions Lumen as a new platform investment within Vistria's Financial Services strategy. This move, Vistria noted, reflects the culmination of several years of ... Read the full article
Africa Specialty Risks appoints Laxmeekant Walikar as Principal Officer & MD, India
23rd February 2026
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has announced the appointment of Laxmeekant Walikar as Principal Officer and Managing Director (MD), India. In his new role, Walikar will facilitate ASR’s entry into the Indian market through GIFT City in Gujarat, culminating in the establishment of ASR’s Lloyd’s service company for ... Read the full article
Economic environment remains leading emerging risk in Q4’25, reports Gartner
23rd February 2026
Gartner, Inc., a research and advisory firm, reported that a low-growth economic environment remained the top emerging risk in the fourth quarter of 2025. The findings come from the company’s Quarterly Emerging Risk Report, which gathers perspectives from enterprise risk management leaders, risk and assurance professionals, auditors and senior executives on ... Read the full article
Stonybrook launches new Excess Hired and Non-Owned Auto insurance program
23rd February 2026
Stonybrook Capital and Stonybrook Risk Management, a specialist strategic advisory and reinsurance intermediary, have successfully placed and launched a new Excess Hired and Non-Owned Auto (HNOA) insurance program. With PT Edwards as the managing general agent (MGA), the program is underpinned by robust reinsurance support from Florida Insurance and Reinsurance Co ... Read the full article
Humanitarian adoption of cat bonds faces cost, speed, and operational hurdles: Global Parametrics
23rd February 2026
A new report from Global Parametrics has noted that, while catastrophe bond structures can be robust and replicated across different triggers and territories, several hurdles still remain to their effective application in the context of humanitarian organisations. The parametric climate risk insurance provider, part of CelsiusPro Group, has therefore called for ... Read the full article
Angelo De Benedetto appointed Chief Commercial Officer of Guy Carpenter Italy
23rd February 2026
Guy Carpenter, a reinsurance broker, risk advisory firm and part of Marsh, has appointed Angelo De Benedetto as Chief Commercial Officer for its Italian operations. In his new role, De Benedetto will oversee and coordinate the firm’s commercial strategy in the country. His responsibilities include enhancing executive-level engagement with key partners and ... Read the full article
Reinsurance brokers have to be more multifaceted, says Howden Re’s Flandro
23rd February 2026
In a cycle marked by intense competition and abundant capacity, a “multifaceted” approach is needed from re/insurance brokers in order to meet the needs of modern global buyers, David Flandro, Managing Director, Howden Re’s Head of Industry Analysis and Strategic Advisory, argued in a recent video interview ... Read the full article
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