Reinsurance News
LMG announces changes to its board
21st January 2026
The London Market Group (LMG) has announced several changes to its board, including the appointment of Chris Lay, CEO of Marsh UK, as its new Chair, succeeding Sean McGovern. Theo Butt, CEO, UK at Convex, also joins the board in place of Claire Macdonald, CEO of SCOR. This follows Read the full article
Travelers ‘meaningfully’ improved reinsurance coverage & renewed Fidelis QS at 1.1: CFO Frey
21st January 2026
Large US insurer Travelers was able to "meaningfully improve" its reinsurance coverage at the key January 1st, 2026, renewals, thanks in part to more favourable pricing, while the company also renewed its 20% quota share (QS) with Fidelis, Chief Financial Officer (CFO), Dan Frey, said recently. Earlier today, Travelers reported ... Read the full article
Rychling joins AXA XL as Head of Broker Relations, Large Commercial & Mid-Market, Americas
21st January 2026
AXA XL, the property and casualty division of global insurer AXA Group, has appointed Liz Rychling as Head of Broker Relations, Large Commercial and Mid-Market, for its Americas region. She will be based in New York, and report to Matt O'Malley, Chief Client and Distribution Officer for AXA XL in the ... Read the full article
AI integration expands insurance toolbox for tropical cyclone forecasting: Gallagher Re
21st January 2026
The 2025 hurricane season has marked the beginning of a “new era” of meteorology as official agencies now use artificial intelligence (AI) models to pinpoint storm formation, track and intensity, providing the insurance industry with more comprehensive and accurate near-term weather forecasts, according to Gallagher Re. While experts caution that one ... Read the full article
Aon names Neelay Patel as CEO of Malaysia
21st January 2026
Global professional services firm Aon plc, has announced the appointment of Neelay Patel as Chief Executive Officer of Malaysia, taking effect in March 2026, pending completion of regulatory approvals. Patel brings more than 20 years of experience across insurance and risk management, with a significant portion of his career focused on ... Read the full article
UK insurers set 2026 priorities around AI investment and external risk controls: Dun & Bradstreet
21st January 2026
Research published by Dun & Bradstreet, a provider of business decisioning data and analytics, suggests the UK insurance sector is approaching 2026 with a strong focus on technological advancement alongside tighter management of operational risk. The company’s findings show insurers are concentrating on expanding the use of artificial intelligence (AI) while ... Read the full article
Travelers renews cat XoL reinsurance with reduced retention and new $1bn lower layer
21st January 2026
Travelers has unveiled its renewed catastrophe excess-of-loss (XoL) reinsurance program for 2026, featuring a significant reduction in retention and the addition of a new lower layer. The 2026 program attaches at a $3 billion retention level, which marks a decrease from the $4 billion threshold in 2025. This change lowers Travelers' ... Read the full article
Travelers posts 26% rise in FY’25 net income as underwriting result strengthens
21st January 2026
US primary insurer The Travelers Companies, Inc. produced a stronger combined ratio for both the fourth quarter and full year 2025, as net income strengthened for both periods, while the firm reports record full year operating cash flows of $10.6 billion. Travelers has kicked off Q4 and FY'25 results season with ... Read the full article
Talbot strengthens specialty teams with key leadership appointments and promotions
21st January 2026
AIG's Talbot Underwriting has announced a series of strategic leadership appointments and promotions, a move that reflects its continued investment in talent and the strengthening of the firm’s underwriting capabilities. Mark Ladbrook has been promoted to Active Underwriter, Syndicate 1183, subject to regulatory approval. The executive has been with Talbot for 11 ... Read the full article
SiriusPoint partners with FASE to support the European MGA market
21st January 2026
SiriusPoint, a specialty insurer and reinsurer, has become a member of FASE (Fédération des Agences de Souscription Européennes), the pan-European federation for managing general agents. Founded in 2025, FASE unites MGAs across Europe with insurers, reinsurers, distributors, investors, and service providers. By creating a shared forum for connection and exchange, FASE ... Read the full article
Moody’s flags Zurich’s move for Beazley as catalyst for cyber consolidation
21st January 2026
Moody's has suggested that the proposed acquisition of Beazley by Zurich would be credit-positive for the Swiss insurer, accelerating its push to build leadership in specialty insurance and driving further consolidation in the cyber insurance market, where both are major players. On Monday, Zurich announced it had submitted an enhanced ... Read the full article
LMA appoints Argenta’s Nick Moore and Apollo’s Vinay Mistry to its Board
21st January 2026
The Lloyd’s Market Association (LMA) has announced the appointments of Nick Moore, Chief Executive Officer of Argenta, and Vinay Mistry, Chief Commercial Operations Officer of Apollo, to its Board. The LMA is governed by a Board that sets the overall strategy, direction, and priorities of the association. The Board is made ... Read the full article
AXA DCP to utilise ICEYE’s SAR data to track extreme weather events
21st January 2026
AXA Digital Commercial Platform (AXA DCP), an AI-powered risk management system, has struck a deal with ICEYE, the manufacturer and operator of the world’s largest synthetic aperture radar (SAR) microsatellite constellation, enabling it to track floods, wildfires, hurricanes and other extreme weather events with what the companies call an “unprecedented” ... Read the full article
Zurich reportedly planning Lloyd’s syndicate in case Beazley deal fails
21st January 2026
Mario Greco, Chief Executive Officer (CEO) of global insurer Zurich, has told the Financial Times (FT) that the company is preparing to launch a syndicate at the specialist Lloyd's insurance and reinsurance marketplace, as the carrier awaits a response from its latest proposal to acquire London-headquartered Beazley. On Monday, Zurich ... Read the full article
Karen Nordblom to serve as COO, Europe for Howden Re International
21st January 2026
Global reinsurance broker Howden Re has appointed Karen Nordblom as the Chief Operating Officer (COO) for Europe at Howden Re International, based in Stockholm. In her new role, Nordblom will lead the operational direction of the broker's European platform and branch network. Additionally, she will hold the Commercial Director mandate for Howden ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
