Reinsurance News
Pen Underwriting adds Glover as Senior Development Underwriter, Northern Ireland
21st January 2026
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has appointed Darren Glover as Senior Development Underwriter for Northern Ireland. Glover joins Pen’s Commercial Risk Managed team, which serves brokers and clients across the UK, expanding its network of dedicated underwriting expertise to Northern Ireland. In the new role, Glover will facilitate ... Read the full article
2025 insured cat losses total $129bn, with US accounting for 78%, says Gallagher Re
21st January 2026
Gallagher Re, the reinsurance broking and advisory firm, released its full-year Natural Catastrophe and Climate Report for 2025, reporting that global natural catastrophe losses during 2025 were largely manageable for the re/insurance sector, with total insured losses for the year estimated at USD 129 billion, which is around 5% below ... Read the full article
Aon reveals new leadership team for its Commercial Risk CZ arm
21st January 2026
Aon Central and Eastern Europe (Aon CEE) has announced three senior leadership appointments for Aon Commercial Risk CZ, including Hana Pavelkova as Chief Executive Officer and a member of the Aon CEE board. In addition, Zuzana Petrelli has been appointed Chief Commercial Officer, while Kristyna Blechova has been named Chief Broking ... Read the full article
Infrastructure projects help fuel premium growth for US surety insurers: AM Best
21st January 2026
Federally funded infrastructure projects continue to drive premium growth in the US surety market, with underwriting profits for the line exceeding $2 billion for a third consecutive year in 2024, according to a recent report by AM Best. The rating agency said that federally funded projects linked to the Infrastructure Investment ... Read the full article
Gallagher Re appoints Cimignani as Reinsurance Broker, Contract & Regulatory Specialist
21st January 2026
Global reinsurance broker Gallagher Re has announced the appointment of Audrey Cimignani as Reinsurance Broker / Contract and Regulatory Specialist for the France–Belux region. Cimignani brings more than a decade of experience in insurance law and risk management. She has expertise in structured life and non-life products, parametric solutions, and reinsurance ... Read the full article
Insured losses from catastrophic events across Canada total $2.4bn in 2025: CatIQ
21st January 2026
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has announced that insured losses from catastrophic events experienced across Canada totalled CAD 2.4 billion in 2025. According to the Institute for Catastrophe Loss Reduction (ICLR), uninsured losses amounted to a further $1.0 billion, bringing total societal losses for ... Read the full article
Altea Insurance appoints Chloe Archer as Medmal Underwriter
21st January 2026
Altea Insurance (Altea), the multi-class, multi-year Managing General Agent (MGA) specialising in the healthcare and medical sectors, has announced the appointment of Chloe Archer as an underwriter. In her new role, Archer will be based in London and will report directly to Carly Matson, CEO of Altea. She brings nearly a decade ... Read the full article
TD Cowen highlights Moody’s concern over 2027 P&C reinsurance outlook if recent trends continue
20th January 2026
Moody’s flagged concerns about the P&C reinsurance outlook for 2027 if recent trends of rate declines and incremental softening in terms and conditions continue into that year, TD Cowen reported following a recent call with the rating agency. On 16th January 2026, TD Cowen hosted a call on the 2026 outlook ... Read the full article
Everest appoints new leader and COO for its Fac & Hybrid Reinsurance business
20th January 2026
Bermuda-based Everest Group has strengthened its Global Wholesale & Specialty platform with new roles for Michael Cellura and Trevor Gallagher within its Facultative & Hybrid Reinsurance business. Cellura, who joined the re/insurer in 2022, has been appointed as Head of Everest's Facultative & Hybrid Reinsurance division. In his new role, Cellura ... Read the full article
Zurich Resilience Solutions launches specialised Data Center Risk Advisory practice
20th January 2026
Zurich Resilience Solutions (ZRS), part of Zurich Insurance, has announced the formation of a specialised Data Center Risk Advisory practice, featuring more than 100 engineers focused on risk prevention and mitigation throughout the entire life cycle of data centers, particularly hyperscale and AI-driven facilities. The formation of this practice significantly expands ... Read the full article
2025 marked cyclical peak for US P&C underwriting profitability: Swiss Re
20th January 2026
US property & casualty (P&C) premium growth and profitability are moderating as the market enters 2026, following an exceptionally strong 2025 that marked a "cyclical peak" for underwriting performance, according to a new report from the Swiss Re Institute. "We estimate US P&C industry ROE reached 15% in 2025, driven by ... Read the full article
Helios expects overall capacity for Lloyd’s syndicate portfolio of £467m for 2026 YOA
20th January 2026
Helios Underwriting, a provider of limited liability direct investment into the specialist Lloyd's insurance and reinsurance marketplace, expects 2026 managed capacity for its Lloyd's syndicate portfolio of £467 million for the 2026 Year of Account (YOA), an almost 5% decrease on 2025's £491 million. Although overall capacity is expected to be ... Read the full article
AXIS Capital report shows executive divides on AI risk and cyber preparedness
20th January 2026
AXIS Capital Holdings Limited, a specialty re/insurer, has published new research examining how artificial intelligence (AI) is reshaping the risk environment, based on perspectives from Chief Executive Officers and Chief Information Security Officers. In commissioning this study, AXIS Capital surveyed 500 CEOs and CISOs across the United States and the United ... Read the full article
HDI Global appoints Chubb’s Fraser Galbraith as Senior Underwriter, Engineering
20th January 2026
HDI Global SE, an international insurer specialising in commercial and industrial clients, has announced the appointment of Fraser Galbraith as Senior Underwriter, Engineering, based in Dubai. Galbraith brings more than 12 years of engineering experience to his new role. He joins HDI Global from Chubb, where he served as Senior Construction ... Read the full article
Aon finds severe convective storms now dominate global insured losses
20th January 2026
Aon, a professional services firm, has published its latest Climate and Catastrophe Insight report, setting out how severe convective storms have become the most expensive insured hazard of the 21st century, overtaking tropical cyclones. Drawing on Aon’s global data, analytics and catastrophe modelling expertise, the report explains how the rising frequency ... Read the full article
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