Reinsurance News
Stephen Catlin steps down as Chairman of Convex Group Board
25th March 2026
Convex Group Limited, the international specialty insurer and reinsurer, has announced that Stephen Catlin will step down from his role as Chairman of the Board, but will remain a director. Catlin has been given the honorary title of Founder and Life President, where he will continue to provide strategic counsel to ... Read the full article
Liberty Specialty Markets adds Kevin Demmon as Property Divisional Director
25th March 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kevin Demmon to the newly created role of Property Divisional Director, effective March 19th, 2026. In the new role, Demmon is based in London and reports to Henry Nelson, Chief Underwriting Officer and Active Underwriter, UK and MENA. He assumes ... Read the full article
L&G appoints Sarah Spooner as Chief Customer Officer
25th March 2026
Legal & General (L&G) has announced the appointment of Sarah Spooner to the newly created role of Chief Customer Officer (CCO) across its Retail and Institutional Retirement businesses. The role brings together responsibility for customer and client service across both business areas for the first time. This reflects L&G’s strategy to ... Read the full article
MS Amlin expands French footprint with WeSpecialty binder agreement
25th March 2026
Lloyd’s global re/insurer MS Amlin has signed a new binder agreement with French MGA WeSpecialty to provide contract frustration and credit risk cover for the French export sector. According to MS Amlin, the partnership will further enhance its distribution footprint while giving French insureds and brokers targeted access to its Lloyd’s-backed ... Read the full article
DUAL UK introduces Credit Risk Insurance solution to sustain cross-border transactions
25th March 2026
DUAL UK, the underwriting arm of Howden Group Holdings, has launched a new Credit Risk Insurance (CRI) solution aimed at helping clients manage the challenges associated with cross-border trade and investment. As a specialist managing general agent within the insurance market, DUAL UK provides underwriting expertise across a range of products. ... Read the full article
Berkshire (BHSI) introduces new Executive First D&O insurance policies in Switzerland
25th March 2026
Berkshire Hathaway Specialty Insurance (BHSI), part of the Berkshire Hathaway group, has announced the launch of two new Executive First Directors & Officers (D&O) liability insurance policies in Switzerland. The new policies are designed separately for commercial and industrial organisations, and for financial institutions and investment managers. These primary D&O offerings underline ... Read the full article
Readhunt gains Lloyd’s of London Broker registration
25th March 2026
Readhunt, an independent insurance broker providing UK businesses with sector-specific expertise and tailored cover, has received Lloyd’s of London Broker registration. The accreditation broadens the firm’s ability to offer customised insurance solutions across multiple sectors, marking an important point in its strategic development. The registration allows Readhunt to access Lloyd’s syndicates directly, ... Read the full article
Aon names Cedillo Mejía CEO, Commercial Risk & Human Capital, Mexico, Caribbean & Central America
25th March 2026
Global insurance and reinsurance broking group Aon has announced the appointment of Julio Adolfo Cedillo Mejía as CEO, Commercial Risk and Human Capital for Mexico, Caribbean and Central America. The transition to the new role is set to take effect on 1 May, 2026. “With 22 years of experience at the company, ... Read the full article
Niyam receives Lloyd’s approval for Syndicate 2047, appoints Chairman
25th March 2026
Newly launched Niyam Group has announced that it has received approval from Lloyd’s of London for Syndicate 2047 and granted permission to underwrite, alongside the appointment of Devesh Srivastava as Chairman of the Group. Established at the beginning of 2026, Niyam is focused on building a reinsurance platform that connects ... Read the full article
US P&C industry achieved higher underwriting profit in 2025: AM Best
24th March 2026
The US property and casualty (P&C) industry recorded a $60.9 billion net underwriting gain in 2025, a significant increase from the $22.1 billion gain generated in the previous year, reports AM Best. According to the global rating agency's First Look: 2025 US Property/Casualty Financial Results, these improved results were driven by ... Read the full article
Shepherd secures $42m Series B as construction insurance demand grows
24th March 2026
Shepherd, an insurance technology platform for commercial industries, has successfully closed a $42 million Series B funding round, led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures, and additional investors. The new capital aims to support team expansion, driven by the escalating demand for quicker and more precise ... Read the full article
Secondary reinsurance market key to improved capital efficiency: Howden
24th March 2026
A new report from Howden has articulated a framework for introducing structured secondary trading for reinsurance, noting that such a development would allow carriers to more efficiently allocate risk and, in turn, improve overall capital utilisation. The report emphasised reinsurance as a form of contingent capital, noting that by absorbing losses, ... Read the full article
APRA warns climate pressures could widen Australia’s home insurance protection gap
24th March 2026
The Australian Prudential Regulation Authority (APRA) has released its Insurance Climate Vulnerability Assessment (Insurance CVA), a prudential stress test showing how climate-driven pressures on insurance premiums could significantly widen the home insurance protection gap and weaken the resilience of Australia’s financial system. APRA’s Insurance CVA examined how home insurance coverage may ... Read the full article
JBA Risk Management launches updated Global Flood Model
24th March 2026
JBA Risk Management, a UK-based flood science specialist, has extensively updated its Global Flood Model, enhancing it with updated hazard maps, an extended range of future climate event sets, while improving processing speed and exposure disaggregation. These developments aim to enable reinsurers, insurers, brokers, risk managers, and asset managers to better ... Read the full article
Westfield Specialty promotes Katie MacGregor to COO
24th March 2026
Westfield Specialty International, a specialty insurance provider, has announced the promotion of Katie MacGregor to Chief Operating Officer (COO). In her role, MacGregor will lead operational functions across the international business — covering the UK, Middle East, and Europe — working closely with senior leadership to support growth in these markets. ... Read the full article
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