Reinsurance News

Improved P&C insurance Q3‘25 underwriting results driven by US personal lines: AM Best

14th January 2026

Despite a turbulent 2025 start, marked by devastating California wildfires and multiple severe convective storms, the US property & casualty (P&C) insurance industry successfully recovered through the third quarter, driven largely by sustained momentum in personal lines, which managed to offset Q1 losses, AM Best stated in a recent report. By ... Read the full article

OnRe & Rhodium Re in $150m partnership to expand ONyc underwriting distribution

14th January 2026

Global property and specialty reinsurer tokenized with ONyc, OnRe, has collaborated with Dubai-based managing general agent, Rhodium Re, to combine its capital base with Rhodium's underwriting presence, providing OnRe with direct access to underwriting expertise, established carrier relationships, and a scalable distribution presence. OnRe is a full licensed, collateralized reinsurer and ... Read the full article

Global Parametrics brings parametric protection to rural women farmers across India

14th January 2026

Global Parametrics, part of the CelsiusPro Group, has partnered with Frontier Markets, a rural social commerce platform, to launch a gender-smart parametric insurance solution in India. This product has been specifically designed and is initially being piloted to protect smallholder women farmers in four North-West India districts across Rajasthan and Uttar ... Read the full article

Wattanaumphaipong joins Great American Insurance’s Singapore branch

14th January 2026

Great American Insurance Group, a property and casualty insurer, has announced the appointment of Nattakorn Wattanaumphaipong as Senior Director, Technical Underwriting for its Singapore Branch. In his new role, Wattanaumphaipong will oversee technical underwriting and portfolio management, executing underwriting strategies that support the Singapore Branch’s business expansion plan. He will collaborate with ... Read the full article

PIC concludes £213m full buy-in for Siemens Healthineers UK benefit scheme

14th January 2026

Specialist insurer PIC has completed a £213 million full buy-in with the Trustees of The Siemens Healthineers Benefits Scheme in the United Kingdom, securing the benefits of 703 pensioners and 967 deferred members and dependants. Siemens Healthineers supplies healthcare equipment and services, including imaging, diagnostics, cancer care, and minimally invasive therapies, ... Read the full article

Allianz Re appoints Florian Steiner as Head of Capital and Legacy Solutions

14th January 2026

Allianz Reinsurance, part of global insurer Allianz, has appointed Florian Steiner as Head of Capital and Legacy Solutions. In his new role, Steiner will oversee capital management and legacy and run-off activities for Allianz Re across Property & Casualty and Life & Health reinsurance. He will report to the Chief Underwriting ... Read the full article

Hiscox strengthens delegated authority and alternative risk solutions with new division

14th January 2026

Hiscox London Market is strengthening its position in the delegated authority and alternative risk sectors with the launch of a new division, Hiscox Portfolio Solutions. The division will consist of four distinct but complementary teams: Alternative Risk, Beta-Follow, Global MGA, and Structured Solutions. Alternative Risk, written within Hiscox London Market since 2015, ... Read the full article

Nick Line joins CFC as Chief Underwriting Officer

14th January 2026

Specialist insurance provider, CFC has announced the appointment of Nick Line as Chief Underwriting Officer (CUO), taking over the role from Matt Taylor, who has served as interim CUO since February 2025. A former CUO at Markel International, Line brings a wealth of actuarial expertise and a track record of managing ... Read the full article

Cyber tops global business risks as AI surges: Allianz Risk Barometer 2026

14th January 2026

Allianz Risk, part of the Allianz Group and a provider of insurance solutions and risk consulting for commercial and corporate clients, has published the Allianz Risk Barometer 2026, outlining the most significant risks expected to affect businesses worldwide over the coming year. The findings show that cyber incidents continue to be ... Read the full article

FM expands capacity to strengthen support for data centres and digital infrastructure

14th January 2026

FM, a commercial property insurer, has announced a major increase in capacity to support its global FM Intellium clients and the data and power generation sectors, providing unmatched coverage limits and risk management expertise. Building on nearly 200 years of engineering experience and partnerships with businesses worldwide, FM can now offer ... Read the full article

ESA and LM Re sign MoI to explore potential of space applications in parametric insurance

14th January 2026

The European Space Agency’s (ESA) Business Applications and Space Solutions (BASS) has signed a Memorandum of Intent (MoI) with Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, marking the start of a three-year collaboration. The collaboration aims to explore how space applications can support the development of parametric ... Read the full article

QBE strengthens European Media PI team

14th January 2026

QBE, an international insurance provider, has welcomed Lucy Smith and Hannah Dennis ahead of the rollout of its new Media Professional Indemnity (PI) product for its European Operations division. Smith joins as Senior Media PI Underwriter, and Dennis takes on the role of Media PI Underwriter. Both will be based in ... Read the full article

AXA XL Reinsurance announces key leadership promotions

14th January 2026

AXA XL, a re/insurer, has announced key promotions within its reinsurance division, effective 1 January 2026, Julian Longbottom has been promoted to Global Head of Marine & Energy, Reinsurance, while Jamie Pedro has been appointed Head of Specialty, Reinsurance, Bermuda. In his new role, Longbottom will oversee AXA XL Reinsurance’s Marine ... Read the full article

Grant Hollyman joins Gallagher Re from Aon to lead Australia & New Zealand operation

14th January 2026

Global reinsurance broker Gallagher Re has appointed Grant Hollyman as Chief Executive Officer (CEO) of Australia & New Zealand, based in the firm's Sydney office, Reinsurance News understands. Hollyman will join Gallagher Re from Aon in April 2026 following his notice period. At Aon, he most recently served as Casualty Leader, ... Read the full article

Sedgwick launches London-based Global Specialty platform

14th January 2026

Sedgwick has launched a new Global Specialty platform, which the firm describes as a forward-looking, dedicated solution for managing the largest and most complex losses. According to Sedgwick, the new Global Specialty platform reflects its response to evolving global claims trends, changing client demand, macroeconomic shifts in commerce, and a commitment ... Read the full article