Reinsurance News
AXA expects ’26 underlying ROE at top end of target range as new strategy and financial targets announced
15th September 2026
AXA, the France-headquartered multinational re/insurance and asset management group, has unveiled its 2027-29 strategy, called “Growing Forward,” designed to deliver sustainable growth and market share gains at attractive margins. The insurer aims to do this through technical excellence and efficiency to support competitiveness and drive growth. The strategy intends to maintain ... Read the full article
MS Amlin bolsters Natural Resources team, expands into onshore construction
15th September 2026
MS Amlin, a global specialty commercial insurance and reinsurance provider and part of MS&AD, has appointed Robin Waller as Head of Natural Resources and Lead Underwriter, Upstream. Most recently, Waller served at Aspen as Head of Energy and Construction. He has 31 years of industry experience and has previously served for ... Read the full article
Rodríguez Moroni joins Gallagher as Director of Financial Lines, Iberia
15th September 2026
Gallagher, the global insurance broking and risk management group, has further expanded its growing Iberian team with the appointment of Verónica Rodríguez Moroni as Director of Financial Lines. In her new role, Rodríguez Moroni will be responsible for supporting large corporates and listed companies in Spain with their risk management and ... Read the full article
Anita Gabat named Head of Commercial Insurance, Zurich UK
15th September 2026
Large primary carrier Zurich has announced the appointment of Anita Gabat as Head of Commercial Insurance in the UK, succeeding Frank Streidl, who will take on a new global role as Head of Energy. Currently serving as Head of Property in Zurich’s UK commercial business, Gabat will ... Read the full article
IRB(Re) receives regulatory approval for new subsidiaries to start operations
15th September 2026
IRB-Brasil Resseguros S.A., known as IRB(Re), has received regulatory approval from Brazil’s Insurance and Reinsurance Regulator (SUSEP) for its new insurance units to commence operations. Back in June, the Brazilian reinsurance company - which provides risk transfer and reinsurance solutions to insurers in Brazil and overseas - announced the incorporation of ... Read the full article
Bermuda’s Verdant Rock secures 30% quota share reinsurance treaty with A+ rated panel
15th September 2026
Verdant Rock Limited, a Bermuda‑based Class 3B insurer and financial guarantor focusing on emerging markets, has closed a 30% quota share reinsurance treaty with a panel of leading global reinsurers, which carry an average financial strength rating of A+ from either AM Best or S&P. Designed to support Verdant ... Read the full article
Willis appoints Will Sare as Head of Corporate, Australia
15th September 2026
Willis, a WTW business, has announced the appointment of Will Sare as Head of Corporate, Australia. In his new role, Sare will be responsible for leading Willis’ Property and Casualty business across Australia. He brings extensive industry experience, having held various roles as an insurance broker, global risk manager and producer in ... Read the full article
Loss of senior underwriting expertise tops AI replacement fears, hx finds
14th September 2026
Commercial insurance underwriters fear losing senior expertise more than being replaced by artificial intelligence (AI), yet firms are investing least in preserving that knowledge, according to a recent hyperexponential (hx) survey. The hx Underwriting Edge Survey was conducted by independent research firm Coleman Parkes on behalf of hyperexponential. It surveyed 350 Chief ... Read the full article
Dave Przesiek named President & CEO of Ryan Specialty Benefits
14th September 2026
Ryan Specialty, a specialty insurance intermediary, has announced the appointment of Dave Przesiek as President & Chief Executive Officer (CEO) of Ryan Specialty Benefits, its Benefits division. Ryan Specialty Benefits provides differentiated specialty employee benefits solutions and services for retail agents and brokers, as well as third-party administrators. Przesiek succeeds John Zern, ... Read the full article
Bamboo Insurance launches IPO seeking up to $700m
14th September 2026
Bamboo Insurance Services, Inc. has launched the roadshow for its proposed initial public offering of 35,000,000 shares of its Class A common stock, with the selling stockholders seeking to raise between $630 million and $700 million at an expected price of between $18.00 and $20.00 per share. Initially announced on ... Read the full article
Kin reduces Florida home insurance rates by more than 20%
14th September 2026
Kin, a provider of insurance solutions for homeowners, has announced that it has reduced its homeowners insurance rates by an average of more than 20% for new and existing Florida policyholders in Broward, Miami-Dade, and Palm Beach counties, amid reforms and a softening re/insurance market. Angel Conlin, Chief Insurance and Compliance ... Read the full article
Groupama sees premium income rise 8.7% to €14bn in H1’26
14th September 2026
Groupama has reported net income of €560 million for H1 2026, while premium income reached €14 billion, an 8.7% increase from the same period last year. In terms of premium income, Groupama posted growth across all business lines in the first half of the year. Property and casualty insurance increased 5.6% to ... Read the full article
The Baldwin Group set to go private in $7.7bn deal led by Sequence and DFO
14th September 2026
An entity to be formed by Sequence Holdings and DFO Management (Dell Family Office) is set to acquire a majority interest in The Baldwin Group, Inc. in an all-cash transaction valued at approximately $7.7 billion, meaning Baldwin will become a privately held company. After mainstream media reports on the matter over ... Read the full article
Parametric insurance becoming a key tool to manage risk as temperatures rise: Swiss Re
14th September 2026
As global temperatures continue to rise, insurance is increasingly emerging as a critical tool for mitigating the financial strain caused by extreme heat, according to Swiss Re’s Rethinking resilience in the face of extreme heat report. In combination with adaptation measures, insurance transfers risk while delivering valuable financial signals about the ... Read the full article
Zurich’s £8.1bn Beazley acquisition to complete October 1 following regulatory clearance
14th September 2026
Zurich Insurance and Beazley have confirmed that Zurich's recommended all-cash acquisition of the London-headquartered specialist insurer is on track to take effect on 1 October 2026, after all required regulatory approvals were secured. In a joint update issued today, the two firms confirmed that every regulatory approval required for the transaction ... Read the full article
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