Reinsurance News
Fergus Re names Sharmini Samuels as Chief Underwriting Officer
31st December 2025
Bermuda-based collateralised reinsurer Fergus Re has appointed Sharmini Samuels as its new Chief Underwriting Officer (CUO), effective January 1st, 2026. This appointment follows that of Stewart Ritchie as Chief Executive Officer in October 2025, representing the reinsurer’s commitment towards continued investment in its capabilities. In her new role, Samuels will work ... Read the full article
Non-proportional cyber pricing falls up to 25% as XoL and hard retro gain ground at 1.1: Guy Carpenter
31st December 2025
Guy Carpenter, a global reinsurance intermediary, has released its January 1, 2026 Reinsurance Renewal Report, outlining a cyber renewal season defined by disciplined execution, competitive pricing conditions and continued structural innovation, particularly in cyber reinsurance. According to the report, ceding commissions generally settled between flat and up to two percentage points ... Read the full article
Apollo announces leadership transition for Construction business
31st December 2025
Apollo, the specialist Lloyd’s re/insurance group, has announced leadership changes for the Construction line of business as Tim Cook prepares to retire from his role as Head of Construction on 31 December 2025. As part of a planned succession, Matt Larke assumed the role of Class Leader, Construction Physical Damage in ... Read the full article
Erin Rotz named President of Berkley Fire & Marine
31st December 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has appointed Erin Rotz as President of Berkley Fire & Marine, effective immediately. Rotz has over two decades of inland marine and construction underwriting experience. Most recently, she served as the Head of Builder's Risk, Inland Marine and Energy Casualty ... Read the full article
IK Partners acquires majority stake in French insurance broker Ascora
31st December 2025
IK Partners, a European private equity firm, has announced that its IK Small Cap IV Fund has acquired a majority stake in Ascora Group, a French multi-specialist insurance broker. The transaction, structured as a management buyout (MBO), is designed to facilitate the succession of the company’s founder while accelerating the Group’s ... Read the full article
Sompo Hong Kong appoints Will Wang as Head of Casualty
31st December 2025
Sompo Hong Kong, part of Sompo International Holdings Ltd., has announced the appointment of Will Wang as Head of Casualty for Hong Kong, Macau and Taiwan, effective December 29th 2025. Wang will be based in Hong Kong and report to Alasdair Walker, CEO of Sompo Hong Kong, with a matrix reporting ... Read the full article
CIRCA unveils new Board of Directors and leadership team for 2026
31st December 2025
The Cayman International Reinsurance Companies Association (CIRCA) has unveiled its Board of Directors and leadership team for 2026 to continue advancing the Cayman Islands’ reinsurance sector. Faramarz Romer, Group Chief Financial Officer at Greenlight Re, will serve as Chair of CIRCA’s Board of Directors for 2026. The Vice Chairs of the Board ... Read the full article
AdA Syndicate 2024 receives permission to underwrite from Lloyd’s for 2026 YOA
30th December 2025
AdA, a Lloyd’s and regional Marine & Specialty insurer, has announced that AdA Syndicate 2024 has received “permission to underwrite” from Lloyd’s for the 2026 year of account. AdA Underwriters was established in May 2023 by Natasha Jodrell, James Grainger and Paddy Riordan, with the ambition of setting up a specialty ... Read the full article
Sun Life opens office in Dubai International Financial Centre
30th December 2025
Sun Life, an international financial services company that offers a broad range of insurance, wealth, and asset management solutions, has received authorisation from the Dubai Financial Services Authority to establish an office in Dubai International Financial Centre (DIFC). The new DIFC office is to be led by Senior Executive Officer, Sameera ... Read the full article
Tiffany Norman to succeed Pete Schaefer as President and CEO of Hannover Re US
30th December 2025
Hannover Life Reassurance Company of America (Hannover Re US) has announced the appointment of Tiffany Norman as President and CEO of Hannover Re US, effective January 1, 2026. This appointment is an update of the announcement on September 3, 2025, of Clint Thompson, who was originally set to succeed Pete ... Read the full article
Bermuda’s commercial long-term insurance sector GWP hit $200bn in 2024: BMA
30th December 2025
Bermuda’s commercial long-term insurance sector continued to grow in 2024, with gross written premiums (GWP) increasing 17.8% year-on-year to reach US$200.1 billion, with total assets increasing by 19.1%, according to the latest figures from the Bermuda Monetary Authority (BMA). The ‘Bermuda Long-term Insurance Market Analysis and Stress Testing Report’ attributes this ... Read the full article
L&H industry profitable but emerging risks persist: Swiss Re’s Paul Murray
30th December 2025
Higher interest rates delivered strong profitability for the life and health sector in 2025, but re/insurers will need to be diligent about emerging risks such as mental health, metabolic health, mortality trends, and upscaling technology as they head into 2026, according to Paul Murray, CEO of Life & Health Reinsurance ... Read the full article
Active Re receives approval to operate as admitted reinsurer in Argentina
30th December 2025
Barbados-based reinsurer Active Capital Reinsurance, Ltd. (Active Re) has received authorisation to operate as an admitted reinsurer in Argentina. This aligns with the reinsurer's long-term disciplined and selective growth strategy to strengthen its footprint in Latin America across key regional markets. According to Active Re, this approval enables the company to participate ... Read the full article
QBE secures $400m of international peak peril reinsurance with latest cat bond
30th December 2025
QBE, the Australia-headquartered global insurance and reinsurance company, has now successfully closed its latest catastrophe bond to secure the $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance. This is the second issuance of Notes for Bridge Street Re, and will provide QBE and ... Read the full article
Verisk withdraws from AccuLynx acquisition
30th December 2025
Verisk, a data analytics and technology provider to the insurance and energy industries, has terminated its definitive agreement to purchase AccuLynx, a SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing. This decision follows the notification by the Federal Trade Commission (FTC) was unable to ... Read the full article
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