Reinsurance News
Industry veteran Chris Jones joins Pinion Insurance as Group CFO
26th March 2026
Pinion Insurance, a newly-formed, technology-enabled specialty insurer, has announced the appointment of Chris Jones as Group Chief Financial Officer (CFO), effective immediately. Jones is now part of a founding leadership team of Chief Executive Officer, Neil McConachie, Group Chief Underwriting Officer, Philip Vandoninck, and Group Chief Technology Officer, Laura Baird. He has ... Read the full article
Allianz Jio Re commences operations in India
26th March 2026
Allianz Jio Reinsurance Limited (Allianz Jio Re), the joint venture of Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., has commenced its operations, including underwriting reinsurance in India, effective immediately. Allianz Jio Re, led by Sonia Rawal as Chief Executive Officer (CEO), combines ... Read the full article
BPL appoints Edouard Huberdeau as Director to strengthen global credit insurance expertise
26th March 2026
BPL, an independent broker in credit and political risk insurance (CPRI), has appointed Edouard Huberdeau as Director as part of its ongoing global expansion. Huberdeau will be based across BPL’s Geneva and Paris offices, focusing on developing tailored credit insurance solutions, including surety, for current clients. He will also support new ... Read the full article
Willis and Circle Asia launch new art insurance facility for collectors and galleries in Asia
26th March 2026
Willis, a WTW business, has partnered with Circle Asia to launch a new art insurance facility designed specifically for individual collectors and art galleries in Asia, the first of its kind in the region. The facility combined specialist arts insurance expertise from Willis and Circle’s digital platform to deliver a seamless ... Read the full article
SiriusPoint partners with property MGA Steadily
26th March 2026
Specialty underwriter SiriusPoint has partnered with property managing general agent (MGA) Steadily, one of the largest landlord insurance specialists in the US, to provide underwriting capacity. Founded in Texas in 2020 to address gaps in rental property insurance, Steadily provides tailored insurance solutions for real estate investors and now operates across ... Read the full article
Everest hires AXIS Re’s Jason Busti as Head of North America Treaty Reinsurance
26th March 2026
Everest Group, a Bermuda-based insurance and reinsurance company, has appointed Jason Busti as its new Head of North America Treaty Reinsurance, tasked with leading the treaty reinsurance business across the US, Bermuda, and Canada. Busti will report to Jill Beggs, Executive Vice President and Chief Executive Officer of Reinsurance, and will ... Read the full article
Pacific Life survey finds AI improving efficiency as underwriting faces talent gap
26th March 2026
Pacific Life, a US-based provider of life insurance and annuity products, has released findings from its 2026 Underwriting Outlook Survey, offering insight into how underwriting is evolving across the life insurance sector. Pacific Life reported that the survey gathered responses from more than 100 senior underwriting and insurance executives and was ... Read the full article
Raja Sengupta joins Verisk as President of Life Solutions
26th March 2026
Verisk, a global data analytics and technology provider to the insurance industry, has announced the appointment of Raja Sengupta as president of its Life Solutions business, effective immediately. Sengupta will be leading Verisk’s Life Solutions team in delivering data analytics, software and AI-powered solutions that help life and annuity insurers modernise ... Read the full article
Vortex launches direct access to parametric hail insurance product
26th March 2026
Vortex Weather Insurance, a provider of parametric weather insurance solutions, has launched direct access to HailSafe, its parametric hail insurance product. HailSafe can now be purchased directly from Vortex by brokers and weather-exposed businesses, including open car lots, solar farms, commercial roofs, and agricultural operations, after previously being available only through ... Read the full article
Liberty Specialty Markets adds Ettore Palma as Broker Relationship Manager
26th March 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Ettore Palma to the newly created role of Broker Relationship Manager, effective immediately. In his new role, Palma will be based in the recently opened Rome office and report to Simone Jurina, Head of Distribution, Italy. His remit includes expanding ... Read the full article
Hailstorms now rival Cat 4 hurricanes in financial losses: Cotality
25th March 2026
Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed. For insurers and reinsurers, this shift demands a move away from historical data averages toward property-specific modelling. Ultimately, the entire ... Read the full article
Aon announces new leadership structure for US reinsurance specialty distribution segment
25th March 2026
Global re/insurance broker Aon has announced a new leadership structure for its U.S. specialty distribution segment within Reinsurance Solutions, spanning E&S carriers, MGAs/MGUs, program-specific carriers, hybrid fronts, and delegated authority platforms. A dedicated leadership team has been established to oversee the segment, purpose-built to enhance Aon’s specialised expertise, strengthen relationships with ... Read the full article
Low cat losses fuelled strong results for U.S. P&C insurers in 2025: Verisk & APCIA
25th March 2026
Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of their strongest underwriting results in years in 2025, although the performance was largely driven by unusually low catastrophe losses rather than any structural improvement in underlying risk. According to key financial indicators for private U.S. ... Read the full article
Marsh Risk secures insurance for construction of first commercial-scale advanced nuclear power plant in US
25th March 2026
Marsh Risk, a business of global re/insurance broker Marsh, has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1. This marks a significant move as the unit is the first commercial-scale, advanced nuclear power plant in the US to receive construction approval from the Nuclear Regulatory Commission. The placement also marks the ... Read the full article
Munich Re flags intensifying cyber risk landscape amid geopolitical strains
25th March 2026
With cyber insurance growing ever more relevant and cyber risks intensifying amid powerful geopolitical, technological and economic pressures, Munich Re has urged companies to place equal emphasis on resilience and protection, highlighting the need to deepen insurance penetration and strengthen collaboration to better support insureds and safeguard global economies and ... Read the full article
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