Reinsurance News
Madagascar first African country to adopt sovereign parametric flood product: ARC
28th January 2026
African Risk Capacity (ARC) has launched Africa’s first sovereign parametric flood insurance policy, with the Republic of Madagascar becoming the first country on the continent to subscribe to the new coverage. ARC developed the parametric flood insurance solution in close collaboration with JBA Risk Management and is based on scientific data ... Read the full article
SI Re completes Jan renewal with premium volume on par with record 2025
28th January 2026
Swiss reinsurer SIGNAL IDUNA Reinsurance Ltd (SI Re) has completed its January 2026 renewal, achieving results roughly in line with last year’s record €222 million in a market the company described as having ample capacity, softening rates, and consistently oversubscribed reinsurance programs. “Our performance highlights our ability to renew a strong ... Read the full article
Insured losses from Victorian Bushfires cross AU$200m from 3,123 claims: ICA
28th January 2026
After the recent escalation from a significant event declaration to an Insurance Catastrophe, the Insurance Council of Australia (ICA) has confirmed that insured losses from the devastating Victorian bushfires have crossed AU$200 million across 3,123 claims. This claims count includes property, motor, commercial, and business interruption claims, with 30% of ... Read the full article
Reinsurance prices came in lower than expected at 1.1 renewals, says Moody’s Ratings
28th January 2026
California wildfire losses at the start of last year failed to drive sufficient support for reinsurance pricing at the recent January 1st, 2026, renewals, while a benign Atlantic hurricane season in 2025 also contributed to property catastrophe prices coming in "a bit lower" than expected, according to Moody's Ratings. Globally, insured ... Read the full article
VIG Re names Haushofer MD, APAC and Mathe as Head of Special Markets
28th January 2026
As part of its new strategy, VIG Re has strengthened its client-facing senior leadership team, appointing Marc Haushofer as Managing Director, APAC, and Joachim Mathe as Head of Special Markets. Under the VIGRe28 initiative, the firm has introduced a new client service model that, as Tobias Sonndorfer, CFA, Chairman and ... Read the full article
Roosevelt Road Specialty names James Wrynn as Global Chief Compliance Officer
28th January 2026
Roosevelt Road Specialty, a specialty insurance platform and managing general underwriter within Roosevelt Road Capital Partners, serving construction, habitational real estate, sports, entertainment, and other complex risk sectors, has announced the appointment of James Wrynn as Global Chief Compliance Officer. Wrynn will serve in an enterprise-wide capacity, with responsibility for overseeing ... Read the full article
WTW completes $1.3bn acquisition of Newfront
28th January 2026
Global insurance and reinsurance broking group WTW has completed the acquisition of San Francisco-based Newfront, a top 40 US broker combining deep specialty expertise and cutting-edge technology, for upfront and contingent consideration payments amounting to $1.3 billion, as reported previously. This acquisition expands WTW’s US middle market capabilities and enhances ... Read the full article
Vertafore to save hours during program submissions with Surefyre’s expanded AI capabilities
28th January 2026
Vertafore, an insurance technology provider, has introduced new artificial intelligence capabilities in Surefyre, that allow program administrators to automatically convert PDF submission forms into web applications. Acquired by Vertafore in 2024, Surefyre is a low-code agent portal and underwriting workbench platform built to empower managing general agents (MGAs) and wholesalers. Vertafore’s ... Read the full article
Emson joins Willis’ International Property Fac GB team
28th January 2026
Grace Emson has joined insurance broker Willis, a WTW business, as a Senior Broker within the International Property Facultative, GB team. The executive brings nearly 15 years of industry experience, with deep expertise in the international property market, client servicing and negotiation. Reporting to Patrick Green, Head of International Facultative, GB, Emson’s ... Read the full article
W. R. Berkley CEO sees early signs of property cat competitiveness spilling into casualty
27th January 2026
William Robert Berkley, President, CEO & Director of W. R. Berkley Corporation, said that he is seeing early signs that competitiveness in the property catastrophe reinsurance market is spilling over into casualty, driven by participants struggling to reach their premium targets on the property front and therefore leaning into casualty ... Read the full article
HIVE expands into marine insurance with Nick Lewis appointment
27th January 2026
HIVE Underwriters, an independent specialty managing general agent (MGA), has expanded into specialty Marine insurance with the appointment of Nick Lewis as Marine Chief Underwriting Officer (CUO), effective July 2026. The launch of Marine marks the next phase in HIVE’s evolution as a multi-line specialty MGA. Under Lewis’ leadership, HIVE will develop ... Read the full article
Mantas secures $1.77m for parametric solution to cover cloud service interruptions
27th January 2026
Mantas, a provider of parametric cyber insurance and predictive analytics to help businesses mitigate cloud downtime risks, is launching a parametric-based insurance solution to cover the operational and financial impact of cloud outages and digital risks. For the coverage, the firm has secured a total of $1.77 million in funding from ... Read the full article
Guernsey’s Halldora Re gets rating of A- with stable outlook from AM Best
27th January 2026
Credit rating agency AM Best has assigned new Guernsey reinsurer, Halldora Re Ltd (Halldora Re), a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent), with a stable outlook. AM Best explained that the ratings reflect Halldora Re’s “very strong” balance sheet strength, adequate operating ... Read the full article
Novi Underwriters expands management liability offering with Vantage-backed coverage
27th January 2026
Novi Underwriters has welcomed Jason Binette, James Cinque, and Cody Ruggirello to lead its newly launched management liability offering. Novi Underwriters is a full-service managing general underwriter administered by Lockton Affinity, focused on transforming complex challenges into competitive advantages for insurance agencies and carriers. It builds strong relationships with carrier partners to ... Read the full article
Liberty Specialty Markets promotes Hua as Head of War and Terrorism, LatAm & US
27th January 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Lillian Hua as Head of War and Terrorism for Latin America (LatAm) and the US, effective January 12th, 2026. In her new role, Hua has a dual reporting line to Will Goldberg, Chief of Staff, LatAm & US, and ... Read the full article
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