Reinsurance News

Everest appoints new leader and COO for its Fac & Hybrid Reinsurance business

20th January 2026

Bermuda-based Everest Group has strengthened its Global Wholesale & Specialty platform with new roles for Michael Cellura and Trevor Gallagher within its Facultative & Hybrid Reinsurance business. Cellura, who joined the re/insurer in 2022, has been appointed as Head of Everest's Facultative & Hybrid Reinsurance division. In his new role, Cellura ... Read the full article

Zurich Resilience Solutions launches specialised Data Center Risk Advisory practice

20th January 2026

Zurich Resilience Solutions (ZRS), part of Zurich Insurance, has announced the formation of a specialised Data Center Risk Advisory practice, featuring more than 100 engineers focused on risk prevention and mitigation throughout the entire life cycle of data centers, particularly hyperscale and AI-driven facilities. The formation of this practice significantly expands ... Read the full article

2025 marked cyclical peak for US P&C underwriting profitability: Swiss Re

20th January 2026

US property & casualty (P&C) premium growth and profitability are moderating as the market enters 2026, following an exceptionally strong 2025 that marked a "cyclical peak" for underwriting performance, according to a new report from the Swiss Re Institute. "We estimate US P&C industry ROE reached 15% in 2025, driven by ... Read the full article

Helios expects overall capacity for Lloyd’s syndicate portfolio of £467m for 2026 YOA

20th January 2026

Helios Underwriting, a provider of limited liability direct investment into the specialist Lloyd's insurance and reinsurance marketplace, expects 2026 managed capacity for its Lloyd's syndicate portfolio of £467 million for the 2026 Year of Account (YOA), an almost 5% decrease on 2025's £491 million. Although overall capacity is expected to be ... Read the full article

AXIS Capital report shows executive divides on AI risk and cyber preparedness

20th January 2026

AXIS Capital Holdings Limited, a specialty re/insurer, has published new research examining how artificial intelligence (AI) is reshaping the risk environment, based on perspectives from Chief Executive Officers and Chief Information Security Officers. In commissioning this study, AXIS Capital surveyed 500 CEOs and CISOs across the United States and the United ... Read the full article

HDI Global appoints Chubb’s Fraser Galbraith as Senior Underwriter, Engineering

20th January 2026

HDI Global SE, an international insurer specialising in commercial and industrial clients, has announced the appointment of Fraser Galbraith as Senior Underwriter, Engineering, based in Dubai. Galbraith brings more than 12 years of engineering experience to his new role. He joins HDI Global from Chubb, where he served as Senior Construction ... Read the full article

Aon finds severe convective storms now dominate global insured losses

20th January 2026

Aon, a professional services firm, has published its latest Climate and Catastrophe Insight report, setting out how severe convective storms have become the most expensive insured hazard of the 21st century, overtaking tropical cyclones. Drawing on Aon’s global data, analytics and catastrophe modelling expertise, the report explains how the rising frequency ... Read the full article

Carefully optimistic Allianz prepares for economic uncertainty with strategic de-risking

20th January 2026

In the face of intensifying geopolitical developments and their economic implications, Allianz Group CEO Oliver Bäte said the firm has been “carefully and thoughtfully” optimising its diversification, an approach that, he added, has long been central to its business model. "One of the things in our business model, even though we ... Read the full article

SCOR and AXA to de-risk green investments with Lloyd’s consortium for ecological restoration insurance

20th January 2026

Global reinsurer SCOR and multinational insurer AXA have joined forces to launch a new Lloyd’s of London consortium aimed at bridging a critical financing gap by de-risking investment opportunities related to ecological restoration projects. By providing specialised insurance coverage, the consortium intends to unlock the capital necessary to rehabilitate ecosystems that ... Read the full article

Insurance CEO confidence in revenue growth down 18% for 2026: PwC

20th January 2026

PwC’s 29th Global CEO Survey has revealed that just 46% of insurance CEOs are confident about their company's prospects for revenue growth over the next 12 months, an 18% dip from 56% in 2025. The company's latest CEO survey is based on responses from 4,454 CEOs across 95 countries and territories, ... Read the full article

Phoenix Specialty expands capacity and broadens global EAR offering

20th January 2026

Phoenix Specialty, a London-based managing general agent (MGA), has strengthened its underwriting capabilities with an increase in available capacity, allowing greater flexibility when structuring risks. On an individual basis, the business can now support probable maximum losses of up to £50m for both annual policies and single-project risks within the UK. In ... Read the full article

PIC concludes £37.5m buy-in with Dr. Martens Airwair Group Pension Plan

20th January 2026

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has concluded a £37.5 million buy-in with the Dr. Martens Airwair Group Pension Plan of the iconic British footwear brand founded in Northamptonshire, England, covering the 455 plan members. Paul Black of Pi Partnership, Chair of Trustees for ... Read the full article

ASIG places Joe Harding as MD of UK Enterprises at Pinpoint

20th January 2026

AM Specialty Insurance Group has appointed Joe Harding as Managing Director of UK Enterprises at Pinpoint UK. Harding has around 15 years of underwriting experience in the London Market across commercial and specialty lines, and joins Pinpoint UK from Aspen Insurance Group, where he most recently served as an Underwriter. Before Aspen, ... Read the full article

MS Amlin promotes Sarah Wilson to Head of Outwards Reinsurance

20th January 2026

Global insurer and reinsurer MS Amlin has announced the appointment of Sarah Wilson as Head of Outwards Reinsurance. In her new role, Wilson will lead the strategic direction and day-to-day management of the Outwards Reinsurance function. She will oversee the design and placement of MS Amlin’s reinsurance programmes, portfolio optimisation, and ... Read the full article

AM Best shifts global reinsurance outlook to stable as property rates soften and casualty issues persist

20th January 2026

A combination of accelerated price softening in the property segment with a modest relaxation of certain terms and conditions, as well as ongoing challenges in the casualty space, the heightened frequency and severity of natural catastrophes, and ongoing macroeconomic uncertainty, has caused AM Best to revise its global reinsurance sector ... Read the full article