Reinsurance News

Canopius appoints Jasan Fitzpatrick as General Counsel

3rd February 2026

Canopius Group, a global specialty and property and casualty re/insurer, has appointed Jasan Fitzpatrick as General Counsel, effective April 1st, 2026. In this newly created role, Fitzpatrick will report to Neil Robertson, Group Chief Executive Officer, Canopius. His new role includes responsibilities that previously sat under the remit of the Chief Risk ... Read the full article

Munich Re launches pandemic consortium with parametric focus at Lloyd’s

3rd February 2026

Munich Re Specialty – Global Markets, Syndicate, managing agent of Syndicate 457 at the Lloyd's insurance and reinsurance marketplace, has established The Pandemic Consortium, designed to offer parametric catastrophic communicable disease insurance. The consortium, a Lloyd's market initiative based in London, will offer a proactive emerging risk transfer solution to protect ... Read the full article

Leading Indian life insurer to implement Aon’s modelling platform PathWise

3rd February 2026

ICICI Prudential Life Insurance Company Limited, one of India’s leading private life insurers, has agreed to a strategic collaboration to implement PathWise, Aon’s modelling platform, across its actuarial modelling landscape. The implementation of Aon’s PathWise solution, a high-performance, GPU-enabled modelling platform within its Life Risk Modelling Suite, will enable ICICI Prudential ... Read the full article

Distinguished expands specialty offerings with new Marine Cargo programme

3rd February 2026

Distinguished Programs, a national MGA and insurance programmes manager, is broadening its specialty footprint with the launch of a Marine Cargo programme led by veteran executive Ralph Salce. The new initiative will offer a full suite of marine cargo solutions, with available coverage addressing global transit exposures, stock throughput arrangements, and ... Read the full article

Karl Hamann to lead Aon’s business in the Philippines

3rd February 2026

Global insurance and reinsurance broking group Aon has appointed Karl Hamann to Chief Executive Officer (CEO) of the Philippines, effective April 1st, 2026, subject to regulatory requirements. Since 2022, he has served as the CEO of Indonesia, where he has implemented modernisation initiatives, strengthened commercial execution, and enhanced market connectivity. Hamann will ... Read the full article

Hymans Robertson expects 2026 to be a record year for the buy-in market

3rd February 2026

The pipeline for buy-ins looking to complete during the months ahead is very strong, with 2026 expected to be a record year for the market and likely to exceed £50 billion for the first time, according to Hymans Robertson’s 2026 Risk Transfer Report. The report noted that insurers have sufficient capacity ... Read the full article

Prestige Underwriting names Peacock Head of Home, Product and Governance

3rd February 2026

Specialist managing general agent (MGA) Prestige Underwriting, has announced the promotion of Katy Peacock to the role of Head of Home, Product and Governance. In her new role, Peacock will oversee the development and governance of Prestige's home insurance portfolio, which involves ensuring robust underwriting rigor and delivering top-tier nonstandard home ... Read the full article

Howden names Shunsuke Takechi as Head of M&A for Japan

3rd February 2026

Global insurance and reinsurance broker Howden has announced the appointment of Shunsuke Takechi, a highly experienced and qualified Japanese attorney with over 13 years of experience, as Head of Japan, M&A. Takechi holds the unique distinction of being the first and only registered senior Japanese lawyer in the insurance brokerage industry. His ... Read the full article

Atrium appoints Hayley Budd as Head of Innovation

2nd February 2026

Atrium, a specialty insurer operating at Lloyd’s, has announced the appointment of Hayley Budd as Head of Innovation, a newly created role that aims to drive the company’s strategic transformation. Budd will take responsibility for leading innovation, working with Atrium’s market-leading underwriting teams to transform existing business lines to meet emerging ... Read the full article

Zambian reinsurer Klapton Re to list on Lusaka Securities Exchange

2nd February 2026

Zambia-based reinsurer Klapton Re is set to list directly on the Lusaka Securities Exchange Plc (LuSE) on March 24th, 2026, subject to regulatory approval, reaffirming the reinsurer’s continued growth, and the increasing sophistication and resilience of Zambia’s financial markets. Established in 2020, Klapton Re provides facultative and treaty reinsurance services across ... Read the full article

Optio strengthens Scandinavian presence with AGS acquisition

2nd February 2026

Optio Group, a specialty managing general agent (MGA), has announced that it has acquired AGS Forsikring AS (AGS). Founded in 2008 by Lars-Petter Myklebost and headquartered in Oslo, AGS provides insurance solutions and claims handling across the energy, sport and fine art sectors. The MGA manages personal accident claims for Scandinavian ... Read the full article

Radian completes $1.67bn acquisition of Lloyd’s syndicate Inigo

2nd February 2026

Radian Group Inc. has completed its previously announced acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd’s of London, for $1.67 billion. The acquisition, which received all required regulatory approvals at the end of last year, will reportedly transform Radian from a leading U.S. private mortgage insurer ... Read the full article

Arthur J. Gallagher acquires Germany-based Reck & Co

2nd February 2026

Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm, has announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired Reck & Co GmbH (Reck & Co.). Based in Bremen, Germany, Reck & Co. is a specialist provider of global transport and ... Read the full article

Interesting to see what happens to demand amid surge in non-traditional lines: Flandro, Howden Re

2nd February 2026

David Flandro, Managing Director, Head of Industry Analysis and Strategic Advisory at reinsurance broker Howden Re, said the firm expects non-traditional lines to outpace the broader P&C market through 2030, and will be closely monitoring what happens to reinsurance demand. In a recent video interview, ... Read the full article

Liberty Specialty Markets appoints Ed Louth as Head of Aviation

2nd February 2026

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Ed Louth as Head of Aviation. Louth succeeds Miles Taffs, who was named Interim Head of Aviation in September 2025 after joining LSM as Senior Underwriting Specialist, Aviation, in March 2025. Taffs will return to his ... Read the full article