Reinsurance News
Allianz invests in Wrisk as part of Series B funding to accelerate embedded automotive insurance growth
19th January 2026
Wrisk Limited, a digital insurance platform focused on embedded insurance for the automotive industry, has confirmed a strategic investment from Allianz Holdings plc. The investment forms part of Wrisk’s recently announced Series B funding round, led by Alma Mundi Ventures alongside Opera Tech Ventures. With this investment, Allianz joins a group of ... Read the full article
Saudi Re opens GIFT City branch following India’s regulatory reforms
19th January 2026
Saudi Re has obtained the approvals from Saudi Arabia’s Insurance Authority and the relevant Indian authorities to open a branch in India’s Gujarat International Finance Tec-City (GIFT City). Saudi Re, which has been active in the Indian market for more than a decade from its headquarters in Riyadh, made the move ... Read the full article
Re/insurance crucial in driving India towards its economic objectives: DFS
19th January 2026
Addressing the third edition of the IFSCA–IRDAI–GIFT City Global Reinsurance Summit in Mumbai, Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), said India is on the verge of transformative growth in its re/insurance sector, describing the industry as “crucial” to achieving the country’s economic goals. The Summit, which brings together ... Read the full article
QBE Re names Sven Liu as Head of Greater China
19th January 2026
QBE Re, the reinsurance arm of global insurer QBE, has appointed Sven Liu as Head of Greater China, who brings more than 16 years of international reinsurance experience across Asia and Europe. Liu is a seasoned multi-line underwriter and has held senior roles focused on underwriting, client engagement, and business development ... Read the full article
AIG to leverage CVC’s investment expertise in new strategic partnership
19th January 2026
AIG and CVC have partnered to support AIG’s long-term investment goals, including the creation of large-scale separately managed accounts across CVC’s credit strategies and the launch of CVC’s private equity secondaries evergreen platform with AIG as a cornerstone investor. CVC will establish its private equity secondaries evergreen platform, with AIG contributing ... Read the full article
India’s insurance market set for strong mid-term expansion: Swiss Re
19th January 2026
According to Swiss Re, a global reinsurer, India’s insurance market is poised for a period of robust growth, outpacing other major markets over the next five years. Swiss Re’s report, "India's economic and insurance market outlook 2026-2030: resilient and rising amid global shifts," forecasts mid-term annual premium growth of 6.9% between ... Read the full article
Chubb appoints Cherry Gao as Head of Major Accounts & Global Broking, Singapore
19th January 2026
Large US insurer Chubb has announced the appointment of Cherry Gao as Head of Major Accounts & Global Broking, Singapore, effective 19th January 2026. Gao brings nearly 20 years of regional and multinational experience spanning underwriting, broker engagement, and complex risk solutions. She joins Chubb from Berkshire Hathaway Specialty Insurance, where she ... Read the full article
Gallagher Bassett EME&A targets technology investment and geographic expansion in 2026
19th January 2026
As a provider of claims management and risk services within the Arthur J. Gallagher group, Gallagher Bassett supports insurers and corporates across multiple industries and regions, and is entering 2026 with a clear focus on expansion, integration and investment. Senior leaders from the business’s Europe, Middle East and Asia (EME&A) operations ... Read the full article
eReinsure appoints Kyle Domire as Vice President of North America Sales
19th January 2026
eReinsure.com, Inc., a provider of software solutions for the reinsurance market, has announced that Kyle Domire has joined the company as Vice President of North America Sales. Domire comes to eReinsure from the Brokerage division of its parent company, Amwins, where he developed extensive experience working with wholesale brokers and carriers ... Read the full article
US Property cat price declines greater than expected at Jan renewals: Gallagher Re
16th January 2026
Reinsurance broker Gallagher Re has shared its expert commentary on property lines in the United States at the January 1, 2026, renewals, highlighting that “pricing declines for property cat were greater than expected on average.” According to Gallagher Re’s ‘First View: Options and Opportunities’ report, a surge in available capacity and ... Read the full article
Prifti to succeed King as AEGIS London Class Underwriter for International E&O
16th January 2026
Lloyd’s syndicate AEGIS London has announced the promotion of Tom Prifti to Class Underwriter for International E&O (Errors & Omissions). Prifti will be succeeding Martin King, who retired at the end of 2025 after a ten-year tenure at AEGIS London and a long-distinguished career that began in 1982 at C.T. Bowring. In ... Read the full article
Munich Re’s American Modern introduces Farm and Ranch Insurance Program with Bridge Specialty Group
16th January 2026
American Modern Insurance Group, Inc., part of Munich Re, has introduced a Farm and Ranch Insurance Program in collaboration with Bridge Specialty Group. The programme is designed to give independent agents a versatile insurance solution that meets the specific needs of farm and ranch operators, from small-scale hobby farms to commercial ... Read the full article
HDI Global Canada to accelerate marine growth under Michael Wright’s leadership
16th January 2026
HDI Global Canada has strengthened its marine proposition under Michael Wright’s leadership, who joined the Corporate & Specialty insurer in 2025 as Head of Marine for Canada. Leveraging decades of experience and a strong brokering background, the firm says that he has propelled the division forward with an innovative approach, setting ... Read the full article
DARAG announces two deal closures at year-end 2025
16th January 2026
Legacy acquirer DARAG Group has announced the completion of a portfolio transfer agreement (PTA) of Danish Workers’ Compensation business from Protector, and the signing of a loss portfolio transfer (LPT) and PTA with another European carrier. DARAG Deutschland AG, DARAG’s German insurance carrier, completed the PTA of Protector’s Danish Workers’ Compensation ... Read the full article
Losses need to be exceptionally high to shift European reinsurance prices: J.P. Morgan
16th January 2026
According to J.P. Morgan, European reinsurance profitability is well above historical levels, meaning the shock required would need to be material in order to reverse the current trajectory of reinsurance prices. In its recent report, J.P. Morgan described stronger reinsurance industry profitability as “a blessing and a curse.” This means profits remain ... Read the full article
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