Reinsurance News

Constellation Institutional Markets re-enters PRT market

6th July 2026

Constellation Institutional Markets, a specialist in financial and insurance solutions for large institutions, and part of Constellation Insurance, Inc., has announced that it is re-entering the pension risk transfer (PRT) market. With this move, the company aims to expand its institutional capabilities and long-term retirement solutions offering. Through its insurance affiliates, Constellation ... Read the full article

Gallagher Re appoints Shreyaa Vohra to lead Dubai Fac team

6th July 2026

Gallagher Re, a global reinsurance broker and advisory firm, has appointed Shreyaa Vohra as Executive Director, Dubai International Financial Centre (DIFC), Dubai. In her new role, Vohra will lead the broker's Dubai facultative team. Most recently, she served at Price Forbes. Vohra has over 14 years of international experience spanning London and ... Read the full article

Competitive pressures and AI driving insurers to step up automation in underwriting: Sollers

3rd July 2026

Driven by intensifying competitive pressures, a softening market and rapid advances in artificial intelligence, four in 10 insurers are now using AI in underwriting, a move that marks a pivotal phase in their digitalisation, according to new research by Sollers Consulting. The automation of underwriting is rapidly becoming a strategic priority ... Read the full article

FCDO commits additional £3m to Natural Disaster Fund Technical Assistance Facility

3rd July 2026

The Foreign, Commonwealth and Development Office (FCDO), which leads the UK’s diplomatic, development and consular work globally, has committed an additional £3 million to the Technical Assistance Facility (NDF TA Facility), operated by the Natural Disaster Fund (NDF), a blended risk transfer vehicle designed to mitigate climate-related challenges and build ... Read the full article

Clear Group strengthens leadership team with two senior executive appointments

3rd July 2026

Clear Group, an independent insurance and employee benefits group with operations across the UK and Ireland, has announced two senior executive appointments as the company continues to expand its leadership team in support of its long-term growth plans. The company has appointed Phil Williams as Group Chief Commercial Officer (CCO) and ... Read the full article

Hamilton Select names Mike Mulray as President and Daniel Tague as CUO

3rd July 2026

Hamilton Insurance Group, Ltd., a Bermuda-headquartered specialty insurance and reinsurance company, has announced the appointments of Mike Mulray as President of Hamilton Select and Daniel Tague as Chief Underwriting Officer of Hamilton Select. Hamilton Select is Hamilton's primary carrier for domestically placed US excess and surplus lines business. The leadership appointments ... Read the full article

Sidecar formation continued to increase in 2025 with total reserves exceeding $90bn: AM Best

3rd July 2026

The formation of sidecars experienced a significant increase in 2025, driven by strong annuity sales in the United States, according to a new report by credit rating agency AM Best. During this period, total reserves ceded to these entities rose to over $90 billion, a sharp increase from the $55 billion ... Read the full article

RGA appoints Maurice Tulloch to its Board of Directors

3rd July 2026

Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has announced the appointment of Maurice Tulloch to its Board of Directors, effective 1st July 2026. Tulloch brings extensive global leadership experience in the insurance sector. He most recently served as Group Chief Executive Officer of Aviva, where he ... Read the full article

Reinsurers expanded options, embraced flexible structures at US property mid-year renewals: Aon

3rd July 2026

Global professional services firm Aon says reinsurers were increasingly willing to offer more flexible structures and broader coverage options during the US property mid-year 2026 renewals, allowing insurers to enhance protection and make greater use of tailored reinsurance solutions as market conditions remained favourable for buyers. In its Reinsurance Market Dynamics ... Read the full article

PwC Bermuda promotes Damian Sealy to Partner

3rd July 2026

PwC Bermuda has announced the promotion of three new Partners, including Damian Sealy, who is also Head of Actuarial Services, where he advises insurers, reinsurers and captives on actuarial, risk and financial matters across audit and advisory engagements. Sealy joined PwC Bermuda in 2019 from PwC UK and leads PwC’s Actuarial ... Read the full article

Unlikely a floor will be found on reinsurance pricing in the near term: JP Morgan

3rd July 2026

Despite lower catastrophe claims in Q2 2026 providing a net positive for reinsurers' profitability, they are unlikely to halt declining reinsurance prices, according to JP Morgan. In fact, the bank expects pricing pressure to intensify, particularly as this year's Atlantic hurricane season is forecast to be lighter than average due ... Read the full article

Allianz Risk Transfer AG relocates headquarters from Liechtenstein to Switzerland

3rd July 2026

Allianz Risk Transfer AG (ART AG) has relocated its headquarters from Liechtenstein to Switzerland, following approval by the relevant authorities, the Liechtenstein Financial Market Authority (FMA) and the Swiss Financial Market Supervisory Authority (FINMA). The firm announced its decision to relocate approximately nine months ago, with the relocation effective July 1st, ... Read the full article

Kendle to lead Lockton’s new Construction and Design Practice

3rd July 2026

Independent insurance broker Lockton has announced the appointment of Matt Kendle as Head of its newly established Construction and Design Practice. The executive is joining Lockton from Marsh, brining over two decades of experience in construction and infrastructure insurance and brokerage to his new position. At Marsh, he most recently ... Read the full article

Swiss Re appoints Laura Perry as Head of Regional & Large Clients for UK and Ireland

3rd July 2026

Swiss Re, a global provider of reinsurance, insurance and risk transfer solutions, has announced the appointment of Laura Perry as Head of Regional & Large Clients for the UK and Ireland, with a focus on Property. The company highlighted Perry's strong relationships with clients and brokers, together with her extensive underwriting ... Read the full article

Malaysian Re’s CAB launches enhanced cloud-base platform

3rd July 2026

The Central Administration Bureau (CAB), established and managed by Malaysian Reinsurance Berhad (Malaysian Re), has officially launched CAB 2.0, marking the transition of its Central Administration Bureau Facultative (CABFAC) system from a legacy platform to a modern cloud-based system. According to Malaysian Re, the enhanced cloud-based version of its CABFAC system ... Read the full article