Reinsurance News

Rokstone strengthens NA Casualty team

17th March 2026

Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the appointment of Claire Lill as Senior Underwriter, North American Casualty. In her new role, Lill will collaborate closely with Rokstone’s North American Casualty leadership to further develop its underwriting expertise and sustain the expansion of the MGA’s ... Read the full article

Amiga Specialty launches in Hong Kong

17th March 2026

Amiga Specialty, an independent international Managing General Agent (MGA), has commenced trading in Hong Kong after successfully securing a licence from the Hong Kong Insurance Authority. Under the leadership of Ralph Sherbahn, Managing Director of Financial Lines (APAC), the Hong Kong hub will serve as the foundation for Amiga’s regional ambitions, ... Read the full article

Nexus appoints Walid Youssef as Head of UK Financial Institutions

17th March 2026

Nexus Underwriting, an Arrowhead Intermediaries company, has announced the appointment of Walid Youssef as Head of UK Financial Institutions. In his new role, Youssef will manage Nexus’s UK Financial Institutions portfolio and drive the line’s strategy. He will report directly to Joanne Edgley, UK Head of Financial Lines at Nexus. He joins ... Read the full article

Willis partners with Qover to expand GB affinity technology ecosystem

17th March 2026

Insurance broker Willis, a WTW business, has entered into a strategic partnership with Qover, a European leader in embedded insurance orchestration, to further expand its GB Affinity technology ecosystem. As part of the collaboration, Willis and Qover will provide a product-agnostic solution designed to help businesses launch tailored insurance programmes quickly ... Read the full article

Pacific Life Re appoints Dion Russell as Managing VP, Business Services, Protection

17th March 2026

Pacific Life Re, the reinsurance arm of Pacific Life, has announced the appointment of Dion Russell as Managing Vice President, Business Services, Protection. Russell has more than 25 years of experience in the life insurance industry, having worked across Asia, Australia and New Zealand. His career spans roles in primary insurance, ... Read the full article

Howden unveils regional structure changes, creates EMEA broking unit

16th March 2026

Global insurance broker Howden has announced that it will now align its International Growth Markets (IGM) businesses with their respective regions, leading to a number of leadership appointments and regional structure changes effective April 1st, 2026. The broker explains that its IGM division, which is led by Sonia Caamaño, builds and ... Read the full article

Markel International names Maureen Tomlinson as Head of AI and introduces AI Centre of Enablement

16th March 2026

Markel International, the international insurance business of Markel Group Inc., has appointed Maureen Tomlinson as Head of Artificial Intelligence and announced the creation of an AI Centre of Enablement. Markel International forms part of Markel Group’s global insurance operations and provides specialist insurance solutions across a range of sectors and regions. ... Read the full article

MGA market share gains accelerate to ~7% in 2025: BMO Capital Markets

16th March 2026

The MGA space accelerated its P&C market share in 2025 to approximately 7%, with the overall MGA market growing 19% to ~$94 billion—a modest deceleration from the 21% growth reported in 2024, according to analysts at BMO Capital Markets. Analysts noted that the deceleration was more pronounced when excluding crop insurance, ... Read the full article

Blenheim’s Syndicate 5886 reports strong 2025 results with £72m profit and 80.9% CoR

16th March 2026

Blenheim Underwriting, a specialist managing general agent (MGA) and Lloyd’s coverholder, has announced a robust underwriting performance for Syndicate 5886 in the 2025 calendar year. Syndicate 5886 delivered a net combined ratio of 80.9%, representing a 3.8% year-on-year improvement. This strong underwriting performance generated a profit of £72 million, marking a 27% ... Read the full article

UK pension schemes urged to review full range of endgame options: Aon

16th March 2026

UK defined benefit (DB) pension schemes are being encouraged to evaluate the full range of available endgame options as the market evolves, according to Aon plc, a professional services firm that provides risk, retirement and health solutions. The firm said that DB schemes are entering 2026 with a broader set of ... Read the full article

SiriusPoint announces new Global P&C Programs & London Market Specialty divisions

16th March 2026

SiriusPoint, a specialty insurer and reinsurer, has announced changes to its business structure, which will now operate through four business areas: Global P&C Programs, Global Reinsurance, Global Accident & Health, and a London Market Specialty division, which includes Lloyd's. The new Global P&C Programs division will combine SiriusPoint’s existing North America ... Read the full article

CEA’s total reinsurance limit rose to $7.912bn at year-end 2025

16th March 2026

The California Earthquake Authority’s (CEA) total traditional reinsurance limit amounted to $5.037 billion at the end of 2025, which combined with in-force protection from catastrophe bonds of $2.875 billion, saw the entity's total risk transfer limit rise to $7.912 billion from around $7.67 billion at the end of September. In recent ... Read the full article

Fitch downgrades ARC’s ratings on sustained earnings volatility

16th March 2026

Fitch Ratings has downgraded African Risk Capacity (ARC Ltd.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘A-’ and its Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB+’, reflecting a decline in the firm’s standalone credit quality, which has been revised to ‘bb+’ from ‘bbb-’. The revision of the parametric ... Read the full article

McGill and AIG collaborate to transform subscription market with AI-driven underwriting

16th March 2026

McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI. As part of the collaboration, AIG conducted a detailed review of McGill and Partners’ specialty portfolio, reportedly confirming its strength and ... Read the full article

Atrium appoints James Lakin as Head of Outwards Reinsurance

16th March 2026

Atrium, a leading specialty insurer at Lloyd’s, has announced the appointment of James Lakin as Head of Outwards Reinsurance. In this position, he will lead the design and placement of Atrium’s outward reinsurance programmes, ensuring the strategy supports the firm’s risk appetite, capital objectives, and long-term profitability. Lakin moves to Atrium after ... Read the full article