Reinsurance News
Lemonade enters into $250m business financing agreement with Hannover Re
26th June 2026
Lemonade, an AI-powered digital insurance company, has signed a business financing agreement with Hannover Re (Ireland) DAC, under which the reinsurer will provide up to $250 million to help fund Lemonade's sales and marketing spending between January 1, 2027, and December 31, 2028. Under the terms of this new agreement, the ... Read the full article
Achmea Reinsurance secures €100m of European windstorm & severe thunderstorm retro with latest cat bond
26th June 2026
Achmea Reinsurance Company N.V. has returned to the insurance-linked securities (ILS) market with a €100 million Windmill III Re Series 2026-1 catastrophe bond, providing cover for European windstorm and severe thunderstorm losses on an ultimate net loss, per-occurrence basis. Achmea Reinsurance has entered into a four-year reinsurance agreement with Windmill III ... Read the full article
AM Best reports split in US cyber insurance market as losses and pricing pressures shift
26th June 2026
AM Best, the insurance credit rating agency and analytics provider, has observed that the US cyber insurance sector has effectively separated into two distinct sub-markets. One is led by surplus lines insurers offering standalone primary and excess cyber cover, while the other is made up of cyber extensions attached to broader ... Read the full article
Liberty in Asia Pacific appoints Marcus Thomas as CUO ahead of leadership transition
26th June 2026
Liberty in Asia Pacific, the regional arm of Liberty Mutual Insurance providing commercial, specialty and reinsurance solutions across the Asia Pacific region, has announced the appointment of Marcus Thomas as Chief Underwriting Officer, Asia Pacific, effective 1 July 2026, as the company prepares for a leadership transition following the forthcoming ... Read the full article
Fitch expects Japanese non-life Insurers to sustain strong underwriting momentum
26th June 2026
Fitch Ratings, the international credit ratings agency, believes Japan's leading non-life insurers are well placed to continue delivering strong underwriting results. The agency said robust earnings from overseas operations and improving conditions in the domestic motor and property insurance markets are expected to support performance, although profits generated from the disposal ... Read the full article
Insured losses from Venezuela quakes likely to be a ‘fraction’ of total multi-billion economic loss: Aon
26th June 2026
Insurance industry losses related to the two major earthquakes that hit Venezuela this week are anticipated to represent only a small portion of the billions of dollars in economic losses expected from this catastrophe, according to broking group Aon’s recent Weekly Cat Report. Northwestern Venezuela, specifically the area west of Caracas, ... Read the full article
July Casualty and Financial Lines renewals orderly as reinsurers reward stronger portfolios: Howden Re
26th June 2026
A new Howden Re report focused on the 1 July 2026 Casualty and Financial lines renewals has suggested that for those willing to look past the noise and into the data, there is a compelling case for profitable growth in the market. "As property pricing softens and fresh capital continues to ... Read the full article
Covéa awarded $488.3m from SCOR settlement as arbitration tribunal upholds 2021 treaties
26th June 2026
The arbitration tribunal under the aegis of the Centre of Mediation and Arbitration of Paris (CMAP) has issued its ruling in the litigation between SCOR and Covéa, awarding the latter $488.3 million in compensation regarding two retrocession treaties concluded on 30 June 2021. The corporate feud between the French insurance giants ... Read the full article
Matthias Meyenhofer to lead Swiss Re’s new Group Broker Management Practice
26th June 2026
Global reinsurer Swiss Re has announced the launch of a new Group Broker Management Practice, to be led by Matthias Meyenhofer as Group Broker Executive. The new practice is a dedicated unit designed to centralise the management of relationships with primary brokers and intermediaries for the Swiss ... Read the full article
Gallagher expands PEMA practice with Gabriella Eriksen Wingren appointment
26th June 2026
Gallagher, a global insurance brokerage, risk management, and consulting firm, has announced the appointment of Gabriella Eriksen Wingren as Head of Transaction Solutions, Nordics within its global multidisciplinary Private Equity and M&A practice (PEMA), effective 22nd July 2026. Based in Sweden, Eriksen will work closely with sector specialist colleagues across the ... Read the full article
UK businesses increasingly exposed as flood preparedness declines: Previsico
26th June 2026
A new report from flood forecasting firm Previsico, based on insights from more than 70 UK organisational leaders, has found a sharp decline in flood preparedness despite rising awareness of risk. Just 8% of respondents said they or all of their clients have flood action plans covering all locations, down from ... Read the full article
CFC introducing affirmative AI coverage
26th June 2026
Responding to customer demand, specialist insurance provider CFC has launched a programme of updates to embed affirmative artificial intelligence (AI) coverage within its portfolio. By implementing explicit AI-related language across seven key policies, this rollout provides clients with certainty on the handling of AI related risks, moving away from reliance on ... Read the full article
Aon appoints Chin Fong Teh as Chief of Staff, Asia Pacific, Reinsurance Solutions
26th June 2026
Aon’s Reinsurance Solutions, part of broking group Aon, has announced that Chin Fong Teh has been appointed Chief of Staff, Asia Pacific, based in Singapore, reporting to Rupert Moore, Chief Executive Officer, Asia Pacific, Reinsurance Solutions at Aon. The reinsurance broker notes that Fong Teh brings around two decades of experience ... Read the full article
Permira and Warburg Pincus-led investor group complete Clearwater acquisition
26th June 2026
The acquisition of Clearwater Analytics (CWAN) by an investor group led by Permira and Warburg Pincus has been completed in a transaction valued at approximately $8.4 billion. Clearwater stockholders were paid $24.55 per share in cash as part of the agreement. This price reflects a premium of approximately 47% compared to ... Read the full article
SiriusPoint adds Ella Stevenson to its Crisis Solutions team
26th June 2026
SiriusPoint, a specialty insurer and reinsurer based in Bermuda, has appointed Ella Stevenson as Crisis Solutions Underwriter, effective September 28th, 2026. This appointment follows the launch of SiriusPoint’s Crisis Solutions platform in May 2026. It also reflects the continued momentum behind the team as demand for crisis solutions increases across the ... Read the full article
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