Reinsurance News
Polo Managing Agency launches three new Lloyd’s syndicates
8th January 2026
Polo Managing Agency (PMA), part of the PoloWorks group, has launched three new Lloyd’s syndicates: Atradius Syndicate 1864, Aurora Syndicate 1890, and OAK Enterprise Syndicate 1440 - all of which began underwriting from 1 January 2026. PMA, which serves as the turnkey managing agency for all three platforms, is delivering the ... Read the full article
Health carriers continue to dominate list of world’s top insurers by 2024 NPW: AM Best
8th January 2026
US health insurance companies continued to dominate the ranking of the world’s largest insurers in terms of 2024 net premiums written (NPW), with UnitedHealth Group Inc. maintaining its top spot, reporting $308.81 billion in NPW, an increase of 6.2% year over year. Our ranking of the world’s largest ... Read the full article
Pacific Life Re names Swiss Re’s Jia Yi Tan as Global CUO and Claims Officer
8th January 2026
Life and health reinsurer Pacific Life Re has appointed Jia Yi Tan as its new Claims and Global Chief Underwriting (CUO), based in Singapore. In her new role, Tan succeeds Andrew Doran, who has been promoted as Chief Executive Officer of UnderwriteMe, the Insurtech subsidiary of Pacific Life Re. Her appointment underscores ... Read the full article
Morningstar DBRS flags specialty P&C lines amid Venezuela turmoil
8th January 2026
Recent geopolitical developments in Venezuela have brought renewed focus to tail risks for the global insurance sector, particularly across specialty property and casualty (P&C) lines with exposure to marine, aviation, and trade credit in the Caribbean region, according to a new report from Morningstar DBRS. “It has been widely reported that ... Read the full article
Lloyd’s Market Association appoints Bellamy as Underwriting Director
8th January 2026
The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has appointed Matthew Bellamy as Underwriting Director, who will join the body in late 2026. In his new role, Bellamy will report to Sheila Cameron, Chief Executive Officer, LMA, and lead the LMA’s Underwriting team. Additionally, ... Read the full article
American Coastal renews AOP catastrophe cover, lifts per-occurrence limit to $95.6m
8th January 2026
Florida-based American Coastal Insurance Corporation (ACIC) has renewed its all other perils catastrophe excess of loss agreement (AOP CAT agreement) for 2026, providing up to $95.6 million of occurrence limit excess of the $10 million attachment point to limit ACIC's losses from catastrophe loss events other than named windstorms and ... Read the full article
Price Forbes appoints Dick Heath as Head of Reinsurance & Wholesale, Singapore
8th January 2026
Global specialty broker Price Forbes has announced the appointment of Dick Heath as Head of Reinsurance and Wholesale, Singapore, effective immediately. In his new role, Heath will be responsible for leading and developing Price Forbes’ reinsurance and wholesale proposition across its Singapore platform, maximising growth opportunities and supporting the evolving needs ... Read the full article
CFC launches extension to its flagship cyber cover for SMEs
8th January 2026
CFC, an insurance provider with a focus on carbon-related risks, has launched a new extension to its flagship Cyber Proactive Response cover for small and medium enterprises (SMEs). This extension was developed to provide essential protection for SMEs by addressing financial losses caused by contingent business interruption (BI), such as when ... Read the full article
Simon Hunt to serve as HDI’s interim CEO, Ger Twomey named interim CFO
8th January 2026
HDI Global has appointed Simon Hunt, its current Chief Financial Officer (CFO) for HDI Global UK & Ireland, as interim Chief Executive Officer, while Ger Twomey will serve as interim CFO. The two appointments are effective February 1st, 2026 and subject to regulatory approvals. These follow the departure of Stephanie Ogden, ... Read the full article
PERILS puts Queensland & New South Wales November SCS industry loss at AUD2.663bn
8th January 2026
The Queensland and New South Wales severe convective storm (SCS) outbreak between 21st and 27th November 2025 is estimated to have caused an insurance industry loss of AUD 2.663 billion, according to PERILS, the Zurich-based catastrophe insurance data provider. PERILS' initial industry loss estimate is based on data collected from affected ... Read the full article
Verisk names Tim Rayner as CEO of General Insurance for UK&I and SBS
8th January 2026
Verisk, a global data analytics and technology provider to the insurance industry, has announced the expansion of Tim Rayner’s responsibilities to include leadership of its underwriting and claims businesses in the United Kingdom and Ireland, as well as its global Life, Health and Travel business. In addition, Rayner will continue to ... Read the full article
Paolo Ghirri promoted to CEO of Munich Re Italia
8th January 2026
Munich Re has appointed Paolo Ghirri as Chief Executive Officer of Munich Re Italia, effective 1 January 2026. Ghirri, who has been with Munich Re Italia for over 35 years, has built a career marked by continuous growth and positions of increasing responsibility, including important roles outside the company. The role of ... Read the full article
Brit to begin writing Property D&F in Bermuda
8th January 2026
Specialist insurer Brit Group Holdings Limited is set to write Property D&F business in Bermuda through Brit Re, its reinsurance arm, led by Tom Ayton, Vice President, Property D&F. From January, Brit Re will write US and Global Property D&F with a focus on US-based complex risks. The core appetite of the ... Read the full article
Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings
8th January 2026
Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the firm's treaty reinsurance offerings in the US market. To serve in his new role, Keith will relocate to the US later this year. This leadership transition ... Read the full article
Brett Gillmon appointed U.S. Property Practice Leader for Lockton
8th January 2026
Private insurance broker Lockton has announced the appointment of Brett Gillmon as U.S. Property Practice Leader, an Atlanta-based role. Gillmon will leverage his three decades of industry experience to oversee the strategic direction and continued growth of Lockton’s property offerings across the U.S. He will report to Devin Beresheim, Lockton’s U.S. Risk ... Read the full article
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