Reinsurance News
AXA XL appoints Leyla Delic as Chief Technology and AI Officer
11th March 2026
AXA XL, the property, casualty, and specialty risk division of AXA, has announced the appointment of Leyla Delic as Chief Technology and AI Officer. Based in London, Delic will report to Scott Gunter, CEO of AXA XL, and Matthieu Caillat, Group Chief Technology & AI Officer and CEO of AXA Group ... Read the full article
AM Best reports decline in US P&C insurer impairments in 2024
11th March 2026
Only one US property and casualty (P&C) insurer was recorded as impaired in 2024, a notable reduction from the 13 impairments reported a year earlier, according to credit rating agency AM Best. AM Best outlines the findings in its report, 2024 US P&C Impairments Update. According to AM Best, the sole ... Read the full article
Pen Underwriting enters UK mid-market professional indemnity segment
11th March 2026
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has officially launched in the UK mid-market professional indemnity (PI) segment, catering to firms with larger fee incomes or higher turnovers. The new offering is backed in capacity by a panel of A-rated insurers that the MGA has partnered with, which complements ... Read the full article
Aon’s Tracy-Lee Kus appointed new chair of LIIBA
11th March 2026
Tracy-Lee Kus, CEO of Aon’s Global Broking Centre, has been appointed chair of the London & International Insurance Brokers’ Association (LIIBA), the representative body for London market insurance brokers. Kus, a 14-year veteran of Aon who has held several senior roles at the firm, succeeds Andy Bragoli of Howden, who has ... Read the full article
Markel names Kristen Dardia as Head of Portfolio Analytics, US & Bermuda
11th March 2026
Markel Insurance, the insurance operation within Markel Group Inc., has appointed Kristen Dardia as Head of Portfolio Analytics, US & Bermuda, based in New York. In her new role, Dardia will lead Markel's advanced analytics, technical pricing, and portfolio management capabilities across the two regions. This appointment aligns with the insurer’s long-term ... Read the full article
Achmea secures €8bn longevity reinsurance from Munich Re and Pacific Life Re, advised by Aon
11th March 2026
Achmea and Achmea Pension & Life Insurance, the joint venture between Achmea and Sixth Street established on 1 October 2025, have announced the completion of two longevity reinsurance transactions, executed by Achmea Pension & Life Insurance, that together cover approximately €8 billion in pension liabilities and around half of ... Read the full article
HIVE collaborates with Dragonfly to enhance aviation security risk management
11th March 2026
HIVE Underwriters, an independent specialty managing general agent (MGA), has expanded its network of intelligence partners with the addition of Dragonfly Intelligence, a global intelligence and security risk advisory firm, to strengthen aviation security risk management. Dragonfly Intelligence, part of Dow Jones Global Risk Insights, provides geopolitical and security intelligence to ... Read the full article
DAC Beachcroft expands Miami office with new insurance practice
11th March 2026
International law firm DAC Beachcroft has expanded its footprint in the United States by establishing a new Miami office and new insurance coverage teams in both Miami and Los Angeles. Joel McNabney, Partner and Audrey Goldman, Counsel, have joined the firm in Miami and are experts in insurance and reinsurance, advising ... Read the full article
Hong Kong financial regulators introduce GenA.I. Sandbox++ to support innovation in financial services
11th March 2026
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandatory Provident Fund Schemes Authority (MPFA) have launched the Generative Artificial Intelligence (GenA.I.) Sandbox++ initiative, in partnership with Hong Kong Cyberport Management Company Limited (Cyberport). The HKMA, SFC, IA, and MPFA serve as Hong Kong’s key ... Read the full article
Generali adds Allianz’s Sun Lei as Deputy Regional Officer, Asia
11th March 2026
Italy-headquartered global insurer Generali has appointed Sun Lei as Deputy Regional Officer, Asia, effective March 9th, 2026, based in Hong Kong. The appointment aligns with the insurer’s goal to capture the region’s long-term potential through the combination of local expertise with global scale, advance sustainable growth, and expand its presence in ... Read the full article
SageSure secures $200m in reinsurance through expanded sidecar platform
10th March 2026
SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has closed its second reinsurance sidecar transaction with Seawall Re II Ltd., securing $200 million in capital. Including the debut Seawall Re transaction in July 2025, the SageSure-sponsored sidecar platform has now secured $250 million in less than a year. According to ... Read the full article
LIRG strengthens global reinsurance capabilities with Mandarin Re agreement
10th March 2026
Algorithmic Insurance Services, Inc., trading as LIRG (Latin International Reinsurance Group), a company providing data-driven reinsurance solutions, has signed a Delegated Underwriting Authority agreement with Mandarin Re Ltd., a Malaysian reinsurer. The agreement grants LIRG’s platform the authority to underwrite and bind policies and contracts of up to $3 million each, ... Read the full article
Data centres are insurable but size and scale pose challenges: Marsh execs
10th March 2026
Marsh executives affirmed that data centres are an insurable asset class, however, their sheer size and scope create challenges, noting that these multi-billion-dollar facilities require careful risk engineering and strong engagement between project sponsors and re/insurers. Speaking during the recent Digital Infrastructure Press Webinar hosted by Marsh, Mike Matthews, Global Digital ... Read the full article
Gallagher Australia appoints JD Veldsman as Chief Commercial Officer
10th March 2026
Gallagher Australia, the local arm of the global insurance brokerage, risk management and consulting firm, has appointed Johannes-Daniel Veldsman as Chief Commercial Officer, where he will oversee the company’s specialist divisions and commercial strategy. In the role, Veldsman will manage Gallagher Australia’s areas of specialisation and support the continued development of ... Read the full article
Canopius delivers strong premium growth in 2025 as profit hits $467m
10th March 2026
Canopius Group, an international specialty and property and casualty (P&C) re/insurance company, had a strong 2025 with profit after tax of $467 million, an increase of 16% on the prior year, as insurance contract written premium (ICWP) rose by 27% year-on-year to $4.5 billion. For Canopius, ICWP has now almost doubled ... Read the full article
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