Reinsurance News
Lynx Specialty joins with Property Guardian to strengthen wildfire risk underwriting
28th April 2026
Lynx Specialty, an excess and surplus (E&S) insurance programme specialising in commercial property, has partnered with Property Guardian to support its expansion into wildfire-exposed markets. The arrangement is intended to give Lynx Specialty’s underwriters more precise, property-level insight into wildfire exposure, enabling the company to consider commercial risks that might otherwise ... Read the full article
Saudi Re completes surplus distribution, reverses SAR 53.5m
28th April 2026
MENA-region reinsurer Saudi Re has completed the implementation of its reinsurance surplus distribution policy, a strategic move that is expected to provide a significant boost to its financial performance in the coming months. In a statement to the Saudi Exchange, the company confirmed it has completed the necessary procedures to settle ... Read the full article
Mark Kahf named Head Property Switzerland at Swiss Re Corporate Solutions
28th April 2026
Mark Kahf has been appointed Head Property Switzerland at Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, effective 1 May 2026. Kahf initially joined Swiss Re Corporate Solutions in 2014 as a Property Underwriter, following a three-year tenure at global insurer Chubb. During his time at Chubb, ... Read the full article
ICA urges greater federal investment in flood defences for local communities in Australia
28th April 2026
The Insurance Council of Australia (ICA), the national body representing Australia’s general insurance industry, has urged a federal parliamentary inquiry to prioritise increased funding for local governments to improve flood defences in response to more severe and frequent extreme weather. In its submission to the inquiry into Local Government Funding and ... Read the full article
Newport Specialty Partners completes first acquisition with majority stake in Complex Coverage
27th April 2026
Newport Specialty Partners, a recently established specialty insurance platform backed by Lovell Minnick Partners, has completed a majority investment in Complex Coverage, Inc., a managing general agency specialising in homeowners’ and personal lines insurance in New York. Newport Specialty Partners is focused on developing a diversified managing general agency and specialty ... Read the full article
Price Forbes appoints Malcolm Payton to senior leadership team
27th April 2026
Price Forbes, a specialist insurance and reinsurance broker, has announced the appointment of Malcolm Payton to its senior leadership team, effective 9th December 2026. Based in London, Payton will report to John Thompson, CEO, Specialty Broking. In his new role, he will work closely with the Price Forbes and Price Forbes ... Read the full article
Optalitix partners with H.W. Kaufman to support London Market scaling through Burns & Wilcox
27th April 2026
Optalitix, an Insurtech focused on underwriting and pricing solutions, has announced a strategic partnership with H.W. Kaufman Group, a global insurance organisation, to assist in expanding its London Market business through Burns & Wilcox, its wholesale insurance broking and underwriting arm. The arrangement is aimed at strengthening how London Market commercial ... Read the full article
Eric Andersen to become CEO of AIG on June 1st
27th April 2026
The Board of Directors of global insurer American International Group, Inc. (AIG) confirms that Eric Andersen will become President and Chief Executive Officer (CEO) of AIG and join the company's Board on June 1st, 2026. It was revealed in January that Peter Zaffino will transition to Executive Chair of the ... Read the full article
The Fidelis Partnership reaffirms commitment to the Middle East
27th April 2026
The Fidelis Partnership (TFP), a specialty insurance and reinsurance group, has stated its intention to deepen and expand partnerships in the Middle East. Following a high-level executive visit to the region, the re/insurer emphasised that consistent physical presence is vital for navigating the region’s current economic and geopolitical volatility. TFP views direct, ... Read the full article
Thana Narayanan appointed CUO at Korean Re in Dubai
27th April 2026
Korean Reinsurance Company, a global reinsurance provider headquartered in South Korea, has announced that Thana Narayanan has taken up the role of Chief Underwriting Officer (CUO) at its Dubai office. Narayanan brings extensive regional and sector experience to Korean Re, having spent over eight years with the organisation prior to this ... Read the full article
Bermuda and US re/insurers maintain strong capital positions despite rising losses and softening market: Fitch
27th April 2026
Fitch Ratings, a global credit rating agency, has published a report reviewing a group of Bermuda and US-based re/insurance companies, namely Arch Capital Group Ltd., Ascot Group Limited, Hamilton Insurance Group Ltd., RenaissanceRe Holdings Ltd. and SiriusPoint Ltd. In its report, Fitch Ratings states that financial strength across the group remains ... Read the full article
Fathom Re appoints Mark Rex as Managing Partner
27th April 2026
Dallas, Texas headquartered reinsurance intermediary, Fathom Reinsurance Partners, has announced the appointment of industry veteran Mark Rex as Managing Partner. Rex brings nearly four decades of reinsurance industry experience, specialising in Treaty and Program broking within Property and Casualty lines. His arrival is expected to significantly enhance Fathom Re’s client advisory capabilities, ... Read the full article
Kinsale Capital reports improved Q1’26 underwriting income
27th April 2026
Kinsale Capital Group, Inc. has reported stronger underwriting income of $94.5 million and a combined ratio of 77.4% for the first quarter of 2026, compared to $67.5 million and 82.1%, respectively, for Q1’25. The increase in underwriting income was driven by growth in net earned premiums of $407 million as compared ... Read the full article
Beazley adds Sundeep Khera as Head of Marine
27th April 2026
Beazley, a large specialist insurer, has appointed Sundeep Khera as Head of Marine, effective April 21st, 2026, reporting to Tim Turner, Group Head of Marine, Accident & Political (MAP) Risks. In his new role as part of the MAP Risks team, Khera will lead the Marine, Energy, Aviation, and Space teams. He ... Read the full article
Reinsurance market conditions sustainable, but discipline is being tested: QBE Re’s Cook
27th April 2026
Current reinsurance market conditions remain sustainable, but discipline is being tested particularly by abundant capital and increased competition in specific lines, according to Jamie Cook, Chief Partnership Officer, QBE Re. In a recent interview with Reinsurance News during our visit to Bermuda, Cook emphasised that maintaining cost of capital discipline is ... Read the full article
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