Reinsurance News
AIG’s Board of Directors elects Stoddard as Independent Director
15th May 2026
The Board of Directors of global insurer American International Group (AIG) has elected Thomas (Tom) Stoddard as an Independent Director, effective June 1st, 2026. Stoddard has over 35 years of senior leadership experience in the financial services sector across insurance, asset management and investment banking. He is the former Vice Chairman ... Read the full article
McLarens bolsters Middle East leadership with two senior appointments
15th May 2026
Global claims services provider McLarens is strengthening Middle East leadership with two senior appointments, based in Dubai. Mahesh Ganesan has been appointed as Operations Director - Middle East, tasked with overseeing regional operations, with a focus on improving efficiency and delivering a consistent, high-quality service for clients across the region. He has ... Read the full article
Swiss Re Asia appoints Daniel Neo to its Board of Directors
15th May 2026
Global reinsurer Swiss Re has announced the appointment of Daniel Neo as a member of the Board of Directors for Swiss Re Asia Pte. Ltd. (SRAL), effective 1st June 2026. Neo brings more than two decades of C-suite level experience and deep regional expertise, having held senior leadership roles across multiple ... Read the full article
Hiscox leaves Lloyd’s Syndicate 33 forecasts unchanged, improves 6104 outlook
15th May 2026
Hiscox has left forecasts unchanged for its flagship Lloyd’s Syndicate 33 for the 2024 and 2025 years of account, while materially improving the 2024 outlook for Syndicate 6104, according to updated year-of-account estimates. The Bermuda-headquartered specialist insurer said the current estimate for Syndicate 33’s 2024 year of account remains unchanged at ... Read the full article
RenRe’s Qutub and Curtis to retire at year-end, Neuber named CFO
15th May 2026
Robert “Bob” Qutub, Chief Financial Officer (CFO), and Ross Curtis, Chief Portfolio Officer of Bermuda-domiciled, global reinsurance company, RenaissanceRe Holdings Ltd. (RenRe), are set to retire on December 31st, 2026. RenRe confirms that Matthew Neuber, RenRe’s Senior Financial Officer and Corporate Treasurer, will succeed Qutub as CFO, effective January 1st, 2027. ... Read the full article
Pacific Life Re hires Febby Mulewa as Head of Underwriting and Claims, Protection, Europe
15th May 2026
Life reinsurer Pacific Life Re has announced the appointment of Febby Mulewa as Head of Underwriting and Claims, Protection, Europe, where she will oversee initiatives aimed at driving sustainable growth and operational excellence across the Protection line of business. Mulewa will collaborate closely with the Pacific Life Re global underwriting and ... Read the full article
S&P assigns A+ rating to MSIG USA’s new E&S platform
15th May 2026
MSIG Specialty Insurance America, Inc., MSIG USA’s newly established excess and surplus (E&S) insurer, has received an A+ financial strength rating and issuer credit rating with a stable outlook from S&P Global Ratings. This rating is a significant milestone for MSIG USA and its ongoing development as a “leading data-driven specialty ... Read the full article
Protective Life’s leader Bielen to retire at year-end, Wells to succeed as President and CEO
15th May 2026
Daiichi Life Group's US subsidiary, Protective Life Corporation, has disclosed that its Chief Executive Officer (CEO), Rich Bielen, is set to retire at the end of 2026 and be succeeded by Paul Wells, currently President & Chief Financial Officer (CFO), as President and CEO, effective January 1st, 2027. Bielen has served ... Read the full article
Nepal drought parametric insurance payout supports families facing hunger and poverty
15th May 2026
Tearfund, the UK-based international humanitarian and development organisation, has reported what is believed to be the first drought insurance payout of its kind in Nepal, helping vulnerable families avoid severe food shortages and deeper poverty following failed harvests. The payout was triggered through a parametric insurance product developed by Global Parametrics, ... Read the full article
Santam names Hemant Gulati as Country Head and Principal Officer, GIFT City, India
15th May 2026
Africa’s largest non-life insurer, Santam Group, has appointed Hemant Gulati as Country Head and Principal Officer of its India-based operation at the Gujarat International Finance Tec-City (GIFT City), India’s first operational greenfield smart city and International Financial Services Centre, subject to regulatory approval. In his new role, Gulati will lead Santam’s ... Read the full article
ICIEC, OeKB strengthen export credit and investment risk coverage with reinsurance agreement
14th May 2026
ICIEC, a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and OeKB, acting as agent of the Republic of Austria under the Export Guarantees Act, have signed a Framework Reinsurance Agreement to strengthen export credit and investment risk coverage. This agreement, signed during the 2026 Spring Meeting of ... Read the full article
Accelerant CEO hails AI as ‘meaningful execution enabler’ amid productivity gains
14th May 2026
Speaking during Accelerant’s Q1 2026 earnings call, Co-Founder and Chief Executive Officer Jeff Radke highlighted the productivity gains the firm is achieving through its use of artificial intelligence, including the development of in-house solutions designed to reduce, and potentially eliminate, its reliance on costly third-party software systems. Having previously emphasised that ... Read the full article
Howden Asia appoints Alaric Lee and Alfred Sham to key leadership roles
14th May 2026
Global insurance broker Howden has announced a significant leadership transition for Howden Asia, appointing Alaric Lee as Chief Executive Officer, Hong Kong, and Alfred Sham as Chief Strategy Officer, Asia. Lee currently serves as Chief Commercial Officer, Asia, and will assume his new role on 1st July 2026. He brings more than ... Read the full article
MS&AD completes acquisition of 18% stake in MassMutual’s Barings
14th May 2026
Japanese insurance group MS&AD Insurance Group Holdings, through its subsidiary Mitsui Sumitomo Insurance Co., Ltd. (MSI), has completed the acquisition of an 18% equity stake in Barings, a global alternative asset management subsidiary of MassMutual. Initially announced in November 2025, the completion of the transaction establishes MS&AD as a long-term ... Read the full article
Our ability to effectively manage complex reinsurance agreements is driving growth: INTX CEO Lewis
14th May 2026
Robert Lewis, CEO of INTX Insurance Software, highlighted that the company’s assumed and ceded reinsurance products are gaining traction due to their ability to manage complex reinsurance treaties and facultative contracts, with flexibility and configurability at the core of their value proposition. INTX offers two reinsurance products: INTX Re, a purpose-built ... Read the full article
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