Reinsurance News
Clear Group acquires Lloyd’s wholesale broker NPP
24th August 2026
Clear Group, the independent insurance intermediary, has acquired Newman Pearce & Partners LLP (NPP), a specialist Lloyd's wholesale broker, further strengthening its presence in the London Market and accelerating its wholesale growth strategy. NPP is an independent Lloyd's wholesale broker founded in 2019 by Gordon Newman, Neil ... Read the full article
P&C market softens further as premium decreases accelerate in Q2’26: The Council
24th August 2026
A softening property and casualty market became clearer in the second half of 2026, as premium decreases across all account sizes accelerated to an average of 2.0% from 1.2% in the first quarter. The findings, according to The Council of Insurance Agents & Brokers’ Commercial Property/Casualty Market Report for Q2 2026, ... Read the full article
AM Best revises AmericanAg’s rating outlook to positive
24th August 2026
AM Best has moved the outlook on American Agricultural Insurance Company’s (AmericanAg) Long-Term Issuer Credit Rating (Long-Term ICR) to positive from stable, while maintaining the company’s Financial Strength Rating (FSR) at A (Excellent) and its Long-Term ICR at “a” (Excellent), with the outlook for the FSR remaining stable. AmericanAg, based in ... Read the full article
Martin Newman named MD, Energy Operations at Alliant Insurance Services
24th August 2026
Alliant Insurance Services, a US-based insurance brokerage and risk management firm, has promoted Martin Newman to Managing Director, Energy Operations, within Alliant Property & Casualty. Newman is based in Dallas and works with energy operators and private equity investors on risk and insurance solutions covering a range of exposures. In his new ... Read the full article
AXA XL promotes Steven Lawrence to Head of Fine Art & Specie, UK & Lloyd’s
24th August 2026
AXA XL, the property and casualty specialty risk division of AXA, has promoted Steven Lawrence to the role of Head of Fine Art & Specie, UK & Lloyd’s, based in London, effective September 2026. Lawrence will continue to act as Global Practice Leader for Jewellers, Specie and Cash in Transit, a ... Read the full article
Pierre Guntzberger joins Gallagher Re as MD, Western Europe, Fac
24th August 2026
Global reinsurance broking and advisory firm Gallagher Re has appointed Pierre Guntzberger as Managing Director, Western Europe, Facultative, based in London. Guntzberger holds more than 20 years of reinsurance experience, having held a variety of senior positions across London and Paris. Gallagher Re added that, in particular, he has a strong track ... Read the full article
Arch Insurance International promotes Roger Moniz to Head of Transactional Risk
24th August 2026
Arch Insurance International, part of global insurer and reinsurer Arch Capital Group and a provider of specialty insurance solutions, has announced the promotion of Roger Moniz to Head of Transactional Risk. In his new role, Moniz will be responsible for growing Arch’s transactional risk portfolio, which provides coverage for representations and ... Read the full article
ACORD adds LMA’s Joe Brace and Nationwide’s Jennifer Kyung to Board
24th August 2026
ACORD, the global standards-setting body for the insurance industry, has announced the appointment of Lloyd’s Market Association’s Joe Brace and Nationwide’s Jennifer Kyung to its Board of Directors. The new Directors join an existing Board representing ACORD member organisations from across the insurance industry. Brace has served as Operations Director of the ... Read the full article
Omnia Re and Neema partner to expand specialist reinsurance solutions across emerging markets
24th August 2026
Omnia Re and Neema Insurance Managing Agency have partnered to expand access to specialist reinsurance solutions across Africa and other emerging markets. Under the agreement, Omnia Re has appointed Neema as its sole underwriting partner for all African cedants and risks, providing a "unique platform" through which the market can access ... Read the full article
APAC reinsurers report 4% rise in net insurance service revenue in 2025
24th August 2026
Credit ratings agency AM Best's new composite report on Asia-Pacific (APAC) reinsurance companies has disclosed that the region reversed 2024's revenue decline, posting a 4% increase in net insurance service revenue in 2025, driven primarily by overseas business. This increase comes on the heels of Asia’s insurance markets becoming more competitive ... Read the full article
AM Best raises Milli Re ratings on stronger capitalisation
24th August 2026
Credit rating agency AM Best has raised the financial strength and credit ratings of Milli Re, a Türkiye-based reinsurer, following an improvement in the company’s risk-adjusted capitalisation and broader balance sheet fundamentals. The ratings agency has upgraded Milli Re’s Financial Strength Rating (FSR) to B- (Fair) from C++ (Marginal), while its ... Read the full article
Talbot appoints Peter Bremner as Active Underwriter for Lloyd’s Syndicate 1183
24th August 2026
Talbot Underwriting Ltd, an international insurer and reinsurer and part of AIG, has appointed Peter Bremner as Active Underwriter for Lloyd’s Syndicate 1183. Bremner brings 20 years of industry experience, with extensive Lloyd’s market expertise, strong market relationships and a track record of underwriting leadership and profitable growth. He joins Talbot from ... Read the full article
Broadstone hires Matthew Ford to lead its Insurance Advisory & Remediation division
24th August 2026
Broadstone, an independent UK financial services consultancy, has announced the appointment of Matthew Ford as Head of its Insurance Advisory & Remediation division. Ford brings deep practitioner expertise in delivering client-centric solutions across the insurance market and has held various leadership positions at both consulting and insurance firms. He joins Broadstone from ... Read the full article
InEvo Re gets A- rating and stable outlook from AM Best
24th August 2026
Credit ratings agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to InEvo Re, a Bermuda-based specialist life reinsurer backed by Macquarie Asset Management, with a stable outlook. AM Best explained that these ratings reflect the reinsurer's “very strong” ... Read the full article
Steadfast agrees to be acquired by Amwins and Dragoneer in A$7.7bn deal
21st August 2026
Steadfast Group has entered into a Scheme Implementation Deed (SID) with Amwins Australasia and Starboard BidCo, an entity indirectly owned by funds managed or advised by affiliates of Dragoneer and Kohlberg Kravis Roberts & Co. L.P., for the acquisition of all of the issued shares of Steadfast at an enterprise ... Read the full article
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