Reinsurance News
Vortex launches direct access to parametric hail insurance product
26th March 2026
Vortex Weather Insurance, a provider of parametric weather insurance solutions, has launched direct access to HailSafe, its parametric hail insurance product. HailSafe can now be purchased directly from Vortex by brokers and weather-exposed businesses, including open car lots, solar farms, commercial roofs, and agricultural operations, after previously being available only through ... Read the full article
Liberty Specialty Markets adds Ettore Palma as Broker Relationship Manager
26th March 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Ettore Palma to the newly created role of Broker Relationship Manager, effective immediately. In his new role, Palma will be based in the recently opened Rome office and report to Simone Jurina, Head of Distribution, Italy. His remit includes expanding ... Read the full article
Hailstorms now rival Cat 4 hurricanes in financial losses: Cotality
25th March 2026
Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed. For insurers and reinsurers, this shift demands a move away from historical data averages toward property-specific modelling. Ultimately, the entire ... Read the full article
Aon announces new leadership structure for US reinsurance specialty distribution segment
25th March 2026
Global re/insurance broker Aon has announced a new leadership structure for its U.S. specialty distribution segment within Reinsurance Solutions, spanning E&S carriers, MGAs/MGUs, program-specific carriers, hybrid fronts, and delegated authority platforms. A dedicated leadership team has been established to oversee the segment, purpose-built to enhance Aon’s specialised expertise, strengthen relationships with ... Read the full article
Low cat losses fuelled strong results for U.S. P&C insurers in 2025: Verisk & APCIA
25th March 2026
Verisk and the APCIA have reported that U.S. property and casualty (P&C) insurers posted some of their strongest underwriting results in years in 2025, although the performance was largely driven by unusually low catastrophe losses rather than any structural improvement in underlying risk. According to key financial indicators for private U.S. ... Read the full article
Marsh Risk secures insurance for construction of first commercial-scale advanced nuclear power plant in US
25th March 2026
Marsh Risk, a business of global re/insurance broker Marsh, has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1. This marks a significant move as the unit is the first commercial-scale, advanced nuclear power plant in the US to receive construction approval from the Nuclear Regulatory Commission. The placement also marks the ... Read the full article
Munich Re flags intensifying cyber risk landscape amid geopolitical strains
25th March 2026
With cyber insurance growing ever more relevant and cyber risks intensifying amid powerful geopolitical, technological and economic pressures, Munich Re has urged companies to place equal emphasis on resilience and protection, highlighting the need to deepen insurance penetration and strengthen collaboration to better support insureds and safeguard global economies and ... Read the full article
Rising Edge appoints Doug Robare as Chief Underwriting Officer
25th March 2026
Rising Edge Ltd, an insurance underwriting specialist, has announced the appointment of Doug Robare as Chief Underwriting Officer. In his new role, Robare will lead the development of new underwriting propositions across the portfolio, focusing on building data-led underwriting and pricing models that deliver scalable, sustainable performance while maintaining high underwriting ... Read the full article
Applied well placed to bring insurers closer to distribution partners: Streit, Ivans
25th March 2026
Insurers are seeking to get closer to their distribution partners and become easier to do business with, enabling them to attract more submissions, respond faster, and gain better insight into the risks they are selecting, a shift that Applied Systems, through key divisions such as Ivans and Cytora, is well ... Read the full article
Michael Reynolds named AXA XL Head of Marine, UK & Lloyd’s and Global CUO for Hull
25th March 2026
AXA XL, the property, casualty, and specialty risk division of AXA, has announced the appointment of Michael Reynolds as Head of Marine, UK & Lloyd’s and Global Chief Underwriting Officer for Hull. Reynolds will be based in London, and will start his new position in the third quarter of 2026. The executive ... Read the full article
Fuse expands beyond crop insurance with AI-powered Agriculture vertical
25th March 2026
Fuse, an AI-powered commercial insurance intelligence platform, has launched a new Agriculture vertical, designed to cover the complete Ag & Rural insurance landscape, giving brokers and carriers continuous, actionable intelligence across every coverage category. The Agriculture vertical represents Fuse's first fully audited industry release, establishing the model for the platform's systematic ... Read the full article
Arrow Global extends investment platform into specialty insurance with AGI launch
25th March 2026
Arrow Global Group (Arrow), a pan-European investment manager specialising in private credit and real estate, has launched Arrow Global Insurance (AGI), a strategic extension of its existing investment platform to capture institutional investment opportunities across the insurance value chain. Through AGI, Arrow will deploy its underwriting, structuring, and capital management expertise ... Read the full article
Canopius appoints Bridges and Cannon to senior claims roles
25th March 2026
Canopius Group, a global specialty and property & casualty re/insurer, has appointed Dan Bridges as Head of Claims, Bermuda and Global Head of Reinsurance Claims, and Patrick Cannon as Global Head of Cyber Claims. The two senior appointments align with the reinsurer’s commitment to delivering claims excellence globally. Bridges and Cannon ... Read the full article
New Dawn Risk and Continent 8 partner for iGaming cybersecurity and insurance
25th March 2026
Specialist Lloyd’s broker New Dawn Risk has partnered with Continent 8 Technologies, a provider of managed IT solutions for the iGaming and online sports betting industry. This collaboration merges Continent 8’s cyber security expertise with New Dawn Risk’s insurance proficiency, creating an integrated approach to risk management for operators. Through this partnership, ... Read the full article
HKIA reforms seen strengthening Hong Kong’s reinsurance hub status: AM Best
25th March 2026
A new AM Best report suggests that proposed changes to how the Hong Kong Insurance Authority (HKIA) assesses non-life insurers’ capital requirements, particularly for natural catastrophes, man-made risks, and offshore reinsurance business, could strengthen Hong Kong’s position as a global hub for reinsurance and risk management. According to the rating agency, ... Read the full article
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