Reinsurance News
Paolo Mantero named Zurich’s Group Head of Reinsurance
5th January 2026
Global multi-line insurer, Zurich Insurance,, has appointed Paolo Mantero as its new Group Head of Reinsurance, who is transitioning to the role from his most recent position as Chief Strategy Officer (CSO). Mantero, who brings a wealth of strategic depth and financial acumen to the role, has held several leadership ... Read the full article
Global reinsurer capital up 6% to $760bn in 9M’25 with average ROE of 16%: Aon
5th January 2026
Global reinsurer capital increased by more than 6% from the end of 2024 to $760 billion as at September 30th, 2025, with growth in both traditional and alternative capital, driven by retained earnings, unrealised gains, and new inflows to sidecars and the catastrophe bond market, according to Aon's January 2026 ... Read the full article
2026 to mark a decisive shift toward operationalised AI: Xceedance
5th January 2026
In 2026, insurers will move from experimenting with AI to scaling it with human oversight, stronger governance, and decisions driven by real-time data for underwriting, Travis MacMillian, president of the Americas at Xceedance, has suggested. Xceedance said 2026 will represent a decisive shift toward operationalised AI, real-time risk intelligence, and participatory ... Read the full article
Cyber market benefited from more-than-adequate capacity at 1.1: Gallagher Re
5th January 2026
The cyber market benefited from more-than-adequate capacity at the January 1st, 2026, reinsurance renewals, with levels far exceeding those available a few years ago, according to reinsurance broker Gallagher Re's 1st View renewal report. Ian Newman, Global Head of Cyber, and Jennifer Braney, Head of International Cyber, said that while the ... Read the full article
Sompo appoints Christian Silies as President of Europe Reinsurance
5th January 2026
Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Christian Silies as President of Europe Reinsurance. Silies brings more than two decades of industry experience, with expertise spanning specialty, marine, and energy lines. He joined Sompo in March 2022 as Head of Global Marine & Energy, and ... Read the full article
Ryan Spettigue joins AIG as Head of Client and Broker Engagement, Australia
5th January 2026
Ryan Spettigue has joined AIG as the firm's new Head of Client and Broker Engagement, Australia. Spettigue joins AIG from Chubb, where he served in a number of senior underwriting roles. He joined Chubb in 2014 as a casualty underwriter before becoming Workers’ Compensation Manager in Hong Kong and later Senior Underwriter, ... Read the full article
The Baldwin Group and CAC complete merger worth $1.03bn
5th January 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have completed the previously announced merger, with a total upfront consideration of $1.026 billion. To recap, this merger is expected to create one of ... Read the full article
APAC reinsurance capacity surges as supply outpaces demand at Jan 1 renewals: Guy Carpenter
5th January 2026
Guy Carpenter experts from the Asia Pacific region have shared their insights on the reinsurance renewals for January 1, 2026, highlighting the region’s favourable results for the year with lower than average cat losses. Tony Gallagher, CEO Asia Pacific noted that for the past three years, Guy Carpenter has seen a ... Read the full article
Travelers completes sale of Canadian personal & majority of commercial arm to Definity
5th January 2026
The Travelers Companies, Inc., a provider of property and casualty insurance, has completed the sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation for approximately $2.4 billion. The sale was initially announced in May 2025. Travelers has retained ... Read the full article
Munich Re’s ERGO acquires non-life insurer ADB Gjensidige in the Baltics
2nd January 2026
Global reinsurer Munich Re’s primary insurance arm, ERGO Group, has completed the previously announced acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurer Gjensidige Forsikring ASA, including its branches in Estonia and Latvia. The announcement was made by ERGO International AG, the segment managing the group’s international business ... Read the full article
ASR renews Baobab Consortium with increased capacity of up to $26m per risk
2nd January 2026
Africa Specialty Risks (ASR), a re/insurance group specialising in Africa and the Middle East, has announced the renewal of Baobab, the first Lloyd’s Consortium focused exclusively on Africa, with an increase in capacity of up to USD 26 million per risk. The Baobab Consortium, launched on January 1, 2025, is ... Read the full article
Skyward Specialty completes acquisition of Apollo for $555m
2nd January 2026
Skyward Specialty Insurance Group, Inc., a property and casualty (P&C) specialist insurer, has completed its acquisition of Lloyd’s specialist Apollo Group Holdings Limited at the previously agreed terms. Launched in 2009, Apollo is a US-focused specialty underwriting platform operating at Lloyd’s of London. It offers products across Property, Casualty, Marine, Energy ... Read the full article
Aon President and CEO Greg Case’s employment agreement extended
2nd January 2026
The Board of Directors of global insurance and reinsurance broking group, Aon, has approved an extension of President and Chief Executive officer (CEO), Greg Case's employment agreement through December 31st, 2030. Case has been with the broking giant for more than 21 years, having joined the firm as President and CEO ... Read the full article
US casualty reinsurers prioritise portfolio diversification and long-term relationships at 1.1: Guy Carpenter
2nd January 2026
In a notable reversal of recent market trends, the January 1, 2026, reinsurance renewal cycle saw difficult casualty placements being traded for property positions - the exact opposite of the trade seen just three years ago, according to a recent Guy Carpenter report. The casualty reinsurance renewals had nuanced outcomes based ... Read the full article
Great American’s Environmental Division collaborates with División Daños México
2nd January 2026
Great American Insurance Group’s Environmental Division has announced its collaboration with its División Daños México. This partnership marks a significant expansion of the Group’s specialised environmental capabilities, bringing dedicated pollution liability coverage to the Mexican market. The collaboration is designed to equip businesses in Mexico with a strong protection against the complex ... Read the full article
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