Reinsurance News
Intact sees higher than expected cat and large losses of $416m for Q2’26
9th July 2026
Intact Financial Corporation, a Canadian property and casualty insurer, has reported that catastrophe and large losses were elevated in the second quarter and settled $247 million above the firm's expectations on a pre-tax basis and net of reinsurance. By segment, personal property losses were the highest at $252 million, followed by ... Read the full article
Linda Langenberg appointed Head of Section Property Treaty Global Clients and Lloyd’s at Munich Re
9th July 2026
Munich Re, one of the world's leading reinsurance, primary insurance and risk solutions providers, has appointed Linda Langenberg as Head of Section Property Treaty Global Clients and Lloyd’s. She has taken up the new position after more than 16 years with Munich Re. During her career with the company, she has ... Read the full article
Teneo names Barry Gale as Senior MD, Financial Advisory
9th July 2026
Global advisory firm Teneo has appointed Barry Gale as Senior Managing Director (MD) for its Financial Advisory business. He will be based in London, and focus on restructuring and transactions in the insurance sector. Since 2021, Gale has served as the Global Head of Aon Reinsurance’s Legacy practice, specialising in mergers ... Read the full article
China looks to accelerate the development of the Shanghai International Reinsurance Center
9th July 2026
The State Financial Regulatory Commission and the Shanghai Municipal People's Government have issued a joint notice for the re/insurance industry outlining measures to accelerate the development of the Shanghai International Reinsurance Center. The Shanghai International Reinsurance Center officially launched in October 2024, building on the establishment of the international board for ... Read the full article
Gallagher Re reports 18% YoY rise in ceded reinsurance premium as US MGA market expands
8th July 2026
Gallagher Re, the global reinsurance broking and advisory business of Arthur J. Gallagher & Co., has reported that premium ceded by its carrier composite into the reinsurance market increased by 18% year-on-year during 2025, reflecting continued demand for reinsurance capacity from the expanding US managing general agent (MGA) sector. The findings, ... Read the full article
Hyperexponential launches Hyperoperator to automate commercial P&C underwriting workflows
8th July 2026
Hyperexponential (hx), a technology company that develops underwriting and pricing software for commercial property and casualty (P&C) insurers, has introduced Hyperoperator, an AI-powered underwriting agent designed to progress broker submissions from initial receipt to a decision-ready file while operating within an insurer's existing pricing models, underwriting appetite and delegated authority ... Read the full article
QBE North America launches QCyber Rapid Pay to accelerate cyber recovery support
8th July 2026
QBE North America, part of the global insurer QBE, has introduced QCyber Rapid Pay, a cyber insurance enhancement designed to accelerate financial support following a covered cyber event. Cyber incidents can disrupt operations and cash flow, creating significant uncertainty for businesses. To address this, QCyber Rapid Pay provides earlier access to ... Read the full article
SeyRe Global promotes Vanida Pillay to CEO
8th July 2026
Seychelles Reinsurance Global Limited (SeyRe Global), a Barbados-domiciled, Class 2 re/insurer has promoted Vanida Pillay to become its new Chief Executive Officer (CEO). Pillay has over three decades of industry experience across underwriting, business development, claims management, reinsurance broking, and construction and engineering insurance. She also has strong client and industry relationships, ... Read the full article
Nirvana to acquire certain assets of Ryan Specialty’s Swedish subsidiary
8th July 2026
Specialty Managing General Agent (MGA) Nirvana has signed a definitive agreement to acquire certain assets of Ryan C&S, whose ultimate parent company is Ryan Specialty, LLC. Ryan C&S is a division of Ryan Specialty Nordics, part of Ryan Specialty Europe GmbH, a subsidiary of Ryan Specialty, LLC. The financial terms of the ... Read the full article
Acrisure launches new service for UK high-net-worth individuals and families
8th July 2026
Acrisure, a global fintech company offering insurance, reinsurance, real estate and financial services, has launched Acrisure Private Office, designed to support high-net-worth individuals and families in the UK dealing with complex personal insurance needs. This initiative follows Acrisure’s acquisition of Smith Greenfield earlier this year, integrating specialised private client expertise into ... Read the full article
Aon reveals new leadership structure for Reinsurance in UK and Ireland
8th July 2026
Large, global insurance and reinsurance broking group Aon has expanded Tom Murray's role to Head of Reinsurance for the UK and Ireland, and appointed new leaders within the team to support the efficient delivery of solutions and services to clients. Murray takes on responsibility for the overall strategy, performance, and growth ... Read the full article
RGA expands Japan reinsurance activity through two coinsurance agreements
8th July 2026
RGA, a global life and health reinsurance company supporting insurers with risk management and financial solutions, has completed two block coinsurance agreements in Japan with Sumitomo Life Insurance Company and Tokio Marine & Nichido Life Insurance Co., Ltd. (Anshin Life). The transactions form part of RGA’s continued work with insurers ... Read the full article
Desai succeeds Sawyer as MD – PFR & Cyber at Markel Insurance
8th July 2026
Markel Insurance, the insurance operation within Markel Group Inc., has announced the appointment of Bhavik Desai as Managing Director – PFR & Cyber within its London Market business. Desai takes over the role from David Sawyer, who remains with the business until his planned retirement at the end of 2026. In his ... Read the full article
Liberty Mutual names Gareth Rees as Global Lines Leader for Global Transaction Solutions
8th July 2026
Liberty Mutual Insurance Group, a global insurer providing commercial and personal insurance products and services, has appointed Gareth Rees as Global Lines Leader for its Global Transaction Solutions (GTS) business, effective from 1 July 2026. Rees will be based in London and will report to Thomas Leahy, Global Product Leader – ... Read the full article
Weather events increasing claims complexity and cost in property loss adjusting: Gallagher Bassett
8th July 2026
Gallagher Bassett, a global claims and risk management provider operating across the United Kingdom, Europe, the Middle East, Asia, North America and Australia, has highlighted how changing weather patterns are contributing to higher costs and increasingly complex property claims within loss adjusting. Traditionally, insurers and loss adjusters were able to rely ... Read the full article
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