Reinsurance News
AI12 strengthens Specialty insurance platform with Langley appointment
8th July 2026
AI12 Limited, a specialist insurance and reinsurance broker, has announced the appointment of Alfie Langley as Head of Cyber, a move that expands the company’s cyber capability as it continues to build depth across its specialty insurance platform. In his new role, Langley will be responsible for building and developing AI12's ... Read the full article
Swiss Re Institute forecasts non-life premium growth to slow to 0.6% in 2026
8th July 2026
Global non-life premium growth is forecast to slow to 0.6% in real terms in 2026, reflecting competitive pricing conditions and moderating economic momentum, according to Swiss Re Institute, part of the global reinsurer. The softening of non-life premium growth is well below the long-term trend of 3.6% (2015–2024 compound annual growth ... Read the full article
APRA finalises amendments to reinsurance reforms to boost flexibility
8th July 2026
The Australian Prudential Regulation Authority (APRA) has finalised amendments to the general insurance and reinsurance framework to improve access to alternative reinsurance options while simultaneously safeguarding the interests of policyholders. This reform represents the completion of APRA’s fourth commitment under its ‘Getting the Balance Right’ agenda, successfully easing the regulatory burden ... Read the full article
Gallagher strengthens Switzerland team with two new leadership appointments
8th July 2026
International insurance broker Gallagher has announced the appointment of two new executives to be based in Switzerland: Gosia Kuczewska and Samuel Trost. Kuczewska will be joining the firm as Head of Distribution and Client Management, bringing over 17 years of insurance experience gained across broking, underwriting, and ... Read the full article
Quotech and Provectus deliver AI-powered underwriting tech to Convex’s new MGA platform
8th July 2026
Quotech, a developer of integrated technology solutions for underwriting and broking teams, partners with Provectus, an AI systems integrator, to develop new AI-powered underwriting tools for MGA Kinetic Insurance Services. For Convex, the collaboration represents a strategic move to embed high-fidelity data directly into the underwriting workflow. To stand out in the ... Read the full article
HDI Global strengthens US Credit and Political Risk operations with Amy Shinkman appointment
8th July 2026
Corporate and specialty insurer HDI Global (HDI), a provider of commercial insurance and risk management solutions for businesses worldwide, has appointed Amy Shinkman as Credit and Political Risk Lead for its US operations. In the newly created role, Shinkman will be based in Washington, DC, where she will oversee the continued ... Read the full article
Kovrilo expands SME modular insurance offering
8th July 2026
Kovrilo, a MISSION-backed managing general agent that provides modular commercial combined insurance for UK small and medium-sized enterprises, has developed its proposition further through a series of enhancements intended to widen broker choice and improve protection against increasingly prominent business risks. Kovrilo has introduced these changes in partnership with specialist engineering ... Read the full article
PartnerRe announces three new leadership appointments
8th July 2026
PartnerRe, a Bermuda-based global reinsurer, has announced the appointments of Erik Rüttener as Interim Head of Retro and International, Olivia Bishop as Global Cat, CUO and Head of North America, and Carlo Casty as Head of Cat Modeling. Rüttener brings a wealth of industry experience to his new position, having joined ... Read the full article
Sompo to acquire workers’ comp insurer Service Insurance Companies
8th July 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has agreed to acquire Service Insurance Companies, a specialist in workers’ compensation insurance, by one of its US subsidiaries in an undisclosed transaction. This acquisition, subject to regulatory approvals and customary closing conditions, creates a compelling opportunity to ... Read the full article
MS Re hires Lisa Butera as CUO for NA and expands Lucas Castagnino’s leadership role
7th July 2026
Switzerland-based reinsurer MS Reinsurance has hired Lisa Butera from Swiss Re to serve as Chief Underwriting Officer (CUO) for North America (NA), and has also expanded Lucas Castagnino's role to CUO for Latin America and Caribbean. Butera brings more than three decades of leadership experience across insurance and reinsurance markets to ... Read the full article
More favourable reinsurance conditions strengthen insurers ahead of 2026 hurricane season: KBRA
7th July 2026
KBRA, the US-based global credit ratings agency, says that more favourable reinsurance conditions are providing insurers with stronger protection ahead of the 2026 Atlantic hurricane season, despite warning that a quieter seasonal outlook does not remove the threat of significant catastrophe losses. The ratings agency argues that greater reinsurance availability, lower ... Read the full article
Correa promoted to President & CEO of Munich Re Canada (Life)
7th July 2026
Global reinsurer Munich Re has announced the appointment of Michael Correa as President and CEO of its Canada (Life) business, effective September 1, 2026. The executive is succeeding Bernard Naumann, who has been appointed to lead Munich Re’s Life & Health business in Europe and Latin America beginning January 1, 2027. In ... Read the full article
Texel and ICD sign MoU to mobilise private sector investment in insurance
7th July 2026
The Texel Group, an independent specialist credit and political risk broker, has signed a memorandum of understanding (MoU) with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IsDB Group, to establish a framework to use non-payment insurance as a strategic tool to ... Read the full article
Adaptive Insurance reaches $10m in funding with new capital injection
7th July 2026
Adaptive Insurance, a company focused on climate resilience using AI and data to offer climate-based parametric insurance, has successfully secured an additional $5 million in financing from new and existing investors. According to the announcement, this capital injection will be used to accelerate Adaptive’s development and distribution of products designed to ... Read the full article
Duck Creek acquires Send Technology to strengthen AI-driven underwriting capabilities
7th July 2026
Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has acquired Send Technology Solutions Ltd, an AI-native underwriting orchestration engine. The acquisition creates the industry’s first agentic solution to unite core insurance operations and intelligent underwriting workflows across the policy lifecycle for multiple operating ... Read the full article
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