Reinsurance News
AXIS hires Jim Rhyner to lead its NA Financial Lines, Programs, & Canada businesses
20th August 2026
AXIS Capital Holdings Limited, a Bermuda-based global specialty insurer and reinsurer, has announced the appointment of Jim Rhyner as Head of North America Financial Lines, Programs, and Canada, effective 31 August 2026. Rhyner succeeds John Van Decker, who will retire following a career spanning more than four decades, including 15 years ... Read the full article
Europe’s big four maintain property cat reinsurance appetite despite rate softening: AM Best
20th August 2026
The European “Big Four” reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – continue to have an appetite for property catastrophe reinsurance despite rate softening, according to AM Best’s recent market segment report. The ratings agency noted that this continued appetite follows a period of right-sizing of portfolios, increasing ... Read the full article
AIG announces leadership appointments across China and Hong Kong
20th August 2026
AIG, the global insurance company providing commercial and personal insurance solutions, has announced a senior leadership change across its Greater China operations, with Lisa Sun appointed President of Mainland China, Hong Kong and Macau and CEO of AIG Hong Kong, subject to regulatory approval. The appointment was announced by Scott Leney, ... Read the full article
Malibu Life raises $125m from open offer
20th August 2026
Malibu Life Holdings Limited, a London Stock Exchange-listed insurance holding company focused on the US retirement and annuity market, has raised USD 125 million from a Placing and Open Offer at a price of USD 14.50 per New Ordinary Share. The offer closed for acceptances on 18 August 2026, as the ... Read the full article
EU life re/insurers well positioned to manage excess mortality driven by heatwaves: S&P
20th August 2026
European life re/insurers remain well positioned to assess and manage the growing risks of heatwaves as these become one of the continent’s deadliest climate risks, according to a recent S&P report. Europe is warming at roughly twice the global average rate. Tens of thousands of additional deaths recorded during recent heatwaves ... Read the full article
Standard Life partners with CVC, PFI & Goldman Sachs to expand PRT business
20th August 2026
Retirement specialist Standard Life has entered a strategic partnership with a consortium of institutional investors to expand its Pension Risk Transfer (PRT) business, targeting up to £2 billion in capital commitments over five years. The consortium includes CVC Capital Partners plc and Prudential Financial, Inc. (PFI) of the US, alongside The ... Read the full article
AXA XL names Kerry Vitolano Head of US Risk Management
20th August 2026
AXA XL, the property and casualty specialty risk division of AXA, has appointed Kerry Vitolano as Head of East, US Risk Management and Head of US Risk Management, based in New York. In her new role, Vitolano reports to Matthew Stitham, Chief Underwriting Officer, Casualty in the Americas for AXA XL. Vitolano ... Read the full article
Consecutive price reductions at renewals to feed through to big four’s earnings: Fitch
20th August 2026
According to Fitch Ratings, the four largest European reinsurers, Munich Re, Swiss Re, Hannover Re, and SCOR, reported a stable, record average return on equity of 21.5% in H1 2026, supported by strong underwriting and investment results. However, the rating agency expects the adverse effects of ... Read the full article
Lockton appoints Lotte Kragh as Head of Energy for Denmark
20th August 2026
Lockton, a privately held independent insurance brokerage, has announced the appointment of Lotte Kragh as Head of Energy for Denmark. In her new role, Kragh will lead and develop Lockton Denmark’s Energy Practice, focusing on strategic growth, portfolio management, and delivering specialised risk advisory and insurance solutions to clients across the ... Read the full article
Brodzinski named CUO at MSIG USA
20th August 2026
MSIG USA, the US specialty insurance arm of the global MS&AD Insurance Group, has announced the appointment of industry veteran Carrie Brodzinski as Chief Underwriting Officer (CUO). Brodzinski will leverage her three decades of underwriting and leadership experience to lead MSIG USA's enterprise underwriting strategy, working across the company's specialty businesses ... Read the full article
Aon appoints Doug Hammond as Global Executive Chairman of middle market
20th August 2026
Aon, the global professional services firm specialising in risk, insurance, retirement and health solutions, has announced changes to its middle market leadership structure following the integration of NFP into Aon's business. Doug Hammond, who has served as CEO of NFP, will move into the newly expanded role of Global Executive Chairman ... Read the full article
AM Best upgrades Dunav-Re’s Issuer Credit Rating
20th August 2026
AM Best has upgraded Dunav-Re a.d.o.’s Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed its Financial Strength Rating (FSR) of B++ (Good). The Long-Term ICR outlook has been revised to stable from positive, while the outlook for the FSR is stable. AM Best noted that the ... Read the full article
Charlotte Allen joins Chaucer as Head of Underwriting Governance
20th August 2026
Global specialty insurer and reinsurer Chaucer has announced the appointment of Charlotte Allen as Head of Underwriting Governance. In her new position, Allen will lead Chaucer’s newly established Underwriting Governance function, strengthening the company’s governance framework and supporting the business as it continues to evolve and grow. The executive brings a wealth ... Read the full article
RockRose Risk secures $12.5m Series A to build integrated wildfire insurance platform
19th August 2026
RockRose Risk, an insurance brokerage specialising in wildfire risk and mitigation for property owners, has secured USD $12.5 million in Series A funding as it moves to expand its insurance offering into a broader property risk management platform. The round was co-led by Crosslink Capital and Congruent Ventures, with participation from ... Read the full article
Howden Re adds David Simpson to its International broking team
19th August 2026
Reinsurance broker Howden Re has appointed David Simpson to its International broking team, based in London. He will join the firm in early 2027, following the completion of his contractual obligations with his current employer. In his new role, the broker confirmed that Simpson will be vital at driving growth across the ... Read the full article
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