Reinsurance News
DXC to leverage Anthropic’s Claude for mission-critical enterprise systems
11th June 2026
DXC Technology, a global technology firm with a specialism in insurance and reinsurance, has entered into a multi-year global partnership with Anthropic, an artificial intelligence (AI) safety company and creator of Claude. Through this joint initiative, DXC has become one of the few Global Premier partners in the Claude Partner Network, ... Read the full article
AXIS appoints new senior underwriter in US healthcare reinsurance
11th June 2026
AXIS, a global specialty insurer and reinsurer, has appointed Brian Scott as Senior Underwriter within its US Healthcare Reinsurance team. Scott joins AXIS with close to twenty years of experience across the healthcare sector, having previously held roles at RGA Reinsurance, Voya Financial, Point6 Healthcare and Lockton Companies. He has an extensive ... Read the full article
Lockton’s revenue rises 12% as reinsurance business continues strong trajectory
11th June 2026
Lockton, an independent insurance broker, has reported a 12% year-over-year increase in global revenue to approximately $4.5 billion for fiscal year 2026, with continued strong growth at Lockton Re, the firm’s global reinsurance business. The firm noted that the revenue increase included 11% organic growth, marking Lockton's sixth consecutive year of ... Read the full article
Lancashire Insurance US expands product portfolio, announces new appointments
11th June 2026
Lancashire Insurance US has announced three new appointments alongside the expansion of its product portfolio with three new classes of business: financial, inland marine, and environmental liability. These new products double the operation’s underwriting offering and complement the existing classes of energy casualty, property, and general casualty. Jason Rubman, who brings 25 ... Read the full article
Fortitude Re completes second $500m FABN issuance
11th June 2026
FGH Parent, L.P. (together with its subsidiaries, Fortitude Re), a global reinsurance company, has announced that Fortitude Life Insurance & Annuity Company (FLIAC) has completed its second funding agreement-backed notes (FABN) offering to institutional investors. Fortitude Re entered the funding agreement-backed notes market in October 2025 with an inaugural $500 ... Read the full article
Oxbridge Re’s SurancePlus to launch tokenised reinsurance securities on Solana with HCI Group’s Fortex Re program
11th June 2026
Oxbridge Re, a leader in digitising reinsurance securities as tokenised real-world assets (RWAs), together with its subsidiary SurancePlus, has agreed with HCI Group, Inc. to launch three tokenised reinsurance securities that provide synthetic contractual returns and catastrophe exposures based on the outcome of reinsurance contracts underwritten by HCI’s reinsurance subsidiary, ... Read the full article
BMS launches Lloyd’s Consortia & Delegated Authority team led by Richard Wynn
11th June 2026
BMS Group, an independent global insurance and reinsurance broker, has launched a new cross-team unit focused on the broking and servicing of Lloyd’s market consortia, led by Richard Wynn, as Managing Director of Delegated Authority & Consortia. The newly established unit will draw on BMS’s operational expertise in delegated authority structures ... Read the full article
Tokio Marine Kiln appoints Georgina Rennie as Head of Political Violence & Terrorism
11th June 2026
Tokio Marine Kiln (TMK), an international specialty insurer, has announced the appointment of Georgina Rennie as Head of Political Violence and Terrorism (PVT). In her new role, Rennie will be responsible for leading the strategic development and underwriting performance of the company's PVT portfolio across London and Singapore. She will report ... Read the full article
Intense insurer competition pushes UK DB buy-in pricing to record levels, LCP reports
11th June 2026
Lane Clark & Peacock (LCP), a UK pensions, actuarial and investment advisory consultancy, has reported that strong competition among insurers has driven UK defined benefit pension scheme buy-in pricing to record levels, according to its latest pension risk transfer market update. LCP attributes the development to insurer capacity remaining at historically ... Read the full article
Pacific Life Re welcomes industry veteran Durousseau as Head of Capital Solutions, Europe
11th June 2026
Pacific Life Re, a provider of life and health reinsurance solutions, has announced the appointment of Florence Durousseau as Head of Capital Solutions, Europe. This strategic hire enhances Pacific Life Re’s capacity to provide insurers with solutions designed to improve capital efficiency, reduce balance sheet volatility, and enable sustainable growth. Michelle Moloney, ... Read the full article
Guy Carpenter appoints parametric specialist Rowan Minhas to emerging risk solutions team
11th June 2026
Guy Carpenter, the reinsurance broking arm of Marsh, has appointed Rowan Minhas to its Emerging Risk Solutions team, where he will focus on parametric reinsurance. Minhas joins Guy Carpenter after nearly four years with Miller Insurance Services LLP, where he most recently served as an Account Handler/Broker within the firm's Parametric ... Read the full article
Pinpoint UK Solutions gets FCA authorisation
11th June 2026
Pinpoint UK Solutions Ltd, part of AM Specialty Insurance Group (ASIG), has received authorisation from the Financial Conduct Authority (FCA) to operate as a directly authorised company in the UK market. This authorisation is an important milestone and aligns with ASIG's long-term growth plan to develop Pinpoint UK, further supporting its ... Read the full article
Cyber market to benefit from clear protocols governing review process for BI claims: IUA
11th June 2026
A new report from the International Underwriting Association (IUA), a representative body for insurance and reinsurance companies operating in the London Market, has urged the establishment of clear protocols related to the review process for business interruption (BI) claims to benefit the cyber insurance market. The body explained that these claims ... Read the full article
$100bn+ loss event required to materially alter reinsurance pricing: Jefferies
11th June 2026
Analysts at Jefferies have suggested a major loss event exceeding $100 billion would likely be required to materially alter reinsurance market conditions, following a 15–20% decline in property catastrophe pricing at the June renewals. According to a new report from the firm, early forecasts point to a below-average hurricane season this ... Read the full article
John Fletcher named CEO of Willis Re Bermuda
11th June 2026
Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired John Fletcher from Guy Carpenter to serve as Chief Executive Officer (CEO) of its Bermuda platform, effective immediately. Fletcher brings more than 35 years of reinsurance and retrocession experience to the role, and is ... Read the full article
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