Reinsurance News
Zywave report projects more than $100bn in annual value from AI across insurance distribution
9th November 2026
Zywave, a technology company providing software and data-driven solutions for the insurance distribution sector, has released a new report exploring how artificial intelligence (AI) could reshape the US insurance market. Titled The Broker of the Future, the study estimates that AI could create more than USD $100 billion in annual value ... Read the full article
Carrick names Alex Smith as Chief Operating Officer, succeeding Phil Hernon
9th November 2026
Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointment of Alex Smith as Chief Operating Officer (COO), succeeding Phil Hernon. Hernon has been with Carrick since its founding in 2019 and previously served as both COO and Chief Commercial Officer. He will continue as Chief Commercial Officer, ... Read the full article
Kestrel’s Q3’26 net loss widens despite strong growth in Program Services
9th November 2026
Kestrel Group has reported a net loss of $16.4 million for Q3 2026, compared with a loss of $5.1 million in the same period last year, as revenues fell sharply and investment performance deteriorated. Total revenues dropped 73% year on year to $4.8 million in Q3 2026, from $17.5 million in ... Read the full article
Pen Underwriting and SiriusPoint extend social housing partnership to at least 2030
9th November 2026
Pen Underwriting has revealed a multi-year extension to its strategic partnership with global specialty underwriter SiriusPoint, renewing long-term capacity for its specialist social housing business through to at least 2030. Pen explained that the agreement builds on the strategic relationship established between the two firms in 2024 and reflects their ... Read the full article
Hannover Re ready to expand nat cat book as demand builds
9th November 2026
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning that the reinsurer has the headroom to expand its nat cat book further but that growth would depend on market conditions at the January 1 renewals, amid a feeling that there will be ... Read the full article
Ardonagh names Kat Cross and Louise Doyle to senior roles at Orvia Underwriting
9th November 2026
The Ardonagh Group, a global insurance distribution and underwriting organisation, has confirmed two senior appointments at Orvia Underwriting, naming Kat Cross as Chief Financial Officer and Louise Doyle as Chief Operating Officer as it progresses plans to consolidate its Managing General Agent (MGA) businesses under a shared international identity. The appointments ... Read the full article
SEADRIF, Gallagher Re and Philippines Finance Dept sign €2m ISF grant for disaster risk financing
9th November 2026
The Southeast Asia Disaster Risk Insurance Facility (SEADRIF), Gallagher Re, and the Department of Finance of the Republic of the Philippines have jointly signed a €2.046 million agreement with the InsuResilience Solutions Fund (ISF) to support a sovereign disaster risk financing programme for the Philippines. The grant will see the collaboration ... Read the full article
Amiga Specialty boosts commercial PI limit to $20m with new capacity
9th November 2026
Amiga Specialty, a specialist managing general agent (MGA), has secured additional underwriting capacity to strengthen its commercial professional indemnity (PI) proposition. The capacity is being provided through the MGA's existing partnership with AXA XL’s UK and Lloyd’s business, and new support from the Lloyd’s market, taking its PI limit to over ... Read the full article
ICMIF names Folksam’s CEO Wessén as new Chair
9th November 2026
The International Cooperative and Mutual Insurance Federation (ICMIF) has announced the appointment of Ylva Wessén, President and CEO of Folksam (Sweden), as the Federation’s new Chair for a four-year term. Wessén succeeds Rob Wesseling, President and CEO of Co-operators (Canada), who was appointed Chair of ICMIF at ... Read the full article
WTW promotes Tyrrell to Head of Captive and Insurance Management Solutions Bermuda
9th November 2026
WTW, an international advisory, insurance broking and risk solutions group, has announced the promotion of Kisha Tyrrell to Head of its captive and insurance management solutions business in Bermuda. In her new role, Tyrrell will focus on strengthening client relationships and further developing WTW’s position in Bermuda’s captive insurance market. She brings ... Read the full article
Hannover Re delivers 7% rise in net income. P&C CoR improves with large losses below budget
9th November 2026
Global reinsurer Hannover Re delivered a 6.9% year-on-year rise in net income to €2.1 billion for the first nine months of 2026, as the property and casualty (P&C) reinsurance combined ratio strengthened to 83.7%, with large losses in the period comfortably below expectation. Group-wide, Hannover Re has today announced gross reinsurance ... Read the full article
AXA XL strengthens UK & Lloyd’s Sports, Media and Entertainment Team
9th November 2026
AXA XL is the P&C and specialty risk division of AXA, has announced the appointment of Matt Helm as Head of Sports, Media and Entertainment, UK & Lloyd’s, a London-based role. Helm will assume his new position in the first half of 2027. He has been tasked withRead the full article
Kalepa secures $75m in Series B funding at $470m valuation to expand AI insurance platform
9th November 2026
Kalepa, a New York-based technology company developing artificial intelligence (AI) software for the insurance industry, has secured USD $75 million in Series B financing, valuing the business at USD $470 million. The announcement follows a period of expansion during which Kalepa reports that both its revenue and number of customers increased ... Read the full article
Amdocs enters insurance industry through acquisition of EIS
9th November 2026
Amdocs, a software and services provider, has entered the insurance industry through its acquisition of EIS, a global insurance technology provider, for a consideration of approximately $340 million in cash. Founded in 2008 and headquartered in San Francisco, California, EIS offers a modern, cloud-native and agentic multi-line insurance platform spanning policy ... Read the full article
Berkshire Hathaway underwriting earnings fall 43% in Q3 as Tokio Marine deal supports P&C reinsurance premiums
7th November 2026
Berkshire Hathaway reported a 43% decline in net underwriting earnings across its insurance and reinsurance operations to $1.352 billion for the third quarter of 2026, while earnings for the first nine months fell 16% to $4.8 billion. Meanwhile, premium volumes in its P&C reinsurance business continued to benefit from the ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
