Reinsurance News
Beazley to acquire US renewable energy MGA kWh Analytics
10th March 2026
Leading specialty insurer Beazley has reached an agreement to acquire kWh Analytics, a US renewable energy MGA, which will be embedded into its MAP (Marine, Accident & Political) Risks team. Jason Kaminsky, CEO of kWh Analytics, will report directly to Tim Turner, Group Head of MAP Risks and be a key ... Read the full article
Fidelis entered into long-term, portfolio-wide partnership with OAK Global at Jan 1
10th March 2026
Fidelis Insurance Group completed an investment in Oak Global late last year, and the company confirmed on its recent Q4'25 earnings call that it initiated a portfolio-wide partnership with the Lloyd's reinsurer at the January 1st, 2026, renewals. In September 2025, OAK Re announced the rebranding of its group identity ... Read the full article
IRDAI approves registration of Allianz Jio Reinsurance & Kiwi General Insurance
10th March 2026
The Insurance Regulatory and Development Authority of India (IRDAI) has granted a Certificate of Registration to new reinsurer Allianz Jio Reinsurance Limited, and new general insurer Kiwi General Insurance Limited. The approvals were passed at the 134th Meeting of the Authority, held on 9th March 2026, and enables the two companies ... Read the full article
EDME Insurance Brokers appoints Vinod Krishnan as Global CEO, Treaty Reinsurance
10th March 2026
EDME Insurance Brokers, one of India’s largest insurance and reinsurance broking firms, has appointed Vinod Krishnan as Global Chief Executive Officer (CEO) of Treaty Reinsurance. In his new role, Krishnan will lead and scale the broker’s global treaty platform from Mumbai. Krishnan has 36 years of industry experience, of which he spent ... Read the full article
SPG expands speciality property insurance platform with Proper Insurance acquisition
10th March 2026
Specialty Program Group (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Proper Insurance, a provider of insurance coverage designed specifically for short-term rental properties. Proper Insurance, founded in 2014 and headquartered in Bozeman, Montana, offers a commercial insurance solution that serves as a replacement ... Read the full article
Price Forbes names Raimundo del Río as Chilean CEO
10th March 2026
Global specialty broker Price Forbes has appointed Raimundo del Río as its new Chief Executive Officer (CEO) for Chile. In his new role, he will lead the Chilean operation together with the existing local team, building on the strong foundations already in place. del Río is an industry veteran with over 17 ... Read the full article
Digital infrastructure one of the largest opportunities for reinsurers: Guy Carpenter’s Goodman
9th March 2026
At a recent Digital Infrastructure Press Webinar hosted by Marsh, a global insurance broker and risk advisor, speakers discussed how the scale, concentration and complexity of modern data centre projects are reshaping risk for insurers and reinsurers, while also creating major opportunities for capital deployment. The discussion featured Jeremy Goodman, Chief ... Read the full article
Descartes names Cripps as Business Development Associate, Australia
9th March 2026
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has appointed Will Cripps as a Business Development Associate, further expanding its Australian operations. Cripps joins the Sydney-based team, bringing specialist expertise in the agricultural sector. In the past, he has gained extensive experience deploying IoT sensors across ... Read the full article
Heritage reports net income of $195.6m in 2025 as CoR drops to 73.1%
9th March 2026
Heritage Insurance Holdings has reported sharply improved profitability for the full year 2025, with net income more than tripling on the back of stronger underwriting performance. The Florida-based property insurer posted full-year net income of $195.6m for 2025, up a massive 217.8% from $61.5m in 2024, while total revenue for the ... Read the full article
Markel International adds Jain as India’s Business Development & Distribution Lead
9th March 2026
Markel Insurance, the insurance operations within Markel Group Inc., has appointed Ravi Jain as Business Development and Distribution Lead for India, based in Mumbai, effective immediately. This appointment aligns with Markel's broader commitment to invest in India and build strong local partnerships through market expertise. In his new role, Jain will report ... Read the full article
Pension Insurance Corporation names Mike Eakins as incoming CEO
9th March 2026
Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has announced the appointment of Michael Eakins as its Chief Executive Officer (CEO), subject to regulatory approval. Dom Veney will continue to lead the company as Interim Chief Executive Officer until Mike formally assumes the role. Eakins is set ... Read the full article
Aon executes ‘first known’ stablecoin insurance premium payment among major brokers
9th March 2026
Global professional services firm Aon has completed what it describes as the “first known” stablecoin insurance premium payment among major brokers, following a successful proof of concept using U.S. dollar-backed stablecoins. Led by Aon’s digital asset practice, the initiative draws on the firm’s deep expertise in digital-asset risk advisory, applying its ... Read the full article
Gallagher Re appoints new broker for UK Casualty Fac
9th March 2026
Gallagher Re, a global reinsurance brokerage and advisory firm, has appointed Michael Stankard as Broker for UK Casualty Facultative. Stankard brings over 16 years of experience in financial and professional lines re/insurance. He began his career as an Assistant Professional Indemnity Underwriter at Towergate Underwriting Financial Risks, then joined HCC International as ... Read the full article
TD Cowen: AI likely to augment rather than replace insurance brokers
9th March 2026
A new analyst report from US-based investment bank and research firm TD Cowen argues that concerns about artificial intelligence (AI) fundamentally disrupting the insurance brokerage sector may be exaggerated, with the firm suggesting that the technology is more likely to enhance brokers’ capabilities than eliminate their role. The analysis, led by ... Read the full article
Generali agrees to sell Irish and Northern Irish P&C operations to Zurich
9th March 2026
Generali has reached an agreement for the sale of its Irish and Northern Irish P&C operations, carried out through the Irish and UK (Northern Ireland) branches of Generali Spain under the RedClick brand, to Zurich Insurance Europe AG and Zurich Insurance Company Ltd, UK Branch, both part of the Zurich ... Read the full article
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