Reinsurance News
Munich Re agrees to acquire cyber insurtech At-Bay in $575m deal
19th August 2026
Reinsurance industry giant Munich Re has agreed to acquire At-Bay, a US-based InsurSec provider offering cyber insurance and risk management services, for an enterprise value of $575 million, strengthening its position in the cyber market. Once the transaction is closed, which is expected in the first quarter of 2027, At-Bay will ... Read the full article
Casualty insurance is moving towards property-level analytical maturity: Moody’s
19th August 2026
Moody’s, a global provider of credit ratings, research and risk analytics, assesses that casualty insurance is at an earlier stage of analytical development than property catastrophe insurance, but is beginning to show some of the characteristics of a maturing analytical market. The US commercial casualty market represents approximately $300 billion in ... Read the full article
AM Best credits A- ratings to Ledgebrook Insurance Group insurers
19th August 2026
AM Best has assigned an A- (Excellent) Financial Strength Rating and an “a-” (Excellent) Long-Term Issuer Credit Rating to Ledgebrook Specialty Insurance Company and Stonehaven Specialty Insurance Company. Both Delaware-domiciled insurers form Ledgebrook Insurance Group (LIG), which is part of Ledgebrook Inc., a technology-enabled insurance business based in Boston, Massachusetts. The ... Read the full article
Hena Choi named Head of Casualty for Berkley Re Asia
19th August 2026
Insurance holding company W. R. Berkley Corporation has appointed Hena Choi as the new Head of Casualty for Berkley Re Asia, based in Singapore. Choi has over two decades of experience across casualty underwriting, financial lines, and specialty products. She brings a wealth of expertise and leadership that will complement Berkley Re's ... Read the full article
Conduit Re appoints Mark Pickering as its new CFO
18th August 2026
Bermuda-based multi-line reinsurer Conduit Re's ultimate parent company, Conduit Holdings, has announced the appointment of Mark Pickering, formerly of Aspen Insurance Holdings, to serve as its new Chief Financial Officer (CFO), effective November 30th, 2026. Pickering will take over the CFO role from Elaine Whelan, who informed the Board of ... Read the full article
Alexander Reyes to succeed Allan Santos as President & CEO of Nat Re
18th August 2026
The Board of Directors of National Reinsurance Corporation of the Philippines (Nat Re) has announced that President and CEO Allan R. Santos will retire on 1 October 2026, with Alexander L. Reyes appointed as his successor. Santos is retiring following nine years of dedicated leadership and service to Nat Re. He became ... Read the full article
Marsh McLennan Agency to acquire Accel Holdings
18th August 2026
Marsh McLennan Agency (MMA), a business of Marsh and a provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions, has reached an agreement to acquire Accel Holdings, Inc., a US diversified independent insurance and advisory firm. Terms of the acquisition, which is expected to ... Read the full article
Starwind Specialty names Ashley Orth as COO
18th August 2026
Starwind Specialty Insurance Services, a CRC Group company focused on specialty insurance underwriting, has appointed Ashley Orth as its new Chief Operating Officer. The appointment comes as the business continues to develop its specialist underwriting operations and expand its portfolio. Orth joins the senior leadership team with almost two decades of experience ... Read the full article
Amwins and Dragoneer confirm due diligence in final stages for Steadfast acquisition
18th August 2026
Steadfast Group, an Australian insurance broker, has announced that Amwins Group, Inc. and Dragoneer Investment Group, LLC (collectively, the Consortium) have confirmed that due diligence is in its final stages and that the key commercial terms of the draft Scheme Implementation Deed have been substantially agreed. In June 2026, Steadfast ... Read the full article
Willis Re to acquire BMS Re US, accelerating geographic growth
18th August 2026
Specialist international reinsurance broker Willis Re has reached an agreement to acquire BMS Re, US, the US reinsurance arm of independent broker BMS Group for an undisclosed sum, subject to regulatory approval and other closing conditions. The definitive agreement to acquire BMS Re, US includes BMS Intermediaries Inc., BMS Capital Advisory ... Read the full article
German non-life insurers maintain underwriting discipline despite strong profitability: Fitch
18th August 2026
In 2025, German non-life insurers maintained strong underwriting discipline despite achieving very strong underwriting profitability, according to Fitch Ratings. In a recent report, Fitch said German non-life insurers outperformed expectations in 2025. Nevertheless, the ratings agency is maintaining its forecast for the sector’s net combined ratio at 95% for 2026, up ... Read the full article
Willis Networks names Norledge as MD and Cobham as Deputy MD
18th August 2026
Willis Networks, a WTW business, has appointed Lynne Norledge as its Managing Director (MD) and Mark Cobham as Deputy MD. In her new role, Norledge will focus on supporting the growth of independent brokers within the Network, strengthening insurer relationships, and ensuring members continued growth. Since joining the business in 2017, Norledge ... Read the full article
Majesco research finds growing gap between insurer priorities and customer protection needs
18th August 2026
Majesco, a provider of AI-native and cloud-native software for the insurance industry, has published its latest research examining the growing gap between insurer priorities and customer protection needs. The findings are detailed in Majesco’s latest thought leadership report, The Insurance Alignment Gap: Where Insurer Priorities and Customer Protection Needs Converge…and Diverge. ... Read the full article
Hampden Risk Partners Syndicate 2689 appoints James Drew as Senior Underwriter
18th August 2026
Hampden Risk Partners’ (HRP) Syndicate 2689 at Lloyd’s has announced the appointment of James Drew as Senior Underwriter. In his new role, Drew will focus on underwriting a diverse portfolio of proportional business for top-quartile syndicates in the Lloyd’s market. His remit will also include a selective appetite for complementary MGA ... Read the full article
AI making security ‘noisier’ as vulnerability disclosures surge 36%: Beazley Security
18th August 2026
According to Beazley Security’s Q2 2026 Quarterly Threat Report, the widespread adoption of agentic AI for vulnerability research drove a 36% quarter-over-quarter increase in newly disclosed vulnerabilities, while the methods attackers used to breach organisations remained largely unchanged. “The headline this quarter is that AI made the security industry's job noisier ... Read the full article
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