Reinsurance News
EigenRisk expands catastrophe risk platform with Weatherwatch hail data
18th August 2026
EigenRisk, a provider of catastrophe risk management technology, has entered into an agreement with Weatherwatch, an Australian company specialising in storm and weather risk management services. The partnership will bring Weatherwatch’s hail event footprints into EigenRisk’s EigenPrism catastrophe risk management platform. The companies said the agreement is intended to provide insurance and ... Read the full article
Woollerson to lead ATL’s Marine Division as Director
18th August 2026
ATL, the independent Lloyd's insurance and reinsurance broker, has announced the appointment of industry veteran Sean Woollerson as Director in the Marine Division. A highly respected Marine insurance specialist, Woollerson brings 35 years of experience in the international Marine insurance market, with a wealth of expertise across Marine hull, ... Read the full article
QBE names Thompson Global Director of Data Centres
18th August 2026
International business insurer QBE has announced the appointment of Jamie Thompson as Global Director of Data Centres, a newly created role based in London. In this new position, Thompson will work to develop an integrated insurance proposition tailored to the evolving risks of the rapidly expanding ... Read the full article
Retail P&C most vulnerable to AI disruption within insurance sector: Moody’s
18th August 2026
While artificial intelligence (AI) is delivering tangible gains for property and casualty (P&C) insurers, retail P&C distribution is the area most vulnerable to near-term disruption due to its high transaction volumes, routine processes and the commoditised nature of its services, according to Moody’s Ratings. In a recent report, Moody’s outlined that ... Read the full article
Jensten to acquire UK broker Coversure Midlands
18th August 2026
Jensten Group, a provider of insurance services in the UK, has entered into an agreement to acquire Coversure Midlands, further strengthening its regional footprint and UK broking capabilities. Coversure Midlands is an independent insurance broker and the largest franchise within Jensten Group’s Coversure network. It operates with around 30 colleagues and ... Read the full article
Harry Vickers joins Miller Bermuda as a Senior Director, Property
18th August 2026
Independent specialist re/insurance broker Miller has appointed Harry Vickers as a Senior Director, Property for Miller Bermuda. In the new role, Vickers will lead Miller's Bermuda Direct and Fac offering, reportedly working closely with teams in London to broaden the solutions available to property clients internationally. Miller noted that the appointment marks ... Read the full article
Aon names Virani as Interim CFO as Reese transitions to Senior Advisor
18th August 2026
Aon, a global professional services company, has appointed Nadin Virani as Interim Chief Financial Officer (CFO), effective immediately, as Edmund Reese, Executive Vice President and CFO, has decided to pursue opportunities outside the firm. Reese will serve as senior advisor to Greg Case, President and Chief Executive Officer (CEO), Aon, through ... Read the full article
Guy Carpenter appoints Duffy and Ross to lead global property and casualty
18th August 2026
Global reinsurance broker Guy Carpenter, a Marsh business, has appointed David Duffy as Global Property Leader and Chris Ross as Global Casualty Leader, effective immediately. Based in New York, in their newly created roles they will report to John Trace, Chief Executive Officer of North America and Chief Broking Officer, Guy ... Read the full article
Lockton appoints Louis Grundy as Vice President, Strategic Sales, Denmark
18th August 2026
Lockton, a privately held insurance brokerage and risk management firm, has appointed Louis Grundy as Vice President (VP) of Strategic Sales in Denmark. The appointment aims to strengthen the broker's commercial growth capabilities in the country, and reflects its continued investment in experienced, growth-focused talent. In his new role, Grundy's remit includes ... Read the full article
IDB arranges catastrophe swap for Belize via Swiss Re
18th August 2026
The Inter-American Development Bank (IDB) has issued a parametric insurance coverage for hurricane risk in Belize of up to USD 20 million, subject to a maximum payout of USD 10 million per policy year, backed by Swiss Re, one of the world's leading reinsurance companies. The transaction saw the IDB arrange ... Read the full article
Cayman Islands applies for NAIC Qualified Jurisdiction Status (QJS)
17th August 2026
The Cayman Islands has submitted an application to the US National Association of Insurance Commissioners (NAIC) for Qualified Jurisdiction Status (QJS), marking a long anticipated milestone. The NAIC, a standard-setting body governed by chief insurance regulators from all 50 US states, the District of Columbia, and US territories, coordinates state-level regulation ... Read the full article
Aon appoints Brad Lorimer as CEO of Canada
17th August 2026
Aon, a global professional services company that provides advice and solutions across risk, capital and human capital, has appointed Brad Lorimer as CEO of its Canadian business, taking up the position on 1 September 2026. Lorimer will be responsible for Aon’s operations across the country, with a focus on helping clients ... Read the full article
Aon launches Sidecar X offering up to $200m in capacity
17th August 2026
Aon, a global insurance and reinsurance broker and risk advisor, has launched Sidecar X, marking the latest evolution in its Sidecar platform designed to link insurance capital with complex transactional risks. Providing up to $200 million in capacity, the Global Sidecar Platform covers tax insurance as well as representations and warranties ... Read the full article
CatIQ lifts insured loss estimate for Ontario-Quebec storms to CAD 439m
17th August 2026
CatIQ, the independent Toronto-based catastrophe insurance data provider and subsidiary of PERILS, has released its second industry loss estimate for the severe thunderstorm event that struck parts of southern Ontario and southern Quebec, Canada, between 30 June and 3 July 2026, putting the total insured loss at CAD 439 million. The ... Read the full article
DUAL North America appoints Sam Fowler as SVP, Head of Tax
17th August 2026
DUAL North America, a provider of specialised insurance solutions, has appointed Sam Fowler as Senior Vice President (SVP) of Tax to its global Transactional Risk platform in the US. The appointment aims to add dedicated tax underwriting leadership to the team and extend its specialised offering to clients and broker partners ... Read the full article
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