Reinsurance News
Envelop Risk to transition SPA 1925 into full Lloyd’s syndicate in 2027
17th August 2026
Envelop Risk, a cyber reinsurance and analytics specialist, has received in-principle approval from Lloyd’s to launch Envelop Syndicate 1925. Transitioning from Special Purpose Arrangement (SPA) 1925, the syndicate is set to begin underwriting on January 1, 2027. The launch builds on SPA 1925’s successful track ... Read the full article
Dynamic Reinsurance appoints Carmen Yudici bru as Global President
17th August 2026
Dynamic Reinsurance, a firm specialising in tailored reinsurance risk transfer solutions, has announced the appointment of Carmen Yudici bru as Global President. In her new role, Yudici will work alongside Francisco Hernández, Global CEO of Dynamic Reinsurance, to drive the next phase of the firm’s growth by strengthening its global leadership ... Read the full article
TFP successfully prices $2.04bn refinancing, replacing its Term Loan B facility
17th August 2026
Specialty insurance and reinsurance group The Fidelis Partnership (TFP) has announced the successful pricing of a $2.04 billion refinancing, replacing its existing unitranche facility with a new senior secured Term Loan B facility. This refinancing significantly lowers TFP's cost of debt from SOFR + 5% to SOFR ... Read the full article
Orbital Sentry secures new capital to bring continuous satellite monitoring for wildfire risk
17th August 2026
Orbital Sentry, a deep-tech startup building persistent infrared imaging systems for geosynchronous orbit (GEO), has announced the close of a pre-seed funding round led by Ridgeline, with participation from Superorganism and Hustle Fund. With the newly secured capital, Orbital Sentry can move into its next phase of growth, specifically by helping ... Read the full article
PERILS decreases insured loss estimate for extratropical windstorm Nils to €695m
17th August 2026
PERILS, a Zurich-based catastrophe insurance data provider, has disclosed a reduced loss estimate for extratropical windstorm Nils, also known as Ulrike, of EUR 695 million, which affected the Nouvelle-Aquitaine and Occitanie regions in southwest France from 11 to 13 February 2026. This is the third industry loss estimate for the extratropical ... Read the full article
Pinion announces key additions to executive leadership and accounting team
17th August 2026
Pinion Insurance, a London-headquartered specialty insurance carrier formed earlier this year, has announced three key additions to its executive leadership team and accounting function. The new team members include Kathryn Edwards, who has been appointed Group Controller; Brock Werner, named US Treasurer and Financial Planning and ... Read the full article
AEGIS London partners with Augentic to launch ‘market first’ cross-class digital follow consortium
17th August 2026
Lloyd’s syndicate AEGIS London, in collaboration with tech-enabled MGA Augentic, has launched a new cross-class digital follow consortium in the Lloyd’s market, enabling brokers to secure a follow line spanning Property, Casualty and Specialty risks through a single digital arrangement. This "market first" facility is reportedly designed to simplify placement and ... Read the full article
SiriusPoint appoints Parvatikar as VP, Reinsurance Technology Platforms & Transformation Lead
17th August 2026
SiriusPoint, a specialty insurer and reinsurer based in Bermuda, has appointed Ajay Parvatikar as VP, Reinsurance Technology Platforms & Transformation Lead. Parvatikar brings more than 25 years of professional IT experience, driving enterprise-wide technology initiatives that accelerate digital transformation across the organisation. He has a proven track record of leading complex, cross-functional ... Read the full article
Price Forbes names Chris Harris as MD, Head of US casualty
17th August 2026
Price Forbes, a specialist insurance and reinsurance broker, has appointed Chris Harris as Managing Director (MD), Head of US casualty, effective immediately. Harris, who has over three decades of industry experience in broking and underwriting roles with several MGAs, will lead and manage the US casualty team, set and execute strategic ... Read the full article
Munich Re and Lloyd’s take top spots in 2025 global reinsurer rankings
17th August 2026
Munich Re has reclaimed its spot as the world's largest reinsurer for companies that report under IFRS 17, while the specialist Lloyd's marketplace has climbed above Berkshire Hathaway to claim the top spot for non-IFRS 17 reinsurers, based on year-end 2025 figures. Based on research data from ... Read the full article
Mangrove secures record cat reinsurance programme for 2026 hurricane season
17th August 2026
Mangrove Property Insurance Company has secured a record-setting catastrophe reinsurance programme for the 2026 Atlantic Hurricane Season, providing protection against both the frequency and severity of catastrophe events, with coverage extending to a 1-in-175-year storm. The programme also includes aggregate cover for protection against third and fourth events, as well as ... Read the full article
Pen Underwriting’s increased capacity to support growth in property owners practice
17th August 2026
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has secured a multi-million-pound capacity deal to underpin the strong growth and performance of its UK property owners practice. According to the announcement, the multi-year deal will enable Pen to write £120 million in gross written premium over the next three years, ... Read the full article
ABIR names new Treasurer and Finance Committee members
17th August 2026
The Association of Bermuda Insurers and Reinsurers (ABIR), the trade association representing Bermuda’s insurance and reinsurance sector, has appointed Elizabeth Breeze as its new Treasurer. Breeze, who serves as Head of Hiscox Capital Partners, joined Hiscox in 2012 and took on her current position in 2025. She brings more than two ... Read the full article
Kin Q2’26 revenue increases to $68m
17th August 2026
Kin, the direct-to-consumer provider of insurance and home finance solutions for homeowners, has announced its financial results for the second quarter of 2026, reporting total revenue of $68 million and gross written premiums of $218.9 million. Comparably, for Q2 2025 the firm reported total revenues of $ 58.5 million and GWP ... Read the full article
Relation Insurance appoints Julio Bermudez to lead private equity and transactional risk unit
17th August 2026
Relation Insurance Services, an insurance brokerage and risk management firm, has appointed Julio Bermudez as Practice Leader, Private Equity, Transactional Risk and Financial Institutions. Bermudez brings more than 30 years of experience advising private equity firms, financial institutions and portfolio companies on management liability and transactional risk solutions. In his new role ... 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.
