Reinsurance News
Pelagos Insurance Capital emerges as new identity for Fidelis after AGM approval
11th May 2026
Effective today, Fidelis Insurance Holdings Limited has officially rebranded as Pelagos Insurance Capital Limited, following shareholder approval at its Annual General Meeting held on April 28, 2026. The capital allocator and risk selector in specialty insurance and reinsurance first signalled the name change in February, alongside its full-year 2025 results. The ... Read the full article
Gallagher names Ana Matarranz as CEO for Spain
11th May 2026
Gallagher, an insurance brokerage, risk management and consulting firm, has announced the appointment of Ana Matarranz as Chief Executive Officer (CEO) for Spain. In her new role, Matarranz will lead Gallagher’s growth strategy in Spain, combining organic revenue development with the integration of specialist teams and capabilities, further strengthening the company’s ... Read the full article
Kestrel grows revenue in Q1’26 despite net loss
11th May 2026
Kestrel Group reported sharply higher total revenues of $10.2 million for Q1 2026 as the specialty insurance platform expanded its fronting operations and investment income. However, its net loss widened to $7.4 million from $394,000 a year earlier. The firm's gross premiums written reached $2.66 million during the opening quarter of ... Read the full article
Aon Q1’26 market insights reports softer pricing with select areas of hardening
11th May 2026
Aon, a global professional services firm focused on risk, retirement and health solutions, reports in its Q1 2026 Global Insurance Market Insights that the insurance sector is experiencing broadly softer pricing conditions, supported by strong capacity and intensifying competition, alongside continued discipline in specific higher-risk and regulated areas. Aon notes that ... Read the full article
Moody’s maintains stable outlook for European insurers amid economic and geopolitical pressures
11th May 2026
Moody's Ratings, the international credit ratings, research and risk analysis company, has reaffirmed its stable outlook for Europe’s property and casualty (P&C) and life insurance sectors, while highlighting growing pressure from competition, slower economic growth and geopolitical uncertainty. Moody’s said profitability among P&C insurers has recovered to levels recorded before the ... Read the full article
Hannover Re posts 48% net income rise as P&C combined ratio improves to 83.6% in Q1’26
11th May 2026
Global reinsurer Hannover Re generated net income of €710.6 million in the first quarter of 2026, an increase of 47.9% on the prior year, as the reinsurance service result for the period jumped by a significant 72.9% to €890.2 million. The large European reinsurer has reported a strong set of results ... Read the full article
Calidris expands senior team with three new hires
11th May 2026
Bermuda-based Calidris Investment Partners, an insurance-focused investment manager backed by RedBird Capital Partners, has announced the expansion of its senior team with three new strategic hires. James Larner joins as Director of Investor Partnerships, Chelsea Smith as Finance and Operations Manager, and Abigail Exon as Quantitative Strategies Manager. In his new position, ... Read the full article
HCI’s gross premiums earned hit $326m for Q1’26
11th May 2026
HCI Group, Inc., a Tampa-based insurance holding company, reported gross premiums earned of $326 million for the first quarter of 2026, compared with $300 million in Q1’25, driven by a higher volume of insurance policies in force. For the quarter, premiums ceded for reinsurance were $104 million compared to $100 million ... Read the full article
Peter Wilson joins Hamilton’s Board of Directors
11th May 2026
Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced that Peter Wilson has been elected to the company’s Board of Directors at its Annual General Meeting of Shareholders. Wilson brings more than three decades of leadership experience across global specialty, commercial, and professional liability markets. Most recently, he served as ... Read the full article
Lincoln Financial narrows net loss to $211m in Q1’26
11th May 2026
Lincoln Financial has reported a net loss available to common stockholders of $211 million for the first quarter of 2026, compared to a net loss of $756 million in the same period a year earlier. In Q1’26, adjusted operating income available to common stockholders was $326 million, up from $280 million ... Read the full article
Sompo Re adds Beatrice Morley as Head of London, Reinsurance
8th May 2026
Sompo Re, the reinsurance arm of the global provider of property, casualty, and specialty re/insurance, Sompo, has appointed Beatrice Morley as Head of London, Reinsurance. In her new role, Morley will lead Sompo's underwriting team in London and work closely with regional leadership to coordinate strategy and local execution. She has almost ... Read the full article
Palomar reports improved reinsurance terms and expands catastrophe bond protection in Q1’26
8th May 2026
Mac Armstrong, the CEO of Palomar Holdings, a US-based speciality insurance company focused on property and casualty coverage, said the firm's 2026 reinsurance renewals delivered stronger economic terms across both property and casualty business lines, while the company also increased its catastrophe protection through the latest Torrey Pines Re bond ... Read the full article
76% of reinsurers delivered double-digit capital growth in 2025: Gallagher Re
8th May 2026
According to Gallagher Re’s 2025 Reinsurance Market Report, roughly 76% of reinsurers within its cohort posted double-digit capital growth in 2025, underscoring another year of strong balance sheet expansion across the sector. As previously reported, Gallagher Re estimated that global reinsurance dedicated capital reached a record $648 billion in 2025, ... Read the full article
Heritage reports record Q1 net income of $36.5m
8th May 2026
Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has reported its most profitable first quarter on record, with net income of $36.5 million in Q1’26, up 19.7% from $30.5 million in the prior-year quarter. The company attributed the increase in net income to higher investment income and ... Read the full article
Aon says Middle East conflict is reshaping risk, insurance and supply chains
8th May 2026
Aon, the global professional services firm specialising in risk, retirement and health solutions, has outlined how the ongoing conflict in the Middle East is continuing to affect insurance markets, supply chains, political risk and workforce planning for businesses operating internationally. During a webinar hosted by Aon on the 7th May titled ... Read the full article
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