Reinsurance News

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

ALPS to acquire Ohio Bar Liability Insurance Company in legal insurance sector deal

8th May 2026

ALPS Insurance, a specialist US insurer focused on professional liability cover for legal professionals and law firms, together with the Ohio State Bar Association, a professional body representing lawyers in Ohio, has confirmed it has entered into a definitive agreement for ALPS to acquire the Ohio Bar Liability Insurance Company, ... Read the full article

Managing and pricing data centre risk remains a key challenge: Holmes, Moody’s

8th May 2026

Brandan Holmes, Senior Credit Officer at Moody's, said one of the main challenges for the insurance and reinsurance industry is managing, assessing, and pricing data centre risks, noting that there is limited historical data and that modelling is complex due to various unique engineering and risk elements. During Moody’s Ratings’ virtual ... Read the full article

Howden Re names Tim Radford as Managing Director, Head of Lloyd’s Capital

8th May 2026

Howden Re, the reinsurance arm of global broking group Howden, has appointed Tim Radford as Managing Director, Head of Lloyd's Capital, a role which sits within the firm's Capital Solutions platform. The reinsurance broker states that this appointment strengthens its leadership across both Lloyd's market capital and investor engagement. In his role, ... Read the full article

SEADRIF and WFP launch $1.1m parametric insurance policy in Lao PDR

8th May 2026

SEADRIF Insurance Company and the United Nations World Food Programme (WFP) have launched a parametric insurance policy in Lao PDR, providing up to $1.1 million in pre-arranged financing to support communities affected by extreme weather events and other natural hazards promptly. The policy brings together government, humanitarian, and disaster risk financing ... Read the full article

NEAM strengthens European growth strategy with senior London appointment

8th May 2026

New England Asset Management (NEAM Limited), a recognised asset manager specialising in investment solutions for insurers and reinsurers, has appointed Giri Singh as Head of Business Development, Europe, within its London Branch. The company said the appointment forms part of its ongoing efforts to grow its insurance asset management presence across ... Read the full article

Willis report warns Middle East tensions and AI infrastructure growth are reshaping insurance risks

8th May 2026

Willis, the risk advisory and insurance broking division of WTW, has published its latest Insurance Marketplace Realities report, examining how geopolitical tensions and the continued expansion of digital infrastructure are influencing the global insurance sector. In the report, Willis said political risk is becoming a broader concern across international markets, with ... Read the full article

Skyward Group’s net income rises 18% to $49.7m in Q1’26

8th May 2026

Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, has reported a net income of $49.7 million for the first quarter of 2026, an 18.2% increase compared to $42.1 million in the same period a year earlier. In Q1’26, operating income amounted to $56.8 million, up 51.2% from ... Read the full article

QBE delivers 11% hike in GWP for Q1’26

8th May 2026

International insurer and reinsurer QBE has reported a rise of 11% in gross written premiums (GWP) year over year in the first quarter of 2026 to $9.2 billion, compared to $8.3 billion in Q1’25. QBE explained that GWP grew by 7% on a constant currency basis, with an ex-rate growth of ... Read the full article

Sompo names Tim Mardon as President, Bermuda Reinsurance

8th May 2026

Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Tim Mardon as President, Bermuda Reinsurance. In his new role, Mardon will lead operations and strategy for SompoRe's Bermuda branch, further strengthening its presence in the key region. A Bermuda-based reinsurance executive, Mardon brings ... Read the full article

Consilium appoints Henrietta Burgess as Partner, International Casualty Risk Solutions

8th May 2026

Consilium, a specialty re/insurance broker, has strengthened its international casualty operations with the appointment of Henrietta Burgess as Partner of International Casualty Risk Solutions. This move aims to reinforce Consilium’s expanding casualty offering, which currently operates in the UK and US markets. The business has built a significant North American portfolio across ... Read the full article

Neptune Flood reaches 300k policies, highlighting market expansion

8th May 2026

Neptune Flood, a private flood insurance provider in the US, has reached a major milestone, announcing that it has surpassed 300,000 policies in force and $400 million in premiums in force. This achievement marks a significant step towards expanding private flood insurance access and strengthening the resilience of communities across the ... Read the full article

RGA’s net income hits $330m in Q1’26 as consolidated net premiums expand 14.3%

8th May 2026

Reinsurance Group of America, Incorporated has reported Q1 2026 net income of $330 million, up from $286 million in the prior-year quarter, while consolidated net premiums rose 14.3% year on year to $4.6 billion. According to Tony Cheng, President and Chief Executive Officer of RGA, the firm delivered a strong start ... Read the full article

Renew Risk introduces US severe storm model for solar insurance market

8th May 2026

Renew Risk, a specialist provider of renewable energy risk analytics and catastrophe modelling solutions, has announced the launch of its US SCS Model, which the company says is the first modelling platform developed specifically to assess severe convective storm risk for solar farms in the United States. Renew Risk stated that ... Read the full article

FEMA Review Council recommend NFIP reform, bigger private market role in flood insurance

8th May 2026

At the final public meeting of the Federal Emergency Management Agency (FEMA) Review Council yesterday, the group voted to send their final report and recommendations to the President, highlighting the importance that more private market participation is critical in US flood insurance. The Council looked at numerous areas of reform for ... Read the full article