Reinsurance News

Record $790bn reinsurance capital underpins softer mid-year renewals: Aon

1st July 2026

Global professional services firm Aon has revealed that insurers secured double-digit pricing reductions and improved terms and conditions on their property catastrophe reinsurance placements during the June 1 and July 1, 2026, renewals, as record levels of reinsurance capital created greater flexibility for cedants seeking more tailored reinsurance solutions. According to ... Read the full article

Dominican Republic integrates parametric insurance into adaptive social protection system

1st July 2026

The Dominican Republic has become the first country in Latin America and the Caribbean to integrate parametric insurance into its adaptive social protection system. The solution was developed through the Tripartite Agreement, a public-private partnership between the Insurance Development Forum (IDF), the United Nations Development Programme (UNDP), and the German ... Read the full article

Kingstone lifts cat XoL reinsurance limit to $500m with 15%+ cost reduction

1st July 2026

Kingstone Companies, Inc., a regional property and casualty insurance holding company, managed to cut the cost of its core catastrophe excess of loss (XoL) reinsurance coverage by over 15% for 2026/2027, despite purchasing more limit, improving terms, and adding the wildfire peril to its programme. Mid-year reinsurance renewal reports and commentary ... Read the full article

AIG appoints Nancy Bewlay as Global CUO

1st July 2026

Global insurance carrier American International Group, Inc. (AIG) has hired Nancy Bewlay from AXA Group to serve as its new Executive Vice President (EVP) and Global Chief Underwriting Officer (CUO), based in New York, reporting to Eric Andersen, President and Chief Executive Officer of AIG. Bewlay joins AIG's Executive Leadership Team ... Read the full article

TFP’s Pine Walk launches Bermuda-based MGA focused on US SME casualty reinsurance

1st July 2026

The Fidelis Partnership's (TFP) specialist MGA platform Pine Walk has launched Adroit Underwriting Limited, a new Bermuda-based MGA focused on US small and medium enterprise (SME) casualty reinsurance. The new business will be led by Jeff Markowski as CEO & CUO, who holds more than 20 years of US casualty treaty ... Read the full article

Howell succeeds Kellers as Liberty’s head of claims, UK & MENA

1st July 2026

Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, has announced the appointment of Sarah Howell as head of claims, UK & MENA, effective 1 July 2026. Howell is succeeding Scott Kellers, who left the business in April 2026, and will be reporting to Mike Gillett, chief claims officer, Liberty International ... Read the full article

Willis enhances CyMax cyber insurance facility for SMEs and mid-market businesses across EMEA

1st July 2026

Willis, the global risk advisory, insurance broking and consulting business that forms part of WTW, has announced the expansion of its CyMax Facility, a primary and excess cyber insurance solution for small and medium-sized enterprises (SMEs) and mid-market businesses throughout Europe, the Middle East and Africa (EMEA). Developed with insurer partners ... Read the full article

Munich Re appoints Thomas Wilde as Client Executive for Israel & Maghreb region

1st July 2026

Global reinsurer Munich Re has announced the appointment of Thomas Wilde as Client Executive for Israel and the Maghreb region, effective 1st July 2026. Wilde brings 35 years of international industry experience, combining deep underwriting expertise with a strong, people-focused leadership approach. Since joining Munich Re in 1988, he has made significant ... Read the full article

Reinsurers central to innovation push in nat cat risk transfer: Fitch

1st July 2026

Fitch Ratings has suggested that re/insurance companies must innovate to balance the potentially conflicting goals of expanding access to affordable natural catastrophe cover without compromising prudent underwriting principles, with the rating agency highlighting solutions such as microinsurance, parametric insurance and insurance-linked securities (ILS) as potential ways to help achieve this. In ... Read the full article

Aon adds Mondone as Head of Asset-Backed Finance & Securitisation, Credit Solutions

1st July 2026

Aon, a global insurance and reinsurance broker and risk advisor, has appointed Nicola Mondone as Head of Asset-Backed Finance and Securitisation, Credit Solutions. In his new role, Mondone will support the broker’s financial institutions clients across the Europe, Middle East, and Asia (EMEA) region. He will expand their access to insurance capital, ... Read the full article

Compre appoints Graham Taylor as MD of Underwriting

1st July 2026

Compre Group Holdings Limited (Compre), a Bermuda-domiciled international specialty reinsurance group, has announced the appointment of Graham Taylor as managing director of underwriting, effective immediately. In the role, Taylor will report to Chief Underwriting Officer Rachel Bardon and will play a key part in leading the group’s retrospective reinsurance activities, overseeing ... Read the full article

Kim Plant joins Miller as Head of North American Property

1st July 2026

Independent specialist re/insurance broker Miller has appointed Kim Plant as Head of North American Property, where he will lead the firm's North American Property proposition from its London and Bermuda offices. Plant joins Miller from Amwins, where he served as a Director in its North American Property Division from 2020, and ... Read the full article

Hippo broadens Accelerant partnership with expanded fronting carrier agreement

1st July 2026

Hippo Holdings Inc, a US property and casualty insurance company that combines insurance with technology-driven risk management, has entered into an expanded partnership with Accelerant, a provider of a data-led risk exchange platform for the specialty insurance sector. As part of the agreement, effective from 1 July 2026, with the full ... Read the full article

Reinsurers more flexible on structures and price at July 1 renewals, says Gallagher Re

1st July 2026

Property catastrophe reinsurance rates fell by 20% to 25% or more for the best performing accounts in North America at the July 1 renewals, with similar trends seen across other regions, as sellers exhibited greater flexibility on price and notably structures, reports Gallagher Re, the global reinsurance broker. Gallagher Re's July ... Read the full article

Acrisure launches Asero Insurance Services to unite US specialty MGAs under one brand

1st July 2026

Acrisure, a global fintech company offering insurance, reinsurance, real estate and financial services, has launched Asero Insurance Services, a new specialty managing general agency (MGA) that consolidates a number of the company's programme administrators under a single brand across the United States. The company said Asero has been established to bring ... Read the full article