Reinsurance News
Euna strengthens healthcare underwriting team
30th June 2026
Specialist managing general agent (MGA) Euna has strengthened its healthcare underwriting team with the appointments of Sharon Brennan as Senior Healthcare Underwriter and Rosie David as Healthcare Underwriter, as the company continues to expand its medical malpractice offering in response to growing demand for specialist healthcare insurance. The appointments follow a ... Read the full article
Aon appoints Yue Yang as Managing Director, Cyber Solutions EMEA
30th June 2026
Aon, a global insurance and reinsurance broker and risk advisor, has announced the appointment of Yue Yang as Managing Director, Cyber Solutions EMEA. Yang brings more than 15 years of industry experience, with a background spanning cyber broking and management consulting. She joins Aon from Marsh, where she served as Head of ... Read the full article
Moody’s upgrades Munich Re’s IFSR to Aa2
30th June 2026
Credit ratings agency Moody's Ratings has upgraded the insurance financial strength rating (IFSR) to Aa2 from Aa3 and the subordinated debt ratings to A1(hyb) from A2(hyb) for Munich Re, one of the world's largest reinsurance companies. Simultaneously, the IFSR of Munich Reinsurance America, Inc. (Munich Re America) has been upgraded to ... Read the full article
Economic and insured losses from June US SCS outbreak likely to reach low single-digit billions: Aon
29th June 2026
Preliminary estimates indicate that combined economic and insured losses from severe convective storm (SCS) outbreaks in the United States between June 18-25, 2026, will likely land in the low single-digit billions USD, according to broking group Aon’s Weekly Cat Report. The severe weather affected portions of the Gulf Coast, central United ... Read the full article
William Fawcett appointed Head of ReSources at Reinsurance Association of America
29th June 2026
The Reinsurance Association of America (RAA), the trade association representing property and casualty reinsurers operating in the United States, has announced the appointment of William Fawcett as Head of ReSources and the RAA Reinsurance Education Institute. In his new role, Fawcett will oversee initiatives designed to strengthen and expand the RAA’s ... Read the full article
Mayflower and Hadron launch US dedicated affirmative AI liability program
29th June 2026
Mayflower Specialty, Ltd., a New York-based managing general agent, and Hadron, a multinational specialty carrier, have launched the first dedicated affirmative artificial intelligence liability program in the United States. Underwritten by Mayflower and issued through Hadron, these policies provide explicit coverage across the full management-liability triad: errors and omissions (E&O), employment ... Read the full article
Relation Insurance Services expands Specialty Practice with senior hires
29th June 2026
Relation Insurance Services, an insurance brokerage firm, has confirmed the appointment of Matthew Schott, Kevin Smith, Courtney Maugé, Jonathan Franznick and Scott Moseley to its Specialty Practice. The company says the group brings extensive sector knowledge and leadership experience across specialist insurance areas, supporting clients managing complex risks including management and ... Read the full article
Global property cat rates down 16% as softening extends into July renewals: Guy Carpenter
29th June 2026
Guy Carpenter's July 2026 reinsurance renewal report has revealed that risk-adjusted decreases have deepened since January 1 in some cases, with the global property catastrophe rate on line (ROL) remaining down by around 16%. The firm attributed the trend to benign loss activity, ample reinsurer capacity and strengthening risk appetite, which ... Read the full article
QBE names Karlowski as COO & Chan as Head of Data, Analytics and Al, Asia
29th June 2026
International insurer and reinsurer QBE has appointed Patrick Karlowski as Chief Operating Officer (COO), Asia, effective June 29th, 2026. Simultaneously, Florence Chan has been appointed as Head of Data, Analytics and AI, Asia, effective July 13th, 2026. Both appointments are based in Hong Kong. In his new role, Karlowski succeeds Klaas Dijkstra, ... Read the full article
Economic uncertainty stalling US energy transition investment: Beazley
29th June 2026
73% of US executives say economic uncertainty is hindering investment in the energy transition, according to Beazley’s latest Spotlight on Energy Transformation 2026 finds. This comes as escalating tensions in the Strait of Hormuz are heightening energy security fears, while the rapid growth of energy-intensive technologies underscores the pressing need for ... Read the full article
Thierry Porté and Jonathan Cox join Niyam’s Board
29th June 2026
Thierry Porté, Managing Director & Vice Chairman, J.C. Flowers & Co., and Jonathan Cox Managing Director, J.C. Flowers & Co., have joined the Board of Directors of Niyam Group, an Indian-focused reinsurance platform. Porté and Cox bring decades of experience investing in and building leading businesses around the world through J.C. ... Read the full article
AM Best upgrades W. R. Berkley and subsidiaries’ Issuer Credit Ratings
29th June 2026
AM Best has announced that it has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), along with all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley). AM Best has also upgraded the Long-Term ... Read the full article
Sompo’s Reid succeeds Fraccalvieri as Aon’s EMEA CEO of Fac Reinsurance
29th June 2026
Aon, a major global professional services and consulting firm, has announced the appointment of industry veteran Mike Reid as EMEA CEO of Facultative Reinsurance, effective July 1, 2026. Based in London, the executive will report to both Tomas Novotny, EMEA CEO and International Chairman for Reinsurance, and Nick Fraccalvieri, the Global ... Read the full article
Demex launches “first-of-its-type” winter storm reinsurance product
29th June 2026
Demex, a technology-enabled reinsurance solution provider, has announced a new winter storm product, to protect primary carriers from losses caused by unexpected storms, cold temperatures, and heavier than usual snowfall. Described as the first-of-its-type, this new reinsurance solution is based on Demex’s successful working-layer, aggregate reinsurance solution for severe convective storm ... Read the full article
Dave Draper named CUO for UK and Active Underwriter of Syndicate 1221
29th June 2026
US-based insurer The Hartford has appointed Dave Draper as the Chief Underwriting Officer for the UK and Active Underwriter at The Hartford Underwriting Agency, Ltd - Syndicate 1221, subject to regulatory approvals. In a statement, Carl Bach, III, Chief Executive Officer, Hartford Underwriting Agency, Ltd. - Syndicate 1221, said, "I’m pleased ... Read the full article
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