Reinsurance News
Atrium appoints Alice Gilbert as Underwriter
12th August 2026
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of Alice Gilbert as Underwriter, effective in the first quarter of 2027. In her new role, Gilbert will work with Matthew Greaves, Head of Diversified Risk Underwriting, to build Atrium’s growing Diversified Risk book, with a focus on sustainable growth. Diversified Risk ... Read the full article
Tokio Marine international’s NWP grow 16.6% as North America drives Q1
12th August 2026
Tokio Marine’s international business has posted 16.6% growth in net premiums written to 934.7bn yen ($5.9bn) in the first quarter of fiscal 2026, with underwriting performance remaining broadly ahead of plan despite pockets of deterioration, including losses tied to the Middle East conflict. According to Tokio Marine, the increase leaves it ... Read the full article
Reinsurance returns remain above capital costs as market conditions soften, AM Best says
12th August 2026
AM Best, the credit rating agency, says reinsurers continued to achieve returns above their cost of capital in 2025, extending a trend seen over the previous two years. The company attributed the performance to stronger underwriting results, following earlier changes to pricing and reductions in the level of risk held within ... Read the full article
RiverStone International promotes Soutter to Group CRO
12th August 2026
David Soutter, who joined RiverStone International last year as Head of Risk in Bermuda, has been promoted to Group Chief Risk Officer (CRO) at the global acquirer and reinsurer of legacy and discontinued business. Soutter has more than 25 years of insurance and reinsurance market experience, with expertise across enterprise risk ... Read the full article
Suncorp reports FY’26 net profit of AU$1.03bn despite exceeding natural hazard allowance
12th August 2026
Suncorp Group has reported a net profit after tax of AU$1.027 billion and cash earnings of AU$1.042 billion for the year ended 30 June 2026. The group declared a fully franked final ordinary dividend of 52 cents per share, with CEO Steve Johnston noting that the result was achieved despite ... Read the full article
CatIQ places final loss estimate for Hurricane Debby floods in Ontario & Quebec at CAD 2.8bn
12th August 2026
CatIQ, the independent Toronto-based organisation providing industry-wide catastrophe insurance data and a subsidiary of PERILS, has disclosed its sixth and final industry loss estimate for flooding caused by the remnants of Hurricane Debby in Ontario and Quebec between 9 and 10 August 2024, putting losses at CAD 2.8 billion. The final ... Read the full article
Hannover Re delivers net income rise of 7% to €1.4bn as P&C combined ratio strengthens
12th August 2026
Global reinsurer Hannover Re saw its Group net income rise from $1.3 billion last year to $1.4 billion in the first half of 2026, as operating profit increased by almost 10% to €1.9 billion, with an improved property and casualty (P&C) combined ratio of 83.2%. Hannover Re says that it delivered ... Read the full article
RT Specialty promotes Provenzo to Director, London Markets & Delegated Authority
12th August 2026
RT Specialty , a wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty, has promoted Greg Provenzo to Director, London Markets & Delegated Authority. In his new position, and as part of the RT Binding Authority leadership team, Provenzo will provide strategic leadership and ... Read the full article
Rokstone expands Athena Cyber proposition with supply chain cover
12th August 2026
Rokstone, the international specialty re/insurance MGA, has expanded its Athena Cyber proposition with a new extension designed to provide cover for supply chain disruption caused by cyber incidents involving an insured’s customers or suppliers. The new extension, supported by $10 million of A-rated Lloyd’s capacity, is intended to address losses that ... Read the full article
Aon’s NFP acquires Frontier Risk’s retail cannabis business
11th August 2026
NFP, an Aon company and property and casualty (P&C) broker and benefits consultant, has announced the acquisition of the retail cannabis business of Frontier Risk Group, Inc. As a specialty insurance firm, Frontier Risk offers tailored solutions for the cannabis industry and regulated-products clients. The company integrates deep industry knowledge, insurance expertise, ... Read the full article
Canopius names Rebecca Simeone as US Chief Risk Officer
11th August 2026
Canopius Group, a global specialty and P&C re/insurer, has appointed Rebecca Simeone as its new US Chief Risk Officer. Simeone will join the company on 8 September 2026 and will be based in New York. Simeone will report to incoming US CEO Nadine Moore and Group Chief Risk Officer Sheldon Lacy. ... Read the full article
Severe weather drives insured losses past $840m in Manitoba and Saskatchewan: CatIQ
11th August 2026
Severe weather losses in Manitoba and Saskatchewan - neighbouring provinces located in Western and Central Canada - have climbed above $840 million, according to the latest estimate from Catastrophe Indices and Quantification Inc. (CatIQ). Between June 9 and 10, these two provinces experienced heavy storms that brought tornadoes, hail, damaging winds, ... Read the full article
ACORD names John Kellington as CEO
11th August 2026
ACORD, the global standards-setting body for the insurance industry, has announced the appointment of John Kellington as its new Chief Executive Officer (CEO). Kellington is an experienced insurance technology leader, with a career focused on the development, adoption and advancement of data standards. Kellington’s appointment marks his return to ACORD. He previously ... Read the full article
Spinnaker partners with In The Car to expand embedded motor insurance nationwide
11th August 2026
Spinnaker Insurance Company, a US insurer and subsidiary of Hippo Holdings Inc., has entered into a nationwide partnership with In The Car (ITC), a US-based embedded insurance technology provider, to expand the availability of embedded motor insurance across the United States. The agreement will allow the company to provide bindable personal ... Read the full article
NextRock unveils plans to establish life insurance and reinsurance platform
11th August 2026
Japanese holding company NextRock Group has unveiled plans to establish a life insurance and reinsurance platform, NextLife Insurance Group, with operations and entities in Bermuda and Delaware. NextRock describes itself as a diversified global holding company and investment platform building and managing a portfolio of businesses across multiple industries through specialised ... Read the full article
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