Reinsurance News
Suncorp buys AUD 2.4bn five-year aggregate reinsurance cover
24th April 2026
Australian insurer Suncorp has secured an additional five-year aggregate reinsurance cover that will provide AUD 800 million of protection annually, and up to AUD 2.4 billion of total protection over the period beginning June 30, 2026. The attachment point for the aggregate cover is indexed to Suncorp’s growth in exposure over ... Read the full article
Asia Pacific insurers step up private market allocations as technology falls behind, reports Clearwater Analytics
24th April 2026
Clearwater Analytics, a provider of investment accounting, reporting and analytics solutions, reports that insurers across Asia Pacific are increasing their commitments to private markets at pace. According to Clearwater Analytics, executives surveyed expect that within five years roughly one third of their combined $3.8 trillion in assets will be allocated to ... Read the full article
Schroders Capital and Hannover Re introduce tokenised infrastructure for ILS investments
24th April 2026
Schroders Capital, the private markets division of global asset manager Schroders, and Hannover Re, an international reinsurance provider, have launched a tokenised capability within Schroders Capital’s Private Debt & Credit Alternatives (PDCA) insurance-linked securities (ILS) platform. The announcement includes the completion of what is described as the first real-world collateralised reinsurance ... Read the full article
Christopher T. Reichardt named President of Berkley Oil & Gas
24th April 2026
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has appointed Christopher T. Reichardt as President of Berkley Oil & Gas. In his new role, Reichardt succeeds Linda A. Eppolito, who will transition as the Chair of the business unit. Both appointments are effective immediately. As a business ... Read the full article
EU insurers and reinsurers expand private credit exposure: S&P
23rd April 2026
S&P Global Ratings, the credit rating agency, reports that insurers and reinsurers in the European Union have been steadily increasing their allocation to private credit. The findings are presented in its Insurance Brief published on April 23, 2026, which the company notes does not constitute a rating action. S&P Global Ratings states ... Read the full article
Chubb CEO highlights misalignment between property supply-demand factors
23rd April 2026
During global insurer Chubb’s first quarter earnings call, CEO Evan Greenberg described the rapid softening in the property insurance market as “dumb,” citing a misalignment between supply-demand factors related to capital in the re/insurance industry and high intermediation costs. Chubb reported that it reduced exposures in its Major Accounts and ... Read the full article
Digital insurance growth in Africa and the Middle East highlights reinsurance capacity gaps, EIRS warns
23rd April 2026
EIRS, a company working on digital insurance infrastructure and reinsurance solutions across emerging markets, says the rapid expansion of digital insurance in Africa and the Middle East is exposing a structural imbalance in how risk is supported and transferred. The company notes that while demand and distribution are expanding quickly, the ... Read the full article
Kemper Corporation sells Newins Insurance Agency to Confie
23rd April 2026
US-based insurer Kemper Corporation has sold Newins Insurance Agency Holdings, LLC, its retail property and casualty insurance agency portfolio, to Confie, a personal lines insurance distribution company. Newins Insurance Agency Holdings’ distributions consist of captive agents and storefront locations. The operation was acquired by Kemper as part of the American Access ... Read the full article
Strong 2025 Lloyd’s syndicate results mask wide performance dispersion at individual level
23rd April 2026
Syndicate Research Limited (SRL) has reported that the weighted average result as a percentage of Net Premium Earned (NPE), excluding Funds in Syndicate (FIS) investment returns, for Lloyd’s of London syndicates trading in 2025 was an above-average 18.8%. The 2025 figure represents an improvement on 2024’s 18%, and compares favourably with ... Read the full article
Beedle retires from PartnerRe, Sasa Hu named CEO, P&C, APAC
23rd April 2026
Bermuda-based reinsurer PartnerRe has announced the retirement of James Beedle, the Chief Executive Officer of its Asia Pacific (APAC) unit. He is an industry veteran who served in the role for nearly a decade. Following this, the reinsurer has appointed Sasa Hu as its new CEO of property and casualty (P&C), ... Read the full article
Neptune expands revenues 29% in Q1’26 while maintaining strong EBITDA margins
23rd April 2026
Florida-based flood insurance group Neptune Insurance Holdings Inc., parent of Neptune Flood, has disclosed strong top-line growth for Q1 2026, with revenues rising nearly 29% year-on-year and adjusted EBITDA also posting solid gains. For the opening quarter of this year, Neptune's total revenues reached $37.8 million, up 28.8% from $29.4 million ... Read the full article
BMA and Lloyd’s introduce streamlined Market Entry pathway for insurance innovation
23rd April 2026
The Bermuda Monetary Authority (BMA), the regulator responsible for Bermuda’s financial services sector including insurance supervision, has introduced a new Market Entry & Innovation Pathway intended to support firms with established solutions in progressing more efficiently into the Bermuda market. The initiative was formally presented on 10 April 2026 at the ... Read the full article
Cyber insurance market enters critical phase amid softening rates and rising exposure: DUAL
23rd April 2026
Richard Clapham, CEO of DUAL, has warned that the global cyber insurance market is approaching a “significant inflection point”, as sustained softening, rising exposures and an increasingly elevated threat landscape converge to test long-term market sustainability. In a recent report, DUAL said cyber insurance has reached a critical juncture. As a ... Read the full article
Kingstone Companies extends Golden’s term as President and CEO till January, 2029
23rd April 2026
The Board of Directors of property and casualty (P&C) insurance holding company, Kingstone Companies, Inc., has extended Meryl Golden’s term as President and Chief Executive Officer through January 10th, 2029. The Compensation Committee recommended this extension, as Golden’s current agreement was set to expire on January 10th, 2027. This move follows the ... Read the full article
UK life insurers’ annuity volumes expected to rebound in 2026 while margin pressure persists: Fitch
23rd April 2026
Fitch Ratings, a global credit ratings agency, expects UK life insurers’ pension risk transfer (PRT) market activity to recover in 2026. Fitch Ratings links this expectation to continued demand from defined benefit pension schemes seeking to reduce balance sheet exposure, alongside the potential re-emergence of larger transactions. The agency notes that total ... Read the full article
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