Reinsurance News
AXA XL appoints Nicoletta George as Global CUO, General Liability
25th June 2026
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Nicoletta George as Global Chief Underwriting Officer (CUO) of General Liability. According to AXA XL, George will work closely with the company’s Global Casualty team in her new position, supporting portfolio strategy design and management, ... Read the full article
Howden Re strengthens China market capability
25th June 2026
Howden Re, the reinsurance arm of broking group Howden, has strengthened its China market capability with three senior appointments across treaty, retrocession, and agriculture, all based in Hong Kong. Houqin Zhu joins as Managing Director, Head of China Treaty, Mike Xin joins as Managing Director, Head of Agriculture, APAC, and David ... Read the full article
AM Best assigns PCA to new Bermuda insurer Fortium
25th June 2026
Fortium Insurance Company Ltd., a new Bermuda specialty startup, has been assigned a Preliminary Credit Assessment (PCA) by AM Best with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The PCA, which has also been assigned a stable outlook, reflects Fortium’s ... Read the full article
Crawford & Company announces Middle East leadership transition and senior UAE appointments
25th June 2026
Crawford & Company, an independent provider of claims management and outsourcing solutions, has announced a leadership transition within its Middle East operations alongside new senior appointments in the United Arab Emirates. The firm is managing the planned retirement of its regional director for the Middle East and the introduction of new ... Read the full article
MS Amlin to join Natural Disaster Fund as commercial capacity partner
25th June 2026
MS Amlin, the Lloyd’s global specialist re/insurer, has announced that it will join the Natural Disaster Fund (NDF) as a commercial capacity partner. The NDF is managed by Global Parametrics, a CelsiusPro Group subsidiary, and is capitalised by commitments from the UK government’s Foreign, Commonwealth and Development Office (FCDO), and Germany’s ... Read the full article
King Risk Partners launches Transportation Practice
25th June 2026
Florida-domiciled insurance brokerage, King Risk Partners, has expanded its specialty capabilities with the formal launch of its Transportation Practice, led by Matt Hoover, who has been named Transportation Placement Specialist. The move reflects the broker's broader strategy to build deep, scalable expertise across key industry verticals. This launch is part of a ... Read the full article
RT Specialty names Brendan Mulshine as CEO
25th June 2026
Ryan Turner Specialty (RT Specialty), the wholesale brokerage division of Ryan Specialty, has appointed Brendan Mulshine as its new Chief Executive Officer (CEO), effective August 1st, 2026. Mulshine currently serves as the Co-President of Ryan Specialty, a role he will continue to hold in addition to his new responsibilities. He will work ... Read the full article
Venezuela earthquakes could drive economic costs of more than US$10bn: USGS
25th June 2026
Shortly after 6pm local time on Wednesday, Venezuela's capital was hit by a Magnitude 7.2 foreshock and a larger M7.5 mainshock just 39 seconds later, with the US Geological Survey (USGS) giving a 44% chance of more than 10,000 fatalities, and a 45% chance the economic costs exceed US$10 billion. The ... Read the full article
Samantha Wotton joins AXA XL as Head of Coverholder Development UK
25th June 2026
AXA XL, the property, casualty and specialty risk division of the AXA Group, has announced the appointment of Samantha Wotton as Head of Coverholder Development, UK, a London-based role. In her new position, Wotton will be responsible for the creation, implementation, and oversight of AXA XL's commercial strategy and engagement framework ... Read the full article
Asia’s manufacturers face uninsured losses due to growing cyber physical damage protection gap: TMK
25th June 2026
As cyber-attacks increasingly target industrial systems, manufacturers across Asia-Pacific face a growing cyber physical damage protection gap, according to a recent report by specialist insurer, Tokio Marine Kiln (TMK). In 2024, the Asia-Pacific region emerged as the primary global target for cyber incidents, accounting for approximately one third of all global ... Read the full article
WTW names Lizzie Eason Director & Actuarial Data Scientist within NA PPCU team
25th June 2026
Global insurance and reinsurance broker WTW has announced the appointment of Lizzie Eason as Director and Actuarial Data Scientist within its Pricing, Product, Claims and Underwriting (PPCU) consulting team in North America. In her new position, Eason will leverage her nine years of insurance carrier experience to support PPCU clients and ... Read the full article
Reliance Global strengthens leadership team to advance AI insurance initiatives
24th June 2026
Reliance Global Group, Inc., a US insurtech company focused on acquiring and supporting independent insurance agencies through a technology-based platform, has announced several senior appointments as it pursues plans involving artificial intelligence across its insurance operations and product development activities. The company has appointed Judah Korman as Chief Operating Officer, Zack ... Read the full article
MSCI acquires climate risk data and analytics provider First Street
24th June 2026
Global data analytics provider MSCI Inc. has acquired First Street, a provider of physics-based climate risk data and analytics for every property in the world, to enhance its global physical climate risk capabilities. The transaction consideration includes a cash payment of $120 million at closing, which is subject to customary closing ... Read the full article
HDI Global US appoints Shadi Albert as CEO as Jim Clark steps down
24th June 2026
Corporate and specialty lines insurer, HDI Global (HDI), in alignment with its new strategy, Xcelerate29, has appointed Shadi Albert as Chief Executive Officer (CEO) of HDI Global US, effective July 13th, 2026. Jim Clark, CEO of HDI Global US, will step down effective immediately. To ensure a smooth leadership transition, effective ... Read the full article
Allianz Commercial reports insurance pressures amid rising geopolitical risk and shifting maritime losses
24th June 2026
Allianz Commercial, the corporate insurance division of Allianz Group, has emphasised that marine insurers are operating in an increasingly complex environment as global shipping, responsible for around 90% of international trade by volume, faces heightened geopolitical and operational pressures. In its latest Safety and Shipping Review, Allianz Commercial points to recent ... Read the full article
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