Reinsurance News
QBE Re announces debut $550m casualty sidecar
7th January 2026
QBE Re, the reinsurance division of global insurance group QBE, has completed its debut casualty sidecar, George Street Re, marking its entry into the sidecar market through a fully collateralized quota share reinsurance transaction exceeding $550 million. The George Street Re sidecar, backed by institutional investors Culpeper Capital Partners, Calidris Investment ... Read the full article
Neptune Flood adds underwriting capacity through new Lloyd’s syndicate partnership
7th January 2026
Neptune Flood, a private flood insurance provider in the US, has entered into a strategic partnership with Somers Syndicate 3705 to bring additional underwriting capacity to support its suite of insurance offerings. Somers Syndicate 3705 is the Lloyd’s insurance operation of Somers Re Ltd, a global insurance and reinsurance firm with ... Read the full article
Blenheim launches specialty trade-related MGA led by Ed Parker
7th January 2026
Blenheim Partnerships, part of the White Bear Group, has launched its specialty trade-related managing general agent (MGA), to be led by Ed Parker. The MGA is backed by Blenheim Underwriting alongside other well-known markets, including some Lloyd’s syndicates. According to the announcement, the MGA offers insurance for a variety of trade-related risks, ... Read the full article
Malakut appoints Sajith Kumar as Chief Commercial Officer, Middle East
7th January 2026
Malakut, an independent multinational insurance and reinsurance broker, has announced the appointment of Sajith Kumar to the newly established role of Chief Commercial Officer, Middle East. In this position, Kumar will be based at the company’s Dubai headquarters, where he will lead regional sales for the Malakut Group, drive profit growth, ... Read the full article
MetLife & General Atlantic-backed Chariot Re complete second reinsurance deal
7th January 2026
Chariot Re, an independent Bermuda-based life and annuity reinsurance company, has announced the completion of its second reinsurance transaction. The agreement, signed with Metropolitan Tower Life Insurance Company, a Nebraska-based affiliate of MetLife, covers a significant block of whole life insurance liabilities. Under the terms of the transaction, MetLife’s commitment to its ... Read the full article
Xceedance enters agent and broker ecosystem with Marble Box acquisition
7th January 2026
Xceedance, a global provider of technology-driven business solutions for the insurance industry, has acquired Marble Box, a company providing specialised back-office support and virtual assistant services for independent insurance brokers. With this acquisition, Xceedance enters the agent and broker sector, highlighting its dedication to modernise distribution operations, the firm noted. Though agencies ... Read the full article
Coalition expands cyber coverage to UK Crown Dependencies and Gibraltar
7th January 2026
Coalition, an active insurer focused on preventing digital risks, has expanded its UK operations to include organisations domiciled in the Isle of Man, Jersey, Guernsey, the remaining Channel Islands, and Gibraltar. The move marks significant broadening of the firm’s geographic footprint, allowing organisations in the UK Crown Dependencies and Gibraltar to ... Read the full article
Tal Winkler appointed Senior Treaty Underwriter at Echo Re and DEVK Re
7th January 2026
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, has announced the appointment of Tal Winkler as Senior Treaty Underwriter at Echo Re and DEVK Re. Both Echo Re and DEVK Re are fully owned subsidiaries of DEVK Sach- und HUK-Versicherungsverein a.G. Winkler is an experienced reinsurance engineering underwriter with a background in ... Read the full article
Moody’s Ratings maintains stable outlook on global P&C insurance for 2026
6th January 2026
Moody's Ratings has maintained its stable outlook on the global property and casualty (P&C) insurance sector for 2026, with the rating agency expecting carriers to continue to generate good profitability and strong capitalisation against a backdrop of subdued global economic growth. The ratings agency revised its outlook on the sector ... Read the full article
Sompo names Haixia Zhao as President of APAC Reinsurance & CUO, Global Specialty
6th January 2026
Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Haixia Zhao as President of APAC Reinsurance and Chief Underwriting Officer, Global Specialty. Zhao brings more than two decades of re/insurance industry experience to the role. She joined Sompo in May 2018 as Senior Vice President and ... Read the full article
Gallagher integrates AssuredPartners aviation team into global aerospace practice
6th January 2026
Global re/insurance broking group Gallagher has announced the integration of the AssuredPartners aviation and aerospace team into its global aerospace practice, creating a worldwide division of nearly 600 specialist risk professionals. This integration established a combined US team of 190 aerospace colleagues across 10 locations. Eric Barfield, previously leading the AssuredPartners aerospace ... Read the full article
OneNexus and Travelers partner to launch surety platform for energy sector
6th January 2026
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, Inc., a North American surety provider, establishing a new surety program specifically designed for the energy sector. Through this partnership, Travelers, a Treasury-listed surety company, will provide surety bonds backed by a long-term funding platform ... Read the full article
AXA XL’s McGovern succeeds Brooks as Chair of Lloyd’s Market Association
6th January 2026
Sean McGovern, currently the leader of AXA XL’s insurance business in the UK & Lloyd’s market, has become the new Chair of the Lloyd’s Market Association (LMA) for a three-year term, replacing outgoing Chair Andrew Brooks. McGovern serves as Chief Executive Officer, UK & Lloyd’s and a Director of their managing ... Read the full article
TFP’s Imala Re appoints Edward Herrera as Deputy Chief Underwriting Officer
6th January 2026
Imala Re, the Latin American and Caribbean Property, Motor and Marine treaty reinsurance MGA operating through The Fidelis Partnership’s Pine Walk platform, has announced the appointment of Edward Herrera as Deputy Chief Underwriting Officer. In September 2025, Pine Walk, a specialist MGA platform and wholly owned subsidiary of The Fidelis ... Read the full article
Strategic insurers in a ‘commanding position’ following renewal: Aon
6th January 2026
Insurers are expected to return to the market post-renewal to capitalise on favourable conditions and explore additional protections to reduce earnings volatility, including aggregate products and structured solutions, Aon said in its January 2026 Reinsurance Market Dynamics report, in a section focused on property catastrophe. According to the firm, insurers are ... Read the full article
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