Reinsurance News
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
Reassured partners with Adviser.Ai to support digital transformation and customer experience
23rd April 2026
Reassured, a UK-based life insurance broker, has entered into a partnership with Adviser.AI to support its digital transformation strategy and improve the way it engages with customers. Adviser.AI is a cloud-based customer engagement and automation platform designed for the protection and insurance sector, enabling communication through channels such as email and ... Read the full article
RLI Corp reports 3% top-line growth for Q1’26
23rd April 2026
RLI Corp., a US-based specialty insurer focused on property, casualty, and surety markets, has reported solid top-line growth as total gross premiums written increased by 3% to $503 million for the first quarter of 2026, led by the casualty segment, compared to $491 million in Q1’25. For the quarter, net premiums ... Read the full article
Liberty Specialty Markets restructures its European Fine Art & Specie unit
23rd April 2026
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has restructured its leadership team for its Fine Art & Specie (FA&S) line of business in Europe, effective May 1st, 2026. Bjoern Reusswig has been appointed as the European Underwriting Manager for Contingency, Fine Art & Specie and War & Terrorism. He will ... Read the full article
Australia’s non-life insurers remain resilient amid volatile risk landscape: AM Best
23rd April 2026
Australia’s non-life insurance industry has demonstrated resilience in the face of an increasingly complex and interconnected risk landscape, achieving total insurance revenue of approximately AUD 77.7 billion (USD 54.1 billion) for the fiscal year ending 30 June 2025, according to AM Best. The top 10 Australia-based non-life insurers reported a combined ... Read the full article
JBA Risk Management releases global climate change flood mapping suite
23rd April 2026
JBA Risk Management, a specialist company focused on flood hazard modelling and climate risk analytics, has introduced a new suite of global flood maps that incorporate climate change projections. The tools are designed to help insurers, investors, corporates, and other stakeholders assess how physical flood risk may shift over time. According to ... Read the full article
Selective posts revenue growth and double-digit investment income gains in Q1’26
23rd April 2026
Selective Insurance Group, Inc. has reported higher revenues and investment income for Q1 2026, alongside continued growth in book value per share, despite elevated catastrophe losses impacting underwriting profitability. For the opening quarter of the year, Selective's total revenues increased 6% year-on-year to $1.36 billion, supported by a 5% rise in ... Read the full article
Openly expands reinsurance partnership with Allianz Re alongside new growth investment
23rd April 2026
Openly, a technology-enabled homeowners insurance provider, has announced an expansion of its long-term reinsurance partnership with Allianz Re, strengthening the structure that supports its homeowners insurance portfolio. The company also completed a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners, and Gradient, with strategic participation from ... Read the full article
Kristyn Smallcombe named CUO of Ascot U.S.
23rd April 2026
Ascot, a global specialty insurance and reinsurance group, has announced the appointment of Kristyn Smallcombe as Chief Underwriting Officer (CUO), Ascot U.S. In her new role, Smallcombe will be responsible for shaping and executing Ascot’s U.S. underwriting strategy, focusing on profitability, growth, and diversification across the insurance platform. She will report to ... Read the full article
Spinnaker Insurance reaches AM Best FSC IX amid continued capital markets activity
23rd April 2026
Spinnaker Insurance Company, a wholly owned subsidiary of Hippo Holdings that provides property and casualty solutions to the program insurance market, has reported that it has reached an AM Best Financial Size Category (FSC) of IX, representing policyholder surplus above $250 million. Spinnaker Insurance Company states that this development strengthens its ... Read the full article
Clockwork Re appoints Mark Elliott as Director
23rd April 2026
Guernsey-based category 4 commercial general reinsurer, Clockwork Re, has appointed Mark Elliott, who has more than 25 years of experience across reinsurance, insurance, and insurance-linked securities (ILS), as Director. Currently, Elliott serves as the Chief Executive Officer (CEO) of Marco Capital Re and PoloWorks Insurance Managers. In the past, Elliott has served ... Read the full article
Arctic maritimes routes see growing interest, though commercial potential remains limited: Coface
22nd April 2026
With the conflict in the Middle East and the blockade of the Strait of Hormuz disrupting global trade, a new study from Coface has highlighted that Arctic routes are attracting growing interest as potential alternatives. However, the firm has suggested that the commercial potential of Arctic routes will "remain limited" ... Read the full article
Gallagher Re appoints Christopher Lynch as VP, US Casualty Fac Broker
22nd April 2026
Global reinsurance broker Gallagher Re has announced the appointment of Christopher Lynch as Vice President – US Casualty Facultative Broker. Lynch brings more than two decades of insurance and reinsurance industry experience, with deep expertise and a proven track record of delivering results across complex risk environments. In a recent LinkedIn post, ... Read the full article
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