Reinsurance News

SiriusPoint adds Sabra Purtill to its Board of Directors

31st March 2026

SiriusPoint, a specialty insurer and reinsurer, has appointed Sabra Purtill to its Board of Directors, effective March 25th, 2026. Simultaneously, while Franklin (Tad) Montross IV and Peter Tan will step down from the board effective May 20th, 2026. Purtill has four decades of experience across insurance and financial services, with expertise in ... Read the full article

Peak Re grew reinsurance revenue 33% in FY’25

31st March 2026

Fosun International Limited has released the unaudited results for Hong Kong-based global reinsurer, Peak Re, for the full year 2025 (FY’25), disclosing an increase in reinsurance revenue of 32.8% year-on-year to $1.54 billion. At Peak Re, the FY’25 reinsurance service result also improved 12.7% year-on-year to $162.9 million, with strong growth ... Read the full article

Howden Re to provide comprehensive volcanic risk modelling for Spain with Mitiga extended partnership

31st March 2026

Global reinsurance broker Howden Re has extended its ongoing collaboration with Mitiga Solutions to enhance Spain’s national approach to assessing volcanic risk. The partnership applies Mitiga’s proprietary volcanic catastrophe models to the Canary Islands, providing a more sophisticated understanding of potential geological threats. The initiative is being developed within Howden Re and ... Read the full article

J.C. Flowers to acquire a controlling stake in Niyam

31st March 2026

Private investment firm J.C. Flowers & Co. (JCF) has entered into an agreement to acquire a controlling stake in Niyam Group whilst also acting as lead investor in Niyam Syndicate 2047, a newly established syndicate at Lloyd's. Launched earlier this year by industry veteran Bobby Swarup, Niyam is a reinsurance ... Read the full article

Swiss Re partners with PALIG to launch online life claims submission portal

31st March 2026

Swiss Re, one of the world's largest reinsurance companies, has developed and launched an online claims submission portal for life insurance beneficiaries in conjunction with Pan‑American Life Insurance Group (PALIG), a provider of life, accident, and health insurance throughout the Americas. The new portal aims to expand digital access to the ... Read the full article

Reinsurers are committed to an Indian market at the forefront of global growth: Agarwal, Howden India

31st March 2026

In an interview with Reinsurance News, Amit Agarwal, Chief Executive Officer (CEO) and Managing Director (MD) of Howden India, explained that, amid abundant capacity and heightened competition, certain areas of the market projected a softening in price ahead of the April renewals; however, reinsurers remain deeply committed to the Indian ... Read the full article

New Willis facility targets limited US casualty market umbrella capacity

31st March 2026

Insurance broker Willis, a WTW business, has launched the Willis Excess Liability Lineslip (WELL) facility, an umbrella insurance solution designed to address limited capacity for large and complex casualty risks in the United States. Providing up to $50 million of combined lead umbrella and first excess, the WELL facility offers organisations ... Read the full article

Aegon puts forward Marco Keim as nominee to the Supervisory Board a.s.r.

31st March 2026

Aegon, a provider of life insurance, pensions and asset management services, has put forward Marco Keim as its nominee to the Supervisory Board of a.s.r. The appointment would see Keim take over from Lard Friese as a non-independent member, reflecting Aegon’s position as a significant shareholder with an interest of roughly ... Read the full article

P&C profitability nears peak amid rising competition and strong balance sheets, says Moody’s

30th March 2026

According to Moody's Ratings, a provider of credit ratings and risk analysis, profitability in the property and casualty (P&C) reinsurance sector appears to have reached its peak as competition intensifies across all lines of business. Moody’s reports that in 2025, the combined ratio of four major European reinsurers, Hannover Re, Munich ... Read the full article

Commodity prices rise due to Middle East conflict: Coface

30th March 2026

The conflict in the Middle East is causing commodity prices to soar, driven by disruptions to the supply of raw materials via the Strait of Hormuz. According to a recent FLASH NEWS report by Coface, the conflict has triggered a “deadlock” scenario that is significantly impacting the oil & gas, ... Read the full article

Howden Re boosts Latin America and Caribbean offering with senior hires

30th March 2026

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden Group, has appointed Carlos Garcia as Managing Director and Karina Lopez as Director, further strengthening its Latin America and Caribbean offering. According to Howden Re, the appointments reflect the growing demand for sophisticated reinsurance solutions across the two ... Read the full article

The Hartford strengthens international business with leadership updates

30th March 2026

US-based insurer The Hartford has made several leadership updates within its international business as it continues to strengthen capabilities for long-term, sustainable growth. Julian Samuel has been appointed Head of First Party Lines, where he will lead Marine, Energy, and Political Violence & Terrorism (PVT), and spearhead the company’s expansion into ... Read the full article

Acrisure Re promotes Daniel Bruno to Global Head of Actuarial

30th March 2026

Acrisure Re, the re/insurance division of global fintech company Acrisure, has announced the promotion of Daniel Bruno to Global Head of Actuarial. In this new role, Bruno will unify Acrisure Re’s actuarial resources across New York, London, Toronto, and Bermuda, further strengthening the company’s global platform and commitment to technical excellence ... Read the full article

UK bulk annuity market sees record deal volumes as competition intensifies, says Aon

30th March 2026

The UK bulk annuity market recorded its busiest year to date in 2025, according to Aon, a global professional services firm that provides advice and solutions across risk, retirement and health. Aon attributes the high level of activity to intensifying competition, particularly in smaller transactions, alongside continued insurer appetite across the ... Read the full article

Alejandro Pedroza to lead MISSION’s recently launched Latin America platform

30th March 2026

MISSION Underwriters, a technology-driven program administrator, has announced the launch of its Latin America platform, alongside the appointment of Alejandro Pedroza as President, Latin America, a newly created role. Operating from Miami, MISSION’s Latin America platform will focus on building specialised facultative reinsurance programmes and expanding the company’s presence across key ... Read the full article