Reinsurance News
RGA names Senan O’Loughlin as EVP, Head of the Americas
24th June 2026
Reinsurance Group of America, Incorporated, a global life and health reinsurer, has announced the appointment of Senan O’Loughlin as Executive Vice President, Head of the Americas, with the appointment taking effect on 22 June. As part of his new responsibilities, O’Loughlin will also become a member of the RGA Executive Committee. ... Read the full article
Gallagher creates European carrier management head role as expansion continues
24th June 2026
Gallagher has created a European head of carrier management role to oversee insurer partnerships as it expands in the region, with Harald Köberich, who joined via the 2024 acquisition of Germany-based Köberich Financial Lines, taking on the role alongside leading its European specialist division. Köberich has over 20 years of insurance ... Read the full article
Santam Syndicate 1918 names Gavin Coley as Head of Claims
24th June 2026
Santam Syndicate 1918, the Lloyd’s syndicate of Santam Group, Africa’s largest non-life insurer, has appointed Gavin Coley as Head of Claims. Coley will be based in London and will report directly to Rob Vetch, Chief Financial Officer of Santam Syndicate 1918. The appointment brings more than three decades of insurance and reinsurance ... Read the full article
Ample capacity drives Florida Citizens’ 2026 risk transfer program amid strong cat bond demand
24th June 2026
Final lines for Florida Citizens Property Insurance Corporation's 2026 risk transfer program reveal that insurance-linked securities (ILS), catastrophe bonds and collateralised markets continue to dominate the insurer's protection purchases, with identifiable third-party capital backing more than half of the traditional reinsurance placement and almost 90% of the overall tower. Two days ... Read the full article
Arch Insurance Australia appoints Fariha Neda as Northern Region Executive Assurance Underwriting Manager
24th June 2026
Arch Insurance Australia (Arch), a subsidiary of Arch Capital Group and a provider of speciality insurance products and services, has appointed Fariha Neda as Northern Region Executive Assurance Underwriting Manager, effective immediately. In her role, Neda will oversee the underwriting activities across the northern region Executive Assurance portfolio, providing a range ... Read the full article
Majesco points to accelerating AI adoption reshaping insurance operating models
24th June 2026
Majesco, a provider of AI-native and cloud-native software solutions for the insurance industry, has released a new thought leadership report examining insurers' strategic priorities for 2026. Titled Strategic Priorities 2026: The Frontier Insurer in the Intelligent Era of Insurance, the report is based on Majesco's primary research into how insurers are ... Read the full article
Karla Scott joins MSIG USA as Head of Cargo and Logistics
24th June 2026
MSIG USA, the US insurance arm of global insurer MS&AD Insurance Group Holdings, is further strengthening its Marine platform and expanding its capabilities with the appointment of Karla Scott as Head of Cargo and Logistics. Leveraging her over 25 years of experience across marine cargo, logistics, inland marine, and hull underwriting, ... Read the full article
AXA XL announces leadership changes across Austria and CSEE operations
24th June 2026
AXA XL, the property, casualty and specialty risk division of the AXA Group, has announced a leadership change affecting its operations in Austria and the Central and Southeastern Europe (CSEE) region. The company has operated in Austria and the CSEE region for almost 30 years and views the area as having ... Read the full article
SanlamAllianz’s Heinie Werth to retire, Hennie Nel succeeds as CEO
23rd June 2026
The Board of SanlamAllianz, a Pan-African non-banking financial services company formed jointly by Sanlam and Allianz, has appointed Hennie Nel as its next Chief Executive Officer (CEO), effective September 1st 2026, as Heinie Werth retires at the end of 2026. Werth retires following a distinguished 28-year career with the Sanlam group, ... Read the full article
Global insurance protection gap widens as growth shifts to emerging markets: Moody’s
23rd June 2026
Moody's has suggested the global insurance protection gap is widening as economic growth shifts toward underinsured emerging markets, where insurance penetration remains low, and catastrophe losses are increasingly going uninsured. According to the firm’s report, the protection gap is typically wider in developing economies, where insurance penetration remains low due to ... Read the full article
U.S. P&C insurance industry’s financial performance improves through Q1’26: Verisk
23rd June 2026
The U.S. property & casualty (P&C) insurance industry saw an improved year-over-year financial performance in the first quarter of 2026, with insurers posting a strong 92.4 combined ratio alongside a significant deceleration in premium growth, Verisk data revealed. According to key financial indicators for private U.S. P&C insurers, from both Verisk ... Read the full article
RGA appoints Laura Cockrill as CFO
23rd June 2026
Reinsurance Group of America (RGA), a global life and health reinsurer, has announced the appointment of Laura Cockrill as Chief Financial Officer, effective immediately. Cockrill will be succeeding Axel André, who will leave the company on July 17 to pursue a new opportunity. Bringing more than 25 years with RGA, Cockrill has ... Read the full article
BMS establishes Global Capability Centre in Mumbai led by Nipun Mapara
23rd June 2026
BMS Group, an independent global insurance and reinsurance broker, has established a Global Capability Centre (GCC) in Mumbai, led by Nipun Mapara as Managing Director (MD), with Sanjeev Poojari appointed as Head of Operations. The new centre marks a significant step in the broker’s long-term strategy to build data, analytics, and ... Read the full article
Carrick closes IRB-Brasil UK legacy transfer following High Court approval
23rd June 2026
Bermuda-based international non-life legacy insurer Carrick Group Limited has announced the transfer of the reinsurance contracts of IRB-Brasil Resseguros’ UK branch to Community Reinsurance Corporation Limited by way of an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000. The transfer was reportedly sanctioned by ... Read the full article
Minesh Jani joins Gallagher Re as CEO of India
23rd June 2026
Gallagher Re, a global reinsurance broker and advisory firm, has confirmed that Minesh Jani has now joined as Chief Executive Officer (CEO) of India, which was announced back in February. “Minesh has built strong, collaborative relationships across clients, markets and regulators in the region, enabling consistent growth and long-term partnerships. ... Read the full article
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