Reinsurance News
Echo Re welcomes Rajil Khare as Senior Underwriter, Indian Sub-Continent
23rd June 2026
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, has announced the appointment of Rajil Khare as Senior Underwriter, Indian Sub-Continent, effective June 22, 2026. His appointment further strengthens Echo Re’s footprint in the rapidly growing Indian market, the firm stated. While the reinsurer has maintained a steady presence in India for over ... Read the full article
IRB(Re) looks to broaden its international and domestic footprint
23rd June 2026
IRB-Brasil Resseguros S.A., known as IRB(Re), the Brazilian reinsurance company that provides risk transfer and reinsurance solutions to insurers in Brazil and overseas, has introduced a number of initiatives aimed at broadening its international footprint while also extending its activities within its domestic market. In separate market announcements released in June, ... Read the full article
QBE adds Callum O’Brien as Head of P&I, Asia
23rd June 2026
International insurer and reinsurer QBE has appointed Callum O’Brien as Head of Protection and Indemnity (P&I) for Asia. The move strengthens QBE's British Marine offering in a region central to its marine ambitions. In his new role, O’Brien succeeds Sebastian Tjornelund, who previously held the role before being appointed as Asia ... Read the full article
Waypoint enters Reinsurance Intermediary Management Agreement with MEM
23rd June 2026
Waypoint Underwriting Management, a division of Brown & Brown, has entered into a Reinsurance Intermediary Management Agreement with MEM Mutual Insurance Company (MEM) to underwrite property, casualty, and workers compensation treaty reinsurance business on MEM's behalf. Waypoint is a specialty reinsurance underwriting management company providing property, casualty, and workers compensation reinsurance ... Read the full article
AXA XL appoints Samantha Wotton as Head of Coverholder Development
23rd June 2026
AXA XL, the property, casualty and specialty risk division of AXA, has announced the appointment of Samantha Wotton as Head of Coverholder Development. Wotton will join AXA XL following six years with DUAL Group, the international underwriting arm of Howden Group. During her tenure at DUAL Group, Wotton served as UK Deputy ... Read the full article
Flexpoint investment in Novel to support continued expansion
22nd June 2026
Novel Financial Holdings has secured an investment from Flexpoint Ford, a specialist private equity firm, to support its continued expansion as a diversified underwriting and insurance services holding company. Funded through Flexpoint Asset Opportunity Fund III and Flexpoint Insurance Opportunity Fund I, the capital investment broadens Novel's ownership base and reinforces ... Read the full article
Wiget to lead Swiss Re’s new Alternative Capital Solutions team
22nd June 2026
Global reinsurer Swiss Re has announced the launch of a new business unit, Alternative Capital Solutions, a division that will encompass its retrocession buying activities, as well as its insurance-linked securities (ILS). Launching on July 1st, the Alternative Capital Solutions team will be led by long-standing senior employee Mirjam Wiget. In her ... Read the full article
Xceedance names Vikas Wadhera SVP to support growth of catastrophe risk services
22nd June 2026
Xceedance, a provider of technology-enabled services and operational solutions for the global insurance industry, has appointed Vikas Wadhera as Senior Vice President as the company seeks to further develop its catastrophe modelling and exposure management capabilities. The appointment forms part of Xceedance’s broader strategy to strengthen its catastrophe analytics offering for ... Read the full article
Florida Citizens renews $2.82bn catastrophe program amid up to 30% rate decline
22nd June 2026
Florida’s Citizens Property Insurance Corporation has revealed it has placed its 2026 private risk transfer program of $2.82 billion. Of the total, approximately $691 million is in the traditional reinsurance market and $2.13 billion in the capital markets, resulting in an overall weighted-average net rate-on-line (ROL) of 9.52%. The program comprises $1.29 ... Read the full article
Swiss Re CorSo adds Richard Alexander as Head Property East
22nd June 2026
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Richard Alexander as Head Property East. In his new role, Alexander will lead Swiss Re CorSo's East Property team, supporting underwriting performance, profitable growth, and continued collaboration with clients and brokers across the region. He has over ... Read the full article
79% of global data centre capacity exposed to elevated climate risk: First Street
22nd June 2026
New research from First Street found that 79% of global data centre capacity is exposed to elevated acute climate hazards, including flooding, wind, and wildfire risks that can disrupt operations, increase downtime, and drive up insurance and repair costs. First Street’s analysis shows that climate risk is emerging as a critical ... Read the full article
Pro Global expands specialist claims capability with three senior hires
22nd June 2026
Pro Global, a global provider of specialist insurance services, technology and consulting solutions, has strengthened its Claims division with the appointment of three senior professionals as the company continues to invest in its complex claims expertise. The company has appointed Gary Brankin as Head of Technical Claims, Harjinder Gill as Senior ... Read the full article
Earnix launches AI orchestration system to improve insurers’ decision-making
22nd June 2026
Earnix, a Dynamic-AI platform for insurance, has announced the launch of AIOS, the AI Orchestration System for Insurance, bringing intelligence, agents, models, workflows, governance, and human oversight into a single decisioning engine designed to improve insurer performance. AIOS extends Earnix’s intelligent decisioning capabilities across the insurance lifecycle, enabling insurers to apply ... Read the full article
Howden Re establishes Ireland office, David Carpenter to lead as Director
22nd June 2026
Howden Re, the reinsurance arm of broking group Howden, has expanded and strengthened its European presence by establishing a new office in Ireland. The broker believes this move will enhance its ability to support clients in one of the region’s most important and fast-evolving insurance markets. It also aims to bring ... Read the full article
Mexico partners with LM Re for new parametric earthquake and volcanic insurance program
22nd June 2026
The Mexican federal government, through its sovereign disaster risk financing strategy, has deployed a nationwide parametric earthquake and volcanic risk insurance with Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, acting as the lead capacity provider. This parametric insurance solution, brokered by Augment Risk and domestic broker TBS, ... Read the full article
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