Reinsurance News

ClimateWise appoints Syal and Branagan as co-chairs of Insurance Advisory Council

7th April 2026

Cambridge Institute for Sustainability Leadership’s (CISL) ClimateWise has appointed Tokio Marine Kiln's Vivek Syal and RenaissanceRe's Ian Branagan as co-chairs of its C-suite Insurance Advisory Council. ClimateWise brings together the insurance industry through a member network convened by the University of Cambridge Institute for Sustainable Leadership, integrating sustainable leadership with world-leading ... Read the full article

GCC insurers’ underwriting profitability at risk from Hormuz disruption, Fitch warns

7th April 2026

Assessing insurers’ vulnerability to an adverse scenario in which the Strait of Hormuz remains effectively closed until June 2026, Fitch Ratings has warned that a spike in inflation or supply chain disruption could drive up claims costs, putting particular pressure on the underwriting profitability of Gulf Cooperation Council (GCC) insurers. Fitch ... Read the full article

Ascot names Ian Lowe as Head of Bermuda Property Treaty

7th April 2026

Ascot, a global specialty insurance and reinsurance group, has appointed Ian Lowe as Head of Bermuda Property Treaty. In his new role, Lowe succeeds Simon Kimberley, who has resigned to pursue other opportunities. He will report to Marc Amen, Chief Executive Officer (CEO) of North America and Interim CEO of Ascot ... Read the full article

DFC and Chubb reveal new partners for expanded Maritime Reinsurance plan

7th April 2026

The U.S. International Development Finance Corporation (DFC) and Chubb have revealed six additional American insurance partners that will provide reinsurance for the DFC's Maritime Reinsurance plan: Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, and CNA. As previously reported, Chubb was named lead partner for the DFC’s $20 billion Maritime ... Read the full article

Munich Re names Andreas Moser as Global Head of Credit, Surety & Political Risk Reinsurance

7th April 2026

Munich Re, one of Europe's big four reinsurance companies, has appointed Andreas Moser as Global Head of Credit, Surety and Political Risk Reinsurance, effective April 1st, 2026. Having joined Munich Re in 2004 and the firm's Financial Risks division in 2021, Moser has contributed to the development of new digital business ... Read the full article

Arundo Re’s combined ratio strengthened to 88.8% in 2025 as GWP rise 5%

7th April 2026

Global reinsurer Arundo Re generated net income of €100.9 million and recorded a 5% rise in gross written premiums (GWP) to €1.427 billion in the 2025 fiscal year. In 2025, year-on-year premium growth was 6% to €1.026 billion in non-life, supported by 1% growth in life business to €401 million. Net income ... Read the full article

Rokstone expands Singapore marine team with Jackie Lan

7th April 2026

Rokstone, the international specialty re/insurance managing general agent (MGA), has announced the appointment of Jackie Lan as Underwriter in its Singapore marine team. Rokstone established its Singapore marine MGA in June 2025 with a multi-year $25 million Lloyd’s capacity deal. The team focuses on four marine lines: Construction, Cargo, Hull and ... Read the full article

Non-life insurers and reinsurers drives growth at India’s GIFT City

7th April 2026

Insurance and reinsurance volumes have expanded rapidly at Gujarat International Finance Tec-City (GIFT City), India’s first operational greenfield smart city, hitting $1.2 billion in 2025 from $102 million in 2020, driven largely by non-life insurance and reinsurance segments, according to a release on ANI. The growth marks an over 11-fold increase ... Read the full article

Zenkyoren launches Guernsey-based reinsurer to diversify risk portfolio

7th April 2026

JA Kyosai (Zenkyoren) has established a reinsurance subsidiary, Zenkyoren Re Limited, in the Bailiwick of Guernsey, a Crown dependency of the United Kingdom. The new Zenkyoren Re structure, which has commenced its business operations, will be operated by Aon Insurance Managers acting on behalf of Zenkyoren. In its announcement, Zenkyoren noted that ... Read the full article

Tysers names industry veteran Richard Jenkins as Joint Deputy MD, Marine & Aviation

7th April 2026

Tysers, an independent Lloyd’s insurance broker and part of the Australian AUB Group, has announced the appointment of Richard Jenkins as Joint Deputy Managing Director, Marine & Aviation. In his new position, Jenkins will work alongside his colleagues Craig Cox and Tom Walker, Joint Deputy Managing Directors, Marine & ... Read the full article

Appetite remains strong as property reinsurance rates fall in India at April 1: Gallagher Re

7th April 2026

At the April 1 renewals in India, Gallagher Re saw broad softening of risk-adjusted rates in the majority of lines and treaties across the country’s property segment, as loss-free and well-performing programmes achieved -10% to -15% rate reductions on average. Reinsurance broker Gallagher Re’s latest 1st View Report highlights the transition ... Read the full article

Arc Legal appoints Ashley Law as Chief Executive Officer

7th April 2026

Arc Legal Group, part of ANV Group Holdings and a provider of legal expenses insurance and assistance products, has announced the appointment of Ashley Law as Chief Executive Officer. This follows Lee Taylor’s decision to step down from the role for personal reasons, effective 1 May 2026, subject to regulatory approval. ... Read the full article

US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re

2nd April 2026

US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in excess capacity, which combined with a stable performance and low non-proportional pricing, has fostered the development of tailored solutions for cyber portfolios, according to Gallagher Re’s 1st View April renewal report While primary rates ... Read the full article

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

2nd April 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Treesuttamas as Senior Advisor, Thailand, effective 1st April 2026. Based in Bangkok, Treesuttamas will focus on strengthening the company’s capabilities to help its Thai clients make better decisions to protect and grow their businesses. He is an industry veteran ... Read the full article

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

2nd April 2026

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Shankland as Head of Ocean Cargo, U.S. In his new role, Shankland will lead the growth of Markel's U.S. cargo portfolio, overseeing underwriting strategy, portfolio management, and broker engagement. Based in Markel’s New York office, he will work ... Read the full article