Reinsurance News
Aviva announces rebrand of Probitas 1492 to ‘Aviva Syndicates’
19th June 2026
Aviva, the UK-based insurance, wealth and retirement group, has announced plans to rename Probitas 1492 as ‘Aviva Syndicates’, as part of the continued integration of its Lloyd’s platform into the company’s Global Corporate & Specialty (GCS) division. The new branding is expected to be introduced from the end of September, with ... Read the full article
Africa Specialty Risks appoints Keith Barrett & Yassine Asskour to underwriting roles
19th June 2026
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has announced the appointments of Keith Barrett and Yassine Asskour to underwriting roles. Barrett joins the firm as Marine Underwriter, where he will be based in London and report to Aurelien Sauty, Head of Aviation & Marine. He brings more than 40 years of ... Read the full article
Malaysian Re & China Re Life sign reinsurance treaty for Cancer Precision Medicine coverage
19th June 2026
Malaysian Reinsurance Berhad (Malaysian Re), Malaysia’s national reinsurer, and China Reinsurance Life Insurance Company Limited (China Re Life), a life and health reinsurer, have signed a landmark reinsurance treaty to support a dedicated framework for Cancer Precision Medicine (CPM) treatment coverage in Malaysia. This marks Malaysia’s first reinsurance framework for advanced ... Read the full article
Onchain protocol Re secures strategic investment from Coinbase Ventures
18th June 2026
Re, the onchain protocol connecting real-world reinsurance capital with decentralised finance, has secured a strategic investment from Coinbase Ventures, the venture arm of Coinbase, to accelerate its mission of bringing reinsurance capital onchain and opening one of the world's largest, most traditional financial markets to a broader pool of investors. Re ... Read the full article
HDI Global US appoints Jill Salmon as Head of Cyber Underwriting
18th June 2026
HDI Global (HDI), a Corporate and Specialty Lines insurer, has announced the appointment of Jill Salmon as Head of Cyber Underwriting at HDI Global US. In her new role, Salmon will play a key role in advancing HDI’s underwriting platform, enhancing value for clients and broker partners through high-quality, reliable insurance ... Read the full article
Allstate sees May cat losses ease to $289m after active April
18th June 2026
The Allstate Corporation has estimated catastrophe losses of $289 million pre-tax ($228 million after-tax) for May 2026, bringing its combined catastrophe losses for April and May to $1.16 billion pre-tax ($915 million after-tax). The May 2026 catastrophe losses represent a significant slowdown from April, which came in at $870 million ... Read the full article
MSIG USA names Phillip Rhodes as Head of Global Insurance Programs
18th June 2026
MSIG USA, the US insurance arm of global insurer MS&AD Insurance Group Holdings, has appointed Phillip Rhodes as Head of Global Insurance Programs. In his new role, Rhodes will lead the insurer's global insurance program strategy and development efforts, enhancing the solutions and service for clients with international operations. He has over ... Read the full article
Insurer innovation could lead to faster DB risk transfer wind-up: Hymans Robertson
18th June 2026
Hymans Robertson, a UK-based pensions and financial services consultancy, said it expects increased innovation from insurers to lead to the faster wind up of DB pensions schemes following risk transfer transactions. In a recent paper, Hymans Robertson argues that insurer-led data and GMP work, investment in digital capabilities and improved processes ... Read the full article
Marie Biggas named Deputy CEO of SCOR Business Solutions
18th June 2026
SCOR, the French-based global reinsurance group, has revealed that Marie Biggas has been appointed Deputy Chief Executive Officer (CEO) of SCOR Business Solutions on an interim basis, ahead of fully stepping into the role on January 1st, 2027. Biggas currently serves as the Global Chief Underwriting Officer (CUO) of SCOR ... Read the full article
US major hurricane landfall risk falls in 2026 outlook, but remains ‘far from negligible’: MS Amlin
18th June 2026
New analysis from insurer MS Amlin has suggested that there is a 27% probability of at least one Category 4 or Category 5 hurricane making landfall during the 2026 season, down from 39% a year ago, as strengthening El Niño conditions suppress Atlantic storm activity. Sam Phibbs, MS Amlin’s Head of ... Read the full article
Jeanmarie Giordano joins AXA XL to lead global underwriting strategy
18th June 2026
AXA XL, the property, casualty and specialty risk division of AXA, has appointed Jeanmarie Giordano as Global Chief Underwriting Officer, succeeding Libby Benet, who has been appointed Chief Executive Officer of AXA XL Risk Advisory, its new business unit dedicated to prevention. Giordano joins AXA XL from Everest, where she most ... Read the full article
Fortegra appoints Anthony Katz as Senior Vice President, Reserving
18th June 2026
The Fortegra Group, a global specialty insurer and part of DB Insurance Co., Ltd., has appointed Anthony Katz as Senior Vice President (SVP), Reserving. In his new role, Katz will lead Fortegra’s team of professional actuaries, and is responsible for reserving, credit insurance, statistical reporting, and key initiatives, including IFRS 17. He ... Read the full article
Canada Life completes £55m buy-in transaction with energy industry pension scheme
18th June 2026
Canada Life has completed a £55 million buy-in transaction with an energy industry pension scheme, which secures the future benefits for more than 250 pensioners and 450 deferred members. Katie Sokolowski, Business Development Lead, Bulk Purchase Annuities at Canada Life, said that the firm is pleased to support the Trustees in ... Read the full article
Sompo adds MacHale as CUO & Head of Strategy, International Markets
18th June 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has appointed Henry MacHale as Chief Underwriting Officer (CUO) and Head of Strategy for its International Markets insurance business. He will be based in London and report to Alessa Quane, Chief Executive Officer, International Markets for Sompo. In his ... Read the full article
AXA XL adds Swiss Re CorSo’s Allen Kwan as Head of Broker Management, US
18th June 2026
AXA XL, the property, casualty and specialty risk division of French insurer AXA, has appointed Allen Kwan as Head of Broker Management within its US broker management team. He will be based in New York and reports to Liz Rychling, Head of Broker Relations, Large Commercial and Mid-Market, in the Americas ... Read the full article
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