Reinsurance News
Gallagher Re sets $115bn–$125bn loss threshold for meaningful pricing shift
21st April 2026
A new Gallagher Re report has suggested that a single event, or a series of large events, resulting in an insured loss of $115 billion to $125 billion above expected average annual catastrophe losses, would be required to meaningfully impact the trajectory of pricing in the property re/insurance industry. The finding ... Read the full article
DOXA accelerates international expansion with UK MGU Eaton Gate acquisition
21st April 2026
DOXA, a US-based managing general underwriter (MGU) platform, has acquired the Eaton Gate Group (Eaton Gate) from European alternative credit specialist, NorthWall Capital. Founded in 2016, Eaton Gate is a founder-led, independent commercial MGU specialising in UK small to medium-sized enterprises (SMEs) commercial and mid-/high-net-worth insurance. Serving over 50,000 clients, the company ... Read the full article
AXA XL appoints Jiten Halai as Global CUO, Structured Risk Solutions
21st April 2026
AXA XL, the property and casualty and specialty risk division of AXA, has appointed Jiten Halai as Global Chief Underwriting Officer for its Structured Risk Solutions business. In this role, Halai will direct the global underwriting approach for the unit, enhancing AXA XL’s ability to deliver creative, non-traditional insurance solutions to ... Read the full article
Tokio Marine Kiln promotes Spencer and Burgess
21st April 2026
Specialist insurer Tokio Marine Kiln (TMK) has promoted Cameron Spencer and Jake Burgess to the role of Divisional Head, Fine Art & Specie. The promotions demonstrate TMK’s long-term commitment to the class of business, and follow an increase in the insurer’s maximum line size for Fine Art & Specie risks from ... Read the full article
Carbon promotes Rob Crocker and Julie Gallagher to senior underwriting roles
21st April 2026
Carbon has announced the promotions of Rob Crocker to Chief Underwriting Officer and Julie Gallagher to the role of Group Underwriting Management Director. In his new role, Crocker will oversee the firm’s consortia and its US strategy, while continuing as an Active Underwriter for Carbon Syndicate 4747. He brings more than 30 ... Read the full article
BMA reports sustained growth in alternative capital and ILS market
20th April 2026
The Bermuda Monetary Authority (BMA), the organisation responsible for regulating Bermuda’s financial services sector, has released data for Q4 2025 showing continued expansion in the island’s alternative capital and insurance-linked securities (ILS) market. According to the figures, Bermuda remains a significant global centre for alternative capital and ILS activity. By the ... Read the full article
Trade credit insurance ‘a vital enabler of global trade’ as claim values rise in 2025: LMA’s Powell
20th April 2026
While the number of global trade credit insurance claims fell 26.5% in 2025, the aggregate value rose by nearly $38 million year-on-year to $438.5 million, underscoring the importance of robust underwriting and long-term capacity to support complex transactions, according to David Powell, Head of Technical Underwriting at the Lloyd’s Market ... Read the full article
Diego Sánchez Canencia joins Howden Re Iberia as Head of Analytics
20th April 2026
Global insurance broker Howden has announced the appointment of Diego Sánchez Canencia as Head of Analytics, Howden Re Iberia, a Madrid-based role. With this appointment the company further strengthens its analytical capability in the region as the business continues to invest in its reinsurance offering in Spain and Portugal. In his new ... Read the full article
AM Specialty Insurance adds former AM Best Rating Services CEO Matt Mosher to its Board
20th April 2026
AM Specialty Insurance Group (ASIG), a global provider of specialty insurance solutions, has appointed Matt Mosher to its Board of Directors. This appointment aligns with the insurer's long-term growth plan as it continues to focus on enhancing its governance framework and aligning experienced industry leadership with its underwriting-first approach. Mosher spent nearly ... Read the full article
Canada Life Re advances structured reinsurance solutions under Japan’s new ESR framework
20th April 2026
Canada Life Re, a global reinsurer, has completed a series of tailored structured reinsurance transactions designed to support insurers adapting to Japan’s newly introduced Economic Solvency Ratio (ESR) capital regime. As one of the early participants in this space, the company has positioned itself at the forefront of helping clients respond ... Read the full article
Gallagher and Kita partner to launch risk intelligence consulting service for carbon removal projects
20th April 2026
Gallagher has partnered with Kita, the specialist carbon insurer and a Lloyd’s of London coverholder, to launch an "industry-first" risk intelligence consulting service for carbon removal projects. The partnership will reportedly deliver a new class of "holistic" risk intelligence reports, combining carbon risk analysis with business risk assessments of counterparty financials, ... Read the full article
US P&C insurance industry saw strongest underwriting results in 20 years in 2025: Fitch
20th April 2026
In 2025, the US property/casualty insurance industry delivered its strongest underwriting performance in two decades, according to a newly released report by Fitch Ratings. Last year, the sector achieved its second consecutive year of underwriting profitability after the underwriting losses seen in 2023 and 2024. “After adjusting industry investment earnings for large ... Read the full article
The Fidelis Partnership appoints Marcus Taylor as Head of Strategic Relationships
20th April 2026
The Fidelis Partnership, a specialty insurance group focused on underwriting and investment management, has announced the appointment of Marcus Taylor as Head of Strategic Relationships. Taylor joins from Aon, where he was a reinsurance broker within the Global ReSpecialty division. He brings more than 25 years of experience spanning the US, ... Read the full article
Reinsurers outperform wider market amid geopolitical and currency stress: RBC Capital Markets
20th April 2026
Reinsurers have outperformed the wider market since the start of the Iran conflict, with the sector remaining resilient as it enters Q1 2026 despite facing currency headwinds and a more competitive pricing environment, according to RBC Capital Markets. Of Europe's big four reinsurers, SCOR has reportedly been the top performer, driven ... Read the full article
Jensten restructures business units, names Birch CEO of Broking
20th April 2026
Jensten Group, a provider of insurance services in the UK, has restructured its executive leadership team and businesses into two clearly defined trading divisions: Broking, and Product & Distribution. The company has established two new C-Suite roles, namely Chief Executive Officer (CEO) of Broking, which will be taken on by Gareth ... Read the full article
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