Reinsurance News
Andy Desmond to lead Aon construction for Commercial Risk in UK
17th June 2026
Global professional services firm Aon has announced the appointment of Andy Desmond as head of construction for Commercial Risk in the UK, effective 1 July 2026. Bringing over 25 years of experience in both client-side and brokerage roles, Desmond will lead Aon's UK construction practice, tasked with advancing the firm's capabilities ... Read the full article
IUA/Airmic report calls for shift to outcome-based insurance to close protection gaps
17th June 2026
A new report published jointly by the International Underwriting Association (IUA) and Airmic is pushing the insurance market toward outcome-based policy structures in an effort to close widening protection gaps. The report was produced as the result of a series of roundtables held with Airmic and IUA members, with KPMG as ... Read the full article
Gallagher appoints Vullo and Hubbard as CEOs in its Specialty division
17th June 2026
Gallagher, a global insurance brokerage, risk management, and consulting firm, has appointed Alex Vullo and Mark Hubbard as Chief Executive Officers (CEOs) of Marine and Fine Art & Specie, and Property & Special Risks, respectively. Both appointments are within the broker’s Specialty division and will report to Sarah Lyons, CEO of ... Read the full article
RLI promotes Kevin Brownell to Vice President, Claim
17th June 2026
Specialty insurer RLI Corp. has announced the promotion of Kevin Brownell to Vice President, Claim. In his new role, Brownell will provide executive leadership and oversight of RLI's Casualty claim operations. He brings more than 25 years of insurance claims and legal experience to the position. Brownell joined RLI in 2018 as Claim ... Read the full article
AM Best affirms Vantage Risk’s A- rating post Howard Hughes acquisition
17th June 2026
Credit ratings agency AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Vantage Risk Ltd. (Bermuda) and its affiliates, effectively removing the firm from under review with developing implications after its recent acquisition by Howard Hughes ... Read the full article
Aon sees no immediate shift in insurer appetite following Iran-US agreement
17th June 2026
David Kinzel, Political Risk U.S. Practice Leader at Aon, suggested that although the U.S. and Iran have reached an agreement to halt their military conflict, uncertainty surrounding the deal's terms is likely to prevent any material improvement in risk appetite for the sector in the near term. On Wednesday, June 17, ... Read the full article
Robert Cooper joins MNK International to lead Aquaculture, Livestock and Bloodstock expansion
17th June 2026
MNK International, a specialist Lloyd’s of London insurance broker and part of MNK Group, has appointed Robert Cooper as Managing Director – Aquaculture, Livestock & Bloodstock as the company continues to expand its global agricultural and specialty insurance portfolio. Based in London, Cooper has joined MNK International with responsibility for developing ... Read the full article
Aon UK risk settlement team reaches £100bn milestone across three business areas
17th June 2026
Global professional services firm Aon’s risk settlement team has reached £100 billion in total transactions across three areas of its business, including bulk annuity business placed, longevity reinsurance business placed and transactions where Aon has provided insurer due diligence advice. According to Martin Bird, senior partner and UK head of risk ... Read the full article
Hitesh Joshi appointed GIC Re Chairman and Managing Director
17th June 2026
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has appointed Hitesh Rameshchandra Joshi as Chairman-cum-Managing Director (CMD), effective June 16th, 2026, a role he had held in an interim capacity since October 1st, 2025. The reinsurer notified the country's Ministry of Finance that the appointment has ... Read the full article
CRC Group appoints Bethany Greenwood as CEO of Underwriting Division
17th June 2026
CRC Group, a specialty insurance distributor, has announced the appointment of experienced insurance and reinsurance professional, Bethany Greenwood, as Chief Executive Officer (CEO) of its Underwriting Division. Greenwood joins the role with more than 25 years of leadership experience across the specialty insurance sector, covering brokerage, underwriting and executive management. She was ... Read the full article
Moonrock Insurance strengthens underwriting team with appointment of Alex Seymour
17th June 2026
Moonrock Insurance, a specialist managing general agent (MGA) providing insurance solutions for unmanned aviation, drones and advanced air mobility, has appointed Alex Seymour as Senior Underwriter as the company continues to broaden its underwriting capabilities and support its international growth strategy. Seymour brings more than 30 years of experience in aviation ... Read the full article
Zurich and YAS launch embedded insurance for robots in Hong Kong
17th June 2026
Zurich Insurance (Hong Kong), part of Zurich Insurance Group, has collaborated with YAS Insurance, a data and AI risk technology company, to promote the use of AI and robotics in Hong Kong through an embedded insurance solution. Under the partnership, Zurich will develop bespoke micro-insurance products for robots and embed coverage ... Read the full article
Augment Risk adds Brad Livingston as Partner to expand ILS offering
17th June 2026
Augment Risk, a reinsurance and capital solutions broker, has appointed Brad Livingston as Partner to expand its insurance-linked securities (ILS) offering. In his new role, Livingston will be based in Nashville, and report directly to Thad Hall, Head of ILS solutions at the firm. He has over 18 years of industry experience, ... Read the full article
Aon’s new AI platform to help insurers rapidly assess exclusions in reinsurance contracts
16th June 2026
Aon, a major global professional services and consulting firm, has launched a new artificial intelligence (AI) platform, Contract AI, designed to enhance contract certainty through the rapid analysis of reinsurance coverage. Contract AI interrogates Aon’s entire U.S. and Canada contract database from the past three years in real-time to identify global ... Read the full article
Guy Carpenter appoints Connie Tregidga as MD in Global Structured Solutions
16th June 2026
Guy Carpenter, a Marsh business, has announced the appointment of Connie Tregidga as Managing Director within its Global Structured Solutions team. Based in London, she will focus on legacy transactions and sidecar activity, areas that Guy Carpenter identifies as becoming increasingly important within the reinsurance and structured solutions market. Tregidga’s appointment further ... Read the full article
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