Reinsurance News

Lincoln Financial sees strong Q2’26 with net income reaching $1.3bn

4th August 2026

Lincoln Financial, has announced its financial results for the second quarter of 2026, reporting a net income of $1.3 billion, compared to a net loss of $699 million in the same period a year earlier. In Q1’26, adjusted operating income was $439 million, up from $427 million in Q2 2025. The ... Read the full article

Radian continues transition to global multi-line specialty insurer following Inigo acquisition

4th August 2026

Radian Group Inc., a global multi-line specialty insurer, has completed the sale of its Real Estate Services business to PLACE, a real estate technology and services platform, and entered into a definitive agreement to sell its Title business to PLACE. The sale of its Title business is expected to be completed ... Read the full article

European insurers prioritising infrastructure debt and structured credit amid Solvency II changes: Novantigo

4th August 2026

Infrastructure debt has become the leading private market priority for European insurers, with 58% planning to increase allocations, according to new research from Novantigo, a financial services research, analytics and strategic consulting firm specialising in the European insurance, private markets and private wealth sectors. The findings are published in Insurance Asset ... Read the full article

Net cost of TWIA’s finalised $2.28bn reinsurance programme well under budget

4th August 2026

The Texas Windstorm Insurance Association (TWIA) has completed its 2026 risk transfer programme, securing $2.28 billion in reinsurance coverage at a net cost almost $26 million under budget, with total funding for this year's Atlantic hurricane season standing at $4.305 billion. After the TWIA Board adopted a $4.3 billion 1-in-50 ... Read the full article

Frieder Knüpling joins Supervisory Board of TransRe Europe SE

4th August 2026

Transatlantic Holdings (TransRe), the reinsurance arm of Alleghany Corporation, has appointed Frieder Knüpling to the Supervisory Board of TransRe Europe SE. Knüpling brings more than 25 years of industry experience, including extensive engagement with regulators and board experience across multiple jurisdictions worldwide. Currently, he serves as a Senior Advisor for Boston Consulting ... Read the full article

Sompo Life Re secures BMA licence and starts operations with Tetsuya Morito at helm

4th August 2026

Sompo Group has announced that its Bermuda-based subsidiary, Sompo Life Re Ltd., has officially secured a reinsurance license from the Bermuda Monetary Authority (BMA) and commenced operations, following the fulfilment of all necessary regulatory requirements. Headquartered in Bermuda with $250,000 in capital, Sompo Life Re Ltd. is led by CEO & ... Read the full article

Ignite Specialty Risk establishes Australian operations with Stormont-Sainsbury hire

4th August 2026

Ignite Specialty Risk, a provider of specialty risk insurance, has announced the establishment of its Australian operations with the appointment of Lucinda Stormont-Sainsbury as Head of Australian Operations. Based in Sydney, Stormont-Sainsbury will support Ignite's expansion in Australia and develop relationships across the local insurance, legal and advisory sectors. She brings more ... Read the full article

Spokane wildfires burn 7,000 acres, destroy 700 structures as Guy Carpenter warns of continued spread

4th August 2026

According to a new Guy Carpenter report, three major wildfires in Spokane County near Spokane, Washington, have collectively burned 7,000 acres, destroyed more than 700 structures, remain 0% contained, and are expected to continue spreading under favourable conditions, particularly later this week. All three fires were discovered on Saturday, August 1, ... Read the full article

Stephen to lead Aon Indonesia as CEO

4th August 2026

Aon, a global insurance and reinsurance broker and risk advisor, has appointed Stephen as CEO for Indonesia, effective 3 August 2026, based in Jakarta, subject to regulatory approval. In his new role, Stephen will lead Aon's business in Indonesia across Commercial Risk, Health, Talent and Wealth. He will set and execute the ... Read the full article

Bowhead Specialty’s H1’26 net income jumps 35% on premium growth and underwriting profitability

4th August 2026

Bowhead Specialty has reported H1 2026 net income of $32.1 million, up 35.3% from $23.8 million in the same period of 2025, as the specialty insurer continued to grow premiums while maintaining an underwriting profit. The firm's gross written premiums for H1 2026 climbed 26.4% year over year to $514.6 million, ... Read the full article

Allianz Partners names Carsten Staat as Regional Managing Director, APAC & MEA

4th August 2026

Allianz Partners, a provider of insurance and assistance services, has appointed Carsten Staat as Regional Managing Director for Asia Pacific, Middle East & Africa (APAC & MEA), effective August 1st, 2026. In his new role, Staat will report to Jacob Fuest, Chief Markets Officer of Allianz Partners. He succeeds Vinay Surana, ... Read the full article

RSUM’s Celerity Risk enters Financial Institutions D&O and Professional Liability

4th August 2026

Celerity Risk, a professional, management, and cyber liability solutions managing general underwriter (MGU) for wholesale brokers, has launched its directors and officers (D&O) and professional liability insurance solutions with quotes up to $5 million for financial institutions and financial services companies. Celerity Risk is part of Ryan Specialty’s underwriting management speciality, ... Read the full article

Arch was made to trade in this kind of environment, says CEO Papadopoulo

3rd August 2026

Nicolas Papadopoulo, CEO of Arch Capital Group Ltd., said last week that the current, more competitive part of the reinsurance cycle is to be expected, and despite softening in property and challenges in casualty, it is still a favourable trading environment. Arch recently posted its second quarter 2026 financial results, ... Read the full article

Everspan strengthens leadership team, appoints David Kenyon Head of Reinsurance

3rd August 2026

Everspan Group, a US specialty property and casualty insurance platform owned by Octave Specialty Group, has appointed three senior executives as the company continues to develop its leadership team in support of its long-term growth strategy. The company has confirmed that David A. Kenyon joined as Head of Reinsurance on 31 ... Read the full article

Saudi Re posts 118% rise in Q2’26 profit

3rd August 2026

Riyadh headquartered reinsurance company, Saudi Re, generated net profit after Zakat of SAR 115 million (USD 30.7m) in the second quarter of 2026, a year-on-year increase of a significant 118% from SAR 53 million (USD 14.2m) last year, driven by continued growth across the business. Over the past year, Saudi Re ... Read the full article