Reinsurance News
SterlingRisk promotes Waterman as Deputy CEO & Beres to COO
21st April 2026
Brokerage SterlingRisk has promoted Marci Waterman to Deputy Chief Executive Officer (CEO) and John S. Beres to Chief Operating Officer (COO), effective immediately. In her new role, Waterman will translate strategic vision into disciplined execution and further strengthen the firm’s leadership structure. She will continue to serve as President of Sterling ... Read the full article
Lloyd’s shifts to more competitive, capital-driven market, says Howden Re
21st April 2026
Howden Re, the reinsurance broker, has published a new syndicate analysis of the Lloyd’s of London market, pointing to a transition toward a more competitive and capital-rich environment where underwriting discipline and capital deployment are becoming the key drivers of performance. In its latest report, Howden Re says capacity continues to ... Read the full article
Fuse launches live peril dashboard for commercial insurance
21st April 2026
Fuse International, the AI-powered commercial insurance intelligence platform, has announced the general availability of Watch, a new product that plots every active US peril on a single live map, purpose-built for commercial insurance brokers and underwriters. According to Fuse, watch is organised around four views: a Peril Map plotting active events ... Read the full article
ADNIC secures regulatory approval to establish branch in India’s GIFT-City
21st April 2026
United Arab Emirates-based Abu Dhabi National Insurance Company (ADNIC), a multiline regional insurance provider, has received the license to undertake reinsurance business from GIFT City, India’s first International Financial Services Centre (IFSC) in Gujarat, effective April 1st, 2026. ADNIC Group provides insurance and reinsurance coverage worldwide with offices across the UAE, ... Read the full article
ReSource Pro appoints Michael Costonis President of Insurance Solutions
21st April 2026
ReSource Pro, a strategic operations partner serving the insurance industry, has named Michael Costonis as President of Insurance Business Services, appointed to lead the agentic process management era in insurance. He brings a wealth of experience to his new position, having spent decades advising insurers before stepping into the role of ... Read the full article
Insured losses from extreme weather jump 727% to AUD 4.8bn in 2025: ICA
21st April 2026
The latest analysis by the Insurance Council of Australia (ICA) has disclosed that extreme weather increased insured losses by 727% in 2025 to AUD 4.8 billion as claim numbers climbed to 294,000, of which over AUD 4.1 billion came from Queensland alone. The ICA’s last extreme weather media release noted 2025 ... Read the full article
Mary Driscoll joins ASR as Southern Africa Regional Lead
21st April 2026
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has announced the appointment of Mary Driscoll as Southern Africa Regional Lead. Based in Johannesburg, Driscoll will be instrumental in strengthening and integrating ASR’s direct Lloyd’s syndicate presence in South Africa, working closely with Corinne Beadsmoore, Head of Broker and Cedent Engagement. She will ... Read the full article
MS Amlin launches new sub-syndicate to help expand Portfolio Solutions division
21st April 2026
Lloyd’s global specialist re/insurer MS Amlin has launched a new sub-syndicate, s1673, to target growth opportunities and provide greater flexibility and capacity for brokers. Named after the year the Mitsui enterprise was founded in Tokyo, MS Amlin explained that s1673 is "inextricably linked" to its Lloyd’s Syndicate 2001, supported by the ... Read the full article
Swiss Re names Ziswiler as Head P&C Re Southeast Asia, India, Hong Kong, Taiwan and Korea
21st April 2026
Industry giant Swiss Re has appointed Anna Ziswiler as the Head of Property and Casualty (P&C) Reinsurance for Southeast Asia, India, Hong Kong, Taiwan and Korea, effective May 1st, 2026. In her new role, Ziswiler will be based in Singapore and become a member of the P&C Re Management Team, reporting ... Read the full article
CFC debuts agentic underwriting pilot with Lane Assist launch
21st April 2026
Specialist insurance provider CFC has launched Lane Assist, a "world‑first" pilot of agentic underwriting in specialty insurance that reportedly takes a submission from email through to a quote recommendation in seconds. "By automating data extraction and quote construction on low‑complexity submissions, agentic underwriting has the potential to significantly accelerate the journey ... Read the full article
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
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