Reinsurance News
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
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
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