Reinsurance News

BMS’ Bellingham joins Consilium International Casualty Risk Solutions team

16th June 2026

Global specialty re/insurance broker Consilium has announced the appointment of Olivia Bellingham as Partner within its International Casualty Risk Solutions team. Bellingham, who has 12 years of market experience, is joining the company from BMS, where she most recently served as International Life Sciences and Casualty Insurance ... Read the full article

Descartes Underwriting secures Lloyd’s coverholder status through agreement with OAK Global

16th June 2026

Descartes Underwriting, a global provider of parametric insurance solutions, and OAK Global, a specialist risk and underwriting partner, have announced that Descartes has been granted Coverholder status at Lloyd’s, the world's oldest insurance and reinsurance marketplace. Under a newly established binding authority agreement, Descartes Underwriting will write business through OAK Global’s ... Read the full article

Guy Carpenter strengthens Nordic & Baltic team with four senior hires

16th June 2026

Guy Carpenter, the reinsurance broking arm of Marsh, has announced four senior appointments to its Nordic and Baltic team, including Samir Baha as Deputy Chief Executive Officer. Baha brings more than two decades of industry experience. He joins Guy Carpenter from Howden Re, where he most recently served as Managing Director. ... Read the full article

Fitch assigns Bermuda-based Verdant Rock BBB+ IFS rating with stable outlook

16th June 2026

Verdant Rock Limited, a Bermuda-based insurance company regulated by the Bermuda Monetary Authority, has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings. According to the credit rating agency, the ratings reflect Verdant Rock's strong initial capitalisation and prudent financial profile, balanced against execution risks ... Read the full article

Juan Naveda to lead Dynamic Re as CEO, London

15th June 2026

Dynamic Reinsurance, a firm specialising in tailored reinsurance risk transfer solutions, has appointed Juan Naveda as Chief Executive Officer (CEO), London. Naveda has over three decades of insurance and reinsurance industry experience, and brings extensive expertise and strong relationships across the London market. His experience includes structuring complex reinsurance programs, managing strategic ... Read the full article

Hippo Holdings names Laura Boettcher as Chief Operating Officer for group-wide operations

15th June 2026

Hippo Holdings Inc., the US-based parent company of Hippo Insurance, has announced the promotion of Laura Boettcher, ARe, to Chief Operating Officer. The company stated that her role now extends across the entire group, with responsibility for overseeing operations at a consolidated level while continuing to support an operational approach centred ... Read the full article

Data centre boom opens ‘considerable opportunity’ for US P&C insurers: AM Best

15th June 2026

A new AM Best report has suggested that the growing proliferation of data centre projects presents a "considerable opportunity" for the U.S. property & casualty (P&C) insurance industry to develop innovative new property and liability coverages amid increasing demand. According to the report, data centre developers are "adamant" that the infrastructure ... Read the full article

Sixfold introduces AI underwriter to support insurance underwriting decisions

15th June 2026

Sixfold, a provider of artificial intelligence solutions for the insurance industry, has announced the launch of its AI Underwriter, a new technology platform designed to assist insurers with underwriting analysis, risk assessment and decision support throughout the submission process. The launch follows Sixfold’s $30 million Series B funding round announced earlier ... Read the full article

Industry veteran Michael Watson joins ASIG Board of Directors

15th June 2026

AM Specialty Insurance Group (ASIG), an Excess and Surplus (E&S) carrier and global provider of niche commercial re/insurance solutions, has announced the appointment of Michael Watson to its Board of Directors. With a career in financial services spanning more than 45 years, Watson has held prominent roles in London, New York, ... Read the full article

Novus strengthens underwriting capability with Mark Noble appointment

15th June 2026

Novus Underwriting, the specialist global wholesale warranty and affinity MGA, has further strengthened its underwriting capability with the appointment of Mark Noble. Noble brings five years of industry experience, with expertise across a range of consumer protection insurance products, particularly Accident, Sickness & Unemployment insurance. He has a strong understanding of the ... Read the full article

Resilience reports $1bn reduction in cyber loss exposure as edge platform reaches three-year milestone

15th June 2026

Resilience, a cyber risk solution company, has announced the third anniversary of its Edge cyber risk management platform. The company reports that organisations using Edge have collectively reduced extreme cyber loss exposure by more than $1 billion between 2023 and 2026, during a period in which its customer base has grown ... Read the full article

DEVK reinsurance premiums written rise 3.2% to €1.41bn in 2025

15th June 2026

The DEVK Group’s reinsurance business continued to grow in 2025, with premiums written from non-group business (DEVK RE and Echo Re) increasing 3.2% year over year to EUR 1.41 billion. The number of clients in its reinsurance business rose to 1,057 from 998 the previous year, spanning 132 countries. DEVK reported that ... Read the full article

Marsh Risk launches cyber policy endorsement framework

15th June 2026

Marsh Risk, a business of Marsh, has announced the launch of a cyber policy endorsement framework designed to accelerate clients’ access to funds following a cyber incident. Through the framework, Marsh has negotiated bespoke accelerated payment endorsements with cyber insurers AIG, Beazley, Canopius, CFC, and QBE. Marsh has also embedded new policy ... Read the full article

Will Moss joins QBE Re as Head of Marine, Energy & Aviation, London

15th June 2026

QBE Re, the reinsurance division of global insurance group QBE, has announced the appointment of Will Moss as its Head of Marine, Energy & Aviation, London. He is succeeding Shane Lawlor, who was appointed Executive Director, Global Specialty for QBE Re in 2025. In his new position, Moss will be responsible for ... Read the full article

World Bank approves $400m Morocco program to expand finance for climate, disaster, and cyber risks

15th June 2026

The World Bank's Board of Directors has approved the $400 million Morocco Climate & Risk Finance Program, aimed at strengthening Morocco's financial resilience to climate, disaster, and cyber risks, while helping to unlock private capital for the country's climate infrastructure development. According to the World Bank, the program will develop disaster ... Read the full article