Reinsurance News
Record buyout conversions fail to reduce growing insurer backlog: Barnett Waddingham
15th April 2026
Independent professional services consultancy Barnett Waddingham (BW) has released findings from its 2026 survey of all 11 active bulk annuity insurers, indicating that although buyout volumes have reached new highs, the overall pipeline of schemes awaiting completion continues to expand. Barnett Waddingham reports that close to 160 defined benefit (DB) pension ... Read the full article
Kenrick Law appointed as Head of Underwriting & Branch Manager, Berkley Re Asia
15th April 2026
Insurance holding company W. R. Berkley Corporation has appointed Kenrick Law as the Head of Underwriting and Branch Manager of Berkley Re Asia, effective June 2026. Law has over 25 years of industry experience and is based in Singapore. For the last 12 years, he has served as the Regional Chief Executive ... Read the full article
New Mountain CEO outlines long-term vision to build diversified, multi-line reinsurance platform
15th April 2026
Steve Klinsky, CEO and founder of New York-headquartered New Mountain, said the launch of VictoryRe and NovaRe underscores the firm’s conviction in the specialty insurance sector, with plans to expand over time into complementary areas of the insurance and reinsurance market. VictoryRe, a newly established reinsurance platform, marks New Mountain's entry ... Read the full article
Willis Re appoints Chris Eaton to aviation reinsurance team
15th April 2026
Willis Re, a global reinsurance brokerage that provides risk transfer solutions and advisory services to insurers, has announced the appointment of Chris Eaton to its aviation reinsurance team. Eaton brings more than 30 years of experience in the aviation reinsurance sector, with a background spanning claims, technical wordings and account management. He ... Read the full article
Millions of California homeowners face flood risk as only 1.4% of properties insured: Neptune Flood
15th April 2026
California faces one of the largest flood insurance coverage gaps in the US, according to a recent Neptune Flood report, which revealed that while 2.3 million properties in the state are expected to face flood risk over the next 30 years, only 1.4% currently hold residential flood insurance. The report, by ... Read the full article
Vienna Insurance Group confirms board changes across key subsidiaries
15th April 2026
Vienna Insurance Group, an Austria-based insurance group operating across Central and Eastern Europe, has approved a series of changes to the leadership teams of the Group and its subsidiaries, Wiener Städtische Versicherung and DONAU Versicherung. The decisions were taken at Supervisory Board meetings held on 14 April, with all appointments and ... Read the full article
Insurance claims decline further in 2025 as losses grow more complex, Verisk reports
15th April 2026
A report from Verisk, a data analytics and technology provider to the insurance industry, based on data from its ClaimSearch platform, shows that insurance claims continued to fall in 2025, although the risks underpinning those claims became more concentrated and harder to manage, contributing to more severe and prolonged losses. Claims ... Read the full article
Xceedance hires Swapna Allapur as CPO to drive people strategy for AI-enabled insurance
15th April 2026
Xceedance, a global provider of technology-driven business solutions for the insurance industry, has announced the appointment of Swapna Allapur as Chief People Officer. In this role, Allapur will lead the company’s global people strategy, focusing on building workforce readiness, enabling large-scale transformation, and strengthening organisational capabilities to help insurers adopt new ... Read the full article
Florida-based Olympus launches inaugural $120m cat bond
15th April 2026
Florida-based homeowners insurance specialist Olympus Insurance has entered the catastrophe bond market for the first time, completing a $120 million multi-year issuance through the newly established Abacab Re Ltd. that provides capital markets-backed reinsurance protection against Florida named storm risk. Initially launched at $100 million in size, with a price guidance ... Read the full article
RiverStone positioned to pursue new acquisitions after strong 2025 results
15th April 2026
RiverStone International delivered record investment income and maintained strong capital levels in 2025, positioning the group to pursue new acquisition opportunities in 2026. RiverStone's total profit before tax rose to $295 million in 2025 from $287 million in 2024, supported by record investment income of $275 million. RiverStone said its investment portfolio ... Read the full article
APAC non-life insurers maintain strong credit positions in global comparison: Fitch
15th April 2026
Fitch Ratings, the credit rating agency, has reported that non-life insurers in the Asia-Pacific (APAC) region continue to exhibit strong credit fundamentals relative to their international peers. In its latest peer analysis, Fitch Ratings compares key credit characteristics of major APAC non-life insurers with large global operators and selected firms across ... Read the full article
Marsh appoints Janelle Griffith as Global Logistics Practice Leader
15th April 2026
Marsh, a global firm specialising in risk, reinsurance, capital solutions, and management consulting, has announced the appointment of Janelle Griffith as Global Logistics Practice Leader within Marsh Risk. In this newly established position, Griffith will lead the company’s global logistics strategy, bringing together data-driven insights, advanced analytics, and risk transfer expertise ... Read the full article
Specialist Risk Group promotes Rosalan as Partner and Head of Business, Asia
15th April 2026
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has promoted Halim Rosalan to the newly created role of Head of Business, Asia, effective April 13th, 2026. In his new role, Rosalan will oversee business development, benefits solutions, corporate risk solutions, facultative reinsurance, claims, and, in the ... Read the full article
Aegon agrees £2bn sale of UK business to Standard Life
15th April 2026
Aegon, an international life insurance, pensions and asset management group headquartered in the Netherlands, has agreed to sell its UK operations to Standard Life plc in a transaction valued at £2.0 billion. The deal brings to a close Aegon’s strategic review of its UK business and supports its stated aim of ... Read the full article
Hamilton launches casualty reinsurance sidecar backed by Sixth Street
15th April 2026
Hamilton Insurance Group, a Bermuda-based underwriting and insurance platform focused on specialty insurance and reinsurance, has established a reinsurance sidecar to support capacity within its casualty reinsurance portfolio. The structure is expected to operate over multiple years, with total ceded premiums estimated at approximately $300 million across its lifespan. Investment capital ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
