Reinsurance News
Jury verdicts against Meta and Google spotlight evolution of liability risk
30th March 2026
Two recent jury verdicts against Meta and Google are drawing attention as early signals of evolving liability risks, according to a new Moody’s report. In separate cases, juries found the companies liable under claims that certain harms were linked to software platforms engineered to maximise user engagement. Moody’s stressed that the ... Read the full article
Reinsurance at the forefront as Iran conflict drives global energy shock: Peak Re
30th March 2026
In a recent analysis from Peak Re, the Hong Kong-based global reinsurer, the company set out its assessment of the economic and re/insurance market implications of the Iran conflict, with analysis led by Vice President, Economist, Kritika Kashyap. Peak Re frame the situation not simply as a geopolitical crisis, but as ... Read the full article
Barrowclough to oversee PFI’s Bermuda platforms as President
30th March 2026
Joseph Barrowclough has been appointed President of Bermuda Reinsurance at US insurance and investment firm Prudential Financial Inc. (PFI), overseeing Gibraltar Re and Lotus Re. Gibraltar Re and Lotus Re are Bermuda-based reinsurance companies and wholly-owned subsidiaries of PFI. They act as internal reinsurers, focusing on managing capital efficiency for affiliated Prudential ... Read the full article
Bruce Swain to lead Crawford & Company as President and CEO
30th March 2026
The Board of Directors of Crawford & Company, a global provider of claims management and outsourcing solutions to insurance companies and self‐insured entities, has appointed W. Bruce Swain, Jr. as President and Chief Executive Officer (CEO), effective immediately. Since January 1st, 2026, Swain has served in the dual position of interim, ... Read the full article
WTW announces leadership and regional structure changes to EMEA operations
30th March 2026
WTW, a global advisory, broking and solutions company, has announced structural changes to the EMEA regional operations of its Insurance Consulting and Technology business, with the establishment of dedicated EMEA P&C and EMEA Life businesses. The restructure responds to technological disruption and client demand, aiming to enable deeper expertise, more consistent ... Read the full article
Gen Re appoints Charles Lawson & Erin Kang to Treaty leadership roles
30th March 2026
Gen Re, the global reinsurance subsidiary of Berkshire Hathaway, has announced the appointments of Charles Lawson as Head of North America P&C – Treaty and Erin Kang as Chief Underwriter – North America P&C Treaty. In his newly created role, Lawson will oversee Gen Re’s three North America Property & Casualty ... Read the full article
Odyssey unveils refreshed brand identity to mark 30 years as a Fairfax company
30th March 2026
Odyssey Group has unveiled a refreshed brand identity aligning its Hudson and Newline brands with OdysseyRe and Odyssey Group, reflecting the firm's collective strength and long-standing values. Odyssey’s subsidiary brands, Hudson Insurance Group and Newline Group, have adopted the wave symbol, which the firm said has been synonymous with its brand ... Read the full article
Niyam becomes first IIO to offer Lloyd’s capacity from GIFT City
30th March 2026
Niyam Group has received authorisation to operate as a Tier 2 Insurance Intermediary Office (IIO) in GIFT City, with Sumit Aneja appointed as Principal Officer. The company was launched in January this year by Bobby Swarup, an insurance industry veteran with more than two decades of experience. Niyam is an Indian ... Read the full article
Simon Global Insurance Group establishes Lloyd’s Coverholder MGA, Specialty X Global
30th March 2026
Newly established managing general agent (MGA), SXG Underwriting Limited (Specialty X Global), has been launched by Simon Global Insurance Group, while being approved as a Lloyd's coverholder. Specialty X Global is based in Hong Kong, and as an approved Lloyd's coverholder, has the authority to underwrite specialty risks on behalf of ... Read the full article
Climative introduces insurance platform to turn climate risk insight into practical action
30th March 2026
Climative, a property-level climate intelligence firm, has introduced a new insurance-focused platform aimed at helping insurers communicate climate risk to homeowners in a clearer and more practical way. The company, which specialises in translating complex environmental data into property-specific insights, says the platform is designed to support both insurers and homeowners ... Read the full article
Oliver Wyman appoints Helen Leis as Global Head of Leadership and Change
30th March 2026
Oliver Wyman, a management consulting firm and part of Marsh, has appointed Helen Leis to the newly created role of Global Head of Leadership and Change, to guide clients through uncertainty and complex transformations. Leis steps into the new role in addition to continuing as Co-Head of M&A Americas. She will now ... Read the full article
Converge gets additional cyber insurance capacity from Lloyd’s
30th March 2026
Converge, a company specialising in cyber risk management and underwriting, has secured additional underwriting capacity from Lloyd's, the world's oldest insurance and reinsurance marketplace, for companies with annual revenues up to $5 billion. Simultaneously, existing capacity partner, Obsidian Insurance Group, has increased its capacity threshold from $1 billion to $5 billion ... Read the full article
Arch Insurance UK Regional Division name Tinworth Senior P&C Underwriter
30th March 2026
Henry Tinworth has joined Arch Insurance UK Regional Division as Senior Property & Casualty Underwriter, effective immediately, based in Leeds. In his new role, Tinworth will leverage his 10 years of UK insurance marketexperience to drive new business development across the property and casualty portfolio with a regional focus on the ... Read the full article
AM Best upgrades Ocean Re’s credit ratings
30th March 2026
Ocean International Reinsurance Company Limited (Ocean Re) has had its Financial Strength Rating upgraded to A (Excellent) from A- (Excellent) and its Long-Term Issuer Credit Rating upgraded to “a” (Excellent) from “a-” (Excellent) by AM Best, with the outlook of these ratings revised to stable from positive. AM Best notes that ... Read the full article
Swiss Re flags accumulation risk in data centres as key underwriting challenge
27th March 2026
The data centre industry is evolving into increasingly complex, high-energy-density facilities that concentrate risks within single sites, with underwriting success depending not only on capacity, but also on specialised technical assessment and disciplined accumulation management, according to a recent report by the Swiss Re Institute. Swiss Re highlighted that data centres ... Read the full article
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