Reinsurance News
Duck Creek introduces multi-country layer enhancements as part of global expansion
12th June 2026
Duck Creek Technologies, a provider of software for the property and casualty insurance industry, has announced the expansion of its global platform strategy and support for insurers operating across international markets. Building on its commitment to help carriers scale globally, Duck Creek introduced enhancements to its Multi-Country Layer architecture and announced ... Read the full article
Blake Gleeson joins Gallagher Australia as Chief Client Officer
12th June 2026
Blake Gleeson has been appointed to the newly created role of Chief Client Officer for Gallagher Australia, based in Perth, effective June 1, 2026. Gleeson will leverage his three decades of industry experience to help strengthen client experience and deliver greater consistency across sectors as the business continues to grow nationally. Gleeson ... Read the full article
US commercial insurance rates up 2.5% in Q1’26 amid softening trends: WTW
11th June 2026
According to global insurance and reinsurance broker WTW's latest Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance rates across the US increased 2.5% in the first quarter of 2026, the third consecutive quarter of moderating rate rises. Year-on-year, US commercial insurance rates fell from the aggregate price increase of 5.3% seen ... Read the full article
Lauren Pratscher joins Aon as Middle Market Chief Broking Officer
11th June 2026
Aon, a global re/insurance broker and risk advisor, has announced the appointment of Lauren Pratscher as Chief Broking Officer for the company’s Middle Market P&C broking operation. Pratscher brings over two decades of industry experience to her new position, having most recently served as Head of Casualty Placement at Newfront - ... Read the full article
DXC to leverage Anthropic’s Claude for mission-critical enterprise systems
11th June 2026
DXC Technology, a global technology firm with a specialism in insurance and reinsurance, has entered into a multi-year global partnership with Anthropic, an artificial intelligence (AI) safety company and creator of Claude. Through this joint initiative, DXC has become one of the few Global Premier partners in the Claude Partner Network, ... Read the full article
AXIS appoints new senior underwriter in US healthcare reinsurance
11th June 2026
AXIS, a global specialty insurer and reinsurer, has appointed Brian Scott as Senior Underwriter within its US Healthcare Reinsurance team. Scott joins AXIS with close to twenty years of experience across the healthcare sector, having previously held roles at RGA Reinsurance, Voya Financial, Point6 Healthcare and Lockton Companies. He has an extensive ... Read the full article
Lockton’s revenue rises 12% as reinsurance business continues strong trajectory
11th June 2026
Lockton, an independent insurance broker, has reported a 12% year-over-year increase in global revenue to approximately $4.5 billion for fiscal year 2026, with continued strong growth at Lockton Re, the firm’s global reinsurance business. The firm noted that the revenue increase included 11% organic growth, marking Lockton's sixth consecutive year of ... Read the full article
Lancashire Insurance US expands product portfolio, announces new appointments
11th June 2026
Lancashire Insurance US has announced three new appointments alongside the expansion of its product portfolio with three new classes of business: financial, inland marine, and environmental liability. These new products double the operation’s underwriting offering and complement the existing classes of energy casualty, property, and general casualty. Jason Rubman, who brings 25 ... Read the full article
Fortitude Re completes second $500m FABN issuance
11th June 2026
FGH Parent, L.P. (together with its subsidiaries, Fortitude Re), a global reinsurance company, has announced that Fortitude Life Insurance & Annuity Company (FLIAC) has completed its second funding agreement-backed notes (FABN) offering to institutional investors. Fortitude Re entered the funding agreement-backed notes market in October 2025 with an inaugural $500 ... Read the full article
Oxbridge Re’s SurancePlus to launch tokenised reinsurance securities on Solana with HCI Group’s Fortex Re program
11th June 2026
Oxbridge Re, a leader in digitising reinsurance securities as tokenised real-world assets (RWAs), together with its subsidiary SurancePlus, has agreed with HCI Group, Inc. to launch three tokenised reinsurance securities that provide synthetic contractual returns and catastrophe exposures based on the outcome of reinsurance contracts underwritten by HCI’s reinsurance subsidiary, ... Read the full article
BMS launches Lloyd’s Consortia & Delegated Authority team led by Richard Wynn
11th June 2026
BMS Group, an independent global insurance and reinsurance broker, has launched a new cross-team unit focused on the broking and servicing of Lloyd’s market consortia, led by Richard Wynn, as Managing Director of Delegated Authority & Consortia. The newly established unit will draw on BMS’s operational expertise in delegated authority structures ... Read the full article
Tokio Marine Kiln appoints Georgina Rennie as Head of Political Violence & Terrorism
11th June 2026
Tokio Marine Kiln (TMK), an international specialty insurer, has announced the appointment of Georgina Rennie as Head of Political Violence and Terrorism (PVT). In her new role, Rennie will be responsible for leading the strategic development and underwriting performance of the company's PVT portfolio across London and Singapore. She will report ... Read the full article
Intense insurer competition pushes UK DB buy-in pricing to record levels, LCP reports
11th June 2026
Lane Clark & Peacock (LCP), a UK pensions, actuarial and investment advisory consultancy, has reported that strong competition among insurers has driven UK defined benefit pension scheme buy-in pricing to record levels, according to its latest pension risk transfer market update. LCP attributes the development to insurer capacity remaining at historically ... Read the full article
Pacific Life Re welcomes industry veteran Durousseau as Head of Capital Solutions, Europe
11th June 2026
Pacific Life Re, a provider of life and health reinsurance solutions, has announced the appointment of Florence Durousseau as Head of Capital Solutions, Europe. This strategic hire enhances Pacific Life Re’s capacity to provide insurers with solutions designed to improve capital efficiency, reduce balance sheet volatility, and enable sustainable growth. Michelle Moloney, ... Read the full article
Guy Carpenter appoints parametric specialist Rowan Minhas to emerging risk solutions team
11th June 2026
Guy Carpenter, the reinsurance broking arm of Marsh, has appointed Rowan Minhas to its Emerging Risk Solutions team, where he will focus on parametric reinsurance. Minhas joins Guy Carpenter after nearly four years with Miller Insurance Services LLP, where he most recently served as an Account Handler/Broker within the firm's Parametric ... Read the full article
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