Reinsurance News
Gallagher acquires UK Bridge Insurance Brokers Limited
17th April 2026
Gallagher has announced it has acquired Bridge Insurance Brokers Limited in the UK, a move that expands its real estate and construction capabilities. The acquisition has already received regulatory approval. Terms of the transaction were not disclosed. Bridge, established in 1970, is a family-owned commercial insurance broker specialising in real ... Read the full article
Allstate estimates $1.24bn Q1’26 cat losses with March contributing $925m
17th April 2026
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has announced its estimated catastrophe losses for the first quarter of 2026, totalling $1.24 billion, or $980 million, after-tax. While the figure represents a significant impact from severe weather events, it marks a significant improvement over Read the full article
AI adoption & governance accelerate across Lloyd’s market: LMA
17th April 2026
The Lloyd’s Market Association (LMA), in collaboration with Barnett Waddingham and the LMA Risk Next Generation Committee, has published a survey finding that artificial intelligence (AI) is now used across much of the Lloyd’s market, with 93% of firms having or developing formal AI frameworks to support adoption. The survey is ... Read the full article
AI12 appoints Joseph Barness as Head of Marine Lines
17th April 2026
Dubai International Financial Centre (DIFC) headquartered specialist insurance and reinsurance broker, AI12 Limited, has named Joseph Barness as Head of Marine, expanding its global specialty practice. In his new role, Barness will lead the broker’s marine lines unit across hull & machinery, marine cargo, protection & indemnity (P&I) and associated marine ... Read the full article
NFP expands flood risk services and appoints national practice leader
17th April 2026
NFP, an Aon company and a property and casualty broker and benefits consultant, has introduced a dedicated Flood Practice for its Personal Risk clients, and named Dana Sutton as its national leader for the practice. Sutton, who serves as a vice president at NFP, has over 15 years of experience working ... Read the full article
AXIS appoints Aditya Dongre as Property Underwriting Practice Leader, Canada
17th April 2026
Bermuda-based insurer and reinsurer AXIS Capital has announced the appointment of Aditya Dongre as Property Underwriting Practice Leader, Canada. In his new role, Dongre will be based in AXIS’ Toronto office, where he will play a key role in guiding underwriting direction, working closely with brokers and colleagues to support thoughtful ... Read the full article
Capgemini report finds physical AI expected to scale within five years despite deployment barriers
16th April 2026
Capgemini Research Institute, the research division of the Capgemini, has published the report Physical AI: Taking human-robot collaboration to the next level, examining how advances in artificial intelligence are shaping robotics and the potential business value that may result. The report describes physical AI as a transition from traditional automation towards systems ... Read the full article
Beazley plans new Marine War insurance consortium to expand market capacity
16th April 2026
Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance consortium aimed at increasing available coverage within the market. The initiative is expected to provide up to $1 billion in Lloyd’s capacity, split evenly between Hull War and Cargo War risks. This offering is intended to ... Read the full article
Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds
16th April 2026
John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking group Marsh, said today that while 2026 is unlikely to be Guy Carpenter's best growth year, he is "pleased" with the reinsurance broker's execution in the first quarter in spite of current headwinds. Guy Carpenter recorded ... Read the full article
Daniel England to serve as Aon’s Head of Casualty Treaty, APAC for Reinsurance
16th April 2026
Insurance and reinsurance broking firm Aon has appointed Daniel England as Head of Casualty Treaty for Asia Pacific (APAC), Reinsurance Solutions. In his new role, England will drive collaboration across the broker’s casualty business in APAC to help clients make better decisions to manage volatility, protect downside risk and diversify portfolios. Aon ... Read the full article
Catastrophe bond issuance hits $6.7bn in Q1’26 after record 2025: Artemis
16th April 2026
Catastrophe bond and related insurance-linked securities (ILS) issuance hit $6.7 billion in the first quarter of 2026, as a Q1 record 35 transactions came to market from a host of repeat and three first time sponsors, reports Artemis. The Artemis Q1 2026 catastrophe bond and ... Read the full article
Rare Earth announces several leadership appointments
16th April 2026
Rare Earth Insurance Partners, a member of the +8 Partners global insurance ecosystem, has announced several promotions and new positions within its leadership team. Rare Earth, headquartered in Hong Kong, with additional offices located in Shanghai, Taiwan, and the UK, is an independent wholesale insurance broker that offers competitive commercial insurance ... Read the full article
AXA XL Re appoints Tara Smith-Eckert as Head of Claims, NA, Reinsurance
16th April 2026
AXA XL Reinsurance has announced the appointment of Tara Smith-Eckert as Head of Claims, North America, Reinsurance, effective 1st May 2026. In her new role, Smith-Eckert will be responsible for leading claims operations across North America and Bermuda, with a continued focus on delivering efficient, high-quality claims services. With nearly two decades ... Read the full article
Travelers begins 2026 with $1.7bn profit surge on lower cat losses
16th April 2026
The Travelers Companies, Inc. has reported net income of $1.711 billion for Q1 2026, up from $395 million in the same period of 2025, driven by lower catastrophe losses and higher net investment income. Travelers' core income in the opening quarter of 2026 was $1.696 billion, a considerable increase of $1.253 ... Read the full article
Guy Carpenter’s revenue rises 3% in Q1’26 as Marsh reports consolidated revenue of $7.6bn
16th April 2026
Global reinsurance broker Guy Carpenter generated revenue of $1.2 billion in the first quarter of 2026, up 3%, or 2% year-on-year on an underlying basis, supporting a robust start to the year for broking group Marsh. Group-wide, insurance and reinsurance broker Marsh produced consolidated revenue of $7.6 billion in Q1'26, reflecting ... Read the full article
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