Reinsurance News

Antoine Fleury to lead Swiss Re Corporate Solutions France

10th June 2026

Antoine Fleury has been appointed Directeur Général France for Swiss Re Corporate Solutions, effective 1 July 2026, subject to regulatory and internal approvals. Bruno Mostermans, who has led the French branch since 2011, is moving up into a broader international role as the new Head of Global Customer and Distribution Management, ... Read the full article

Mindanao earthquake insured losses to be limited due to Philippines’ protection gap: AM Best

10th June 2026

AM Best expects the Mindanao earthquake to generate multi-line economic losses, particularly from damage to property and infrastructure, but anticipates insured losses will represent only a small fraction of total economic damage due to the catastrophe protection gap in the Philippines. On 8th June 2026, a magnitude 7.8 earthquake struck the ... Read the full article

Cactus appoints Hamilton’s Keith Bernhard as CFO and Head of Audit

10th June 2026

Insurtech Cactus has announced the appointment of a new Chief Financial Officer (CFO) and Head of Audit, Keith Bernhard, a seasoned audit and risk management professional with over 30 years of experience across the insurance, reinsurance and public sectors. His appointment brings the rigour of public-company audit to the growing insurtech, ... Read the full article

Mexico lifts 2026–2027 parametric-led insurance cover to $596.3m

10th June 2026

The Mexican government is strengthening its commitment to protecting the population from natural disasters by renewing its 2026–2027 catastrophe insurance programme and doubling the insured sum to 10.4 billion pesos (US $596.3 million). According to a government announcement, the renewal will expand the State’s capacity to protect public assets and provide ... Read the full article

Angus Kench joins Munich Re Specialty, Global Markets, Australia

10th June 2026

Global reinsurer Munich Re has appointed Angus Kench as Head of Commercial Claims at Munich Re Specialty – Global Markets, Australia, effective July 1st, 2026. This appointment aligns with the reinsurer’s long-term growth ambitions, as it continues to build out the team following the recent appointment of Bob Algie. Kench has ... Read the full article

Steadfast gets A$7.7bn acquisition offer from Amwins and Dragoneer

10th June 2026

Australian insurance broker Steadfast Group has received a conditional, non-binding and indicative offer from Amwins Group and Dragoneer Investment Group to acquire 100% of its outstanding share capital for A$6.00 per share in cash, valuing the company at approximately A$7.7 billion. Amwins and Dragoneer - known as the consortium - intend ... Read the full article

Gallagher expands Middle East operations with new strategic investment

10th June 2026

Global insurance brokerage, risk management and consulting firm Gallagher has acquired a majority stake in ACE Re Gallagher Arabia Reinsurance Brokers, further reinforcing its commitment to supporting clients and businesses across the Kingdom of Saudi Arabia. The ACE Re Gallagher Arabia Reinsurance Brokers management team will reportedly transition seamlessly into the ... Read the full article

Willis Re hires Jim Summers from Guy Carpenter as Global Specialties CEO

10th June 2026

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has hired Jim Summers from rival broker Guy Carpenter to lead its Global Specialties operation, effective immediately. Summers assumes responsibility for strategic direction and driving growth across all specialty classes globally as CEO of the business. Working ... Read the full article

Simon Hawkins joins Aon as Executive Managing Director within the Global Legacy team

10th June 2026

Aon plc, a global professional services firm that provides risk, retirement and health solutions to clients worldwide, has announced the appointment of Simon Hawkins as Executive Managing Director for Reinsurance within its Global Legacy team, joining the company later this year. Hawkins will advise clients on complex legacy and run-off transactions, ... Read the full article

Ascot Group names Joseph Eppers as Group Chief Investment Officer

10th June 2026

Ascot Group Limited, a specialty reinsurance company, has confirmed the appointment of Joseph Eppers as Group Chief Investment Officer and as a member of its Global Executive Committee. The company said the appointment forms part of its continued development of senior leadership across its international investment operations. Within Ascot Group Limited, Eppers ... Read the full article

Gallagher Re appoints Eric Schwebach as EVP, North America Large Personal Property Product Leader

10th June 2026

Gallagher Re, the global reinsurance broking and advisory division of Arthur J. Gallagher & Co., has announced the appointment of Eric Schwebach as Executive Vice President (EVP), North America Large Personal Property Product Leader. Schwebach joins Gallagher Re with more than 20 years of reinsurance broking experience. Throughout his career, he ... Read the full article

Maximum Information launches PsiClone for live cyclone exposure monitoring

10th June 2026

Maximum Information has announced the launch of PsiClone, a new live event monitoring platform that aims to help insurers, reinsurers, and underwriting teams monitor portfolio exposure and respond earlier during active tropical cyclone events. Founded in 2020, Maximum Information is committed to increasing societal resilience to disasters through evolving risk modelling ... Read the full article

Lockton Re appoints Brian Hall as Lead Solution Developer

10th June 2026

Lockton Re, the reinsurance division of global insurance brokerage and risk management company Lockton, has announced the appointment of Brian Hall as Lead Solution Developer. Hall will play a key role in advancing the company’s next-generation catastrophe analytics capabilities. In his new position, he will support Lockton Re’s analytics teams and ... Read the full article

ICEYE targets global expansion as latest funding round surpasses €1bn

9th June 2026

ICEYE, a provider of sovereign intelligence from space, has raised €450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of more than €10 billion (USD 12 billion). Combined with a secondary placement, the total raised from this funding round exceeded ... Read the full article

MSIG USA receives AM Best A+ rating affirmations and new rating for E&S insurer

9th June 2026

MSIG USA, the US insurance arm of global insurer MS&AD Insurance Group Holdings, has announced that its newly launched excess and surplus (E&S) lines carrier, MSIG Specialty Insurance America, Inc., has been assigned an A+ (Superior) Financial Strength Rating and an "aa" (Superior) Long-Term Issuer Credit Rating by AM Best. The ... Read the full article