Reinsurance News
Re/insurers seek more advanced PVT risk models for data centres: Synthetik’s Tim Brewer
22nd July 2026
As data centres become increasingly critical infrastructure, insurers and reinsurers are seeking more sophisticated analytical models to better quantify potential losses from political violence and terrorism (PVT) risks, according to Tim Brewer, Chief Operating Officer at Synthetik. Synthetik is a research and development company based in Austin, Texas. It specialises in ... Read the full article
Lloyd’s governance overhaul accelerates after investigation finds former CEO’s conduct fell below leadership standards
22nd July 2026
The Council of Lloyd’s has concluded that former chief executive John Neal’s conduct fell “significantly below” the standards expected of Lloyd’s senior leaders, following an investigation that also identified failures in the Corporation’s governance and whistleblowing processes, while market leaders said the focus now shifts to restoring confidence and embedding ... Read the full article
W. R. Berkley sees 20%+ underwriting efficiency gains from AI: CEO
22nd July 2026
Rob Berkley, CEO of W. R. Berkley Corporation, said the firm is seeing efficiency gains of more than 20% from artificial intelligence in underwriting, with efforts largely focused on underwriting workbenches and digitising processes from intake through to quote. Speaking during W. R. Berkley Corporation’s Q2 2026 earnings call, Berkley ... Read the full article
Howden appoints Junichiro Ito as Head of Natural Resources for Japan
22nd July 2026
Global insurance and reinsurance broking group Howden has appointed Junichiro Ito as Head of Natural Resources for Japan. Ito brings more than 20 years of experience at the intersection of offshore wind, insurance, and risk management. He joins Howden from GE Vernova, where he most recently served as Commercial Country Leader Japan ... Read the full article
Amphitrite names Jack Thompson War Underwriter
22nd July 2026
Specialist marine managing general agent (MGA) Amphitrite Underwriting London has announced the appointment of Jack Thompson as War Underwriter, effective immediately. In his new position he will provide support for the further development of Amphitrite’s marine war offering, delivering responsive and efficient solutions tailored to the ... Read the full article
Sompo advances Brazil growth strategy with agreement to acquire Fator Seguradora
22nd July 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. has formalised an agreement to acquire Fator Seguradora in Brazil, which focuses on corporate insurance and business risk management solutions, with particular strength in Property, Surety, and Financial Lines. The transaction remains subject to customary regulatory approvals. Once completed, Sompo said the ... Read the full article
Chubb reports 18.8% rise in P&C underwriting income to $1.94bn for Q2’26
22nd July 2026
Global property and casualty insurer Chubb has reported an 18.8% year-on-year increase in P&C underwriting income to $1.94 billion for the second quarter of 2026, compared to $1.63 billion in Q2’25. Simultaneously, the insurer’s Q2’26 combined ratio improved to 83.8% from 85.4% in Q2’25. Evan G. Greenberg, Chairman and Chief Executive Officer ... Read the full article
Christian Howells to lead Willis Re’s new Global Life Reinsurance Practice
22nd July 2026
Willis Re, the reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has launched a Global Life Reinsurance Practice, with Christian Howells set to lead it as Head of Life Reinsurance. According to Willis Re, the new practice has been created to provide independent life reinsurance advisory and ... Read the full article
Gallagher launches enhanced aviation insurance platform
22nd July 2026
Global insurance broker Gallagher has relaunched its aviation insurance web portal Jacinth with enhancements to help clients drive efficiency and offer analytical insights on their risk profile. Jacinth provides clients with an interconnected insurance management system. It is able to track aircraft fleets in ... Read the full article
TMHCCI appoints Gülsah Dagdelen as Head of Cyber, International
22nd July 2026
Tokio Marine HCC International (TMHCCI), a subsidiary of the Tokio Marine HCC group of companies, has announced the appointment of Gülsah Dagdelen as Head of Cyber – International, effective 1 July 2026. Dagdelen succeeds Xavier Marguinaud, who has served in the role since 2020 and helped develop TMHCCI's Cyber offering from ... Read the full article
Villapañe joins Swiss Re Corporate Solutions as Customer & Distribution Manager
22nd July 2026
Jessica Villapañe has joined Swiss Re Corporate Solutions, the commercial insurance arm of the global reinsurance giant, Swiss Re, as its new Customer & Distribution Manager, a London-based role. Villapañe brings close to two decades of London Market insurance experience, spanning strategic relationship management roles on both the insurer and broker ... Read the full article
AXA accelerates Microsoft 365 Copilot rollout to employees worldwide as part of AI strategy
21st July 2026
AXA, the France-headquartered multinational insurance and asset management group, has announced plans to introduce Microsoft 365 Copilot to employees worldwide, describing the move as the latest stage of its workplace AI strategy and a significant development in its wider programme to deploy artificial intelligence across the organisation. The company said the ... Read the full article
Bamboo Insurance adds California home insurance capacity through New MS Transverse partnership
21st July 2026
Bamboo Insurance, a property insurance provider specialising in coverage solutions for challenging markets, has announced a new partnership with MS Transverse Insurance Company to increase its admitted homeowners and dwelling fire insurance capacity across California. The collaboration provides around $150 million in additional admitted capacity and expands the range of options ... Read the full article
McGill & Partners launches South Africa renewables insurance solution with GIB
21st July 2026
Independent global specialty insurance and reinsurance broker McGill and Partners, and GIB, the largest independent South African insurance broker, have launched Protea Green, a new solution focused on the insurance of risks associated with renewable energy infrastructure in South Africa. Protea Green offers a "comprehensive suite" of insurance coverages tailored to ... Read the full article
Chris Loake joins CFC as Chief Information Officer
21st July 2026
CFC, a specialist insurance provider centred on emerging risks, has appointed Chris Loake as Chief Information Officer (CIO). In his new role, Loake will drive CFC's technology strategy that underpins its long-term vision and digital distribution capabilities, building on a track record of innovation including one-question quoting, automated renewals and agentic ... Read the full article
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