Reinsurance News
Neptune sees record figures in Q2’26 with revenue reaching $55.9m and net income $15.8m
22nd July 2026
Florida-based flood insurance group Neptune Insurance Holdings Inc., parent of Neptune Flood, has reported record financial results for the second quarter of 2026, seeing revenue growth of 33% and a net income increase of 36%. Revenue reached a record $55.9 million in the quarter, driven by continued growth of the renewal ... Read the full article
Aon appoints Michael Mahoney as Northeast Region Leader and Co-Head of the US
22nd July 2026
Aon, a global insurance and reinsurance broker and risk advisor, has appointed Michael Mahoney in dual roles of Northeast Region Leader and Co-Head of the US, effective August 1st, 2026. Upon joining the broker, Mahoney will serve on the Aon Executive Committee, while maintaining his seat in the North America Executive ... Read the full article
Chris Baker set to join Atrium as Head of Specialty Reinsurance
22nd July 2026
Atrium, a specialty insurer at Lloyd’s, has announced the appointment of Chris Baker as Head of Specialty Reinsurance. Baker will join Atrium in July 2027, following the completion of his contractual obligations, and will underwrite for the 2028 Year of Account. In his new role, he will develop Atrium’s specialty reinsurance portfolio, ... Read the full article
Effects of a softening reinsurance market becoming increasingly visible, says Autonomous
22nd July 2026
The effects of a softening reinsurance market are becoming more evident, according to investment research firm Autonomous, which says sustained pricing declines are beginning to weigh on revenue growth and are expected to put greater pressure on underwriting performance over time. In its latest report, Autonomous said the final major renewal ... Read the full article
Bousselam promoted to CUO of TransRe Europe
22nd July 2026
Transatlantic Holdings (TransRe), the reinsurance arm of the Alleghany Corporation, has announced the promotion of Abdeladim Bousselam to CUO of TransRe Europe, reporting to Louise Rose, President, International Division with immediate effect. Bousselam brings a wealth of leadership and underwriting expertise to his new position, having initially joined TransRe ... Read the full article
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
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