Reinsurance News
Zurich expands its data centre insurance to five new countries
5th June 2026
Large primary carrier Zurich Insurance Group has expanded the availability of Data Centre Project Guard, a comprehensive insurance and risk management solution for large-scale construction projects, to meet growing global customer demand for coordinated protection. Following its successful U.S. debut, where Zurich underwrote more than 245 data centre construction projects in ... Read the full article
Honeycomb raises $40m in new funding round led by Zeev Ventures
5th June 2026
Honeycomb Insurance, a digital insurer specialising in apartment buildings and condo associations, has raised an additional $40 million in a new funding round led by Zeev Ventures. The round also drew participation from existing investor Ibex Investors, alongside new backers Peakline, Alpha Partners, Meitar Partners, Practical VC, and former San Francisco ... Read the full article
Howard Hughes completes $2.1bn Vantage acquisition
5th June 2026
Howard Hughes Holdings Inc. (HHH) has completed its previously announced acquisition of specialty insurance and reinsurance company, Vantage Group Holdings Ltd., for an all-cash transaction valued at approximately $2.1 billion. The acquisition was completed by a wholly-owned subsidiary of HHH, Howard Hughes Insurance Holdings, LLC, following receipt of all required ... Read the full article
Ashley Hirst returns to Swiss Re as Head Portfolio Strategy & Steering
5th June 2026
Reinsurance giant Swiss Re has announced that Ashley Hirst is returning to the company on June 8th 2026 as Head Portfolio Strategy & Steering, based in London. Hirst first joined Swiss Re in January 2017 as Group Head of Underwriting Strategy, before moving over to Swiss Re Corporate Solutions as Chief ... Read the full article
Renewal rates down across most commercial lines month over month in May: Ivans
5th June 2026
Ivans, a division of Applied Systems, has released the May 2026 results of the Ivans Index, showing that average premium renewal rates across nearly all major commercial lines of business declined month over month, except Property and Workers’ Compensation, which saw modest increases. Year over year, average premium renewal rates increased ... Read the full article
Cedar Trace appoints Chris Wilson as Managing Director of Capital Management
5th June 2026
Cedar Trace, an investment management firm focused on insurance-linked securities (ILS), has announced the appointment of Chris Wilson as Managing Director of its Capital Management division, as the company continues to develop its ILS investment platform. Wilson is based in Bermuda and will work across Cedar Trace’s ILS operations, supporting areas ... Read the full article
ICEYE partners with Florida Flood Hub to enhance flood response and recovery
5th June 2026
ICEYE, a world leader in synthetic aperture radar (SAR) satellite systems, has partnered with the Florida Flood Hub for Applied Research and Innovation to improve flood preparedness, response, recovery, and resilience efforts. Florida’s Flood Hub plays a critical role for the state’s adaptation and mitigation efforts regarding extreme weather and hurricanes, ... Read the full article
Beazley’s Diamond joins Hudson as Chief Claims Officer
5th June 2026
Hudson Insurance Group has appointed industry veteran Beth Diamond as Senior Vice President and Chief Claims Officer, a New York-based role. Diamond has more than two decades of specialty claims experience, having most recently served as group chief claims and litigation officer at Beazley. Throughout her two-decade career with the specialty re/insurer, ... Read the full article
Arch Insurance NA reshapes leadership team to strengthen wholesale operations
4th June 2026
Arch Insurance North America (Arch Insurance), a subsidiary of Arch Capital Group and a provider of speciality insurance products and services, has announced several leadership appointments as part of efforts to enhance its Wholesale business and support continued expansion within the Excess & Surplus (E&S) market. The company has created the ... Read the full article
Slide Insurance lifts total aggregate reinsurance limit 65%
4th June 2026
Slide Insurance Holdings, Inc., the technology-enabled insurer, has completed its 2026-2027 catastrophe excess of loss reinsurance tower, securing a record total aggregate reinsurance limit of $5.463 billion. This represents a significant 65% increase from the $3.304 billion secured last year. As part of this expansion, the carrier significantly boosted its first-event ... Read the full article
Gallagher Re expands FAC team
4th June 2026
Gallagher Re, the global reinsurance broking and advisory firm, has announced three new appointments within its FAC team. Christine Drivas has been named Divisional Director, FAC. She brings more than 20 years of expertise in the insurance and reinsurance markets. Drivas joins Gallagher Re following 11 years at Miller Insurance Services LLP, ... Read the full article
Insurers need to update cat models for “supershear” risks to prevent further related losses: MS Amlin
4th June 2026
Insurers may be significantly underestimating earthquake risk – by up to 60% in extreme cases - as models fail to capture the effects of “supershear” earthquakes, a little-known class, according to recent MS Amlin research. According to the study, destructive supershear ruptures are behind two thirds of insured earthquakes losses from ... Read the full article
The Fidelis Partnership launches Guy Carpenter-placed PVT Consortium
4th June 2026
The Fidelis Partnership (TFP) has launched a PVT Consortium, placed by Guy Carpenter, bringing together leading Lloyd’s syndicates to deploy new capacity into the war, terror and political violence (WTPV) market. According to TFP, the Consortium will bring together capacity from leading Lloyd's Syndicates, including Argenta, alongside TFP's own Syndicates, 3123 ... Read the full article
Service-level agreement exposure among most significant risks facing data centres: Parametrix
4th June 2026
Lloyd’s of London coverholder Parametrix has highlighted in a new white paper that service-level agreement (SLA) exposure is among the most significant operational risks facing data centres, noting that uptime, availability, latency, power, cooling and network performance commitments can translate into material financial exposure. According to the report, An Introduction to ... Read the full article
Legacy and retrospective reinsurance become a strategic capital tool for cedants: Howden Re
4th June 2026
The use of legacy and retrospective reinsurance has evolved from operational relief to capital and financial target optimisation tools for cedants, Alex Roth, Head of Capital & Operational Solutions, International at Howden Re, highlighted in a recent commentary. Over the past decades, the legacy and retrospective reinsurance market operated under a ... Read the full article
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