Reinsurance News
Kin’s auto GWP surpasses $6m as home policies in force tops 250,000
3rd June 2026
Kin, the direct-to-consumer home and auto insurance company, has reported that auto gross written premiums (GWP) surpassed $6 million, while total home policies in force exceeded 250,000. In January 2026, Kin launched auto insurance for its Florida and Texas home insurance customers following a successful pilot in Texas at the ... Read the full article
DWF names Abbott Managing Partner of its Insurance Services division
3rd June 2026
DWF, a provider of integrated legal and business services, has announced the appointment of David Abbott as Managing Partner of its Insurance Services division, effective May 1, 2026. He succeeds Matthew Doughty, who has continued to lead the division on an interim basis since his appointment as Group CEO on 1 ... Read the full article
Adaptation projects essential for narrowing global nat cat protection gap: Swiss Re
3rd June 2026
A new report from Swiss Re has suggested that the rising value of natural catastrophe-exposed assets, and the resulting increase in the absolute protection gap, continues to pose resilience risks, even though insurance cover has broadly kept pace with rapidly growing exposures, highlighting the need for targeted adaptation projects that ... Read the full article
Gallagher Re becomes first reinsurance broker to deploy Allphins’ exposure management platform
3rd June 2026
Gallagher Re has announced the deployment of the Allphins exposure management platform, becoming the first reinsurance broker to license this tool. The global broker signed a multi-line agreement for the platform covering property, onshore energy, and terrorism lines. The deployment comes as property catastrophe rates face continued pressure, encouraging brokers to find ... Read the full article
Maamoun Rajeh takes charge of Arch’s Insurance segment in expanded President role
3rd June 2026
Arch Capital Group Ltd., a global provider of insurance, reinsurance and mortgage insurance, has expanded Maamoun Rajeh’s role as President to include oversight of its Insurance segment, in addition to the Reinsurance and Mortgage businesses he already leads, as the company adopts a single-President model. Arch explained that David Gansberg ... Read the full article
Convex establishes specialty and niche lines focused MGA, Kinetic Insurance Services
3rd June 2026
Convex Group Limited, an international specialty insurer and reinsurer, has launched a wholly owned technology-enabled Managing General Agency (MGA) called Kinetic Insurance Services (Kinetic), which will start trading in the final quarter of this year. The re/insurer explains that the MGA, which has received FCA regulatory approval, is based in the ... Read the full article
Resilience introduces new cyber risk programme for private equity firms
3rd June 2026
Resilience, a cyber risk solutions company that combines cybersecurity expertise, risk management technology and cyber insurance services, has launched a new Private Equity Cyber Risk Programme aimed at helping private equity (PE) firms gain greater visibility into and control over cyber risks across their portfolios. The programme brings together Arc, Resilience’s ... Read the full article
Mereo starts underwriting ESL’s casualty energy portfolio
3rd June 2026
Bermuda-based carrier, Mereo Insurance Limited (Mereo), has started underwriting the first Excess Casualty Energy policies under a renewal rights transaction between Everen and Cedar Trace, the insurance, reinsurance, and asset management group that is strategically aligned with Mereo. This follows the previously reported acquisition of Everen Specialty Ltd.’s (ESL) excess ... Read the full article
E&S insurance growth slows as property pricing weakens in May 2026 update: TD Cowen
3rd June 2026
TD Cowen, an investment bank and research firm, has issued a report titled, Our Thoughts on the E&S Market, reviewing recent developments in the excess and surplus (E&S) insurance sector. In its analysis, TD Cowen states that the recent easing in E&S growth has been mainly linked to softer pricing conditions, ... Read the full article
Acrisure enters Turkish market with Monopoli Sigorta partnership
3rd June 2026
Monopoli Sigorta Aracılık Hizmetleri A.Ş., an Istanbul-based insurance brokerage, has joined global insurance broker Acrisure’s international platform as part of its new strategic partnership. This partnership marks an important milestone for Monopoli Sigorta and the broader Turkish insurance intermediary sector. It also represents Acrisure’s first partnership in the Turkish market. Founded over ... Read the full article
Pro Global launches European broker platform after securing Lloyd’s Europe accreditation
3rd June 2026
Pro Global, a provider of specialist services and advisory solutions to the insurance industry, has launched Pro Broker Europe GmbH, a new European platform created to support UK-based brokers seeking to establish and grow their presence across Europe. The launch follows Pro Broker Europe GmbH receiving Lloyd’s Europe accreditation, which Pro ... Read the full article
Core Specialty appoints CEO Consolino as Executive Chairman of its Board of Directors
3rd June 2026
Core Specialty Insurance Holdings, Inc. and its subsidiaries have announced the appointment of Jeff Consolino, the company’s Founder, President, and Chief Executive Officer, as Executive Chairman, as well as other changes to its Board of Directors. Consolino will be succeeding Ed Noonan who has stepped down from his position as Executive ... Read the full article
OAK Global enters cat bond market with upsized $150m Quercian Re issuance
3rd June 2026
OAK Global, a global risk partner underwriting through two dedicated syndicates at Lloyd's, has sponsored its debut catastrophe bond through an upsized $150 million Quercian Re 2026-1 issuance. Structured on an annual aggregate industry loss trigger basis, the transaction provides OAK Reinsurance Syndicate 2843 with fully collateralised, multi-year retrocession protection against ... Read the full article
Gallagher ups stake in leading MEA insurance brokerage to 49%
3rd June 2026
Global insurance brokerage, risk management and consulting firm Gallagher has increased its stake in ACE Gallagher Holding, a leading insurance brokerage in the Middle East and Africa that is majority owned by MIG Holding, from 30% to 49%. ACE Gallagher, which supports businesses with risk management and insurance solutions, is reportedly ... Read the full article
Simon Hunt appointed CEO of HDI Global UK & Ireland
3rd June 2026
Simon Hunt has been appointed as Chief Executive Officer of HDI Global UK & Ireland, effective 1 June 2026, after serving as interim CEO since February 2026 following the departure of Stephanie Ogden. Ger Twomey is set to continue as interim Chief Financial Officer (CFO). Hunt, who previously was CFO for the ... Read the full article
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