Reinsurance News
Catalina Re appoints Peter Mason as Group Chief Risk Officer
5th January 2026
Catalina Re, a provider of capital management and risk transfer solutions to the global insurance industry, has appointed Peter Mason as Group Chief Risk Officer. Andrew Pryde, Catalina Re’s former Group Chief Risk Officer, departed the role to join SiriusPoint as its Group Chief Risk Officer, effective September 2025. Mason joins ... Read the full article
Admiral Group completes sale of US motor business Elephant to J.C. Flowers
5th January 2026
UK domiciled insurer Admiral Group has completed the sale of its US motor insurance business, including Elephant Insurance Company and Elephant Insurance Services (Elephant), to J.C. Flowers & Co., a global private investment firm dedicated to investing in the financial services industry. Admiral initially announced the deal back in April ... Read the full article
Ascot hires RenRe’s Ashleigh Edwards to lead Ceded Re strategy
5th January 2026
Ascot Group has appointed Ashleigh Edwards as Group Head of Ceded Reinsurance, where she will lead the firm’s global ceded re strategy, covering its structures, placement approaches, and business lines. Edwards joins Ascot from RenaissanceRe, where she spent more than six years, most recently as SVP, Global Head of Casualty Reinsurance. She ... Read the full article
Howden to acquire representations and warranties insurance broker Atlantic Group
5th January 2026
Insurance and reinsurance broking group Howden has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker headquartered in New York, US. Since its establishment in 2017, Atlantic Group has rapidly expanded to become a top-five broker in the North American transaction liability market. With an expert team of ... Read the full article
Corebridge closes Individual Retirement variable annuity deal with Venerable
5th January 2026
Corebridge Financial, Inc., an American multinational financial services company, has successfully closed the final portions of the variable annuity reinsurance deal with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. The transaction included the reinsurance of all Individual Retirement variable annuities issued by The United States Life ... Read the full article
Paolo Mantero named Zurich’s Group Head of Reinsurance
5th January 2026
Global multi-line insurer, Zurich Insurance,, has appointed Paolo Mantero as its new Group Head of Reinsurance, who is transitioning to the role from his most recent position as Chief Strategy Officer (CSO). Mantero, who brings a wealth of strategic depth and financial acumen to the role, has held several leadership ... Read the full article
Global reinsurer capital up 6% to $760bn in 9M’25 with average ROE of 16%: Aon
5th January 2026
Global reinsurer capital increased by more than 6% from the end of 2024 to $760 billion as at September 30th, 2025, with growth in both traditional and alternative capital, driven by retained earnings, unrealised gains, and new inflows to sidecars and the catastrophe bond market, according to Aon's January 2026 ... Read the full article
2026 to mark a decisive shift toward operationalised AI: Xceedance
5th January 2026
In 2026, insurers will move from experimenting with AI to scaling it with human oversight, stronger governance, and decisions driven by real-time data for underwriting, Travis MacMillian, president of the Americas at Xceedance, has suggested. Xceedance said 2026 will represent a decisive shift toward operationalised AI, real-time risk intelligence, and participatory ... Read the full article
Cyber market benefited from more-than-adequate capacity at 1.1: Gallagher Re
5th January 2026
The cyber market benefited from more-than-adequate capacity at the January 1st, 2026, reinsurance renewals, with levels far exceeding those available a few years ago, according to reinsurance broker Gallagher Re's 1st View renewal report. Ian Newman, Global Head of Cyber, and Jennifer Braney, Head of International Cyber, said that while the ... Read the full article
Sompo appoints Christian Silies as President of Europe Reinsurance
5th January 2026
Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Christian Silies as President of Europe Reinsurance. Silies brings more than two decades of industry experience, with expertise spanning specialty, marine, and energy lines. He joined Sompo in March 2022 as Head of Global Marine & Energy, and ... Read the full article
Ryan Spettigue joins AIG as Head of Client and Broker Engagement, Australia
5th January 2026
Ryan Spettigue has joined AIG as the firm's new Head of Client and Broker Engagement, Australia. Spettigue joins AIG from Chubb, where he served in a number of senior underwriting roles. He joined Chubb in 2014 as a casualty underwriter before becoming Workers’ Compensation Manager in Hong Kong and later Senior Underwriter, ... Read the full article
The Baldwin Group and CAC complete merger worth $1.03bn
5th January 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, and CAC Group, a national middle-market insurance broker and advisor, comprising CAC Specialty and CAC Agency, have completed the previously announced merger, with a total upfront consideration of $1.026 billion. To recap, this merger is expected to create one of ... Read the full article
APAC reinsurance capacity surges as supply outpaces demand at Jan 1 renewals: Guy Carpenter
5th January 2026
Guy Carpenter experts from the Asia Pacific region have shared their insights on the reinsurance renewals for January 1, 2026, highlighting the region’s favourable results for the year with lower than average cat losses. Tony Gallagher, CEO Asia Pacific noted that for the past three years, Guy Carpenter has seen a ... Read the full article
Travelers completes sale of Canadian personal & majority of commercial arm to Definity
5th January 2026
The Travelers Companies, Inc., a provider of property and casualty insurance, has completed the sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation for approximately $2.4 billion. The sale was initially announced in May 2025. Travelers has retained ... Read the full article
Munich Re’s ERGO acquires non-life insurer ADB Gjensidige in the Baltics
2nd January 2026
Global reinsurer Munich Re’s primary insurance arm, ERGO Group, has completed the previously announced acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurer Gjensidige Forsikring ASA, including its branches in Estonia and Latvia. The announcement was made by ERGO International AG, the segment managing the group’s international business ... Read the full article
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