Reinsurance News
Kooijman joins Liberty Specialty Markets as General Manager for the Netherlands, Belgium and the Nordics
1st June 2026
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has announced the appointment of Monique Kooijman as General Manager for the Netherlands, Belgium and the Nordics. “Kooijman’s appointment reflects our continued investment in our European presence and driving continued growth across these strategic markets, supporting our broader “Invest in Europe” strategy ... Read the full article
SEADRIF and FAO launch drought parametric insurance pilot in Lao PDR
1st June 2026
The SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in Lao People’s Democratic Republic (Lao PDR). The initiative marks the first time a Southeast Asian government has secured a parametric insurance framework specifically designed to deploy pre-arranged finance ... Read the full article
IAG agrees settlement as part of Greensill case
1st June 2026
Australian insurer IAG has announced that its subsidiary, Insurance Australia Limited (IAL), has agreed to a confidential settlement of the proceedings brought by Greensill Bank AG and its Insolvency Administrator, Dr Michael C. Frege. The case, known as Greensill Bank Proceedings, was Filed in the Federal Court of Australia following the ... Read the full article
BOXX Insurance new exec appointments to accelerate international growth
1st June 2026
BOXX Insurance, part of Zurich Global Businesses & Operations, has announced two key executive appointments to drive US expansion and international growth. Neal Jardine was named Chief Operating Officer (COO) and President, BOXX Canada, and Elizabeth Kim was appointed as the new President of BOXX USA. Since 2022, Jardine has focused on ... Read the full article
Howden names new India EVP, Property and Risk Management
1st June 2026
Global insurance and reinsurance broking group Howden has announced the appointment of T S VijayaVenkateswaran as Executive Vice President, Property and Risk Management, India. He brings over 24 years of deep experience in risk management, insurance practice, and claims handling across cargo, engineering, property, and liability lines to his new Chennai-based ... Read the full article
Florida property cat reinsurance market ‘as strong as ever’, says Aon’s Chris Dittman
29th May 2026
Chris Dittman, Executive Managing Director and Florida Practice Leader at broking group Aon, views the Florida property catastrophe reinsurance market as the healthiest and most stable it has ever been, pointing to stronger balance sheets, solid underwriting performance, increased capital levels, and continued stabilisation following recent reforms. During AM Best’s Analytical ... Read the full article
Aspen’s underwriting income hits $79.1m in Q1’26 as CoR improves
29th May 2026
Aspen Insurance Holdings has reported a sharp improvement in underwriting performance for Q1 2026, with underwriting income almost tripling year-on-year to $79.1 million as the combined ratio improved to 89.1% from 96.1% a year earlier. The global specialty re/insurer agreed to be acquired by a wholly owned subsidiary of Sompo Holdings ... Read the full article
Palomar’s earthquake reinsurance limit up to $3.92bn after June renewal
29th May 2026
Palomar Holdings, Inc., a US-based specialty insurance company focused on property and casualty coverage, has successfully completed its June 1st reinsurance placement, securing approximately $421 million of incremental limit to support the growth of its earthquake franchise. The company’s reinsurance coverage now extends to $3.92 billion for earthquake events and $135 ... Read the full article
Vishal Desai appointed as International Chief Risk Officer at MS&AD Insurance Group
29th May 2026
MS&AD Insurance Group, a major Japanese non-life insurance group with a substantial international presence, has appointed Vishal Desai to a senior global role as International Chief Risk Officer. The International business within MS&AD Insurance Group represents more than $20bn of non-life gross written premium outside Japan and remains a significant part ... Read the full article
T&Cs hold firm, catastrophe reinsurance rates down closer to 20% at mid-year renewals: KBW
29th May 2026
KBW, the investment bank and financial services research firm specialising in the insurance sector, has indicated a more challenging mid-year catastrophe reinsurance renewal environment for sellers, with pricing reductions nearer 20% than 15%, particularly for Florida-focused business, while terms and conditions (T&Cs) are seen as largely holding firm. This conclusion was ... Read the full article
Willis announces three FINEX North America leadership appointments
29th May 2026
Willis, a WTW business, has announced three leadership appointments within FINEX North America to strengthen its cyber strategy and client engagement capabilities. Annice Ma has been appointed Head of Cyber for FINEX North America. In this role, she will set the strategic direction for the cyber practice and oversee day-to-day management across ... Read the full article
Reinsurers face ‘operational inertia’ blocking AI-driven growth, says Accenture
29th May 2026
Accenture’s Stefan Sieger and Jeevan Thangudu argue that, despite strong earnings and well-capitalised balance sheets, many reinsurers are still struggling to translate favourable market conditions into sustainable, profitable growth—and to fully capture the value of artificial intelligence. The constraint, they suggest, is no longer capital, capacity or risk appetite. Instead, it ... Read the full article
Ruchi Sheth joins Niyam Group as Director – Marine & Energy
29th May 2026
Niyam Group, an Indian-focused reinsurance platform, has announced the appointment of Ruchi Sheth as Director – Marine & Energy. Sheth brings over 23 years of experience in the general insurance sector to her new role, combining deep underwriting expertise in Marine & Energy and strong commercial acumen. The executive will lead the ... Read the full article
Heritage Insurance secures more multi-year protection at reinsurance renewal
29th May 2026
Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has confirmed the completion of its 2026-2027 indemnity-based catastrophe excess-of-loss reinsurance programme for its insurance subsidiaries, Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company and Zephyr Insurance Company. The overall consolidated cost of the programme is expected to ... Read the full article
Universal adds $352m of multi-year coverage for 2026–2027 reinsurance program
29th May 2026
Universal Insurance has announced the completion of the combined 2026–2027 reinsurance program for its wholly owned insurance company subsidiaries, effective June 1, 2026. Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC), the two subsidiaries, set the top of the combined reinsurance tower for ... Read the full article
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