Reinsurance News

AIG CEO doubles down on AI strategy amid complex risk landscape

1st April 2026

In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasised the firm's commitment to accelerating its AI strategy and strengthening long-term growth. He framed this ambition against an increasingly complex operating environment, shaped by an evolving risk landscape, geopolitical tensions, persistent inflation uncertainty, heightened catastrophe activity, ... Read the full article

AM Specialty Insurance announces series of promotions

1st April 2026

AM Specialty Insurance Group (ASIG), a provider of specialty insurance solutions, has announced a series of promotions across AM Specialty Insurance Company (ASIC) US and ASIC UK. Duncan Daniel has been promoted to Vice President, Underwriting at ASIC US. He joined ASIG in the summer of 2020, initially working at Am ... Read the full article

Acrisure completes acquisition of MGA Vave from Canopius

1st April 2026

Acrisure, a global fintech leader, has completed its previously announced acquisition of specialty re/insurer Canopius Group's technology-driven property managing general agent (MGA), Vave. As per the terms of the deal, Vave now forms part of Acrisure Underwriting, a platform of 12 MGAs operating in the US insurance markets. The MGA will ... Read the full article

Growth in capacity from existing and new casualty players at April 1 renewals: Gallagher Re’s Shah

1st April 2026

Despite competitive terms, capacity in the casualty reinsurance market increased at the April 1st, 2026, reinsurance renewals, supported by both existing players and new entrants, according to Chirag Shah, Global Head of Casualty at Gallagher Re. In reinsurance broker Gallagher Re’s latest 1st View Report, Shah noted that the casualty market ... Read the full article

Henry To appointed Chairman of Howden Re Hong Kong

1st April 2026

Global reinsurance broker Howden Re has announced the appointment of industry veteran Henry To as Chairman of its Hong Kong operations, a strategic move aimed at accelerating the firm’s growth across Greater China and the wider Asia-Pacific region (APAC). To joins the firm with more than four decades of reinsurance experience, ... Read the full article

London Market insurance set for moderate profitability amid evolving risks, says AM Best

1st April 2026

Credit rating agency AM Best has indicated that the outlook for the London Market insurance sector remains stable, with profitability expected to moderate through 2026 while still staying positive, provided catastrophe experience remains within normal bounds. According to AM Best, a combination of pricing dynamics, investment conditions and shifting global risks ... Read the full article

Conduit Re’s Nick Pritchard joins Willis Re in Bermuda

1st April 2026

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has welcomed Nick Pritchard to its Bermuda team. Pritchard brings more than 20 years of industry experience spanning underwriting and broking within property reinsurance and retrocession. He has built long-standing relationships with clients and markets in ... Read the full article

M&A mega deals hit record high in Q1’26: WTW

1st April 2026

M&A transactions of $10 billion or more have hit a record in the first quarter of 2026, with 12 "mega deals" closed, the highest figure for any quarter since 2008, according to WTW. WTW’s Quarterly Deal Performance Monitor (QDPM) found that the higher share of transactions exceeding $10 billion also propelled ... Read the full article

Coface appoints Carmen Chow as Head of Commercial for Hong Kong

1st April 2026

Coface, a provider of credit insurance and risk management solutions, has announced the appointment of Carmen Chow as Head of Commercial for Hong Kong, effective 1st April 2026. In her new role, Chow will be responsible for strengthening Coface’s commercial performance strategy and deepening client engagement in the Hong Kong market. She ... Read the full article

Swiss Re names Henock Teklu as its new CTO and Chief of Staff

1st April 2026

Swiss Re has appointed Henock Teklu as its new Group Chief Transformation Officer and Group Chief of Staff. Teklu joins the firm from BlackRock Investment Management in New York, where he spent over eight years, most recently serving as a Managing Director. In his new role, he will lead and oversee Swiss ... Read the full article

Geneva Association flags persistent gaps in cyber hygiene and insurance adoption

1st April 2026

A recent Geneva Association report warns that as cyber incidents grow more frequent, sophisticated, and costly, many firms still have persistent gaps in cyber hygiene and risk management, underscoring the urgent need to strengthen resilience, with cyber insurance playing a critical role. The Geneva Association noted that intensifying geopolitical tensions and ... Read the full article

Talanx secures €1bn financing through dual bond issuance

1st April 2026

Talanx AG, one of Europe’s major insurance and financial services groups, has secured a total of EUR 1.0 billion in new financing through a dual bond issuance, strengthening its capital structure and refinancing upcoming debt obligations. The company said it placed a EUR 500 million senior unsecured bond with a broad ... Read the full article

Combining AI-driven and traditional measures critical to mitigating SCS risks: Allianz

1st April 2026

The frequency and intensity of severe convective storm (SCS) events have increased significantly leading to insured losses in billions of US dollars globally, but these risks can be mitigated with a combination of traditional resilience measures and artificial intelligence (AI) solutions, a recent Allianz report highlights. Last year alone, these unpredictable ... Read the full article

Ardonagh’s Orvia Underwriting strengthens leadership team with senior hires

1st April 2026

Ardonagh's Orvia Underwriting has announced a number of senior leadership appointments, strengthening its underwriting, distribution, technology, and operational capabilities as it scales across European markets and business lines. Launched in January 2026, Orvia Underwriting is The Ardonagh Group’s new pan-European MGA platform. Orvia has named Paul Nolan as Chief Underwriting Officer, responsible ... Read the full article

New highs for traditional & alternative takes global reinsurer capital to record $785bn: Aon

1st April 2026

Global reinsurer capital increased by almost 10% in 2025, ending the year at a record $785 billion, with new highs set for both traditional equity and alternative capital, providing the industry with ample room to absorb growing risks, according to broking group Aon. The broker has released its April 2026 renewal ... Read the full article