Reinsurance News
Price Forbes expands cross-class Lectio facility to Bermuda
2nd February 2026
Global specialty broker Price Forbes has announced the launch of its cross-class follow facility, Lectio, in Bermuda, extending the facility’s premium scope to around $1.3 billion. The facility will initially offer a Bermuda property line, enabling Price Forbes Bermuda to automatically follow pre-approved lead insurers across Bermudian property placements, with premium ... Read the full article
Aon appoints Alexander Krasavin as Regional Managing Director, APAC
2nd February 2026
Global insurance and reinsurance broking group Aon has announced the appointment of Alexander Krasavin as Regional Managing Director covering Asia Pacific. In his new role, Krasavin will drive the integration of human capital solutions for Aon’s large multinational clients across the APAC region, while continuing to support clients in his role ... Read the full article
PERILS ups October Australia east coast SCS insured losses to AUD 1.512bn
2nd February 2026
Zurich-based catastrophe insurance data provider PERILS has disclosed its second industry loss estimate for the Australia East Coast Severe Convective Storms (SCS), which affected Queensland, New South Wales and Victoria between 26 October and 1 November 2025, placing the insurance market loss at AUD 1.512 billion. In line with its Australian ... Read the full article
Coalition to help private equity firms manage cyber risk with new active insurance solution
2nd February 2026
Coalition, an active insurer focused on preventing digital risks, has launched its Private Equity Practice, designed to help firms manage cyber risk. This new cyber insurance solution was developed with private equity-focused brokers. Its bespoke design will help private equity firms, sponsors, general partners, and their portfolio companies to manage complex, ... Read the full article
Peak Re names Philip Hough as CUO
2nd February 2026
Hong Kong-based global reinsurer Peak Re has appointed Philip Hough as its new Chief Underwriting Officer (CUO), effective April 2nd, 2026. Hough will be based in Hong Kong and report directly to Franz-Josef Hahn, Chief Executive Officer of the reinsurer. In his new role, Hough will lead Peak Re’s P&C underwriting strategy ... Read the full article
MNK Group appoints Daniel Ferguson as Group Treasury Director
2nd February 2026
MNK Group, the independent global group of insurance companies, has announced the appointment of Daniel Ferguson to the newly created role of Group Treasury Director. In this role, Ferguson will establish a dedicated treasury function, with the aim of enhancing financial acumen, strengthening market resilience, and enabling continued growth. He will ... Read the full article
Buyers’ market to persist through 2026, some to seek additional reinsurance: Gallagher
30th January 2026
A buyers' market is anticipated to continue throughout this year, and while some carriers are satisfied with the reinsurance programmes they secured during the January 1 renewal season, others are expected to look for additional protection later in 2026, J. Patrick Gallagher, Jr., Chairman and CEO of Gallagher, predicts. Following a ... Read the full article
Selective sees 64% net income increase in Q4‘25 and improved 93.8% CoR
30th January 2026
Selective Insurance Group has released its financial results for the fourth quarter of 2025, reporting a net income of $152.9 million, a 64% increase from $93.2 million in the same period in 2024. Operating income improved this quarter, growing 57%, to $156.2 million, compared to the $99.6 million in Q4 2024, ... Read the full article
Floods in Malawi and Mozambique trigger REPAIR’s parametric coverage
30th January 2026
The floods devastating Malawi and Mozambique have triggered the Regional Emergency Preparedness and Inclusive Access to Recovery (REPAIR) programme’s prametric trigger, resulting in a disbursement of over $22.3 million within seven business days to support urgent national flood response operations in the countries, enabling governments to mobilise immediate relief. As participating ... Read the full article
Aon designed & placed world’s first data centre reinsurance treaty, says CEO Case
30th January 2026
Global broking group Aon's Reinsurance Solutions team recently designed and placed the very first data centre specific treaty, and the company is actively engaged with other insurers as it continues to "innovative and lead" this "generational opportunity", President and CEO, Greg Case, said earlier today. The opportunities from the rapid advancement ... Read the full article
Private credit’s growth is accelerating M&A convergence and redefining deal strategies: PwC
30th January 2026
The global financial services sector is undergoing a major transformation, with the drive for increased scale and the growth of private credit being the main forces behind mergers and acquisitions (M&A), according to Christopher Sur, Global Financial Services Deals Leader, PwC Germany. According to the latest industry outlook from PwC, dealmakers ... Read the full article
Tysers appoints Marlena Truszczynska as Head of Shipping Claims
30th January 2026
Tysers, an independent Lloyd’s insurance broker, part of the Australian AUB Group, has appointed Marlena Truszczynska as Head of Shipping Claims, Marine & Aviation. This appointment aligns with Tysers’ long-term commitment to deliver exceptional claims service to clients. Truszczynska has extensive expertise, with over 11 years of experience. Her leadership, creativity, and ... Read the full article
SCOR partners with MGA Baobab Insurance to strengthen cyber capabilities
30th January 2026
Global reinsurer SCOR has partnered with German digital risks MGA Baobab Insurance, facilitated by the SCOR Syndicate at Lloyd’s, to expand capacity for Baobab’s “CyberSafe” offering, which provides companies with preventive and ongoing protection against cyber risks. The SCOR Syndicate at Lloyd’s has expanded Baobab Insurance’s underwriting capacity to companies in ... Read the full article
Gallagher Re sees 32% drop in cyber aggregate XOL rates amid oversupply
30th January 2026
Global reinsurance broking and advisory firm Gallagher Re has observed that an oversupply of capacity resulted in a cyber aggregate excess of loss (XOL) risk-adjusted rate (RAR) change of -32% at 1.1.2026. The data comes from the latest edition of the firm’s Cyber Rate Index, an updated version of the Cyber ... Read the full article
Aon’s Reinsurance Solutions posts 8% organic revenue growth for Q4’25
30th January 2026
Aon's Reinsurance Solutions division delivered organic revenue growth of 8% year-on-year to $379 million in the fourth quarter of 2025, as the global broking giant reports total revenue of $4.3 billion for the quarter, reflecting 5% organic revenue growth. Across the business, net income attributable to Aon shareholders rose by almost ... Read the full article
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