Reinsurance News
Lancashire grew reinsurance premiums 8% in 2025
5th March 2026
Bermuda-based Lancashire Insurance Holdings grew premiums across its reinsurance segment by 8.1% year-on-year to $1.2 billion in the 2025 financial year, with each pillar contributing to growth, as Group profit after tax decreased by 9% to $293.4 million amid higher costs from weather and large loss events. Across the business, gross ... Read the full article
AI deployment in early stages, underwriters cautious on data centre opportunity, say analysts
5th March 2026
At the 2026 Association of Insurance and Financial Analysts (AIFA) conference, Autonomous analysts noted that AI adoption in insurance is still in its early stages, and also highlighted the strong interest in data centres, though underwriters remain cautious about aggregation exposure, limiting near-term growth potential. During the conference, analysts from Jefferies, ... Read the full article
Chubb promotes Richard Bracken to Head of Strategic Partnership Development
5th March 2026
Large US insurer Chubb has announced the promotion of Richard Bracken to Head of Strategic Partnership Development, APAC, Japan and International Digital, effective 1st March 2026. Bracken’s role has been expanded from his previous position as Regional Head of Consumer Partnerships, where he sourced strategic partnerships for Chubb in Asia Pacific, ... Read the full article
Ascot introduces “Ascot Guard” global security insurance solution
5th March 2026
Ascot, a specialty insurance and reinsurance provider, has introduced Ascot Guard, a worldwide security insurance solution created to provide broad protection for organisations and private individuals operating at home, internationally, and in high-risk or complex settings. Ascot Guard is tailored to serve a diverse client base across sectors such as Energy ... Read the full article
QBE Canada promotes Scott Pidduck to General Manager
5th March 2026
QBE, an international insurer and reinsurer, has announced the promotion of Scott Pidduck to the newly created role of General Manager for Canada, effective 1st April 2026. The General Manager role replaces the previous role of Director of Canada, which led the Canadian business. Based in Toronto, Pidduck will report to Kevin ... Read the full article
Brokerslink appoints Everywhen as UK employee benefits partner
5th March 2026
Broking group Brokerslink has reinforced its international footprint by welcoming Southampton-based employee benefits specialist Everywhen as its newest partner in the United Kingdom. This partnership enhances Brokerslink’s employee benefits offering across the UK, pairing Everywhen’s local market knowledge with the strength and reach of a worldwide broking network. Established in 2005, Everywhen ... Read the full article
Volt Underwriting expands energy team with senior power hire
5th March 2026
Volt Underwriting, a managing general agent (MGA) that serves clients and brokers in the energy sector, has bolstered its Power and Renewable Energy division by appointing Rebecca Friel as Senior Power Underwriter. Friel brings two decades of experience from Travelers, where she most recently held the role of Senior Underwriter in ... Read the full article
Reinsurers largely in agreement that cat pricing will decline into 2027 absent a major event, say analysts
4th March 2026
Reinsurers at the 2026 annual conference of the American Insurance & Financial Analysts (AIFA) were broadly aligned that catastrophe pricing is likely to continue declining into 2027 unless a materially larger loss event disrupts capital. Analysts from Goldman Sachs, the investment bank and financial services firm, reports that brokers and carriers ... Read the full article
Berkshire Hathaway (BHSI) promotes Portbury as President, AME & CEO, Hong Kong
4th March 2026
Berkshire Hathaway Specialty Insurance (BHSI), an insurer offering commercial property, casualty, and specialty coverage, has appointed Marcus Portbury in dual roles as Regional President, Asia Middle East (AME), and Chief Executive (CEO) of the Hong Kong Branch, subject to regulatory approval. Portbury will continue to be based in Hong Kong, and ... Read the full article
Aon’s NFP launches Group Captive practice through acquisition of Trinity Risk Advisors
4th March 2026
NFP, an Aon company and property and casualty (P&C) broker and benefits consultant, has established its P&C Group Captive practice through the acquisition of Trinity Risk Advisors, LLC, a Charlotte, N.C.-based captive brokerage firm. Alan Wise, Founder and President of Trinity Risk Advisors, will lead the P&C Group Captive practice as ... Read the full article
Willis Re hires Credit, Surety and Political Risk expert James Loggie
4th March 2026
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced that James Loggie will join the firm once he's completed his obligations to his previous employer. Loggie has over 25 years of experience in credit, surety and political risk, having worked extensively with major ... Read the full article
QBE launches primary insurance offering in Bermuda
4th March 2026
QBE, an international insurer and reinsurer, has announced the launch of its primary insurance offering in Bermuda as part of its International Markets business. The offering will initially focus on Property and Excess Casualty, lines that are often best served through the Bermudian market. Both portfolios will be underwritten in accordance ... Read the full article
Sinead Cormican named CUO of Hamilton Global Specialty
4th March 2026
Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced the appointment of Sinead Cormican as Chief Underwriting Officer (CUO) at Hamilton Global Specialty, its London-based underwriting platform. Cormican succeeds Miles Osorio, who will retire at the end of June 2026 after more than a decade at Hamilton. In her new ... Read the full article
Businesses brace for plausible ‘Black Swan’ shocks amid geopolitical and digital strains: Allianz
4th March 2026
Allianz Commercial, the corporate insurance division of Allianz Group, has released new findings indicating that companies worldwide are increasingly factoring extreme but plausible “Black Swan” events into their strategic planning. In its latest analysis, Allianz Commercial describes Black Swans as rare and unforeseen incidents that cause significant economic disruption and long-term ... Read the full article
AM Best reports gradual erosion in capital quality across US L/A market
4th March 2026
According to a newly released study by the credit rating agency AM Best, the US life and annuity (L/A) insurance sector continues to demonstrate overall financial strength, yet the composition of its capital base is becoming less robust. The agency attributes this shift to insurers’ increasing reliance on softer forms of ... Read the full article
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