Reinsurance News
We aim to think globally but deliver locally in strategically important APAC region: AXA XL Re CEO
5th November 2026
In a recent Reinsurance News interview, Renaud Guidée, Chief Executive Officer of AXA XL Reinsurance, highlighted how the firm is approaching the Asia Pacific (APAC) region globally while delivering locally, emphasising the region’s strategic importance to the company. Guidée, speaking with Reinsurance News around the annual Singapore International Reinsurance Conference (SIRC), ... Read the full article
American Coastal’s GWP rises to $74.1m in Q3’26
5th November 2026
Florida-domiciled American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported a rise of 3.2% in total gross written premium (GWP) for the third quarter of 2026 to $74.1 million, compared to $71.8 million in Q3’25. GWP for the first nine months of 2026 dipped by 11.7% to ... Read the full article
TMK hires Marsh Re’s Hughes for Marine Underwriting role
5th November 2026
As part of its strategic growth plans for the Specialty Reinsurance team, Tokio Marine Kiln (TMK) has appointed Ed Hughes as Marine Reinsurance Underwriter. In his new position, Hughes will support the growth of the specialty marine reinsurance division and help further enhance ... Read the full article
Aon reports wider insurance buyer options as capacity grows and pricing eases
4th November 2026
Increased underwriting capacity and competition between insurers helped maintain favourable trading conditions across much of the global commercial insurance market in the third quarter of 2026, according to Aon, a global professional services firm providing risk management, insurance broking and advisory services. In its latest Global Insurance Market Insights report, the ... Read the full article
Data centres won’t move the needle on insurance sector top line: Autonomous
4th November 2026
Analysts at Autonomous said they do not expect the data centre trade to move the needle for the insurance sector, suggesting the opportunity set will add just ~1% to the overall commercial P&C market through 2030, despite the hype. In a recent report, analysts at Autonomous estimate that new premiums across ... Read the full article
AIG expects a ‘good balance’ between front-end pressures and reinsurance savings at 1.1, says CEO
4th November 2026
Eric Andersen, President and Chief Executive Officer (CEO) of global insurer AIG, expects the carrier to find a good balance between some of the front-end pressures in the property insurance space and the ability to save money on its reinsurance buying at the January 1 renewals. Following the release of ... Read the full article
Fairfax posts $524m P&C underwriting profit and CoR of 92.5% in Q3’26
4th November 2026
Fairfax Financial Holdings Limited’s property and casualty insurance and reinsurance companies produced solid underwriting results, reporting an undiscounted consolidated combined ratio of 92.5% and consolidated underwriting profit of $523.9 million. This compares with an undiscounted combined ratio of 92.0% and underwriting profit of $540.3 million in the third quarter of 2025. The ... Read the full article
Mercury reports 9% rise in DPW amid a net loss of $13.7m in Q3’26
4th November 2026
Mercury General Corporation, a property and casualty insurance provider, has reported a net loss of $13.7 million in the third quarter of 2026, compared with net income of $280.4 million in the same period a year earlier. Mercury’s net loss was driven by net realised investment losses, net of tax, of ... Read the full article
Lloyd’s restructures operating model to cut complexity and cost of doing business
4th November 2026
Lloyd’s is changing its operating model to reduce complexity and the cost of doing business in its market while maintaining world-leading standards of oversight, with Chief Executive Patrick Tiernan calling the changes an “important first step” towards removing unnecessary friction. According to the world's leading specialist insurance and reinsurance marketplace, this ... Read the full article
Protective completes Obsidian acquisition, establishing new specialty P&C business line
4th November 2026
Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates (Obsidian) from private equity firm Genstar Capital. The acquisition, initially announced back in April 2026, will establish a fifth business line for Protective, focused on specialty property ... Read the full article
APCIA focused on sustainable reinsurance capacity amid risk uncertainty: AXA XL Re’s Schiffer
4th November 2026
Greg Schiffer, Head of North America at global reinsurer AXA XL Re, said that one of the central themes at the APCIA Annual Meeting 2026 was how the industry can continue to provide sustainable capacity in a more complex and uncertain risk environment. In an interview with Reinsurance News following the ... Read the full article
WTW appoints Phil Traicus as Senior Director in Canadian insurance consulting business
4th November 2026
WTW, an international advisory, insurance broking and risk solutions provider, has confirmed that Phil Traicus has rejoined its Insurance Consulting and Technology (ICT) division as Senior Director. The appointment marks Traicus’s return to WTW following his tenure at Wawanesa Mutual Insurance Company, a major Canadian property and casualty insurer. During his time ... Read the full article
LMA CEO Sheila Cameron to step down in 2027 as search for successor gets under way
4th November 2026
The Lloyd’s Market Association (LMA) has revealed that Sheila Cameron, who has led the organisation as Chief Executive Officer since 2019, will step down from the role, continuing in her position into early 2027 to ensure an orderly and seamless transition before taking on a new advisory role in the ... Read the full article
PIB Group names Aviva executive David Martin as incoming Group CEO
4th November 2026
PIB Group, an international insurance intermediary specialising in insurance broking, managing general agents (MGAs) and other insurance services, has confirmed that David Martin will become its Group Chief Executive Officer in early 2027. Martin will move to the business from Aviva, where he currently holds the positions of Managing Director, UK ... Read the full article
Trackers are not for us. When the market softens you’ve got to underwrite: Lancashire CEO
4th November 2026
Lancashire Holdings' CEO Alex Maloney explained this morning that when the market is softening actively underwriting the portfolio is more important than ever, which is why he says broker follow facilities and trackers are not of interest to the company. Speaking during Lancashire Holdings' analyst call today after the release ... Read the full article
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