Reinsurance News

Ardonagh’s Orvia Underwriting appoints Carl van Lieshout as Head of Property, Netherlands

8th June 2026

Ardonagh’s pan-European managing general agent (MGA) platform, Orvia Underwriting, has appointed Carl van Lieshout as Head of Property for the Netherlands, effective June 1st, 2026 Orvia Underwriting was launched in January 2026, and has strengthened its underwriting, distribution, technology, and operational capabilities as it scales across European markets and business lines. van ... Read the full article

AXA XL promotes Simon Murray

8th June 2026

French insurer AXA’s property, casualty and specialty risk division, AXA XL, has promoted Simon Murray to Head of Aerospace, United Kingdom & Lloyd's and United States. In his new role, Murray will lead the firm's aviation and aerospace underwriting strategy across the three markets, supporting clients in a sector projected to ... Read the full article

Australia, New Zealand insurance councils sign MOU to tackle disaster costs

8th June 2026

The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) have signed a Memorandum of Understanding to establish a formal partnership, dubbed the Resilient Insurance Markets Initiative, to coordinate advocacy, share expertise, and build more resilient regional communities. The agreement formalises the informal trans-Tasman relationship into a ... Read the full article

Atrium appoints Marcus Hawkes as Head of Product Recall

8th June 2026

Atrium, a specialty insurer at Lloyd’s, has hired Marcus Hawkes as Head of Product Recall, effective Q4 2026, once he has completed his contractual obligations. In his new role, Hawkes will develop a book of Product Recall business with a focus on automotive manufacturing. Product Recall is Atrium’s new standalone class, enhancing ... Read the full article

Novacore adds Euclid Design Underwriters to PUA programme

8th June 2026

Novacore, an independent specialty insurance provider, has added Euclid Design Underwriters, LLC to its Professional Underwriters Agency (PUA) programme. Euclid Design Underwriters is a specialised managing general agent focused on errors and omissions (E&O) coverage for architects, engineers, and design professionals. The addition expands PUA’s capabilities in architects and engineers (A&E) professional ... Read the full article

Bishop Street Underwriters appoints Karman Chan as CFO

8th June 2026

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has announced the appointment of Karman Chan as Chief Financial Officer (CFO). Chan will serve as a member of Bishop Street’s leadership team and work closely with the CEO and President to drive strategic decision-making, anticipate the financial and operational needs of ... Read the full article

AI and tech investment to drive next phase of growth for insurance brokers, says Moody’s Ratings

5th June 2026

Artificial intelligence (AI) and technology investment are expected to become increasingly important drivers of productivity and profitability for insurance brokers, according to Moody’s Ratings, the global credit ratings, research and risk assessment agency. While the sector is facing a period of slower growth as insurance pricing softens and economic conditions become ... Read the full article

Swiss Re appoints Etherington as Head of Underwriting, L&H, Hong Kong & Taiwan

5th June 2026

Global reinsurer Swiss Re has appointed Hazel Etherington as Head of Underwriting, Life & Health, for Hong Kong & Taiwan and Global High Net Worth. Etherington brings nearly 40 years of experience in the life and health insurance industry, with leadership roles spanning underwriting, operations, claims, distribution, and business transformation across ... Read the full article

Admiral Group completes £80m acquisition of Flock

5th June 2026

Admiral Group, a UK-based insurance company, has completed the acquisition of Flock, a digital commercial fleet insurance provider, for £80 million, broadening its motor offering. The deal, first announced on February 12, 2026, integrates Flock’s advanced technology into Admiral’s telemetry fleet insurance proposition. Flock’s team will also form an important part ... Read the full article

AXIS Capital promotes Christina Geller as Head of Wholesale Financial Lines, NA

5th June 2026

AXIS Capital Holdings Limited, a Bermuda-based global insurer and reinsurer, has promoted Christina Geller to Head of Wholesale Financial Lines in North America (NA). In her new role, Geller reports to John Van Decker, Head of Global Financial Lines. Additionally, she will develop and deliver the strategy for long-term profitable growth ... Read the full article

Sompo enhances casualty treaty reinsurance with new SVP appointment

5th June 2026

Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Thierry Grieder as SVP, Head of Casualty Treaty Reinsurance for Continental Europe, MEA and LATAM. Grieder brings over a decade of market experience to his new position, having most recently served as SSenior ... Read the full article

EPIC names James Pierce as Chairman of Natural Resources practice

5th June 2026

EPIC Insurance Brokers & Consultants (EPIC), a national insurance brokerage and consulting firm, has announced the appointment of James R. Pierce as Chairman within its Natural Resources practice. In this role, Pierce will further strengthen the practice’s capabilities, support the recruitment of senior talent, and help deliver tailored risk and insurance ... Read the full article

PV insurance market can expect further ‘significant claims’ as Middle East conflict persists: Selwyn, Antares

5th June 2026

The political violence (PV) insurance market faces intensifying pressure in the Middle East with escalating military actions threatening to disrupt commercial operations, leading to further "significant claims" from Gulf states as PV business written before late February remains on risk, warns Antares' Wesley Selwyn. In a recent commentary, Selwyn, Class Underwriter ... Read the full article

Larrondo joins MDS Group’s Marine Insurance business as Global Director

5th June 2026

The MDS Group, part of The Ardonagh Group, has announced the appointment of Adrián Larrondo as Global Director of its Marine Business, a Madrid-based role. Larrondo will leverage his more than three decades of international experience in the maritime and insurance sectors, to lead the international development of this business line. He ... Read the full article

CCRIF lifts coverage 9% to $1.57bn for current policy year as membership expands

5th June 2026

Ahead of the annual hurricane season, CCRIF SPC, formerly the Caribbean Catastrophe Risk Insurance Facility, said it has expanded coverage to $1.57 billion for the current policy year, from $1.44 billion a year earlier, driven by a 17% increase in coverage across its Caribbean portfolio and an 18% increase in ... Read the full article