Reinsurance News
Relation Insurance Services expands Specialty Practice with senior hires
29th June 2026
Relation Insurance Services, an insurance brokerage firm, has confirmed the appointment of Matthew Schott, Kevin Smith, Courtney Maugé, Jonathan Franznick and Scott Moseley to its Specialty Practice. The company says the group brings extensive sector knowledge and leadership experience across specialist insurance areas, supporting clients managing complex risks including management and ... Read the full article
Global property cat rates down 16% as softening extends into July renewals: Guy Carpenter
29th June 2026
Guy Carpenter's July 2026 reinsurance renewal report has revealed that risk-adjusted decreases have deepened since January 1 in some cases, with the global property catastrophe rate on line (ROL) remaining down by around 16%. The firm attributed the trend to benign loss activity, ample reinsurer capacity and strengthening risk appetite, which ... Read the full article
QBE names Karlowski as COO & Chan as Head of Data, Analytics and Al, Asia
29th June 2026
International insurer and reinsurer QBE has appointed Patrick Karlowski as Chief Operating Officer (COO), Asia, effective June 29th, 2026. Simultaneously, Florence Chan has been appointed as Head of Data, Analytics and AI, Asia, effective July 13th, 2026. Both appointments are based in Hong Kong. In his new role, Karlowski succeeds Klaas Dijkstra, ... Read the full article
Economic uncertainty stalling US energy transition investment: Beazley
29th June 2026
73% of US executives say economic uncertainty is hindering investment in the energy transition, according to Beazley’s latest Spotlight on Energy Transformation 2026 finds. This comes as escalating tensions in the Strait of Hormuz are heightening energy security fears, while the rapid growth of energy-intensive technologies underscores the pressing need for ... Read the full article
Thierry Porté and Jonathan Cox join Niyam’s Board
29th June 2026
Thierry Porté, Managing Director & Vice Chairman, J.C. Flowers & Co., and Jonathan Cox Managing Director, J.C. Flowers & Co., have joined the Board of Directors of Niyam Group, an Indian-focused reinsurance platform. Porté and Cox bring decades of experience investing in and building leading businesses around the world through J.C. ... Read the full article
AM Best upgrades W. R. Berkley and subsidiaries’ Issuer Credit Ratings
29th June 2026
AM Best has announced that it has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), along with all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley). AM Best has also upgraded the Long-Term ... Read the full article
Sompo’s Reid succeeds Fraccalvieri as Aon’s EMEA CEO of Fac Reinsurance
29th June 2026
Aon, a major global professional services and consulting firm, has announced the appointment of industry veteran Mike Reid as EMEA CEO of Facultative Reinsurance, effective July 1, 2026. Based in London, the executive will report to both Tomas Novotny, EMEA CEO and International Chairman for Reinsurance, and Nick Fraccalvieri, the Global ... Read the full article
Demex launches “first-of-its-type” winter storm reinsurance product
29th June 2026
Demex, a technology-enabled reinsurance solution provider, has announced a new winter storm product, to protect primary carriers from losses caused by unexpected storms, cold temperatures, and heavier than usual snowfall. Described as the first-of-its-type, this new reinsurance solution is based on Demex’s successful working-layer, aggregate reinsurance solution for severe convective storm ... Read the full article
Dave Draper named CUO for UK and Active Underwriter of Syndicate 1221
29th June 2026
US-based insurer The Hartford has appointed Dave Draper as the Chief Underwriting Officer for the UK and Active Underwriter at The Hartford Underwriting Agency, Ltd - Syndicate 1221, subject to regulatory approvals. In a statement, Carl Bach, III, Chief Executive Officer, Hartford Underwriting Agency, Ltd. - Syndicate 1221, said, "I’m pleased ... Read the full article
Sixth Street to acquire majority stake in Monument Re
29th June 2026
Sixth Street, a global investment firm, has announced that investment vehicles it manages or advises have entered into a definitive agreement to acquire a majority stake in Monument Re, a life insurance and reinsurance holding company. The transaction, expected to close by the end of 2026, is subject to regulatory approvals ... Read the full article
Soft market conditions persist at mid-year supported by capital growth and product innovation: Guy Carpenter
29th June 2026
In its July 2026 reinsurance renewal report, Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has suggested that abundant capacity and growing reinsurer appetite kept the global property reinsurance market competitive at the mid-year renewals, with attractive terms and coverage options encouraging buyers to explore ... Read the full article
ICMR introduces monthly NAV delta tracking for Lloyd’s market investors
29th June 2026
Insurance Capital Markets Research (ICMR), an independent research and analytics firm specialising in insurance capital markets, has introduced an enhancement to its investor reporting for the Lloyd’s market. The company has developed a capability to monitor the monthly Net Asset Value (NAV) delta across the Lloyd’s market as a whole, offering ... Read the full article
Dorothee Melis-Moutafis named Head of Global Clients for Guy Carpenter
29th June 2026
Guy Carpenter, a global reinsurance broker and Mash business, has announced the appointment of Dorothee Melis-Moutafis as Head of Global Clients. In her new position, Melis-Moutafis will focus on helping clients navigate complexity with coordinated, high-quality support across markets, bringing together the right expertise and insights to inform risk and reinsurance ... Read the full article
AI’s most immediate value is helping underwriters see portfolios more clearly, says Mandarin Re’s Grishin
29th June 2026
Mikhail Grishin, Chief Operating Officer at Malaysia-based reinsurance company Mandarin Re, suggests one of the biggest values of artificial intelligence (AI) in reinsurance is its ability to provide greater clarity over underwriting portfolios, enabling firms to identify where underwriting time is best spent and improve the speed and quality of ... Read the full article
F&G Annuities & Life makes several changes to executive leadership
29th June 2026
Chris Blunt, the Chief Executive Officer (CEO) of F&G Annuities & Life, Inc., an insurer serving retail annuity, life, and institutional clients, will retire to focus on his roles as a Director of F&G and CEO of subsidiary Peak Altitude Equity, LLC. As a result, Conor Murphy, current President and Chief ... Read the full article
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