Reinsurance News
João Mendonça joins Acrisure Portugal as CEO
11th February 2026
Acrisure Portugal, part of global fintech firm Acrisure, has appointed João Mendonça as its new Chief Executive Officer (CEO), effective immediately. Mendonça brings more than 25 years of experience in the insurance sector to the role. He most recently served as General Manager of Howden Portugal, a position he held since 2020. Before ... Read the full article
Everspan names new President and General Counsel to support growth
11th February 2026
Everspan Group, a specialty property and casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has announced two leadership appointments designed to advance the company’s next stage of expansion. Darwin Lucas has stepped into the role of President, succeeding Steve Dresner. Nicole Crowley has also been appointed General ... Read the full article
PIC closes £155m buy-in for Vistry’s Final Salary Pension Schemes
11th February 2026
Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has completed a £155 million buy-in with the Trustee of Vistry’s Final Salary Pension Schemes, covering the pensions of 1,671 members. The transaction covers the Bovis Homes Pension Scheme, Galliford Try Final Salary Pension Scheme, and Kendall Cross ... Read the full article
I-RE bolsters Bermuda leadership team with senior changes
11th February 2026
Specialist captive insurance and reinsurance underwriter I–RE has strengthened its leadership team in Bermuda, appointing Simon Long as Managing Director of I–RE Ltd and Charles Kittrell to Underwriting Operations. As Managing Director, I–RE said Long will be central to the continued development of the Bermuda team, playing a key role in ... Read the full article
AIG’s GI underwriting income rises 48% in Q4’25
11th February 2026
Global insurer American International Group, Inc. (AIG) reported that its General Insurance (GI) underwriting income rose 48% year-over-year to $670 million in the fourth quarter of 2025, up from $454 million in the same period in 2024. The increase was driven by lower catastrophe-related charges of $125 million, representing 2.1 loss ... Read the full article
Chaucer and Armilla AI introduce Vanguard AI to streamline cyber, technology and AI liability protection
11th February 2026
Chaucer Group, the specialty re/insurance group, has partnered with Armilla AI, a specialist in AI liability insurance and risk assessment, to introduce Vanguard AI, a unified insurance solution developed to manage cyber, technology and AI-related liabilities within a single, structured framework. Vanguard AI integrates Chaucer’s primary cyber and technology errors & ... Read the full article
AmTrust International launches Australia branch insurer
11th February 2026
AmTrust International, a global specialty insurer and subsidiary of AmTrust Financial Services, Inc., has strengthened its presence in the Australian market with the launch of its APRA licensed entity ‘AmTrust Specialty Limited’ in the country. The insurer’s decision to establish a licensed presence in Australia is a key part of its ... Read the full article
Toa Re Europe & French mutual reinsurer MCR enter multi-year quota share reinsurance agreement
11th February 2026
French mutual reinsurance company, Mutuelle Centrale de Réassurance (MCR) and Toa Re Europe, the European subsidiary of the Japanese reinsurer, have entered into a multi-year quota share reinsurance agreement, designed to strengthen the former's diversification and support the latter's growth plans. This strategic partnership enables a progressive scale-up over a three ... Read the full article
Radian Group adds Seraina Macia to its Board of Directors
11th February 2026
Radian Group Inc., a US-based company primarily known for mortgage insurance, has appointed Seraina Macia, an industry veteran, to serve on its Board of Directors. Macia brings over 35 years of experience and deep expertise in successfully transforming organisations, driving strategic growth, and building high-performing teams across the US, Europe, the ... Read the full article
Reinsurance margins under pressure but we still like the business: Arch CEO
10th February 2026
Bermuda-based Arch Capital Group Ltd.'s reinsurance arm delivered record underwriting income of $1.6 billion for the full year 2025, and while the firm saw property catastrophe rate declines between 10% and 20% at the January renewals, with additional pressure expected throughout 2026, CEO Nicolas Papadopoulo has emphasised that Arch still ... Read the full article
Novoa named Country President of Chubb in Panama and Central America
10th February 2026
US insurer Chubb has announced the appointment of Diego Novoa as Country President of Chubb in Panama and Central America, succeeding Xavier Pazmiño, who will take on the role of EVP Marine COG. Novoa brings over 19 years of experience in the financial services sector to his new position. During his ... Read the full article
Specialist Risk Group launches Australian business
10th February 2026
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has expanded its global footprint with the launch of its Australian business. SRG is positioning itself as an agile challenger focused on the mid-market, combining its global reach with a high-quality local team that brings long-standing relationships and ... Read the full article
Lockton adds Chandra and Park as People Solutions leaders in Asia
10th February 2026
Global insurance broker Lockton has appointed Subhash Chandra as Head of Life & Health Reinsurance – People Solutions, Asia, and Julian Park as Head of People Solutions, South Korea. The two appointments, which are effective February 9th, 2026, align with the broker’s commitment to expand and enhance its People Solutions capabilities ... Read the full article
Analysts flag broker selloff as ‘overdone’ following OpenAI insurance app approval
10th February 2026
Following an insurance broker selloff earlier this week, widely attributed to our report that OpenAI approved the first AI app from an insurance provider on ChatGPT, several analyst firms weighed in on the roughly 9% average decline in the stock price. Many described the drop as “overdone” or an “overreaction”, with ... Read the full article
Parametrix strengthens cyber & digital infrastructure solutions with three new hires
10th February 2026
Parametrix, a provider of digital business interruption solutions, has announced the hire of three specialists that will support the accelerating demand for its cyber, contingent business interruption, and data centre insurance solutions. Due to high demand for new ways to manage cyber, technology downtime, and Service Level Agreement (SLA) exposure, Parametrix’s ... Read the full article
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