Reinsurance News

Incline P&C Group enhances partnership with Accelerant

2nd July 2026

Incline P&C Group, the premier insurance programme market services firm, has entered into an expanded partnership with Accelerant, a data-driven risk exchange platform for the specialty insurance market. As part of the agreement, Incline will serve as a fronting carrier for over $500 million in annual gross written premiums across Accelerant's ... Read the full article

AIG Japan appoints Umeda as Vice Chairman as Shimoyama transitions to Senior Advisor

2nd July 2026

American International Group, Inc. (AIG), a global insurer and reinsurer, has appointed Koki Umeda as Vice Chairman of AIG Japan, succeeding Hirofumi Shimoyama, who will transition to the role of Senior Advisor, effective July 1st, 2026. Umeda has over three decades of global insurance experience and a strong track record of ... Read the full article

Property cat market softening persists in Australia and New Zealand at July 1: Gallagher Re

2nd July 2026

The property catastrophe reinsurance market in Australia and New Zealand continued to soften at the "relatively late" 1 July renewals, according to Gallagher Re's First View, A Moment for Creativity – July 2026 Renewal Report. Gallagher Re, the reinsurance broking and advisory business of Arthur J. Gallagher, says abundant capacity, subdued ... Read the full article

Flood Re sets out reform programme to update flood insurance ahead of next decade

1st July 2026

Flood Re, the UK government-supported reinsurance scheme created to improve access to affordable flood insurance for households at higher risk, has set out a series of reforms to mark its tenth year of operation. The organisation says the changes are intended to keep insurance affordable and workable for the long term ... Read the full article

VIG Re obtains regulatory approval for APAC Representative Office in Singapore

1st July 2026

VIG Re, the reinsurance arm of Vienna Insurance Group, has received the required regulatory approval from the Monetary Authority of Singapore (MAS) and fulfilled applicable requirements to establish its Representative Office in Singapore. As previously reported, the office will be led by Wilfrid Goh, who has been appointed Chief Representative ... Read the full article

Primary insurers to bear the brunt of Q2’26 loss events: Goldman Sachs

1st July 2026

New analysis from Goldman Sachs on Q2 2026 catastrophe events, drawing on data from insurance brokers and catastrophe modelling firms, estimates global insured catastrophe losses at approximately $24 billion, with primary insurers expected to absorb the majority of the impact. According to the firm, the $24 billion Q2 2026 estimate represents ... Read the full article

Intact Insurance appoints Rory Meleniclis as Chief Information Officer

1st July 2026

Intact Insurance has announced the appointment of Rory Meleniclis as Chief Information Officer. In his new role, Meleniclis will lead the next phase of Intact's technology evolution across its global specialty lines business, focusing on strengthening core systems, advancing cloud capabilities, and enabling faster, more data-driven decision-making. He will work closely with ... Read the full article

Record $790bn reinsurance capital underpins softer mid-year renewals: Aon

1st July 2026

Global professional services firm Aon has revealed that insurers secured double-digit pricing reductions and improved terms and conditions on their property catastrophe reinsurance placements during the June 1 and July 1, 2026, renewals, as record levels of reinsurance capital created greater flexibility for cedants seeking more tailored reinsurance solutions. According to ... Read the full article

Dominican Republic integrates parametric insurance into adaptive social protection system

1st July 2026

The Dominican Republic has become the first country in Latin America and the Caribbean to integrate parametric insurance into its adaptive social protection system. The solution was developed through the Tripartite Agreement, a public-private partnership between the Insurance Development Forum (IDF), the United Nations Development Programme (UNDP), and the German ... Read the full article

Kingstone lifts cat XoL reinsurance limit to $500m with 15%+ cost reduction

1st July 2026

Kingstone Companies, Inc., a regional property and casualty insurance holding company, managed to cut the cost of its core catastrophe excess of loss (XoL) reinsurance coverage by over 15% for 2026/2027, despite purchasing more limit, improving terms, and adding the wildfire peril to its programme. Mid-year reinsurance renewal reports and commentary ... Read the full article

AIG appoints Nancy Bewlay as Global CUO

1st July 2026

Global insurance carrier American International Group, Inc. (AIG) has hired Nancy Bewlay from AXA Group to serve as its new Executive Vice President (EVP) and Global Chief Underwriting Officer (CUO), based in New York, reporting to Eric Andersen, President and Chief Executive Officer of AIG. Bewlay joins AIG's Executive Leadership Team ... Read the full article

TFP’s Pine Walk launches Bermuda-based MGA focused on US SME casualty reinsurance

1st July 2026

The Fidelis Partnership's (TFP) specialist MGA platform Pine Walk has launched Adroit Underwriting Limited, a new Bermuda-based MGA focused on US small and medium enterprise (SME) casualty reinsurance. The new business will be led by Jeff Markowski as CEO & CUO, who holds more than 20 years of US casualty treaty ... Read the full article

Howell succeeds Kellers as Liberty’s head of claims, UK & MENA

1st July 2026

Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, has announced the appointment of Sarah Howell as head of claims, UK & MENA, effective 1 July 2026. Howell is succeeding Scott Kellers, who left the business in April 2026, and will be reporting to Mike Gillett, chief claims officer, Liberty International ... Read the full article

Willis enhances CyMax cyber insurance facility for SMEs and mid-market businesses across EMEA

1st July 2026

Willis, the global risk advisory, insurance broking and consulting business that forms part of WTW, has announced the expansion of its CyMax Facility, a primary and excess cyber insurance solution for small and medium-sized enterprises (SMEs) and mid-market businesses throughout Europe, the Middle East and Africa (EMEA). Developed with insurer partners ... Read the full article

Munich Re appoints Thomas Wilde as Client Executive for Israel & Maghreb region

1st July 2026

Global reinsurer Munich Re has announced the appointment of Thomas Wilde as Client Executive for Israel and the Maghreb region, effective 1st July 2026. Wilde brings 35 years of international industry experience, combining deep underwriting expertise with a strong, people-focused leadership approach. Since joining Munich Re in 1988, he has made significant ... Read the full article