Reinsurance News
IKEA gets its reinsurer Ikano Re rated by AM Best
7th July 2026
Credit ratings agency AM Best has assigned Switzerland-based Ikano Re AG a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent), with a stable outlook. The founding family of the global retail store brand, IKEA, is the majority owner of Ikano Re. The reinsurer provides reinsurance ... Read the full article
A shared understanding of risk is key to building resilience: Swiss Re’s Lot
7th July 2026
As European temperatures break records, a number of players need to work together to build climate resilience, with the insurance and reinsurance industry acting as a “translator of risk” to help unite fragmented adaptation efforts, CUO P&C Re Gianfranco Lot highlighted at Swiss Re’s first Swiss Resilience Day. The summit, held ... Read the full article
AXA XL adds Rodliff as Chief Claims Officer, Americas as DiVirgilio retires
7th July 2026
AXA XL, the property, casualty and specialty risk division of AXA, has appointed Matt Rodliff as Chief Claims Officer, Americas, effective July 13th, 2026, based in Boston. Rodliff succeeds Jim DiVirgilio, who has chosen to retire at the end of July. He will continue to serve in an advisory role through ... Read the full article
UK financial services M&A deal value up eightfold in H1’26 to £33.7bn: EY
7th July 2026
A new analysis of the United Kingdom (UK) financial services sector conducted by EY Financial Services reveals that in the first half of 2026, M&A transactions rose significantly, with a 25% year-on-year increase in announced or completed deals, marking an eightfold increase in deal value. In H1’26, total disclosed value for ... Read the full article
Tareq Hussein named CEO of MENA RE
7th July 2026
Tareq Hussein has been appointed Chief Executive Officer (CEO) and Senior Executive Officer (SEO) of MENA RE, a fully owned subsidiary of Doha Insurance Group ( DIG) established at the Dubai International Financial Centre (DIFC). Hussein has been part of MENA RE for a decade, having joined the company as an ... Read the full article
Aon names Bob Reville Senior MD, Casualty Catastrophe Market Leader for Risk Capital
6th July 2026
Aon, a global professional services company that provides risk, retirement and health solutions to organisations worldwide, has announced the appointment of Bob Reville as Senior Managing Director, Casualty Catastrophe Market Leader within Aon's Risk Capital business, effective from 15 July. Reville will bring extensive experience in casualty modelling and predictive analytics ... Read the full article
Autonomous sees slower commercial pricing, mixed growth signals for US P&C insurers
6th July 2026
Autonomous, an independent investment research firm, expects the second-quarter 2026 earnings season for US property and casualty (P&C) insurers to centre on slowing commercial insurance pricing, the balance between profitability and growth in personal lines, and the ability of insurance brokers to maintain organic growth in a softer market environment. The ... Read the full article
Niyam adds Ritesh Shah as Director, Engineering and Construction
6th July 2026
Niyam Group, an Indian-focused reinsurance platform, has appointed Ritesh Shah as Director of Engineering and Construction. Shah brings the depth to write complex, large-scale risks, which is what is currently required for India's infrastructure ambition, explained the firm. Most recently, he spent nearly 14 years at industry giant Swiss Re in senior ... Read the full article
GSSP funding to strengthen SEADRIF climate and disaster risk finance across Southeast Asia
6th July 2026
The Global Shield Solutions Platform (GSSP) is providing support to the Southeast Asia Disaster Risk Insurance Facility Insurance Company (SEADRIF) to expand Climate and Disaster Risk Finance and Insurance (CDRFI) capabilities across the region. This collaboration aims to assist member nations in enhancing their resilience and response strategies for climate-driven events. With ... Read the full article
AIG names Christine Williams as Head of Global Client and Broker Relationships
6th July 2026
American International Group, Inc. (AIG), a US-based insurance company operating internationally across general insurance and risk solutions, has announced the appointment of Christine Williams as Head of Global Client and Broker Relationships, effective 1 September 2026. Williams will report to Jon Hancock, Executive Vice President and Chief Executive Officer of General ... Read the full article
Fortitude Re and Unum sign $3.8bn long-term care reinsurance agreement
6th July 2026
Global reinsurer Fortitude Re has signed a $3.8 billion long-term care (LTC) reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (FRL) and Unum Life Insurance Company of America (Unum), a subsidiary of Unum Group. Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary closing conditions, ... Read the full article
Mid-year 2026 casualty reinsurance demand flat as favourable pricing conditions persist: Aon
6th July 2026
Aon, a global professional services firm providing risk, retirement and health solutions as well as reinsurance brokerage and advisory services, reports in its Reinsurance Market Dynamics Report for the mid-year 2026 renewals that casualty reinsurance demand remained broadly flat, while pricing conditions stayed favourable across both US and international markets ... Read the full article
Diego Cervantes-Knox to lead Ocean Re as Group CEO
6th July 2026
Barbados-headquartered reinsurer, Ocean International Reinsurance (Ocean Re), has promoted Diego Cervantes-Knox to Group Chief Executive Officer (CEO), effective July 2nd, 2026, subject to regulatory approvals. Cervantes-Knox joined the reinsurer in 2025 as its Chief Operating Officer (COO). "My focus will be on our people and our clients. Ocean Re is ... Read the full article
Ryan Specialty Underwriting Managers finalises Lloyd’s consortium support for delegated underwriting portfolio
6th July 2026
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, a global specialty insurance services provider listed on the New York Stock Exchange, has completed arrangements for a series of Lloyd's of London consortium stamps to support its global syndicated property and casualty (P&C) delegated underwriting portfolio. The company ... Read the full article
Athene appoints Larik Hall as SVP and Head of Japan
6th July 2026
Athene, a retirement solutions company and subsidiary of Apollo Global Management, Inc., has announced the appointment of Larik Hall as Senior Vice President and Head of Japan. Based in Japan, Hall will lead Athene's growth strategy to accelerate the expansion of retirement solutions in the country. He brings more than 30 years ... Read the full article
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