Reinsurance News
Ariel Re rolls out promotions across its Bermuda and London offices
24th March 2026
Global reinsurance business Ariel Re has announced several promotions across its Bermuda and London offices, reinforcing its “academy firm” approach as it continues to position itself as a place where re/insurance professionals can learn, grow, and build their careers. According to Ariel Re, this year’s promotions cover a range of roles ... Read the full article
Brit launches cargo consortium with capacity of up to $80m
24th March 2026
Specialty insurer Brit Group Holdings Limited has launched ‘BRIDGE’, a new cargo consortium offering line capacity of up to $80 million. According to Brit, the consortium is set to be one of the largest in the cargo market. The insurer explains that BRIDGE will address a range of broker and client ... Read the full article
Chaucer and Ceto partner to launch new marine MGA
24th March 2026
Global specialty re/insurance group Chaucer, and Ceto AI, a technology company specialising in predictive analytics for the maritime industry, have launched a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the agreement, Ceto is authorised to bind marine hull on behalf of Chaucer’s Lloyd’s syndicate, with additional ... Read the full article
OAK Global launches Horizon unit to target climate and technology risks
24th March 2026
OAK Global has unveiled a new cross-class strategic business unit, OAK Horizon, aimed at capturing underwriting opportunities at the intersection of climate and technology risk, backed by capacity from its existing Lloyd’s syndicates. OAK Horizon will reportedly adopt a systems-based underwriting approach, combining climate and technology considerations into portfolio construction. The unit ... Read the full article
Peak Re appoints Swiss Re’s Victor Kuk as CEO, Franz-Josef Hahn transitions to Special Advisor
24th March 2026
Hong Kong domiciled global reinsurance company, Peak Re, has hired Victor Kuk from Swiss Re to serve as its new Chief Executive Officer (CEO), taking over from Co-founder Franz-Josef Hahn, who transitions to Special Advisor after leading the firm for more than a decade. Subject to regulatory approval, Kuk will lead ... Read the full article
Relation acquires subsea and aquaculture specialist Chinook Insurance
24th March 2026
US insurance brokerage Relation Insurance Services has acquired the assets of Chinook Insurance Group, LLC, a commercial insurance brokerage that specialises in the subsea and aquaculture industries, among others. Based in Seattle, Washington, Chinook Insurance Group has additional expertise across directors and officers liability, employment practices liability, professional liability, cyber, and ... Read the full article
Pro Global expands Latin American operations to support growing demand
24th March 2026
Pro Global, a specialist adviser to the specialist insurance sector, is accelerating its expansion in Latin America through continued investment in its regional headquarters in Argentina. This growth reflects increasing adoption of outsourced and hybrid operating models among international and domestic carriers, brokers and managing general agents (MGAs). Pro Global has maintained ... Read the full article
AM Best confirms A- financial strength rating for GUNA Re
24th March 2026
Credit rating agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to GUNA Re (Cayman Islands), with the outlook for these ratings as stable. The ratings are underpinned by AM Best’s evaluation of GUNA Re’s robust balance sheet, adequate ... Read the full article
Ki adds Helen Rios as Active Underwriter for Syndicate 1618
24th March 2026
Algorithmic Lloyd’s digital follow platform, Ki, has appointed Helen Rios as an Active Underwriter for Syndicate 1618, effective March 2026, subject to regulatory approval. In her new role, Rios will report to Mark Allan, Chief Executive Officer of Ki, and join the firm's Executive Committee. Rios transitions into the role having served ... Read the full article
Canada Life finalises £30m buy-in with Phoenix Medical Supplies Pension Scheme
24th March 2026
Canada Life, a life assurance, pensions, and investment company, has completed a £30 million full-scheme buy-in for the Phoenix Medical Supplies Pension Scheme, safeguarding the future benefits of more than 145 pensioners and 80 deferred members. The transaction saw Barnett Waddingham take on multiple roles, serving as lead broker alongside its ... Read the full article
The Tennessee Department of Commerce & Insurance reports sixth straight year of captive insurance expansion
23rd March 2026
The Tennessee Department of Commerce & Insurance (TDCI), the state agency responsible for overseeing insurance, securities, and various business regulations in Tennessee, announced that 2025 marked its sixth consecutive year of growth in both active captive insurance cells and risk-bearing entities. “By combining responsible regulation, a modern captive insurance statute, and ... Read the full article
MSIG USA names Matt Thompson as South-Central Region Distribution Leader
23rd March 2026
MSIG USA, a specialty insurance provider offering a range of commercial and personal insurance solutions, has appointed Matt Thompson as South-Central Region Distribution Leader. In this role, Thompson will drive growth and strategic initiatives across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas, reporting to Joseph Fitzpatrick, Head of Distribution for MSIG USA. Thompson ... Read the full article
Insurance sector needs hybrid talent amid rapid automation: Aon’s Blain
23rd March 2026
With 97% of insurers accelerating automation — one of the highest rates across any sector — hybrid profiles are the future, however, the journey to this ideal is ongoing, Aon highlights in its latest industry analysis. As technology redefines the competitive landscape for talent, Louisa Blain, Head of Insurance for Human ... Read the full article
Chubb appoints new heads of Property and Casualty in Overseas General division
23rd March 2026
Global property and casualty insurer Chubb has announced two leadership appointments within its Overseas General (COG) division: Ben McGregor as Senior Vice President, Head of Commercial Insurance Property, and Alex Forman as Senior Vice President, Head of Commercial Insurance Casualty. The two executives immediately assume their new roles, and will report ... Read the full article
Starr completes IQUW deal, strengthens specialty re/insurance presence
23rd March 2026
Global investment and insurance organisation Starr has completed its acquisition of IQUW Group, creating a broader and more diversified specialty re/insurance platform with expanded capabilities in the London market, Bermuda, and UK retail motor. Through the IQUW acquisition, Starr said, it has strengthened its position in London and established its ... Read the full article
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