Reinsurance News
Clear Group strengthens leadership team with two senior executive appointments
3rd July 2026
Clear Group, an independent insurance and employee benefits group with operations across the UK and Ireland, has announced two senior executive appointments as the company continues to expand its leadership team in support of its long-term growth plans. The company has appointed Phil Williams as Group Chief Commercial Officer (CCO) and ... Read the full article
Hamilton Select names Mike Mulray as President and Daniel Tague as CUO
3rd July 2026
Hamilton Insurance Group, Ltd., a Bermuda-headquartered specialty insurance and reinsurance company, has announced the appointments of Mike Mulray as President of Hamilton Select and Daniel Tague as Chief Underwriting Officer of Hamilton Select. Hamilton Select is Hamilton's primary carrier for domestically placed US excess and surplus lines business. The leadership appointments ... Read the full article
Sidecar formation continued to increase in 2025 with total reserves exceeding $90bn: AM Best
3rd July 2026
The formation of sidecars experienced a significant increase in 2025, driven by strong annuity sales in the United States, according to a new report by credit rating agency AM Best. During this period, total reserves ceded to these entities rose to over $90 billion, a sharp increase from the $55 billion ... Read the full article
RGA appoints Maurice Tulloch to its Board of Directors
3rd July 2026
Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has announced the appointment of Maurice Tulloch to its Board of Directors, effective 1st July 2026. Tulloch brings extensive global leadership experience in the insurance sector. He most recently served as Group Chief Executive Officer of Aviva, where he ... Read the full article
Reinsurers expanded options, embraced flexible structures at US property mid-year renewals: Aon
3rd July 2026
Global professional services firm Aon says reinsurers were increasingly willing to offer more flexible structures and broader coverage options during the US property mid-year 2026 renewals, allowing insurers to enhance protection and make greater use of tailored reinsurance solutions as market conditions remained favourable for buyers. In its Reinsurance Market Dynamics ... Read the full article
PwC Bermuda promotes Damian Sealy to Partner
3rd July 2026
PwC Bermuda has announced the promotion of three new Partners, including Damian Sealy, who is also Head of Actuarial Services, where he advises insurers, reinsurers and captives on actuarial, risk and financial matters across audit and advisory engagements. Sealy joined PwC Bermuda in 2019 from PwC UK and leads PwC’s Actuarial ... Read the full article
Unlikely a floor will be found on reinsurance pricing in the near term: JP Morgan
3rd July 2026
Despite lower catastrophe claims in Q2 2026 providing a net positive for reinsurers' profitability, they are unlikely to halt declining reinsurance prices, according to JP Morgan. In fact, the bank expects pricing pressure to intensify, particularly as this year's Atlantic hurricane season is forecast to be lighter than average due ... Read the full article
Allianz Risk Transfer AG relocates headquarters from Liechtenstein to Switzerland
3rd July 2026
Allianz Risk Transfer AG (ART AG) has relocated its headquarters from Liechtenstein to Switzerland, following approval by the relevant authorities, the Liechtenstein Financial Market Authority (FMA) and the Swiss Financial Market Supervisory Authority (FINMA). The firm announced its decision to relocate approximately nine months ago, with the relocation effective July 1st, ... Read the full article
Kendle to lead Lockton’s new Construction and Design Practice
3rd July 2026
Independent insurance broker Lockton has announced the appointment of Matt Kendle as Head of its newly established Construction and Design Practice. The executive is joining Lockton from Marsh, brining over two decades of experience in construction and infrastructure insurance and brokerage to his new position. At Marsh, he most recently ... Read the full article
Swiss Re appoints Laura Perry as Head of Regional & Large Clients for UK and Ireland
3rd July 2026
Swiss Re, a global provider of reinsurance, insurance and risk transfer solutions, has announced the appointment of Laura Perry as Head of Regional & Large Clients for the UK and Ireland, with a focus on Property. The company highlighted Perry's strong relationships with clients and brokers, together with her extensive underwriting ... Read the full article
Malaysian Re’s CAB launches enhanced cloud-base platform
3rd July 2026
The Central Administration Bureau (CAB), established and managed by Malaysian Reinsurance Berhad (Malaysian Re), has officially launched CAB 2.0, marking the transition of its Central Administration Bureau Facultative (CABFAC) system from a legacy platform to a modern cloud-based system. According to Malaysian Re, the enhanced cloud-based version of its CABFAC system ... Read the full article
DUAL Europe appoints Frank Masteling as Managing Director of DUAL Benelux
3rd July 2026
DUAL Europe, the European arm of international underwriting agency DUAL Group, has appointed Frank Masteling as Managing Director of DUAL Benelux. In addition to his new responsibilities, Masteling will continue in his existing role as Head of European Trade Credit, reflecting DUAL Europe's continued investment in leadership and its long-term commitment ... Read the full article
Suncorp lifts main cat reinsurance cover for FY27
3rd July 2026
Australian insurer Suncorp has completed its core 2027 reinsurance renewal, securing catastrophe cover for losses between $500 million and $6.4 billion, alongside its previously announced 5-year aggregate reinsurance arrangement, which provides $800 million of protection annually, and up to $2.4 billion in total over the period. Despite continued catastrophe reinsurance ... Read the full article
Generali GC&C names Nuno Antunes as Global Head of Client & Broker Relationship Management
3rd July 2026
Generali Global Corporate & Commercial, part of Generali Group, has announced the appointment of Nuno Antunes as Global Head of Client & Broker Relationship Management. In his new role, Antunes will be responsible for leading the organisation’s client and broker relationship strategy at a global level, working closely with teams across ... Read the full article
Moody’s turns positive on Klapton Re
3rd July 2026
Zambia-based international reinsurer Klapton Reinsurance has been assigned an upgraded positive outlook by credit ratings agency Moody's Ratings, while the firm has also affirmed Klapton Re’s insurance financial strength ratings (IFSR) of Caa1. Moody’s explained that these changes reflect Klapton Re's increasing premium volumes and growing market presence as a smaller ... Read the full article
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