Reinsurance News

Scott Kreuzer joins PartnerRe as CEO P&C Americas

23rd March 2026

Bermuda-based reinsurer PartnerRe has announced the appointment of Scott Kreuzer, formerly of Aspen Insurance Group, as Chief Executive Officer (CEO) of P&C Americas. Kreuzer brings close to three decades of industry experience to the role, where he will be responsible for leading the company’s property and casualty operations across the region. Jon ... Read the full article

Everest to sell Canadian Retail Insurance operations to Wawanesa

23rd March 2026

Everest Group, a global specialty insurer and reinsurer, has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (Everest Canada), to The Wawanesa Mutual Insurance Company, a Canadian mutual insurer. The transaction is anticipated to close in the second half of 2026, subject to ... Read the full article

Berkley Insurance Asia announces key leadership moves within its Marine team

23rd March 2026

Berkley Insurance Asia has announced the appointment of Kenneth Cheong as Head of Marine, Asia, taking over the role from Lee Ju-Ann, effective 1 April 2026. As part of the leadership developments within Berkley Insurance Asia Marine team, Lee Ju-Ann will be taking on a newly created Senior advisory and Talent ... Read the full article

Prolonged Middle East conflict could stretch re/insurers’ loss exposure despite exclusions

23rd March 2026

A new report from Autonomous has suggested that direct insurance losses should remain relatively contained due to standard war and terror exclusions in many contracts, though the longer the conflict persists, and potentially expands, the greater the tail risk of events that could seep into losses for the re/insurance industry. Since ... Read the full article

Peter Babej joins Reinsurance Group of America’s Board of Directors

23rd March 2026

Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has appointed Peter Babej to its Board of Directors, effective April 1st, 2026. Most recently, Babej served as Chairman and Interim Head of Banking at Citigroup before retiring in 2024. Before this, he was the Chief Executive Officer (CEO) of ... Read the full article

NormanMax hires Blue Marble’s Alvaro Espinel Pardo to lead strategy & development in Latin & South America

23rd March 2026

NormanMax Insurance Holdings, a US domiciled parametric insurer and reinsurer, has hired Alvaro Espinel Pardo as a Vice President to lead its strategy and development in both Latin and South America. Espinel Pardo joins the company on March 23rd, 2026, and will report to Nick Griffiths, who joined the parametric re/insurer ... Read the full article

Fabienne Marsoner joins Gallagher Re as Broker, APAC Casualty FAC

23rd March 2026

Global reinsurance broker Gallagher Re has announced the appointment of Fabienne Marsoner as Broker, APAC Casualty FAC. Marsoner is joining Gallagher Re from Marsh, where she most recently served as Assistant Vice President - International Casualty Brokers During her time at Marsh she gathered extensive experience managing General Liability and Life Sciences ... Read the full article

Acrisure London Wholesale launches aviation division with leadership appointment

23rd March 2026

Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has moved into the aviation insurance sector with the launch of a dedicated specialist team. The development comes shortly after the firm introduced its construction division, highlighting its ongoing focus on building out expertise across targeted, high-value segments. From 16 March, Jonny ... Read the full article

Compre enters into £250m ADC transaction with European reinsurer

23rd March 2026

International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of approximately £250 million. The portfolio includes motor, engineering, and liability business, spanning assumed reinsurance underwriting years from 2018 to 2024. This ... Read the full article

Berkshire Hathaway’s NICO to acquire 2.5% stake in Tokio Marine

23rd March 2026

Berkshire Hathaway has entered into a comprehensive strategic partnership with Tokio Marine Holdings, Inc. (TMHD), under which its reinsurance business, National Indemnity Company (NICO), will acquire a 2.5% stake in the Japanese insurer. The new deal reportedly comprises the following three key elements: strategic equity investment in TMHD, collaboration in reinsurance, ... Read the full article

PartnerRe posts rise in net income to $2.1bn for FY’25

23rd March 2026

Bermuda-based reinsurer PartnerRe has reported net income of $2.10 billion for the full year of 2025 (FY’25), a distinct hike from $1.44 billion in FY’24, as the non-life segment reported an underwriting profit of $364 million, while life and health’s net allocated underwriting profit was $184 million. The reinsurer’s overall gross ... Read the full article

US life insurance premiums hit record $17.5bn in 2025: LIMRA

23rd March 2026

LIMRA, the research and consulting organisation supporting the insurance and financial services sector, reported that US individual life insurance new annualised premium climbed past $17.5 billion in 2025, establishing a new industry high. According to LIMRA’s individual life insurance sales survey, total new premium increased 10% compared with the previous year, ... Read the full article

QBE expands transactional liability in Asia with Reuben Lee appointment

23rd March 2026

Global insurer QBE has announced the appointment of Reuben Lee as Transactional Liability Lead for Asia, effective 19th March 2026. In this newly created role, Lee will provide strategic direction for underwriting the portfolio in Asia, focusing on growth and risk management in the merger and acquisition (M&A) insurance space. Based in ... Read the full article

IGI adds former Guy Carpenter MD Thomas A. Collett to its Board

23rd March 2026

International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has appointed Thomas A. Collett to its Board of Directors and to its Compensation Committee, effective March 19th, 2026. Additionally, David D. Anthony, who has served as a Director of the Board, Chair of its Compensation Committee and a ... Read the full article

Intelligent AI partners with Guidewire to integrate high-resolution property risk and rebuilt data

20th March 2026

Insurtech Intelligent AI has partnered with Guidewire, a property and casualty insurance platform, to bring high-resolution property risk data directly to insurers. The partnership will also enable insurers to rebuild cost data directly within Guidewire InsuranceSuite workflows. Intelligent AI, originally launched through Lloyd’s Lab and recognised as Guidewire Insurtech Vanguard, provides “best-in-class” ... Read the full article