Reinsurance News
Lemonade reduces quota share cession to 18%, expands cat protection at July 1 reinsurance renewal
30th June 2026
Lemonade, the digital insurance company powered by AI and social impact, opted to reduce its quota share cession to approximately 18% from 20% at its July 1 reinsurance renewal, meaning the carrier will retain a greater share of its expanding gross profit. Alongside the lower quota share cession for the 2026-2027 ... Read the full article
Justin Gress joins HDI Global US as COO
30th June 2026
HDI Global (HDI), a corporate and specialty insurer within the Talanx Group, has appointed Justin Gress as Chief Operating Officer (COO) of its US business. In his new role, Gress has been tasked with managing an extensive operational remit that includes product development, transformation, talent management, and the enhancement of data ... Read the full article
Kin reciprocals secure over $1.9bn of nat cat reinsurance at 25% lower cost
30th June 2026
Kin, the direct-to-consumer home and auto insurance company, confirmed today that its three reciprocal exchanges completed their reinsurance programmes at the June 1 renewal, securing more than $1.9 billion of coverage for natural catastrophe events, with a combined cost reduction of 25% below what was paid at the 2025 renewal ... Read the full article
Latin America attracting broader and more competitive reinsurance market: Howden Re
30th June 2026
Howden Re has suggested that the 1 July 2026 reinsurance renewal in Latin America completed in a market defined by abundant capacity, intensifying competition and a growing appetite for structural innovation, with property catastrophe excess of loss programmes seeing rate reductions in the range of 15% to 20%. At the 1 ... Read the full article
Pool Re launches TERRA to help policyholders manage terrorism risk across their property portfolios
30th June 2026
Britain’s largest terrorism reinsurer, Pool Re, has launched TERRA (Terrorism Risk and Resilience Assessment), designed to help policyholders assess and manage terrorism risk across their property portfolios. According to Pool Re, TERRA provides businesses with tailored insights by combining protective security guidance from the police and the National Protective Security Authority ... Read the full article
Rate reductions of up to 15% on loss-free business at Australia and New Zealand July 1 renewals: Howden Re
30th June 2026
Reinsurance broker Howden Re, part of broking group Howden, reports that rate reductions of 10% to 15% on loss-free business were broadly achieved at the July 1 reinsurance renewal in Australia and New Zealand (ANZ), as buyers of protection increased their vertical limit purchases. Howden Re's analysis reveals that some cedents ... Read the full article
WTW expands Nick Holmes’ placement leadership role to include CEEMEA
30th June 2026
WTW, a global advisory, broking and solutions company, has announced that Nick Holmes has taken on an expanded role within the organisation, adding responsibility for Placement across CEEMEA (Central and Eastern Europe, the Middle East, and Africa) to his existing role as Head of Placement for Western Europe. In his role ... Read the full article
Carbon Underwriting secures significant growth equity investment from FTV Capital
30th June 2026
Carbon Underwriting Limited, a delegated authority underwriting specialist with its own Lloyd’s syndicate, has signed an agreement for a significant growth equity investment from FTV Capital, a global sector-focused growth equity firm. The transaction was led by Mike Vostrizansky, Richard Earnshaw and Max Weber from FTV. Carbon said that the investment will ... Read the full article
Guy Carpenter expects reinsurance industry to generate ROE of 16.6% in 2026
30th June 2026
Guy Carpenter, the reinsurance broking arm of Marsh, expects reinsurers to continue delivering profitable returns in 2026, estimating that the reinsurance industry will generate a return on equity (ROE) of 16.6% for the year. Reported in its July 2026 Reinsurance Renewal Report, Guy Carpenter’s estimate of a 16.6% return on equity ... Read the full article
Euna strengthens healthcare underwriting team
30th June 2026
Specialist managing general agent (MGA) Euna has strengthened its healthcare underwriting team with the appointments of Sharon Brennan as Senior Healthcare Underwriter and Rosie David as Healthcare Underwriter, as the company continues to expand its medical malpractice offering in response to growing demand for specialist healthcare insurance. The appointments follow a ... Read the full article
Aon appoints Yue Yang as Managing Director, Cyber Solutions EMEA
30th June 2026
Aon, a global insurance and reinsurance broker and risk advisor, has announced the appointment of Yue Yang as Managing Director, Cyber Solutions EMEA. Yang brings more than 15 years of industry experience, with a background spanning cyber broking and management consulting. She joins Aon from Marsh, where she served as Head of ... Read the full article
Moody’s upgrades Munich Re’s IFSR to Aa2
30th June 2026
Credit ratings agency Moody's Ratings has upgraded the insurance financial strength rating (IFSR) to Aa2 from Aa3 and the subordinated debt ratings to A1(hyb) from A2(hyb) for Munich Re, one of the world's largest reinsurance companies. Simultaneously, the IFSR of Munich Reinsurance America, Inc. (Munich Re America) has been upgraded to ... Read the full article
Economic and insured losses from June US SCS outbreak likely to reach low single-digit billions: Aon
29th June 2026
Preliminary estimates indicate that combined economic and insured losses from severe convective storm (SCS) outbreaks in the United States between June 18-25, 2026, will likely land in the low single-digit billions USD, according to broking group Aon’s Weekly Cat Report. The severe weather affected portions of the Gulf Coast, central United ... Read the full article
William Fawcett appointed Head of ReSources at Reinsurance Association of America
29th June 2026
The Reinsurance Association of America (RAA), the trade association representing property and casualty reinsurers operating in the United States, has announced the appointment of William Fawcett as Head of ReSources and the RAA Reinsurance Education Institute. In his new role, Fawcett will oversee initiatives designed to strengthen and expand the RAA’s ... Read the full article
Mayflower and Hadron launch US dedicated affirmative AI liability program
29th June 2026
Mayflower Specialty, Ltd., a New York-based managing general agent, and Hadron, a multinational specialty carrier, have launched the first dedicated affirmative artificial intelligence liability program in the United States. Underwritten by Mayflower and issued through Hadron, these policies provide explicit coverage across the full management-liability triad: errors and omissions (E&O), employment ... Read the full article
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