Reinsurance News

Alternative capital redesigning reinsurance, but still has challenges to face: Guy Carpenter

13th May 2026

Alternative capital is rewriting the rules of reinsurance, and while it seems it is here to stay, its rapid integration brings distinct structural challenges, a recent Guy Carpenter report highlights. The ‘Convergence of Financial and Reinsurance Capital: How catastrophe bonds, sidecars, and financial investors are redesigning the architecture of global reinsurance’ ... Read the full article

Aon strengthens data and analytics capabilities with Claims Copilot expansion

13th May 2026

Global professional services firm Aon has expanded its Claims Copilot platform, rolling it out across North America, Asia Pacific and several countries in EMEA as a claims management solution. Building on the successful pilot launched in November 2025, the expansion of Aon Claims Copilot reportedly marks a significant milestone in ... Read the full article

AXA XL creates new business unit dedicated to prevention

13th May 2026

AXA XL has created a new business unit dedicated to prevention, establishing a fifth division alongside Americas, APAC & Europe, UK & Lloyd’s and Reinsurance, in a move that reportedly underscores the firm's commitment to risk insight and closer client partnership. The new unit will be led by Libby Benet, currently ... Read the full article

Canada Life Re delivers record net earnings of CAD 353m in Q1’26

13th May 2026

Great-West Lifeco’s Capital and Risk Solutions (CRS) reinsurance operation, Canada Life Re, maintained its strong momentum in the opening quarter of 2026 with record net earnings of CAD 353 million, an increase of 92% on the comparable prior year quarter’s CAD 184 million. After a robust end to last year ... Read the full article

Da Costa to lead Markel’s US cyber and tech E&O portfolio

13th May 2026

Markel, the insurance operations within Markel Group Inc., has appointed Raphael Da Costa to lead its US cyber and tech E&O portfolio, based in New York. In his new role, as mentioned earlier, Da Costa will oversee Markel's US cyber and tech E&O underwriting strategy, portfolio management and product development. Additionally, he ... Read the full article

Beazley Security report highlights sharp increase in exploited vulnerabilities and AI-driven cyber attacks in Q1

13th May 2026

Beazley Security, the cyber security services arm of specialist insurer Beazley, has released its Quarterly Threat Report for Q1 2026, detailing a significant rise in exploited vulnerabilities as cyber criminals increasingly use AI-powered methods to accelerate attacks and target software supply chains. The report found that exploited vulnerabilities increased by 43% ... Read the full article

XS Global Europe launches with new Madrid and Paris offices

13th May 2026

XS Global, an independently owned managing general underwriting (MGU) platform, has expanded in Europe with the launch of Madrid and Paris offices. Together, these two offices will operate as XS Global Europe, serving as the group’s dedicated regional platform to strengthen its reach across the European Union. The establishment of XS Global ... Read the full article

Swiss Re appoints Yusuke Matsumoto as Head of Facultative Re APAC

13th May 2026

Global reinsurer Swiss Re has appointed Yusuke Matsumoto as Head of Facultative Re APAC. Matsumoto brings extensive experience in business and product development, alongside a strong track record in underwriting and building high-performing teams. He joined Swiss Re in June 2013 in a client market role before progressing to Property Facultative Underwriter. Most ... Read the full article

Lyndsey Bauer joins Miller as Strategic Delivery Lead, Cyber

13th May 2026

Miller, an independent specialist re/insurance broker, has announced the appointment of Lyndsey Bauer as Strategic Delivery Lead, Cyber, operating across the company’s retail and wholesale platforms. Her primary focus will be managing cyber exposures across various industry verticals and insurance portfolios while creating a more integrated approach to addressing cyber as ... Read the full article

Capital redeployment a big challenge for reinsurers in 2026: Gallagher Re’s van Wegen

13th May 2026

Capital redeployment is set to be the biggest challenge for reinsurance companies in 2026, Michael van Wegen, author of Gallagher Re’s Full Year Reinsurance Market Report, highlighted in a recent interview with Reinsurance News. The report revealed that total dedicated reinsurance capital rose to a record $648 billion in 2025, ... Read the full article

Conduit Re’s targeted casualty growth continued in Q1’26 as total GPW rose 4.9%

13th May 2026

Bermuda-based reinsurer Conduit Re recorded 4.9% year-on-year growth in gross premiums written (GPW) to $430.3 million for the first quarter of 2026, as strong growth in casualty and marginal growth in property more than offset a decrease in specialty premiums in the quarter. During the opening three months of the year, ... Read the full article

Zurich posts stronger Q1’26 P&C growth as premiums rise 8%

13th May 2026

Zurich Insurance Group reported continued momentum in its P&C business during the opening quarter of 2026, with insurance revenue rising 5% to $12 billion and gross written premiums increasing to $15.6 billion. Looking at the P&C business by segment, insurance revenue in Europe, Middle East and Africa (EMEA) rose 5% on ... Read the full article

Allianz sees record operating profit of €4.5bn for Q1’26

13th May 2026

Global insurer Allianz has reported record operating profit of €4.5 billion for the first quarter of 2026, a rise of 6.6% compared to €4.2 billion in Q1’25, as total business volume for the quarter dipped slightly to €53 billion from €54 billion. During the opening quarter of the year, the insurer ... Read the full article

Aon expands global cyber team with senior industry hires

13th May 2026

Aon, the professional services and risk advisory company, has appointed Jason Warmbir, Petra Stojilova and Matt Danielak to its global cyber team as the business looks to further strengthen its cyber risk advisory capabilities. The appointments form part of Aon’s continued focus on supporting clients as cyber threats become more advanced ... Read the full article

Rokstone launches healthcare division and hires Natalie Mauro

13th May 2026

Rokstone, the international specialty re/insurance managing general agent (MGA), has announced the launch of Rokstone Healthcare, a new division focused on the global healthcare market. The platform will target US middle-market and large risks across allied health, social services, and outpatient facilities, excluding hospitals. It will offer multi-line coverage spanning professional, ... Read the full article