Reinsurance News
Florida’s Citizens eyes $2.98bn of reinsurance for 2026 risk transfer program
4th March 2026
Florida’s Citizens Property Insurance Corporation has revealed that it aims to secure private reinsurance coverage of approximately $2.98 billion for its 2026 risk transfer program. According to the firm, coverage would be comprised of $1.53 billion of existing private risk transfer remaining from 2025, and $1.45 billion of new private risk ... Read the full article
George Stylli joins HIVE as Chief Technology Officer
4th March 2026
HIVE Underwriters, an independent specialty managing general agent (MGA), has announced the appointment of George Stylli as Chief Technology Officer (CTO). Stylli brings nearly two decades of London Market technology leadership to the role, having most recently served as Head of Engineering at Inigo, a global multi-line specialty insurance and reinsurance ... Read the full article
Aon appoints Dan Duncan and Randy Stanco to US reinsurance leadership roles
4th March 2026
Global insurance and reinsurance broking group Aon has announced a leadership update across its U.S. reinsurance business, appointing Dan Duncan as President, U.S. Reinsurance Strategy & Growth, and Randy Stanco as President, U.S. Reinsurance Business Performance. In his new role, Duncan will focus on shaping and driving Aon’s agenda, including growth ... Read the full article
Trump orders political risk insurance backstop for energy security in Persian Gulf
4th March 2026
In an intervention aimed at stabilising global energy flows and easing maritime security risks, President Donald Trump has directed the United States Development Finance Corporation (DFC) to extend political risk insurance and financial guarantees for all maritime trade, particularly energy cargoes transiting the Strait of Hormuz. The move, announced via social ... Read the full article
Swiss Re names Tamas Bown as Head L&H Reinsurance, APAC
4th March 2026
Global reinsurer Swiss Re has announced the appointment of Tamas Bown as Head of Life & Health Reinsurance for the Asia Pacific region, excluding China, effective 1st April 2026. Bown has spent over two decades at Swiss Re, holding several senior leadership roles within Life & Health. This appointment marks Bown’s return ... Read the full article
HDI Global UK&I appoints Matthew Bond as Head of Energy & Power
4th March 2026
HDI Global UK & Ireland (HDI) has announced the appointment of Matthew Bond as Head of Energy & Power, effective 2nd March 2026 In his new role, Bond will lead HDI’s Energy & Power portfolio across the UK and Ireland, focusing on further enhancing the firm’s proposition by combining specialist underwriting ... Read the full article
Middle East conflict risks seen as manageable for re/insurers, but escalation concerns linger
4th March 2026
At discussions held during the Association of Insurance and Financial Analysts conference, re/insurance executives and analysts struck a cautiously constructive tone on Middle East conflict exposures, broadly agreeing that related losses remain “manageable” for re/insurers so far. Overall, sentiment suggested losses are contained, with analysts noting that “the situation remains fluid” ... Read the full article
Commerzbank AG appoints Dan Broome as UK Insurance & Asset Manager Coverage Lead
4th March 2026
Commerzbank AG has appointed Dan Broome to lead UK Insurance & Asset Manager Coverage within the Non-Bank Financial Institutions team in London. In his new role, Broome will focus on strengthening relationships and developing the franchise within the sector, delivering funding and capital solutions through the bank’s international platform across global ... Read the full article
Reinsurers can meet challenges as Middle East conflict escalates: SCOR CEO
4th March 2026
Currently, the immediate impact of the ongoing conflict in the Middle East is negligible for global reinsurer SCOR in terms of claims, as the company's Chief Executive Officer (CEO), Thierry Léger, emphasises that the reinsurance industry "can respond to such challenges." Speaking to the media after the release of a Read the full article
Specialty MGA appoints Davood Khalaghizadeh to lead D&O underwriting
4th March 2026
Specialty MGA, a member of the MNK Group, is enhancing its specialist financial lines offering with the appointment of Davood Khalaghizadeh as Senior Underwriter for Directors and Officers (D&O). Khalaghizadeh brings a rich background across major global insurers and MGAs, including AIG, QBE, and CV Starr, where he oversaw D&O portfolios. He ... Read the full article
Beazley posts profits of $1bn+ for third year running in 2025
4th March 2026
Specialist insurer Beazley has posted a profit before tax of $1.15bn for the full year 2025, delivering an undiscounted combined ratio of 81% despite heightened global volatility and a softening rating environment. Although earnings were slightly lower than in 2024, the group said the year underscored the accelerating shift in ... Read the full article
Guy Carpenter adds QBE’s Paas as Head of European Capital & Advisory
4th March 2026
Guy Carpenter, a reinsurance broker, risk advisor, and part of Marsh, has appointed Al Paas as Head of European Capital and Advisory. In his new role, Paas will lead the broker's expansion and strengthen its investment banking capabilities across Continental Europe. Paas has extensive international experience in capital markets and M&A advisory, ... Read the full article
SCOR delivers FY’25 net income of €851m, P&C combined ratio strengthens to 82.3%
4th March 2026
Global reinsurer SCOR generated net income of €208 million and $851 million for the fourth quarter and full year 2025, respectively, as the firm's property and casualty (P&C) business produced a robust underlying performance with a stronger combined ratio for both periods. For the 2025 financial year, SCOR saw a 4.6% ... Read the full article
CRC Group acquires MGA Euclid Transactional from Searchlight Capital
4th March 2026
Global private investment firm, Searchlight Capital Partners, L.P., has completed the sale of Euclid Transactional, LLC, a managing general agent (MGA) specialising in transactional insurance underwriting and claims handling, to CRC Group, a wholesale specialty insurance distributor in North America. In 2021, Searchlight closed its investment in Euclid Transactional, and over ... Read the full article
Tokio Marine Kiln names George Leahy as Underwriter in Liability division
4th March 2026
The insurance firm Tokio Marine Kiln (TMK) has appointed George Leahy as an Underwriter in its Liability division, enhancing its underwriting bench strength, he will report directly to Oliver Delaney, Departmental Head of Liability. Leahy has eight years of experience in casualty underwriting to the role. He joins from Sompo International, ... Read the full article
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