Reinsurance News

Benoit Goureau named director of MAPFRE Re’s Brussels Management Center

16th September 2026

MAPFRE Re, the reinsurance arm of Spanish insurance company MAPFRE, has announced the appointment of Benoit Goureau as the new director of its Brussels Management Center, succeeding Bernard Chanteux. In his new position, the executive will be reporting to Mark Meyerhoff, Regional Director for EMEA. Goureau brings over two decades of experience ... Read the full article

American Coastal removes fixed end date from AmRisc distribution agreement

15th September 2026

American Coastal Insurance Corporation, the insurance holding company behind American Coastal Insurance Company (AmCoastal), has revised its exclusive managing agency agreement with AmRisc, LLC (AmRisc), extending the framework for the companies’ long-standing distribution and underwriting relationship. The amended agreement took effect on 1 July 2026 and replaces the previous fixed expiry ... Read the full article

CatIQ estimates Bald Range wildfire insurance losses at CAD 313m

15th September 2026

CatIQ, the Toronto-based independent organisation that provides industry-wide catastrophe insurance data and operates as a subsidiary of PERILS, has placed its initial estimate of insured losses from the Bald Range wildfire at CAD 313 million. The fire affected Summerland, British Columbia, and neighbouring areas between 7 and 18 August 2026. CatIQ ... Read the full article

John Flannery named as HDI Global US Chief Marketing and Communications Officer

15th September 2026

Corporate & Specialty insurer HDI Global has hired John Flannery from Vantage Risk to serve as the new Chief Marketing and Communications Officer for HDI Global US, reporting to Chief Commercial Officer, Uwe Schoberth. Flannery joins HDI Global US to lead internal and external communications, and will assist the company as ... Read the full article

Saudi Re to lead newly established marine war risk insurance pool

15th September 2026

Saudi Arabia’s Cabinet has approved the establishment of the Saudi Pool for Marine War Risk Insurance, a national marine war-risk insurance pool covering cargo and hull, with Saudi Reinsurance Company (Saudi Re) appointed to lead the initiative. This national initiative establishes cooperation between the public and private sectors and aims to ... Read the full article

Marsh Re’s Enoizi warns against premature Jan 1 rate calls, flags widening protection gap

15th September 2026

Marsh Re, the global reinsurance broker, spoke with Reinsurance News at this year's Rendez-Vous de Septembre in Monte Carlo to set out the firm’s thinking on the January 1 renewals, the state of market discipline, and the growing role of governments in absorbing catastrophe and emerging risk. Among those representing the ... Read the full article

KCC launches RiskInsight 4.16, expanding workflow automation and integration

15th September 2026

Karen Clark & Company (KCC), a catastrophe risk modelling firm serving re/insurers and insurance-linked securities investors, has released the latest version of its open loss modelling software, RiskInsight® 4.16, which delivers expanded workflow automation and integration. The update centres on enhanced API capabilities, faster analysis performance, and significant reductions in database ... Read the full article

Navigating increasingly complex data centre landscape requires specialist risk expertise: Howden

15th September 2026

In a new report, global insurance broker Howden has highlighted the growing risks facing data centres as their infrastructure rapidly expands, with particular emphasis on extreme weather, geopolitical conflict and liability. “The AI boom is fuelling huge investment in data centres globally but as our analysis shows, the risks associated with ... Read the full article

LMG names LMA’s Joe Brace as Chair of Data Council

15th September 2026

The London Market Group (LMG) has announced the appointment of Joe Brace, Operations Director at the Lloyd’s Market Association (LMA), as the new Chair of the Data Council. Brace succeeds Sheila Cameron, CEO of the LMA, who has been Chair of the Data Council since its inception in 2021. Brace has served ... Read the full article

Swiss Re sees adequate opportunities in short-tail lines and data centres: Urs Baertschi

15th September 2026

Urs Baertschi, Chief Executive Officer (CEO) of Property & Casualty (P&C) Reinsurance at Swiss Re, said the firm still sees adequate opportunities in some short-tail lines around property and specialty in various regions, alongside growth opportunities from data centres. In a video interview ahead of ... Read the full article

Alex Wells selected to serve as CEO of Zurich U.S.

15th September 2026

Alex Wells has been selected to serve as CEO of Zurich U.S., subject to customary approvals, following the departure of Sierra Signorelli. Zurich described Wells as a seasoned commercial insurance executive with more than 25 years of experience. He most recently served as president of Zurich U.S.’s Middle Market, Programs, Captives and ... Read the full article

AXA ready to move into ‘top gear’ regarding AI adoption: CEO

15th September 2026

Speaking at a presentation accompanying the unveiling of AXA’s 2027–29 strategy, CEO Thomas Buberl suggested the group has invested heavily in AI and its wider readiness to deploy the technology, with the French insurer now poised to accelerate its adoption. "We modernised the technological foundations of AXA. We've invested heavily ... Read the full article

ACORD releases two enhanced online versions of insurance industry data models

15th September 2026

ACORD, the global standards-setting body for the insurance industry, has released enhanced online versions for two key components of the ACORD Reference Architecture: the ACORD Data Model and the ACORD Information Model. The browser-based tools can help organisations optimise the development, deployment, and modernisation of insurance industry applications, and have been ... Read the full article

L&G Re appoints Gwen Weng as Head of Capital Management

15th September 2026

Legal & General Reinsurance (L&G Re), the global reinsurer for Legal & General, a UK financial services group and major global investor, has announced the appointment of Gwen Weng as Head of Capital Management. Weng brings more than a decade of industry experience in asset-liability management (ALM) and total balance sheet ... Read the full article

Canopius creates Group Analytics function led by Nick Betteridge

15th September 2026

Canopius Group, a global specialty and P&C re/insurer, has announced the creation of a Group Analytics function and the appointment of Nick Betteridge as Group Chief Analytics Officer. Betteridge is a member of the Canopius Group Leadership Team and reports to Neil Robertson, Group Chief Executive Officer. The newly created role of ... Read the full article