Reinsurance News
Climate risks expose re/insurance protection gaps in global supply chains: SEI
20th January 2026
Global supply chains are increasingly exposed to climate-related disruptions, revealing protection gaps in re/insurance and underscoring the need for stronger adaptation, improved data, and coordinated public–private governance, according to a recent report by Stockholm Environment Institute (SEI). Climate-related disruptions of international supply chains pose a major systemic risk. In Europe, for ... Read the full article
Andrew Fowles appointed Head of Broking at Munich Re Specialty – Binding Authorities
20th January 2026
Munich Re Specialty, a provider of specialty insurance solutions and part of the Munich Re Group, has appointed Andrew Fowles as Head of Broking within its Binding Authorities business. Fowles has more than 25 years of experience in delegated authority and specialty underwriting, with a background spanning US property and casualty, ... Read the full article
Stefano Fasone to lead Chubb’s EMEA Underwriting Centre as Director
20th January 2026
US domiciled insurer Chubb has announced the appointment of Stefano Fasone as Director of its EMEA Underwriting Centre in Madrid, Spain. Working alongside regional leaders, Fasone’s responsibilities will include enhancing Chubb’s multiline, multilingual underwriting capacity, promoting excellence in operations, and ensuring the top-tier service standards expected by our partners and brokers. Fasone ... Read the full article
Optio strengthens position in Italian MGA market with Heca acquisition
20th January 2026
Optio Group, a specialty managing general agent (MGA), has acquired the remaining 75% stake in Italian MGA Heca S.r.l (Heca); financial details were not disclosed. This transaction gives Optio full ownership of Heca, further strengthening its position in the Italian MGA market. The MGA’s initial investment in Heca was announced in ... Read the full article
Willis appoints Alex Benson as Head of Construction and Natural Resources Claims in Asia
20th January 2026
WTW subsidiary, Willis, has confirmed the appointment of Alex Benson as Head of Construction and Natural Resources Claims for Asia, with the role commencing on 6 April 2026. Operating from Singapore, Benson will join the regional leadership team and report directly to Alex Rosati, Head of Claims for Asia at Willis. The ... Read the full article
Gryphon to acquire specialty commercial lines carrier PrimeOne
20th January 2026
Gryphon Holdings, an insurance and financial services solutions innovator, has entered into a definitive agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier, in an undisclosed transaction. PrimeOne is a specialty property and casualty insurer focused on partnering with program administrators and managing general agents in select ... Read the full article
Howden Hong Kong announces key team appointments
20th January 2026
Howden, a global insurance and risk solutions firm, has expanded its Hong Kong team with several strategic appointments, reflecting its focus on client service and long-term growth. Cyrus Cheung, ACII, joins as Senior Director, Business Development. Cheung brings extensive experience in corporate risk advisory, and will focus on expanding client relationships, ... Read the full article
Strong premium growth set to lift profitability in India’s insurance sector: Moody’s
19th January 2026
Moody’s Ratings, the credit rating agency, expects India’s insurance industry to benefit from sustained premium growth over the medium term, supporting an improvement in profitability. In Moody’s view, this growth is being driven by strong economic expansion, rising household incomes, accelerating digital adoption, supportive tax measures and the government’s intention to ... Read the full article
Mosaic bolsters NA & Intl. transactional tax-liability teams
19th January 2026
As a response to increased sector demand, Mosaic Insurance, a specialty insurer concentrating on cyber risk and financial institutions, has bolstered its North America and International transactional tax-liability teams. This expansion includes the promotion of one specialist and the recent addition of four new tax-risk professionals. Bill Monat, Global Head of Transactional ... Read the full article
Parametric provider CelsiusPro partners with ECOM to assist Indonesian farmers
19th January 2026
CelsiusPro Group, a provider of parametric insurance solutions for climate risks, has partnered with ECOM Agroindustrial Corp Ltd., a soft-commodities services group specialising in coffee, cocoa and cotton, to provide Indonesian farmers exposed to climate and natural catastrophe risks with parametric insurance cover. The initiative is supported by the University of ... Read the full article
Ageas expects profit boost thanks to China JV performance
19th January 2026
International insurance group Ageas has updated its Net Operating Result guidance as it is now expecting to make significantly more profit in 2025 than originally forecasted thanks to a tax change in China. The updated guidance range is now set between EUR 1.6 and 1.65 billion, a notable rise from the ... Read the full article
Zurich submits improved proposal to acquire 100% of specialist insurer Beazley
19th January 2026
Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer Beazley after the latter's Board rejected a previous proposal they felt significantly undervalued the firm. On January 4th, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley share to ... Read the full article
Westfield Specialty Intl. names Radbourne as Class Underwriter for Power and Onshore Renewables
19th January 2026
Westfield Specialty International, a re/insurance provider, has appointed Matthew Radbourne as Class Underwriter for Power and Onshore Renewables, based in London, Radbourne will report to Jon Hamilton, Divisional Director, Marine and Energy. Hamilton commented: “We are delighted to welcome Matt to Westfield Specialty. As we continue to build out our energy ... Read the full article
WWF warns nature loss is widening protection gap in advanced economies
19th January 2026
The World Wide Fund for Nature (WWF), an international conservation organisation working on environmental protection and sustainable development, has published a new white paper titled “Tackling the Insurance Protection Gap: leveraging climate and nature to increase resilience”. According to WWF, the paper warns that degrading ecosystems are increasing climate-related risks and ... Read the full article
Kim Schumacher promoted to Head of General Property in Germany at Berkshire (BHSI)
19th January 2026
Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, has recently announced the promotion of Kim Schumacher to Head of General Property in Germany. Schumacher joined BHSI in 2024 as a Senior Property Underwriter and has close to two decades of experience in the insurance sector. Andreas Krause, Head ... Read the full article
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