Reinsurance News
Antares Global introduces Scorpius MGA to strengthen specialist distribution strategy
11th May 2026
Antares Global, the international insurance and reinsurance group, has announced the launch of Scorpius MGA, a new platform created to support managing general agent (MGA) business through a combination of underwriting capacity, operational support and governance services. The business will be led by chief executive Ian Morris and has been introduced ... Read the full article
Willis launches parametric flood insurance solution for UK racecourses
11th May 2026
Willis, a WTW business, has launched a new sensor-based parametric insurance solution designed to protect UK racecourses against localised flooding. The product was developed in collaboration with Previsico, Descartes Underwriting (MGA), and Generali, which will act as the insurer. In the UK, flood risk is rising, with related costs projected to increase ... Read the full article
Mapfre Re secures $200m US named storm coverage with new cat bond
11th May 2026
Mapfre Re, the reinsurance arm of Mapfre, has completed a $200 million catastrophe bond via its special purpose vehicle Recoletos Re DAC, providing indemnity-based U.S. named storm coverage on a per-occurrence basis over a three-year risk period through June 2029. Mapfre Re explained that with this transaction, it continues to reinforce ... Read the full article
Pelagos rebrand highlights capital allocator role and focus on long-term partnerships: Strickle
11th May 2026
Jonny Strickle, Group Managing Director at Pelagos Insurance Capital Limited, said the rebrand from Fidelis Insurance Group is drawn from the word “archipelago”, meaning a group of interconnected islands, and reflects its role as a capital allocator, bringing together a number of long-term, meaningful underwriting partnerships. In an interview with ... Read the full article
DAC Beachcroft expands into Middle East with new office in DIFC
11th May 2026
DAC Beachcroft has announced plans to expand into the Middle East by opening a new office in the Dubai International Financial Centre (DIFC) this summer, marking the firm’s first in the region. The new branch will be located in the landmark new DIFC Square development within the DIFC, strengthening the firm’s ... Read the full article
Pelagos Insurance Capital emerges as new identity for Fidelis after AGM approval
11th May 2026
Effective today, Fidelis Insurance Holdings Limited has officially rebranded as Pelagos Insurance Capital Limited, following shareholder approval at its Annual General Meeting held on April 28, 2026. The capital allocator and risk selector in specialty insurance and reinsurance first signalled the name change in February, alongside its full-year 2025 results. The ... Read the full article
Gallagher names Ana Matarranz as CEO for Spain
11th May 2026
Gallagher, an insurance brokerage, risk management and consulting firm, has announced the appointment of Ana Matarranz as Chief Executive Officer (CEO) for Spain. In her new role, Matarranz will lead Gallagher’s growth strategy in Spain, combining organic revenue development with the integration of specialist teams and capabilities, further strengthening the company’s ... Read the full article
Kestrel grows revenue in Q1’26 despite net loss
11th May 2026
Kestrel Group reported sharply higher total revenues of $10.2 million for Q1 2026 as the specialty insurance platform expanded its fronting operations and investment income. However, its net loss widened to $7.4 million from $394,000 a year earlier. The firm's gross premiums written reached $2.66 million during the opening quarter of ... Read the full article
Aon Q1’26 market insights reports softer pricing with select areas of hardening
11th May 2026
Aon, a global professional services firm focused on risk, retirement and health solutions, reports in its Q1 2026 Global Insurance Market Insights that the insurance sector is experiencing broadly softer pricing conditions, supported by strong capacity and intensifying competition, alongside continued discipline in specific higher-risk and regulated areas. Aon notes that ... Read the full article
Moody’s maintains stable outlook for European insurers amid economic and geopolitical pressures
11th May 2026
Moody's Ratings, the international credit ratings, research and risk analysis company, has reaffirmed its stable outlook for Europe’s property and casualty (P&C) and life insurance sectors, while highlighting growing pressure from competition, slower economic growth and geopolitical uncertainty. Moody’s said profitability among P&C insurers has recovered to levels recorded before the ... Read the full article
Hannover Re posts 48% net income rise as P&C combined ratio improves to 83.6% in Q1’26
11th May 2026
Global reinsurer Hannover Re generated net income of €710.6 million in the first quarter of 2026, an increase of 47.9% on the prior year, as the reinsurance service result for the period jumped by a significant 72.9% to €890.2 million. The large European reinsurer has reported a strong set of results ... Read the full article
Calidris expands senior team with three new hires
11th May 2026
Bermuda-based Calidris Investment Partners, an insurance-focused investment manager backed by RedBird Capital Partners, has announced the expansion of its senior team with three new strategic hires. James Larner joins as Director of Investor Partnerships, Chelsea Smith as Finance and Operations Manager, and Abigail Exon as Quantitative Strategies Manager. In his new position, ... Read the full article
HCI’s gross premiums earned hit $326m for Q1’26
11th May 2026
HCI Group, Inc., a Tampa-based insurance holding company, reported gross premiums earned of $326 million for the first quarter of 2026, compared with $300 million in Q1’25, driven by a higher volume of insurance policies in force. For the quarter, premiums ceded for reinsurance were $104 million compared to $100 million ... Read the full article
Peter Wilson joins Hamilton’s Board of Directors
11th May 2026
Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced that Peter Wilson has been elected to the company’s Board of Directors at its Annual General Meeting of Shareholders. Wilson brings more than three decades of leadership experience across global specialty, commercial, and professional liability markets. Most recently, he served as ... Read the full article
Lincoln Financial narrows net loss to $211m in Q1’26
11th May 2026
Lincoln Financial has reported a net loss available to common stockholders of $211 million for the first quarter of 2026, compared to a net loss of $756 million in the same period a year earlier. In Q1’26, adjusted operating income available to common stockholders was $326 million, up from $280 million ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
