Reinsurance News
Sompo Re adds Beatrice Morley as Head of London, Reinsurance
8th May 2026
Sompo Re, the reinsurance arm of the global provider of property, casualty, and specialty re/insurance, Sompo, has appointed Beatrice Morley as Head of London, Reinsurance. In her new role, Morley will lead Sompo's underwriting team in London and work closely with regional leadership to coordinate strategy and local execution. She has almost ... Read the full article
Palomar reports improved reinsurance terms and expands catastrophe bond protection in Q1’26
8th May 2026
Mac Armstrong, the CEO of Palomar Holdings, a US-based speciality insurance company focused on property and casualty coverage, said the firm's 2026 reinsurance renewals delivered stronger economic terms across both property and casualty business lines, while the company also increased its catastrophe protection through the latest Torrey Pines Re bond ... Read the full article
76% of reinsurers delivered double-digit capital growth in 2025: Gallagher Re
8th May 2026
According to Gallagher Re’s 2025 Reinsurance Market Report, roughly 76% of reinsurers within its cohort posted double-digit capital growth in 2025, underscoring another year of strong balance sheet expansion across the sector. As previously reported, Gallagher Re estimated that global reinsurance dedicated capital reached a record $648 billion in 2025, ... Read the full article
Heritage reports record Q1 net income of $36.5m
8th May 2026
Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has reported its most profitable first quarter on record, with net income of $36.5 million in Q1’26, up 19.7% from $30.5 million in the prior-year quarter. The company attributed the increase in net income to higher investment income and ... Read the full article
Aon says Middle East conflict is reshaping risk, insurance and supply chains
8th May 2026
Aon, the global professional services firm specialising in risk, retirement and health solutions, has outlined how the ongoing conflict in the Middle East is continuing to affect insurance markets, supply chains, political risk and workforce planning for businesses operating internationally. During a webinar hosted by Aon on the 7th May titled ... Read the full article
ALPS to acquire Ohio Bar Liability Insurance Company in legal insurance sector deal
8th May 2026
ALPS Insurance, a specialist US insurer focused on professional liability cover for legal professionals and law firms, together with the Ohio State Bar Association, a professional body representing lawyers in Ohio, has confirmed it has entered into a definitive agreement for ALPS to acquire the Ohio Bar Liability Insurance Company, ... Read the full article
Managing and pricing data centre risk remains a key challenge: Holmes, Moody’s
8th May 2026
Brandan Holmes, Senior Credit Officer at Moody's, said one of the main challenges for the insurance and reinsurance industry is managing, assessing, and pricing data centre risks, noting that there is limited historical data and that modelling is complex due to various unique engineering and risk elements. During Moody’s Ratings’ virtual ... Read the full article
Howden Re names Tim Radford as Managing Director, Head of Lloyd’s Capital
8th May 2026
Howden Re, the reinsurance arm of global broking group Howden, has appointed Tim Radford as Managing Director, Head of Lloyd's Capital, a role which sits within the firm's Capital Solutions platform. The reinsurance broker states that this appointment strengthens its leadership across both Lloyd's market capital and investor engagement. In his role, ... Read the full article
SEADRIF and WFP launch $1.1m parametric insurance policy in Lao PDR
8th May 2026
SEADRIF Insurance Company and the United Nations World Food Programme (WFP) have launched a parametric insurance policy in Lao PDR, providing up to $1.1 million in pre-arranged financing to support communities affected by extreme weather events and other natural hazards promptly. The policy brings together government, humanitarian, and disaster risk financing ... Read the full article
NEAM strengthens European growth strategy with senior London appointment
8th May 2026
New England Asset Management (NEAM Limited), a recognised asset manager specialising in investment solutions for insurers and reinsurers, has appointed Giri Singh as Head of Business Development, Europe, within its London Branch. The company said the appointment forms part of its ongoing efforts to grow its insurance asset management presence across ... Read the full article
Willis report warns Middle East tensions and AI infrastructure growth are reshaping insurance risks
8th May 2026
Willis, the risk advisory and insurance broking division of WTW, has published its latest Insurance Marketplace Realities report, examining how geopolitical tensions and the continued expansion of digital infrastructure are influencing the global insurance sector. In the report, Willis said political risk is becoming a broader concern across international markets, with ... Read the full article
Skyward Group’s net income rises 18% to $49.7m in Q1’26
8th May 2026
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, has reported a net income of $49.7 million for the first quarter of 2026, an 18.2% increase compared to $42.1 million in the same period a year earlier. In Q1’26, operating income amounted to $56.8 million, up 51.2% from ... Read the full article
QBE delivers 11% hike in GWP for Q1’26
8th May 2026
International insurer and reinsurer QBE has reported a rise of 11% in gross written premiums (GWP) year over year in the first quarter of 2026 to $9.2 billion, compared to $8.3 billion in Q1’25. QBE explained that GWP grew by 7% on a constant currency basis, with an ex-rate growth of ... Read the full article
Sompo names Tim Mardon as President, Bermuda Reinsurance
8th May 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Tim Mardon as President, Bermuda Reinsurance. In his new role, Mardon will lead operations and strategy for SompoRe's Bermuda branch, further strengthening its presence in the key region. A Bermuda-based reinsurance executive, Mardon brings ... Read the full article
Consilium appoints Henrietta Burgess as Partner, International Casualty Risk Solutions
8th May 2026
Consilium, a specialty re/insurance broker, has strengthened its international casualty operations with the appointment of Henrietta Burgess as Partner of International Casualty Risk Solutions. This move aims to reinforce Consilium’s expanding casualty offering, which currently operates in the UK and US markets. The business has built a significant North American portfolio across ... 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.
