Reinsurance News

Banyan Risk appoints John Berger, Bob Cox & Andrew Cook to Advisory Board

11th March 2026

Banyan Risk Ltd ("Banyan Risk"), a Bermuda-based specialty Managing General Agent (MGA), has appointed three experienced insurance executives to its Advisory Board. The new members are John Berger, Bob Cox, and Andrew Cook, who collectively bring deep experience across specialty insurance, reinsurance, and global insurance operations, having held senior executive and ... Read the full article

IFC targets $50m guarantee support for African reinsurer ZEP-RE

11th March 2026

The World Bank's International Finance Corporation (IFC) is arranging a guarantee facility of up to $50 million to cover the reinsurance credit risk of ZEP-RE, a leading reinsurer in Africa headquartered in Nairobi, Kenya. Established in 1990, ZEP-RE delivers "inclusive & innovative" re/insurance solutions across the continent to close the protection ... Read the full article

Aon adds Tank & Langley-Poole to Reinsurance Solutions Credit & Financial Risks team

11th March 2026

Global insurance and reinsurance broking group Aon has announced the appointment of Uday Tank and Tom Langley-Poole as brokers within its Reinsurance Solutions Credit and Financial Risks team. Both Tank and Langley-Poole will report to Rupert Evans, International Head of Credit and Financial Risks Reinsurance, and will work with clients and ... Read the full article

The Fidelis Partnership announces underwriting leadership promotions

11th March 2026

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced several senior promotions, including four new heads of business across specialty lines. The four new heads of business include Grahame Dawson, who has been promoted to Head of D&F – London. He joined TFP in December 2022 and most ... Read the full article

Chubb names Seshadri Iyer to lead Global Operations, Technology & Digital Transformation

11th March 2026

Large US insurer Chubb has announced the appointment of Seshadri Iyer as Executive Vice President, Chubb Group, Operations, Technology and Digital Transformation, effective 6th April 2026. Iyer succeeds Julie Dillman, who is retiring on 2nd April after nearly a decade with the company, including serving in her current role since January ... Read the full article

Marine war risk market ‘operating as expected’ amid Middle East hostilities: IUA

11th March 2026

Chris Jones, Chief Executive of the International Underwriting Association (IUA), said members are continuing to provide cover for clients affected by the current hostilities involving Iran across several lines of business, adding that the marine war risk market is operating as expected, given the heightened threats to shipping. According to Jones, ... Read the full article

HDI Global appoints David Wilson as Global Head of Claims Energy & Power

11th March 2026

HDI Global, a commercial and specialty lines insurer, has announced the appointment of David Wilson to the newly created role of Global Head of Claims Energy & Power, effective 1st March 2026. Based in London, Wilson will work in a global capacity across HDI’s Energy & Power Unit. He will report ... Read the full article

Private ILS premium environment remains healthy: Artemis ILS NYC 2026 video

11th March 2026

The track record of private insurance-linked securities (ILS) fund strategies continues to attract greater attention, and while capital raising is more challenging in private ILS and blended strategies, in comparison to pure catastrophe bonds, conditions in this part of the market continue to improve, according to industry experts at the ... Read the full article

AXA XL appoints Leyla Delic as Chief Technology and AI Officer

11th March 2026

AXA XL, the property, casualty, and specialty risk division of AXA, has announced the appointment of Leyla Delic as Chief Technology and AI Officer. Based in London, Delic will report to Scott Gunter, CEO of AXA XL, and Matthieu Caillat, Group Chief Technology & AI Officer and CEO of AXA Group ... Read the full article

AM Best reports decline in US P&C insurer impairments in 2024

11th March 2026

Only one US property and casualty (P&C) insurer was recorded as impaired in 2024, a notable reduction from the 13 impairments reported a year earlier, according to credit rating agency AM Best. AM Best outlines the findings in its report, 2024 US P&C Impairments Update. According to AM Best, the sole ... Read the full article

Pen Underwriting enters UK mid-market professional indemnity segment

11th March 2026

Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has officially launched in the UK mid-market professional indemnity (PI) segment, catering to firms with larger fee incomes or higher turnovers. The new offering is backed in capacity by a panel of A-rated insurers that the MGA has partnered with, which complements ... Read the full article

Aon’s Tracy-Lee Kus appointed new chair of LIIBA

11th March 2026

Tracy-Lee Kus, CEO of Aon’s Global Broking Centre, has been appointed chair of the London & International Insurance Brokers’ Association (LIIBA), the representative body for London market insurance brokers. Kus, a 14-year veteran of Aon who has held several senior roles at the firm, succeeds Andy Bragoli of Howden, who has ... Read the full article

Markel names Kristen Dardia as Head of Portfolio Analytics, US & Bermuda

11th March 2026

Markel Insurance, the insurance operation within Markel Group Inc., has appointed Kristen Dardia as Head of Portfolio Analytics, US & Bermuda, based in New York. In her new role, Dardia will lead Markel's advanced analytics, technical pricing, and portfolio management capabilities across the two regions. This appointment aligns with the insurer’s long-term ... Read the full article

Achmea secures €8bn longevity reinsurance from Munich Re and Pacific Life Re, advised by Aon

11th March 2026

Achmea and Achmea Pension & Life Insurance, the joint venture between Achmea and Sixth Street established on 1 October 2025, have announced the completion of two longevity reinsurance transactions, executed by Achmea Pension & Life Insurance, that together cover approximately €8 billion in pension liabilities and around half of ... Read the full article

HIVE collaborates with Dragonfly to enhance aviation security risk management

11th March 2026

HIVE Underwriters, an independent specialty managing general agent (MGA), has expanded its network of intelligence partners with the addition of Dragonfly Intelligence, a global intelligence and security risk advisory firm, to strengthen aviation security risk management. Dragonfly Intelligence, part of Dow Jones Global Risk Insights, provides geopolitical and security intelligence to ... Read the full article