Reinsurance News
79% of global data centre capacity exposed to elevated climate risk: First Street
22nd June 2026
New research from First Street found that 79% of global data centre capacity is exposed to elevated acute climate hazards, including flooding, wind, and wildfire risks that can disrupt operations, increase downtime, and drive up insurance and repair costs. First Street’s analysis shows that climate risk is emerging as a critical ... Read the full article
Pro Global expands specialist claims capability with three senior hires
22nd June 2026
Pro Global, a global provider of specialist insurance services, technology and consulting solutions, has strengthened its Claims division with the appointment of three senior professionals as the company continues to invest in its complex claims expertise. The company has appointed Gary Brankin as Head of Technical Claims, Harjinder Gill as Senior ... Read the full article
Earnix launches AI orchestration system to improve insurers’ decision-making
22nd June 2026
Earnix, a Dynamic-AI platform for insurance, has announced the launch of AIOS, the AI Orchestration System for Insurance, bringing intelligence, agents, models, workflows, governance, and human oversight into a single decisioning engine designed to improve insurer performance. AIOS extends Earnix’s intelligent decisioning capabilities across the insurance lifecycle, enabling insurers to apply ... Read the full article
Howden Re establishes Ireland office, David Carpenter to lead as Director
22nd June 2026
Howden Re, the reinsurance arm of broking group Howden, has expanded and strengthened its European presence by establishing a new office in Ireland. The broker believes this move will enhance its ability to support clients in one of the region’s most important and fast-evolving insurance markets. It also aims to bring ... Read the full article
Mexico partners with LM Re for new parametric earthquake and volcanic insurance program
22nd June 2026
The Mexican federal government, through its sovereign disaster risk financing strategy, has deployed a nationwide parametric earthquake and volcanic risk insurance with Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, acting as the lead capacity provider. This parametric insurance solution, brokered by Augment Risk and domestic broker TBS, ... Read the full article
Aon appoints Sarah Goodman as Life Sciences Broking Practice Leader
22nd June 2026
Aon, the global professional services firm providing risk, retirement and health solutions, has announced the appointment of Sarah Goodman, CPCU, ARM, AINS as its Life Sciences Broking Practice Leader. According to Aon, Goodman brings extensive industry expertise and established market relationships to the role, where she will focus on supporting innovation ... Read the full article
Augment Risk strengthens MGA team with appointment of Lee Bonnett
22nd June 2026
Augment Risk, a specialist reinsurance and capital solutions broker, has appointed Lee Bonnett to its MGA division, with the appointment taking effect immediately. Working from the company’s London office, Bonnett will report to Mark Aylward, Partner – MGA, and will play a key role in supporting the continued expansion of Augment ... Read the full article
Mandarin Re promotes Andrés Obando to Head of Underwriting
22nd June 2026
Mandarin Re, a Malaysia-based reinsurance company, has promoted Andrés Obando as Head of Underwriting. Obando joined the reinsurer in 2023 as an Underwriter and has since held increasingly senior roles, including serving as Senior Underwriter and Head of Underwriting Americas and African Division. Prior to this, he served as the Commercial Manager ... Read the full article
AIG expands Gavin Spencer’s role to Head of Specialty, North America
22nd June 2026
American International Group, Inc. (AIG), a global insurer and reinsurer, has appointed Gavin Spencer as Head of Specialty, North America, in addition to his current role as Head of Marine of North America, a role he has held since 2024. Spencer has nearly two decades of industry experience in the US ... Read the full article
Stand expands Florida presence with launch of voluntary hurricane insurance product
22nd June 2026
Stand, a property insurance and risk mitigation company that uses advanced modelling to assess catastrophe exposure at the individual home level, has introduced its first voluntary hurricane insurance product in Florida. The launch marks an expansion of the company's activities in the state and reflects its strategy of linking insurance pricing ... Read the full article
W. R. Berkley appoints Kirk A. Parker as President, Berkley North Pacific
22nd June 2026
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has appointed Kirk A. Parker as President of Berkley North, effective immediately. Parker has nearly three decades of leadership experience in the property and casualty insurance industry. He also has expertise in optimising operations and accelerating profitable growth ... Read the full article
Lincoln Financial promotes three to Senior Management Committee
19th June 2026
Lincoln Financial, a US financial services company specialising in insurance, retirement and wealth management products, has announced the promotion of three senior executives to its Senior Management Committee (SMC). The company has named Darrel Tedrow as Executive Vice President, President of Life Insurance and Retail Shared Services; Curtis Chesney as Executive ... Read the full article
Canadian commercial insurance rate increases slow: Applied Systems
19th June 2026
Canadian commercial lines premium rates continued to increase in the first quarter of 2026, yet at 1.67% have declined relative to average premium renewals in the same quarter last year of 3.85%, according to Applied Systems’ Applied Commercial Index™. On a quarter-over-quarter basis, premium renewal rate increases softened across nearly all ... Read the full article
Aon Reinsurance Middle East announces key leadership appointments
19th June 2026
Aon, a global insurance and reinsurance broker and risk advisor, has announced two key leadership appointments within Aon Reinsurance Middle East Limited. Hassan Elamin has been named Managing Director, Facultative, Middle East, Africa and Turkey. In this role, Elamin will oversee the facultative business across the Middle East, Africa and Turkey, focusing ... Read the full article
Conning report says investment strategy may become a key differentiator for P&C insurers
19th June 2026
Conning, the investment management firm specialising in insurance and institutional investors, has published a new viewpoint examining how property and casualty (P&C) insurers are adapting investment portfolios as underwriting conditions become more competitive and the benefits from rising interest rates begin to diminish. In The Next Differentiator: Investment Strategy in the ... Read the full article
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