Reinsurance News
IUA strengthens team with new hires
15th January 2026
The International Underwriting Association (IUA), the representative body for companies underwriting business in the London insurance and reinsurance market, has confirmed two new appointments to its secretariat team. Both new hires will join the IUA’s underwriting and claims department, which supports numerous member committees dedicated to sharing expertise and improving market ... Read the full article
Markel promotes Ben House to Director of Energy & Power
15th January 2026
Markel Insurance, the insurance division of Markel Group Inc., has announced the promotion of Ben House to Director – Energy & Power. In his expanded role, House will oversee Markel’s Renewable Energy and Power portfolio across the International division, alongside his existing responsibilities as head of Markel’s Upstream, Midstream and Downstream ... Read the full article
UK insurers face continued market pressures as PRA outlines 2026 priorities
15th January 2026
In its 2026 supervisory priorities, the Prudential Regulation Authority (PRA) has noted that UK insurers face an uncertain environment, with elevated geopolitical tensions and sovereign debt pressures, highlighting the need to assess impacts on business models and ensure robust risk management, governance, and controls, including for downside scenarios. The PRA’s 2026 ... Read the full article
Cowbell names Simon Hughes as Chief Commercial Officer
15th January 2026
Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, has appointed Simon Hughes as Chief Commercial Officer. In the new role, Hughes will oversee Cowbell’s global commercial strategy, including distribution, partnerships, international expansion, and market development. This appointment aligns with the next phase of Cowbell's organisational journey, focused ... Read the full article
Circuit unveils real-time response system for crypto security with Lloyd’s backing
15th January 2026
Circuit, a digital asset infrastructure provider, has launched Response, a real-time risk containment system for crypto asset custodians, exchanges, and payment providers, which aims to help contain crypto hack risk. This launch follows Circuit’s completion of Lloyd's Lab Accelerator Cohort 14 and early investment from the Lloyd's Central Fund. This demonstrates the ... Read the full article
Aon names Kulshaan Singh as Enterprise Client Leader, APAC
15th January 2026
Global insurance and reinsurance broking group Aon has appointed Kulshaan Singh as Enterprise Client Leader, Asia Pacific (APAC), effective immediately. In his new role, Singh will be based in Singapore and reports to Craig Torgius, Chief Client Officer and Head of Enterprise Clients, Asia Pacific. Additionally, he is responsible for building strategic ... Read the full article
AM Best assigns ratings to Bridgehaven’s new EU carrier
15th January 2026
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Bridgehaven Europe Specialty DAC (BES), a newly acquired wholly owned subsidiary of Bridgehaven. As previously reported, Bridgehaven completed the acquisition and capitalisation of BES, formerly SureStone Insurance DAC, on ... Read the full article
Expanding insurance coverage could strengthen societies and boost sustainability: WEF
15th January 2026
Ludovic Subran, Chief Investment Officer at Allianz, and Christian Kroll, Visiting Professor at the London School of Economics (LSE), highlight in a World Economic Forum report that the insurance industry has a central role to play in addressing climate risks, economic instability, and social inequalities. The Forum notes that while ... Read the full article
WTW launches radar connector for databricks to simplify insurance analytics
15th January 2026
WTW, an advisory, broking and solutions company, has announced the launch of the Radar Connector for Databricks, strengthening its end-to-end insurance analytics and pricing platform. The new connector allows Radar users to connect securely to Databricks, removing manual data handling while speeding up analysis and improving data governance. Through the new ... Read the full article
UIB names Ray Spreadbury Head of Renewables and Divisional Director – Downstream
15th January 2026
UIB, a provider of specialist insurance and risk solutions for the energy and construction sectors, is pleased to announce the appointment of Ray Spreadbury as Head of Renewables and Divisional Director – Downstream within its Energy & Construction division. Spreadbury joined UIB in 2025 and brings over 30 years of experience ... Read the full article
Price Forbes Re appoints Nick Frankland as non-executive chairman
15th January 2026
Price Forbes Re has appointed Nick Frankland as non-executive chairman, effective 1 January 2026, based in London. Frankland brings more than 45 years of industry experience, having held a number of senior leadership roles at Aon, including reinsurance CEO for London and Bermuda, and most recently as chairman of the Global ... Read the full article
Unitary joins BIBA bringing zero-integration automation to UK brokers
15th January 2026
The British Insurance Brokers’ Association (BIBA) has welcomed automation platform Unitary, a specialist in streamlining complex insurance workflows, as an associate member. This strategic move strengthens Unitary’s commitment to the UK broker community following significant momentum in the managing general agent (MGA) sector and the successful launch of its Virtual Agents ... Read the full article
Karapinar and Fricke join Howden Re Fac to drive DACH growth
15th January 2026
Howden Re Fac has expanded its DACH team with the appointment of Enver Karapinar as Head of Facultative DACH and Andreas Fricke as Managing Director, Facultative Reinsurance DACH. According to Howden, Karapinar brings more than 30 years of experience across underwriting and broking, with deep expertise in facultative reinsurance and a ... Read the full article
Oxbow Partners opens New York office, strengthening US presence
15th January 2026
Oxbow Partners, a consulting firm known for its work in insurance and financial services, is celebrating a decade in business with a significant expansion into the United States through the launch of a New York office. Although the firm has long served clients across the UK, Europe, Bermuda, and the US, ... Read the full article
Texel names Rhys Davies Head of Restructuring
15th January 2026
The Texel Group, an independent specialist credit and political risk broker, has announced the appointment of Rhys Davies as Head of Restructuring, a newly created role. This new appointment establishes a centre of excellence, intended to enhance Texel’s client services. In his new role, Davies will collaborate with both the broking team ... Read the full article
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