Reinsurance News
Re/insurance sector to gain from steady growth and easing inflation in 2026: Swiss Re
12th March 2026
The global re/insurance industry is expected to continue benefiting from a broadly favourable external operating environment in 2026, supported by solid global economic growth of around 2.8%, broadly in line with 2025, and further moderating inflation, despite short-term volatility, according to Swiss Re’s annual report. The reinsurer noted that in 2025, ... Read the full article
W. R. Berkley names Ryan Miller as President of Berkley Southeast
12th March 2026
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has appointed Ryan Miller as President of Berkley Southeast, effective immediately. Berkley Southeast provides comprehensive commercial insurance solutions for specific industries. Miller has over 25 years of experience in commercial insurance operations, underwriting, and field management in roles of ... Read the full article
Neptune Flood launches insurance app within ChatGPT
12th March 2026
Neptune Flood has launched a digital flood insurance app within ChatGPT, allowing property owners to receive real-time preliminary flood insurance quotes from Neptune directly through the platform. According to Neptune Flood, customers can now ask questions about coverage and receive an instant preliminary quote through a conversational AI interface, “simplifying the ... Read the full article
Fidelis Insurance promotes Nicole Kapu-Leyland to Group General Counsel
12th March 2026
Fidelis Insurance Group, a global insurance and reinsurance company headquartered in Bermuda, has announced the appointment of Nicole Kapu-Leyland as Group General Counsel. In her new role, Kapu-Leyland will report directly to Dan Burrows, Group Chief Executive Officer of Fidelis Insurance Group. She joined the company in September 2023 as Senior Legal ... Read the full article
Marsh Risk and Apollo launch Insurance Facility to support Uber’s autonomous vehicle expansion
12th March 2026
Marsh Risk, part of global insurance broker and risk adviser Marsh, and Apollo, a specialty insurer within Skyward Specialty Insurance Group, have announced the launch of a new insurance facility developed for Uber Technologies Inc.. The arrangement is designed to support the expansion of autonomous vehicles operating through Uber’s global platform. The ... Read the full article
MSIG Asia announces new senior leadership appointments
12th March 2026
MSIG Asia, a general insurer operating across Southeast Asia and part of MS&AD Insurance Group Holdings, has announced a number of senior leadership appointments that will take effect on 1 April 2026. Clemens Philippi, currently Chief Executive Officer of MSIG Asia and an Executive Officer of Mitsui Sumitomo Insurance, will assume ... Read the full article
US commercial insurance rate growth slows in Q4’25, reports WTW
12th March 2026
US commercial insurance premiums rose by 2.9% in the fourth quarter of 2025, continuing a steady slowdown from the 3.8% increases seen in the second and third quarters, according to global advisory and brokerage firm WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Insurers reported an overall 2.9% increase in Q4 2025, ... Read the full article
PERILS places final industry loss estimate for Cyclone Alfred at AU $1.877bn
12th March 2026
Zurich-based catastrophe insurance data provider PERILS has disclosed its fourth and final industry loss estimate for Cyclone Alfred, noting the event has cost the insurance industry a total of AUD 1.877 billion. This final figure compares to the previous loss estimates of AUD 2.568 billion, AUD 2.250 billion and ... Read the full article
Specialty re/insurers face increased loss risk from prolonged Iran conflict: Moody’s
12th March 2026
A new Moody’s report has warned that the ongoing conflict involving Iran has heightened tail risk for specialty insurers and reinsurers, namely those underwriting complex exposures such as marine war‑risk, aviation and political violence, by increasing the probability of large, concentrated claims if hostilities persist or escalate. The rating agency's "baseline ... Read the full article
Gallagher Re appoints Steven Housse as Facultative Reinsurance Leader, NA
12th March 2026
Global reinsurance broker Gallagher Re has announced the appointment of Steven Housse as Facultative Reinsurance Leader for North America, effective 12th March 2026. In his new role, Housse will lead the company’s facultative strategy across North America and Canada, focusing on individual risks and facultative facilities across property & casualty and ... Read the full article
Middle East war exposure likely in specialty lines, but nothing major in actual losses yet, says Hannover Re
12th March 2026
Sven Althoff, Member of the Executive Board for Property & Casualty at Hannover Re, said this morning that the reinsurer is expecting losses from the ongoing conflict in the Middle East in its specialty reinsurance book, although so far there's a lack of any noticeable reported losses. Given the live and ... Read the full article
VIG profit before taxes exceeds €1bn for the first time in 2025
12th March 2026
Vienna Insurance Group (VIG) achieved strong growth in premiums to €16.3 billion and a significant 31.7% rise in profit before taxes to €1.16 billion for 2025, with the firm highlighting robust levels of profitability in all countries. In terms of premiums written, VIG saw growth of 10.7% in Poland, 9.2% in ... Read the full article
ICA declares Significant Events for NT and Queensland floods
12th March 2026
The Insurance Council of Australia (ICA) has declared two Significant Events for communities affected by recent severe rainfall and flooding in the Northern Territory and Queensland. The Northern Territory flooding includes Katherine and surrounding regions, while the Queensland event includes the Bundaberg region and Burnett River catchment. Insurers have started receiving claims ... Read the full article
Heightened risk of severe cyberattacks amid Middle East conflict: S&P
12th March 2026
According to S&P Global Ratings, cyber-risk analytics firms have reported heightened activity by threat actors and affiliated hacktivist groups since the outbreak of the Middle East war, including distributed denial-of-service attacks, phishing campaigns and attempts to compromise corporate networks and critical infrastructure. With this in mind, the rating agency said there ... Read the full article
Devonshire Underwriting names Liria Martinez-Salmon MD to lead Southern Europe expansion
12th March 2026
Devonshire Underwriting, the Managing General Agent (MGA) focused on transactional risk (TR) underwriting, has appointed Liria Martinez-Salmon as Managing Director – Head of Southern Europe. The appointment represents a key step in the firm’s international growth and marks its first hire outside the UK. Based in Madrid, Martinez-Salmon will oversee Devonshire’s ... Read the full article
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