Reinsurance News

QDB and SACE sign export credit reinsurance deal to back joint exports

17th June 2026

Qatar Development Bank (QDB) and SACE S.p.A., Italy’s export credit agency and one of the world’s leading Export Credit Agencies (ECAs), signed an export credit reinsurance agreement. Signed on June 11, 2026, this agreement creates a framework for both institutions to facilitate collaborative export activities involving Qatari and Italian firms in ... Read the full article

Fenchurch Advisory Partners to combine with Broadhaven Capital Partners

17th June 2026

Fenchurch Advisory Partners, an independent investment banking advisory firm, has announced it has entered into a definitive agreement to combine with Broadhaven Capital Partners. Fenchurch is dedicated exclusively to the financial services sector, with offices in London, New York and Paris. It provides independent advice to corporates and financial sponsors across ... Read the full article

Aegon announces senior leadership changes and confirms New York as future corporate headquarters

17th June 2026

Aegon, the multinational life insurance, pensions, retirement and asset management group, has announced a series of leadership changes as it progresses plans to relocate its head office and legal seat from the Netherlands to the United States. The company has confirmed that Will Fuller will become President and Chief Operating Officer ... Read the full article

Everett and Doy join Markel International’s Canada CTCS team

17th June 2026

Markel International, the insurance operations within Markel Group Inc., has appointed Alisha Everett as Assistant Vice President, Contractors, Trades and Construction Services, and Nicholas Doy as Manager within the CTCS team, effective immediately. In her new position, based in Toronto, Everett will lead Markel’s CTCS strategy across Canada, overseeing underwriting execution ... Read the full article

Orion180 lifts reinsurance cover 36% to $1.15bn for 2026 hurricane season

17th June 2026

Insurance solutions provider Orion180 Insurance has successfully completed its reinsurance programmes ahead of the June 2026 treaty renewals, securing $1.15 billion of capacity across its towers, a 36% year-on-year increase. The reinsurance programme covers Orion180’s growing admitted and surplus lines and is backed by a global panel of 41 highly rated ... Read the full article

Arch promotes Halgan to CEO of Global Reinsurance and Schmeiser to CEO of Global Mortgage

17th June 2026

Bermuda-based global insurance and reinsurance company, Arch Capital Group Ltd., has promoted Jerome Halgan to Chief Executive Officer (CEO) of Arch Global Reinsurance Group, and elevated Michael Schmeiser to CEO of Arch Global Mortgage Group. In their new roles, both Halgan and Schmeiser continue to report to Maamoun Rajeh, President of ... Read the full article

Everest launches casualty reinsurance sidecar with Stone Point as anchor investor

17th June 2026

Global insurer and reinsurer Everest Group has partnered with Stone Point Insurance Solutions to launch a new Bermuda-based casualty reinsurance sidecar called Annapurna Re Ltd., which is poised to deploy $600 million of third-party capital to support Everest's casualty and specialty reinsurance portfolios. Funds managed by Stone Point will serve as ... Read the full article

AI set to influence home and motor insurance renewals as consumers turn to digital agents, Accenture finds

17th June 2026

Accenture, a global professional services company, reports that artificial intelligence is becoming a significant factor in how consumers choose and renew home and motor insurance, with more than 70% of people expected to be influenced by AI in their insurance decisions within the next 12 months, according to its latest ... Read the full article

SCOR backs Carbon TerraVault storage project as part of energy transition strategy

17th June 2026

SCOR, the French-based global reinsurance group, has reaffirmed its commitment to supporting both energy development and the transition to lower-carbon solutions through its underwriting and investment activities. The company says its approach is guided by Environmental, Social and Governance (ESG) principles and is reflected in its support for projects designed to ... Read the full article

Reinsurance pricing down 22.8% across Gallagher Re’s portfolio at June Florida renewal

17th June 2026

Reinsurance pricing declined by an average of 22.8% across Gallagher Re’s portfolio at the June 2026 Florida renewal, reflecting a sharp softening driven by abundant capacity, improved terms and conditions, and the continuing impact of 2022 legislative reforms, according to Adam Schwebach, the firm’s Head of North American Property. Providing an ... Read the full article

Andy Desmond to lead Aon construction for Commercial Risk in UK

17th June 2026

Global professional services firm Aon has announced the appointment of Andy Desmond as head of construction for Commercial Risk in the UK, effective 1 July 2026. Bringing over 25 years of experience in both client-side and brokerage roles, Desmond will lead Aon's UK construction practice, tasked with advancing the firm's capabilities ... Read the full article

IUA/Airmic report calls for shift to outcome-based insurance to close protection gaps

17th June 2026

A new report published jointly by the International Underwriting Association (IUA) and Airmic is pushing the insurance market toward outcome-based policy structures in an effort to close widening protection gaps. The report was produced as the result of a series of roundtables held with Airmic and IUA members, with KPMG as ... Read the full article

Gallagher appoints Vullo and Hubbard as CEOs in its Specialty division

17th June 2026

Gallagher, a global insurance brokerage, risk management, and consulting firm, has appointed Alex Vullo and Mark Hubbard as Chief Executive Officers (CEOs) of Marine and Fine Art & Specie, and Property & Special Risks, respectively. Both appointments are within the broker’s Specialty division and will report to Sarah Lyons, CEO of ... Read the full article

RLI promotes Kevin Brownell to Vice President, Claim

17th June 2026

Specialty insurer RLI Corp. has announced the promotion of Kevin Brownell to Vice President, Claim. In his new role, Brownell will provide executive leadership and oversight of RLI's Casualty claim operations. He brings more than 25 years of insurance claims and legal experience to the position. Brownell joined RLI in 2018 as Claim ... Read the full article

AM Best affirms Vantage Risk’s A- rating post Howard Hughes acquisition

17th June 2026

Credit ratings agency AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Vantage Risk Ltd. (Bermuda) and its affiliates, effectively removing the firm from under review with developing implications after its recent acquisition by Howard Hughes ... Read the full article