Reinsurance News
Slide expands homeowners coverage to California at ‘critical time’ for state
5th May 2026
Slide Insurance Holdings, Inc. has expanded into California, launching a residential property excess and surplus (E&S) lines program and writing its first policy in the state. Slide observed that with its arrival, California homeowners and landlords will now benefit from the firm's expertise in underwriting catastrophe-exposed markets, supported by strong capitalisation ... Read the full article
Berkshire Hathaway flags cyber uncertainty and holds back on data centre cover
5th May 2026
Berkshire Hathaway, the US-based conglomerate with significant insurance and reinsurance operations, has underlined its cautious approach to emerging risk areas, with Vice Chairman of Insurance Operations Ajit Jain highlighting ongoing concerns around cyber underwriting and limited activity in the fast-growing data centre sector. On cyber, Ajit Jain said demand for cover ... Read the full article
The Baldwin Group’s total revenue rises 29% to $532.2m in Q1’26
5th May 2026
The Baldwin Group, an independent insurance brokerage and advisory firm, has reported total revenues of $532.2 million for the first quarter of 2026, a 29% increase compared to $413.4 million in the prior-year period. The company reported that organic revenue increased 2% year over year. In Q1’26, The Baldwin Group posted a ... Read the full article
Aon report finds favourable conditions in early 2026 insurance market, alongside rising global risks
5th May 2026
Aon plc, a global professional services firm, has published its Q1 2026 Global Insurance Market Insights report, setting out its view on current conditions in the commercial insurance market. Aon reports that the year has begun with conditions that are generally supportive for buyers, including strong capacity, adaptable underwriting and competitive ... Read the full article
Compre remains flexible as appetite expands into prospective and capital solutions, says CUO Bardon
5th May 2026
Rachel Bardon, Chief Underwriting Officer (CUO) at international specialty reinsurance group Compre, said the company is expanding its appetite to include more prospective and capital-focused transactions as the legacy market continues to evolve, while remaining rooted in traditional legacy transactions. In an interview with Reinsurance News at Compre’s headquarters in Bermuda, ... Read the full article
Leaders reflect on market shifts at Swiss Re’s first Legacy Market Dialogue
5th May 2026
Global reinsurer Swiss Re’s inaugural Legacy Market Dialogue (LMD) brought together experts from across the expanding P&C legacy marketplace, to debate perspectives and reflect on the state of an increasingly complex and nuanced part of the risk transfer universe. Across February 10th and 11th in Rüschlikon, Switzerland, senior legacy sector ... Read the full article
Kevin Rethual named CEO of Munich Re Retakaful
5th May 2026
Kevin Rethual has been appointed Chief Executive Officer of Munich Re Retakaful, effective 1st June 2026. In his new role, Rethual will be based in Malaysia and report to Owais Ansari, Head of Regional Market Reinsurance MEA at Munich Re. He succeeds Serena Thio, who has played a key role in shaping ... Read the full article
Reinsurance profitability expected to remain well above cost of equity in 2026: Gallagher Re
5th May 2026
The global reinsurance sector delivered a standout performance in 2025, with profitability and capital reaching unprecedented levels, according to Gallagher Re’s Full Year Reinsurance Market Report. Total dedicated reinsurance capital rose to a record $648 billion, representing an 11% increase on 2024 and marking the second-strongest year for capital growth in ... Read the full article
IRB(Re) lifts underwriting result 74% in Q1’26 as CoR improves
5th May 2026
IRB(Re) has opened 2026 with a stronger underwriting performance and improved profitability metrics, despite a decline in net income. The Brazilian reinsurer posted an underwriting result of R$180 million in Q1 2026, a 74% increase over the same period last year, reflecting disciplined underwriting and improved portfolio performance. This helped drive a ... Read the full article
Shamieh in frame for Berkshire insurance leadership as Jain tenure continues
5th May 2026
A report by The Wall Street Journal says Berkshire Hathaway has identified Charlie Shamieh as the likely successor to Ajit Jain, the group’s Vice Chairman of Insurance Operations. Citing people familiar with the matter, WSJ said the timing of the transition remains uncertain, with Shamieh expected to take over leadership of ... Read the full article
ALIRT reports maturing conditions in US fronting insurance market
5th May 2026
ALIRT Insurance Research, an independent provider of analytical research on the insurance sector, has reported that the United States fronting insurance market is transitioning into a more mature and disciplined stage, with the observation forming part of its Fronting Insurers Update – April 2026. The US fronting model—where insurers issue policies ... Read the full article
Fairfax P&C re/insurance Q1’26 income increases on improved underwriting performance
5th May 2026
Fairfax Financial Holdings Limited has announced its financial result for the first quarter of 2026, reporting net earnings of $695.7 million, compared to the $945.7 million reported in the same period last year. The company’s property and casualty (P&C) insurance and reinsurance operations produced adjusted operating income of $1,213.4 million, up ... Read the full article
Gallagher Re appoints Jun Liu as Head of China Agriculture
5th May 2026
Gallagher Re, a global reinsurance broker and risk advisory firm, has announced the appointment of Jun Liu as Head of China Agriculture, in addition to his current role as Deputy Head of the Beijing team. The executive joined Gallagher Re in 2025 from Datong Insurance, where he served as Deputy Head ... Read the full article
Berkshire Hathaway re/insurance underwriting earnings rose 29% to $1.717bn in Q1 2026
2nd May 2026
Berkshire Hathaway, the American multinational conglomerate holding company, has reported increased net underwriting earnings from its insurance and reinsurance businesses of $1.717 billion for the first-quarter of 2026, a roughly 29% increase on the prior year. The company has again cited a competitive property reinsurance market and lower rate environment as ... Read the full article
AI advancing faster than expected as AIG builds multi-agentic solution: CEO Zaffino
1st May 2026
Peter Zaffino, Chairman and CEO of AIG, said artificial intelligence (AI) has advanced at a faster pace than expected over the past nine months, as he outlined the company’s next phase of AI deployment, focused on developing a multi-agentic solution with an orchestration layer coordinating specialised AI agents. During AIG’s First ... Read the full article
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