Reinsurance News
Digital infrastructure one of the largest opportunities for reinsurers: Guy Carpenter’s Goodman
9th March 2026
At a recent Digital Infrastructure Press Webinar hosted by Marsh, a global insurance broker and risk advisor, speakers discussed how the scale, concentration and complexity of modern data centre projects are reshaping risk for insurers and reinsurers, while also creating major opportunities for capital deployment. The discussion featured Jeremy Goodman, Chief ... Read the full article
Descartes names Cripps as Business Development Associate, Australia
9th March 2026
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has appointed Will Cripps as a Business Development Associate, further expanding its Australian operations. Cripps joins the Sydney-based team, bringing specialist expertise in the agricultural sector. In the past, he has gained extensive experience deploying IoT sensors across ... Read the full article
Heritage reports net income of $195.6m in 2025 as CoR drops to 73.1%
9th March 2026
Heritage Insurance Holdings has reported sharply improved profitability for the full year 2025, with net income more than tripling on the back of stronger underwriting performance. The Florida-based property insurer posted full-year net income of $195.6m for 2025, up a massive 217.8% from $61.5m in 2024, while total revenue for the ... Read the full article
Markel International adds Jain as India’s Business Development & Distribution Lead
9th March 2026
Markel Insurance, the insurance operations within Markel Group Inc., has appointed Ravi Jain as Business Development and Distribution Lead for India, based in Mumbai, effective immediately. This appointment aligns with Markel's broader commitment to invest in India and build strong local partnerships through market expertise. In his new role, Jain will report ... Read the full article
Pension Insurance Corporation names Mike Eakins as incoming CEO
9th March 2026
Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has announced the appointment of Michael Eakins as its Chief Executive Officer (CEO), subject to regulatory approval. Dom Veney will continue to lead the company as Interim Chief Executive Officer until Mike formally assumes the role. Eakins is set ... Read the full article
Aon executes ‘first known’ stablecoin insurance premium payment among major brokers
9th March 2026
Global professional services firm Aon has completed what it describes as the “first known” stablecoin insurance premium payment among major brokers, following a successful proof of concept using U.S. dollar-backed stablecoins. Led by Aon’s digital asset practice, the initiative draws on the firm’s deep expertise in digital-asset risk advisory, applying its ... Read the full article
Gallagher Re appoints new broker for UK Casualty Fac
9th March 2026
Gallagher Re, a global reinsurance brokerage and advisory firm, has appointed Michael Stankard as Broker for UK Casualty Facultative. Stankard brings over 16 years of experience in financial and professional lines re/insurance. He began his career as an Assistant Professional Indemnity Underwriter at Towergate Underwriting Financial Risks, then joined HCC International as ... Read the full article
TD Cowen: AI likely to augment rather than replace insurance brokers
9th March 2026
A new analyst report from US-based investment bank and research firm TD Cowen argues that concerns about artificial intelligence (AI) fundamentally disrupting the insurance brokerage sector may be exaggerated, with the firm suggesting that the technology is more likely to enhance brokers’ capabilities than eliminate their role. The analysis, led by ... Read the full article
Generali agrees to sell Irish and Northern Irish P&C operations to Zurich
9th March 2026
Generali has reached an agreement for the sale of its Irish and Northern Irish P&C operations, carried out through the Irish and UK (Northern Ireland) branches of Generali Spain under the RedClick brand, to Zurich Insurance Europe AG and Zurich Insurance Company Ltd, UK Branch, both part of the Zurich ... Read the full article
Aon’s Livy Dai to lead Lockton China as CEO
9th March 2026
International insurance broking group Lockton has appointed Livy Dai as the new Chief Executive Officer (CEO) of Lockton China, based in Shanghai, reporting to Alex Yip, CEO of Lockton Greater China. He has nearly three decades of experience in risk management and insurance brokerage, along with a strategic mindset, client-centric focus, ... Read the full article
ABIR and Insurance Ireland call for regulatory changes to strengthen EU securitisation market
9th March 2026
The Association of Bermuda Insurers and Reinsurers (ABIR), an industry association representing Bermuda’s international insurers and reinsurers, and Insurance Ireland, the representative body for the Irish insurance sector, are urging European Union policymakers to make regulatory adjustments to the EU securitisation framework. According to the organisations, such changes would allow proven ... Read the full article
AXA XL names Sebastian Weaver as Head of Energy, UK & Lloyd’s
9th March 2026
AXA XL has appointed Sebastian Weaver as Head of Energy, UK & Lloyd’s, where he will lead the development and execution of underwriting strategies for the business, driving profitable growth, enhancing risk management, and expanding market presence. Weaver joins AXA XL from QBE, where he most recently served as Head of ... Read the full article
South Africa’s Santam eyes further international growth following strong 2025
9th March 2026
Santam Limited, South Africa’s largest general insurer, reported improved underwriting profitability in 2025 with a stronger combined ratio of 88.7%, while its Santam Re and Specialist Solutions businesses also performed well, increasing their non-South African gross written premiums (GWP) by 11% to R6.8 billion. Across the group, GWP rose to R43.96 ... Read the full article
Lockton Re to deploy agentic AI to streamline, drive growth
9th March 2026
Lockton Re, the reinsurance business of global broking group Lockton, has collaborated with Synechron (formerly known as Cloobees), a global digital transformation consulting firm, to launch the Agentforce 360 Platform, Salesforce’s agentic platform. This launch comes as the broker embraces AI, and notably agentic AI as a core part of its ... Read the full article
U.S. DFC to reinsure maritime losses in the Gulf of up to $20bn on a rolling basis
9th March 2026
The United States (U.S.) International Development Finance Corporation (DFC) and the U.S. Treasury have unveiled a plan to deploy Maritime reinsurance, including war risk, in the Gulf region, which has been approved by President Trump. This new agreement was announced by Ben Black, Chief Executive Officer (CEO) of DFC, and Scott ... Read the full article
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