Reinsurance News
Zurich
Zurich is one of the largest insurance companies in the world. Headquartered in Switzerland, Zurich Insurance provides a wide range of specialist commercial insurance products and is a meaningful buyer of reinsurance protection.
Zurich backs new captive regime’s potential to strengthen UK insurance sector
15th October 2026
The consultation on the creation of a new regulatory framework for captive insurance in the UK has closed, with Zurich Insurance saying it has the potential to strengthen the UK’s position as a leading global insurance centre. In July 2026, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority ... Read the full article
Scott Yin to lead Zurich China as CEO
14th October 2026
Large European insurer Zurich has appointed Scott Yin as its new Chief Executive Officer (CEO) for Zurich China, pending regulatory approval. In the new role, Yin will be based in Shanghai, reporting to Eric Hui, CEO of Greater China at Zurich. He will lead the next phase of growth for Zurich’s commercial ... Read the full article
Fitch upgrades Beazley’s rating, cites strategic importance to Zurich
7th October 2026
After Zurich Insurance Group completed its 100% acquisition of specialist insurer Beazley, Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of Beazley Insurance DAC to 'AA' from 'A+', and also upgraded the Long-Term Issuer Default Ratings (IDRs) of the Dublin subsidiary and Beazley plc to 'AA-' from 'A'. On ... Read the full article
Kristof Terryn to lead ‘world’s largest’ specialty insurance business as Beazley joins Zurich
2nd October 2026
Kristof Terryn has been appointed CEO of Beazley and Zurich Global Specialty, subject to regulatory approval, following Zurich’s £8.1bn acquisition of Beazley, creating what it describes as the world’s largest specialty insurance business. The combined business will be headquartered in London, with Terryn taking over as Adrian Cox departs Beazley ... Read the full article
Zurich completes £8.1bn Beazley takeover ahead of LSE delisting
1st October 2026
Zurich has completed its £8.1bn takeover of Beazley, with the London-headquartered specialist insurer now set to delist from the London Stock Exchange following the implementation of the court-sanctioned scheme of arrangement. The scheme became effective today, 1 October 2026, after Beazley and Zurich delivered a copy of the court order ... Read the full article
WTW and Zurich expand partnership with global rollout of Radar across retail lines
21st September 2026
Global insurance and reinsurance broking group WTW has signed a global agreement with Zurich Insurance to deploy Radar, WTW's end-to-end rating and analytics software, across Zurich's target retail insurance markets worldwide. Selected after a rigorous process, the deal builds on and significantly expands the two companies' existing agreement that previously saw ... Read the full article
Alex Wells selected to serve as CEO of Zurich U.S.
15th September 2026
Alex Wells has been selected to serve as CEO of Zurich U.S., subject to customary approvals, following the departure of Sierra Signorelli. Zurich described Wells as a seasoned commercial insurance executive with more than 25 years of experience. He most recently served as president of Zurich U.S.’s Middle Market, Programs, Captives and ... Read the full article
Anita Gabat named Head of Commercial Insurance, Zurich UK
15th September 2026
Large primary carrier Zurich has announced the appointment of Anita Gabat as Head of Commercial Insurance in the UK, succeeding Frank Streidl, who will take on a new global role as Head of Energy. Currently serving as Head of Property in Zurich’s UK commercial business, Gabat will ... Read the full article
Zurich’s £8.1bn Beazley acquisition to complete October 1 following regulatory clearance
14th September 2026
Zurich Insurance and Beazley have confirmed that Zurich's recommended all-cash acquisition of the London-headquartered specialist insurer is on track to take effect on 1 October 2026, after all required regulatory approvals were secured. In a joint update issued today, the two firms confirmed that every regulatory approval required for the transaction ... Read the full article
Zurich reveals cat reinsurance towers, separates US peak perils protection
6th August 2026
Large European insurer Zurich has disclosed its catastrophe reinsurance towers after the mid-year renewals, which for the first time breaks out its US peak perils protection, and reveals slight adjustments to its US all perils and Europe all perils arrangements. As we reported previously, Zurich recently secured a $1 billion ... Read the full article
Zurich gets $1bn reinsurance protection for data centres as profit hits all-time high of $4.8bn
6th August 2026
For the first half of 2026, large insurer Zurich has reported accelerated growth across all areas, with momentum propelled by specialty, middle market, life and farmers, where demand is being driven by technology advancements, construction, evolving protection needs and shifting market dynamics. To comply with this growing demand, Zurich has entered ... Read the full article
European Commission approves Zurich’s acquisition of Beazley
9th July 2026
Under the EU Merger Regulation, the European Commission has approved the acquisition of sole control of London-headquartered specialist insurer Beazley by global insurer Zurich Insurance Group Ltd. The Commission concluded that the notified transaction would not raise competition concerns, given the companies' limited market positions. The notified transaction was examined under ... Read the full article
Zurich and YAS launch embedded insurance for robots in Hong Kong
17th June 2026
Zurich Insurance (Hong Kong), part of Zurich Insurance Group, has collaborated with YAS Insurance, a data and AI risk technology company, to promote the use of AI and robotics in Hong Kong through an embedded insurance solution. Under the partnership, Zurich will develop bespoke micro-insurance products for robots and embed coverage ... Read the full article
Zurich UK to become Jensten Underwriting’s primary capacity provider
10th June 2026
Jensten Underwriting, a managing general agent within the Jensten Group, has announced a multi-year agreement with Zurich UK under which Zurich will serve as Jensten’s primary capacity provider, supporting the growth and future development of the MGA division. The five-year cornerstone placement provides more than £300 million of cross-class property, casualty, ... Read the full article
Zurich expands its data centre insurance to five new countries
5th June 2026
Large primary carrier Zurich Insurance Group has expanded the availability of Data Centre Project Guard, a comprehensive insurance and risk management solution for large-scale construction projects, to meet growing global customer demand for coordinated protection. Following its successful U.S. debut, where Zurich underwrote more than 245 data centre construction projects in ... Read the full article
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