Reinsurance News
Energy
Reinsurance at the forefront as Iran conflict drives global energy shock: Peak Re
30th March 2026
In a recent analysis from Peak Re, the Hong Kong-based global reinsurer, the company set out its assessment of the economic and re/insurance market implications of the Iran conflict, with analysis led by Vice President, Economist, Kritika Kashyap. Peak Re frame the situation not simply as a geopolitical crisis, but as ... Read the full article
Climative introduces insurance platform to turn climate risk insight into practical action
30th March 2026
Climative, a property-level climate intelligence firm, has introduced a new insurance-focused platform aimed at helping insurers communicate climate risk to homeowners in a clearer and more practical way. The company, which specialises in translating complex environmental data into property-specific insights, says the platform is designed to support both insurers and homeowners ... Read the full article
Markel International appoints Camilla Roughan to Senior Underwriter – Energy
26th March 2026
Markel International, the specialist insurance arm of Markel Group Inc., has appointed Camilla Roughan as Senior Underwriter – Energy with immediate effect. In her new position, Roughan will oversee underwriting for Markel’s upstream and midstream energy portfolio. Her remit includes reinforcing underwriting discipline while further developing relationships with brokers and clients. By ... Read the full article
Renew Risk appoints Joshua Macabuag as Chief Executive Officer
18th March 2026
Renew Risk, a specialist provider of analytics focused on risks affecting renewable energy assets, has named Joshua Macabuag OBE FREng as its new Chief Executive Officer. The company develops catastrophe risk models and data tools designed to support the insurance and energy sectors in assessing and managing risks linked to renewable ... Read the full article
US insurance proposal may not be enough to restart shipping through the Strait of Hormuz
5th March 2026
Morningstar DBRS, the international credit ratings and research firm, has said that a proposal by the government of the United States to support insurance for vessels travelling through the Strait of Hormuz may not be sufficient to rapidly restore commercial navigation in the region. In recent commentary, Morningstar DBRS states that ... Read the full article
Insurance market braces for systemic shock as Iran conflict threatens multi-line losses: Kennedy’s
3rd March 2026
Kennedys, an international insurance law firm, has warned that the developing conflict involving the United States, Israel and Iran presents the prospect of a rare, multi-line event for the global insurance and reinsurance market. In Kennedys’ assessment, the combination of sustained military action, disruption to energy flows and prolonged regional instability ... Read the full article
Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy
19th February 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior underwriter appointments in Milan to manage the new divisions, expand LSM’s offering in Italy ... Read the full article
Canopius launches consolidated Natural Resources team
9th February 2026
International specialty P&C re/insurer Canopius, has announced a strategic restructuring of its underwriting capabilities with the formation of a consolidated Natural Resources team. This move is a response to a rapidly shifting market landscape, where the boundaries between energy, heavy industry, and construction are increasingly fluid. The new Natural Resources team integrates ... Read the full article
MS Amlin’s former Head of Natural Resources joins The Hartford
22nd January 2026
US-based insurer The Hartford has announced the appointment of MS Amlin’s former Head of Natural Resources, Julian Samuel, as Head of International Marine, Energy & Industrial Risk within Global Specialty. Samuel joins The Hartford with over three decades of industry experience. Prior to his new position, the executive served as Non ... Read the full article
OneNexus and Travelers partner to launch surety platform for energy sector
6th January 2026
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, Inc., a North American surety provider, establishing a new surety program specifically designed for the energy sector. Through this partnership, Travelers, a Treasury-listed surety company, will provide surety bonds backed by a long-term funding platform ... Read the full article
Willis Re hires Guy Carpenter marine and energy specialists
10th December 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has welcomed numerous marine and energy specialists from Guy Carpenter, the reinsurance arm of Marsh McLennan. Freddie Vaughan brings over 14 years of experience in the Specialty Reinsurance market. He started his career with JLT Re in ... Read the full article
Zurich North America appoints Tom Morelli as US Head of Energy
3rd December 2025
Zurich North America, the commercial property and casualty insurer, has announced the appointment of Tom Morelli to the newly created role of U.S. Head of Energy, where he will lead a new strategic business unit within Specialties. Based in New York, Morelli will be responsible for shaping the technical and strategic ... Read the full article
Apollo promotes Jackson to Head of Marine, Energy & Transportation, Mason to retire
24th November 2025
Martin Jackson will succeed Simon Mason as Head of Marine, Energy & Transportation at Apollo, the specialist Lloyd’s re/insurance group, effective 1st January 2026, following Mason's retirement. Mason, who has been with Apollo since 2013, will remain available to support the business during the upcoming reinsurance renewals, continuing to provide advice ... Read the full article
London Market a critical partner in energy security and growth: LMG
20th November 2025
A new report from the London Market Group has identified energy security as a cornerstone of national resilience and strategic autonomy, emphasising the crucial role of insurance, particularly the London Market, in unlocking, promoting, and enabling the growth of new energy sources in the UK and worldwide. LMG's new report, "Helping ... Read the full article
Alex Kirkby joins Willis Re’s Marine & Energy business
4th November 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced the appointment of Alex Kirkby to its Marine & Energy business in London. Kirkby brings more than a decade of experience across both underwriting and broking. He joins Willis Re from Ascot Group, where ... Read the full article
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