Reinsurance News
Insurance news
Insurance news of relevance to the reinsurance market.
Our focus is on insurance and reinsurance news for large account, commercial and specialty lines, as well as pure reinsurance and retrocession news, analysis, insight and interviews.
Marsh Risk and Apollo launch Insurance Facility to support Uber’s autonomous vehicle expansion
12th March 2026
Marsh Risk, part of global insurance broker and risk adviser Marsh, and Apollo, a specialty insurer within Skyward Specialty Insurance Group, have announced the launch of a new insurance facility developed for Uber Technologies Inc.. The arrangement is designed to support the expansion of autonomous vehicles operating through Uber’s global platform. The ... Read the full article
MSIG Asia announces new senior leadership appointments
12th March 2026
MSIG Asia, a general insurer operating across Southeast Asia and part of MS&AD Insurance Group Holdings, has announced a number of senior leadership appointments that will take effect on 1 April 2026. Clemens Philippi, currently Chief Executive Officer of MSIG Asia and an Executive Officer of Mitsui Sumitomo Insurance, will assume ... Read the full article
US commercial insurance rate growth slows in Q4’25, reports WTW
12th March 2026
US commercial insurance premiums rose by 2.9% in the fourth quarter of 2025, continuing a steady slowdown from the 3.8% increases seen in the second and third quarters, according to global advisory and brokerage firm WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Insurers reported an overall 2.9% increase in Q4 2025, ... Read the full article
Devonshire Underwriting names Liria Martinez-Salmon MD to lead Southern Europe expansion
12th March 2026
Devonshire Underwriting, the Managing General Agent (MGA) focused on transactional risk (TR) underwriting, has appointed Liria Martinez-Salmon as Managing Director – Head of Southern Europe. The appointment represents a key step in the firm’s international growth and marks its first hire outside the UK. Based in Madrid, Martinez-Salmon will oversee Devonshire’s ... Read the full article
Markel Insurance names Phil Jones as CIO for International Operations
12th March 2026
Markel Insurance, the insurance, reinsurance and investment holding company, has announced the appointment of Phil Jones as Chief Information Officer (CIO), International, effective immediately. In the role, Jones will lead the technology strategy for Markel’s international business. His will shape and deliver the organisation’s technology vision while ensuring systems, data and ... Read the full article
AM Best reports decline in US P&C insurer impairments in 2024
11th March 2026
Only one US property and casualty (P&C) insurer was recorded as impaired in 2024, a notable reduction from the 13 impairments reported a year earlier, according to credit rating agency AM Best. AM Best outlines the findings in its report, 2024 US P&C Impairments Update. According to AM Best, the sole ... Read the full article
Gallagher Australia appoints JD Veldsman as Chief Commercial Officer
10th March 2026
Gallagher Australia, the local arm of the global insurance brokerage, risk management and consulting firm, has appointed Johannes-Daniel Veldsman as Chief Commercial Officer, where he will oversee the company’s specialist divisions and commercial strategy. In the role, Veldsman will manage Gallagher Australia’s areas of specialisation and support the continued development of ... Read the full article
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
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
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
Mission strengthens UK and Europe team with four senior appointments
9th March 2026
Mission, a MGA incubator, has announced four senior appointments as part of efforts to strengthen its UK and European operations and support its ongoing growth strategy. The company has appointed Abz Shipon and James Gallagher as Account Directors, Courtenay Davison as Head of Technology Delivery, and Rayhanah Russell as Programme Manager. Mission ... Read the full article
BHSI names Rory O’Broin Global Head of Transactional Liability
6th March 2026
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty and specialty insurance and part of Berkshire Hathaway, has appointed Rory O’Broin as Global Head of Transactional Liability. In this position, O'Broin will oversee BHSI’s transactional liability operations worldwide. He brings significant international experience in M&A-related transactional liability, contingent risk ... Read the full article
Coalition report finds sharp rise in ransomware demands as most businesses refuse to pay
6th March 2026
Coalition, a cyber insurance and security company, has published the findings of its 2026 Cyber Claims Report, showing that initial ransomware demands in 2025 increased significantly, rising 47% year-on-year. Despite the sharp rise in demands from threat actors, Coalition’s data indicates that a record 86% of affected businesses refused to pay ... Read the full article
Commercial insurers best positioned to benefit from AI in P&C sector: Goldman Sachs
6th March 2026
Goldman Sachs, an investment bank and financial services company, has published an analysis exploring how artificial intelligence could influence the property and casualty (P&C) insurance sector. In the report, Goldman Sachs says it has developed what it describes as "an initial framework to assess the impact of AI across P&C insurance ... Read the full article
Insurance AI deployments jump 87% as GenAI and agentic systems expand, says Evident
6th March 2026
The global insurance sector has seen an 87% year-on-year increase in artificial intelligence deployments, according to research by Evident, a London-based provider of AI intelligence and analytics for the insurance industry. Using its Evident AI Use Case Tracker for Insurance, which it describes as a comprehensive database of AI initiatives in ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
