Reinsurance News
London Market
Fitch reaffirms ‘deteriorating’ outlook for global reinsurance amid softer pricing cycle
16th June 2026
A new report from Fitch Ratings has reaffirmed its 'deteriorating' outlooks for the Global Reinsurance and UK London Market sectors, with softer pricing cycles said to be having a more acute effect. In a new report, Fitch noted that although the global insurance sector outlook remains “neutral” as of mid-2026, supported ... Read the full article
Duck Creek introduces multi-country layer enhancements as part of global expansion
12th June 2026
Duck Creek Technologies, a provider of software for the property and casualty insurance industry, has announced the expansion of its global platform strategy and support for insurers operating across international markets. Building on its commitment to help carriers scale globally, Duck Creek introduced enhancements to its Multi-Country Layer architecture and announced ... Read the full article
Pro Global launches European broker platform after securing Lloyd’s Europe accreditation
3rd June 2026
Pro Global, a provider of specialist services and advisory solutions to the insurance industry, has launched Pro Broker Europe GmbH, a new European platform created to support UK-based brokers seeking to establish and grow their presence across Europe. The launch follows Pro Broker Europe GmbH receiving Lloyd’s Europe accreditation, which Pro ... Read the full article
Pen Underwriting expands yacht hull capacity to support broader range of risks
2nd June 2026
Pen Underwriting, a specialist managing general agent (MGA) operating across multiple insurance classes and territories, has increased the yacht hull insurance capacity available through its marine division, raising limits by 50% to USD/EUR 15 million with immediate effect. The enhanced capacity is being delivered through Vessel Protect, Pen Underwriting’s specialist yacht ... Read the full article
Specialty insurance rates ease more quickly than forecast, returning to 2020 levels: WTW
7th May 2026
WTW, the global insurance consulting and technology company, has found that specialty insurance rates fell throughout 2025 and continued to ease at the 1 January 2026 renewals, with declines exceeding earlier expectations from both insurers and brokers. The findings are drawn from WTW’s Specialty Insurance Marketplace Survey (SIMS), which the firm ... Read the full article
ACORD names Tim Ellis as UK Managing Director, outlines expansion of advisory services
29th April 2026
ACORD, the global standards-setting body for the insurance industry, has announced the appointment of Tim Ellis as Managing Director – UK. The organisation develops data standards to support consistent and efficient information exchange across insurance markets, and says Ellis will focus on advancing the uptake and evolution of ACORD Data Standards ... Read the full article
Optalitix partners with H.W. Kaufman to support London Market scaling through Burns & Wilcox
27th April 2026
Optalitix, an Insurtech focused on underwriting and pricing solutions, has announced a strategic partnership with H.W. Kaufman Group, a global insurance organisation, to assist in expanding its London Market business through Burns & Wilcox, its wholesale insurance broking and underwriting arm. The arrangement is aimed at strengthening how London Market commercial ... Read the full article
IUA launches NextGen Underwriting Committee to support early-career talent
22nd April 2026
The International Underwriting Association (IUA), a representative body for insurance and reinsurance companies operating in the London Market, has announced the formation of a new underwriting group aimed at professionals in the early stages of their careers. Known as the NextGen Underwriting Committee, the initiative is designed to support emerging talent ... Read the full article
The Fidelis Partnership and Pine Walk introduce new London hub at Grace Hall
15th April 2026
The Fidelis Partnership (TFP), a specialty insurance and reinsurance group, together with Pine Walk, its managing general agent (MGA) platform, has opened a new office at Grace Hall in London. Grace Hall is a Grade II listed building on Leadenhall Street in the City of London, originally established in 1927 as ... Read the full article
Euna expands professional indemnity offering into London Market
8th April 2026
Euna, a specialist managing general agent (MGA), has announced the expansion of its professional indemnity offering to the London Market. The move marks a significant step in the company’s growth, aimed at scaling its operations and providing bespoke solutions for increasingly complex professional risks. With over a decade of trading experience, Euna ... Read the full article
London Market insurance set for moderate profitability amid evolving risks, says AM Best
1st April 2026
Credit rating agency AM Best has indicated that the outlook for the London Market insurance sector remains stable, with profitability expected to moderate through 2026 while still staying positive, provided catastrophe experience remains within normal bounds. According to AM Best, a combination of pricing dynamics, investment conditions and shifting global risks ... Read the full article
Readhunt gains Lloyd’s of London Broker registration
25th March 2026
Readhunt, an independent insurance broker providing UK businesses with sector-specific expertise and tailored cover, has received Lloyd’s of London Broker registration. The accreditation broadens the firm’s ability to offer customised insurance solutions across multiple sectors, marking an important point in its strategic development. The registration allows Readhunt to access Lloyd’s syndicates directly, ... Read the full article
Acrisure London Wholesale launches aviation division with leadership appointment
23rd March 2026
Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has moved into the aviation insurance sector with the launch of a dedicated specialist team. The development comes shortly after the firm introduced its construction division, highlighting its ongoing focus on building out expertise across targeted, high-value segments. From 16 March, Jonny ... Read the full article
B.P. Marsh invests in energy-focused start-up broker Ventura
18th March 2026
B.P. Marsh & Partners Plc, an investor specialising in early-stage financial services businesses, has announced an investment in Ventura Risk Partners Holdings Limited, a newly established insurance broker focused on energy risks within the Lloyd’s and wider London insurance markets. As part of the transaction, B.P. Marsh has taken a 25% ... Read the full article
SiriusPoint announces new Global P&C Programs & London Market Specialty divisions
16th March 2026
SiriusPoint, a specialty insurer and reinsurer, has announced changes to its business structure, which will now operate through four business areas: Global P&C Programs, Global Reinsurance, Global Accident & Health, and a London Market Specialty division, which includes Lloyd's. The new Global P&C Programs division will combine SiriusPoint’s existing North America ... Read the full article
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