Reinsurance News

property

Ariel Re appoints Sompo’s Sierra Dietz as Underwriter, Property Reinsurance

13th March 2026

Global reinsurer Ariel Re has announced the appointment of Sierra Dietz as Underwriter – Property Reinsurance. Dietz brings eight years of industry experience across claims, modelling, and underwriting. She joins Ariel Re after nearly eight years at Sompo, initially working as a Claims Associate before becoming a Junior Catastrophe Modelling Analyst and ... Read the full article

Ariel Re appoints Sarah Morgan and Reed Gaglio to property leadership roles

5th March 2026

Global reinsurer Ariel Re has announced the appointments of Sarah Morgan as Head of Property and Reed Gaglio as Head of E&S Property Reinsurance, both effective 1st April, 2026. Morgan succeeds Mike Cornish, who has held the role at Ariel Re since 2018. Cornish will continue with the company in a ... Read the full article

Reinsurers largely in agreement that cat pricing will decline into 2027 absent a major event, say analysts

4th March 2026

Reinsurers at the 2026 annual conference of the American Insurance & Financial Analysts (AIFA) were broadly aligned that catastrophe pricing is likely to continue declining into 2027 unless a materially larger loss event disrupts capital. Analysts from Goldman Sachs, the investment bank and financial services firm, reports that brokers and carriers ... Read the full article

Gallagher Re appoints Kevin Ingram as VP, USA Property Fac

25th February 2026

Global reinsurance broker Gallagher Re has announced the appointment of Kevin Ingram as Vice President – USA Property Facultative. Ingram brings more than 25 years of reinsurance industry experience, spanning reinsurance accounting, US and international facultative property underwriting, and facultative property reinsurance broking. He has a strong track record of managing cross-functional ... Read the full article

QBE Asia names Chubb’s Carles Tondo as Head of Property, Asia

24th February 2026

QBE Asia has announced the appointment of Carles Tondo as Head of Property for Asia, effective immediately. Tondo will assume responsibility for the property portfolio from Brendan Dunlea, Regional Head of Construction and Engineering at QBE Asia, who will continue to lead the construction, engineering, renewables and power generation businesses, as ... Read the full article

Consilium launches blended PI, D&O and crime policy for real estate

16th February 2026

Consilium, a specialist re/insurance brokerage, has launched a blended professional indemnity (PI), directors & officers (D&O) and crime policy to address the risks faced by real estate professionals when working collaboratively on property deals and ventures. The launch aims to address the market gap left by a single PI and D&O ... Read the full article

US casualty pricing expected to diverge amid softening P&C landscape: Morningstar DBRS

5th February 2026

As the US commercial property and casualty (P&C) insurance market is experiencing significant softening across most sectors, as of Q3 2025, US casualty lines remain an exception, with rates continuing to rise, Morningstar DBRS highlights in a recent report. The decline in rates had been driven by competition, strong market ... Read the full article

Personal auto and property premiums in Canada rise YoY in Q4’25: Applied Systems

3rd February 2026

Applied Systems has released the Q4 2025 results of the Applied Commercial Index, the Canadian insurance industry’s premium rate index, showing that average premium rate change increased year over year for both Personal Auto and Personal Property lines. Quarter over quarter, average premiums for Personal Auto increased in all provinces, while ... Read the full article

PERILS issues final industry loss estimate of €765m for Windstorm Éowyn

26th January 2026

PERILS, the independent Zurich-based organisation that provides industry-wide catastrophe insurance data, has published its fourth and final industry loss estimate for Windstorm Éowyn, which affected the British Isles on 24 and 25 January 2025, with PERILS stating that the final estimate of the insured market loss stands at €765 million. Read the full article

US Property cat price declines greater than expected at Jan renewals: Gallagher Re

16th January 2026

Reinsurance broker Gallagher Re has shared its expert commentary on property lines in the United States at the January 1, 2026, renewals, highlighting that “pricing declines for property cat were greater than expected on average.” According to Gallagher Re’s ‘First View: Options and Opportunities’ report, a surge in available capacity and ... Read the full article

Skyward Specialty introduces excess coverage for E&S property

15th January 2026

Skyward Specialty Insurance Group, Inc., part of Skyward Group, has broadened its Excess & Surplus (E&S) property offerings by introducing excess coverage. The expansion is part of the Company’s ongoing efforts to provide a wider range of E&S solutions. The additional capacity is intended to support layered programmes for complex, non-catastrophe ... Read the full article

Improved P&C insurance Q3‘25 underwriting results driven by US personal lines: AM Best

14th January 2026

Despite a turbulent 2025 start, marked by devastating California wildfires and multiple severe convective storms, the US property & casualty (P&C) insurance industry successfully recovered through the third quarter, driven largely by sustained momentum in personal lines, which managed to offset Q1 losses, AM Best stated in a recent report. By ... Read the full article

Brett Gillmon appointed U.S. Property Practice Leader for Lockton

8th January 2026

Private insurance broker Lockton has announced the appointment of Brett Gillmon as U.S. Property Practice Leader, an Atlanta-based role. Gillmon will leverage his three decades of industry experience to oversee the strategic direction and continued growth of Lockton’s property offerings across the U.S. He will report to Devin Beresheim, Lockton’s U.S. Risk ... Read the full article

Competition to challenge property reinsurers’ hard market insulation: USI

7th January 2026

The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, according to USI Insurance Services’ 2026 Commercial Property & Casualty Market Outlook Report. As the market shifts, the current rates, attachment points, and terms that reinsurers have fought to maintain are facing significant challenges from ... Read the full article

Florida property insurance market shows strong recovery, ALIRT reports

16th December 2025

ALIRT, a provider of insurance market research and analysis, recently released its annual review of the Florida domestic property insurance market, highlighting the overall state of the market following tort reforms. According to ALIRT, the Florida property market has shifted dramatically from its near-collapse in 2022, when rampant litigation abuse, soaring ... Read the full article