Reinsurance News
Markel International names Maureen Tomlinson as Head of AI and introduces AI Centre of Enablement
16th March 2026
Markel International, the international insurance business of Markel Group Inc., has appointed Maureen Tomlinson as Head of Artificial Intelligence and announced the creation of an AI Centre of Enablement. Markel International forms part of Markel Group’s global insurance operations and provides specialist insurance solutions across a range of sectors and regions. ... Read the full article
MGA market share gains accelerate to ~7% in 2025: BMO Capital Markets
16th March 2026
The MGA space accelerated its P&C market share in 2025 to approximately 7%, with the overall MGA market growing 19% to ~$94 billion—a modest deceleration from the 21% growth reported in 2024, according to analysts at BMO Capital Markets. Analysts noted that the deceleration was more pronounced when excluding crop insurance, ... Read the full article
Blenheim’s Syndicate 5886 reports strong 2025 results with £72m profit and 80.9% CoR
16th March 2026
Blenheim Underwriting, a specialist managing general agent (MGA) and Lloyd’s coverholder, has announced a robust underwriting performance for Syndicate 5886 in the 2025 calendar year. Syndicate 5886 delivered a net combined ratio of 80.9%, representing a 3.8% year-on-year improvement. This strong underwriting performance generated a profit of £72 million, marking a 27% ... Read the full article
UK pension schemes urged to review full range of endgame options: Aon
16th March 2026
UK defined benefit (DB) pension schemes are being encouraged to evaluate the full range of available endgame options as the market evolves, according to Aon plc, a professional services firm that provides risk, retirement and health solutions. The firm said that DB schemes are entering 2026 with a broader set of ... 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
CEA’s total reinsurance limit rose to $7.912bn at year-end 2025
16th March 2026
The California Earthquake Authority’s (CEA) total traditional reinsurance limit amounted to $5.037 billion at the end of 2025, which combined with in-force protection from catastrophe bonds of $2.875 billion, saw the entity's total risk transfer limit rise to $7.912 billion from around $7.67 billion at the end of September. In recent ... Read the full article
Fitch downgrades ARC’s ratings on sustained earnings volatility
16th March 2026
Fitch Ratings has downgraded African Risk Capacity (ARC Ltd.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘A-’ and its Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB+’, reflecting a decline in the firm’s standalone credit quality, which has been revised to ‘bb+’ from ‘bbb-’. The revision of the parametric ... Read the full article
McGill and AIG collaborate to transform subscription market with AI-driven underwriting
16th March 2026
McGill and Partners and AIG have teamed up in the subscription market to give clients seamless access to high-quality insurance solutions, supported by long-term capacity and managed with agentic AI. As part of the collaboration, AIG conducted a detailed review of McGill and Partners’ specialty portfolio, reportedly confirming its strength and ... Read the full article
Atrium appoints James Lakin as Head of Outwards Reinsurance
16th March 2026
Atrium, a leading specialty insurer at Lloyd’s, has announced the appointment of James Lakin as Head of Outwards Reinsurance. In this position, he will lead the design and placement of Atrium’s outward reinsurance programmes, ensuring the strategy supports the firm’s risk appetite, capital objectives, and long-term profitability. Lakin moves to Atrium after ... Read the full article
QBE Re names Soichiro Tanaka as Head of Southeast Asia
16th March 2026
QBE Re, the reinsurance arm of insurer QBE Insurance Group, has named Soichiro Tanaka as its new Head of Southeast Asia. Tanaka has more than 13 years of experience in insurance and reinsurance markets across Asia. He joins from Aspen Insurance Holdings, where he served as a Senior Underwriter and played ... Read the full article
Price Forbes Singapore expands treaty reinsurance team with senior hires
16th March 2026
Global specialty broker Price Forbes continues to expand its newly formed treaty reinsurance team in Singapore with four senior appointments – Bruce Ford, Goh Thian Leong, Mark Foster, and Florence Lam Puoy Yin. These appointments follow the recent hire of Dick Heath as Head of Reinsurance and Wholesale, Singapore, further ... Read the full article
Allianz SE announces Board of Management changes ahead of 2027 transition
16th March 2026
Allianz SE, the German multinational financial services and insurance group headquartered in Munich, has announced a series of leadership and portfolio changes within its Board of Management as part of long-term succession planning and organisational development. The changes follow the planned retirement of Klaus-Peter Röhler, who will step down from the ... Read the full article
Echo Re opens branch in India’s fast growing GIFT City
16th March 2026
Zurich-based reinsurer Echo Re has received approval from the International Financial Services Centres Authority (IFSCA) of India to establish a reinsurance branch office in Gujarat International Finance Tec-City (GIFT City), strengthening its operational capacity in one of its key markets. Echo Re explained that it has maintained a presence in the ... Read the full article
Escalating Middle East conflict may trigger risk repricing in reinsurance: AM Best
16th March 2026
A new AM Best report has warned that if the ongoing Middle East conflict continues or escalates, reinsurers may need to reassess their risk exposure, with renewals becoming a critical inflection point for the sector in regional markets. According to the rating agency, this could lead to higher pricing on commercial risks, ... Read the full article
Incline strengthens executive leadership team
16th March 2026
Incline, an insurance program market services firm, has announced the promotion of Andrew McLennan to Chief Risk Officer, and the appointment of Rob Strickland as Chief Information Officer. "These leadership decisions reflect our focus on building a disciplined, forward-looking organization," said Chris McClellan, Chief Executive Officer of Incline. "Andrew, Cole, and ... Read the full article
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