Reinsurance News
Prolonged Middle East conflict could stretch re/insurers’ loss exposure despite exclusions
23rd March 2026
A new report from Autonomous has suggested that direct insurance losses should remain relatively contained due to standard war and terror exclusions in many contracts, though the longer the conflict persists, and potentially expands, the greater the tail risk of events that could seep into losses for the re/insurance industry. Since ... Read the full article
Berkshire Hathaway’s NICO to acquire 2.5% stake in Tokio Marine
23rd March 2026
Berkshire Hathaway has entered into a comprehensive strategic partnership with Tokio Marine Holdings, Inc. (TMHD), under which its reinsurance business, National Indemnity Company (NICO), will acquire a 2.5% stake in the Japanese insurer. The new deal reportedly comprises the following three key elements: strategic equity investment in TMHD, collaboration in reinsurance, ... Read the full article
PartnerRe posts rise in net income to $2.1bn for FY’25
23rd March 2026
Bermuda-based reinsurer PartnerRe has reported net income of $2.10 billion for the full year of 2025 (FY’25), a distinct hike from $1.44 billion in FY’24, as the non-life segment reported an underwriting profit of $364 million, while life and health’s net allocated underwriting profit was $184 million. The reinsurer’s overall gross ... Read the full article
The Tennessee Department of Commerce & Insurance reports sixth straight year of captive insurance expansion
23rd March 2026
The Tennessee Department of Commerce & Insurance (TDCI), the state agency responsible for overseeing insurance, securities, and various business regulations in Tennessee, announced that 2025 marked its sixth consecutive year of growth in both active captive insurance cells and risk-bearing entities. “By combining responsible regulation, a modern captive insurance statute, and ... Read the full article
MSIG USA names Matt Thompson as South-Central Region Distribution Leader
23rd March 2026
MSIG USA, a specialty insurance provider offering a range of commercial and personal insurance solutions, has appointed Matt Thompson as South-Central Region Distribution Leader. In this role, Thompson will drive growth and strategic initiatives across Texas, Oklahoma, Mississippi, Louisiana, and Arkansas, reporting to Joseph Fitzpatrick, Head of Distribution for MSIG USA. Thompson ... Read the full article
Insurance sector needs hybrid talent amid rapid automation: Aon’s Blain
23rd March 2026
With 97% of insurers accelerating automation — one of the highest rates across any sector — hybrid profiles are the future, however, the journey to this ideal is ongoing, Aon highlights in its latest industry analysis. As technology redefines the competitive landscape for talent, Louisa Blain, Head of Insurance for Human ... Read the full article
Chubb appoints new heads of Property and Casualty in Overseas General division
23rd March 2026
Global property and casualty insurer Chubb has announced two leadership appointments within its Overseas General (COG) division: Ben McGregor as Senior Vice President, Head of Commercial Insurance Property, and Alex Forman as Senior Vice President, Head of Commercial Insurance Casualty. The two executives immediately assume their new roles, and will report ... Read the full article
Starr completes IQUW deal, strengthens specialty re/insurance presence
23rd March 2026
Global investment and insurance organisation Starr has completed its acquisition of IQUW Group, creating a broader and more diversified specialty re/insurance platform with expanded capabilities in the London market, Bermuda, and UK retail motor. Through the IQUW acquisition, Starr said, it has strengthened its position in London and established its ... Read the full article
Scott Kreuzer joins PartnerRe as CEO P&C Americas
23rd March 2026
Bermuda-based reinsurer PartnerRe has announced the appointment of Scott Kreuzer, formerly of Aspen Insurance Group, as Chief Executive Officer (CEO) of P&C Americas. Kreuzer brings close to three decades of industry experience to the role, where he will be responsible for leading the company’s property and casualty operations across the region. Jon ... Read the full article
Everest to sell Canadian Retail Insurance operations to Wawanesa
23rd March 2026
Everest Group, a global specialty insurer and reinsurer, has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (Everest Canada), to The Wawanesa Mutual Insurance Company, a Canadian mutual insurer. The transaction is anticipated to close in the second half of 2026, subject to ... Read the full article
Berkley Insurance Asia announces key leadership moves within its Marine team
23rd March 2026
Berkley Insurance Asia has announced the appointment of Kenneth Cheong as Head of Marine, Asia, taking over the role from Lee Ju-Ann, effective 1 April 2026. As part of the leadership developments within Berkley Insurance Asia Marine team, Lee Ju-Ann will be taking on a newly created Senior advisory and Talent ... Read the full article
Peter Babej joins Reinsurance Group of America’s Board of Directors
23rd March 2026
Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has appointed Peter Babej to its Board of Directors, effective April 1st, 2026. Most recently, Babej served as Chairman and Interim Head of Banking at Citigroup before retiring in 2024. Before this, he was the Chief Executive Officer (CEO) of ... Read the full article
NormanMax hires Blue Marble’s Alvaro Espinel Pardo to lead strategy & development in Latin & South America
23rd March 2026
NormanMax Insurance Holdings, a US domiciled parametric insurer and reinsurer, has hired Alvaro Espinel Pardo as a Vice President to lead its strategy and development in both Latin and South America. Espinel Pardo joins the company on March 23rd, 2026, and will report to Nick Griffiths, who joined the parametric re/insurer ... Read the full article
Fabienne Marsoner joins Gallagher Re as Broker, APAC Casualty FAC
23rd March 2026
Global reinsurance broker Gallagher Re has announced the appointment of Fabienne Marsoner as Broker, APAC Casualty FAC. Marsoner is joining Gallagher Re from Marsh, where she most recently served as Assistant Vice President - International Casualty Brokers During her time at Marsh she gathered extensive experience managing General Liability and Life Sciences ... 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
Compre enters into £250m ADC transaction with European reinsurer
23rd March 2026
International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of approximately £250 million. The portfolio includes motor, engineering, and liability business, spanning assumed reinsurance underwriting years from 2018 to 2024. This ... Read the full article
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