Latest news
AM Best shifts global reinsurance outlook to stable after soft 1/1 renewals
Ratings agency points to accelerating softening in property reinsurance, persistent casualty pressures and elevated catastrophe losses, while noting robust capital positions and continued underwriting discipline
Hua promoted to lead LSM war and terrorism in LatAm and US
Lillian Hua steps into a senior regional role overseeing Liberty Specialty Markets’ war and terrorism offering across Latin America and the US
Wilson takes outwards reinsurance role at MS Amlin
Internal promotion to lead the re/insurer’s strategic direction and day to day leadership of its outwards reinsurance function across London, Dubai and Singapore
Lloyd’s Patriotic Fund becomes Lloyd’s Veterans Charity
Founded in 1803, the charity’s lead donor is the Corporation of Lloyd’s, linked closely with the Lloyd’s market, City branch of the Royal British Legion, and the Lloyd’s Military Network
Zurich reveals £7.7bn bid to buy Beazley
The Swiss insurer went public today with a possible £7.7bn ($10.3bn) cash bid for Beazley, lifting the price after an initial approach was rejected by the London-listed specialty carrier
Liu to lead QBE Re Greater China
Singapore-based role at QBE Re to be held by former Munich Re and SCOR executive Sven Liu
Gallagher Re: California wildfire risk recalibrated for north-south dynamics
The reinsurance broker’s analysis shows Northern California now accounts for roughly half of the state’s average annual wildfire loss, even as Southern California remains the source of the most extreme and costly events
Frankland appointed non-exec chairman at Price Forbes Re
Former European CEO at Guy Carpenter joins rival broker Price Forbes Re as non-executive chairman, pending regulatory confirmation
ESA and Liberty Mutual Re explore space-enabled parametric covers
The European Space Agency has teamed up with reinsurer Liberty Mutual Re to explore new avenues for climate risk parametric risk transfer
Line joins CFC as chief underwriting officer
CUO Nick Line swaps Markel International for CFC as the company suggests growth ambitions
Willis and Synthetik expand political violence modelling partnership
Willis expands its partnership with the technology firm across the specialty broker’s client advisory for PV and terrorism risks
Swiss Re: AI boom reshapes risk, but leaves insurers exposed
Artificial intelligence is driving growth in new insurable assets and transforming insurers’ operations, but Swiss Re Institute warns that economic fragility, new liability risks and competitive pressures could torpedo profits
ATA launches $750m AI infrastructure risk facility
Advanced Technology Assurance has launched an insurance consortium of up to $750m to underwrite the global AI infrastructure build-out, backed by a consortium of more than 10 re/insurers and Lloyd’s syndicates
Chaucer reshapes Singapore leadership with Loh, Bryan appointments
Chaucer has appointed Les Loh as CEO Singapore and named Dan Bryan to lead its Asia Pacific reinsurance business, as the China Re-owned group strengthens its regional leadership team
Niyam secures Lloyd’s nod for India-focused syndicate
Niyam Group has received in-principle approval from Lloyd’s to establish a new syndicate, as it looks to deploy disciplined reinsurance capacity into India and other high-growth markets across Asia and Africa
Political violence and geopolitics ‘increasingly central’ to re/insurance capital deployment – Howden Re
No longer peripheral, political violence, SRCC and wider geopolitical risk have shifted firmly into the core of underwriting and capital decision making, according to the reinsurance broker’s assessment of the 1 January 2026 renewals.
MS Amlin backs Kita launch of non-payment cover for carbon projects
Political risk protection for carbon projects and their financial backers is seen as increasingly necessary due to the location of many renewables and other net zero projects within unstable or risky countries, as the carbon trading business is projected to grow globally
Lockton Re appoints Bisset CEO, North America, and Durant global vice chairman
Two executive level promotions as the reinsurance broking arm of Lockton continues its build out
Mosaic launches Bermuda excess casualty unit amid sustained liability pressures
Bermuda-based hybrid specialty MGA-insurer Mosaic adds excess casualty as an eighth line of business to its roster
WTW: Global M&A activity rises for second year, but Q4 slump nods to volatility ahead
Global M&A activity rose for a second consecutive year in 2025, with stronger deal performance and a resurgence in large transactions, although a sharp reversal in the final quarter underlines the risk of renewed volatility in 2026, according to WTW research
Gallagher Re appoints Cobon to lead strategic solutions in Bermuda
Scott Cobon joins from Artex, another Gallagher company, where he was a managing director of insurance management services.
Part of the Insurance and Risk group of Newsquest Specialist Media
Published by Newsquest Media Group Limited,
registered in England & Wales with number 01676637
at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a Gannett company
registered in England & Wales with number 01676637
at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a Gannett company
Site powered by Webvision Cloud