Latest news
OAK Global looks to deepen client relationships after rapid Lloyd’s build-out
Cathal Carr, founder and CEO of OAK Global, discusses the reinsurer’s rapid expansion at Lloyd’s, its hybrid capital model, move into retro and how a greenfield technology strategy is shaping its approach to emerging risks
IUMI elects Dalton to succeed Denèfle as president
Munich Re US marine underwriting exec Sean Dalton succeeds Frédéric Denèfle and will serve a four-year term at the marine insurance industry group
TFP strengthens Pine Walk leadership with Williams and McInally appointments
Leadership appointments come as Pine Walk grows to 18 MGAs and $1.6bn of written premium
Munich Re Specialty expands into Italian primary specialty market
Milan-based operation will initially offer construction and engineering, property and surety products, with first risks expected to be written in early 2027
Aon appoints Esser CEO of German reinsurance business
New leadership structure at the reinsurance broker will see Volker Wahl become executive chairman as Jan-Oliver Thofern prepares to retire at the start of 2027
McLarens appoints Waterman regional director for Middle East
Ollie Waterman will take responsibility for the claims management firm’s Middle East business from 1 October as Malcolm Addy prepares to retire
HDI appoints Radford active underwriter for Syndicate 2029
Financial lines head takes on responsibility for underwriting strategy, portfolio performance and risk appetite as HDI progresses towards launch of its new Lloyd’s syndicate
Marine insurance remains stable as geopolitics reshapes risk: IUMI
IUMI president Frédéric Denèfle said marine insurers face growing uncertainty from war risks, competition, inflation and changing trade routes despite continued premium growth
LSM appoints UK, MENA supercoverholder underwriting leader
Former Chubb executive joins Liberty Specialty Markets to oversee strategic partnerships and support growth in financial lines and transactional risk
MAPFRE Re sees orderly softening as market shifts towards client differentiation
Javier San Basilio told GR he expects an orderly renewal season as reinsurers increasingly differentiate between individual clients, while the group continues to diversify through ILS, life business and growth markets
When a line is worth a billion: Wording lessons from the Russian aircraft judgment
An Op-Ed by Russell D Pulver examines the wording lessons for reinsurers from a landmark Russian aircraft judgment, where a single line of contingent cover helped determine a billion-dollar recovery
Insurers turn to fac to support growth: Willis
Willis survey finds insurers are increasingly using facultative cover to expand capacity, enter new markets and manage capital in a softening market
Hancock to retire as AIG general insurance CEO
AIG exec will move into a senior advisor role at the end of 2026 after more than six years with the insurer
Saudi Re to lead new Saudi marine war risk pool
Government-backed initiative will provide domestic cargo and hull war-risk cover as Saudi Arabia looks to strengthen resilience against geopolitical disruption
Mapfre Re appoints Goureau to lead Brussels office
Senior reinsurance underwriter takes over Belgium operation from Bernard Chanteux
Miller launches Malaysia operation as Asia expansion continues
Labuan-based offshore business will initially focus on treaty and facultative reinsurance broking as Miller looks to broaden its regional presence
Lockton Re adds to North American fac leadership
McNamara named chairman and Wadman facultative leader as broker expands senior property and casualty leadership across the region
Escalating ‘intensity of hail’ in SCS events driving claims costs and motor damage – Perils
The re/insurance market has to become more focused on mitigation as hail increasingly drives ‘billion dollar’ insured loss events, says chief executive
London ‘getting its mojo back’ in reinsurance, says LMG’s Wagstaff
Caroline Wagstaff, CEO of the London Market Group, says progress on the UK captive regime shows sustained lobbying is paying off, despite the revolving door of recent UK politics, while looming recruitment pressures and AI’s transformative influence are forcing the London market to rethink its talent pipeline
Willis Re appoints Eckert CEO
Conduit Re co-founder will lead Willis Re’s global broking and advisory business after completing his current contractual obligations
Fitch Ratings: 1/1 renewals will have T&Cs focus and be 'less price led'
At the RVS conference, the credit rating agency confirmed its ‘deteriorating’ sector outlook for 2027 – however, it flagged that this negativity was ‘nuanced’ and maintained confidence ‘that most reinsurers will be able to navigate this challenging phase of the cycle’
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