News
Howden Re: Baltimore bridge loss resets marine reinsurance benchmark
Howden Re managing director Hugo Chelton says the $2.8bn Baltimore bridge loss will concentrate in reinsurance and test pricing discipline, even as abundant capital keeps conditions competitive
Fidelis Partnership strengthens Middle East ties with Saudi Re and regional partners
Senior leadership visit underlines focus on high-growth markets amid geopolitical volatility
AIG names Andersen CEO as Zaffino moves to exec chair
Leadership transition completes as insurer looks to build on transformation
Price Forbes appoints Payton to senior leadership team
Veteran specialty re/insurance broker to support strategy and market engagement
Miller appoints Drummond Brady to senior credit and political risks role
Broking hire strengthens European leadership as Miller aims to expand its structured credit offering
DUAL: cyber market nears inflection point as pricing floor approaches
Report from Howden’s MGA arm warns sustained softening and rising exposures are compressing margins for cyber insurers
Aon: floods and drought intensify as climate risk reshapes re/insurance landscape
Report from the re/insurance broker highlights rising losses and widening protection gaps across key regions
Acrisure Re integrates capital and captives to build alternative risk platform
Reinsurance broker’s move brings 275 specialists into unified offering spanning reinsurance, advisory and captives
Gallagher Re’s Bowen: SCS, data centres and ENSO focuses after ‘manageable’ Q1 leaves cat budgets intact
As storm season approaches, the reinsurance broker’s chief scientist tells GR that a relatively benign start to 2026 has strengthened insurer balance sheets ahead of peak catastrophe season, while structural drivers continue to reshape loss trends
Beazley to launch $1bn marine war consortium to support Hormuz transits
Marine hull war and cargo war risk facility aims to bolster market capacity as geopolitical risks persist
AXA XL appoints Halai as global CUO for structured risk solutions
Move underscores push into alternative risk transfer and bespoke client solutions
Fidelis Partnership appoints Taylor to lead strategic relationships
Moving from Aon to TFP, senior hire to deepen broker partnerships and support global growth strategy
QBE: Asia marine risks diverge as climate, labour and cargo pressures intensify
Outlook highlights uneven exposure across sector as insurers shift toward more consultative risk role
LSM reshapes FinPro underwriting to sharpen London and regional focus
Four internal promotions split leadership across D&O and PI lines as carrier targets agility and growth across UK and MENA
Energy market ‘disconnected from risk’ as soft conditions persist, says Willis
Loss activity, social inflation and geopolitical volatility fail to shift abundant capacity and downward pricing pressure
Lloyd’s legacy market set for renewed growth as cycle shifts, says Aon
Broker points to softer reinsurance conditions, rising M&A activity and untapped demand as key drivers of run-off deals
UAE insurers ride underwriting recovery as geopolitical risks build, says AM Best
Strong 2025 profitability and underwriting discipline support sector resilience, but regional conflict and market volatility pose emerging risks
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