News
RVS 2026 cover story: Building the new Willis Re
GR editor David Benyon spoke to the advance guard of the return of Willis Re, Jim Summers, CEO of global specialties, and John Fletcher, CEO of Willis Re Bermuda, as they lay the groundwork for this next generation reinsurance broker.
Europe’s wildfire risk rising despite limited historical losses: Howden Re
Reinsurance broker warns changing heat, drought and exposure conditions are increasing accumulation risk across multiple lines, despite Europe accounting for just 5% of global wildfire losses over the past decade
Alt cap ‘embedded’ as investor appetite and ILS scope expand
Alternative capital shows signs of perminancy and cat bonds ‘complement’ reinsurance pricing by ‘stepping in to provide more cover for frequency risk as reinsurers have retrenched from that’, according to Moody’s
Reinsurers deliver 19.9% ROE as capital hits record $688bn: Gallagher Re
Gallagher Re raises its full-year profitability outlook as industry capital continues to outpace revenue growth and intensify deployment pressures
Guy Carpenter rebrands as Marsh Re
Reinsurance broker adopts Marsh name as it looks to deepen collaboration across risk, capital, people and consulting capabilities, Dean Klisura wrote
IGI launches Cipher cyber treaty reinsurance MGA
Bermuda-based platform will initially target global cyber treaty business, with IGI taking a 60% stake through its newly formed managing agencies operation
Howden Re appoints Duarte to lead Portugal expansion
Appointment establishes the broker’s first physical presence in Portugal as it targets further investment and team growth in the market
Verisk lifts global yearly insured cat loss benchmark to $171bn
Modelled average annual losses rise $19bn in a year, according to cat modeller Verisk, with the US accounting for 68% of global insured cat risk
When the safe harbour gets choppy: Xceedance on HNW risk, Dubai, and the evolving art of personal lines broking
Rising geopolitical risk is testing Dubai’s safe-haven status and increasing demand for sophisticated, cross-border insurance solutions for high-net-worth clients, writes Nakul Vadher, associate vice president, client partner at Xceedance
Munich Re Specialty launches Lloyd’s construction rescue cover
New product targets tunnelling and underground infrastructure projects, funding rescue and crisis response costs following catastrophic incidents
MS Amlin expands cyber portfolio with Jomaa and Tigleanu hires
Senior appointments will support the Lloyd’s insurer’s expansion in direct cyber as it targets a larger position in the class
OpEd: Offshore wind – A hundred identical things
Offshore wind is being insured on a wording built for something else, Russell Pulver writes, and the serial-loss exposure that follows cannot be read off the page
Willis Re agrees acquisition of BMS Re US in ‘transformational’ expansion
Reinsurance broker deal will establish Willis Re with an operational presence in the US, while BMS retains its UK, Latin America, Bermuda and global facultative reinsurance businesses
AM Best’s top 50 reinsurers: Profitability holds firm as softer market gathers pace
Munich Re reclaimed top spot among IFRS 17 reinsurers while Lloyd’s led non-IFRS reporters, as AM Best warned abundant capital is increasing competitive pressure
Envelop to launch Syndicate 1925 at Lloyd’s
Cyber reinsurance specialist will transition SPA 1925 into a full syndicate from January 2027, creating scope to expand into casualty and specialty lines
Fidelis Partnership prices $2.04bn refinancing
New Term Loan B cuts TFP’s cost of debt by 225 basis points as the business secures inaugural public credit ratings
DWIC Connect 2026: GCC infrastructure pipeline to fuel MEASA insurance growth
DWIC 2026’s on stage sessions closed with a panel to discuss regional commercial re/insurance opportunities across the Middle East, Africa, South Asia (MEASA), with construction and infrastructure projects a major focus for the Gulf as it rebuilds following this year’s conflict
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