News
Mega deals drive global M&A activity to new high: WTW
Deal value rose 23.9% in the first nine months of 2026 as record mega transactions drove activity, although acquirers continued to underperform wider equity markets
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
Masojada set for 2026/27 City of London mayoralty after Hailes withdrawal
Alderman Bronek Masojada will be supported for election as Lord Mayor of the City of London for 2026/27 after Tim Hailes withdrew from consideration
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
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
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