News
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
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
Carrick targets selective legacy growth as MGA market creates new opportunities
Carrick Holdings is targeting selective growth in the legacy market, as Phil Hernon argues disciplined pricing is more important than following the broader insurance cycle
Hamilton Re eyes selective casualty growth
Amid market softening, Adrian Daws explains why Hamilton Re is ready to shift appetite across casualty subclasses to protect price adequacy
KCC’s Clark: AI can sharpen cat models without making them a black box
AI-informed physical models can help re/insurers keep pace with climate change, but Karen Clark argues that transparency, frequent updates and real-world validation are essential if the technology is to improve underwriting decisions
Specialism over scale: Finding alpha in a softening market
As re/insurance pricing softens, specialist MGAs with disciplined underwriting, strong data and long-term capacity relationships are best placed to generate differentiated returns through the cycle, argues Tom Sambrook, group chief underwriting officer, Brace Underwriting
Cyber reinsurance market softens as AI and infrastructure risks start to emerge
Ariel Re’s Dan Carr and Lockton Re’s Oli Brew see abundant capacity keeping pressure on cyber pricing, even as liability trends, critical infrastructure dependencies and AI add new uncertainty to the risk landscape
Swiss Re: ‘Zero’ appetite for new liability business, citing legal system abuse
With commercial liability losses reaching $174bn in the US last year, Swiss Re’s CEO explains that legal system abuse is driving claims payouts that ‘are not connected with the original underwriting assumptions’ – leaving the reinsurer ‘very concerned’
Reinsurance conversation must move ‘beyond price’ – Everest
Everest Group’s North America treaty reinsurance head Jason Busti said underwriting discipline and price adequacy will remain central as the reinsurer looks to deepen client partnerships and pursue selective growth
Cedar Trace targets 2027 Lloyd’s launch with $300m syndicate
New syndicate will write reinsurance and delegated insurance business, adding Lloyd’s capacity and distribution to Cedar Trace’s existing Bermuda platform
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