Kin Adds Okta’s CFO Brett Tighe to Board of Directors
Kin, a direct‑to‑consumer digital home, auto insurance and home‑finance provider, announced the appointment of Brett Tighe, CFO of identity‑cloud leader Okta, to its board of directors. Tighe, who steered Okta from early stages through its IPO to a multibillion‑dollar public company, previously held senior finance roles at Salesforce. Kin’s CEO Sean Harper said Tighe’s experience will help build reliable financial systems and enhance customer trust as the insurer expands its product suite. The move underscores Kin’s strategy to embed technology‑focused governance for long‑term scalability.
M&A Activity and Reinsurers’ Pressure Could Quickly Cool Aviation Rate Reductions: WTW
WTW’s Q1 2026 General Aviation Insurance Market Outlook warns that rising M&A activity and heightened reinsurer pressure could quickly erode the abundant capacity that has kept rates low. While the sector started the year with stable underwriting and competitive premiums, a...
Starr Names Vichai Laotrakul as CEO of Thailand
Starr, a regional insurance and investment firm, announced Vichai Laotrakul as CEO of its Thailand operations. Laotrakul brings more than two decades of underwriting experience and most recently served as Chief Distribution Officer at Allianz Ayudhya. He previously held senior...
Marsh CFO McGivney to Add COO Duties in Expanded Role
Marsh announced that Chief Financial Officer Mark McGivney will also assume the duties of Chief Operating Officer, adding the title of Executive Vice President. McGivney, who has been with the firm since 2007 and served as CFO since 2016, will...
PwC Highlights Growing Role of Asset-Intensive Reinsurance in Cayman Market
PwC highlighted the rapid expansion of asset‑intensive reinsurance (AIR) in the Cayman Islands, where licensed reinsurers nearly doubled from 58 to 113 between 2020 and 2025. Total premiums written rose from $9.3 billion to $30.2 billion, while reinsurance assets jumped 341% to...
Brace Promotes Wheeler and Davis as Regional Heads of Underwriting for US and London
Brace Underwriting Limited, backed by Octave Specialty Group, promoted Richard Wheeler to Head of Underwriting for the United States and Michael Davis to Head of Brace London Underwriting. Both previously served as senior underwriters, and their new roles complete a...
Global Life Reinsurance Capital Increased a Further 10% in 2025: Guy Carpenter
Guy Carpenter projects global dedicated life reinsurance capital to rise another 10% in 2025, topping $160 billion. Third‑party investors—private‑equity‑backed reinsurers and asset‑manager‑owned sidecars—now provide roughly one‑third of capacity, up from $24 billion in 2022 to $57 billion. Regional growth is broad‑based, with Asia...
PERILS Raises Industry Loss Estimate for Victoria Bushfires to AU$810m
PERILS, the Zurich‑based catastrophe data firm, lifted its second industry loss estimate for the January 2026 Victoria bushfires to AU$810 million (approximately $534 million USD). The fires razed 900 structures—including 330 homes—destroyed more than 20,000 livestock and caused one death. This figure...
Pool Re Launches New SME Incentive Scheme to Increase Terrorism Cover Uptake
Pool Re, the UK’s leading terrorism reinsurer, introduced an incentive scheme effective 1 April that offers members discounts on reinsurance fees when they embed terrorism cover as a standard, non‑removable element in SME commercial‑property policies. The move follows recent treaty reforms...
Swiss Re’s Shareholders Elect Jean-Jacques Henchoz as New Board Member and Approve Dividend
Swiss Re’s shareholders approved former Hannover Re CEO Jean‑Jacques Henchoz as a new board member, confirming his term through the 2027 AGM. The same AGM saw the re‑election of all existing directors and the compensation committee. Shareholders also endorsed a higher...
Liberty Mutual Establishes $600m Endowment to Support Long-Term Community Resilience
Liberty Mutual Insurance has created a $600 million endowment for its charitable arm, the Liberty Mutual Foundation, to fund long‑term community resilience initiatives. The endowment provides a permanent capital base that can weather economic cycles while supporting multi‑year projects in housing...
Aon Integrates New AI Benchmarks Into Radford McLagan Compensation Database
Aon has upgraded its Radford McLagan Compensation Database with AI‑specific benchmarks, adding job families such as head of AI, machine‑learning engineer and AI ethics specialist. The enhanced platform blends real‑time labour‑market insights, AI‑driven job matching and automated data validation to give...
Great American Promotes Jesse Gutierrez to Divisional President, Professional Liability
Great American Insurance Group announced that Jesse F. Gutierrez will assume the role of Divisional President, Professional Liability effective April 27, 2026. He succeeds Reina L. Gregorio, who is retiring after more than 13 years with the firm. Gutierrez joined...
Triple-I Urges Caution Amid ‘Somewhat Below Average’ Atlantic Hurricane Season Forecast
Colorado State University projects a somewhat below‑average 2026 Atlantic hurricane season with 13 named storms, six hurricanes and two major hurricanes, compared with the climatological average of 14, seven and three. The forecast attributes reduced activity to a moderate‑to‑strong El Niño,...
Miguel Araújo to Lead Iberia Business at Gallagher Re
Gallagher Re, the reinsurance brokerage arm of Arthur J. Gallagher & Co., has named Miguel Araújo as head of its Iberia business. Araújo, currently an Executive Director at Gallagher Re, previously worked at Willis Re in London as a CAT...
Evercore ISI Flags Mounting Pressures Across P&C Insurance
Evercore ISI’s Q1 2026 preview flags a broad softening of pricing across commercial, personal and reinsurance lines in the U.S. property‑and‑casualty market. The firm cites AI‑driven broker disruption and autonomous‑vehicle technology as key forces eroding traditional margins. It expects insurers...
CopperPoint Names Kellen Booher as President and CEO in Planned Leadership Transition
CopperPoint Mutual Insurance Holding Company announced Kellen Booher as its new President and Chief Executive Officer, succeeding retiring CEO Marc Schmittlein, who will remain Board Chair. Booher, who joined in 2025 as President and COO, previously held senior roles at...
ACORD Finds Majority of Insurance M&A Deals Create Shareholder Value Amid Strategic Shift
ACORD’s latest carrier M&A report, covering nearly 500 deals across 84 countries from July 2023 to December 2025, finds that just over two‑thirds of transactions generated positive shareholder returns. Scale‑and‑scope acquisitions now rank third in popularity and posted the only negative average...
American Integrity Appoints Brian Foley as Chief Financial Officer
American Integrity Insurance Group announced Brian Foley as its new chief financial officer, effective April 6, 2026, succeeding Ben Lurie who will transition to a consulting role and board positions. Foley joins from Keefe, Bruyette & Woods, where he helped lead the...
Reinsurers Better Prepared for a Softening Market than Ever Before: JP Morgan
JP Morgan’s latest report finds reinsurers are more resilient than ever despite an expected softening market. Insured catastrophe losses in Q1 2026 are projected at about $10 billion, well below the historical $15 billion norm and far less than the $45 billion seen in...
Arch Insurance Promotes Fernández and Losada to Heads of Cyber for Europe & Iberia
Arch Insurance promoted Jose Carlos Jiménez Fernández to Head of Cyber for Europe and Rafael Ortiz Losada to Head of Cyber for Iberia, both effective immediately and based in Madrid. They will lead underwriting, product development and distribution of cyber...
Atrium Partners with Sofix to Launch AI-Powered BrokerBrief for Claims Operations
Atrium, a Lloyd’s‑market insurer, has teamed with insurtech firm Sofix to launch BrokerBrief, an AI‑driven tool that automatically analyses and summarises early‑stage claim notifications. Integrated into Atrium’s existing claims management system, the solution creates structured, continuously updated claim briefs attached...
Janus Assurance Re Launches New Marine Cyber Insurance Programme
Janus Assurance Re has introduced a Marine Cyber Insurance programme targeting shipowners, vessel managers, charterers, terminal operators, and maritime logistics firms. The product aligns with the International Maritime Organisation, IACS, and U.S. Coast Guard cyber‑risk guidelines, offering first‑party incident response...
Property Rate Declines to Pressure Top-Line Growth in 2026: TD Cowen
TD Cowen warns that declining property‑cat reinsurance rates, highlighted by a 15‑20% drop in Japan’s April renewals, are squeezing top‑line growth for specialty insurers and reinsurers through 2026. The pressure is expected to extend to the U.S. market, particularly Florida,...
Daiichi to Reinsure Block of Whole Life and Annuity Policies with Prismic Life
Daiichi Life Insurance Co. has entered a reinsurance agreement with Bermuda‑based Prismic Life Reinsurance to transfer a block of its yen‑denominated whole‑life and annuity policies. Under the deal, Daiichi will retain policy administration while Prismic assumes the risk, freeing capital...
Facultative Reinsurance Expands Role in Asia Pacific as Insurers Pursue Growth and Stability: Aon
Aon’s Q1 2026 analysis shows facultative reinsurance usage climbing across Asia Pacific as insurers chase growth and hedge volatility. The flexible cover enables higher limits and entry into emerging sectors such as data centres, renewable energy, and war‑risk marine cargo....
The Baldwin Group Launches Member-Owned Captive for Construction Clients
The Baldwin Group, together with Innovative Captive Strategies, has launched Azimuth Re, Ltd., a member‑owned group captive designed for construction firms. The captive targets contractors that spend $250,000 or more each year on workers’ compensation, general liability and auto premiums...
Fuse Introduces Contractors and Construction Vertical to Expand Insurance Intelligence Platform
Fuse, an AI‑driven commercial insurance intelligence platform, has added a Contractors and Construction vertical that aggregates real‑time data across General Liability, Workers’ Compensation, Builder’s Risk, Surety, Professional Liability and Pollution lines. The launch follows a surge of three $10 million‑plus verdicts...
Marsh Risk’s Cyber ECHO Facility Now Offers up to $200m of Insurance Capacity
Marsh Risk has expanded its Cyber ECHO facility to offer up to $200 million of insurance capacity, making it the largest cyber‑risk facility worldwide. Launched in 2016, the platform now supports more than $55 billion of coverage for over 1,500 clients across...
ARPC Cyclone Reinsurance Pool Claim Payments Exceed $1bn
Australian Reinsurance Pool Corporation (ARPC) has paid more than AU$1 billion (≈US$660 million) in cyclone reinsurance claims since the pool launched in July 2022. The payouts cover 20 declared cyclones and support households, small‑medium enterprises and strata owners across northern Australia. Created...
Indian April 1 Renewal One of the Most Competitive in Recent Years: Guy Carpenter
India’s insurers enjoyed one of the most competitive April 1 renewal cycles on record, with risk‑adjusted rates dropping 20‑30% for non‑proportional excess‑of‑loss (XoL) lines. The softening was driven by a surge in local reinsurance capacity, especially after the establishment of GIFT...
Rising U.S. Legal Volatility Undermines Insurers’ Ability to Price Risk: Swiss Re’s Ningen
Swiss Re’s U.S. P&C chief Monica Ningen warned that escalating legal volatility is eroding insurers’ ability to price risk. Commercial liability losses surged to $143 billion in 2023, outpacing natural‑catastrophe losses. The frequency of "nuclear" verdicts—awards over $100 million—rose 33% from 2022,...
Non-Life Insurers and Reinsurers Drives Growth at India’s GIFT City
Insurance and reinsurance premium volumes at Gujarat International Finance Tec-City (GIFT City) surged from $102 million in 2020 to $1.2 billion in 2025, an over 11‑fold increase. The expansion is driven primarily by non‑life lines such as trade credit, marine and aviation...
Zenkyoren Launches Guernsey-Based Reinsurer to Diversify Risk Portfolio
Japan's leading mutual insurer JA Kyosai, operating as Zenkyoren, has launched a Guernsey‑based reinsurance subsidiary, Zenkyoren Re Ltd, managed by Aon Insurance Managers. The new entity will initially underwrite overseas natural catastrophe risks for International Cooperative and Mutual Insurance Federation...
Arc Legal Appoints Ashley Law as Chief Executive Officer
Arc Legal Group, a provider of legal‑expenses insurance, announced that Ashley Law will assume the role of Chief Executive Officer on May 1, 2026, pending regulatory approval. Law, who joined as Chief Operating Officer in December 2025, has driven recent senior‑leadership expansions and...
Liberty Mutual Unveils New Leadership Structure to Align Global Risk and Capital Capabilities
Liberty Mutual announced a new leadership structure that places Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) under the strategic oversight of Vlad Barbalat, who will also remain Chief Investment Officer. Matthew Moore stays President of GRS, while Adam Winn and...
AXA UK & Ireland Appoints Caroline Riddy as General Counsel
AXA UK & Ireland announced Caroline Riddy as its new General Counsel, effective 7 April 2026, succeeding Emily Coupland after a 24‑year tenure. Riddy brings over two decades of legal and company secretariat experience, most recently overseeing governance for more...
B.P. Marsh Buys Additional 2% Equity Stake in Pantheon
B.P. Marsh has increased its ownership in London‑based wholesale insurer Pantheon to 41% by buying an additional 2% stake, valuing the broker at roughly $352 million. The investment was funded from existing cash reserves and follows an initial 25% purchase in...
ARPC CUO Mike Pennell to Retire After Long-Standing Service
The Australian Reinsurance Pool Corporation (ARPC) announced that Chief Underwriting Officer Michael “Mike” Pennell will retire later this year after more than two decades of service. Pennell was instrumental in building and managing the national Terrorism Reinsurance Pool and later...
Santam Syndicate 1918 Appoints Nigel Tatlock as Head of Property
Santam Group has appointed veteran underwriter Nigel Tatlock as Head of Property for its newly launched Lloyd’s syndicate 1918, which received underwriting permission in late 2025 and will commence business on January 1, 2026. Tatlock arrives with more than four...
Ardonagh’s Orvia Underwriting Strengthens Leadership Team with Senior Hires
Ardonagh’s newly launched pan‑European MGA, Orvia Underwriting, announced six senior appointments, including Paul Nolan as Chief Underwriting Officer, Werner Richter as Managing Director for Germany, Ivan Mullen as Chief Technology Officer, Caolán O’Callaghan as Chief Actuary, Sharna Bullen as Director...
Kairos Risk Solutions Acquires Molto Re, Names Josh Madson as MD, North America
Singapore‑based Kairos Risk Solutions announced the acquisition of Molto Re, a boutique reinsurance adviser, to strengthen its North American presence. The deal brings Molto Re’s client relationships and specialized expertise into Kairos’ portfolio, complementing its AI‑driven risk solutions. Concurrently, Josh...
Jan 1 Themes Persist at April Renewals as Property Cat Rate Decreases Accelerate: Gallagher Re
Gallagher Re’s April 1 reinsurance renewals show Japanese property catastrophe programmes ran loss‑free, prompting risk‑adjusted rate cuts of 15‑17.5%. Across other regions, property cat rates fell 7.5‑25%, accelerating the declines first seen on Jan 1. Buyers seized the soft market to reshape...
Nancy Roos Joins the Executive Board of General Reinsurance AG
Nancy Roos has been appointed to the Executive Board of General Reinsurance AG, effective April 1, 2026, while retaining her role as CFO. She succeeds retiring board member Mike O’Dea and brings more than two decades of experience at Gen Re, including...
Fitch Upgrades Athora’s IFS Ratings to A+ Following PIC Acquisition
Fitch Ratings upgraded Athora Life Re Ltd. and its parent entities to an A+ Insurer Financial Strength rating and to an A long‑term issuer default rating, following the completion of its acquisition of Pension Insurance Corporation (PIC). The agency said...
P&C Profitability Nears Peak Amid Rising Competition and Strong Balance Sheets, Says Moody’s
Moody’s says P&C reinsurance profitability peaked in 2025 as European reinsurers benefited from lower catastrophe claims and strong investment returns. However, risk‑adjusted pricing fell in the 2026 renewals, and underwriting ratios are expected to drop 2‑4 percentage points. Life reinsurance...
The Hartford Strengthens International Business with Leadership Updates
The Hartford announced a series of senior appointments to reinforce its international underwriting platform. Julian Samuel was named Head of First Party Lines, overseeing Marine, Energy and Political Violence & Terrorism (PVT) while expanding into Industrial Risks and Construction Physical...
UK Bulk Annuity Market Sees Record Deal Volumes as Competition Intensifies, Says Aon
UK bulk annuity market recorded its busiest year by deal count in 2025, with 367 transactions surpassing the 293 deals in 2024. Although the number of deals rose, total written premium fell to £38.2 billion (≈$47.8 billion), down from £49.1 billion the year...
Alejandro Pedroza to Lead MISSION’s Recently Launched Latin America Platform
MISSION Underwriters has launched a new Latin America platform, operating from Miami, to develop specialised facultative reinsurance programmes. Alejandro Pedroza was appointed President, Latin America, bringing two decades of regional reinsurance experience. The platform will initially focus on property, financial...
Swiss Re Flags Accumulation Risk in Data Centres as Key Underwriting Challenge
Swiss Re’s Institute report warns that the rapid expansion and technical complexity of data centres, especially those powering AI workloads, are creating major underwriting challenges. Global data‑centre insurance premiums are projected to more than double to $24.2 bn by 2030, reflecting...