News

Following tropical cyclones Fytia and Gezaniver, which affected more than half a million people and caused widespread damage to infrastructure, livelihoods and essential services across several regions of Madagascar, $29 million has been mobilised to support response and recovery efforts through a combination of pre-arranged parametric financing […]

Barbados-based reinsurer Active Capital Reinsurance, Ltd. (Active Re) has successfully completed its Global Retrocession Programme, purchasing more comprehensive protection in terms of scope and territory. The retrocession programme was placed as part of a capital protection strategy aimed at preserving balance sheet strength throughout the market […]

Global insurance and reinsurance broking group Aon has announced the appointment of George Attard as Global Head of Analytics for Reinsurance Solutions, in addition to his role as Chief Strategy Officer for Reinsurance Solutions. In this expanded role, Attard will accelerate the development and utilisation of Aon’s reinsurance analytics […]

Bermuda-based insurer and reinsurer, Lancashire Insurance Holdings, is “very pleased” with the outcome of its inwards and outwards reinsurance renewals at January 1, 2026, as the firm took advantage of the opportunity to tailor better structured products to help manage its earnings volatility in this phase of the cycle, said Paul Gregory, […]

Morningstar DBRS, the international credit ratings and research firm, has said that a proposal by the government of the United States to support insurance for vessels travelling through the Strait of Hormuz may not be sufficient to rapidly restore commercial navigation in the region. In recent commentary, Morningstar DBRS states that the […]

Global insurance and reinsurance broker Marsh has announced the appointment of Dereck Wischmeyer as Senior Advisor within its global Digital Infrastructure Industry Practice. In this role, Wischmeyer will lead Marsh’s contract strategy across leases, customer agreements, vendor contracts, and partnerships, helping clients navigate risks […]

At the end of 2025, aerospace reinsurance underwriters were expected to impose tougher renewals as they struggled under the weight of significant claims, however, direct insurers were able to negotiate relatively benign renewals at the start of 2026, according to WTW. In its recent Aerospace Insurance Market Renewal Outlook, WTW noted that while […]

Oneglobal Broking, an international insurance and reinsurance brokerage group providing specialist risk advisory and placement services across global markets, has announced new leadership appointments in Colombia and Central America as part of its efforts to further consolidate its regional structure. Ernesto de Lima has been appointed Chairman […]

Rates are continuing to fall at Citizens Property Insurance Corporation, reflecting a shrinking exposure base as policy counts decline and Florida’s property insurance market stabilises. Regulators approved an average 8.8% rate reduction for homeowners multiperil policyholders this week, with wind-only customers seeing an average 5.5% cut, as […]

BirdsEyeView, a European Space Agency-backed Insurtech specialising in natural catastrophe modelling and exposure management, has launched AI Data Scrubbing, a new capability designed to automate Statement of Values (SOV) data cleaning and geolocation to support large-scale hazard modelling. AI Data Scrubbing uses advanced artificial intelligence […]