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Willis Re hires Gallagher Re’s Thomson to boost analytics capabilities

Willis Re, the reinsurance advisory and brokerage joint venture between Bain Capital (BCIS) and WTW, has hired reinsurance broker Gallagher Re’s Tina Thomson. Thomson brings a wealth of experience gained throughout her career in a variety of senior leadership roles in analytics, research and digital solutions. Her career spans catastrophe model providers, property and casualty…

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Navium Marine and Overhaul introduce Helix Consortium for AI data server cargo cover

Navium Marine, a specialist maritime managing general agent operating through the Fidelis Partnership (TFP) Pine Walk platform, has partnered with Overhaul, a global provider of cargo risk management solutions, to develop insurance products focused on real-time monitoring of cargo on artificial intelligence infrastructure. The arrangement is supported by the Lloyd’s of London market and brings…

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Sompo names Van Gysegem as Country Manager, Insurance, Belgium & the Netherlands

Sompo, a global provider of commercial and consumer property, casualty and specialty re/insurance, has appointed Bart Van Gysegem as regional manager for insurance in Belgium and the Netherlands, effective immediately. It is the latest step in Sompo’s long-term growth plans in Belgium and the Netherlands, where the company last year received licenses from regulators to…

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Moody’s upgrades Generali’s IFSR rating to A1 with stable outlook

Moody’s Ratings upgraded the Insurance Financial Strength Rating (IFSR) of Italian insurance company Generali Group and its core European subsidiaries to A1 from A2. The rating outlook remains stable. The rating, which is four notches above Italy’s sovereign rating (Baa2 Stable), reflects its very strong business and financial profile, which significantly reduces its sensitivity to…

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Property cat ROL declines accelerate at June 1 reinsurance renewal: Howden Re

Reinsurance broker Howden Re reported a 25% drop in risk-adjusted property catastrophe rates on a weighted average basis at reinsurance renewals on June 1, accelerating from the -14.7% and -16% declines the company recorded during January and April renewals, respectively. Howden Re’s June 1 risk-adjusted Property Catastrophe Reinsurance Online Rates (ROL) index showed continued weakness…

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Acrisure Re CEO warns against complacency despite below-average 2026 hurricane forecast

Acrisure Re, the reinsurance arm of global fintech company Acrisure, has forecast slightly below-average activity in the upcoming 2026 Atlantic hurricane season, but CEO Simon Hedley stressed that the industry cannot afford to be complacent and that preparedness and rigorous risk management remain vital. The 2025 Atlantic hurricane season was considered a slightly above-average Atlantic…

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26North Re to acquire Independent Insurance Group in strategic entry into US insurance market

26 North Reinsurance Holding Company announced that it has entered into a definitive agreement to purchase the entire issued share capital of Independent Insurance Group, LLC, the parent company of Independent Life Insurance Company. Independent Life is considered a specialist insurance company that specializes in providing structured settlement annuities to individuals and their families with…

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