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…
American Integrity boosts cat XoL limit to $2.99bn amid softer reinsurance pricing and improved Florida conditions
American Integrity Insurance Group, a Tampa-based property and casualty insurance holding company, has fully implemented its 2026-2027 indemnity-based catastrophe excess loss reinsurance program for its insurance subsidiary American Integrity Insurance Company (AIIC), effective June 1, 2026. The company said market conditions were favorable at renewal on June 1, supported by a well-capitalized reinsurance market, legislative…
Verisk reveals updated Tropical Cyclone Model through new Synergy Studio platform
Verisk has launched a major update to its U.S. Tropical Cyclone Model, delivered through its new cloud-native Synergy Studio platform, providing more realistic assessments of individual and portfolio risk for insurance, reinsurance and capital markets. According to Verisk, the updated U.S. tropical cyclone model reflects a near-term climate view based on recent tropical cyclone behavior…
QBE appoints Andy Tsui to dual leadership role supporting Asia growth strategy
International insurer and reinsurer QBE has announced the appointment of Andy Tsui as Head of Corporate Underwriting for Hong Kong and Macau and Head of People Risk for Asia, effective June 1, 2026. Xu will be based in Hong Kong and will report to Lei Yu, CEO of North Asia. In his new role, he…
DXC Technology’s Mahon urges shift to automated reinsurance platform amid geopolitical volatility
In an increasingly complex geopolitical environment, James Mahon of global technology services provider DXC Technology urges a move away from manual processes and fragmented systems towards modern, automated reinsurance platforms to enable reinsurers/insurers to maintain control, respond to changes faster, and compete in volatile markets. James Mahon, head of reinsurance pre-sales at DXC Technology, said…
Meyer to succeed Mekota as Munich Re’s Head of Single Risks Claims
Global reinsurer Munich Re has announced a number of key leadership appointments within its claims organization, all effective June 1, 2026. In light of his retirement at the end of November, current head of single risk claims Michal Mekota will resign. In this role, he will serve as a senior executive advisor, focusing on strategic…
South Korea’s DB Insurance completes acquisition of Fortegra
Fortegra Group, Inc., a global specialty insurance company, announced the completion of its acquisition of DB Insurance Co., Ltd., a Korean non-life insurance company. The deal, originally announced on September 26, 2025, will see DB Insurance acquire 100% of the outstanding shares of Fortegra from Tiptree and Warburg Pincus for approximately $1.65 billion in cash….
Martin Zingg to succeed Chris Minter as Head of Swiss Re’s Alternative Capital Partners
Swiss Re has appointed Martin Zingg, currently group head of corporate development and strategic investments, as head of its Alternative Capital Partners (ACP) division, replacing Chris Minter who has decided to retire after nearly 13 years with the company. In addition to his current responsibilities, Zingg will lead ACP, which reportedly reflects the growing convergence…
J-ICS reform key driver of steady build-up in Japan life insurers’ reinsurance usage
Japanese life insurers have become increasingly reliant on reinsurance in recent years, largely driven by sectors preparing for the new J-ICS solvency regime to come into effect at the end of March 2026, a new report from AM Best shows. The rating agency said the overall cession rate (as a percentage of the segment’s total…
Beazley appoints Wunderlich as Head of Alternative Risk Transfer, Bermuda
Beazley, a major specialty insurer, has expanded the responsibilities of Stefan Wunderlich and appointed him as head of alternative risk transfer (ART) in addition to his existing role of head of parameters. Wunderlich will relocate to Bermuda for his new role, subject to immigration approval. The move strengthens the insurer’s commitment to Bermuda and follows…
