EQT agrees to acquire majority stake in McGill and Partners for $2bn from Warburg Pincus
EQT and McGill and Partners have revealed that EQT X (EQT) has entered into a definitive agreement to acquire a majority stake in McGill and Partners from Warburg Pincus for $2 billion. McGill and Partners was founded in May 2019 by Steve McGill alongside a core senior team that included John Lloyd, Stephen Cross and…
QBE completes sale of Global Trade Credit and Surety unit to Swiss Re Corporate Solutions
QBE Insurance Group, an Australia-headquartered international general insurance and reinsurance company, has announced the completion of the sale of its Global Trade Credit and Surety operations to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group. The transaction, originally announced in February 2026, transfers the unit’s operations across Australia, New Zealand,…
ASR maintains underwriting discipline while targeting developing market opportunities: CUO Malterre
Africa Specialty Risks (ASR) is maintaining its risk appetite and underwriting discipline ahead of the 1 January 2027 renewals, while seeing opportunities to meet demand for specialist capacity and products across developing markets, according to Chief Underwriting Officer (CUO) Eric Malterre. In an interview with Reinsurance News around the annual meeting of the reinsurance industry…
Gallagher Re estimates €2.5bn in August Western Europe SCS & hail losses
From 24 to 28 August, severe convective storm (SCS) outbreaks caused extensive damage across multiple European countries, with the most severe weather occurring between 27 and 28 August and industry losses anticipated to approach EUR 2.5 billion, according to global reinsurance broking and advisory firm Gallagher Re. Between 24 and 26 August, a low-pressure system…
20 Ways Beyoncé Has Completely Changed The Game
With six UK number ones to her name, an estimated 200 million records sold and a record-breaking 35 Grammys in her trophy cabinet, no one can deny that Beyoncé’s impact throughout her career has been absolutely immense. But it’s not just record sales and accolades that prove how impactful an artist the Queen Bey really…
Gallagher Re estimates EUR 2.5bn in August Western Europe SCS & hail losses
From 24 to 28 August, severe convective storm (SCS) outbreaks caused extensive damage across multiple European countries, with the most severe weather occurring between 27 and 28 August and industry losses anticipated to approach EUR 2.5 billion, according to global reinsurance broking and advisory firm Gallagher Re. Between 24 and 26 August, a low-pressure system…
Reinsurers likely to be more disciplined at Jan 1 than in past soft markets: Storr, Antares
Ahead of the 68th edition of the Monte Carlo Rendez-Vous (RVS), Mat Storr, Head of Reinsurance at Antares Global, has said that the upcoming renewals are likely to be more disciplined than in past soft markets. Storr expects an orderly renewal rather than a dramatic shift in pricing, and anticipates that buyers with well-performing portfolios,…
Bermuda-based Compre extends Renewable LPT agreement with French insurer Wakam
Compre, an international speciality reinsurance group based in Bermuda, has renewed its Renewable Loss Portfolio Transfer agreement with French insurer Wakam. Initially completed in 2025, the original deal covered approximately €140 million of reserves as at 31 December 2024, focusing mainly on UK and French motor and property insurance liabilities for 2024 and prior. The…
Conduit Re announces three senior underwriting appointments to Property team
Conduit Holdings Limited, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, has announced three senior underwriting appointments to Conduit Re’s Property team. Aaron Coates has been appointed Head of Property. In this role, he will oversee Conduit Re’s Property portfolio and team. He brings more than 25 years of reinsurance and…
Miriam Margolyes’ Comments About Andi Peters’ Skin Colour Face Backlash
Miriam Margolyes is facing criticism over comments she made to Andi Peters during her latest appearance on This Morning. On Thursday morning, the Bafta was interviewed by Andi and co-host Christine Lampard live on the ITV daytime show about her new book Miriam’s Full English, in which she reflects on modern-day British culture. During the…
