Category: Insurance

Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has made a parametric insurance payout to Mexico’s federal government following a magnitude 7.3 earthquake off the country’s southern coast on July 17, 2026. The event activated coverage under Mexico’s nationwide earthquake and volcanic risk program just weeks after its inception,  for which LM…

Greater reinsurance capital supply is good news for an industry facing increasingly interconnected risks, according to Leopoldo Camara, Head of P&C Reinsurance Northern, Central & Eastern Europe at Swiss Re, speaking ahead of the Baden-Baden gathering 2026. “We think that is actually good news because more capital is needed to address the growing risks that…

Aon plc, the professional services firm specialising in risk, retirement and health solutions, has appointed Leonora Siccardi to the newly established position of Global Chief Execution Officer (CXO) for Risk Capital and Human Capital. The appointment takes effect immediately, with Siccardi reporting to Joe Peiser, Chief Executive Officer of Risk Capital, and Byron Beebe, Chief…

Reinsurance News held its fourth Monte Carlo Executive Roundtable at the 68th edition of the annual RVS meeting in September, bringing together eight leaders from across the re/insurance industry to discuss key issues shaping the sector. The 2026 Reinsurance News Monte Carlo Executive Roundtable report, in partnership with SiriusPoint, PwC, and BMS Group, is now…

Cotality, a global provider of property information, analytics, and technology-enabled data solutions, has estimated insured losses from Hurricane Isaias’ wind and storm surge at USD 2 billion to USD 3 billion, with the bulk of losses expected in the Florida Panhandle and southern Alabama. Hurricane Isaias made landfall near Destin, Florida, on 9 October, 2026,…

Aon and the European Bank for Reconstruction and Development (EBRD) have expanded the Ukraine Recovery and Reconstruction Guarantee Facility (URGF) from €110 million to €150 million, boosting war risk reinsurance capacity that has supported nearly 10,000 policies covering goods and vehicles worth more than €500 million. Aon said the expansion comes at a critical time…

HDI Global, the corporate and specialty insurance business of the HDI Group, has announced that Delphine Leroy will become Managing Director of its French operations on 1 January 2027. She will take over from Jean-Marie Haquette, who is retiring following almost four decades in the insurance and reinsurance sectors. The appointment remains subject to regulatory…

WTW, a global advisory, broking and solutions company, has announced the appointment of Darrel Beaton as Director of Underwriting within its Insurance Consulting and Technology (ICT) business, effective 5 October 2026. Based in Austin, Texas, Beaton will support the continued expansion of WTW’s underwriting and product propositions, helping clients modernise underwriting operations, improve portfolio performance,…

Specialty MGA, the managing general agent within MNK Group, has appointed David Higgins as Senior Underwriter for Bloodstock as the business moves to establish a new international portfolio focused on high-value bloodstock risks. Higgins joins Specialty MGA with more than four decades of underwriting experience across the bloodstock and aviation sectors. His previous roles include…

Meanwhile, a bitcoin life insurer regulated by the Bermuda Monetary Authority, has successfully raised $37.5 million in new funding from its existing investors, bringing its total capital raised past $180 million. The round was led by Bain Capital Crypto, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital,…