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…

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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…

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Welch and Warszawski join Greenlight Re Board of Directors

Cayman Islands-based reinsurer Greenlight Capital Re has announced the appointment of John Welch as an Independent Director of the company’s Board of Directors . Welch’s appointment follows the addition of Ariel Warszawski, who was recently elected to the Board by shareholders at the company’s Annual General Meeting held on 28 July 2026. David Einhorn, Chairman…

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Fitch maintains ‘deteriorating’ outlook for global reinsurance sector for 2027

Fitch Ratings, the global credit rating agency, has maintained its ‘deteriorating’ outlook on the global reinsurance sector for 2027. According to Fitch, this reflects operating conditions that are weakening gradually from levels the agency continues to regard as sound. Fitch attributes the outlook to its expectation of further price declines in 2027, albeit less pronounced…

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Middle East conflict is not currently expected to be a capital event, says Lloyd’s Tiernan

Lloyd’s, the global insurance and reinsurance marketplace, does not currently expect the continuing conflict in the Middle East to become a capital event for the market or have a material effect on its profit and loss, according to Chief Executive Patrick Tiernan. In a statement accompanying Lloyd’s first-half 2026 results, Tiernan said the market had…

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