Hannover Re reports 3.3% rise in Jan 1 P&C reinsurance premiums

Hannover Re reported that despite a highly competitive market environment, its total renewal premiums for traditional property and casualty reinsurance increased by 3.3% to €10.535 billion as of January 1, 2026. The reinsurer noted that its growth was driven by its strong market position and long-term, partnership-driven client relationships. According to Hannover Re, the contract…

Read More

Meiji Yasuda Group acquires Banner Life for $2.3bn

Japanese life insurance company Meiji Yasuda Group completed the acquisition of Banner Life Insurance Company and New York’s William Penn Life Insurance Company (Banner Life family company) for approximately US$2.3 billion. The acquisition follows a preliminary agreement announced in February 2025 and includes the US term life insurance and pension risk transfer (PRT) businesses previously…

Read More

BHSI promotes Chris Polechronis to Head of Financial Institutions, US

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty and specialty insurance solutions, announces the promotion of Chris Polechronis to head of U.S. financial institutions Polechronis, headquartered in New York, will be responsible for the company’s financial institutions business nationwide. He has nearly 25 years of industry experience focused on financial institutions. He…

Read More

Data centre boom has headwinds, but Chubb’s capabilities extremely broad: CEO Greenberg

The rapid construction of data centers around the world is a huge investment opportunity but also creates headwinds, but global insurer Chubb’s capabilities in the area are extremely broad, CEO Evan Greenberg emphasized on the company’s recent earnings call. Greenberg emphasized that Chubb has “double-down” on its internal structures to provide comprehensive coverage for the…

Read More

CGRE launches Aviation Insurance and Reinsurance Practice led by Matt Gould

CGRE, an independent insurance and reinsurance brokerage, launches aviation insurance and reinsurance business, further expanding its expertise and global market capabilities. Matt Gould will lead the new business as head of aviation. He has over twenty years of experience in the aviation re/insurance market. The product will provide customized insurance, reinsurance and risk management solutions…

Read More