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The Pensions Insurance Company (PIC), a specialist insurer of defined benefit pension schemes, has completed a £6.6 million buy-in of Primula limited pension scheme, providing benefits to all 74 scheme members. Known as one of the world’s first cheese spreads, Primrose recently celebrated its 100th anniversary. The brand is now part of the Kavli Group,…

Willis, the insurance brokerage company owned by WTW, has launched a specialized, forward-looking risk management model designed to deal with the increasingly complex data center environment. The unveiling comes as the industry moves away from viewing data centers as stand-alone assets and begins to view them as “critical, interconnected digital infrastructure that underpins global technology…

AXA XL, AXA’s Property & Casualty (P&C) and specialty risks division, announced the appointment of Jason C. Billingslea as Head of Energy, E&S, headquartered in Dallas, Texas. Billingslea brings extensive experience from E&S Energy and will lead the development and growth of the energy division team. In this new role, he will focus on portfolio…

Rokstone Agriculture, part of international specialty re/insurance MGA Rokstone, has launched a new US non-accredited commercial agriculture and farm and ranch property program supported by $25 million of non-accredited Class A capacity. The new product, which is reportedly available in all U.S. states except Alaska and Hawaii and excludes wind energy in some coastal areas,…

Karen Clark & ​​Company (KCC), a provider of disaster risk modeling solutions, has appointed industry veteran Deanne Nixon as senior vice president (SVP) to its senior leadership team in Jacksonville, Florida. In her new role, Nixon will work directly with insurers and reinsurers to ensure KCC’s advanced modeling technology and applications continue to deliver high…

The January 2026 winter storm, dubbed “Fern” by the Weather Channel, that affected a large swath of the United States set multiple records for winter weather disasters and is expected to generate hundreds of millions of dollars in insured losses, according to independent re/insurance broker BMS. Winter storm ferns have affected more than 180 million…

Global insurance and reinsurance broking group Howden has acquired Channel Islands-based retail insurance brokerage Polygon Insurance Brokers Limited (PIBL). The transaction is subject to regulatory approval. Through the acquisition, Howden has expanded its presence in the Channel Islands, with the ability to serve customers in Jersey and Guernsey. PIBL, formerly known as Vantage Insurance Brokers,…

With real-time M&A activity in the re/insurance industry expected to increase this year, PwC expects opportunities to emerge in win-win markets through the divestment of non-core portfolios both pre- and post-deal. PwC predicts in a new report that M&A activity in 2026 will be impacted by a challenging interest rate environment and continued pressure on…

R+V Re, a German reinsurer and part of privately held R+V Versicherung AG, has announced changes in the leadership of its business, promoting three long-term employees to lead different underwriting divisions. These promotions reflect R+V Re’s commitment to developing internal leadership leveraging its extensive underwriting experience and deep market expertise. Jessica Dear has been appointed…

David Flandro of Howden Re said that with geopolitical and macroeconomic trends reshaping an increasingly risky world and reinsurance pricing moving away from peaks in many business areas, there is a clear need for rationality and there are ample opportunities for underwriters to continue to deliver profitable growth. Reinsurance News recently spoke with Flandro, Managing…