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Corebridge Financial, Inc., an American multinational financial services company, has successfully completed the final portion of a variable annuity reinsurance transaction with Corporate Solutions Life Reinsurance Company, the insurance subsidiary of Venerable Holdings, Inc. The transaction includes the reinsurance of all individual retirement variable annuities issued by Corebridge subsidiary American Life Insurance Company of New…

Global multi-line insurer Zurich Insurance has appointed Paolo Mantero as its new group head of reinsurance, where he will transition from his most recent role as chief strategy officer (CSO). Mantello brings a wealth of strategic depth and financial acumen to the role, having held a number of leadership roles since joining Zurich, including global…

According to Aon’s January 2026 Reinsurance Market Dynamics Report, as of September 30, 2025, global reinsurer capital increased by more than 6% to US$760 billion from the end of 2024, with both traditional and alternative capital growing, mainly driven by retained earnings, unrealized gains, and new inflows from the sidecar and catastrophe bond markets. Last…

Travis MacMillian, president of the Americas at Xceedance, said that by 2026, insurance companies will move from experimenting with artificial intelligence to scaling it through human supervision, stronger governance and decision-making driven by real-time underwriting data. Xceedance says 2026 will represent a decisive shift towards actionable artificial intelligence, real-time risk intelligence and participatory insurance models…

The cyber market is benefiting from ample capacity for reinsurance renewals on January 1, 2026, at levels well above those seen just a few years ago, according to reinsurance broker Gallagher Re’s 1st View Renewals report. Ian Newman, global head of cyber, and Jennifer Braney, head of international cyber, said that while the underlying cyber…

Global property, casualty, specialty insurance and reinsurance provider Sompo has appointed Christian Silies as President of European Reinsurance. Silies has over twenty years of industry experience, with expertise spanning the professional, marine and energy sectors. He joined Sompo in March 2022 as global head of marine and energy, most recently as president of the Zurich…

Ryan Spettigue has joined AIG as the company’s new head of Australian client and brokerage operations. Spettigue joins AIG from Chubb, where he held a number of senior underwriting positions. He joined Chubb in 2014 as a casualty underwriter and subsequently became a workers’ compensation manager in Hong Kong and later a senior casualty underwriter…

The Baldwin Group, an independent insurance brokerage and advisory firm, and the CAC Group, a national middle-market insurance brokerage and advisory firm, consisting of CAC Specialty and CAC Agency, have completed their previously announced merger for a total advance of $1.026 billion. All told, the merger is expected to create one of the largest independent…

Guy Carpenter Experts from Asia Pacific share their insights into reinsurance renewals on 1 January 2026, highlighting the region’s good performance this year with below-average catastrophe losses. Asia Pacific CEO Tony Gallagher noted that over the past three years Guy Carpenter has seen growing interest in growing market share in the region, supported by a…

Property and casualty insurance provider The Travelers Companies, Inc. has completed the sale of Travelers Canada’s personal lines business and most of its commercial lines business to Definity Financial Corporation for approximately C$2.4 billion. The sale was initially announced in May 2025. Travelers retains its primary Canadian guarantee business. Travelers will use approximately $700 million…