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The Australian Reinsurance Pool Corporation (ARPC) has reached a major milestone with total Cyclone Re Pool claims now exceeding A$1 billion since the program was launched. ARPC is a public financial corporation established under the Terrorism and Hurricane Insurance Act of 2003. The terrorism reinsurance pool began operations on July 1, 2003, and the hurricane…

Reinsurance broker Guy Carpenter reported that Indian insurance companies received the most favorable reinsurance terms in recent history during the April 1 renewal period, with risk-adjusted rates falling by as much as 30%. According to Guy Carpenter’s Reinsurance Renewal Report for April 1, 2026, this renewal season marks a marked softening of the market, driven…

Reinsurer General Re (Gen Re), a subsidiary of Berkshire Hathaway, announced the appointment of Daniel Osterrieder as head of North America country/multinational treaties. In this role, he will oversee strategic initiatives and operations across the region, contributing to the company’s ongoing focus on underwriting performance and client service. Osterrieder brings a wealth of leadership experience,…

Monica Ningen, CEO of Swiss Re U.S. Property & Casualty Reinsurance, warned that the increasingly volatile U.S. legal environment is undermining insurers’ fundamental ability to accurately price risk. Concerns about the abuse of the legal system and social inflation in the U.S. insurance market continue to rise. Commercial liability losses will reach US$143 billion in…

DUAL has expanded its global network and technology capabilities through a revised strategic partnership supported by Class A capacity partners led by Liberty, enabling higher primary risk limits, revenue of up to £1 billion and increased risk excess limits to £5 billion. The company explained that the expansion creates additional opportunities for the broker to…

International specialist re/insurance managing general agent (MGA) Rokstone has launched a new international casualty insurance binder from its Dubai office, offering up to $25 million of capacity on a lead or follow-prime basis, supported by A-rated Lloyds syndicate and led by Munich Re Syndicate Ltd. The binder, now live, is designed to strengthen Rokstone’s global…

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has appointed Winsee Cheung as director of its licensing business unit, effective April 7, 2026. Cheung will be responsible for leading the UK and MENA functions, joining Liberty’s underwriting leadership team alongside other divisional directors. Together they set the strategic direction for their respective areas and…

Berenberg said that as falling prices and rising capacity squeeze opportunities for profitable organic growth in the insurance industry, inorganic growth is taking center stage, with excess capital likely to be deployed into mergers and acquisitions. In a new report, the company highlighted the cyclical nature of the insurance industry, noting that the industry is…

kWh Analytics, embedded within its licensed insurance subsidiary Solar Energy Insurance Services, has launched a pilot program to recognize solar projects that take steps to withstand extreme weather. The program aims to improve risk modeling by incorporating data from projects implementing resilience strategies that go beyond what is typically included in standard insurance submissions. The…

Professional managing general agent (MGA) Euna has announced the expansion of its professional indemnity offering into the London market. The move marks an important step in the company’s evolution to expand its business and provide customized solutions for increasingly complex specialty risks. With over ten years of trading experience, Euna enters the London sector with…