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In a recent interview with Reinsurance News, Jonathan Jackson, CEO of flood forecasting company Previsico, discussed the challenges and opportunities facing the flood insurance industry in 2026. Flood-related insured losses continue to rise in 2025, reinforcing the broader trend of rising climate-driven claims and putting increasing pressure on the industry’s risk pools. Globally, insured losses…

Bermuda-based InEvo Re, a specialist life reinsurer backed by Macquarie Asset Management, has announced the successful completion of its third reinsurance transaction since its launch earlier this year. The latest deal with a UK life insurance company marks a significant expansion of the company’s footprint in the highly competitive UK pension risk transfer (PRT) market….

Robert Maloney has joined specialty insurer Emerald Bay Risk Solutions as senior vice president and head of Ceded Re. Emerald Bay Risk Solutions is a “collaborative underwriting firm” launched in 2024 by co-founders Dave Ingrey and Miles Allkins, with support from Bain Capital. It leverages data-driven technology and underwriting expertise to coordinate interests across the…

Property and casualty insurance company Skyward Specialty has partnered with artificial intelligence underwriting company Sixfold to accelerate the company’s U.S. property and casualty insurance underwriting process that will be fully AI-driven. The partnership reinforces Skyward Specialty’s long-term commitment to become a more data-driven, insightful and operationally efficient underwriting organization. Sixfold’s AI platform is designed to…

International insurer and reinsurer QBE has announced two leadership appointments for its Singapore maritime business. Kelly Lim has been appointed Country Head Cargo and TOL, while Alex Lim has been appointed Country Head Hull and Liability for QBE’s maritime business in Singapore. Both Kelly and Alex will report to Head of Maritime Asia, ensuring alignment…

Credit ratings agency AM Best revised the outlook for Mexico’s insurance industry to negative from stable due to the elimination of fiscal credits for value-added tax and other claims-related expenses paid to third parties, including hospitals. AM Best said the regulatory change could reduce insurers’ expected net profits in 2025 by as much as 40%….

John DePeters has been named executive vice president and head of commercial lines and specialty lines for Chubb Overseas General Insurance (COG), effective January 1, 2026. Headquartered in London, DePeters will be responsible for overseeing the performance and accelerating global expansion of Chubb’s mid-market, small commercial and professional product line portfolio. “He will work closely…

The Pensions Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has agreed a £230m acquisition agreement with the trustees of the Peel Port Final Salary Pension Scheme. As one of the UK’s largest port operators, Peel Port Group handles more than 70 million tonnes of global cargo for its customers each year….

Specialist M&A tax adviser Tom Hughes has been appointed tax insurance director within Gallagher’s rapidly expanding Private Equity and M&A (PEMA) practice in Europe, the Middle East and Africa, effective January 5, 2026. Hughes, who is based in the UK and has been a professional chartered accountant and professional tax adviser for the past ten…

KBW analysts expect risk-adjusted property catastrophe reinsurance rates to fall by 15-20% during the January 2026 reinsurance renewal period, with overall declines expected to be closer to 20% in the relatively “late” season. KBW said the unchanged attachment points in each occurrence reflected the reinsurers’ generally sustained discipline. Reinsurers generally expect at least adequate performance…