Liberty Specialty Markets names Richard Richards to lead London property D&F business

Liberty Specialty Markets (Liberty), the specialty insurance and reinsurance arm of Liberty Mutual Insurance Group, has named Richard Richards as its new Head of Property Direct and Facultative (D&F), effective 2 November 2026. The London-based appointment will see Richards take charge of the insurer’s property D&F operations in the capital, reporting directly to Kevin Demmon,…

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APAC reinsurance buyers benefit from market softening, but outcomes remain risk-dependent: OneGlobal

Asia Pacific reinsurance buyers are broadly benefiting from market softening, with greater competition and more choice, according to Tom Curtis, Partner, Specialty & Reinsurance Consultancy, and Gary Moran, Senior Partner, Aviation & Transportation, at OneGlobal. However, APAC remains a patchwork of markets, with outcomes continuing to depend on territory, class, natural catastrophe exposure, loss experience…

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Hiscox Re net ICWP reduces in 9M’26 amid deliberate cycle management

Hiscox Re, the reinsurance operation of specialist insurer Hiscox, increased its gross insurance contract written premiums (ICWP) by 4.5% to $1.13 billion in the first nine months of 2026, although net ICWP decreased by 7.5% to $486.1 million as the firm actively reduced net natural catastrophe exposure, particularly in retro. The carrier highlights deliberate cycle…

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WTW names Kisha Tyrrell as Head of Captive and Insurance Management Solutions Bermuda

WTW, an international advisory, insurance broking and risk solutions group, has appointed Kisha Tyrrell to lead its captive and insurance management operations in Bermuda, following her promotion from Head of Underwriting and Claims in the territory. Tyrrell will be responsible for developing its captive insurance management activities in Bermuda, with particular attention to client engagement,…

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Aon and Munich Re launch pandemic reinsurance solution for Indonesia and the Philippines

Aon, a global re/insurance broker and risk adviser, and Munich Re, a leading global reinsurer, have launched a first-of-its-kind pandemic reinsurance solution for Indonesia and the Philippines. The solution is designed to help organisations address non-damage business interruption losses arising from a pandemic, a risk typically excluded from property and casualty insurance policies, except in…

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