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Justin Keith to lead expansion of Ascot’s US treaty reinsurance offerings

Global specialty insurer and reinsurer Ascot has appointed Justin Keith, current Chief Executive Officer (CEO) of Ascot Bermuda Limited, to lead the expansion of the company’s treaty reinsurance products in the US market. Keith will move to the United States later this year for his new role. This leadership change underscores the company’s commitment to…

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Brett Gillmon appointed U.S. Property Practice Leader for Lockton

Private insurance broker Lockton has announced the appointment of Brett Gillmon as head of U.S. property practice, based in Atlanta. Gilmon will leverage his three decades of industry experience to oversee the strategic direction and continued growth of Lockton’s real estate offerings across the United States He will report to Devin Beresheim, Lockton’s head of…

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Jackson and TPG form long-term strategic partnership, capitalising Hickory Re

U.S. retirement services company Jackson Financial Inc. has entered into a long-term strategic partnership with global alternative asset manager TPG Inc., with TPG’s investment used to provide initial capital for Jackson’s new Michigan-based captive reinsurance company, Hickory Brooke Reinsurance Company (Hickory Re). The partnership combines Jackson’s annuity product expertise and extensive distribution network with TPG’s…

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InnSure launches climate innovations incubator platform, Creation Labs

InnSure, a not-for-profit climate change-related insurance risk financing company, has launched Creation Labs, its flagship climate innovation incubation platform created in partnership with GreenieRE. InnSure explained that Creation Labs is a launch and development platform that will facilitate the development of new climate risk management products and accelerate their time to market. “By matching insurance…

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Ark cuts Outrigger Re size as traditional quota share use rises for 2026

Ark Insurance Holdings Limited, the specialist property and casualty re/insurance subsidiary of White Mountains Insurance Group, has renewed Outrigger Re Ltd for a smaller unit to commence operations in 2026, reflecting increased use of traditional quota share reinsurance. Reinsurance Sidecar has a quota share contract with Ark to provide collateralized reinsurance protection for a portion…

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Swiss Re’s Paloma Quiroga Arias joins RenRe as SVP, Client Data & Analytics

Global property and casualty reinsurer RenaissanceRe (RenRe) has appointed Paloma Quiroga Arias as senior vice president (SVP) for client data and analytics. Arias has extensive experience in reinsurance, corporate strategy, research, data analytics and consulting. Prior to joining RenRe, she served as Head of Risk Consulting and Analysis at Swiss Re for nearly three years….

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Competition to challenge property reinsurers’ hard market insulation: USI

According to USI Insurance Services’ 2026 Commercial Property and Casualty Market Outlook report, the competitive environment will undoubtedly weaken some insulation reinsurers with strong reputations in difficult markets. USI said that as the market changes, the current rates, attachment points and terms that reinsurers strive to maintain are facing significant challenges from a market with…

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