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Ascot hires RenRe’s Ashleigh Edwards to lead Ceded Re strategy

Ascot Group has appointed Ashleigh Edwards as group head of ceded reinsurance, where she will lead the company’s global ceded reinsurance strategy, covering its structure, placement approach and business lines. Edwards joins Ascot from RenaissanceRe for more than six years, most recently as senior vice president and global head of casualty reinsurance. She brings around…

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Corebridge closes Individual Retirement variable annuity deal with Venerable

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…

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Global reinsurer capital up 6% to $760bn in 9M’25 with average ROE of 16%: Aon

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…

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2026 to mark a decisive shift toward operationalised AI: Xceedance

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…

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Sompo appoints Christian Silies as President of Europe Reinsurance

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…

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