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A recent report from Allianz highlights that the frequency and intensity of severe convective storm (SCS) events has increased significantly, resulting in billions of dollars in insured losses globally, but these risks can be mitigated through a combination of traditional resilience measures and artificial intelligence (AI) solutions. Last year alone, these unpredictable events accounted for…
Ardonagh’s Orvia Underwriting has announced a number of senior leadership appointments to strengthen its underwriting, distribution, technology and operational capabilities while increasing scale across its European markets and business lines. Launched in January 2026, Orvia Underwriting is Ardonagh Group’s new pan-European MGA platform. Orvia appoints Paul Nolan as chief underwriting officer, responsible for underwriting strategy,…
According to brokerage Aon Group, global reinsurance capital will grow nearly 10% in 2025, reaching a record $785 billion by the end of the year, with both traditional equities and alternative capital hitting new highs, providing the industry with ample room to absorb growing risks. The broker has released its April 2026 update of its…
Singapore-based boutique insurance solutions consultancy Kairos Risk Solutions has strengthened its presence in the North American reinsurance and risk advisory market with the acquisition of Molto Re. As part of the acquisition, Josh Madson has been appointed Managing Director (MD) of Kairos Risk Solutions North America. The transaction is consistent with Kairos’ long-term strategic growth…
George Sherriff, CEO of Gallagher Re Japan, said Japan remains an attractive diversified market from a reinsurance perspective. He pointed out that reinsurance companies are well-capitalized and are still seeking opportunities for renewal after April 1, 2026. In an interview with Reinsurance News on April renewals, mainly for Japan, Sharif said trends were broadly consistent…
According to Aon’s April renewal report, the reinsurer’s average return on equity (ROE) reached 17%, supported by solid investment performance, marking the third consecutive year of strong underwriting performance and retained earnings. With this in mind, the company said it expects reinsurers to continue to generate returns above the cost of capital through 2026, assuming…
The January 1 renewal trend continued in Japan-focused April 1 reinsurance renewals, with Gallagher Re reporting no losses on Japan’s real estate catastrophe plans, leading to lower risk-adjusted rates in the range of -15% to -17.5% as buyers took advantage of strategic opportunities. Reinsurance broker Gallagher Re’s latest First Edition report examines the important April…
Gen Re, Berkshire Hathaway’s global reinsurance subsidiary, has appointed Nancy Roos to the executive board of General Reinsurance AG, effective April 1, 2026, following the retirement of Mike O’Dea. General Reinsurance AG is the German legal entity of the reinsurance company and the main risk taker in its international business. Roos has served as the…
Fitch Ratings has upgraded the insurer financial strength ratings of SRLEV NV and Athora Life Re Ltd. to “A+” from “A” and the long-term issuer default ratings of Athora Holding Ltd. and Athora Dutch NV to “A” from “A-“, with all ratings outlooks stable. The rating upgrade follows Athora’s announcement on March 27, 2026, of…
Specialty MGA, part of the MNK Group, has appointed Uwe Sievers as Japan Business Development Director, responsible for leading the expansion of its key products in the Japanese market. The decision highlights Japan’s growing importance in the group’s wider international ambitions as it continues to expand its global footprint, enhance cross-border capabilities and strengthen access…