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Global reinsurer Ariel Re has announced the appointments of Sarah Morgan as Head of Property and Reed Gaglio as Head of E&S Property Reinsurance, both effective April 1, 2026. Morgan succeeds Mike Cornish, who has held the position at Ariel Re since 2018. Cornish will continue in his new role with the company, supporting strategy,…
While standalone cyber reinsurance capacity remains ample, the tail layer remains expensive due to high capital charges, model uncertainty and systemic risk, prompting a search for more efficient structures. Gallagher believes that blending cyber tail risk with uncorrelated property catastrophe risk in a shared limit structure can significantly reduce pricing through lower capital requirements and…
Global life and health reinsurer Reinsurance Group of America, Inc. (RGA) has announced the appointment of Logan Blake as president of its Bermuda operations. Blake has over 20 years of actuarial experience in a variety of practice areas, including reinsurance, product development, individual life and annuities, Bermuda EBS, U.S. GAAP/STAT accounting, capital management, pricing, group…
UK government-backed terrorism reinsurer Pool Re has completed a 2026 retrocession arrangement, securing excess loss cover totaling £2.75bn, including new non-damage business interruption (NDBI) cover. In terms of scale, the £2.75 billion of Vintage Reinsurance protection secured through this 36-month placement remains unchanged from renewals in 2025, with placements to 65 international reinsurers in 2026….
As tensions rise in the Middle East, CyberCube issues a call to action to cyber insurance companies, urging them to use threat intelligence analysis to assess and manage potential cyber operational risks from Iranian threat actors. A new blog written by William Altman, director of cyberthreat intelligence services at CyberCube, points out that U.S. and…
Bermuda-headquartered Lancashire Insurance Holdings’ reinsurance premiums rose 8.1% year-on-year to $1.2 billion in the 2025 financial year, with each pillar contributing to growth, with group profit after tax falling 9% to $293.4 million due to higher costs due to weather and major loss events. Gross written premiums (GPW) for the entire business increased 5.1% year-on-year…
Speaking at the 2026 Association of Insurance and Financial Analysts (AIFA) Conference, Autonomous Analysts noted that the adoption of artificial intelligence in the insurance industry is still in its early stages and highlighted strong interest in data centers, although underwriters remain cautious about aggregation risks, limiting near-term growth potential. During the conference, analysts from Jefferies,…
Chubb, a major US insurance company, has announced the promotion of Richard Bracken to head of digital strategic partnership development for Asia Pacific, Japan and International, effective March 1, 2026. Bracken’s role has expanded from his previous role as regional director of consumer partnerships, responsible for finding strategic partners for Chubb in the Asia-Pacific region,…
Specialist insurance and reinsurance provider Ascot has launched Ascot Guard, a global security insurance solution designed to provide a wide range of protection for organizations and individuals operating domestically, internationally and in high-risk or complex environments. Ascot Guard is tailored to serve a diverse client base across industries including energy and mining, tourism, education, NGOs,…
International insurer and reinsurer QBE has announced the promotion of Scott Pidduck to the newly created position of General Manager, Canada, effective April 1, 2026. The general manager position replaces the Canadian director position that previously led Canadian operations. Based in Toronto, Pidduck will report to Kevin Shallow, executive director of international markets at QBE…