Reinsurance News

Hannover Re is continuing to build-out its Bermuda-based insurance-linked securities (ILS) platform Hannover Re Capital Partners in 2026, with funds deployed for partnering investors already, the team being strengthened and a goal to onboard more investors while establishing new structures to support a range of investment opportunities.

Global reinsurance broker Howden Re has hired Matthew Overall as Managing Director, Retro, in a London-based role, where he is expected to play a key role in the continued growth of the company’s global retrocession platform.

Nascent Re Ltd. a licensed reinsurance transformer owned and operated by Bermuda-based Nascent Group, has issued $23.5 million of preferred shares through a segregated account named Telford marking the second private insurance-linked securities (ILS) arrangement we’ve seen from this vehicle.

During a recent media briefing, Hon. Andre Ebanks, MP, Premier & Minister for Financial Services and Commerce, highlighted how the Cayman Islands’ application for US National Association of Insurance Commissioners (NAIC) Qualified Jurisdiction Status (QJS) could further boost the territory’s appeal for ILS, while also creating opportunity for the island to mature in the reinsurance […]

Arch Capital, the Bermuda headquartered insurance and reinsurance specialist, continues to utilise its Voussoir Re Ltd. collateralized reinsurance sidecar and special purpose insurance (SPI) vehicle to help third-party investors access the returns of its underwriting, with a new preferred share issuance from the structure in 2026.

Global reinsurance giant Munich Re has promoted Pierre Buisson to the role of Head of Weather & Agro, where he will be based in Zurich, and collaborate with the reinsurer’s clients across Europe to better understand, manage, and hedge weather-related risks.

Willis Re, the reinsurance advisory and brokerage firm, has signed a definitive agreement to acquire the US Reinsurance division of BMS Group (BMS Re, US). The deal includes BMS Intermediaries Inc., BMS Capital Advisory LLC, and BMS Re’s associated US reinsurance broking team based in London.

Given that both the intensity and frequency of severe convective storm (SCS) events continue to steadily rise, Descartes Underwriting has indicated that the use of highly-responsive parametric solutions can help address aggregated SCS exposure.

US-headquartered insurance holding firm, W. R. Berkley Corporation, reported higher premiums being ceded to its Lifson Re collateralized reinsurance sidecar for both the second-quarter and first-half of 2026, while the company also recognised more fee income being earned from the structure.

AM Best anticipates continued normalisation of reinsurance underwriting results through the rest of 2026 absent any major catastrophic losses, but anticipates competitive pressures will rise further next year as the market continues to build its capital base.