Posts Tagged
Reinsurance
Pacific Life Re elevates medical analytics in life reinsurance
In September 2026, Pacific Life Re announced the appointment of Mei Sum Chan as Head of Medical Analytics, succeeding Ian Collins on his retirement. The 25 September report says Collins had built and led the function and that Chan had most recently advised research and development and global divisions on health and statistics. The reinsurer describes the team’s purpose as understanding emerging health and mortality trends, supporting assumption development
Malaysia renews tax exemption request for group employee cover
A renewed industry proposal In September 2026, the Life Insurance Association of Malaysia submitted its proposals for the 2027 Budget, requesting exemption of group employee insurance schemes from the 8% service tax. It also sought fairer and more neutral tax treatment for Malaysian-domiciled reinsurers. LIAM’s statement is dated 24 September; its press index lists publication on 25 September. The Budget was scheduled for 9 October. The government had not
DHL brings 25,000 Brazilian employees into its benefits captive
A Brazilian arrangement with a January 2026 start In September 2026, Captive Review reported that DHL had brought approximately 25,000 employees in Brazil into its employee benefits captive through an arrangement with local medical insurer Unimed, facilitated by MAXIS Global Benefits Network. The arrangement became effective on 1 January 2026. That distinction between the date operations began and the date the case became public matters: the report describes an
AM Best Fronting Analysis Puts Counterparty Risk On Captive Board Agendas
In September 2026, AM Best published an analysis warning that the involvement of unrated and unauthorised reinsurers is adding credit risk to US property casualty fronting arrangements. The report was announced on 30 September and examines a market that expanded during 2025. For captive boards, the relevance lies in the obligations that remain when risk is transferred between entities. A fronting structure needs scrutiny of recoverability and operational continuity
Liberty Mutual creates a closer link between insurance risk and capital markets
In September 2026, Liberty Mutual Investments appointed Paschal Brooks to the new role of Head of Insurance Solutions and Capital Markets. The appointment took effect on September 21. His team will work with Global Risk Solutions on structures connecting insurance risk with investment capital. The appointment is a statement of intent, not evidence of a completed capital-markets transaction. A more coordinated approach could broaden options for insurers and captives
Swiss Re and LSE find more links between corporate risks
A denser map of disclosed risks In September 2026, Swiss Re Institute and the London School of Economics reported that the number of connections among risks disclosed by 91 Fortune 100 companies was 24% higher than in 2019. Their joint analysis places artificial intelligence and supply chains among the most important points where different risks meet. This is a measure of connections found in corporate disclosures, not a measured
US mutual insurers report a sharp underwriting turnaround
In September 2026, AM Best reported that its rated US property and casualty mutual composite earned a $14.8 billion underwriting gain in 2025, compared with a $7.2 billion loss in 2024. Net income doubled to $42.6 billion and policyholders’ surplus rose to $468 billion. These are 2025 financial results published on September 24, 2026. Earlier rate increases, revised discounts and higher deductibles contributed, according to AM Best. So did
Blackstone and Aon Explore a Lloyd’s Syndicate Backed by Private Capital
A proposed route from client flow to private capital Blackstone has held discussions with Aon about creating a Lloyd’s syndicate that could earn returns on as much as $2 billion of annual premium, according an article published in September 2026 by the Financial Times. The project has not been confirmed as a final launch. Its significance lies in the proposed link between one of the world’s largest brokers and
Aon Germany’s Reinsurance Board Shows How Governance Can Integrate Expertise
Aon in September 2026 announced a new leadership and governance structure for Reinsurance Solutions in Germany, effective 1 October 2026. Phillip Esser will become chief executive, while Volker Wahl will serve as executive chairman. Jan-Oliver Thofern, whose retirement is planned for 1 January 2027, will advise Esser through the remainder of 2026. The firm is also establishing a seven-member Board of Reinsurance. Aon says the structure will bring together
Capital Solutions Are Expanding the Reinsurance Conversation
Canada Life Re in September 2026 said tailored capital solutions have been an important contributor to its growth. The company reported net earnings of CAD 353 million in the first quarter of 2026 and base earnings of CAD 310 million in the second quarter. These are company-reported accounting measures and are not directly comparable with every competitor’s figures, but they indicate that the business entered the year with substantial
Howden Re Builds an International Alternative Solutions Practice
In September 2026, Howden Re announced a new International Alternative Solutions practice led by Alexander Roth to develop risk and capital structures for clients across Europe, Asia and other international markets. The practice combines structured reinsurance, climate science, data analytics, product design, portfolio structuring, pricing, capital-markets access and placement. Peter Steiner and Kanika Anand have moved from Howden’s Climate Risk and Resilience practice to establish a dedicated parametric capability
Cyber Reinsurance Choice Is Growing as AI Compresses Response Time
According to a publication issued in September 2026, Marsh Re sees greater buyer choice and more bespoke cyber reinsurance structures. It expects European premium growth close to 10% in 2026 despite double-digit rate reductions. These trends can coexist as insured exposure, limits and take-up change; the figures remain a market outlook, not a guarantee. AI adds urgency because automated tools can shorten the period between discovery of a vulnerability
UK Insurers Challenge the Design of the First Dynamic Stress Test
In September 2026, Reuters reported that UK insurers had asked the Bank of England’s Prudential Regulation Authority (PRA) to reconsider the design of its first Dynamic General Insurance Stress Test, or DyGIST, following the live exercise conducted in May 2026. The debate matters beyond the UK market because DyGIST represents a different view of stress testing: one that examines how an organisation responds while a crisis is unfolding, rather
Can Employee Benefits Captives Close the War and Terrorism Gap? WTW
In September 2026, WTW published an analysis by Julie Nye arguing that employee benefits captives can help close coverage gaps created by war and terrorism exclusions. The subject is becoming more pressing for multinational employers. Group life, accident, disability and medical arrangements are normally built through local insured contracts, each shaped by local law, market practice and carrier appetite. War and terrorism provisions can therefore differ materially between countries,
Financial Fragmentation Is Turning Global Risk Sharing Into a Board Level Issue – The Geneva Association
A new Geneva Association report shows how geopolitical frictions can constrain reinsurance, capital and liquidity. The implications extend to multinational benefits programmes and captives.
Alternative Capital Cements Its Place in Reinsurance Strategy for 2027
Demand Is Moving Beyond Price In September 2026, Artemis reported that 28% of respondents to Moody’s Ratings’ annual survey of reinsurance buyers expect to increase their use of alternative capital in 2027. The remaining respondents expect their usage to remain unchanged, indicating that insurance-linked securities have become a durable component of reinsurance purchasing rather than a temporary response to scarce traditional capacity. Buyers cite diversification, multiyear protection and capital
US Health Insurance Reinsurance Cessions Surge 300% Since 2016, AM Best Finds
Ceded U.S. health insurance premium to the reinsurance market has soared to $203 billion in 2025, up from $59 billion in 2016—a jump of more than 300% over the decade, according to a new AM Best report published in September 2026. The report, Best’s Market Segment Report: Global Reinsurance – Health, attributes the growth to elevated high-cost claims, rising utilization, and persistent medical cost trends that are pushing U.S.
2020 RVS Reinsurance Event Cancelled
The non-profit association behind the Rendez-Vous de Septembre (RVS) international reinsurance industry conference in April 2020 announced it had canceled the 2020 edition. The organizers cited uncertainties surrounding the COVID-19 crisis as the reason behind their decision. RVS brings together around 3 000 leaders from the global insurance, reinsurance, and brokerage industry and marks the beginning of the annual cycle of renewals of corporate insurance contracts and reinsurance treaties.
TransRe Redomiciles to Luxembourg from Switzerland
Non-life reinsurer TransRe in July 2019 completed the redomiciliation of its Swiss subsidiary, TransRe Zurich, to Luxembourg. Owner Transatlantic Holdings had announced the move in September 2018. TransRe Zurich changes its name to TransRe Europe in the process. In addition to P/C, the company also reinsures Accident & Health risks. The continental European offices in Munich, Paris and Zurich, as well as Dubai, become branch offices of Luxembourg. TransRe
Tim Gardner named CEO, Lockton Global Re
Lockton in March 2019 named Timothy Gardner as CEO, partnered with Nicholas Durant and Claude Yoder, of its new company, Lockton Global Re. Gardner will be based in New York City, USA. Gardner joins Lockton from Guy Carpenter, where he was CEO for U.S. Operations. Previously, Gardner was with Marsh as Risk Management Global leader and COO for the US and Canada divisions. He was also Eastern Regional Manager
Nicholas Durant appointed to Lockton Global Re leadership team
Lockton in March 2019 named Nicholas Durant as CEO partner, along with Tim Gardner and Claude Yoder, of Lockton Global Re. This new reinsurance unit will incorporate Lockton’s specialty team based in London as well as its current reinsurance units Lockton Re U.S. LLC and Lockton Re U.K. LLP. Durant will be based in New York. Durant was previously managing director with Guy Carpenter, and president of Marsh Captive
Covered Agreement Signed Between UK, US
Replicating an earlier deal in 2017 between the European Union (E.U.) and the United States (U.S.), the latter in January 2019 signed a “covered agreement” with the United Kingdom (UK) that protects their respective international insurers and reinsurers when doing business with each other. The new covered agreement basically provides for a limited but very useful form of mutual recognition of reinsurance companies and of (re)insurance regulators. The existing
Lloyd’s Brussels Poised to Write Reinsurance Across EEA
Lloyd’s in October 2018 confirmed it will be able to write facultative and excess of loss treaty reinsurance on Lloyd’s Brussels paper from January 1, 2019 across all markets in the European Economic Area (EEA). Should the UK not secure Solvency II reinsurance equivalence in 2019, Lloyd’s will be ready to process proportional treaty reinsurance business through Lloyd’s Brussels from January 1, 2020. In any event, the market said
TransRe Moves EU Subsidiary to Luxembourg
U.S. reinsurer TransRe in September 2018 announced plans to redomicile its continental European legal entity TransRe Zurich to Luxembourg and change its name. The continental European offices in Munich, Paris and Zurich, as well as Dubai, will become branch offices of Luxembourg. Commenting on the move, Paul Bonny, President TransRe Europe and Asia Pacific, said: “we are now simplifying our corporate structure [for] our European, Middle Eastern and North
Risk Strategies acquires Oxford Risk Management Group
Risk Strategies, a privately held U.S. brokerage and risk management firm, in July 2018 acquired Oxford Risk Management Group, a Sparks, Maryland-based provider of alternative risk and captive insurance and consulting. Terms of the deal were not disclosed. Established in 2010, Oxford Risk Management Group specializes in conducting captive feasibility analysis, coordination and management of turn-key captive insurance company arrangements, both domestically and internationally. The company is led by
B3i Founders Incorporate Blockchain Startup
The Blockchain Insurance Industry Initiative (B3i) in March 2018 incorporated B3i Services AG in Zürich, Switzerland. B3i has been a collaborative initiative of 15 global insurers and reinsurers who came together in late 2016 to explore and test the potential of using Distributed Ledger Technologies within the re/insurance industry. B3i Services will provide insurance solutions on a blockchain platform, striving for improved speed, transparency, quality, security, and cost. It
Theo Lutgendorff joins Aon Benfield
Theo Lutgendorff in April 2017 joined Aon Benfield’s Amsterdam, The Netherlands, team for the Life, Accident, Health and Income lines. He works with insurers and pension funds in the Netherlands and Scandinavia, with a specific focus on the development of large accounts for traditional and Solvency II – related reinsurance solutions. The Amsterdam office of Aon Benfield, Aon’s reinsurance unit, now employs 28 professionals with a variety of specializations
