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MEDGULF appoints Chairman and Vice Chairman of the Board of Directors

Reinsurance News

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) has announced the appointment of Yaser Yousef Naghi as Chairman of the Board of Directors, and Rakan Abdullah Abunayyan as Vice Chairman. Both appointments have bee...

Posted: Nov 28, 2025

Advanced APAC markets carry the region’s insurance stability: AM Best

Reinsurance News

APAC’s overall insurance stability continues to rest heavily on its most advanced markets, according to credit rating agency AM Best, with Japan, Singapore, Hong Kong, and South Korea providing the strongest foundation for regional credit quality...

Posted: Nov 27, 2025

Tower reports record FY25 profits as GWP increases to $600m

Reinsurance News

New Zealand-based insurer, Tower Limited, has reported an underlying profit after tax (underlying NPAT) of $107.2 million and a reported profit of $83.7 million for the financial year ended 30 September 2025. This increase was a significant turnar...

Posted: Nov 27, 2025

Piraeus completes acquisition of Ethniki Insurance

Reinsurance News

Piraeus Financial Holdings S.A. has announced that its subsidiary, Piraeus Bank S.A. (Piraeus), has completed the acquisition of 100% of the shares of Ethniki Insurance’s parent company, Ethniki Holdings S.à.r.l., from CVC Capital Partners Fund VI...

Posted: Nov 27, 2025

MoneyHero Group partners with InsureMO to expand digital insurance access in the Philippines

coverager

  MoneyHero Limited (NASDAQ: MNY) (“MoneyHero”), a leading tech- and AI-powered personal finance aggregation and comparison platform and a digital insurance brokerage provider in Greater Southeast Asia, today announced a strategic partnership...

Posted: Nov 27, 2025

Arch Insurance International appoints Beth Jenkins as Senior Casualty Underwriter

Reinsurance News

Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has announced the appointment of Beth Jenkins as a Senior Casualty Underwriter. In her new role, Jenkins will support t...

Posted: Nov 27, 2025

Re authorises $134m in reinsurance for deployment at Jan renewals

Reinsurance News

Re, a decentralised reinsurance protocol that connects institutional capital with fully collateralised insurance risk, has authorised $134 million in reinsurance across multiple programs, a major expansion of capital to be deployed across its insu...

Posted: Nov 27, 2025

Airline losses reshape the Q4’25 renewal season: WTW

Reinsurance News

Adam Hemingway, who leads the Global Aviation & Space division at WTW, an advisory, broking and solutions firm, offers a candid look at how a succession of costly airline incidents has transformed expectations for 2025. What was meant to be a...

Posted: Nov 27, 2025

Rising costs of weather disasters challenge global economies, says Munich Re

Reinsurance News

A new assessment from the global reinsurer Munich Re, draws on the expertise of Chief Climate Scientist Tobias Grimm and Lisa Hanselmann, Head of NatCatSERVICE, and sets out how major economies are increasingly strained by weather-related catastro...

Posted: Nov 27, 2025

Humanity Insured brings parametric insurance to Cambodian farmers facing extreme heat

Reinsurance News

Humanity Insured, a UK- and US-registered non-profit organisation, has announced a partnership with ARISE to deliver parametric insurance and digital advisory services to support smallholder farmers in Cambodia facing extreme heat. Humanity Insure...

Posted: Nov 27, 2025

Kestrel Group subsidiary initiates arbitration claim over reinsurance dispute

Reinsurance News

Kestrel Group has disclosed that its subsidiary, Genesis Legacy Solutions (GLS), has initiated arbitration against a ceding company under a reinsurance agreement, citing alleged breaches and misrepresentations. The arbitration arises from a reinsu...

Posted: Nov 27, 2025

Queensland and NSW storms push Suncorp to maximum reinsurance retention

Reinsurance News

Australian insurer Suncorp expects the recent supercell thunderstorms that brought large hail and destructive winds to South East Queensland and northern New South Wales to hit its full reinsurance retention of $350 million, with the storms prompt...

Posted: Nov 27, 2025

Alliant and BP Marsh backed Sodalis Capital launches

Reinsurance News

Sodalis Capital, founded and led by Colin Thompson as Chief Executive Officer (CEO) and backed by Alliant, an insurance intermediary, and BP Marsh & Partners PC, an AIM-listed specialist private equity investor, has officially launched this we...

Posted: Nov 27, 2025

QBE’s GWP reach $18.6bn in 9M’25 as firm reiterates full-year outlook

Reinsurance News

QBE has reported that gross written premium grew 6% in the nine months to 30 September 2025, reaching $18.6 billion. According to the insurer, gross written premium growth included a drag of around ~$250 million from the run-off of non-core lines...

Posted: Nov 27, 2025

Chris Mackinnon leaves Lloyd’s to build out Munich Re Specialty’s Australia presence

Reinsurance News

Munich Re Specialty, part of the insurance operations of global reinsurer Munich Re, has announced the joining of Lloyd’s veteran Chris Mackinnon to expand its presence in Australia. The appointment is subject to all regulatory approvals. As...

Posted: Nov 27, 2025

Tokio Marine Kiln adds Beresford as an underwriter for its Life Sciences team

Reinsurance News

Tokio Marine Kiln (TMK), an international specialist insurer and part of the Tokio Marine Group, has appointed Adele Beresford as an underwriter within its Life Sciences team, effective immediately. This appointment strengthens TMK’s ability...

Posted: Nov 27, 2025

AM Best upgrades Group Ark Insurance Limited’s Issuer Credit Rating

Reinsurance News

AM Best has upgraded Group Ark Insurance Limited’s (GAIL) (Bermuda) Long-Term Issuer Credit Rating to “a+” (Excellent) from “a” (Excellent) and affirmed its Financial Strength Rating of A (Excellent). GAIL is a wholly owned subsidiary of Ark Insur...

Posted: Nov 27, 2025

TWFG Insurance makes three leadership appointments

Reinsurance News

TWFG Insurance, a personal and commercial insurance US-focused independent distribution platform, has promoted Katherine Nolan to President, Julie Benes to Chief Legal Officer, and hired Mohan Vijayagopal as Chief Technology Officer. This series o...

Posted: Nov 27, 2025

Insurity launches $50M AI-powered Andromeda release

coverager

Insurity launched its Andromeda release as part of a $50M AI investment, adding real-time rating transparency and smarter, automated workflows for carriers and MGAs.

Posted: Nov 26, 2025

U.S. E&S Outlook No Longer Positive: AM Best

Carrier Management

U.S. E&S Outlook No Longer Positive: AM Best AM Best is...

Posted: Nov 26, 2025

Most Consumers Aware and Worried How Litigation Increases Insurance Cost

Carrier Management

Most Consumers Aware and Worried How Litigation Increases Insurance Cost The message appears to be getting through to consumers: Excessive insurance litigation is not good for insurance costs. According to a new survey from the Independent Insurance...

Posted: Nov 26, 2025

More Than 100 Homes Damaged by Tornado Near Houston

Carrier Management

More Than 100 Homes Damaged by Tornado Near Houston More than 100 homes were damaged after a tornado to...

Posted: Nov 26, 2025

Three Swiss Insurers Added to G20 Watchdog Resolution Plan List

Carrier Management

Three Swiss Insurers Added to G20 Watchdog Resol...

Posted: Nov 26, 2025

Cargo Theft Spikes During Thanksgiving Holiday

Carrier Management

Cargo Theft Spikes During Thanksgiving Holi...

Posted: Nov 26, 2025

Illinois Roofing Company Sued for Race and Sex Harassment

Insurance Journal

Anthony Roofing Tecta America LLC and Tecta America Corporation, roofing services providers in Illinois and nationwide, violated federal law when they subjected African American and female employees of their Aurora, Illinois location to race and sex...

Posted: Nov 26, 2025

Tyson Foods’ Decision to Close Nebraska Beef Plant Could Hurt Ranchers Nationwide

Insurance Journal

Tyson Foods’ decision to close a beef plant that employs nearly one third of residents of Lexington, Nebraska, could devastate the small city and undermine the profits of ranchers nationwide. Closing a single slaughterhouse might not seem signi...

Posted: Nov 26, 2025

AM Best keeps outlook for US L/A insurers steady

Reinsurance News

Credit rating agency AM Best continues to hold a stable outlook for the US life and annuity (L/A) insurance sector, citing steady premium growth, strong capital positions, and solid risk-adjusted measures. According to AM Best, these factors under...

Posted: Nov 26, 2025

Tornado Damages More than 100 Homes Near Houston

Insurance Journal

More than 100 homes have been damaged after a tornado touched down in a residential area outside Houston, authorities in Texas said Monday. No injuries were reported. Photos and drone video posted on Facebook by the Harris County Precinct 4 …

Posted: Nov 26, 2025

West Texas County Struggles to Secure Funding for Flood Prevention

Insurance Journal

When it rains here, West Texans brace for the worst. With nowhere to go, water collects across sidewalks, roads and highways — the flat, desert landscape becomes a wetland in the blink of an eye. Local officials in Ector County, …

Posted: Nov 26, 2025