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QBE FY25 net profit reaches $2.157bn with improved 91.9% CoR

Reinsurance News

International insurer and reinsurer QBE has announced its financial results for the full year 2025, reporting a net profit after tax of $2,157 million and an improved combined operating ratio of 91.9%. FY 2025 net profit after tax increased from $...

Posted: Feb 20, 2026

Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

Insurance Journal

More than two-thirds of independent agencies plan to increase use of artificial intelligence in the next 12 month though just 8% said AI is currently embedded in their daily workflows, according to a new report from The Big “I” Agents &#8...

Posted: Feb 20, 2026

Asset-intensive reinsurance expands globally with competition intensifying: PwC

Reinsurance News

Asset-intensive reinsurance (AIR) is expanding globally, with activity still concentrated in the US, while transactions gain momentum in the Asia-Pacific, the UK, and Europe, according to PwC. AIR refers to reinsurance transactions of insurance pr...

Posted: Feb 20, 2026

Convex delivers strong underwriting performance in 2025 as GWP nears $6bn

Reinsurance News

Specialty insurer and reinsurer Convex achieved a 14% year-on-year rise in gross written premiums (GWP) to $5.9 billion in 2025, resulting in a three year compound annual growth rate of 25%, with expansion in most business lines despite the impact...

Posted: Feb 20, 2026

Climate Change Made Deadly Valencia Floods More Intense

Insurance Journal

Man-made climate change intensified the rain that fell over Spain’s Valencia region in 2024, when flash floods and landslides caused at least 230 deaths and an estimated €29 billion in damages ($34 billion). Global warming also meant that sudde...

Posted: Feb 20, 2026

American Coastal’s net income rises 437% in Q4’25

Reinsurance News

American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported a net income of $26.6 million for the fourth quarter of 2025, representing a 437% increase from $4.9 million in the same period a year earli...

Posted: Feb 20, 2026

Marsh Risk new excess facility to support US digital infrastructure growth

Reinsurance News

Marsh Risk, a business of broker and risk advisor Marsh, has launched Nimbus Casualty, a dedicated insurance facility designed to provide excess general liability protection for digital infrastructure projects across the US during the construction...

Posted: Feb 20, 2026

Marsh Risk launches new excess facility to support US digital infrastructure growth

Reinsurance News

Marsh Risk, a business of broker and risk advisor Marsh, has launched Nimbus Casualty, a dedicated insurance facility designed to provide excess general liability protection for digital infrastructure projects across the US during the construction...

Posted: Feb 20, 2026

How the UK Is Keeping Flood Insurance Affordable – Until 2039

Insurance Journal

While floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance. That reassurance exists largely because of Flood Re. Launched in 2016, Flood Re is a national public–private reinsurance scheme...

Posted: Feb 20, 2026

Record underwriting profit in 2025 drives best ever year for Fairfax Financial

Reinsurance News

Fairfax Financial has revealed that all of its major insurance and reinsurance segments achieved combined ratios below 100% in 2025 for a consolidated combined ratio of 93% and record underwriting profit of $1.8 billion. Prem Watsa, Chairman and C...

Posted: Feb 20, 2026

India Grants One-Month Extension to 4 Russian Marine Insurers

Insurance Journal

India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow. The stopgap move lasts for one month...

Posted: Feb 20, 2026

J.B. Boda & Co. appoints Rajesh Sinha as CEO & MD – APAC

Reinsurance News

J.B. Boda & Co., the overseas company of international re/insurance broker J.B. Boda Group, has announced the appointment of Rajesh Sinha as Chief Executive Officer & Managing Director – APAC. A globally recognised insurance and reinsuranc...

Posted: Feb 20, 2026

PERILS places first industry loss from Windstorm Goretti at €467m

Reinsurance News

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for extratropical windstorm Goretti, which affected southwestern England, northern France, and Belgium from 8 to 9 January 2026 a...

Posted: Feb 20, 2026

When Cyber Risk Becomes a Critical Risk in Health Care

Risk & Insurance

Rising ransomware attacks, third-party vulnerabilities and insurance exposure are transforming health care cyber security into an enterprise-wide resilience challenge. The post

Posted: Feb 20, 2026

Lockton appoints Renuka Nar as Director, Head of L&H Reinsurance, India

Reinsurance News

Lockton, an independent insurance broker, has announced the appointment of Renuka Nar as Director – Head of Life and Health Reinsurance, India. In her new role, Nar will lead the Life and Health Reinsurance practice in India, focusing on building...

Posted: Feb 20, 2026

Hamilton grows top-line 21% as net income rises to $577m in 2025

Reinsurance News

Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, generated net income of $577 million in 2025, an increase of 44% year-on-year, as the underwriting result dipped very slightly but remains strong with a combined ratio of 92.9%....

Posted: Feb 20, 2026

Chubb promotes Scott Henck to Group Actuary

Reinsurance News

Large US insurer Chubb has promoted Scott Henck to the role of Senior Vice President (SVP) for the Group and Chief Actuary, effective April 1st, 2026. He will have a dual reporting line to Evan G. Greenberg, Chairman and Chief Executive Officer (C...

Posted: Feb 20, 2026

QBE sees ‘strong & sustainable’ outcome at Jan 1 as retentions fall again

Reinsurance News

Alongside its full-year 2025 results, QBE has also provided an update on its January 1, 2026, reinsurance renewal, where it secured a further reduction in retentions on its main catastrophe reinsurance tower amid favourable market conditions. QBE...

Posted: Feb 20, 2026

Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit

Reinsurance News

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months....

Posted: Feb 20, 2026

EMEA re/insurer ratings show improvement in 2025, AM Best report finds

Reinsurance News

Ratings of insurers and reinsurers across Europe, the Middle East, and Africa (EMEA) showed improvement in 2025, according to a new report from AM Best, a credit rating agency specialising in the insurance sector. The findings are presented in the...

Posted: Feb 20, 2026

Legacy specialist Xitus selects INTX as core insurance operating system

Reinsurance News

Xitus, a legacy specialist providing discontinued insurance solutions through acquisition and loss portfolio transfers, has chosen INTX Insurance Software, a complete Insurance Operating System for specialty P&C insurers, MGAs, reinsurers and...

Posted: Feb 20, 2026

Markets/Coverages: Markel Collaborates With Upfort on US Cyber; Business Risk Partners Launches SML...

Insurance Journal

Markel announced a new collaboration with Upfort to provide eligible U.S. cyber policyholders with an expanded suite of tools to help them safeguard their businesses and help reduce the risk of cyberattacks. Upfort Shield, a multi-layer cyber defense...

Posted: Feb 20, 2026

Willis Re welcomes Rikki Hornett to its leadership team

Reinsurance News

Willis Re, a re/insurance advisory and broking firm and part of WTW, has announced the appointment of Rikki Hornett to its team, bringing more than 40 years of industry experience, including over 25 years working in the Bermuda market. During his...

Posted: Feb 20, 2026

California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes

Carrier Management

California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe...

Posted: Feb 20, 2026

Employers Holdings Expands Into Excess Workers Comp

Carrier Management

Employers Holdings Expands Into Excess Worker...

Posted: Feb 20, 2026

Marsh Risk Launches Excess Casualty Facility for U.S. Digital Infrastructure Projects

Carrier Management

Marsh Risk Launches Excess Casualty Facility for U.S. Di...

Posted: Feb 20, 2026

People Moves: Yuko and Shapiro to Lead Amwins New Hospitality Practice; Pinion Insurance Names Selvi...

Insurance Journal

Amwins Appoints Yuko and Shapiro to Lead New Hospitality Practice Amwins, headquartered in Charlotte, North Carolina, named Michelle Yuko and Joey Shapiro as leaders of its new hospitality practice, a dedicated industry-focused group designed to supp...

Posted: Feb 20, 2026

Live Nation Loses Bid for Full Dismissal of Antitrust Suit

Insurance Journal

Live Nation Entertainment Inc. must face an antitrust trial on some claims brought by the US Justice Department and various states for allegedly monopolizing the live events market, after a federal judge rejected the company’s request to dismis...

Posted: Feb 20, 2026

BioNTech Sues Moderna for Patent Infringement Over COVID Shots

Insurance Journal

German biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna’s COVID-19 vaccine mNEXSPIKE infringes a patent related to BioNTech and Pfizer’s competing shot Comirnaty. The lawsuit sai...

Posted: Feb 20, 2026

Travelers to enhance customer experience with new Agentic AI Claim Assistant

Reinsurance News

The Travelers Companies, Inc. has announced the launch of its AI Claim Assistant, a new solution developed using OpenAI model capabilities and APIs. Described as an industry-leading solution, this fully agentic intelligent voice service uses advan...

Posted: Feb 20, 2026

People Moves: Higginbotham Hires Ritter as Medical Director for Employee Benefits

Insurance Journal

Higginbotham has hired Samuel Isaac Ritter, M.D., as medical director for employee benefits, adding a client-facing physician resource within its self-funded advisory work. As more employers move into self-funded plans, the questions landing on broke...

Posted: Feb 20, 2026

Texas Fire Threat to Worsen as Oklahoma Panhandle Burns

Insurance Journal

A fast-moving wildfire in the Oklahoma panhandle doubled in size as it pressed into Kansas while winds threatened to shift and raise fire risks across West Texas and New Mexico. The Ranger Road Fire had consumed more than 283,000 acres …

Posted: Feb 20, 2026

NAIC Says 2026 Priorities Include Disaster Preparedness, Responsible Tech Use

Insurance Journal

The National Association of Insurance Commissioners (NAIC) released its strategic priorities for 2026, including the oversight of emerging technology like artificial intelligence. “At the NAIC, a deep bench of 56 members representing each U.S....

Posted: Feb 20, 2026

Delaware High Court Rescues Cyber Insurers’ Subrogation Claims

Insurance Journal

The Delaware Supreme Court has re-opened the door for cyber insurers to pursue recovery of claims payments they made to their insureds who took matters into their own hands after their data hosting company allegedly failed to adequately respond to &#...

Posted: Feb 20, 2026

Washingtion Contractor Fined for Exposing Workers to Asbestos

Insurance Journal

A contractor in Washington was fined $200,000 for putting workers at risk during a demolition project at a home in Bellevue, Washington. The Washington State Department of Labor & Industries cited Seattle Environmental Services LLC for knowingly...

Posted: Feb 20, 2026

EEOC Sues Coca-Cola Distributor It Says Excluded Male Employees From Event

Insurance Journal

A regional Coca-Cola seller and distributor violated federal law when it excluded male employees from an employer-sponsored event, the Equal Employment Opportunity Commission (EEOC) has charged in a lawsuit. According to the lawsuit, in September 202...

Posted: Feb 20, 2026

People Moves: MIA Names Thornton, Matthewson, Fountain; Trucordia Appoints Dunning for East

Insurance Journal

Thornton to Lead Maryland Insurance Administration’s Property and Casualty Division Maryland Insurance Commissioner Marie Grant has announced the appointment of Courtney Thornton as associate commissioner of property and casualty, Brent Matthew...

Posted: Feb 20, 2026

People Moves: MIA Names Thornton, Matthewson, Fountain; Trucordia Appoints Dunning

Insurance Journal

Thornton to Lead Maryland Insurance Administration’s Property and Casualty Division Maryland Insurance Commissioner Marie Grant has announced the appointment of Courtney Thornton as associate commissioner of property and casualty, Brent Matthew...

Posted: Feb 20, 2026

Zurich’s Asia Pacific business posts gross premiums of $7.5bn and record BOP in 2025

Reinsurance News

Zurich Insurance Group (Zurich) has reported its full-year 2025 performance in Asia Pacific, posting gross premiums of $7.5 billion and a record overall business operating profit (BOP) of $633 million, up 8% year over year. The global multi-line i...

Posted: Feb 20, 2026

EV Collision Claims Rise Even as Sales Falter: Report

Carrier Management

EV Collision Claims Rise Even as Sales Falter: Report A new repo...

Posted: Feb 19, 2026

Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley

Carrier Management

Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley Z...

Posted: Feb 19, 2026