Reinsurance News

Nearly two-thirds of organisations to increase cybersecurity investments in 2026: Marsh

Nearly two-thirds (66%) of organisations worldwide plan to increase their cybersecurity investments in the coming year amid today’s evolving threat landscape, according to new research by Marsh, an insurance broker, risk advisor, and business of M...

Posted: Dec 09, 2025

November Ivans Index reveals workers’ comp renewal rates decrease, major commercial lines up

Ivans, a division of Applied Systems, has released the November 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year for Commercial Auto, Business Owner’s Policy (BOP), General Liability, Comme...

Posted: Dec 09, 2025

Fidelis backed Navium Marine launches satellite pre-launch consortium at Lloyd’s

Navium Marine, a marine-focused specialty managing general agent (MGA) operating through The Fidelis Partnership’s Pine Walk platform, has launched Constellation Consortium, the largest satellite pre-launch consortium in the Lloyd’s market. The co...

Posted: Dec 09, 2025

Zhuang Qianzhi approved as new Chairman of China Re’s Board

China Reinsurance (Group) Corporation (China Re) has announced that it received approval from the National Financial Regulatory Administration for the qualification of Zhuang Qianzhi as chairman of the Board of Directors on 8 December 2025. This f...

Posted: Dec 09, 2025

Ledger Investing to bring AI and efficiency to reinsurance & ILS market with Korra

Ledger Investing has launched Korra, a separate SaaS platform company that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities (ILS) market. Korra connects insurers, MGAs, reinsurers...

Posted: Dec 09, 2025

MNK’s Florida Re gets A- rating from AM Best

Credit ratings agency AM Best has assigned Florida Insurance and Reinsurance Company (Florida Re), a subsidiary of global independent re/insurance conglomerate, MNK Group Holdings, a Financial Strength Rating of A- (Excellent) and a Long-Term Issu...

Posted: Dec 09, 2025

Two-thirds of modelled US flood losses go uninsured: Moody’s

Two-thirds of modelled U.S. residential flood losses go uninsured, leaving millions of homeowners and the broader economy financially exposed, according to Moody’s RMS modelling. Moody’s highlighted that flooding remains the most underinsured phys...

Posted: Dec 09, 2025

Warty to lead Mosaic finpro lines for Americas expansion

Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, has announced the appointment of Sachin Warty as Global Head of Financial Institutions & Professional Liability (FinPro), December 15. Warty’s hire is part...

Posted: Dec 09, 2025

FCA announces changes to simplify its rules and lower costs for insurers

The Financial Conduct Authority (FCA) has announced changes to simplify its insurance rules and reduce costs for insurers, while maintaining appropriate protection for smaller commercial customers, with further changes planned next year. The FCA e...

Posted: Dec 09, 2025

DUAL Group forms global partnership with CyberCube to strengthen cyber underwriting

DUAL Group, an international specialist underwriting agency, has entered a global partnership with CyberCube, a company known for its analytics and modelling solutions focused on cyber risk. The agreement is aimed at strengthening DUAL’s underwrit...

Posted: Dec 09, 2025

White Mountains completes sale of insurance distribution platform Bamboo

White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a data-enabled insurance distribution platform, to affiliates of funds advised by CVC Capital Partners. The transaction, originally announced in October, a...

Posted: Dec 09, 2025

Groenen appointed as LSM’s head of portfolio solutions, Europe

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Rob Groenen as head of portfolio solutions, Europe, a newly created position. Groenen will be based in the Netherlands and will also retain h...

Posted: Dec 09, 2025

Parametrix raises $27m in funding round and rolls out new cyber insurance product

Parametrix, a provider of digital business interruption solutions, has completed a $27 million Series B funding round led by Mundi Ventures, FirstMark Capital, and HDI Group, joined by F2 Venture Capital and several other strategic investors. The...

Posted: Dec 09, 2025

German insurers propose Elementar Re safeguard system for nat cats

The German Insurance Association (GDV) has unveiled a framework to ensure that protection against natural catastrophes remains widely available, affordable, and sustainable over the long term, centred on a new reinsurance vehicle called Elementar...

Posted: Dec 09, 2025

ICEYE partners with Munich Re unit to expand access to nat cat intelligence

ICEYE, a global leader in synthetic aperture radar (SAR) satellite data and natural catastrophe solutions, has entered into a new strategic global partnership with Risk Management Partners, a Munich Re unit that draws on the group’s reinsurance ex...

Posted: Dec 09, 2025

Experian forecasts advanced cyber threats for 2026

Experian, an information services company specialising in credit reporting and fraud prevention, has released its 2026 Data Breach Industry Forecast, providing an outlook on the rapidly evolving cyber threat landscape. The report anticipates that...

Posted: Dec 09, 2025

Shead takes over as Head of Property for Chubb’s Overseas General Insurance

Property and casualty insurer Chubb Limited has promoted Aaron Shead to Executive Vice President (EVP), Head of Property for Overseas General Insurance (COG), the company’s international general insurance operations, effective immediately. S...

Posted: Dec 09, 2025

Lloyd Scholz joins Westfield as Enterprise Chief Information Officer

Westfield, a U.S.-based property and casualty insurance company, has announced the appointment of Lloyd Scholz as Enterprise Chief Information Officer (CIO). In his new role, Scholz will oversee the development and execution of a business-driven t...

Posted: Dec 09, 2025

Pinnacle Underwriting joins DIFC to expand regional presence

The Dubai International Financial Centre (DIFC), the global financial hub for the Middle East, Africa and South Asia (MEASA), has announced that Pinnacle Underwriting Pty Ltd has joined DIFC to expand its regional presence and strengthen its reins...

Posted: Dec 09, 2025

Berkshire Hathaway overhauls insurance leadership, Nancy Pierce named GEICO CEO

Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has named Nancy L. Pierce as Chief Executive Officer (CEO) of GEICO, effective immediately. She currently serves as Chief Operating Officer of GEICO and, since joining th...

Posted: Dec 08, 2025

Summit Commercial Solutions secures $7.5m Series A investment

Sorathia Holdings and Greenlight Re Innovations have joined as new investors for a Series A round of investment led by a group of strategic insurance and technology investors, including existing investor IA Capital which has invested $7.5 million...

Posted: Dec 08, 2025

Bobby Le Blanc to retire from Ryan Specialty’s Board as Onex fully exits investment

Following Onex Corporation’s sale of its remaining shares of Ryan Specialty Holdings, Inc., an international specialty insurance firm, Bobby Le Blanc will retire from his position on the Board of Directors, effective February 11th, 2026. Le Blanc,...

Posted: Dec 08, 2025

2025 marks fifth year in a row of $100bn+ cat claims, less damaging for reinsurers: J.P. Morgan

2025 will mark the fifth consecutive year in which global catastrophe claims have exceeded $100 billion, but this has been less damaging for reinsurers due to a shift in who is responsible for paying claims, with reinsurers remaining in line with...

Posted: Dec 08, 2025

Norman joins Aon’s Global ReSpecialty division as Senior Broker

Insurance and reinsurance broking firm Aon has announced the appointment of Richard (Dickie) Norman as a Senior Broker within its Reinsurance Solutions Global ReSpecialty Property Team, effective January 1, 2026. Global ReSpecialty is Aon’s specia...

Posted: Dec 08, 2025

Hildene Capital Management to acquire SILAC for $550m

Hildene Capital Management, LLC, a credit-focused alternative asset manager, has signed a definitive agreement to acquire SILAC, Inc., the parent company of SILAC Insurance Company. Founded in 1935, SILAC provides fixed and fixed indexed annuity p...

Posted: Dec 08, 2025