Reinsurance News
Sompo Hong Kong, part of Sompo International Holdings Ltd., has appointed Szeto Ophelia as Head of Property & Construction and Jessica Lai as Head of Mid-Corp & SME, enhancing its underwriting structure, effective January 1st, 2026. The ap...
Posted: Dec 10, 2025
Munich Re, one of the world’s leading reinsurance companies, expects its return on equity (ROE) to land above 18% and earnings per share to grow annually by over 8% on average by the end of 2030, with the Group pursuing and IFRS net profit o...
Posted: Dec 10, 2025
Swiss Re and Reinsurance Intelligence Quotient (RIQ) have signed a Memorandum of Understanding (MoU) to develop and scale innovative capacity solutions, risk origination opportunities and AI-enabled capabilities across the UAE. RIQ, headquartered...
Posted: Dec 10, 2025
Acrisure has agreed to acquire Vave, a tech-first underwriting Managing General Agent, from international specialty and P&C re/insurer Canopius Group. Vave, which uses data-driven, precision underwriting to deliver instantly bindable quotes on...
Posted: Dec 10, 2025
Verisk, a global data analytics and technology provider to the global insurance industry, has expanded its strategic collaboration with KYND, a provider of cyber risk management services, to bring enhanced cyber risk intelligence to the insurance...
Posted: Dec 10, 2025
Insurance intermediary group Howden has announced Clive Strickland has joined the company to establish and lead its new dedicated Space insurance practice. An industry veteran with over 25 years of experience in the sector, Strickland has a proven...
Posted: Dec 10, 2025
As the digital threat landscape becomes more volatile and unsettling, cyber insurance is predicted to become a mandatory requirement for doing business, driven by pressure from large corporate clients, according to market predictions by Tom Pelham...
Posted: Dec 10, 2025
The Abu Dhabi Investment Office (ADIO) and Prudential Financial Inc (PFI) have signed a strategic collaboration to expand Abu Dhabi’s reinsurance capacity, as well as long-term investment, retirement savings, and income. PFI has joined Abu Dhabi’s...
Posted: Dec 10, 2025
The International Finance Corporation (IFC), a member of the World Bank Group, will acquire a stake of around 20% in each of Vienna Insurance Group’s (VIG) two Ukrainian non-life insurers, USG and Kniazha, through a capital increase, subject to re...
Posted: Dec 10, 2025
Willis Re, a specialised reinsurance broker, has welcomed three new hires, Freddie Vaughan, Graham Devlin, and Nicola McIntosh, who are joining the company from Guy Carpenter, the reinsurance arm of Marsh McLennan. Vaughan brings over 14 years of...
Posted: Dec 10, 2025
Willis Re, a specialised reinsurance broker, has welcomed numerous marine and energy specialists from Guy Carpenter, the reinsurance arm of Marsh McLennan. Freddie Vaughan brings over 14 years of experience in the Specialty Reinsurance market. He...
Posted: Dec 10, 2025
According to new analysis by S&P Global Ratings, cyber re/insurers face pricing pressure and increased competition in mature markets, especially the US, although growth opportunities exist in under-penetrated regions and from small and mid-siz...
Posted: Dec 10, 2025
Global insurance and reinsurance broking group WTW has agreed to acquire San Francisco-based Newfront, a top 40 US broker combining deep specialty expertise and cutting-edge technology, for upfront and contingent consideration payments amounting t...
Posted: Dec 10, 2025
Canada Life UK has completed a £330 million full-scheme buy-in transaction with the Comet Pension Scheme, securing the future benefits of 4,500 pension scheme members. According to Canada Life UK, the Comet Pension Scheme’s sponsoring employer is...
Posted: Dec 10, 2025
Ortec Finance, recognised for its technology and risk-management expertise within the financial sector, has issued new findings that underscore how rapidly climate pressures are reshaping the insurance industry’s financial outlook. The company’s r...
Posted: Dec 10, 2025
Generali Switzerland, part of the global Generali Group and a provider of insurance and financial services in Switzerland, has reorganised its Insurance division by separating Life and Non-Life operations as of 1 July 2025. Ralph Schmid will conti...
Posted: Dec 10, 2025
Aegon used its Capital Markets Day 2025 to lay out plans to become a leading US life insurance and retirement group and to shift its head office and legal seat to the United States, a transition it aims to complete by January 1, 2028. Following th...
Posted: Dec 10, 2025
J.P. Morgan, a financial institution with analytical coverage of the insurance sector, characterises the approaching phase of the European P&C landscape as one led by softening property catastrophe reinsurance rates and a broader loss of prici...
Posted: Dec 10, 2025
Lloyds Banking Group Pensions Trustees Limited has entered three new longevity insurance and reinsurance transactions, safeguarding a further £4.8 billion of pension liabilities against the risk of unexpected increases in member life expectancy. T...
Posted: Dec 10, 2025
Global broking business, Brokerslink, has expanded its African footprint by adding Proxy Brokers, marking its first presence in Mauritius. This new affiliate aims to strengthen Brokerslink’s presence in the region, with Mauritius becoming the 42nd...
Posted: Dec 10, 2025
Global MGA incubator Mission has announced that it has reached an agreement to support a new team in launching Kovrilo, a UK managing general agent (MGA) expected to go live in early 2026. A flexible, tech-driven underwriting platform, Kovrilo wil...
Posted: Dec 10, 2025
Zurich North America, the commercial property and casualty insurer, has announced the appointment of Jim Villa as Global Head of Accident & Health (A&H), Specialities. Villa brings nearly 35 years of industry experience, joining Zurich fro...
Posted: Dec 10, 2025
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
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
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