Reinsurance News
Kestrel, a specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, has reported net income of $46.7m for the full year 2025, driven by strong premium growth and a significant accountin...
Posted: Mar 13, 2026
Mapfre, a global insurance company, has raised the ambitions of its Strategic Plan for 2026, lifting its ROE target to above 13% and setting its combined ratio target between 93% and 94%. Mapfre’s Annual General Meeting approved the accounts for t...
Posted: Mar 13, 2026
Fitch Ratings, the international credit rating agency, said the withdrawal of hull war risk marine insurance coverage in the Persian Gulf is expected to be credit negative for US property and casualty insurers with significant exposure to Gulf shi...
Posted: Mar 13, 2026
According to a survey jointly published by the Casualty Actuarial Society and the Society of Actuaries, 60% of C-suite respondents said technological and economic risks will have the greatest impact on their organisations in the next three years o...
Posted: Mar 13, 2026
Activity levels within the European insurance M&A market remain strong, with 789 transactions announced in 2025 across the insurance brokerage, managing general agent, insurance service provider and carrier sectors, up 14% compared with 694 de...
Posted: Mar 13, 2026
Talbot Underwriting, an international specialty insurance and reinsurance company and part of AIG, has announced the appointment of Don Chu as Head of Catastrophe Management in London. In his new role, Chu will work closely with teams across the b...
Posted: Mar 13, 2026
Initial insured loss estimates suggest that losses from the March 10-12 US severe convective storm (SCS) outbreak will land in the low to mid-single-digit billions of dollars, with total economic losses poised to be 20-25% higher, according to rei...
Posted: Mar 13, 2026
Gallagher India has strengthened its liability practice with three new leadership appointments, including Mayank Sharma as National Head – Liability. The firm has also named Jyoti Krishnan as Chief Legal Officer and National Head – Liability &...
Posted: Mar 13, 2026
As the Middle East enters the third week of the US/Israel conflict with Iran, AM Best has suggested that losses to the global reinsurance market are limited at present and would typically take the form of single large losses. AM Best’s repor...
Posted: Mar 13, 2026
Bruce Ford joined reinsurance broker Price Forbes Re in March 2026 as the firm’s Chief Commercial Officer Asia and Head of MGA, following more than two years with specialist re/insurance broker, Miller Insurance Services. In his new role wit...
Posted: Mar 13, 2026
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) for members of CapSpecialty Insurance Group (CapSpecialty), with the outlook r...
Posted: Mar 13, 2026
Mapfre, an international insurance company, has announced the appointment of Jorge Colomer as Chief Executive Officer of Mapfre Asset Management (Mapfre AM). Mapfre AM is the asset management arm of Mapfre Group and has more than 30 years of exper...
Posted: Mar 13, 2026
Ascot, a global specialty insurance and reinsurance group, has announced the appointment of Shanelle Burke as U.S. Chief Financial Officer. In her new role, Burke will join Ascot’s U.S. leadership team, overseeing finance operations, strategy, cap...
Posted: Mar 13, 2026
Insurers DUAL North America and AXIS Capital Holdings Limited have expanded the capacity of their surety programme partnership after its first year of operations in the market. DUAL North America, the specialist underwriting arm of the global Howd...
Posted: Mar 13, 2026
Global reinsurer Ariel Re has announced the appointment of Sierra Dietz as Underwriter – Property Reinsurance. Dietz brings eight years of industry experience across claims, modelling, and underwriting. She joins Ariel Re after nearly eight years...
Posted: Mar 13, 2026
The global re/insurance industry is expected to continue benefiting from a broadly favourable external operating environment in 2026, supported by solid global economic growth of around 2.8%, broadly in line with 2025, and further moderating infla...
Posted: Mar 12, 2026
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has appointed Ryan Miller as President of Berkley Southeast, effective immediately. Berkley Southeast provides comprehensive commercial insurance solutions...
Posted: Mar 12, 2026
Neptune Flood has launched a digital flood insurance app within ChatGPT, allowing property owners to receive real-time preliminary flood insurance quotes from Neptune directly through the platform. According to Neptune Flood, customers can now ask...
Posted: Mar 12, 2026
Fidelis Insurance Group, a global insurance and reinsurance company headquartered in Bermuda, has announced the appointment of Nicole Kapu-Leyland as Group General Counsel. In her new role, Kapu-Leyland will report directly to Dan Burrows, Group C...
Posted: Mar 12, 2026
Marsh Risk, part of global insurance broker and risk adviser Marsh, and Apollo, a specialty insurer within Skyward Specialty Insurance Group, have announced the launch of a new insurance facility developed for Uber Technologies Inc.. The arrangeme...
Posted: Mar 12, 2026
MSIG Asia, a general insurer operating across Southeast Asia and part of MS&AD Insurance Group Holdings, has announced a number of senior leadership appointments that will take effect on 1 April 2026. Clemens Philippi, currently Chief Executiv...
Posted: Mar 12, 2026
US commercial insurance premiums rose by 2.9% in the fourth quarter of 2025, continuing a steady slowdown from the 3.8% increases seen in the second and third quarters, according to global advisory and brokerage firm WTW’s Commercial Lines Insuran...
Posted: Mar 12, 2026
Zurich-based catastrophe insurance data provider PERILS has disclosed its fourth and final industry loss estimate for Cyclone Alfred, noting the event has cost the insurance industry a total of AUD 1.877 billion. This final figure compares to the...
Posted: Mar 12, 2026
A new Moody’s report has warned that the ongoing conflict involving Iran has heightened tail risk for specialty insurers and reinsurers, namely those underwriting complex exposures such as marine war‑risk, aviation and political violence, by incre...
Posted: Mar 12, 2026
Global reinsurance broker Gallagher Re has announced the appointment of Steven Housse as Facultative Reinsurance Leader for North America, effective 12th March 2026. In his new role, Housse will lead the company’s facultative strategy across North...
Posted: Mar 12, 2026