Reinsurance News

Inigo secures $255m of retro reinsurance with fifth cat bond

Specialist insurer and reinsurer Inigo Limited has returned to the catastrophe bond market for the fifth consecutive year, issuing its largest series of cat bonds totalling $255 million via Montoya Re Ltd., featuring multiple tranches and introduc...

Posted: Dec 23, 2025

Affiliated investments surge among US Life/Annuity insurers: AM Best

AM Best, a credit rating agency specialising in the insurance industry, has released new findings on the rapid expansion of affiliated investments across US life/annuity (L/A) companies. Affiliated investment growth among US L/A insurers has accel...

Posted: Dec 23, 2025

SiriusPoint acquires Assist America to expand IMG services

Global specialty insurer and reinsurer SiriusPoint’s wholly owned subsidiary, International Medical Group (IMG), a leader in global insurance benefits and assistance services, is set to acquire Assist America. According to SiriusPoint, the acquisi...

Posted: Dec 23, 2025

Bermuda P&C re/insurance sector net income increases 22.5% in 2024: BMA

In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...

Posted: Dec 23, 2025

CRC Group expands Specialty team with four hires

CRC Group, a wholesale specialty insurance distributor in North America, has expanded its Specialty division with the addition of four new professionals. Matthew Duff has joined CRC Specialty in Little Rock as an Underwriting Team Leader. He bring...

Posted: Dec 23, 2025

Collaboration key as geopolitical risk weighs on insurers: IUA

With geopolitical uncertainty and testing market conditions creating a challenging environment for insurers in 2025, International Underwriting Association (IUA) chief executive Chris Jones said it is vital for members to come together to share ex...

Posted: Dec 23, 2025

Amiga Specialty secures Lloyd’s capacity for Management Liability

Amiga Specialty, an independent international Managing General Agent (MGA), has secured new Lloyd’s capacity to support its Management Liability proposition for SME and mid-market businesses across the UK, Europe, and select rest-of-world markets....

Posted: Dec 23, 2025

Skanska Pension Fund secures £525m full buy-in and novates longevity swap

Standard Life has completed a £525 million full buy-in for the Trustee of the Skanska Pension Fund (the Fund), in partnership with its corporate sponsor Skanska UK plc and parent company Skanska AB, covering all c.5,500 members. The transaction in...

Posted: Dec 23, 2025

Newly launched MGA Prism strengthens APAC growth push with two senior hires

Prism, the recently launched managing general agent (MGA) backed by Convex and Efinity Insurance Solutions, has appointed Luca Ronsisvalle as Head of Marine Cargo, and Jan von Kamp as Head of Energy, Power and Renewables. Both will report directly...

Posted: Dec 23, 2025

CEO of Previsico says 2026 will be a pivotal year for flood insurance

In a recent Reinsurance News interview, Jonathan Jackson, CEO of Previsico, the flood forecasting company, discussed the challenges and opportunities facing the flood insurance sector in 2026. Flood‑related insurance losses have continued to escal...

Posted: Dec 23, 2025

InEvo Re marks significant step with third reinsurance transaction

Bermuda-based InEvo Re, a specialist life reinsurer backed by Macquarie Asset Management, has announced the successful completion of its third reinsurance transaction since its launch earlier this year. The latest deal, finalised with a UK-based l...

Posted: Dec 23, 2025

Maloney joins Emerald Bay Risk Solutions as Head of Ceded Re

Robert Maloney has joined Emerald Bay Risk Solutions, a specialty insurance firm, as Senior Vice President, Head of Ceded Re. Created as a “Collaborative Underwriting Carrier,” Emerald Bay Risk Solutions was launched in 2024 by co-foun...

Posted: Dec 23, 2025

Skyward Specialty to advance AI-powered underwriting with Sixfold partnership

Skyward Specialty, a property and casualty insurer, has partnered with AI underwriting company Sixfold to accelerate the company’s progress toward fully AI-powered underwriting across its US-based P&C lines. This collaboration reinforces Skywa...

Posted: Dec 23, 2025

Kelly Lim and Alex Lim join QBE Singapore’s Marine business

QBE, an international insurer and reinsurer, has announced two leadership appointments within its Singapore Marine business. Kelly Lim has been appointed Country Lead for Cargo & TOL, while Alex Lim has been named Country Lead for Hull & L...

Posted: Dec 23, 2025

AM Best revises outlook on Mexico’s insurance segment to negative

Credit rating agency AM Best has revised its outlook on Mexico’s insurance segment to negative from stable, attributing the change to the elimination of a fiscal credit on value added tax paid to third parties, including hospitals, as well as on o...

Posted: Dec 22, 2025

Chubb names new Commercial and Specialty Head for Overseas General

John DePeters has been appointed Executive Vice President, Head of Commercial Insurance and Specialty, for Chubb Overseas General Insurance (COG), Chubb’s international general insurance operations, effective January 1, 2026. Based in London...

Posted: Dec 22, 2025

PIC completes £230m buy-in with Peel Ports Final Salary Pension Scheme

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has concluded a £230 million buy-in with the Trustee of the Peel Ports Final Salary Pension Scheme. As one of the UK’s largest port operators, Peel P...

Posted: Dec 22, 2025

Gallagher bolsters Private Equity and M&A team with Hughes appointment

Specialist corporate M&A tax advisor Tom Hughes has been appointed as Director of Tax Insurance within Gallagher’s rapidly expanding Private Equity and M&A (PEMA) practice across EMEA, effective January 5th, 2026. Based in the UK, Hu...

Posted: Dec 22, 2025

KBW expects property cat reinsurance rates to decline 15-20% at 1/1

Analysts at KBW expect risk-adjusted property catastrophe reinsurance rates to decline by 15–20% during the January 2026 reinsurance renewals, with the relatively “late” season pointing to overall decreases approaching 20%. KBW stated that unchang...

Posted: Dec 22, 2025

Al Wathba Insurance secures access to Lloyd’s of London

Al Wathba Insurance has become the first UAE-based insurer to secure access to the Lloyd’s of London market via the London Bridge 2 PCC structure. This strategic move, finalised through Cell 27 of the London Bridge 2 PCC, an insurance-linked secur...

Posted: Dec 22, 2025

Long-term perspective to guide Everest through future cycles: Beggs

Everest’s Jill Beggs has said that in 2026 her firm will continue to seize emerging opportunities while delivering strategically and economically sustainable outcomes, with its long-term, disciplined perspective having guided the company thr...

Posted: Dec 22, 2025

MAPFRE restructures asset management company

Spanish insurance company MAPFRE has announced it is restructuring MAPFRE AM, its asset management company, by creating new departments and redefining responsibilities. As part of this move, MAPFRE has created a strategic project development and i...

Posted: Dec 22, 2025

PointBridge and Aspen launch admitted physicians professional liability program

PointBridge, a managing general underwriter (MGU) specialising in professional liability insurance, has partnered with re/insurer Aspen to launch a new admitted physicians medical malpractice program. The new professional liability program for phy...

Posted: Dec 22, 2025

BMS appoints Charlie Emkes as Director of Commercial D&O

BMS, an independent insurance and reinsurance broker, has announced the appointment of Charlie Emkes to the newly created role of Director of Commercial Directors and Officers (D&O) Solutions, effective January 2026. In his new role, Emkes wil...

Posted: Dec 22, 2025

AM Best places Vantage ratings under review following HHH acquisition

AM Best has placed Vantage Risk Ltd. (Bermuda) and its affiliates’ credit ratings under review with developing implications, following the announcement that Howard Hughes Holdings (HHH) will acquire Vantage Group from Carlyle and Hellman & Fri...

Posted: Dec 22, 2025