Reinsurance News

Re/insurance industry enters tighter economic regime from position of strength: Swiss Re

High interest rates, ageing demographics and the return of industrial policy are reshaping the global economy, yet the Swiss Re Institute’s latest sigma report has suggested that the insurance sector enters this tighter regime from a position of s...

Posted: Nov 19, 2025

Lloyd’s approves OAK Global’s Syndicate 1440 for underwriting

OAK Global, an independent reinsurance group that provides risk solutions and underwriting capacity to clients worldwide, announced that Lloyd’s has granted approval for underwriting to begin through Syndicate 1440. The syndicate will operate with...

Posted: Nov 19, 2025

MS Amlin’s H1’25 profit falls to £47m amid a more challenging loss environment

Global re/insurer MS Amlin Underwriting Limited, part of insurance group MS&AD, saw its combined ratio deteriorate by 10 percentage points to 94.5% for the first half financial reporting period to June 30th, 2025, as the impact of the Californ...

Posted: Nov 19, 2025

Tower launches parametric Rainfall Response Cover in Fiji

Auckland, New Zealand–headquartered Tower Insurance has officially launched Rainfall Response Cover in Fiji, its second parametric insurance product, via CelsiusPro’s award-winning White Label Platform. The parametric product is being piloted for...

Posted: Nov 19, 2025

James Addington-Smith joins Marsh UK as CEO

Marsh, an insurance broker and risk advisor within the Marsh McLennan business, has appointed James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will assume the role in early 2026. He will be based in London...

Posted: Nov 19, 2025

Quick return to P&C price increases not likely any time soon: KBW

Keefe, Bruyette & Woods (KBW) analysts caution that a return to the 2020-2024 pricing increases is not expected for several years for the property and casualty (P&C) market. The new KBW Industry Update, “More Room for Pricing Deterioration...

Posted: Nov 19, 2025

HRP Syndicate 2689 at Lloyd’s announces key leadership appointments

HRP Syndicate 2689 at Lloyd’s, a specialist insurance syndicate known for providing underwriting solutions across diverse sectors, has named Giancarlo D’Alessandro as its new Active Underwriter. Additionally, Leah Rose has been appointed as syndic...

Posted: Nov 19, 2025

AM Best revises digital insurer ZhongAn’s outlooks to positive

Credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (...

Posted: Nov 19, 2025

Aon names Jason Disborough as Chief Commercial Officer, Pacific

Insurance and reinsurance broking firm Aon has appointed Jason Disborough as Chief Commercial Officer, Pacific, effective January 1st, 2026, based in Brisbane. In his new role, Disborough will lead Aon’s regional commercial strategy and execution,...

Posted: Nov 19, 2025

Amynta expands FNP’s book of nonprofit clients with NPS acquisition

Insurance service provider, Amynta Group, has announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Nonprofit Services Insurance Agency, Inc. (NPS). Based in Longview, Washington, NPS has been providing alternative met...

Posted: Nov 19, 2025

Colleen Kanniah appointed CEO of Afro Asian Re

Colleen Kanniah has been appointed CEO of Afro Asian Re RSA (Pty) Ltd., a subsidiary of the Afro Asian Group, based in Johannesburg, Republic of South Africa. Afro Asian Re RSA (Pty) Ltd. is the sixth addition to the Afro Asian Group’s growi...

Posted: Nov 19, 2025

AM Best adjusts US excess and surplus lines segment outlook to stable

Credit rating agency AM Best has updated its outlook for the US excess and surplus (E&S) lines insurance market from positive to stable, reflecting slower premium growth and the beginning of rate softening. The agency reported that rate increa...

Posted: Nov 18, 2025

Lockton Re welcomes Scaife to its International Casualty Fac Practice

Lockton Re, the reinsurance business of independent insurance broker Lockton, has announced that Claire Scaife has joined its International Casualty Facultative Practice in London As Casualty Facultative Broker Scaife will be working alongside Rac...

Posted: Nov 18, 2025

Morgan Stanley expects P&C pricing to face continued pressure at Jan renewals

Morgan Stanley analysts expect Property & Casualty pricing to continue facing pressure heading into January 1, 2026 renewals, following a similar trend to 2025. Reinsurance pricing continued to soften, reflected in weaker top-line growth acros...

Posted: Nov 18, 2025

Africa Re reports net profit of $142.65m in Q3’25 despite increased claims activity

African Reinsurance Corporation has disclosed a net profit after tax for Q3 2025 of $142.65 million, marking an increase of 8.54% year-on-year. According to the firm, this “historical record” was driven by a significant reduction in foreign exchan...

Posted: Nov 18, 2025

Prudential backed Prismic Life raises $1.3bn to expand its reinsurance platform

Prismic Life Holding Company, LP (Prismic) has raised $1.3 billion in its third successful capital raise, sponsored by Prudential Financial, Inc. (PFI) and Warburg Pincus, and supported by participation of a global consortium of investors, providi...

Posted: Nov 18, 2025

SageSure to underwrite policies issued by Trium Syndicate 1322 after receipt of Lloyd’s Coverholder...

Large, US catastrophe-exposed focused managing general underwriter (MGU), SageSure, is now an official Coverholder and Delegated Claims Administrator (DCA) at Lloyd’s after approval from the marketplace, enabling the firm to underwrite policies is...

Posted: Nov 18, 2025

Liberty General Insurance introduces Surety Solutions in India

Liberty General Insurance Ltd., part of the Liberty Mutual group, a long-standing insurance organisation, has introduced Surety Insurance in India. The move follows the IRDAI framework that allows Surety products to function alongside bank guarant...

Posted: Nov 18, 2025

TMK appoints Cesar Silvestre as Head of Cyber Reinsurance Solutions

Tokio Marine Kiln (TMK), a global specialty insurer, has announced the appointment of Cesar Silvestre as Head of Cyber Reinsurance Solutions. The appointment follows TMK’s September launch of its enhanced flagship cyber offering, TMK Cyber Ctrl, w...

Posted: Nov 18, 2025

Aon unveils framework to accelerate re/insurer investment in sustainable energy

With global premiums forecast to exceed $9 billion by 2030, Aon has launched the Low-Carbon Transition Framework for Insurers, a seven-step process aimed at driving re/insurer engagement with the sustainable energy sector, which, through their cap...

Posted: Nov 18, 2025

Jenner to lead Howden’s new Global Financial Sponsors division

Emily Jenner has joined Howden as Managing Director (MD) of its new Global Financial Sponsors (GFS) division, a specialist practice for large private equity and alternative investment clients. As MD, Jenner will run a dedicated team focused on sup...

Posted: Nov 18, 2025

LMA appoints six new members to its Next Gen Legal Committee

The Lloyd’s Market Association (LMA) has announced the appointment of six new members to its Next Gen Legal Committee. The committee brings together legal leaders to foster collaboration across the market. Members will contribute to essential proj...

Posted: Nov 18, 2025

Insurers flag SCS as top threat in new Demex survey

According to a survey commissioned by reinsurance MGA Demex, insurance company executives consider severe convective storms (SCS) to be the top peril in terms of balance-sheet impact, underscoring aggregate loss coverage for working-layer property...

Posted: Nov 18, 2025

Doha Insurance expands regional footprint with new Saudi Arabia branch

The Doha Insurance Group (DIG), a provider of insurance and reinsurance solutions in the Middle East and North Africa region, has obtained approval from the Qatar Central Bank to establish a new branch in the Kingdom of Saudi Arabia. The new branc...

Posted: Nov 18, 2025

Hannover Re names Yan Sun as Head of Life & Health, Greater China

As part of its ongoing growth strategy in Asia, Hannover Re has appointed Yan Sun as Head of Life & Health, Greater China. Based in Hong Kong, Sun will oversee the firm’s Life & Health operations across Greater China, a pivotal market in H...

Posted: Nov 18, 2025