Reinsurance News

AM Best revises US health insurance segment outlook to negative

US health insurers have come under significant pressure due to increased utilisation and higher medical costs across the industry, prompting AM Best to revise its outlook on the segment to negative from stable. In its recent report, AM Best highli...

Posted: Sep 01, 2025

MSIG Singapore expands marine capabilities

MSIG Singapore, a subsidiary of MS&AD Insurance Group, has partnered with MSIG Specialty Marine and appointed the firm as its underwriting agent to expand its marine capabilities. The move aligns with MSIG’s strategic growth ambitions an...

Posted: Sep 01, 2025

Howden launches reinsurance operations in Iberia, led by Santos and Pombo

Howden Re, the reinsurance, capital markets, and strategic advisory business of global broker Howden Group, has announced two senior hires to establish its Iberian operations—an important advancement in the company’s international growth strategy....

Posted: Sep 01, 2025

Softening reinsurance market could drive M&A opportunities: Fitch

According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish and players with accumulated capital mull takeovers of companies less succes...

Posted: Sep 01, 2025

Premia Re gets A- rating from AM Best

Credit ratings agency AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Premia Reinsurance Ltd., Bermuda. The outlook assigned to these ratings is stabl...

Posted: Sep 01, 2025

Harte and Taylor join Consilium’s Professional & Executive Risk Solutions division

Consilium, the global speciality re/insurance broking business of the Aventum Group, has announced the appointments of two new associates in its Professional and Executive Risk Solutions division. Michael Harte has been appointed Associate Partner...

Posted: Sep 01, 2025

Bain Capital to acquire Jensten Group from Livingbridge

Private investment firm Bain Capital has signed a definitive agreement to acquire Jensten Group, a UK commercial insurance broker, from Livingbridge, with the transaction expected to close in Q4 2024, subject to regulatory approvals. Founded in 19...

Posted: Sep 01, 2025

Willis launches new fully embedded bloodstock solution

Willis, a WTW business, has announced the launch of a new specialty bloodstock insurance solution in partnership with Equine MediRecord, an equine digital health software company. The new product is designed to make the process of acquiring bloods...

Posted: Sep 01, 2025

Japanese insurers to favour Bermudian reinsurers: AM Best

A recent report by credit rating agency AM Best, indicates a growing trend of Japanese insurers ceding business directly to Bermudian reinsurers or through existing Bermudian-based affiliates, depending on which option is more cost-effective. Acco...

Posted: Sep 01, 2025

Just Group completes £1m buy-in with the Philippine National Bank

Retirement specialist Just Group has completed a £1 million full scheme buy-in with the Philippine National Bank Retirement Benefits Scheme, a transaction that was completed in June 2025 and insures the benefits of all members of the scheme. The S...

Posted: Sep 01, 2025

Howden Re appoints Jonathan Yang as Director, Asia Pacific Fac Reinsurance

Howden Re, the global reinsurance broking arm of Howden Group, has announced the appointment of Tsung Ta Yang (Jonathan Yang) as Director, Asia Pacific Facultative Reinsurance within its Singapore team. In this role, Yang will report to Cynthia Cu...

Posted: Sep 01, 2025

Policybazaar for Business launches reinsurance operations in select international markets

Policybazaar for Business, the B2B division of PB Fintech, has begun offering reinsurance services in Sri Lanka, Qatar, Oman, and the UAE. This marks one of the first instances of an India-based intermediary bringing a technology-focused reinsuran...

Posted: Sep 01, 2025

M&G Investments names Charles Moussier as European Head of Insurance Solutions

M&G Investments, a UK-based asset manager offering a broad range of investment solutions to institutional and retail clients, has appointed Charles Moussier as European Head of Insurance Solutions. Based in Paris, Charles will report to Russel...

Posted: Sep 01, 2025

Relative benchmarking and predictive AI can reveal true outperformers in the Lloyd’s market, says IC...

Insurance Capital Markets Research (ICMR), an independent analytics and research firm founded by former leaders of Lloyd’s internal research and performance team, has released new findings showing how relative benchmarking, enhanced by predictive...

Posted: Sep 01, 2025

Relative benchmarking and predictive AI can reveal true outperformers in Lloyd’s market, says ICMR

Insurance Capital Markets Research (ICMR), an independent analytics and research firm founded by former leaders of Lloyd’s internal research and performance team, has released new findings showing how relative benchmarking, enhanced by predictive...

Posted: Sep 01, 2025

Northern Re launches structured reinsurance solutions portfolio

Northern Re, a reinsurance firm focused on long-tail casualty business, has announced the launch of its structured solutions product suite and enhanced whole account quota share capabilities. The products have been created to address complex ceden...

Posted: Sep 01, 2025

Starr appoints Hassan El Kaissi as SEO & Regional President, Middle East

Starr Insurance, a provider of commercial property and casualty insurance, has announced the appointment of Hassan El Kaissi as Senior Executive Officer (SEO) & Regional President, Middle East. Based in Dubai, El Kaissi will oversee all lines...

Posted: Sep 01, 2025

Mun named Director, Client Management at Aon Reinsurance Malaysia

Lin Mun, an executive with over 21 years of extensive experience in the insurance and reinsurance industry, has been appointed as Director, Client Management of Aon Reinsurance Malaysia. With a deep understanding of the market and client needs, Mu...

Posted: Aug 29, 2025

Healthy underwriting results & robust investment income support Asian reinsurers’ earnings: AM Best

Asian reinsurers are actively expanding to mature overseas markets to diversify their portfolios and improve cycle management, a move seen by credit rating agency AM Best as credit positive. According to a recent AM Best report, many reinsurers in...

Posted: Aug 29, 2025

ACORD launches NGDS Object Model to streamline digital data exchange

ACORD, the global standards-setting body for the insurance industry, has announced the launch of the Next-Generation Digital Standards (NGDS) Object Model, designed to streamline digital data exchange across the insurance industry. The NGDS Object...

Posted: Aug 29, 2025

Ryan Specialty Underwriting Managers names Ferguson CEO of US Assure

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the appointment of Alan Ferguson as Chief Executive Officer of US Assure, effective September 1, 2025. Ferguson, who will continue t...

Posted: Aug 29, 2025

kWh Analytics adds new $20m capacity layer to nat cat solution for renewable energy industry

kWh Analytics, a climate insurer and risk manager for renewable energy projects, through its licensed insurance entity, Solar Energy Insurance Services, Inc., has expanded its portfolio with a new Excess Natural Catastrophe coverage to protect the...

Posted: Aug 29, 2025

NA P&C re/insurers post strong operating results despite catastrophes: Fitch

Fitch Ratings’ review of GAAP financial results for 41 North American (NA) re/insurers showed strong operating returns, strong underwriting results, and higher investment income in the first half of 2025, despite elevated catastrophe activity. Fit...

Posted: Aug 29, 2025

China Re’s net profit rises 11.4% to RMB 6.6bn in H1’25

China Reinsurance (Group) Corporation (China Re) released its unaudited results for the first half of 2025, reporting a net profit of RMB 6,599 million, up 11.4% from RMB 5,922 million in the same period a year earlier. The Group achieved gross wr...

Posted: Aug 29, 2025

AXA and WTW launch parametric programme to protect Caribbean’s second-largest coral reef

AXA COLPATRIA, AXA Climate, Fondo Acción, and WTW Alternative Risk Transfer, have jointly designed a parametric insurance programme to protect coral reefs in the Colombian Archipelago of San Andrés, Providencia and Santa Catalina. In this effort,...

Posted: Aug 29, 2025