Reinsurance News

We can show unequivocally that Florida’s insurance market has stabilised: Mike Yaworsky

Speaking recently at the 2025 Florida Chamber Insurance Summit, the state’s Insurance Commissioner, Mike Yaworsky, emphasised the importance of tort reforms and the positive impact on Florida’s insurance market, but warned against turn...

Posted: Dec 05, 2025

Majesco to quadruple AI investment to expand, accelerate P&C roadmap

Majesco, a technology provider known for its cloud-native and AI-native solutions for Property & Casualty and Life & Annuity/Health insurers, has reinforced its dedication to the P&C sector with plans for expanded investment and an acc...

Posted: Dec 05, 2025

ASIC & ASIL get revised positive outlooks from AM Best

Credit ratings agency AM Best has revised the outlooks of Ategrity Specialty Insurance Company (ASIC) and its affiliate, Ategrity Specialty Insurance Limited (ASIL), to positive from stable, reflecting its “very strong” balance sheet supported by...

Posted: Dec 05, 2025

Mitsui Sumitomo Insurance acquires at least 12.5% of W. R. Berkley shares

Mitsui Sumitomo Insurance Co., Ltd. (MSI), a Japanese property and casualty (P&C) insurance carrier, has acquired beneficial ownership of at least 12.5% of W. R. Berkley Corporation’s common stock. This move follows MSI’s agreements with...

Posted: Dec 05, 2025

Global growth outlook strengthens as MAPFRE Economics lifts 2025 forecast

The latest assessment from international insurance group MAPFRE Economics points to a more favourable environment for insurers worldwide. MAPRE notes that steadier economic conditions, improved financing in major markets and a gentler inflation ba...

Posted: Dec 05, 2025

Relm to support rapidly expanding space economy with new suite of insurance products

Relm Insurance, a specialty insurer for emerging and innovative industries, has announced the launch of a new suite of insurance products designed for the rapidly expanding space economy. These comprehensive products provide brokers and their clie...

Posted: Dec 05, 2025

It’s about long-term stability & resilience, not squeezing the lemon: Swiss Re CEO

After Swiss Re announced a net income target of $4.5 billion for 2026, which left some analysts underwhelmed, the reinsurer’s Group Chief Executive Officer (CEO), Andreas Berger, underlined the importance of growing at the right time and avo...

Posted: Dec 05, 2025

AmTrust, BXCI close strategic transaction and launch MGA ANV

AmTrust Financial Services, Inc., a global specialty property casualty insurer, and Blackstone Credit & Insurance (BXCI) have announced the closing of a strategic transaction and the launch of a newly formed independent, multinational MGA comp...

Posted: Dec 05, 2025

EMEA insurance market to enter 2026 on steady footing: Fitch

Credit rating agency Fitch Ratings states that the broader EMEA insurance landscape enters 2026 on a steady footing, supported by reliable operating performance, firm capitalisation and continued momentum in new business generation. According to F...

Posted: Dec 05, 2025

AI to become insurers’ new operating system: SAS

SAS’ industry experts anticipate that the coming year will mark a significant shift, with AI moving into a central role in how insurers function and no longer serving as a secondary aid. SAS, an analytics and AI company known for its advanced data...

Posted: Dec 05, 2025

Reinsurance rates seen down 10-15% ahead of Jan 1: Florida Chamber panel

Chris Dittman, Head of Florida Strategy at Aon’s Reinsurance Solutions, said recently that as expected, reinsurance supply continues to outpace demand ahead of the key January 1st, 2026, renewals, with the broker seeing rate decreases of between 1...

Posted: Dec 05, 2025

Jensten Group completes investment deal with Bain Capital

Jensten Group, a provider of insurance services in the UK, has announced the completion of its strategic investment deal with Bain Capital, a private investment firm. In September, Bain Capital signed a definitive agreement to acquire Jensten Grou...

Posted: Dec 05, 2025

ELITE Solar secures long-term insurance coverage from Ariel Green

Ariel Green, a division of Ariel Re, has provided long-term insurance coverage for global solar PV manufacturer, ELITE Solar. The partnership provides Technology Performance Insurance (TPI) for ELITE Solar’s module performance warranties for a ter...

Posted: Dec 05, 2025

Allianz Re promotes Kohls to Regional CEO & Head of P&C Client Management, ARAP

Allianz Reinsurance, part of global insurer Allianz, has appointed Anna Kohls as its new Regional Chief Executive Officer (CEO) and Head of P&C Client Management of Allianz Reinsurance Branch Asia Pacific (ARAP), effective January 1st, 2026. T...

Posted: Dec 05, 2025

Swiss Re puts Palantir-powered AI at heart of new strategy

Swiss Re utilised its year-end management dialogue to signal that artificial intelligence now sits at the centre of its new “Built to Lead” strategy, with the group aiming to convert its extensive data holdings into actionable insights through a m...

Posted: Dec 05, 2025

Pritchard to succeed Creed as RiverStone International UK CEO

RiverStone International, a global provider of legacy solutions, has announced the appointment of Charlotte Pritchard as UK CEO, effective 5 January, subject to regulatory approval. She will be succeeding Andrew Creed who will become group preside...

Posted: Dec 05, 2025

SageSure appoints John Sence as Chief Sales Officer

SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, has announced the appointment of John Sence as Chief Sales Officer. In his new role, Sence will oversee sales strategy, distribution expansion, and h...

Posted: Dec 05, 2025

WTW introduces Radar Fusion to modernise commercial underwriting

WTW, an advisory, broking, and solutions company, has launched Radar Fusion, a cloud-based platform developed by WTW to make commercial underwriting faster, more data-driven, and strategically aligned. The solution provides analytics, real-time in...

Posted: Dec 05, 2025

Swiss Re targets group net income of $4.5bn in 2026

Zurich-domiciled global reinsurance company, Swiss Re, has set its targets for 2026, including a group net income of $4.5 billion and a Property & Casualty Reinsurance combined ratio of less than 85%. The reinsurer has maintained or increased...

Posted: Dec 05, 2025

AmTrust International names Tony Scott as Head of Claims for AmTrust Specialty

AmTrust International, a specialty insurer and subsidiary of AmTrust Financial Services, Inc., has named Tony Scott as Head of AmTrust Specialty Limited Claims, subject to regulatory approval, as well as Head of Claims for its Specialty business u...

Posted: Dec 05, 2025

Previsico releases Flood Intelligence 2.0 to improve forecasting

Previsico, an insurtech company that provides advanced flood prediction and risk management solutions, has released Flood Intelligence 2.0, an updated version of its flood forecasting platform. The platform is designed to give insurers, infrastruc...

Posted: Dec 05, 2025

Consilium Risk Solutions introduces Contractors’ All Risks facility

Consilium, a specialist re/insurance brokerage, has announced that its Risk Solutions division is launching a dedicated UK Contractors’ All Risks (CAR) facility. Part of its expanding suite of casualty risk offerings, the CAR facility provides com...

Posted: Dec 05, 2025

RGA’s Chief Investment Officer Leslie Barbi to retire in 2026

Leslie Barbi, Executive Vice President (EVP) and Chief Investment Officer (CIO) of Reinsurance Group of America (RGA), a provider of life and health reinsurance, has announced her intention to depart from the firm and retire, effective April 15th,...

Posted: Dec 05, 2025

North America life insurance sector outlook remains neutral for 2026: Fitch

Fitch Ratings maintains a ‘neutral’ sector outlook for North American life insurers in 2026 despite a more challenging backdrop, citing that strong balance sheets will help mitigate a potential slowdown in economic growth, heightened macroeconomic...

Posted: Dec 04, 2025

FEMA saw 50% rise in number of participating reinsurers for 2025 NFIP renewal

The U.S. Federal Emergency Management Agency (FEMA) has now reported the participants on the National Flood Insurance Program’s (NFIP) reinsurance placement for 2025, with a 50% increase in the number of participants when compared with the p...

Posted: Dec 04, 2025