Reinsurance News

Swiss Re’s Oliver Dlugosch joins The Fidelis Partnership as Group Head of Aviation

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has appointed Oliver Dlugosch as Group Head of Aviation, effective December 2025, based in London. In his new role, Dlugosch reports to Richard Coulson, Deputy Gr...

Posted: Nov 19, 2025

Federato raises $100m Series D to accelerate global expansion

Federato, an AI-powered underwriting platform for the insurance industry, has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs Alternatives. The substantial new capital reinforces a significant change in the insurance...

Posted: Nov 19, 2025

Reask names Andy Rice as Chief Growth Officer, US

Reask, a provider of early warning, real-time, and probabilistic risk forecasting solutions for global extreme weather events, has appointed Andy Rice as Chief Growth Officer, US, to bolster its presence across the country. In the new role, he wil...

Posted: Nov 19, 2025

KCC releases US Winter Storm Model Version 3.0

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 3.0 of its US Winter Storm Model. The model captures two types of winter storms: extratropical cyclones (ETCs) and Arctic air outbreaks. Nort...

Posted: Nov 19, 2025

Tokio Marine international business profit hits JPY235.4bn in Q2 FY25

Tokio Marine Holdings has announced its financial results for the second quarter of the 2025 fiscal year, reporting a 6.4% decrease in its international business profits, which reached JPY235.4 billion. This solid performance occurred despite faci...

Posted: Nov 19, 2025

VIG raises outlook for full year results following ‘outstanding’ Q1-Q3 figures

Following its “outstanding” Q1–Q3 results, Vienna Insurance Group’s management has raised the firm’s full-year 2025 pre-tax target from €950 million–€1 billion to €1.10–€1.15 billion. This will come as no surprise to famili...

Posted: Nov 19, 2025

Tech-enabled litigation instigation, a new practice destabilising US insurance markets: Demotech

Systemic, tech-driven lawsuit practices are destabilising insurance markets in the United States, recent research by rating agency and financial analyst Demotech has revealed. Vulnerable property owners hit by natural disasters are facing a &#8220...

Posted: Nov 19, 2025

Rokstone launches Cyber division and hires Debbie Hobbs

Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the launch of a dedicated Cyber division, alongside the appointment of Debbie Hobbs. Global demand for Cyber protection continues to rise amid escalating...

Posted: Nov 19, 2025

MS Reinsurance’s combined ratio strengthens as H1’25 net income rises 21%

Zurich domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, generated a net income of $155 million in the first half of 2025, an increase of $27 million, or 21% on the prior year, as the firm’s combined ratio...

Posted: Nov 19, 2025

Aon appoints Vincent Shih as Head of Treaty for Taiwan, Reinsurance Solutions

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Vincent Shih as Head of Treaty Reinsurance in Taiwan. Shih brings more than 18 years of experience in the reinsurance treaty market and is...

Posted: Nov 19, 2025

Sompo International posts higher H1’25 profit with strong reinsurance performance

Sompo International Holdings Ltd., a specialty provider of property, casualty, and specialty insurance and reinsurance, reported an insurance service profit of $1.038 billion in its first half financial year results, an increase of 75% on the prio...

Posted: Nov 19, 2025

Alex Gregory joins IQUW London Reinsurance team as Senior Underwriter

Specialty insurer and reinsurer IQUW has announced the appointment of Alex Gregory as IQUW Senior Underwriter, Specialty Reinsurance in London. The executive, who has joined IQUW from Munich Re Specialty, brings a deep understanding of the reinsur...

Posted: Nov 19, 2025

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