Reinsurance News

AXA XL and USMIG to distribute coverage for shipping supply chain and transport

AXA XL, the P&C and specialty risk division of AXA, has partnered with U.S. Marine Insurance Group (USMIG) to offer Shipper’s Interest insurance, addressing market shifts in the logistics landscape. The pair’s collaboration kicked off in...

Posted: Feb 13, 2026

Sompo Intl. sees 9M’25 revenue surge as reinsurance CoR falls to 66.2%

Bermuda-based Sompo International, the international operating arm of the Tokyo-based Sompo Holdings, has disclosed total insurance revenue for the first nine months of the 2025 fiscal year of $12.05 billion, up $835 million from the same period o...

Posted: Feb 13, 2026

Michael Lewis succeeds Sarah Robson as President, Marsh Risk Canada

Michael Lewis has been promoted to President of Marsh Risk Canada, succeeding Sarah Robson, who will continue to serve as Marsh Canada CEO. Starting April 1st, Lewis will be responsible for the strategic development and execution of Marsh Risk&#82...

Posted: Feb 13, 2026

Brazil’s IRB(Re) posts considerably higher underwriting profit for 2025

Brazilian reinsurance company IRB(Re) produced a stronger underwriting result for both the fourth quarter and full year 2025 with an improved combined ratio, although the top-line reduced for both periods, driven mostly by the impact of cancelled...

Posted: Feb 13, 2026

MAPFRE Re establishes India branch office

Spanish insurance company MAPFRE’s reinsurance branch, MAPFRE Re, has received approval from the International Financial Services Centres Authority (IFSCA) of India to open its newest branch office in Gujarat International Finance Tec-City (...

Posted: Feb 13, 2026

Lloyd’s promotes Emma Loynes to CEO of APMEA

Emma Loynes has been promoted to the role of Chief Executive Officer (CEO) of Asia-Pacific, Middle East and Africa (APMEA) at the specialist Lloyd’s insurance and reinsurance marketplace, succeeding Chris Mackinnon. Loynes joined Lloyd&#8217...

Posted: Feb 13, 2026

MS Re lifts 9M’25 income to $341m on benign loss experience and premium growth

MS Re, the Switzerland-domiciled reinsurance entity of MS&AD Holdings, has reported net income of $341 million for the first nine months of 2025 on an IFRS 17 basis, representing an increase of $119 million from $222 million in the same period...

Posted: Feb 13, 2026

Liberty Mutual details leadership transition at Global Risk Solutions

Liberty Mutual Insurance, a property and casualty insurer, has recently announced that Neeti Bhalla Johnson will step down from her role as President of Global Risk Solutions (GRS) effective March 6, 2026, as she pursues new opportunities. As Pres...

Posted: Feb 13, 2026

DUAL and SCOR team up to expand corporate insurance capacity in Brazil

DUAL, one of the world’s largest Managing General Agents (MGAs) and part of Howden, has partnered with global reinsurer SCOR to bring enhanced capacity to the Brazilian corporate insurance market. Under the agreement, DUAL Brazil and SCOR will rep...

Posted: Feb 13, 2026

Kuwait Re posts rise in net profit to $65m for 2025

Kuwait Reinsurance Company achieved a roughly 41% year-on-year rise in net profit for 2025 to $65 million, as total insurance revenue increased by 13% to around $294 million. After insurance services expenses of $257 million in 2025, the insurance...

Posted: Feb 13, 2026

MS Amlin’s profit up to £162m as combined ratio strengthens in Q3’25

Global re/insurer MS Amlin, part of MS&AD Holdings, generated an insurance service profit of £183 million for the period January to September 2025 (Q3’25), an increase of 53% year-on-year, as the firm’s combined ratio strengthened...

Posted: Feb 13, 2026

Lloyd’s adds Fiona Luck and Sean McGovern as new Deputy Chairs

The specialist Lloyd’s insurance and reinsurance marketplace has confirmed the additions of both Fiona Luck and Sean McGovern as Deputy Chairs, joining Victoria Carter who has served in the role since 2021. Luck joined the Lloyd’s Coun...

Posted: Feb 13, 2026

Admiral Group to broaden its motor offering with Flock acquisition

Admiral Group, an UK-based insurance company, has reached an agreement to acquire Flock, a digital commercial fleet insurance provider. Valued at £80 million, the acquisition, subject to regulatory approval, gives Admiral access to Flock’s innovat...

Posted: Feb 13, 2026

AF Group promotes Mike Valiante to President, Commercial Markets

Insurer AF Group has promoted Mike Valiante, who joined the firm in 2011 as Director of Field Operations for AF Group’s Third Coast Underwriters brand, to the role of President of Commercial Markets, After joining the firm in 2011, Valiante ...

Posted: Feb 13, 2026

Cyber insurance rates decline despite surge in claims: Lockton

Cyber insurance premiums have fallen despite an increase in cyber incidents and rising claims, marking a “rare divergence between underlying risk and insurance pricing,” according to a recent report from insurance broking group Lockton. During the...

Posted: Feb 12, 2026

Beazley survey finds risk convergence driving insurance investment in 2026

Specialist insurer Beazley has found that businesses worldwide are navigating a more interconnected risk environment in 2026, with technology and geopolitical pressures emerging as the joint leading concerns. In its latest Risk & Resilience su...

Posted: Feb 12, 2026

Brown & Brown sees rate conditions shifting in favour of prepared buyers

Brown & Brown, Inc., an insurance brokerage and risk management services firm, has released its 2026 Market Trends report, providing a detailed assessment of developments across the insurance landscape and notes that rate conditions in several...

Posted: Feb 12, 2026

AXA DCP partners with Planet to track natural catastrophes

AXA Digital Commercial Platform, a ‘first-of-its-kind’ AI-powered all-in-one risk management system and newest arm of AXA, has partnered with Earth imaging company Planet to track natural catastrophes such as earthquakes and hurricanes...

Posted: Feb 12, 2026

Markel Insurance appoints Zurich’s John Bang as Head of Korea and Japan

Markel Insurance, the insurance operation within Markel Group Inc., has appointed John Bang as its inaugural Head of Korea and Japan, effective immediately. He will be responsible for launching Markel International’s Japan and Korea desks, o...

Posted: Feb 12, 2026

AM Best revises outlook on US D&O liability insurance segment to stable

AM Best has announced it is revising its market segment outlook for the US directors and officers (D&O) liability insurance segment to stable from negative, citing rate stabilisation and improving loss ratios, among other factors. The upgrade...

Posted: Feb 12, 2026

Philippe Domart to lead Covéa Insurance UK as CEO

Covéa Insurance UK has appointed Philippe Domart as its Chief Executive Officer (CEO), subject to regulatory approval, effective April 1st, 2026. In the new role, Domart succeeds Georges De Macedo. Additionally, he will relocate to the UK to be cl...

Posted: Feb 12, 2026

Chubb appoints Morales as Regional Executive Officer of Spain, Portugal, Italy

Large US insurer Chubb has announced the appointment of José Ramón Morales as Regional Executive Officer, Southern Region (Spain, Portugal, Italy) and Head of the Underwriting Centre, Continental Europe, Middle East and North Africa, effective Apr...

Posted: Feb 12, 2026

Prudent management and few cat events drive record 2025 for Mapfre Re

Mapfre has reported that Mapfre Re, which encompasses its Reinsurance and Global Risks businesses, delivered a record result of €381 million in 2025, an increase of 17.2% year on year, driven by prudent management and the absence of catastrophe ev...

Posted: Feb 12, 2026

Severe weather in Andalusia tests Spain’s agricultural insurance framework: Morningstar DBRS

Morningstar DBRS, the credit ratings agency, has stated that severe and persistent weather events in southern Spain are adding pressure to the country’s agricultural insurance framework, while leaving private insurers largely insulated from materi...

Posted: Feb 12, 2026

Descartes strengthens European footprint with strategic hires and promotions

Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has expanded Commercial Director Juan Maria Marqués Domenech’s responsibilities to cover Central Europe in addition to Iberia. In a...

Posted: Feb 12, 2026