Reinsurance News

AM Best reports gradual erosion in capital quality across US L/A market

According to a newly released study by the credit rating agency AM Best, the US life and annuity (L/A) insurance sector continues to demonstrate overall financial strength, yet the composition of its capital base is becoming less robust. The agenc...

Posted: Mar 04, 2026

Citizen’s eyes $2.98bn of reinsurance for 2026 risk transfer program

Florida’s Citizens Property Insurance Corporation has revealed that it aims to secure private reinsurance coverage of approximately $2.98 billion for its 2026 risk transfer program. According to the firm, coverage would be comprised of $1.53 billi...

Posted: Mar 04, 2026

Florida’s Citizens eyes $2.98bn of reinsurance for 2026 risk transfer program

Florida’s Citizens Property Insurance Corporation has revealed that it aims to secure private reinsurance coverage of approximately $2.98 billion for its 2026 risk transfer program. According to the firm, coverage would be comprised of $1.53 billi...

Posted: Mar 04, 2026

George Stylli joins HIVE as Chief Technology Officer

HIVE Underwriters, an independent specialty managing general agent (MGA), has announced the appointment of George Stylli as Chief Technology Officer (CTO). Stylli brings nearly two decades of London Market technology leadership to the role, having...

Posted: Mar 04, 2026

Aon appoints Dan Duncan and Randy Stanco to US reinsurance leadership roles

Global insurance and reinsurance broking group Aon has announced a leadership update across its U.S. reinsurance business, appointing Dan Duncan as President, U.S. Reinsurance Strategy & Growth, and Randy Stanco as President, U.S. Reinsurance...

Posted: Mar 04, 2026

Trump orders political risk insurance backstop for energy security in Persian Gulf

In an intervention aimed at stabilising global energy flows and easing maritime security risks, President Donald Trump has directed the United States Development Finance Corporation (DFC) to extend political risk insurance and financial guarantees...

Posted: Mar 04, 2026

Swiss Re names Tamas Bown as Head L&H Reinsurance, APAC

Global reinsurer Swiss Re has announced the appointment of Tamas Bown as Head of Life & Health Reinsurance for the Asia Pacific region, excluding China, effective 1st April 2026. Bown has spent over two decades at Swiss Re, holding several sen...

Posted: Mar 04, 2026

HDI Global UK&I appoints Matthew Bond as Head of Energy & Power

HDI Global UK & Ireland (HDI) has announced the appointment of Matthew Bond as Head of Energy & Power, effective 2nd March 2026 In his new role, Bond will lead HDI’s Energy & Power portfolio across the UK and Ireland, focusing on furth...

Posted: Mar 04, 2026

Middle East conflict risks seen as manageable for re/insurers, but escalation concerns linger

At discussions held during the Association of Insurance and Financial Analysts conference, re/insurance executives and analysts struck a cautiously constructive tone on Middle East conflict exposures, broadly agreeing that related losses remain “m...

Posted: Mar 04, 2026

Commerzbank AG appoints Dan Broome as UK Insurance & Asset Manager Coverage Lead

Commerzbank AG has appointed Dan Broome to lead UK Insurance & Asset Manager Coverage within the Non-Bank Financial Institutions team in London. In his new role, Broome will focus on strengthening relationships and developing the franchise wit...

Posted: Mar 04, 2026

Reinsurers can meet challenges as Middle East conflict escalates: SCOR CEO

Currently, the immediate impact of the ongoing conflict in the Middle East is negligible for global reinsurer SCOR in terms of claims, as the company’s Chief Executive Officer (CEO), Thierry Léger, emphasises that the reinsurance industry &#...

Posted: Mar 04, 2026

Specialty MGA appoints Davood Khalaghizadeh to lead D&O underwriting

Specialty MGA, a member of the MNK Group, is enhancing its specialist financial lines offering with the appointment of Davood Khalaghizadeh as Senior Underwriter for Directors and Officers (D&O). Khalaghizadeh brings a rich background across m...

Posted: Mar 04, 2026

Beazley delivers profits of $1bn+ for third year running in 2025

Specialist insurer Beazley has posted a profit before tax of $1.15bn for the full year 2025, delivering an undiscounted combined ratio of 81% despite heightened global volatility and a softening rating environment. Although earnings were slightly...

Posted: Mar 04, 2026

Guy Carpenter adds QBE’s Paas as Head of European Capital & Advisory

Guy Carpenter, a reinsurance broker, risk advisor, and part of Marsh, has appointed Al Paas as Head of European Capital and Advisory. In his new role, Paas will lead the broker’s expansion and strengthen its investment banking capabilities a...

Posted: Mar 04, 2026

SCOR delivers FY’25 net income of €851m, P&C combined ratio strengthens to 82.3%

Global reinsurer SCOR generated net income of €208 million and $851 million for the fourth quarter and full year 2025, respectively, as the firm’s property and casualty (P&C) business produced a robust underlying performance with a stron...

Posted: Mar 04, 2026

CRC Group acquires MGA Euclid Transactional from Searchlight Capital

Global private investment firm, Searchlight Capital Partners, L.P., has completed the sale of Euclid Transactional, LLC, a managing general agent (MGA) specialising in transactional insurance underwriting and claims handling, to CRC Group, a whole...

Posted: Mar 04, 2026

Tokio Marine Kiln names George Leahy as Underwriter in Liability division

The insurance firm Tokio Marine Kiln (TMK) has appointed George Leahy as an Underwriter in its Liability division, enhancing its underwriting bench strength, he will report directly to Oliver Delaney, Departmental Head of Liability. Leahy has eigh...

Posted: Mar 04, 2026

USD.AI & Barker launch insured GPU loan coverage backed by Munich Re

USD.AI, a decentralised protocol for GPU-backed lending, has partnered with Barker, an institutional risk transfer platform, to provide comprehensive value protection on all GPU collateralised loans. Under the partnership, new GPU loans issued via...

Posted: Mar 04, 2026

US life insurers maintain steady but uneven profitability as rate support eases: Moody’s

Credit rating agency Moody’s reports that publicly traded US life insurers delivered solid, though uneven, operating profitability in the fourth quarter of 2025, as the boost from higher interest rates subsided and yields stabilised. While results...

Posted: Mar 03, 2026

James River reports profit in 2025 as underwriting performance improves

James River Group has disclosed that it returned to profitability in 2025, posting net income available to common shareholders of $39.6m, versus a loss of $118.3m a year earlier, driven by improved underwriting results. The firm’s gross writ...

Posted: Mar 03, 2026

SiriusPoint leaning hard into A&H and its MGA ecosystem: CEO Egan

Following SiriusPoint’s strong set of results for the full year 2025, CEO Scott Egan discussed what he believes matters most beneath the headline numbers, how he is approaching growth and capital allocation, and why the re/insurer is leaning hard...

Posted: Mar 03, 2026

Stephanie Cryer to lead underwriting at QBE International

QBE Insurance Group, a commercial insurer and reinsurer headquartered in Australia, has appointed Stephanie Cryer as Chief Underwriting Officer (CUO) for its International division, taking effect on 1 April 2026, subject to regulatory approval. Cr...

Posted: Mar 03, 2026

Insurance market braces for systemic shock as Iran conflict threatens multi-line losses: Kennedy’s

Kennedys, an international insurance law firm, has warned that the developing conflict involving the United States, Israel and Iran presents the prospect of a rare, multi-line event for the global insurance and reinsurance market. In Kennedys’ ass...

Posted: Mar 03, 2026

Arrow’s new property FAC reinsurance practice to be led by Paul Witzenfeld

Specialist managing general agent (MGA) underwriting platform, Arrow Risk Management, has appointed Paul Witzenfeld as Underwriting Practice Leader, tasked with spearheading the firm’s new property facultative (FAC) reinsurance underwriting...

Posted: Mar 03, 2026

RSUM strengthens Ryan Financial Lines leadership with senior executive promotions

Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty, has announced the promotion of three senior leaders within its Ryan Financial Lines business. Ryan Financial Lines (RFL) provides an all-in-one platform...

Posted: Mar 03, 2026