Reinsurance News

Reinsurers face pressure on growing top-line and maintaining margin in 2026: Autonomous

After several years of outperformance, European reinsurers’ momentum has stalled, with analysts warning that sustaining top-line growth and margins will be increasingly challenging in 2026 amid a softening pricing cycle, according to a recent repo...

Posted: Dec 24, 2025

Gammon appointed Head of Marine & Aviation, AXIS Global Markets

Lee Gammon has been promoted to the newly created position of Head of Marine & Aviation of AXIS Global Markets, the global insurance and reinsurance operations of AXIS Capital, effective January 1, 2026. Gammon has been with the company since...

Posted: Dec 24, 2025

Globe Life establishes Bermuda reinsurance affiliate

Globe Life Inc., a US-domiciled holding company specialising in life and supplemental health insurance, has announced the formation and licensing of Globe Life Re Ltd. as a Bermuda Class C insurer to provide reinsurance support for insurance busin...

Posted: Dec 24, 2025

Howden advises K2 on launch of Lloyd’s Syndicate 1954

Howden Capital Markets & Advisory and Howden Capital Solutions will serve as financial advisors to MGA platform K2 Insurance Services as it launches Syndicate 1954 for the 2026 YOA, in partnership with Dale Underwriting Partners, the trading n...

Posted: Dec 24, 2025

Freedom to buy outstanding shares of Concert

The shareholders of Concert Group Holdings, Inc., a specialised insurance holding company known for providing tailored solutions to programme insurance markets, have agreed to allow founding shareholder Freedom Underwriters LLC (Freedom) to purcha...

Posted: Dec 24, 2025

Cyber risk to grow more systemic in 2026 as digital dependencies deepen: Coalition

According to executives at Coalition, cyber risk in 2026 will be defined less by isolated breaches and more by hidden interdependencies that drive correlated, systemic loss, forcing re/insurers to demand deeper technical clarity, stronger underwri...

Posted: Dec 24, 2025

Zurich North America enhances underwriting efficiency with Convr AI

Zurich North America, the commercial property and casualty insurer, is expanding its relationship with Convr AI to improve underwriting efficiency and better serve its customers through Convr’s AI-powered underwriting workbench. Founded in 2...

Posted: Dec 24, 2025

Amiga Specialty welcomes David Filtness as MD, Professional Indemnity

Amiga Specialty, an independent international managing general agent (MGA) headquartered in London, has announced the appointment of David Filtness as Managing Director, Professional Indemnity. In his new position, Filtness will lead the developme...

Posted: Dec 24, 2025

Mosaic increases Canada cyber risk capacity to $25m

Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, will increase its cyber-risk capacity per risk in Canada to $25 million (CAD 40 million), starting January 1st, 2026. The move, which more than doubles the ins...

Posted: Dec 24, 2025

IMAC introduces 2026 Executive Committee and launches talent development initiative

The Insurance Managers Association of Cayman (IMAC), a professional body representing insurance managers, captive insurance companies, and service providers while acting as a key liaison with government and regulators in the Cayman Islands, reveal...

Posted: Dec 24, 2025

Jeffrey Loop appointed AXA XL’s Head of Media Liability

AXA XL, the property and casualty division of global insurer AXA Group, has announced the appointment of Jeffrey L. Loop as the new Head of Media Liability. Based in Los Angeles, Loop will report to Michelle Chia, Chief Underwriting, Cyber, Design...

Posted: Dec 24, 2025

AM Best assigns Credit Ratings to Prismic Life Re and PL Re International

AM Best has assigned Credit Ratings to Prismic Life Reinsurance, Ltd. (Prismic Life Re) and Prismic Life Reinsurance International, Ltd. (PL Re International), both domiciled in Bermuda, with a stable outlook. The ratings agency assigned a Financi...

Posted: Dec 24, 2025

Trueman and Shaw join Everest’s Global Wholesale & Specialty Insurance division

Everest Group, a Bermuda-based insurer and reinsurer, has announced two senior leadership appointments within its Global Wholesale & Specialty (GWS) Insurance division. Paul Trueman has been named Head of International, Global Wholesale &...

Posted: Dec 23, 2025

Tokio Marine HCC to enhance underwriting efficiency with Cytora partnership

Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, has entered a strategic collaboration with Cytora to enhance its underwriting workflow efficiency with art...

Posted: Dec 23, 2025

Inigo secures $255m of retro reinsurance with fifth cat bond

Specialist insurer and reinsurer Inigo Limited has returned to the catastrophe bond market for the fifth consecutive year, issuing its largest series of cat bonds totalling $255 million via Montoya Re Ltd., featuring multiple tranches and introduc...

Posted: Dec 23, 2025

Affiliated investments surge among US Life/Annuity insurers: AM Best

AM Best, a credit rating agency specialising in the insurance industry, has released new findings on the rapid expansion of affiliated investments across US life/annuity (L/A) companies. Affiliated investment growth among US L/A insurers has accel...

Posted: Dec 23, 2025

SiriusPoint acquires Assist America to expand IMG services

Global specialty insurer and reinsurer SiriusPoint’s wholly owned subsidiary, International Medical Group (IMG), a leader in global insurance benefits and assistance services, is set to acquire Assist America. According to SiriusPoint, the acquisi...

Posted: Dec 23, 2025

Bermuda P&C re/insurance sector net income increases 22.5% in 2024: BMA

In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...

Posted: Dec 23, 2025

Bermuda P&C re/insurance sector net income increased 22.5% in 2024: BMA

In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...

Posted: Dec 23, 2025

CRC Group expands Specialty team with four hires

CRC Group, a wholesale specialty insurance distributor in North America, has expanded its Specialty division with the addition of four new professionals. Matthew Duff has joined CRC Specialty in Little Rock as an Underwriting Team Leader. He bring...

Posted: Dec 23, 2025

Collaboration key as geopolitical risk weighs on insurers: IUA

With geopolitical uncertainty and testing market conditions creating a challenging environment for insurers in 2025, International Underwriting Association (IUA) chief executive Chris Jones said it is vital for members to come together to share ex...

Posted: Dec 23, 2025

Amiga Specialty secures Lloyd’s capacity for Management Liability

Amiga Specialty, an independent international Managing General Agent (MGA), has secured new Lloyd’s capacity to support its Management Liability proposition for SME and mid-market businesses across the UK, Europe, and select rest-of-world markets....

Posted: Dec 23, 2025

Skanska Pension Fund secures £525m full buy-in and novates longevity swap

Standard Life has completed a £525 million full buy-in for the Trustee of the Skanska Pension Fund (the Fund), in partnership with its corporate sponsor Skanska UK plc and parent company Skanska AB, covering all c.5,500 members. The transaction in...

Posted: Dec 23, 2025

Newly launched MGA Prism strengthens APAC growth push with two senior hires

Prism, the recently launched managing general agent (MGA) backed by Convex and Efinity Insurance Solutions, has appointed Luca Ronsisvalle as Head of Marine Cargo, and Jan von Kamp as Head of Energy, Power and Renewables. Both will report directly...

Posted: Dec 23, 2025

CEO of Previsico says 2026 will be a pivotal year for flood insurance

In a recent Reinsurance News interview, Jonathan Jackson, CEO of Previsico, the flood forecasting company, discussed the challenges and opportunities facing the flood insurance sector in 2026. Flood‑related insurance losses have continued to escal...

Posted: Dec 23, 2025