Reinsurance News

Lloyd’s announces Council membership elections

Lloyd’s, the London-headquartered specialist insurance and reinsurance market, has announced a couple of updates to its Council membership: the re-election of Richard Dudley, and Duncan Dale’s election. These changes follow elections to fill two w...

Posted: Nov 14, 2025

Amiga Specialty secures multi-year, multi-product capacity with Accelerant Risk Exchange

Amiga Specialty, a Managing General Agent (MGA) focused on specialty insurance lines, has announced that it has secured multi-year, multi-product capacity through the Accelerant Risk Exchange. This agreement will support Amiga’s portfolio across C...

Posted: Nov 14, 2025

Captives can help advance ESG commitments, says FERMA report

The Federation of European Risk Management Associations (FERMA), representing risk managers across Europe, has examined how captives can contribute to environmental, social, and governance (ESG) objectives. In its report, ESG – Toolbox for Captive...

Posted: Nov 14, 2025

John Neal no longer joining AIG

Global insurer AIG has announced that John Neal, former Chief Executive Officer (CEO) of the specialist Lloyd’s insurance and reinsurance marketplace, will no longer be joining the firm due to personal circumstances. Back in January 2025, it...

Posted: Nov 14, 2025

War risks return to the seas as reinsurance faces a new era of uncertainty: Willis Re

According to Willis Re, the marine war risks market, once a quiet, predictable corner of global reinsurance, is being reshaped by renewed geopolitical tension and rising aggression at sea. The firm traces this evolution back to the late 19th centu...

Posted: Nov 14, 2025

Insurers as enablers of climate resilience through long-term partnerships: HDI Global

Insurers can act as enablers of climate resilience through highly specialised natural catastrophe assessment tools and bespoke risk consulting, enhancing clients’ preparedness for future challenges, with long-term partnerships key to achieving thi...

Posted: Nov 14, 2025

IRB(Re) posts dip in Q3’25 net income but 9M result up 39%

Brazilian reinsurer IRB(Re) reported a net income of R$98.7 million in the third quarter of 2025, down 14.8% from R$115.9 million in the same period a year prior, while net income for the first nine months of 2025 increased 38.7% to R$360.8 millio...

Posted: Nov 14, 2025

Donna Cowell appointed Head of Reinsurance for L&G’s Retail business

Legal & General’s (L&G) Retail business, a UK provider of retirement and protection solutions, has announced the appointment of Donna Cowell to the newly created role of Head of Reinsurance, UK Protection. In this role, Cowell will work ac...

Posted: Nov 14, 2025

Somerset Re CEO Danish Iqbal joins BILTIR’s Board of Directors

Somerset Re CEO, Danish Iqbal, has been appointed to the Bermuda Long Term Insurers and Reinsurers (BILTIR) Board of Directors, effective November 1, 2025. Iqbal, who recently returned to Somerset Re, has held a variety of senior roles in the life...

Posted: Nov 14, 2025

Antares Global appoints Andy Bridgwood and Chris Early as joint Class Cargo Underwriters

Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwri...

Posted: Nov 14, 2025

Antares Global names Andy Bridgwood and Chris Early as joint Class Cargo Underwriters

Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwri...

Posted: Nov 14, 2025

Allianz reports highest 9M operating profit ever in 2025

Amid sustained, broad-based momentum across its businesses, Allianz has reported an operating profit of €13.1 billion for the first nine months of 2025, its highest nine-month result on record and equivalent to 82% of the midpoint of its full-year...

Posted: Nov 14, 2025

Aspen reports improved Q3’25 CoR of 86.8% as underwriting result rises to $94.4m

Bermuda-domiciled insurer and reinsurer, Aspen Insurance Holdings, has reported a combined ratio of 86.8% for the third quarter of 2025, an improvement of 8.4 percentage points from the 95.2% achieved in the same period last year. This improved co...

Posted: Nov 14, 2025

Upstream profitability and downstream losses shape 2026 insurance outlook: WTW

Insurance buyers are set to remain in a strong negotiating position for both cost and coverage as the market moves into 2026, according to the Energy Market Review Update published by Willis, a WTW business. Willis reports that the upstream energy...

Posted: Nov 14, 2025

Pen Underwriting enters renewable energy market

Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has launched a new risk management-led insurance product serving the needs of the waste-to-energy anaerobic digestion (AD) industry, thereby entering into the renewable...

Posted: Nov 14, 2025

Aviva’s General Insurance premiums rise 12% to £10bn in 9M’25

British insurer Aviva reported General Insurance premiums of £10 billion in the first nine months of 2025, up 12% from £9.1 billion in the same period a year earlier. By region, UK & Ireland General Insurance premiums increased 17% to £6.7 bil...

Posted: Nov 14, 2025

Swiss Re’s Group net income rises 85% as P&C reinsurance delivers 77.6% CoR

Swiss Re, one of Europe’s big four reinsurers, recorded net income of more than $4 billion for the first nine months of 2025, an increase of 85% on the prior year’s $2.2 billion, as the property and casualty (P&C) reinsurance resul...

Posted: Nov 14, 2025

SCOR’s Daniel Duesterhaus joins the Ruschlikon ePlacing Steering committee

Ruschlikon, a global community of insurers, brokers and reinsurers powered by ACORD, has announced that Daniel Duesterhaus of SCOR has joined its ePlacing Steering Committee, bringing deep expertise in underwriting innovation and broker partnershi...

Posted: Nov 14, 2025

ShoreOne expands residential homeowners policy with flood coverage to Rhode Island

ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has launched its residential homeowners policy in Rhode Island, now including comprehensive flood insurance coverage. The policy combines...

Posted: Nov 14, 2025

RGA study highlights potential of incretin-based therapies to improve global health outcomes

Reinsurance Group of America, Incorporated, a provider of life and health reinsurance solutions, has released new research that evaluates the potential effects of incretin-based therapies, including GLP-1 medications, on mortality and morbidity. T...

Posted: Nov 13, 2025

Descartes Underwriting adopts mea Platform to power parametric growth

Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has adopted mea Platform’s AI products to enhance automation and data orchestration across its underwriting processes. The implemen...

Posted: Nov 13, 2025

JBA launches high-res US flood model to meet reinsurance demand as data reveals major risk gap

UK-based flood science specialist JBA Risk Management has launched a high-resolution US inland flood model, as new data reveals that almost one in three US properties – 38.6 million buildings – are at risk of flood. JBA has launched th...

Posted: Nov 13, 2025

AM Best upgrades credit ratings of Greenlight Capital Re and subsidiaries

AM Best has upgraded the Financial Strength Ratings of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, DAC (Ireland) to A (Excellent) from A– (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent)...

Posted: Nov 13, 2025

ICA urges stronger national resilience to secure the future of the Cyclone Reinsurance Pool

The Insurance Council of Australia (ICA), the representative body for the general insurance industry, has called for greater national investment in disaster resilience and risk reduction to ensure the long-term success of the Cyclone Reinsurance P...

Posted: Nov 13, 2025

Neptune’s revenue rises 31.2% to $44.4m in Q3’25

Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, reported revenue of $44.4 million for the third quarter of 2025, up 31.2% from $33.8 million in the same period a year earlier. In the quarter, written premiums inc...

Posted: Nov 13, 2025