Reinsurance News

Berkshire Hathaway posts strong ’25 re/insurance result, expects to write less P&C business ‘for a p...

Berkshire Hathaway, the huge American multinational conglomerate holding company, cut premium written in its property and casualty (P&C) reinsurance business in 2025 as a result of increased competition and lower rates, as new CEO, Greg Abel,...

Posted: Feb 28, 2026

Accelerant expects revenue to rise 51% for FY’25

Accelerant Holdings, a services and data platform providing insurance through the Accelerant Risk Exchange, has disclosed a preliminary unaudited full-year 2025 revenue increase of 51% year over year to $913 million. The revenue for the fourth qua...

Posted: Feb 27, 2026

Galaxy Insurance Consultants (Singapore) obtains MAS Reinsurance Broking Licence

Galaxy Insurance Consultants (Singapore) has announced it has officially been granted a Reinsurance Broking Licence by the Monetary Authority of Singapore (MAS). This regulatory approval allows the form to bridge the gap between regional clients a...

Posted: Feb 27, 2026

Consilium establishes Energy Risk Solutions Division and names Johnny Hilliard as Managing Partner

Consilium, an independent global specialty re/insurance broker, has confirmed the creation of its Energy Risk Solutions Division and the appointment of Johnny Hilliard as Managing Partner. He will join the firm after completing his current notice...

Posted: Feb 27, 2026

Aon advises on pension risk settlement for Mouchel Business Services Scheme

Aon, an international professional services firm, has advised the Mouchel Business Services Limited Pension Scheme (Money Purchase Section) (MBS-MP), sponsored by Kier Group, on a transaction to secure all members’ benefits with Just Group, with t...

Posted: Feb 27, 2026

Ascot adds Walch-Watson and Gallagher to Board of Directors

Ascot Group Limited, a global specialty insurance company based in Bermuda, has announced the appointment of Patrice Walch-Watson and Christopher Gallagher to its Board of Directors. Kewsong Lee, Chairman of the Board of Ascot Group Limited, comme...

Posted: Feb 27, 2026

AM Best upgrades outlooks to positive for Starr subsidiaries

AM Best has upgraded the outlooks to positive from stable and reaffirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) for the insurance subsidiaries of Starr International Company, Inc....

Posted: Feb 27, 2026

1089 collaborates with Price Forbes & Oka to launch carbon asset insurance framework

1089 Inc., a carbon asset infrastructure company, has collaborated with Price Forbes and Oka to introduce a carbon asset insurance framework for the transportation and energy sectors. The framework is designed to bring institutional safeguards, di...

Posted: Feb 27, 2026

Oman Re and Gallagher Re support new mandatory nat cat cover for motor insurance

The Sultanate of Oman has introduced mandatory natural catastrophe coverage within the Unified Motor Insurance Policy, the first such initiative in the Gulf Cooperation Council (GCC) region, developed through close collaboration with Oman Re, Gall...

Posted: Feb 27, 2026

Gen AI could unlock $50-$70bn in insurance revenue, estimates McKinsey & Company

McKinsey & Company, a management consulting firm, argues that artificial intelligence (AI) represents one of the most significant opportunities for value creation within the insurance industry. In its analysis, McKinsey & Company maintains...

Posted: Feb 27, 2026

The Baldwin Group sees total revenue increase 8% to $1.5bn in 2025

Following what it described as a “year of significant progress” in 2025, The Baldwin Group has reported total revenue of $1.5bn, an increase of approximately 8% year on year, and authorised a $250m share repurchase programme. Despite the top-line...

Posted: Feb 27, 2026

Bishop Street Underwriters gets $125m funding from White Mountains

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has received a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd. Recently, in its 2025 result announcement, Bishop Street disc...

Posted: Feb 27, 2026

Geopolitical shifts present strategic challenges and opportunities, says Marsh

Marsh, a firm specialising in risk, reinsurance, capital, and management consulting, has highlighted the growing challenges posed by an accelerating geopolitical transition. According to Marsh, this period represents a level of complexity not seen...

Posted: Feb 27, 2026

Exzeo Group announces flood insurance partnership with Tokio Marine Highland

Exzeo Group, Inc., a technology-driven insurance distribution and services company, has announced a strategic partnership with Tokio Marine Highland, a wholly owned subsidiary of Tokio Marine Kiln, an international specialty insurer. Through this...

Posted: Feb 27, 2026

VIG Re becomes an Associate Member of the SRA

VIG Re, the reinsurance arm of Vienna Insurance Group, has announced that it has become an Associate Member of the Singapore Reinsurers’ Association (SRA). Established in 1979, the SRA plays a key role in fostering dialogue, professional excellenc...

Posted: Feb 27, 2026

Despite some taking more risk, Swiss Re’s ‘share of wallet didn’t reduce’ at Jan renewal: CEO Berger

Although some large buyers of reinsurance decided to take more risk at the January 1st renewal season, global reinsurer Swiss Re’s share of wallet in the market didn’t reduce as buyers still need lead reinsurance partners, according to...

Posted: Feb 27, 2026

Marc Roston joins Hamilton’s Board of Directors

Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced the appointment of Marc Roston to its Board of Directors as a shareholder director by Magnitude Capital, LLC. Roston replaces Hawes Bostic, who has served on the H...

Posted: Feb 27, 2026

Saudi Re’s revenue increases 48% in 2025, net profit stands at SAR 140m

MENA-region reinsurer Saudi Re has announced its financial results for the full year 2025, reporting SAR 1.67 billion in revenue, a 48% increase compared to the same period of the previous year. According to the firm, this growth was supported by...

Posted: Feb 27, 2026

Swiss Re to nominate former Hannover Re CEO Henchoz to serve as Board member

Global reinsurer Swiss Re’s Board of Directors plans to nominate Jean-Jacques Henchoz, the former Chief Executive Officer (CEO) of large reinsurer Hannover Re, for election as a new, Non-Executive and Independent member of the Board. The app...

Posted: Feb 27, 2026

Miller to acquire Dubai-based reinsurance broker Shields

Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly...

Posted: Feb 27, 2026

Brit’s profits hit $651.8m in 2025 as Bermuda reinsurance platform expands

Brit Insurance has disclosed its results for 2025, highlighting profits for the year of $651.8m, an increase of 36.2% from 2024, while insurance premiums written expanded to $3.09bn from $2.98bn. Brit also reported a return on net tangible assets...

Posted: Feb 27, 2026

PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn

PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This...

Posted: Feb 27, 2026

Fidelis makes preparations for new Pelagos branded entities in Bermuda

Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited. While the group has secured multiple na...

Posted: Feb 27, 2026

Swiss Re delivers record Group net income as P&C Re profit rises to $2.8bn

Global reinsurer Swiss Re’s Group net income increased by 47% to $4.8 billion in 2025 with a strong performance across the business, including a significant rise in property and casualty (P&C) reinsurance net income on the back of a lowe...

Posted: Feb 27, 2026

HCI reports significant rise in net income to $108m in Q4’25

HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-ta...

Posted: Feb 27, 2026