Reinsurance News

South Korea adjusts discount rate rules to ease solvency pressures on non-life insurers

South Korea’s financial authorities have relaxed regulations on discount rates, a move expected to ease solvency pressures for the country’s non-life insurers, according to credit rating agency AM Best. Declining market interest rates, combined wi...

Posted: Dec 16, 2025

TMK adds energy, power and renewables specialist Gregory to Liability team

Tokio Marine Kiln (TMK), a global specialty insurer, has appointed Harry Gregory as an Underwriter within its Liability team, effective immediately. In the new role, he will report to Oliver Delaney, Departmental Head of Liability, and be responsi...

Posted: Dec 16, 2025

50% of MGAs still in early stages of API adoption: Root Platform

Half of managing general agents (MGAs) are at the start of their digital/API transformation journey, according to new data by Root Platform, the API-first core platform for delegated authority insurance business. A recent poll taken by senior lead...

Posted: Dec 15, 2025

MNK International appoints Naman Kumar as new CEO

MNK International, part of the MNK Group and an independent Lloyd’s broker, has announced the appointment of Naman Kumar as Chief Executive Officer (CEO). Naman brings a distinguished career marked by transformative leadership across leading insti...

Posted: Dec 15, 2025

US commercial insurance pricing growth slows in Q3’25, says WTW

WTW, a global advisory, broking, and solutions company, reports that US commercial insurance rates rose by 3.8% in the third quarter of 2025, continuing the easing trend observed earlier in the year. This follows increases of 3.8% in Q2 2025 and 5...

Posted: Dec 15, 2025

Mark DiTaranto appointed PartnerRe’s Global Head of Claims

Global reinsurer PartnerRe has announced the appointment of Mark DiTaranto as its new Global Head of Claims. DiTaranto joins PartnerRe from AXA XL, where spent nine years of his career, most recently as Global Head of Claims – Reinsurance. H...

Posted: Dec 15, 2025

Antares Global CEO: 2026 will reward disciplined underwriting and operational excellence

Michael van der Straaten, CEO of Antares Global, a London-based specialty insurer, offers his outlook on the specialty re/insurance market in 2026, examining the factors likely to influence underwriting practices and the broader evolution of busin...

Posted: Dec 15, 2025

Beazley closes $300m cyber catastrophe bond

Specialist insurer Beazley has secured $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1). This is the fourth and largest 144A cyber catastrophe bond sponsored by Beazley under Pol...

Posted: Dec 15, 2025

AIG names Scott Leney as Regional President, AIG Asia Pacific

American International Group, Inc. (AIG), an insurance organisation serving commercial, institutional, and individual clients, has announced the appointment of Scott Leney as Regional President, AIG Asia Pacific. In this position, Leney will have...

Posted: Dec 15, 2025

Abu Dhabi introduces FIDA Cluster to advance new-generation financial and investment solutions

Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO), has introduced the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster — a coordinated initiative designed to acce...

Posted: Dec 15, 2025

Nick Hankin appointed QBE Re Managing Director

Nick Hankin has been appointed as Managing Director of QBE Re, the reinsurance arm of QBE Insurance Group, effective from 1st January 2026. Hankin, who currently serves as Chief Underwriting Officer (CUO) of QBE International, succeeds Chris Killo...

Posted: Dec 15, 2025

Swiss Re L&H Europe announces leadership updates

Swiss Re, a global provider of reinsurance, insurance, and risk solutions, has announced a series of leadership changes within its Life & Health (L&H) Europe business. The announcement outlines new appointments and role transitions designe...

Posted: Dec 15, 2025

Retaining credibility of re/insurance industry a key challenge: VIG Re’s Stephan Wirz

At year-end 2025, Stephan Wirz, Chief Business Officer and Member of the Board of Management at leading European reinsurer VIG Re, said the biggest challenge the re/insurance market faces is “to retain the credibility of our industry” and demonstr...

Posted: Dec 15, 2025

PFAS litigation and regulation set for major shifts in 2026, says DAC Beachcroft

International law firm DAC Beachcroft, known for its work across insurance, health, real estate and commercial risk, reports that 2026 is likely to bring significant developments in both PFAS-related claims and regulatory timetables. Their analysi...

Posted: Dec 15, 2025

Chubb appoints Chris Colahan to lead Commercial Property & Casualty in Asia Pacific

Large US insurer Chubb has announced the appointment of Chris Colahan as Head of Commercial Property & Casualty, Asia Pacific, taking effect on 9 February 2026. In this position, Colahan will oversee the strategy and performance of Chubb’s Com...

Posted: Dec 15, 2025

Howden completes c.US$3bn debt repricing and upsize to support growth funding

Howden Group, the global insurance intermediary, has completed a c.US$3bn equivalent refinancing and increase of its USD and EUR Term Loan B facilities, with the transaction closing on 11 December. The US$1.6bn USD Term Loan B facility was refinan...

Posted: Dec 15, 2025

PERILS provides initial industry loss of AUD 1.1bn for Australia East Coast SCS activity in late Oct...

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Australia East Coast Severe Convective Storms (SCS), which occurred in late October, of AUD 1.108 billion (USD 736m). On...

Posted: Dec 15, 2025

Lockton Re launches European life reinsurance practice

Reinsurance broker Lockton Re has launched a new European Practice focused on the life reinsurance market, and has appointed Mederic Borde in Paris to lead the operation. The new European life practice strengthens the firm’s presence in Fran...

Posted: Dec 15, 2025

Evercore ISI reports rising social inflation driving elevated casualty losses

Evercore ISI, an independent research and investment advisory firm, reports that casualty reserves remain under pressure across the US property & casualty (P&C) insurance market. Companies including CB, Berkshire, EG, SIGI, and CINF contin...

Posted: Dec 15, 2025

Enterprise Risk Associates secures $150m investment from Macquarie Capital

Enterprise Risk Associates, a US-based insurance brokerage platform that focuses on acquiring and partnering with independent insurance agencies, has announced an investment from Macquarie Capital Principal Finance, the financing and principal inv...

Posted: Dec 15, 2025

XPT Specialty appoints Liam Sole as AVP, Senior Underwriter

XPT Specialty, a wholesale broker for commercial and personal insurance, has announced the appointment of Liam Sole as Associate Vice President/Senior Underwriter of its Commercial Lines Division. In his new position, Sole will focus on property a...

Posted: Dec 15, 2025

US P&C industry reports $35bn nine-month underwriting gain: AM Best

According to a report from the credit rating agency AM Best, the US property and casualty (P&C) industry posted a net underwriting gain of $35 billion for the first nine months of 2025, a substantial increase from the $3.7 billion gain recorde...

Posted: Dec 12, 2025

Howden appoints Nick Stace as Chief Global Impact Officer

Howden, the global insurance and reinsurance broking group, has announced the appointment of Nick Stace OBE to the newly created role of Chief Global Impact Officer, effective January 2026. In his new role, Stace will lead and shape Howden’s strat...

Posted: Dec 12, 2025

Amynta Group completes acquisition of broker International Sureties

Insurance service provider Amynta Group has completed the acquisition of Global Surety, LLC, International Sureties Limited and International Sureties SARL, collectively known as International Sureties. Founded in 1972, International Sureties is a...

Posted: Dec 12, 2025

Amwins reports stabilising reinsurance rates amid abundant capacity and flexible high-layer coverage

Amwins, an independent wholesale distributor of specialty insurance products active across global reinsurance markets, offers an updated perspective on how conditions are shaping for the year ahead. This assessment draws on commentary from Jennife...

Posted: Dec 12, 2025