Reinsurance News

Lockton Re expands Capital Advisory capabilities with senior appointments

Lockton Re, the reinsurance business of insurance broker Lockton, has appointed Darsh Patel to lead Transaction Structuring and Reserving Analytics globally and Jack McGregor to lead Retrospective Reinsurance and Legacy Solutions for North America...

Posted: Nov 03, 2025

AM Best reports robust 2024 performance for Canada’s L/A insurance sector

AM Best, the credit rating agency, reported that Canada’s life and annuity (L/A) insurers delivered strong results in 2024. The sector benefited from record growth in new annualised premiums, along with increased revenue from assets under manageme...

Posted: Nov 03, 2025

Gallagher Re’s new framework to align APAC cyber reinsurance demand with global capacity

Global reinsurance brokerage Gallagher Re has launched an innovative framework designed to transform the cyber reinsurance landscape in the Asia Pacific (APAC) region. This initiative aims to align the growing demand for cyber reinsurance in APAC...

Posted: Nov 03, 2025

Ebix introduces ExposureHub to the US market

Ebix, a provider of insurance and financial technology solutions, announced the introduction of ExposureHub to the US market. The platform offers real-time exposure visibility and portfolio analytics for property, casualty, and specialty insurers,...

Posted: Nov 03, 2025

Legal System abuse drives decade-long surge in liability insurance losses: Triple-I

A new study by the Insurance Information Institute (Triple-I), an organisation providing data and analysis on insurance issues, and the Casualty Actuarial Society (CAS), a professional group for actuaries specialising in property and casualty insu...

Posted: Nov 03, 2025

Berkshire Hathaway posts $2.4bn Q3’25 underwriting earnings amid strong P&C reinsurance result

Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, generated improved year-on-year net underwriting earnings across its re/insurance operations of $2.4 billion for the third quarter of 2025 ($750m Q3’24), and $5.7 b...

Posted: Nov 01, 2025

AccuWeather estimates up to $52bn in economic losses from Hurricane Melissa

Hurricane Melissa, the first Cat 5 storm to make landfall in Jamaica’s history and among the strongest storms ever recorded in the Atlantic, has caused $48 billion to $52 billion in total damage and economic losses, according to AccuWeather’s prel...

Posted: Oct 31, 2025

SCOR sees opportunities to grow in US cat at 1/1: Jean-Paul Conoscente

Jean-Paul Conoscente, Chief Executive Officer of SCOR P&C, said the French reinsurer views the US catastrophe market as attractive, with opportunities to grow given the current level of price adequacy. During SCOR’s Q3 2025 results call, Conos...

Posted: Oct 31, 2025

US P&C market sees wave of growth in reciprocal insurance exchanges: ALIRT

Reciprocal insurance exchanges (RIEs) in the U.S. have seen a wave of growth as new entrants emerge to address capacity shortages in property markets, particularly across the southern coastal states, according to ALIRT Insurance Research. ALIRT’s...

Posted: Oct 31, 2025

Hamilton Insurance announces new Chair for HMA and HIDAC

Bermuda-based insurer and reinsurer, Hamilton Insurance Group, Ltd. has appointed Dymphna Lehane as Chair of Hamilton Managing Agency Limited (HMA) in the United Kingdom and Independent Non-Executive Director of Hamilton Insurance Designated Activ...

Posted: Oct 31, 2025

Nippon Life completes acquisition of Resolution Life

Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has confirmed the completion of its acquisition by Nippon Life Insurance Company, a Japanese life insurer. This follows the December 2024...

Posted: Oct 31, 2025

Hyperscalers a level of opportunity we haven’t seen before: Aon CEO Greg Case

The rapid advancement of data centre construction from the world’s hyperscalers is a “monumental” opportunity for re/insurance broking group Aon and the wider risk transfer industry. And while it’s still early days, Preside...

Posted: Oct 31, 2025

AM Best places IQUW Re credit ratings under review with positive implications

AM Best has placed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of IQUW Re Bermuda Limited (IQUW Re) (Bermuda) under review with positive implications. Additionally, the credit rating a...

Posted: Oct 31, 2025

Losses caused by Hurricane Melissa to reach single-digit billions USD in the Caribbean: Aon

With extensive damage from the impacts of Hurricane Melissa seen across the Caribbean, insurance and reinsurance broker Aon warns that total economic and insured losses could land in the single-digit billions of USD, and potentially higher after f...

Posted: Oct 31, 2025

Ryan Specialty to acquire Canadian MGU Stewart Specialty Risk Underwriting

International specialty insurance firm, Ryan Specialty, has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU) specialising in underwriting large-account, hi...

Posted: Oct 31, 2025

Canopius appoints John Tiesi as US Head of Financial Lines

Canopius Group, a global specialty and property & casualty re/insurer, has announced the appointment of John Tiesi as US Head of Financial Lines, effective October 29th 2025. In this role, Tiesi will lead the Financial Lines portfolio across C...

Posted: Oct 31, 2025

RGA’s Q3’25 net income rises 62% as net premiums dip

Reinsurance Group of America (RGA), a provider of life and health reinsurance, reported an improved net income available to shareholders of $253 million for the third quarter of 2025, up 62.2% from $156 million in the same period a year earlier. A...

Posted: Oct 31, 2025

WCL launches digital platform for Treaty risk placement in Bermuda

Web Connectivity Limited (WCL), a Zywave company, has announced the launch of its industry-first enhanced digital platform for Treaty risk placement in Bermuda. The WCL enabledPlacing platform streamlines the submission process by consolidating tr...

Posted: Oct 31, 2025

Arthur J. Gallagher & Co. posts revenue increase of 20% to $3.32bn for Q3’25

Insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of $3.32 billion for the third quarter of 2025, compared to $2.8 billion in Q3’24, as the core brokerage and risk management segments combined de...

Posted: Oct 31, 2025

AXA XL Re names Dan McCrosson as Senior Underwriter US Property Treaty

AXA XL Reinsurance, the P&C and specialty risk division of global insurer AXA, has announced the appointment of Dan McCrosson as Senior Underwriter, US Property Treaty, effective October 20th 2025. In his new role, McCrosson joins AXA XL Re’s...

Posted: Oct 31, 2025

Aon Reinsurance Solutions delivers 8% organic revenue growth to $537m for Q3’25

Insurance and reinsurance broking firm Aon recorded organic revenue growth of 7% to $4 billion for the third quarter of 2025, with a strong performance across the business, including at Reinsurance Solutions which saw organic revenue growth of 8%...

Posted: Oct 31, 2025

SiriusPoint’s Q3’25 underwriting income rises 11% on lower cat losses

Bermuda-based insurer and reinsurer SiriusPoint Ltd. reported core underwriting income of $69.6 million in the third quarter of 2025, up 11.4% from $62.5 million in the same period a year earlier, as growth in Insurance & Services income more...

Posted: Oct 31, 2025

Serene Chiam joins UIB Asia Treaty & Retro Division as Director

United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has announced the appointment of Serene Chiam as Director – Broking Support, within the Treaty & Retro Division, UIB Asia. Based in Singapore, Chi...

Posted: Oct 31, 2025

The Fidelis Partnership launches Syndicate 2126, backed by Blackstone

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has launched Syndicate 2126 in partnership with funds managed by Blackstone, an alternative asset manager, following in-principle approval from the specialist Llo...

Posted: Oct 31, 2025

Enact gets $170m of additional XOL reinsurance for 2027 book year

Enact Mortgage Insurance Corporation, the flagship legal entity of private mortgage insurance firm, Enact Holdings, Inc., has secured roughly $170 million of additional excess of loss (XOL) reinsurance as part of its diversified credit risk transf...

Posted: Oct 31, 2025