Reinsurance News

Al Wathba Insurance secures access to Lloyd’s of London

Al Wathba Insurance has become the first UAE-based insurer to secure access to the Lloyd’s of London market via the London Bridge 2 PCC structure. This strategic move, finalised through Cell 27 of the London Bridge 2 PCC, an insurance-linked secur...

Posted: Dec 22, 2025

Long-term perspective to guide Everest through future cycles: Beggs

Everest’s Jill Beggs has said that in 2026 her firm will continue to seize emerging opportunities while delivering strategically and economically sustainable outcomes, with its long-term, disciplined perspective having guided the company thr...

Posted: Dec 22, 2025

MAPFRE restructures asset management company

Spanish insurance company MAPFRE has announced it is restructuring MAPFRE AM, its asset management company, by creating new departments and redefining responsibilities. As part of this move, MAPFRE has created a strategic project development and i...

Posted: Dec 22, 2025

PointBridge and Aspen launch admitted physicians professional liability program

PointBridge, a managing general underwriter (MGU) specialising in professional liability insurance, has partnered with re/insurer Aspen to launch a new admitted physicians medical malpractice program. The new professional liability program for phy...

Posted: Dec 22, 2025

BMS appoints Charlie Emkes as Director of Commercial D&O

BMS, an independent insurance and reinsurance broker, has announced the appointment of Charlie Emkes to the newly created role of Director of Commercial Directors and Officers (D&O) Solutions, effective January 2026. In his new role, Emkes wil...

Posted: Dec 22, 2025

AM Best places Vantage ratings under review following HHH acquisition

AM Best has placed Vantage Risk Ltd. (Bermuda) and its affiliates’ credit ratings under review with developing implications, following the announcement that Howard Hughes Holdings (HHH) will acquire Vantage Group from Carlyle and Hellman & Fri...

Posted: Dec 22, 2025

Permira and Warburg Pincus-led investor group acquires Clearwater for $8.4bn

Clearwater Analytics (CWAN) has agreed to be acquired by an investor group led by Permira and Warburg Pincus, with participation from Temasek, in a transaction valued at approximately $8.4 billion. The deal also has key support from Francisco Part...

Posted: Dec 22, 2025

Pinpoint obtains Lloyd’s of London coverholder approval

Pinpoint UK Solutions Ltd, part of AM Specialty Insurance Group (ASIG), has received Lloyd’s of London approval to operate as an authorised coverholder, strengthening its UK and London Market presence and enabling direct access to Lloyd’s via a lo...

Posted: Dec 22, 2025

Canada Life completes £189m pension buy-in for healthcare sector scheme

Canada Life, an insurance and financial services company, has completed a full-scheme buy-in transaction worth £189 million with an unnamed pension scheme in the healthcare sector. This deal successfully secures the future retirement benefits of o...

Posted: Dec 22, 2025

Insurance agents prioritise real-time data over traditional workflows: Ivans

Real-time risk appetite information is the number one factor influencing carrier selection, signalling a move away from legacy priorities like policy downloads, according to Ivans’ 2025 Insurance Agency-Carrier Connectivity Trends survey report. “...

Posted: Dec 22, 2025

India’s reinsurance sector on the verge of a surge in 2026: Howden’s Singhal

India’s reinsurance sector is poised for significant growth in 2026, fueled by government initiatives, the issuance of new insurance licences, and the emergence of GIFT City as a pioneering financial hub, according to Prateek Singhal, Executive Pr...

Posted: Dec 22, 2025

Everest names Carter as Head of NA Re Claims as Parker takes over as Head of Intl. Re Claims

Global insurance and reinsurance company, Everest Group, has named Tim Carter as Head of North America Reinsurance Claims, and James Parker as Head of International Reinsurance Claims. Carter has been with Everest Reinsurance Company since March 2...

Posted: Dec 19, 2025

Gallagher Re appoints Harrison Pepper Executive Director for Marine and Energy

Global reinsurance brokerage Gallagher Re has announced that Harrison Pepper will be joining its UK-Business as an Executive Director for Marine and Energy. Pepper is joining the company from rival broker Guy Carpenter, where he served as Senior V...

Posted: Dec 19, 2025

Marco completes acquisition of Dublin-based Benteler Re

European P&C insurance run-off group Marco Capital Holdings has completed its previously announced acquisition of Dublin-based Benteler Re from Benteler Group. Incorporated in January 2003, Benteler Re is a non-life insurance Captive in run-of...

Posted: Dec 19, 2025

Marsh McLennan appoints Mathews as Global Digital Infrastructure Leader

Marsh McLennan has named Mike Mathews as its Global Digital Infrastructure Leader, where he will leverage the firm’s combined expertise in risk, capital, and advisory solutions to serve clients in the rapidly growing sector. Mathews joined M...

Posted: Dec 19, 2025

S&P cites strengthened competitive position as Lancashire ratings upgraded to ‘A’

Bermuda-based global insurer and reinsurer, Lancashire Holdings Limited, has reported that rating agency S&P Global Ratings has lifted its long-term issuer credit and financial strength ratings on the firm’s core re/insurance operating s...

Posted: Dec 19, 2025

London Market faces pivotal moment for industry’s future: Guidewire’s McDonnell

As the global insurance industry enters 2026, the London Market is standing at a critical crossroads, with Lloyd’s of London under mounting pressure to redefine its strategic direction following significant leadership transitions – including...

Posted: Dec 19, 2025

Pazmino named EVP, Head of Marine, Chubb Overseas General Insurance

Xavier Pazmino has been appointed as Executive Vice President, Head of Marine, for Chubb Overseas General Insurance (COG), Chubb’s international general insurance operations, effective February 2026. Pazmino, who succeeds Andrew Williamson i...

Posted: Dec 19, 2025

AM Best upgrades Arch on diversification and outperformance

AM Best has upgraded Arch Capital Group and its subsidiaries’ ratings, citing the firm’s strong operating performance and a proven track record of delivering superior underwriting results and investment returns, even during softer market condition...

Posted: Dec 19, 2025

Pinkerton joins Previsico as Chief Technical Officer

Previsico, a flood forecasting and real-time flood risk intelligence platform provider, has appointed Mark Pinkerton as Chief Technical Officer (CTO). In his new role, Pinkerton will oversee the company’s global technology strategy, product develo...

Posted: Dec 19, 2025

Primary casualty rates rise but reinsurance pricing remains flat: TD Cowen

TD Cowen, an investment bank and financial services firm, has shared key observations on the casualty market from recent meetings in Bermuda with reinsurance participants. According to analysts, primary casualty appears to still be successfully in...

Posted: Dec 19, 2025

Farmers secures $400m indemnity-based coverage through new cat bond

Farmers Insurance Exchange and its subsidiaries and affiliates, collectively known as the Farmers Insurance Group, have closed a $400 million catastrophe bond, providing indemnity-based coverage that complements their traditional catastrophe reins...

Posted: Dec 19, 2025

Gallagher Re hires Martin Hughes to lead new Captives Risk Transfer team

Global reinsurance broker Gallagher Re has announced the launch of a new dedicated Captive Risk Transfer team within its Global Facultative practice, which will be led by Martin Hughes as Executive Vice President, Captives, effective January 1, 20...

Posted: Dec 19, 2025

Reinsurers must monitor for any T&Cs slippage amid late Jan 1 renewal: Brit’s Sullivan

Amid a “very late” January 1 renewal this year, reinsurers need to remain vigilant and monitor for any terms and conditions (T&Cs) slippage, according to Jon Sullivan, Group CUO at Brit Insurance. As the market approaches the January 1 deadlin...

Posted: Dec 19, 2025

AIG partners with Amwins and Blackstone to launch new Lloyd’s syndicate

AIG, in partnership with Amwins and funds managed by Blackstone, is launching a new Lloyd’s syndicate, Syndicate 2479, featuring a novel structure that brings together a specialty distributor, an insurer and a Lloyd’s platform backed by third-part...

Posted: Dec 19, 2025