Reinsurance News
As the US commercial property and casualty (P&C) insurance market is experiencing significant softening across most sectors, as of Q3 2025, US casualty lines remain an exception, with rates continuing to rise, Morningstar DBRS highlights in a...
Posted: Feb 05, 2026
London-based Volt Underwriting, a Lloyd’s approved coverholder, has partnered with Novee to deploy its AI intelligence layer across its Power & Renewables portfolio. The partnership is designed to enhance underwriting efficiency by providing u...
Posted: Feb 05, 2026
S&P Global Ratings expects most reinsurers to remain well within their annual natural catastrophe budgets and deliver solid results for full-year 2025, noting that the sector is on track to exceed its cost of capital for the third consecutive...
Posted: Feb 05, 2026
Jim Williamson, President and Chief Executive Officer (CEO) of Everest Group, has praised the excellent job of the firm’s reinsurance team in navigating a more challenging market at the January 1st renewals, while also stating that the reins...
Posted: Feb 05, 2026
Ryan Specialty, an international specialty insurance firm, has appointed Stephen Stewart, President & CEO of Stewart Specialty Risk Underwriting, a Ryan Specialty managing general underwriter (MGU), to the additional role of CEO of Ryan Specia...
Posted: Feb 05, 2026
Marco Capital Holdings Limited, a European P&C insurance run-off group, has completed its acquisition of Stewart Title Europe Limited, a Malta-based insurer. The transaction, which was first announced in December last year, has now received al...
Posted: Feb 05, 2026
The January 1, 2026, North American Surety renewals proceeded in an orderly manner, marked by renewed appetite from incumbents and the emergence of new market players, according to Gallagher Re. Despite lingering economic uncertainties, the market...
Posted: Feb 05, 2026
Marsh Risk, the insurance broking arm of Marsh, has appointed James Crask to the newly created role of Global Supply Chain Practice Leader, based in London. In his role, Crask will combine Marsh Risk’s existing supply chain insurance and risk cons...
Posted: Feb 05, 2026
Markel Group reported that its insurance business, Markel Insurance, reported a hike of 3% in underwriting gross premium volume for the fourth quarter of 2025 to $2.32 billion from $2.25 billion a year earlier, while for the full year 2025, the in...
Posted: Feb 05, 2026
The Allstate Corporation published its financial results for the fourth quarter of 2025, reporting $17.3 billion in total revenues, 5.1% higher than the prior year quarter, and a net income of $3.8 billion, which compares to the $1.9 billion seen...
Posted: Feb 05, 2026
BDO, a provider of professional services, has expanded its global footprint with the official launch of BDO Bermuda, enhancing its ability to serve clients with Bermuda-domiciled structures. This expansion underscores BDO’s commitment to deliverin...
Posted: Feb 05, 2026
ACORD, the global standards-setting body for the insurance industry, has appointed Yolanda Austin as Vice President (VP) of Standards Engagement and Clarissa Montecillo as Managing Director (MD), ACORD UK. The two appointments underscore the organ...
Posted: Feb 05, 2026
While the London Market has doubled in size over the past decade to $187 billion in GWP and contributes £61 billion to UK GDP, some smaller jurisdictions have reportedly grown faster in recent years, highlighting, according to the London Market Gr...
Posted: Feb 05, 2026
Canopius Group, a global specialty and property & casualty re/insurer, has announced the appointment of Adrian Phipps as Chief People Officer, effective June 2026. Phipps will succeed Chief Human Resources Officer Barbara Turner, who will reti...
Posted: Feb 05, 2026
Bermuda-based reinsurance company, RenaissanceRe (RenRe), expects the supply demand dynamics in property catastrophe that played out at the January 1st renewals to persist into the mid-year renewals, but believes that the robustness of rate adequa...
Posted: Feb 05, 2026
Beazley Bermuda Insurance Limited (BBIL), the London-domiciled specialist insurer and reinsurer’s new Bermuda entity, has been assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) by credit...
Posted: Feb 05, 2026
Everest has reported net income of $1.59 billion for 2025, up from $1.37 billion in 2024, while net investment income climbed to a record $2.1 billion, as the group sharpened its underwriting focus and streamlined its business. The firm also poste...
Posted: Feb 05, 2026
HIVE Underwriters, an independent specialty managing general agent (MGA), is strengthening its new Marine specialty underwriting team with two new appointments: Alistair Marriott as Head of Marine, and Jared Short as Head of Transportation and Log...
Posted: Feb 05, 2026
Relm Insurance, an insurer focused on emerging industries, has announced the appointment of three senior executives to its leadership team: Becky Vernon as Chief Legal Officer, Henry Paddison as Chief Operating Officer, and Shane Doyle as Chief Un...
Posted: Feb 05, 2026
Hannover Re reported that its total renewed premium volume in traditional property and casualty reinsurance increased by 3.3% to €10.535 billion at the January 1, 2026 renewals, despite a highly competitive market environment. The reinsurer noted...
Posted: Feb 05, 2026
Marsh Risk, the insurance broking arm of Marsh, has announced the appointment of Roberto Pinto as International Affinity Leader, effective 23 February 2026. In his new role, Pinto will oversee the development of Marsh’s affinity business acr...
Posted: Feb 05, 2026
Meiji Yasuda Group, a Japanese life insurance company, has completed the acquisition of Banner Life Insurance Company and William Penn Life Insurance Company of New York (the Banner Life family of companies) for approximately $2.3 billion. The acq...
Posted: Feb 05, 2026
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has announced the promotion of Chris Polechronis to Head of Financial Institutions in the U.S. Based in New York, Polech...
Posted: Feb 05, 2026
The rapid global build-out of data centres is a great investment opportunity that also comes with headwinds, but global insurer Chubb’s capabilities in this area are extremely broad, Evan Greenberg, CEO, highlighted during the company’...
Posted: Feb 04, 2026
Somerset Reinsurance Ltd., a provider of asset-intensive reinsurance solutions to the life and annuity market, has hired Steve Belcher from MetLife as its new Chief Financial Officer (CFO), while Joelina Redden has also joined the firm, as Chief L...
Posted: Feb 04, 2026