Reinsurance News
Global reinsurance company Fortitude Re has announced that Fortitude Life Insurance & Annuity Company (FLIAC) has entered the funding agreement backed notes market with an inaugural $500 million issuance. The move is a strategic step to divers...
Posted: Oct 01, 2025
Verisk, a provider of data analytics and technology solutions for the insurance, energy, and financial sectors, has introduced XactAI, a new suite of artificial intelligence tools aimed at improving the efficiency and consistency of property claim...
Posted: Oct 01, 2025
Nascent Group, a Bermuda-based insurance service provider, has announced the appointment of Bellal Rahman, formerly of Catalina Life Re, as Senior Vice President (SVP). In his new role, Rahman will oversee a portfolio of reinsurance and insurance...
Posted: Oct 01, 2025
Tokio Marine GX (TMGX), a specialist insurer evolving from renewables underwriter GCube Insurance, has issued a stark warning about a growing “protection gap” in the insurance market that threatens the success of the global green transition. Drawi...
Posted: Oct 01, 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fourth industry loss estimate for the ice storm that affected Ontario and Quebec from March 28 to 31, 2025, raising losses to CAD 490...
Posted: Sep 30, 2025
There has been a surge in new specialty carrier launches since 2018, many established to take advantage of an attractive pricing environment and the perceived growth of permanent niche underwriting opportunities, according to a recent study by ALI...
Posted: Sep 30, 2025
A US government shutdown would quickly ripple through the economy and create challenges for the insurance industry, with the extent of the fallout depending on how long it lasts, according to a new analysis from AM Best, the credit rating agency....
Posted: Sep 30, 2025
Managing general agent (MGA) platform Blue Ocean Reinsurance Group has announced the appointment of Sefani Busby-Thornhill as Senior Vice President (SVP) and Account Executive. Busby-Thornhill brings more than 10 years of experience in alternative...
Posted: Sep 30, 2025
Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, alongside specialty insurer Accredited, have completed the reinsurance program supporting the launch of their new E&S Signature program. This reinsurance placement...
Posted: Sep 30, 2025
Zurich North America has announced the appointment of Matthew Moore as Executive Vice President – Head of Group Captives. In his new role, Moore will be based in Chicago and report to Alex Wells, EVP & Head of Middle Market at Zurich Nor...
Posted: Sep 30, 2025
Howden, the global insurance and reinsurance broking group, has secured funding under the UK Space Agency’s ‘Unlocking Space for Business Grant Call 2’ to develop an advanced biodiversity risk monitoring solution powered by satellite data and arti...
Posted: Sep 30, 2025
Howden, the insurance broker, has appointed Mark Peterson as Head of its Construction, Infrastructure and Surety practice in the United States. In this role, Peterson will be responsible for building the practice and developing a comprehensive sol...
Posted: Sep 30, 2025
Increased competition and stagnating demand, especially in the US, are decelerating the pace of premium growth in the global cyber insurance market for the second year in a row, Moody’s said in a new report. Citing Munich Re data, Moody’s sa...
Posted: Sep 30, 2025
Ambac Financial Group has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management for $420 million in cash. The cash sale of Ambac...
Posted: Sep 30, 2025
The Fidelis Partnership (TFP) has announced the launch of a new managing general agent (MGA), Corsiam Specialty Limited, which will focus on underwriting a broad portfolio of global Accident & Health (A&H) insurance and reinsurance busines...
Posted: Sep 30, 2025
The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu,...
Posted: Sep 30, 2025
The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu,...
Posted: Sep 30, 2025
Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has announced the appointment of Jeff Davies as Chief Financial Officer (CFO), effective 2nd March 2026. Davies will provide strategic di...
Posted: Sep 30, 2025
International insurance group Ageas has completed its acquisition of esure from Bain Capital for a total consideration of £1.295 billion. Initially announced in April 2025, Ageas confirmed that all necessary regulatory approvals have now been obta...
Posted: Sep 30, 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Clarice Francis as Operations Manager for War and Terrorism. In this role, Francis will focus on enhancing operational efficiency within the Internatio...
Posted: Sep 30, 2025
Global specialty insurer and reinsurer SiriusPoint has agreed to sell its wholly owned supplemental health insurance program manager, ArmadaCare, to Ambac Financial Group for $250 million, while continuing its capacity partnership with Armada unti...
Posted: Sep 30, 2025
Lloyd’s, the world’s oldest insurance and reinsurance market for global risk, and Ireland’s Department of Finance, have strategically partnered to foster insurtech innovation, strengthen market resilience, and promote Irish expertise globally. Thi...
Posted: Sep 30, 2025
QBE North America, a provider of commercial insurance solutions, has announced the appointment of Jayne Cunningham as Senior Vice President and Environmental Underwriting Leader, reporting to Dan Fortin, President of Specialty Insurance. Based in...
Posted: Sep 30, 2025
The Insurance Institute of London, the largest of the Chartered Insurance Institute’s local institutes and a centre for learning and networking within the London market, has confirmed the election of Richard Dudley ACII, Chartered Insurer, as Pres...
Posted: Sep 30, 2025
Although chemical, biological, radiological, and nuclear (CBRN) risks remain rare, a sizeable protection gap leaves individuals, businesses, and governments exposed to major incidents, according to a joint report by the Geneva Association and the...
Posted: Sep 30, 2025