Reinsurance News

Optio strengthens position in Italian MGA market with Heca acquisition

Optio Group, a specialty managing general agent (MGA), has acquired the remaining 75% stake in Italian MGA Heca S.r.l (Heca); financial details were not disclosed. This transaction gives Optio full ownership of Heca, further strengthening its posi...

Posted: Jan 20, 2026

Willis appoints Alex Benson as Head of Construction and Natural Resources Claims in Asia

WTW subsidiary, Willis, has confirmed the appointment of Alex Benson as Head of Construction and Natural Resources Claims for Asia, with the role commencing on 6 April 2026. Operating from Singapore, Benson will join the regional leadership team a...

Posted: Jan 20, 2026

Gryphon to acquire specialty commercial lines carrier PrimeOne

Gryphon Holdings, an insurance and financial services solutions innovator, has entered into a definitive agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier, in an undisclosed transaction. PrimeOne...

Posted: Jan 20, 2026

Howden Hong Kong announces key team appointments

Howden, a global insurance and risk solutions firm, has expanded its Hong Kong team with several strategic appointments, reflecting its focus on client service and long-term growth. Cyrus Cheung, ACII, joins as Senior Director, Business Developmen...

Posted: Jan 20, 2026

Strong premium growth set to lift profitability in India’s insurance sector: Moody’s

Moody’s Ratings, the credit rating agency, expects India’s insurance industry to benefit from sustained premium growth over the medium term, supporting an improvement in profitability. In Moody’s view, this growth is being driven by strong economi...

Posted: Jan 19, 2026

Mosaic bolsters NA & Intl. transactional tax-liability teams

As a response to increased sector demand, Mosaic Insurance, a specialty insurer concentrating on cyber risk and financial institutions, has bolstered its North America and International transactional tax-liability teams. This expansion includes th...

Posted: Jan 19, 2026

Parametric provider CelsiusPro partners with ECOM to assist Indonesian farmers

CelsiusPro Group, a provider of parametric insurance solutions for climate risks, has partnered with ECOM Agroindustrial Corp Ltd., a soft-commodities services group specialising in coffee, cocoa and cotton, to provide Indonesian farmers exposed t...

Posted: Jan 19, 2026

Ageas expects profit boost thanks to China JV performance

International insurance group Ageas has updated its Net Operating Result guidance as it is now expecting to make significantly more profit in 2025 than originally forecasted thanks to a tax change in China. The updated guidance range is now set be...

Posted: Jan 19, 2026

Zurich submits improved proposal to acquire 100% of specialist insurer Beazley

Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer Beazley after the latter’s Board rejected a previous proposal they felt significantly undervalued the firm. On January 4...

Posted: Jan 19, 2026

Westfield Specialty Intl. names Radbourne as Class Underwriter for Power and Onshore Renewables

Westfield Specialty International, a re/insurance provider, has appointed Matthew Radbourne as Class Underwriter for Power and Onshore Renewables, based in London, Radbourne will report to Jon Hamilton, Divisional Director, Marine and Energy. Hami...

Posted: Jan 19, 2026

WWF warns nature loss is widening protection gap in advanced economies

The World Wide Fund for Nature (WWF), an international conservation organisation working on environmental protection and sustainable development, has published a new white paper titled “Tackling the Insurance Protection Gap: leveraging climate and...

Posted: Jan 19, 2026

Kim Schumacher promoted to Head of General Property in Germany at Berkshire (BHSI)

Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, has recently announced the promotion of Kim Schumacher to Head of General Property in Germany. Schumacher joined BHSI in 2024 as a Senior Property U...

Posted: Jan 19, 2026

Fitch predicts further re/insurance softening in 2026, but ROEs to stay strong

The insurance and reinsurance market is expected to experience further softening in 2026, yet profitability is to remain robust, with returns on equity (ROEs) remaining above the industry’s cost of capital, Fitch Ratings notes in a recent report....

Posted: Jan 19, 2026

Munich Re’s NewRe appoints Sascha Brehm to its Board of Directors

New Reinsurance Company Ltd. (NewRe), a Swiss reinsurer and part of the Munich Re Group, has announced the appointment of Dr. Sascha Brehm to its Board of Directors, effective 16th January 2026. Brehm succeeds Markus Hummel, who stepped down after...

Posted: Jan 19, 2026

Cyber reinsurance buyers benefit from favourable supply dynamics at 1/1: Howden Re

According to global reinsurance broker Howden Re, buyers of cyber reinsurance benefitted from favourable supply dynamics at the January 1st, 2026, renewals, supported by strong competition and a manageable loss environment. Although there were sev...

Posted: Jan 19, 2026

Amiga Specialty expands transactional risks offering with IGI and Lloyd’s capacity

Amiga Specialty, an independent international Managing General Agent (MGA), has secured new capacity for its UK and European Transactional Risks team, supported by IGI and Lloyd’s. The additional capacity strengthens Amiga Specialty’s ability to s...

Posted: Jan 19, 2026

Allianz invests in Wrisk as part of Series B funding to accelerate embedded automotive insurance gro...

Wrisk Limited, a digital insurance platform focused on embedded insurance for the automotive industry, has confirmed a strategic investment from Allianz Holdings plc. The investment forms part of Wrisk’s recently announced Series B funding round,...

Posted: Jan 19, 2026

Saudi Re opens GIFT City branch following India’s regulatory reforms

Saudi Re has obtained the approvals from Saudi Arabia’s Insurance Authority and the relevant Indian authorities to open a branch in India’s Gujarat International Finance Tec-City (GIFT City). Saudi Re, which has been active in the Indian market fo...

Posted: Jan 19, 2026

Re/insurance crucial in driving India towards its economic objectives: DFS

Addressing the third edition of the IFSCA–IRDAI–GIFT City Global Reinsurance Summit in Mumbai, Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), said India is on the verge of transformative growth in its re/insurance sector, des...

Posted: Jan 19, 2026

QBE Re names Steven Liu as Head of Greater China

QBE Re, the reinsurance arm of global insurer QBE, has appointed Sven Liu as Head of Greater China, who brings more than 16 years of international reinsurance experience across Asia and Europe. Liu is a seasoned multi-line underwriter and has held...

Posted: Jan 19, 2026

QBE Re names Sven Liu as Head of Greater China

QBE Re, the reinsurance arm of global insurer QBE, has appointed Sven Liu as Head of Greater China, who brings more than 16 years of international reinsurance experience across Asia and Europe. Liu is a seasoned multi-line underwriter and has held...

Posted: Jan 19, 2026

AIG to leverage CVC’s investment expertise in new strategic partnership

AIG and CVC have partnered support AIG’s long-term investment goals, including the creation of large-scale separately managed accounts across CVC’s credit strategies and the launch of CVC’s private equity secondaries evergreen platform with AIG as...

Posted: Jan 19, 2026

India’s insurance market set for strong mid-term expansion: Swiss Re

According to Swiss Re, a global reinsurer, India’s insurance market is poised for a period of robust growth, outpacing other major markets over the next five years. Swiss Re’s report, “India’s economic and insurance market outlook 2026...

Posted: Jan 19, 2026

Chubb appoints Cherry Gao as Head of Major Accounts & Global Broking, Singapore

Large US insurer Chubb has announced the appointment of Cherry Gao as Head of Major Accounts & Global Broking, Singapore, effective 19th January 2026. Gao brings nearly 20 years of regional and multinational experience spanning underwriting, b...

Posted: Jan 19, 2026

Gallagher Bassett EME&A targets technology investment and geographic expansion in 2026

As a provider of claims management and risk services within the Arthur J. Gallagher group, Gallagher Bassett supports insurers and corporates across multiple industries and regions, and is entering 2026 with a clear focus on expansion, integration...

Posted: Jan 19, 2026