Reinsurance News

White Mountains sells majority stake in insurtech Bamboo to CVC

White Mountains, a Bermuda-domiciled financial services holding company, has announced it has agreed to sell most of its ownership in Bamboo, a data-enabled insurance distribution platform, to funds advised by CVC. The deal, which values Bamboo at...

Posted: Oct 03, 2025

TWIA to face lower reinsurance demand in 2026 as Texas eases funding rules

The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requir...

Posted: Oct 03, 2025

TWIA’s 2026 reinsurance requirement could decline significantly as Texas eases funding rules

The Texas Windstorm Insurance Association (TWIA) has announced that its required reinsurance for the 2026 wind season could fall significantly to $2.3 billion, after recent legislative changes in Texas halved the state-mandated loss funding requir...

Posted: Oct 03, 2025

Coface expands leadership and presence in Latin America with new hires

Coface, a company providing credit insurance and risk management solutions, is strengthening its operations in Latin America with the appointment of new regional leaders. The moves support the company’s growth strategy in credit insurance, commerc...

Posted: Oct 03, 2025

Light hurricane season offers profit boost for reinsurers: J.P. Morgan

There could be a material upside for reinsurers’ profits if the remainder of the 2025 Atlantic hurricane season remains light, according to a recent report by J.P. Morgan. With Q3 now complete, the period is expected to have been very good f...

Posted: Oct 03, 2025

Global Indemnity subsidiary launches inaugural reinsurance MGA

Penn-America Underwriters (PAU), a subsidiary of Global Indemnity Group (GBLI), is launching its inaugural reinsurance managing general agency (MGA) in partnership with George Dragonetti, who will also serve as President of the new unit. For those...

Posted: Oct 03, 2025

RenRe and subsidiaries get positive outlooks from AM Best

Credit ratings agency AM Best has revised the outlooks of Renaissance Reinsurance Ltd. (RenRe) and its subsidiaries to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs), and affirmed the Financial Strength Rating (FSR)...

Posted: Oct 03, 2025

Brown & Brown introduces leadership changes in Retail segment

Brown & Brown, the insurance brokerage firm, has introduced a series of leadership changes within its Retail segment. The updates are part of the company’s broader effort to strengthen integration following the acquisition of Risk Strategies a...

Posted: Oct 03, 2025

Howden acquires North Wales-based insurance broker Gott & Wynne

Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gott & Wynne Limited (Gott & Wynne), a general insurance broker based in Llandudno, North Wales. Led by Barry Wynne, Michael Clough, and Steven Go...

Posted: Oct 03, 2025

Lloyd’s to enhance oversight of legacy transactions

Lloyd’s, the specialist insurance and reinsurance marketplace headquartered in London, has introduced new oversight measures for legacy reinsurance transactions. These changes, effective from 2025, strengthen the pre-transaction review process to...

Posted: Oct 03, 2025

Brokerslink adds Icelandic broker Afkoma to its global network

Brokerslink, a global broking business, has announced the addition of Afkoma, an Icelandic insurance brokerage, to its international network. The move extends the network’s global reach, marking the first time an Icelandic firm has joined Brokersl...

Posted: Oct 03, 2025

mea Platform names Rachel Watts as COO to drive AI product expansion

mea Platform, a provider of intelligent re/insurance processing technologies, has appointed Rachel Watts as Chief Operations Officer (COO). Watts has over two decades of client implementation experience spanning re/insurance and financial services...

Posted: Oct 03, 2025

Autonomous: European insurers gain from lower than expected cat losses in Q3

Autonomous, the research arm of AllianceBernstein known for its independent analysis of the financial sector, has extended its recent work on reinsurers to examine the impact of this year’s benign catastrophe environment on major European primary...

Posted: Oct 03, 2025

Robin Gordon joins Hippo as Chief Data Officer

Hippo, a home insurance firm, has announced the appointment of data and artificial intelligence (AI) expert Robin Gordon as its new Chief Data Officer. In her new role, Gordon will lead the strategic growth and evolution of the company’s Data &#38...

Posted: Oct 03, 2025

S&P Global Ratings upgrades SiriusPoint outlook to positive

Credit rating agency S&P Global Ratings has upgraded its outlook on SiriusPoint Ltd. and its operating subsidiaries from Stable to Positive. The upgrade reflects the Company’s consistent underwriting profits over the past two and a half years...

Posted: Oct 03, 2025

The Fidelis Partnership promotes Billy Ayres to Head of Crisis Management

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has promoted Billy Ayres to Head of Crisis Management, where he will oversee the Terrorism and Contingency teams. Ayres will leveraging his expertise in specialty...

Posted: Oct 03, 2025

S&P assigns ‘A’ rating to BWS’ North End Re Ltd. (Bermuda)

S&P Global Ratings has assigned a ‘A-‘ financial strength and long-term issuer credit ratings, with a stable outlook, to North End Re Bermuda Ltd. (NERB), a Bermuda-based entity of Brookfield Wealth Solutions (BWS). NERB is considered to...

Posted: Oct 03, 2025

Howden names Carol Murphy as Head of US Casualty

Howden US, part of the global insurance and reinsurance broking group, has appointed Carol Murphy as Head of its US Casualty operation. Murphy is an industry veteran and brings a proven track record of translating complex risk challenges into acti...

Posted: Oct 03, 2025

9 in 10 businesses interested in insurance for Gen-AI-related risks: GA

Over 90% of businesses worldwide have expressed interest in insurance coverage for Generative AI (Gen AI) risks, with two-thirds willing to pay at least 10% higher premiums for such coverage, according to a new report by the Geneva Association. Th...

Posted: Oct 02, 2025

Aon appoints Srivastava as Global Chief Broking Officer for Reinsurance

Aon, a global insurance and reinsurance broking group, has announced the appointment of Anshuman Srivastava as its new Reinsurance Global Chief Broking Officer, a London-based role. In his new role, Srivastava will continue to collaborate with rei...

Posted: Oct 02, 2025

Vantage promotes Krista Robinson to Chief Risk Officer

Vantage Group Holdings Ltd., a specialty insurer and reinsurer, has announced the promotion of Krista Robinson to Chief Risk Officer. Robinson succeeds Peter Skerlj, who is retiring after more than 25 years in the industry, including nearly three...

Posted: Oct 02, 2025

Aktia Life Insurance launches SCOR’s Velogica in Finland

SCOR Digital Solutions has announced the launch of Velogica, its cloud-based automated underwriting solution, with its strategic partner Aktia Life Insurance in Finland. Built on SCOR’s proprietary risk expertise and powered by dynamic questionnai...

Posted: Oct 02, 2025

At-Bay reveals new cyber insurance solutions for ransomware and financial fraud

At-Bay, a provider of cybersecurity-driven insurance solutions, has launched two new offerings aimed at giving mid-market and small businesses stronger protection against ransomware and financial fraud. The solutions combine enterprise-grade manag...

Posted: Oct 02, 2025

Achmea, Lifetri, and Sixth Street launch major pension and life insurance partnership

Dutch insurance provider Achmea, technology-driven insurer Lifetri, and investment firm Sixth Street have finalised a strategic partnership in the pension and life insurance sector. Initially announced in November 2024, the collaboration has now r...

Posted: Oct 02, 2025

DUAL UK secures five-year Zurich-led capacity deal

DUAL UK has announced a five-year capacity deal led by global insurer Zurich, along with Liberty and other A-rated capacity providers to support its new regional Commercial Combined product. The new product is aimed at the £10,000 – £50,000 premiu...

Posted: Oct 02, 2025