Reinsurance News
Global dedicated reinsurance capital is projected to climb to an unprecedented $649 billion in 2025, according to estimates from AM Best and Guy Carpenter. As readers will see from the image below, the anticipated 2025 figure would surpass the pre...
Posted: Aug 15, 2025
Blenheim Underwriting, a specialist managing general agent (MGA) and Lloyd’s coverholder, has appointed Alex Stratton-Thomsett as Casualty Underwriter, effective 8 January 2026. In his new role, Stratton-Thomsett will collaborate with David Barber...
Posted: Aug 15, 2025
Equitable Holdings, a financial services company specialising in retirement, wealth management, and protection solutions, has recently announced that it has completed a major strategic transaction aimed at substantially reducing its exposure to mo...
Posted: Aug 15, 2025
Kalepa, a company specialising in underwriting technology solutions, has entered into an agreement with an affiliate of W. R. Berkley Corporation, a commercial lines insurance provider in the United States. The agreement will broaden the use of Ka...
Posted: Aug 15, 2025
Ivans, a division of Applied Systems, has released the July 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year across all major commercial lines of business except Workers’ Compensation. Month over...
Posted: Aug 15, 2025
Marsh, an insurance broker and risk advisor under Marsh McLennan, has introduced BrokerSafe, an insurance facility aimed at US freight brokers seeking access to auto liability coverage in a market where options have become more limited and costly....
Posted: Aug 15, 2025
Orion180, a provider of insurance solutions, and Neural Earth Inc., a company specialising in AI-based geospatial risk analytics, have announced a partnership aimed at improving how homeowners insurance risks are assessed, priced, and managed. As...
Posted: Aug 15, 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced a number of strategic appointments within its energy division aimed at bolstering its power and renewables offering. Alex Nelson has joined the energy team as U...
Posted: Aug 15, 2025
Brazilian reinsurer IRB(Re) reported a net income of R$ 144 million for the second quarter of 2025, representing a significant 120% increase from R$ 65 million in the prior year quarter. The company attributed this strong performance to financial...
Posted: Aug 15, 2025
SCOR has confirmed that the arbitration tribunal overseeing its dispute with Covéa over June 2021 retrocession treaties will keep to the original timetable, with a final ruling expected in 2026. Providing some background, in 2022, SCOR filed an ar...
Posted: Aug 15, 2025
MNRB Holdings Berhad (MNRB), has reported its financial results for the first quarter ending June 30th, 2025 (Q1 FY’26), including a best opening quarter performance since inception with profit after tax (PAT) of RM168.4 million (USD 39.9m), up 82...
Posted: Aug 15, 2025
Specialist insurer Hiscox has announced the appointment of Matthew Budd as Group Head of Technical Claims, a newly created role. Based in London, Budd will be responsible for overseeing the Group’s technical claims operations as the business conti...
Posted: Aug 15, 2025
In their mid-year letter to shareholders, reinsurance company Swiss Re’s Chairman Jacques de Vaucleroy and Group Chief Executive Officer, Andreas Berger stressed the importance of maintaining vigilance, even in a period of strong operational perfo...
Posted: Aug 15, 2025
Willis, a WTW business, has announced the appointment of Azad Kumar as Growth Leader for Energy, Construction, and Marine in India. Based in Mumbai, Kumar will play a key role in shaping Willis’ specialisation strategy and supporting clients in th...
Posted: Aug 15, 2025
B.P. Marsh & Partners Plc, a London-listed investment firm specialising in early-stage and niche financial services businesses, has agreed to invest up to $5 million in Gambit Risk Finance LLC, a newly created reinsurance company tied to its U...
Posted: Aug 15, 2025
HDI Global Insurance Company, the U.S. carrier of HDI Global SE, has appointed Fellipe Aguiar to the newly created role of Head of Energy & Power Underwriting U.S. for its cross-division Energy & Power Unit. Aguiar’s team will manage compl...
Posted: Aug 15, 2025
The Pacific Catastrophe Risk Insurance Company (PCRIC), a donor funded entity established to provide Pacific Island nations with access to disaster risk insurance and related services, has made a payout of $285,000 under the tsunami component of i...
Posted: Aug 15, 2025
Third Point LLC (TPIL ), a New York-based alternative asset manager, has secured shareholder approval for its acquisition of Malibu Life Reinsurance SPC, a life and annuity reinsurance platform. The vote, which took place at the firm’s extraordina...
Posted: Aug 14, 2025
Insurtech Gateway, a specialist insurtech incubator, has received authorisation to trade within the specialist Lloyd’s market, the world’s oldest insurance and reinsurance marketplace. This milestone strengthens Insurtech Gateway’s platform...
Posted: Aug 14, 2025
Bermuda-based reinsurer PartnerRe has announced the appointment of Brian Newman as Chief Data and Operations Officer, Life & Health (L&H). Newman brings extensive experience to the role, having spent six years at Hannover Life Re US, where...
Posted: Aug 14, 2025
Qatar Insurance Company (QIC Group) has reported an increase of 17% year on year in gross written premiums (GWP) to QAR 5.7 billion in the first half of 2025, as it continued to enhance the risk diversification of its underwriting portfolio, growi...
Posted: Aug 14, 2025
The Lloyd’s Market Association (LMA) has advised its member insurers to review their exposures to Russian oil in response to upcoming changes to the Oil Price Cap regime for the UK and EU. The Oil Price Cap is a sanctions regime run by the G7, the...
Posted: Aug 14, 2025
AXIS Capital has revealed that Matthew Kirk will succeed Peter J. Vogt as the firm’s Chief Financial Officer, effective March 2026. As part of a planned leadership transition, Vogt will act as a strategic advisor to AXIS Capital through the...
Posted: Aug 14, 2025
As the global reinsurance market enters a period of sustained profitability and stability, disciplined capital deployment and strong underwriting remain crucial, a recent AM Best report has revealed. The Best’s Market Segment Report, “Reinsurers’...
Posted: Aug 14, 2025
Australian insurer Suncorp Group has revealed that net profit after tax (NPAT) for FY2025 was $1.823 billion, up from $1.197 billion in 2024, while cash earnings increased to $1.486 billion from $1.372 billion. According to the firm, FY2025 NPAT i...
Posted: Aug 14, 2025