Reinsurance News

Saudi Reinsurance Company (Saudi Re) has reported a net profit after zakat attributable to shareholders of SAR 52.6 million for the second quarter of 2025, representing a 20.9% increase compared to the same quarter a year earlier. The company attr...

Posted: Aug 04, 2025

Jeffrey Jones has joined Mercury Insurance, a property and casualty insurer, as Vice President & Chief Reinsurance Officer, a newly created role, following a 30-year tenure as a reinsurance broker at Aon. The executive’s arrival comes at a tim...

Posted: Aug 04, 2025

AI12 Ltd., a global specialist insurance and reinsurance brokerage, has received authorisation from the Dubai Financial Services Authority (DFSA) and is now officially established as a regulated entity within the Dubai International Financial Cent...

Posted: Aug 04, 2025

QBE, an insurer with operations in over 25 countries, has announced the appointment of Paul Peerdeman to lead the launch of its marine insurance portfolio in the Netherlands. The move is part of QBE’s strategy to strengthen its presence in key Eur...

Posted: Aug 04, 2025

In a recent study, MAPFRE explores the future role of insurance in a world shaped by artificial intelligence (AI) by 2023 provisioning four plausible future scenarios to understand how these technology advances could affect people’s daily interact...

Posted: Aug 04, 2025

Aon, a global insurance and reinsurance broker, has appointed Sushant Sarin as Head of Strategy and Commercial Risk Solutions for India, effective immediately, based in Mumbai. Sarin reports to Rishi Mehra, Chief Executive Officer, Aon India, and...

Posted: Aug 04, 2025

The Natural Disaster Fund (NDF), managed by the Global Parametrics team (a CelsiusPro Group company), has expanded access to parametric hurricane protection by increasing its risk capacity allocation to Corp-EFF Insurance Company Limited. NDF has...

Posted: Aug 04, 2025

Concert Group Holdings, Inc., a specialised insurance holding company known for providing tailored solutions to programme insurance markets, has introduced a new executive leadership structure aimed at steering the company through its next phase o...

Posted: Aug 04, 2025

A consortium including Allianz, BlackRock, Generali Financial Holdings, Hannover Re and T&D Holdings, have completed the acquisition of Viridium Group, a European life insurance consolidation platform, from Cinven. The transaction was initiall...

Posted: Aug 04, 2025

PartnerRe, a reinsurer providing capital and risk solutions, has appointed Matthew Doherty as Head of Underwriting Insurance Programs, effective August 1, 2025. In this role, Doherty will oversee underwriting activities related to insurance progra...

Posted: Aug 04, 2025

McGowan Companies, a provider of specialised insurance programmes, has acquired the assets associated with the Aegis Professional Risk division from Aegis General Insurance Agency, Inc. This transaction was completed through an asset purchase agre...

Posted: Aug 04, 2025

Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported net underwriting earnings of $2 billion and $3.3 billion for the second quarter and first half of 2025, respectively, both down on the comparable prior year...

Posted: Aug 02, 2025

In recent years, Bermuda-based re/insurer AXIS Capital Holdings has repositioned its reinsurance strategy to better fit with the company’s view of risk, and Chief Executive Officer (CEO), Vincent Tizzio, has said that the firm’s approa...

Posted: Aug 01, 2025

Fairfax Financial Holdings Limited has announced its financial result for the second half of 2025, reporting net earnings of $1,436.7 million, increasing from the $1,055.8 million net earnings reported in the same period last year. According to th...

Posted: Aug 01, 2025

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced that the California Department of Insurance (CDI) has completed its review of KCC’s US Wildfire Reference Model Version 3.0 under the newly establis...

Posted: Aug 01, 2025

Aon, a global insurance and reinsurance broker, has unified its commercial risk, health and reinsurance capabilities in India to operate as Aon Risk Insurance Brokers India Private Limited (ARIB), following approval from the National Company Law T...

Posted: Aug 01, 2025

RIQ, the newly launched AI-native reinsurance platform purpose-built for the future of global risk transfer, has entered into a strategic partnership with IHC, anchored by a targeted allocation of more than $500 million in reinsurance premiums ove...

Posted: Aug 01, 2025

Brit Group Holdings Limited posted a profit before tax of $307.7 million for the first half of 2025, up 2.1% from $301.3 million in the same period a year earlier, amid an increased undiscounted combined ratio of 95.2%, up from 80.8%, due to large...

Posted: Aug 01, 2025

Reinsurance Group of America (RGA), a provider of life and health reinsurance, has announced its financial results for the second quarter of 2025, reporting net income available to shareholders of $180 million, a decrease compared to last year’s $...

Posted: Aug 01, 2025

French insurer AXA has agreed to acquire Milan-headquartered Prima, an Italian direct insurance player acting as a managing general agent (MGA). The transaction is subject to customary closing conditions, including the receipt of regulatory approv...

Posted: Aug 01, 2025

Ryan Specialty Holdings, Inc., an international specialty insurance firm, reported total revenue of $855.2 million for the second quarter of 2025, representing 23% growth compared to $695.4 million in the prior-year period. The firm attributed the...

Posted: Aug 01, 2025

Alban de Mailly Nesle, Group Chief Financial Officer (CFO) of global insurer AXA, said this morning that as both a buyer and seller of reinsurance, overall, the firm stands to benefit more than it will lose from softer reinsurance pricing. This mo...

Posted: Aug 01, 2025

Insurance and reinsurance broking group Gallagher has appointed Alistair Lester as Chief Executive Officer (CEO) for Private Equity and M&A client practice, leading the firm’s existing transactional risks teams in the UK, Europe and the...

Posted: Aug 01, 2025

PwC, a professional services firm with deep expertise in the insurance and legacy markets, has released its latest review of the non-life insurance run-off sector, covering the second quarter of 2025. According to PwC, activity in the market remai...

Posted: Aug 01, 2025

Oaktree Capital Management, L.P. (Oaktree), a global asset management firm specialising in alternative investment strategies, has appointed Phil Joubert as Managing Director (MD) and Head of Asia Pacific (APAC) Insurance Solutions. In the new role...

Posted: Aug 01, 2025