Reinsurance News

Miller to acquire Dubai-based reinsurance broker Shields

Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly...

Posted: Feb 27, 2026

Brit’s profits hit $651.8m in 2025 as Bermuda reinsurance platform expands

Brit Insurance has disclosed its results for 2025, highlighting profits for the year of $651.8m, an increase of 36.2% from 2024, while insurance premiums written expanded to $3.09bn from $2.98bn. Brit also reported a return on net tangible assets...

Posted: Feb 27, 2026

PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn

PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This...

Posted: Feb 27, 2026

Fidelis makes preparations for new Pelagos branded entities in Bermuda

Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited. While the group has secured multiple na...

Posted: Feb 27, 2026

Swiss Re delivers record Group net income as P&C Re profit rises to $2.8bn

Global reinsurer Swiss Re’s Group net income increased by 47% to $4.8 billion in 2025 with a strong performance across the business, including a significant rise in property and casualty (P&C) reinsurance net income on the back of a lowe...

Posted: Feb 27, 2026

HCI reports significant rise in net income to $108m in Q4’25

HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-ta...

Posted: Feb 27, 2026

Gallagher strengthens dispute resolution insurance team with director appointment

Gallagher, the international insurance broking and risk management firm, has appointed specialist investigations and disputes lawyer Alexandra Carr as a Director in its dispute resolution insurance team, with the team ranking as Band 1 for litigat...

Posted: Feb 27, 2026

Rokstone North American Marine launches Inland Marine Equipment program

Rokstone North American Marine, part of the international specialty re/insurance MGA Rokstone, has launched a new Inland Marine Equipment program supported by a USD 10 million underwriting facility from QBE. Targeting small to mid-sized contractor...

Posted: Feb 27, 2026

Liberty Mutual Re ANZ appoints Casualty Underwriting Manager

Liberty Mutual Reinsurance (LM Re), the reinsurance division of Liberty Mutual, has appointed John Nicholls as Casualty Underwriting Manager for Australia and New Zealand (ANZ). Nicholls joins LM Re from the Sydney office of Liberty Specialty Mark...

Posted: Feb 27, 2026

Mosaic and Munich Re introduce AI-specific insurance for developers

Mosaic Insurance, a specialist insurer, has partnered with Munich Re, an international reinsurer, to offer a new insurance product tailored to the needs of AI providers. The scheme draws on Munich Re’s aiSure platform, a recognised tool for evalua...

Posted: Feb 27, 2026

US winter storms to hit Q1 profits with primary insurers expected to absorb losses: AM Best

Losses from two major winter storms in the United States – Fern in January and Hernando in February – are expected to result in a significant decline in underwriting profits for the first quarter of 2026, but the impact will be less se...

Posted: Feb 26, 2026

Christopher Dalrymple appointed Group Chief Legal Officer at Howden

Howden, the international insurance broking group, today announces the appointment of Christopher Dalrymple as Group Chief Legal Officer, effective 23 March 2026. Dalrymple will support Howden’s growth ambitions, bringing over 25 years of legal le...

Posted: Feb 26, 2026

Lumen Re secures $175m of collateralised protection with inaugural cat bond

Lumen Re Ltd., the Bermuda-based property catastrophe reinsurer within the insurance-linked securities (ILS) platform of LGT Capital Partners, has closed its inaugural Rule 144A catastrophe bond, Photon Re, securing $175 million of collateralised,...

Posted: Feb 26, 2026

Historic opportunity to use AI to transform insurance, say AXA execs

Executives at global insurer AXA have described artificial intelligence (AI) as a historic opportunity to transform the insurance business, serving as a major lever for better risk pricing, improved service quality, and enhanced customer experienc...

Posted: Feb 26, 2026

Troy Crawford named CUO of American Coastal Insurance Corporation

American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company of American Coastal Insurance Company (AmCoastal), has appointed Troy Crawford as its new Chief Underwriting Officer (CUO). In January 2025, Crawford...

Posted: Feb 26, 2026

Fitch upgrades ratings of SiriusPoint and its operating subsidiaries

Credit ratings agency Fitch Ratings has upgraded the Insurer Financial Strength (IFS) rating of specialty insurer and reinsurer, SiriusPoint Ltd. and its operating subsidiaries to ‘A’ (Strong) from ‘A-‘, with an outlook of...

Posted: Feb 26, 2026

PartnerRe to establish a branch office in India’s GIFT City

Bermuda-based reinsurer PartnerRe has received regulatory approval to establish a branch office in India’s Gujarat International Finance Tec-City (GIFT City). The new branch is part of PartnerRe’s Asia Pacific reinsurance business, led by James Be...

Posted: Feb 26, 2026

Starr Companies announces senior claims leadership appointments

Starr Companies, an insurance and investment organisation providing property, casualty, and specialty coverage worldwide, has announced changes to its senior claims leadership team. David Fitzgerald has been named Chairman of Claims. In this role,...

Posted: Feb 26, 2026

Gallagher strengthens European footprint with German broker KROSE acquisition

Gallagher, a global insurance broking and risk management company, has acquired KROSE GmbH & Co KG, a German commercial insurance and reinsurance solutions provider, in an undisclosed transaction. KROSE, headquartered in Bremen, was establishe...

Posted: Feb 26, 2026

Hiscox curious on data centre opportunity but cautious about accumulation risk: CUO

International specialist insurer Hiscox is curious about the growth opportunity in data centres and has deployed some capacity, but remains thoughtful given the potential accumulation risk, according to Joanne Musselle, Group Chief Underwriting Of...

Posted: Feb 26, 2026

AI12 names Jamie Eaton as Head of Financial Lines

AI12 Limited, a specialist insurance and reinsurance broker headquartered in the Dubai International Financial Centre (DIFC), has appointed Jamie Eaton as Head of Financial Lines. The appointment follows the firm’s recent establishment in the DIFC...

Posted: Feb 26, 2026

Universal advances 2026 reinsurance programme amid Florida market confidence

Universal Insurance Holdings, the parent company of Florida-focused personal residential insurer Universal Property & Casualty Insurance Company, is taking a proactive approach to secure its catastrophe coverage for the coming years, reflectin...

Posted: Feb 26, 2026

Munich Re and Swiss Re back Instnt and MKIII’s new fully-indemnified lending solution

Global reinsurers Munich Re and Swiss Re have backed a new “Double-Indemnity” structure from Instnt, an AI-led identity fraud insurance provider, and MarkIII, Inc. (MKIII), an embedded lending enablement platform, as the two companies introduce a...

Posted: Feb 26, 2026

Reinsurance rate declines expected but magnitude uncertain: Slide CEO

Risk-adjusted property reinsurance rates are trending down in 2026, and while the magnitude is uncertain, early indicators from the catastrophe bond market suggest a significant shift, Slide Insurance CEO and Founder, Bruce Lucas, noted during the...

Posted: Feb 26, 2026

Plenty of opportunities in still attractive reinsurance market: Munich Re CEO

Munich Re, one of Europe’s big four reinsurance companies, targeted portfolio optimisation and selective growth at the January 1st, 2026, renewals, shrinking its book by 7.8% year-on-year, but despite the softening environment, the reinsurer...

Posted: Feb 26, 2026