Reinsurance News

McGill and Partners renews Ukraine War Risks Reinsurance Facility

Global specialty insurance and reinsurance broker McGill and Partners has renewed its Ukraine War Risks Reinsurance Facility for another year, with the maximum line per risk increasing from $50m to $100m. The facility is designed to support local...

Posted: Feb 26, 2026

Recognition of nat cat adaptation could strengthen EU insurers’ solvency ratios: Fitch

Fitch Ratings, the credit rating agency, says that solvency capital ratios for insurers in the European Union with meaningful property exposures could edge higher if the European Insurance and Occupational Pensions Authority advances proposals to...

Posted: Feb 26, 2026

Willis launches Global Digital Infrastructure Group to tackle data centre risks

Building on its newly unveiled data centre risk management framework, Willis, a WTW business, has launched its Global Digital Infrastructure Group led by Alastair Swift, Head of Willis Global Specialties. According to Willis, the new group has bee...

Posted: Feb 26, 2026

Allianz’s Q4’25 operating profit rises 3%, FY’25 hits ‘record’ €17.4bn

Global insurer Allianz has reported that its total business volume increased by 6.5% year-on-year to €45.7 billion in the fourth quarter of 2025, as operating profit across the Group rose 3% to €4.3 billion, with contributions from all segments. G...

Posted: Feb 26, 2026

West of England P&I Club names Alexis Wildman as Head of Products

West of England P&I Club has appointed Alexis Wildman as Head of Products, succeeding Richard Turner, who will retire later this year following a structured handover period. In her new role, Wildman will report to Bart Mertens, the Chief Under...

Posted: Feb 26, 2026

Gallagher Re appoints Roshan Perera as Head of APAC, Richard Jones as Chairman

Global reinsurance broker Gallagher Re has appointed Roshan Perera as Managing Director, Head of the Asia Pacific (APAC) region, and Richard Jones as Chairman, APAC. Perera has over 25 years of industry experience across the APAC region. Most rece...

Posted: Feb 26, 2026

Mackay succeeds Adamczyk as HDI’s Global Head of Energy & Power

HDI Global, a commercial and specialty lines insurer, has announced the appointment of Mark Mackay as Global Head of Energy & Power, effective 1 March. Mackay will be succeeding Franz Adamczyk, who is stepping back from the role after decades...

Posted: Feb 26, 2026

Improved underwriting results in 2025 set stage for Fidelis’ Pelagos rebrand

Alongside its full-year 2025 results, which included underwriting income of $117.2 million and a combined ratio of 94.8%, Fidelis Insurance Group has announced its intention to change its name to Pelagos Insurance Capital Limited. Fidelis explaine...

Posted: Feb 26, 2026

PERILS places first industry loss estimate from Victoria Bushfires at AU$786m

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Victoria Bushfires, which took place from 7 to 13 January 2026 at AU$786 million. The PERILS estimate of the insurance ma...

Posted: Feb 26, 2026

AXA XL Reinsurance premiums grow 8% for FY’25

The reinsurance arm of French insurer AXA’s property, casualty and specialty risk division, AXA XL Reinsurance, reported on a comparable basis an 8% year-on-year increase in gross written premiums (GWP) and other revenues to €2.6 billion for the f...

Posted: Feb 26, 2026

Blue Marble makes ‘largest ever’ parametric payout to smallholder farmers in Indonesia

Blue Marble, a firm that provides insurance protection for underserved communities, has reportedly made the largest parametric insurance payout ever recorded to smallholder farmers in Indonesia, with all 2,719 farmers enrolled in the program recei...

Posted: Feb 26, 2026

Munich Re’s net result exceeds target in 2025 at over €6.1bn

Global reinsurer Munich Re’s net result came in above target at €6.121 billion for the 2025 financial year, with a contribution of €5.204 billion from the reinsurance business following a strong performance in property and casualty (P&C)...

Posted: Feb 26, 2026

Berkshire (BHSI) elevates three leaders within property division

Berkshire Hathaway Specialty Insurance (BHSI), an insurer offering commercial property, casualty, and specialty coverage, has announced key promotions across its property leadership team. Ryan Abelli and Chris Lemoine have been named Co-Heads of W...

Posted: Feb 26, 2026

AM Best revises Mercury and its subsidiaries’ outlooks to stable from negative

AM Best has revised the outlooks to stable from negative and affirmed the credit ratings for the members of Mercury Casualty Group (Mercury), based on Mercury’s net ultimate losses and reinsurance recoveries following the January 2025 California w...

Posted: Feb 26, 2026

PIC completes £60m buy-in to secure benefits for Bodycote UK Pension Scheme

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has completed a £60 million buy-in for Bodycote UK Pension Scheme, securing the benefits of all 680 Scheme members. Bodycote offers specialist therma...

Posted: Feb 26, 2026

AXA XL adds AIG’s Carnazza as Head of Construction Property, Americas

AXA XL, the property, casualty and specialty risk division of AXA, has appointed Greg Carnazza as Head of Construction Property for the Americas region. In the new role, he is based in Atlanta, and reports to Jon Tellekamp, Chief Underwriting Offi...

Posted: Feb 26, 2026

MSIG and IFC launch $6bn credit insurance facility to boost financing in developing nations

MSIG USA and Mitsui Sumitomo Insurance Company, Limited (MSI Japan) – collectively referred to as MSIG – have partnered with the International Finance Corporation (IFC), a member of the World Bank Group, for a new insurance-backed cred...

Posted: Feb 25, 2026

Gallagher Re appoints Kevin Ingram as VP, USA Property Fac

Global reinsurance broker Gallagher Re has announced the appointment of Kevin Ingram as Vice President – USA Property Facultative. Ingram brings more than 25 years of reinsurance industry experience, spanning reinsurance accounting, US and interna...

Posted: Feb 25, 2026

Broker Hub says Anthropic’s Claude AI delivers 85% productivity gains

A broad enterprise rollout of Claude, the AI platform developed by Anthropic, is now underway at Hub International Limited, an insurance brokerage and financial services firm. Anthropic, an artificial intelligence research and development company,...

Posted: Feb 25, 2026

Hippo sees $6m net income and improved CoR in Q4’25

Home insurance group Hippo has announced its financial results for the fourth quarter of 2025, reporting $6 million in net income, 40% gross written premium growth, and an improved combined ratio of 99%. Net income in Q4 2025 compares to a $44 mil...

Posted: Feb 25, 2026

Delos Insurance Solutions strengthens leadership team amid expansion plans

Delos Insurance Solutions, a property insurance managing general agent, has made a series of senior leadership changes as it prepares for its next phase of expansion. The company specialises in home insurance solutions, particularly in markets whe...

Posted: Feb 25, 2026

Chubb names Brent MacLean as Division President of ESIS

Large US insurer Chubb has announced the appointment of Brent MacLean as Division President of ESIS Inc., a third-party administrator and wholly-owned subsidiary of Chubb. ESIS provides a full range of claim and risk management services to a wide...

Posted: Feb 25, 2026

Munich Re plans above consensus dividend for 2025, capital repatriation now at €5.3bn

The Board of Management of Munich Re, one of the world’s largest reinsurance companies, intends to propose a dividend of $24 per share for 2025, which is higher than the 2024 dividend and comfortably above consensus for the 2025 financial ye...

Posted: Feb 25, 2026

Marsh appoints former Schroders CEO Peter Harrison to its Board

Insurance and reinsurance broking group Marsh has announced the appointment of Peter Harrison to its Board of Directors, now consisting of 13 directors. Harrison brings more than three decades of experience in investment management and executive l...

Posted: Feb 25, 2026

American Integrity reports improved 2025 results as policies in-force hit 422k

Tampa-based P&C insurer American Integrity reported net income of $97.4 million for the full year 2025, a significant increase from $38 million in 2024. Chief Executive Officer Robert Ritchie said 2025 represented a “defining chapter” in the c...

Posted: Feb 25, 2026