Reinsurance News
Global reinsurance company SCOR has renewed its contingent capital program for another three years, which may provide the carrier with up to €300 million of additional capital after the occurrence of extreme events, natural catastrophes or events...
Posted: Dec 18, 2025
Cliff Falkenhagen is to succeed Wolfgang Jöbkes, who is retiring after more than 46 years with the DEVK Group, as Chief Underwriter Officer (CUO) of DEVK RE, the reinsurance subsidiary of the German insurer. Since 1987, Jöbkes has successfully hea...
Posted: Dec 18, 2025
Bill Ackman, founder and CEO of Pershing Square Capital Management, says Howard Hughes’ $2.1 billion acquisition of specialty insurer and reinsurer Vantage Group echoes Warren Buffett’s early moves at Berkshire Hathaway, as the company he backs lo...
Posted: Dec 18, 2025
The Financial Services Regulatory Authority (FSRA), the regulatory body overseeing financial services within the Abu Dhabi Global Market (ADGM), has released a Discussion Paper outlining a series of strategic enhancements to its insurance regulato...
Posted: Dec 18, 2025
Fitch Ratings expects most Sri Lankan insurers’ losses from Cyclone Ditwah flooding to be limited due to low non-motor retention and reinsurance. However, the National Insurance Trust Fund Board (NITF), the country’s sole local reinsur...
Posted: Dec 18, 2025
Markel Insurance, the insurance operation within Markel Group Inc., has appointed James Howell as Senior War and Terrorism Underwriter, effective immediately. Howell holds nearly a decade of specialised experience in terrorism underwriting, having...
Posted: Dec 18, 2025
Global reinsurance broker Howden Re, in partnership with Howden Iberia, has been chosen to provide natural catastrophe modelling services for Spain’s national insurance pool for extraordinary risks, the Consorcio de Compensación de Seguros (...
Posted: Dec 18, 2025
Specialist re/insurance broker Miller has hired Elisabeth Chalon Lambertin and Toni Beltzer to further expand its Surety offering in Europe. Both Lambertin and Beltzer join Miller from Transitions, a surety broker specialising in surety, construct...
Posted: Dec 18, 2025
The January 1 reinsurance renewal season is running later than anticipated, characterised by a delay in Firm order term (FOT) issuance and very few contract signings to date, according to a new report from KBW analysts following their semi-annual...
Posted: Dec 18, 2025
Getlink, the company that manages and operates the Channel Tunnel infrastructure between France and the United Kingdom, has reached an agreement with its insurers for approximately €55 million in compensation for ElecLink’s operating losses follow...
Posted: Dec 18, 2025
Holding company Howard Hughes Holdings Inc. has agreed to acquire 100% of specialty insurer and reinsurer, Vantage Group Holdings Ltd., for approximately $2.1 billion in an all-cash transaction, subject to customary regulatory approvals. Founded i...
Posted: Dec 18, 2025
Volt Underwriting, the MGA formed to support clients and brokers active in the energy sector, has renewed its binder to underwrite conventional and renewable power generation and midstream risks, increasing its line size to $50 million for 2026. A...
Posted: Dec 18, 2025
As the reinsurance industry approaches the January 1 renewal season, Carmen Bueso, Chief Underwriting Officer (CUO) Non-Life at Spanish reinsurer MAPFRE Re, notes that while the current market offers opportunities, the industry must avoid repeatin...
Posted: Dec 18, 2025
Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has bolstered its transactional risks division, expanding its offering in Europe by hiring a team which includes Sam Batchelor serving as Head of Transactional Risks...
Posted: Dec 18, 2025
PRISM, a newly founded managing general agent (MGA) established by industry veterans and backed by Convex and Efinity Insurance Solutions (EIG), has officially launched in Singapore and Hong Kong and will begin underwriting on 18 December 2025. Br...
Posted: Dec 18, 2025
Richard Keegan, a property reinsurance and retrocession broking expert, has joined specialist reinsurance broker Willis Re following a nine-year tenure at Guy Carpenter. With 15 years in the industry, Keegan has dedicated his entire career in Berm...
Posted: Dec 18, 2025
Beazley’s Board has appointed Paul Bantick, the firm’s Group Chief Underwriting Officer, as an executive director, effective 1 January 2026. Bantick currently leads the strategic direction of Beazley’s specialist underwriting portfolio, ensuring c...
Posted: Dec 18, 2025
Law firm DAC Beachcroft warns of surging product liability claims that come with the rise of popular Glucagon-like peptide-1 receptor agonists (or GLP-1s), drugs for obesity management. While drugs like Ozempic and Wegowy offer health benefits, th...
Posted: Dec 18, 2025
Fitch Ratings has assigned a ‘neutral’ global sector outlook for the insurance industry in 2026, which reflects a stable operating environment in most markets and a sector that remains resilient, despite facing increasingly challenging conditions...
Posted: Dec 17, 2025
Global re/insurer Vantage Group Holdings Ltd. has named experienced finance executive Steve Robb as its new Group Chief Financial Officer (CFO), reporting to Greg Hendrick, the company’s Chief Executive Officer (CEO). Robb assumes the new ro...
Posted: Dec 17, 2025
Fitch Ratings has upgraded Oman Re’s Insurer Financial Strength (IFS) Rating to ‘BBB’ from ‘BBB-‘, assigning a Stable Outlook. According to Fitch, the upgrade reflects reduced investment and asset risk following the u...
Posted: Dec 17, 2025
Xianwei Lee, an executive with extensive experience in cross-border transactions and deep understanding of the Asian market, has joined Howden, the global insurance and reinsurance broking group, as Head of M&A, Asia. In his new role, Xianwei...
Posted: Dec 17, 2025
PwC has disclosed that the insurance sector recorded $31.8 billion in M&A deals across 207 transactions between June 1 and November 30, and expects deal activity in 2026 to be broadly in line with this year. According to the firm, deal flow ha...
Posted: Dec 17, 2025
Independent Lloyd’s insurance and reinsurance broker ATL has expanded into the Specialty Lines market with the appointment of James Wilson. In his new role as Director, Wilson will lead ATL’s expansion into M&A, Tax, and Capital Risks, alongsi...
Posted: Dec 17, 2025
The International Group of P&I Clubs (IG) has finalised its Pooling and Group Excess of Loss (GXL) reinsurance structure for the 2026/27 policy year, introducing two key changes as the environment shifts back toward higher levels of pool claim...
Posted: Dec 17, 2025