Reinsurance News
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
Specialist insurer CFC has appointed Justin Camara, formerly of Aspen Insurance Holdings, as Chief Executive Officer (CEO) of CFC USA, tasked with leading the carrier’s growth strategy in the country. Expected to start his new role in the fi...
Posted: Dec 17, 2025
Moody’s Ratings expects reinsurance supply and demand to favour buyers at the key January 1st, 2026, renewals, with pricing for property catastrophe reinsurance likely to fall in the range of 15%, with variations by both region and peril. Af...
Posted: Dec 17, 2025
BMS Group has announced a strategic partnership with Berns Brett India, signalling its expansion into the Indian market, with the local entity set to be rebranded BMS (India) Ltd pending regulatory approval. Nick Gillett, CEO of BMS International,...
Posted: Dec 17, 2025
In a new report, Jefferies analysts have warned that risk-adjusted pricing is set to deteriorate further, with a benign hurricane season potentially triggering 10–15% declines. According to the analysts, property risk-adjusted rates turned negativ...
Posted: Dec 17, 2025
Maximum Information has closed its £2.3 million seed round, led by Insurtech Gateway with participation from Liberty Mutual Strategic Ventures, Convex and Portfolio Ventures. Founded in 2020, Maximum Information is committed to increasing global r...
Posted: Dec 17, 2025
Lockton Re, the reinsurance arm of insurance broker Lockton, has launched a new division, London North America Portfolio Solutions (LNAPS), which industry leader Henrietta Butcher will lead. Butcher was previously a Managing Director at Tysers, ha...
Posted: Dec 17, 2025
Global specialty insurer and reinsurer Brit Group Holdings Limited has hired Jane Bioletti from Lloyd’s as its new Head of Operations, reporting to Susan Andrew, Operations Director at the firm. Bioletti joined Brit in December from the spec...
Posted: Dec 17, 2025
Credit rating agency AM Best has confirmed a stable outlook for Malaysia’s non-life insurance sector, highlighting regulatory measures aimed at boosting insurance penetration and the phased removal of tariffs on motor and fire insurance. The ratin...
Posted: Dec 17, 2025