Reinsurance News
Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, will increase its cyber-risk capacity per risk in Canada to $25 million (CAD 40 million), starting January 1st, 2026. The move, which more than doubles the ins...
Posted: Dec 24, 2025
The Insurance Managers Association of Cayman (IMAC), a professional body representing insurance managers, captive insurance companies, and service providers while acting as a key liaison with government and regulators in the Cayman Islands, reveal...
Posted: Dec 24, 2025
AXA XL, the property and casualty division of global insurer AXA Group, has announced the appointment of Jeffrey L. Loop as the new Head of Media Liability. Based in Los Angeles, Loop will report to Michelle Chia, Chief Underwriting, Cyber, Design...
Posted: Dec 24, 2025
AM Best has assigned Credit Ratings to Prismic Life Reinsurance, Ltd. (Prismic Life Re) and Prismic Life Reinsurance International, Ltd. (PL Re International), both domiciled in Bermuda, with a stable outlook. The ratings agency assigned a Financi...
Posted: Dec 24, 2025
Everest Group, a Bermuda-based insurer and reinsurer, has announced two senior leadership appointments within its Global Wholesale & Specialty (GWS) Insurance division. Paul Trueman has been named Head of International, Global Wholesale &...
Posted: Dec 23, 2025
Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, has entered a strategic collaboration with Cytora to enhance its underwriting workflow efficiency with art...
Posted: Dec 23, 2025
Specialist insurer and reinsurer Inigo Limited has returned to the catastrophe bond market for the fifth consecutive year, issuing its largest series of cat bonds totalling $255 million via Montoya Re Ltd., featuring multiple tranches and introduc...
Posted: Dec 23, 2025
AM Best, a credit rating agency specialising in the insurance industry, has released new findings on the rapid expansion of affiliated investments across US life/annuity (L/A) companies. Affiliated investment growth among US L/A insurers has accel...
Posted: Dec 23, 2025
Global specialty insurer and reinsurer SiriusPoint’s wholly owned subsidiary, International Medical Group (IMG), a leader in global insurance benefits and assistance services, is set to acquire Assist America. According to SiriusPoint, the acquisi...
Posted: Dec 23, 2025
In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...
Posted: Dec 23, 2025
In 2024, Bermuda’s international property and casualty (P&C) re/insurance sector reported a 22.5% increase in net income to $30.9 billion, up from $25.2 billion in 2023, according to the Bermuda Monetary Authority (BMA). The combined ratio inc...
Posted: Dec 23, 2025
CRC Group, a wholesale specialty insurance distributor in North America, has expanded its Specialty division with the addition of four new professionals. Matthew Duff has joined CRC Specialty in Little Rock as an Underwriting Team Leader. He bring...
Posted: Dec 23, 2025
With geopolitical uncertainty and testing market conditions creating a challenging environment for insurers in 2025, International Underwriting Association (IUA) chief executive Chris Jones said it is vital for members to come together to share ex...
Posted: Dec 23, 2025
Amiga Specialty, an independent international Managing General Agent (MGA), has secured new Lloyd’s capacity to support its Management Liability proposition for SME and mid-market businesses across the UK, Europe, and select rest-of-world markets....
Posted: Dec 23, 2025
Standard Life has completed a £525 million full buy-in for the Trustee of the Skanska Pension Fund (the Fund), in partnership with its corporate sponsor Skanska UK plc and parent company Skanska AB, covering all c.5,500 members. The transaction in...
Posted: Dec 23, 2025
Prism, the recently launched managing general agent (MGA) backed by Convex and Efinity Insurance Solutions, has appointed Luca Ronsisvalle as Head of Marine Cargo, and Jan von Kamp as Head of Energy, Power and Renewables. Both will report directly...
Posted: Dec 23, 2025
In a recent Reinsurance News interview, Jonathan Jackson, CEO of Previsico, the flood forecasting company, discussed the challenges and opportunities facing the flood insurance sector in 2026. Flood‑related insurance losses have continued to escal...
Posted: Dec 23, 2025
Bermuda-based InEvo Re, a specialist life reinsurer backed by Macquarie Asset Management, has announced the successful completion of its third reinsurance transaction since its launch earlier this year. The latest deal, finalised with a UK-based l...
Posted: Dec 23, 2025
Robert Maloney has joined Emerald Bay Risk Solutions, a specialty insurance firm, as Senior Vice President, Head of Ceded Re. Created as a “Collaborative Underwriting Carrier,” Emerald Bay Risk Solutions was launched in 2024 by co-foun...
Posted: Dec 23, 2025
Skyward Specialty, a property and casualty insurer, has partnered with AI underwriting company Sixfold to accelerate the company’s progress toward fully AI-powered underwriting across its US-based P&C lines. This collaboration reinforces Skywa...
Posted: Dec 23, 2025
QBE, an international insurer and reinsurer, has announced two leadership appointments within its Singapore Marine business. Kelly Lim has been appointed Country Lead for Cargo & TOL, while Alex Lim has been named Country Lead for Hull & L...
Posted: Dec 23, 2025
Credit rating agency AM Best has revised its outlook on Mexico’s insurance segment to negative from stable, attributing the change to the elimination of a fiscal credit on value added tax paid to third parties, including hospitals, as well as on o...
Posted: Dec 22, 2025
John DePeters has been appointed Executive Vice President, Head of Commercial Insurance and Specialty, for Chubb Overseas General Insurance (COG), Chubb’s international general insurance operations, effective January 1, 2026. Based in London...
Posted: Dec 22, 2025
Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has concluded a £230 million buy-in with the Trustee of the Peel Ports Final Salary Pension Scheme. As one of the UK’s largest port operators, Peel P...
Posted: Dec 22, 2025
Specialist corporate M&A tax advisor Tom Hughes has been appointed as Director of Tax Insurance within Gallagher’s rapidly expanding Private Equity and M&A (PEMA) practice across EMEA, effective January 5th, 2026. Based in the UK, Hu...
Posted: Dec 22, 2025