Reinsurance News

AM Best assigns credit ratings to AIG subsidiary American International Reinsurance Global

Credit rating agency AM Best has assigned American International Reinsurance Global (AIRG), a Bermuda-based AIG subsidiary, a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent), and assigned a posit...

Posted: Nov 26, 2025

LatAm reinsurance market faces competitive shift, says SCOR’s Alfredo Lomeli

In a recent interview with Reinsurance News, Alfredo Lomeli, Chief Underwriting Officer for Latin America and the Caribbean at SCOR, a global reinsurer, highlighted the evolving dynamics of the region’s reinsurance sector as it heads into the 2026...

Posted: Nov 26, 2025

Wildfire strategist Jessica Morse joins Delos as government affairs consultant

Jessica Morse, a government wildfire management expert, has joined MGA Delos Insurance Solutions as a government affairs consultant to property insurance. Her appointment signals a strategic move by Delos to enhance its support for California home...

Posted: Nov 26, 2025

AI replacement fears fall sharply among underwriters and actuaries: hyperexponential

In 2025, there has been a marked fall in the fear of becoming obsolete or replaced by artificial intelligence (AI), with less than half of underwriters (48%) and actuaries (49%) now fearing replacement by AI, down from 74% and 80% respectively in...

Posted: Nov 26, 2025

Generali’s financial strength lifted to A2 following Italy rating upgrade

Moody’s Ratings has upgraded Generali’s insurance financial strength rating (IFSR) to A2 from A3, following the one-notch upgrade of the Italian government’s rating. “Generali’s ratings are partly constrained by the Italian...

Posted: Nov 26, 2025

Majority of UK SMEs have experienced a cyber incident: Coalition survey

In the last five years, nearly three-quarters of UK SMEs have been impacted by a cyber incident, according to a recent survey by Coalition, an active insurer focused on preventing digital risks. Coalition’s study, conducted by an independent resea...

Posted: Nov 26, 2025

Radian Guaranty secures $373m of XoL reinsurance coverage

US-based company primarily known for mortgage insurance, Radian Group Inc.’s wholly owned subsidiary, Radian Guaranty, has agreed to the principal terms of an approximately $373 million excess of loss (XoL) reinsurance arrangement with a panel of...

Posted: Nov 26, 2025

MAPFRE RE secures €125m cat bond targeting European wind risk

MAPFRE RE has returned to the catastrophe bond market by sponsoring a new €125 million, three-year issuance specifically designed to protect its European risk portfolio against extreme wind events, which constitute the firm’s main catastroph...

Posted: Nov 26, 2025

Westfield Specialty International appoints Robert Copp as Head of US Marine Treaty

Westfield Specialty International, a specialty insurance provider, has announced the appointment of Robert Copp as Head of US Marine Treaty. In his new role, Copp will focus on US ocean marine, inland marine and offshore energy reinsurance for Nor...

Posted: Nov 26, 2025

Tokio Marine to enhance specialty offerings in US agricultural sector with CIH acquisition

Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital...

Posted: Nov 26, 2025

ICIEC welcomes Republic of Sierra Leone as Member Country

The Republic of Sierra Leone has become the 51st member of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group. This move highligh...

Posted: Nov 26, 2025

Robert Gagliardi named CEO of SRS Titanium

Strategic Risk Solutions (SRS), an independent insurance company manager, has appointed Robert Gagliardi as Chief Executive Officer (CEO) of SRS Titanium, a specialised initiative delivering captive insurance solutions for Fortune 500 and other gl...

Posted: Nov 26, 2025

MGA Clearwater UW secures majority investment from Aquiline

Clearwater UW Limited, an expanding specialty managing general agent (MGA) based in London, has received a majority investment from Aquiline, a private investment firm. Aquiline’s backing is set to significantly accelerate Clearwater UW’s strategi...

Posted: Nov 26, 2025

MSIG USA names Ryan Kratz as Head of Cyber, North America

MSIG USA, a provider of specialty commercial insurance, has appointed Ryan Kratz as Head of Cyber, North America, reporting to Siobhan O’Brien, the firm’s Global Head of Cyber. This addition follows MSIG USA’s continued expansion...

Posted: Nov 26, 2025

Lloyd’s Europe to implement Reinsurance Collateral Deposit from Jan 1

Lloyd’s Europe will implement a Reinsurance Collateral Deposit (RCD) from 1st January 2026 for the 2026 Year of Account (YoA) onwards to meet regulatory expectations, following market engagement with support from the LMA. Lloyd’s, the specialist i...

Posted: Nov 25, 2025

Nadia Zacheo joins SRS Altitude as Senior Actuary and Property Underwriter

SRS Altitude, a Managing General Underwriter (MGU) specialising in Alternative Risk Transfer solutions and part of the Strategic Risk Solutions (SRS) group, has appointed Nadia Zacheo as Senior Actuary and Property Underwriter, effective early Jan...

Posted: Nov 25, 2025

Superian expands into Asia & Middle East with specialty reinsurance MGA Podium

Superian Insurance Group, a London headquartered independent insurance intermediary, has announced the launch of its Asia & Middle East focused specialty reinsurance managing general agent (MGA), Podium Underwriting. Podium will specialise in...

Posted: Nov 25, 2025

Liberty Specialty Markets announces senior appointments as part of DAP restructure

Liberty Specialty Markets, a global insurer and reinsurer, has announced several leadership changes as it progresses with the reorganisation of its Delegated Authority Platforms (DAP) division. The updated structure is intended to strengthen opera...

Posted: Nov 25, 2025

Allianz Commercial to open Miami-based Latin America Hub in February 2026

Allianz Commercial has announced plans to open a Miami-based Latin America Hub in February 2026, aiming to capitalise on the city’s role as a leading centre and talent market for the Latin American and Caribbean re/insurance sector. The new office...

Posted: Nov 25, 2025

Michel White joins Prismic Life Re as CEO, Bermuda

Michael White has joined Prismic Life Reinsurance, a Bermuda-based life and annuity reinsurer and Prismic subsidiary, as CEO, Bermuda. The executive is joining the company from InEvo Re, a life & annuity reinsurer specialising in asset-intensi...

Posted: Nov 25, 2025

AM Best warns of prolonged headwinds for US health insurers through 2027

AM Best, the credit rating agency, is continuing its negative outlook for the US health insurance industry as 2026 approaches, pointing to persistent medical cost escalation in Medicare Advantage and a misalignment between rates and member acuity...

Posted: Nov 25, 2025

VIG’s profit increases by 31% to €872.8m at the end of Q3’25

Vienna Insurance Group (VIG) has reported increases across all key figures in results for the first three quarters of 2025, with profit before taxes increasing by 31% to €872.8 million, driven by Special Markets, Poland, the Czech Republic and Aus...

Posted: Nov 25, 2025

TFP’s Pine Walk launches Alternative Risk Transfer MGA Carnovis

Pine Walk, the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of a new Alternative Risk Transfer managing general agent (MGA), Carnovis Specialty Limited. Based in London, the MGA wil...

Posted: Nov 25, 2025

Beazley expects new Bermuda platform to deliver ~$400m premium by 2030

Beazley, the London headquartered specialist insurer and reinsurer, has confirmed that it foresees “strong growth trajectory” for its new Bermuda platform, with around $400 million in premium expected by 2030. This morning, Beazley ann...

Posted: Nov 25, 2025

Clean data key to a successful AI-driven reinsurance industry: Ben Rose, Supercede

Ben Rose, Co-Founder and President of Supercede, the independent reinsurance platform, said he does not reasonably foresee a successful AI-driven reinsurance industry as things stand, but if the industry reaches a point where it has “clean data fl...

Posted: Nov 25, 2025