Reinsurance News

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

QBE Re expands into structured reinsurance with Robert Turner hire

QBE Re, the reinsurance arm of QBE Insurance Group, has announced the appointment of Robert Turner as Global Head of Structured Reinsurance. The hire is part of the company’s strategy to expand into structured reinsurance. In his new role, Turner...

Posted: Nov 25, 2025

Rokstone adds Lucy Barker-Hahlo to its newly launched Cyber unit

Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the appointment of Lucy Barker-Hahlo as Deputy Head of Cyber within its newly launched Cyber division. This follows Rokstone’s announcement last week of...

Posted: Nov 25, 2025

W. R. Berkley appoints Hale Johnston President of Berkley Net

W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has recently announced that Hale Johnston has been appointed president of Berkley Net, one of its subsidiary companies, effective immediately. Johnston succeed...

Posted: Nov 25, 2025

ICA declares Queensland hailstorms an Insurance Catastrophe as claims surge

The Insurance Council of Australia (ICA) has declared an Insurance Catastrophe for the strong winds and damaging hail that impacted South East Queensland between Sunday, 23 November and Monday, 24 November, noting that insurers have already receiv...

Posted: Nov 25, 2025

Lack of discipline in unprofitable US cyber market is somewhat surprising: Beazley CEO

Adrian Cox, Chief Executive Officer of specialist insurer Beazley, said this morning that the US cyber insurance market is now unprofitable and continues to soften given the active claims environment. London headquartered Beazley reported today th...

Posted: Nov 25, 2025

HBC Group expands into Nordics with Danish agency DUAN acquisition

HBC Group, one of the leading insurance intermediary groups in the German-speaking region, has expanded its international marine expertise and Nordic market footprint with the acquisition of DUPI Underwriting Agencies Nordics A/S (DUAN). DUAN, a D...

Posted: Nov 25, 2025

Beazley reveals new Bermuda platform as 9M’25 premiums rise

As specialist insurer Beazley announces a solid set of results for the first nine months of 2025, albeit with muted 1% year-on-year growth in insurance written premiums, the London headquartered firm has also unveiled a new Bermuda platform to sup...

Posted: Nov 25, 2025

Oliver Delvos named Head of Cyber and Tech E&O, Europe at Liberty Specialty Markets

Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has appointed Oliver Delvos as head of cyber and tech E&O for Europe, effective 1 December 2025. Based in Germany, Delvos will report to Pierre-Edouard Fraigneau, p...

Posted: Nov 25, 2025

Pro Global launches SRA-registered law firm Pro Legal

Pro Global, an advisor for the specialist insurance sector, has announced the launch of Pro Legal Solutions Ltd (Pro Legal), its Solicitors Regulation Authority (SRA) registered law firm designed to streamline complex claims litigation. Pro Legal...

Posted: Nov 25, 2025

1B-i appoints Dr. John Morley as CEO, establishes operational entity

1B-i Holdings Limited, a specialist insurance group focusing on digital assets, technology, and transition economy, has appointed Dr. John Morley as its Chief Executive Officer (CEO). The company has also confirmed the establishment of its managem...

Posted: Nov 25, 2025

Data centres could generate $5–$11bn in annual premiums: Goldman Sachs

Goldman Sachs analysts estimate that the data centre opportunity for the insurance sector could generate $5–$11 billion in annual premiums over the next several years, with an annual broker revenue opportunity of roughly $250 million–$1 billion. A...

Posted: Nov 24, 2025

Counterpart expands affirmative AI coverage to help small businesses address the emerging risk

Insurtech Counterpart has expanded its Affirmative AI Coverage, and added a Technology E&O Insuring Agreement to address the new and complex risks many companies are now exposed to as a result of businesses adopting artificial intelligence (AI...

Posted: Nov 24, 2025

Proxy firms differ on Tiptree’s sale of Fortegra to DB Insurance

Proxy advisory firms have split in their assessments of Tiptree Inc.’s proposed sale of its specialty insurer Fortegra to DB Insurance, setting the stage for a contentious shareholder vote at the company’s Special Meeting on December 3rd. The deal...

Posted: Nov 24, 2025

Apollo promotes Jackson to Head of Marine, Energy & Transportation, Mason to retire

Martin Jackson will succeed Simon Mason as Head of Marine, Energy & Transportation at Apollo, the specialist Lloyd’s re/insurance group, effective 1st January 2026, following Mason’s retirement. Mason, who has been with Apollo since 2013...

Posted: Nov 24, 2025

WFP calls for disaster risk financing expansion amid cat-driven food insecurity

At COP30, the United Nations World Food Programme (WFP) warned that a 1°C rise in global temperatures could thrust an additional 70 million people into food insecurity across the 45 countries where it operates, highlighting the urgent need to expa...

Posted: Nov 24, 2025

Farmers Insurance eliminates cap on homeowners policies offered in California

Farmers Insurance, the largest property casualty insurer headquartered in California, has decided to eliminate the cap on the number of homeowners insurance policies it offers in the state, including Farmers Smart Plan Home, Farmers Smart Plan Con...

Posted: Nov 24, 2025