Reinsurance News

Record underwriting profit in 2025 drives best ever year for Fairfax Financial

Fairfax Financial has revealed that all of its major insurance and reinsurance segments achieved combined ratios below 100% in 2025 for a consolidated combined ratio of 93% and record underwriting profit of $1.8 billion. Prem Watsa, Chairman and C...

Posted: Feb 20, 2026

J.B. Boda & Co. appoints Rajesh Sinha as CEO & MD – APAC

J.B. Boda & Co., the overseas company of international re/insurance broker J.B. Boda Group, has announced the appointment of Rajesh Sinha as Chief Executive Officer & Managing Director – APAC. A globally recognised insurance and reinsuranc...

Posted: Feb 20, 2026

PERILS places first industry loss from Windstorm Goretti at €467m

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for extratropical windstorm Goretti, which affected southwestern England, northern France, and Belgium from 8 to 9 January 2026 a...

Posted: Feb 20, 2026

Lockton appoints Renuka Nar as Director, Head of L&H Reinsurance, India

Lockton, an independent insurance broker, has announced the appointment of Renuka Nar as Director – Head of Life and Health Reinsurance, India. In her new role, Nar will lead the Life and Health Reinsurance practice in India, focusing on building...

Posted: Feb 20, 2026

Hamilton grows top-line 21% as net income rises to $577m in 2025

Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, generated net income of $577 million in 2025, an increase of 44% year-on-year, as the underwriting result dipped very slightly but remains strong with a combined ratio of 92.9%....

Posted: Feb 20, 2026

Chubb promotes Scott Henck to Group Actuary

Large US insurer Chubb has promoted Scott Henck to the role of Senior Vice President (SVP) for the Group and Chief Actuary, effective April 1st, 2026. He will have a dual reporting line to Evan G. Greenberg, Chairman and Chief Executive Officer (C...

Posted: Feb 20, 2026

QBE sees ‘strong & sustainable’ outcome at Jan 1 as retentions fall again

Alongside its full-year 2025 results, QBE has also provided an update on its January 1, 2026, reinsurance renewal, where it secured a further reduction in retentions on its main catastrophe reinsurance tower amid favourable market conditions. QBE...

Posted: Feb 20, 2026

Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit

Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months....

Posted: Feb 20, 2026

EMEA re/insurer ratings show improvement in 2025, AM Best report finds

Ratings of insurers and reinsurers across Europe, the Middle East, and Africa (EMEA) showed improvement in 2025, according to a new report from AM Best, a credit rating agency specialising in the insurance sector. The findings are presented in the...

Posted: Feb 20, 2026

Legacy specialist Xitus selects INTX as core insurance operating system

Xitus, a legacy specialist providing discontinued insurance solutions through acquisition and loss portfolio transfers, has chosen INTX Insurance Software, a complete Insurance Operating System for specialty P&C insurers, MGAs, reinsurers and...

Posted: Feb 20, 2026

Willis Re welcomes Rikki Hornett to its leadership team

Willis Re, a re/insurance advisory and broking firm and part of WTW, has announced the appointment of Rikki Hornett to its team, bringing more than 40 years of industry experience, including over 25 years working in the Bermuda market. During his...

Posted: Feb 20, 2026

Travelers to enhance customer experience with new Agentic AI Claim Assistant

The Travelers Companies, Inc. has announced the launch of its AI Claim Assistant, a new solution developed using OpenAI model capabilities and APIs. Described as an industry-leading solution, this fully agentic intelligent voice service uses advan...

Posted: Feb 20, 2026

Zurich’s Asia Pacific business posts gross premiums of $7.5bn and record BOP in 2025

Zurich Insurance Group (Zurich) has reported its full-year 2025 performance in Asia Pacific, posting gross premiums of $7.5 billion and a record overall business operating profit (BOP) of $633 million, up 8% year over year. The global multi-line i...

Posted: Feb 20, 2026

Newly launched Pinion hires Fortegra’s Kyle Selvig as US CUO

Pinion Insurance, a newly formed specialty insurance carrier, has announced the appointment of Kyle Selvig as US Chief Underwriting Officer (CUO), effective immediately. In this commercial role, Selvig will be responsible for building Pinion’s US...

Posted: Feb 19, 2026

Lemonade reports 28% net loss improvement and 53% revenue growth for Q4’25

Lemonade, an AI-powered digital insurance company, has announced its fourth quarter of 2025 financial results, reporting a net loss of $21.7 million, a 28% improvement compared to the $30.0 million loss seen in the same period last year. Highlight...

Posted: Feb 19, 2026

SageSure and SURE close record-breaking $670m cat bond

SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and SureChoice Underwriters Reciprocal Exchange (SURE), a member-owned reciprocal exchange, have successfully closed the Gateway Re Ltd. Series 2026-...

Posted: Feb 19, 2026

Allstate estimates $175m January 2026 winter storm losses

The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily attributed to Winter Storm...

Posted: Feb 19, 2026

Donegal Group’s net income climbs 56% as CoR improves in 2025

Donegal Group Inc., a US insurance holding company, has reported a net income of $79.3 million for full year 2025, up 56% compared to $50.9 million in 2024, alongside an improved combined ratio of 95.4% versus 98.6%. For the year, net premiums ear...

Posted: Feb 19, 2026

Markel expands cybersecurity support for policyholders through Upfort partnership

Markel, the insurance division of Markel Group Inc., has announced a new partnership with Upfort aimed at strengthening cybersecurity resources for eligible US cyber insurance policyholders. Through this collaboration, policyholders can now access...

Posted: Feb 19, 2026

Neptune’s total revenues grew 39% to $43.8m in Q4’25

Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has reported total revenues of $43.8 million for the fourth quarter of 2025, a 39% increase compared to $31.5 million in the same period a year earlier. In Q4’25, w...

Posted: Feb 19, 2026

London Market brokers favour technologically forward insurers: Guidewire

Nearly four in five (78%) London Market brokers say that how insurers harness new digital technology to enhance efficiency plays a highly significant role in where they place risk, according to research from Guidewire. Guidewire’s research is base...

Posted: Feb 19, 2026

Augment Risk adds weather and parametric risk capabilities to its LatAm platform

Augment Risk, a risk capital and reinsurance solutions broker, has expanded the capabilities of its Latin American (LatAm) platform to include specialist weather parametric and structured weather risk transfer capabilities. The broker explained th...

Posted: Feb 19, 2026

Storm Nils insured losses could exceed €3bn: Morningstar DBRS

Following the widespread destruction caused by Storm Nils across southwestern France, Morningstar DBRS has estimated that total insured losses could surpass €3 billion. In a new report, the firm said that in recent days, Storm Nils has unleashed h...

Posted: Feb 19, 2026

Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior under...

Posted: Feb 19, 2026

SiriusPoint posts $444m net income as 2025 underwriting profit soars

SiriusPoint has reported net income available to common shareholders for the full year 2025 of $444 million, while consolidated underwriting income for the year expanded to $302.8 million from $276.4 million in 2024. The firm explained that the im...

Posted: Feb 19, 2026