Reinsurance News

‘Three-way dialogue’ key to claims success and broker confidence: DCL

Open, ongoing dialogue between insurer, broker and policyholder is critical to success, according to the latest findings from the Direct Commercial Limited (DCL) Broker Barometer. Broker confidence is driving this long-standing three-way approach....

Posted: Nov 13, 2025

Renewal rates up YoY across nearly all major commercial lines in October: Ivans

Ivans, a division of Applied Systems, has released the October 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year across all major commercial lines of business except Workers’ Compensation. However...

Posted: Nov 13, 2025

Alternative investments now central to insurance portfolios: Clearwater Analytics

Clearwater Analytics (CWAN), a provider of investment management technology, has published new research indicating that alternative investments have moved from a niche strategy to a key part of insurance portfolios. These assets now make up almost...

Posted: Nov 12, 2025

Generali names Giulio Terzariol as Direttore Generale, Group Deputy CEO

Generali Group has announced a significant evolution of its organisational structure, naming Giulio Terzariol as Direttore Generale – Group Deputy CEO. The move is aimed at reinforcing the successful execution of the insurer’s strategic plan...

Posted: Nov 12, 2025

KCC releases US SCS Model Version 4.0

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 4.0 of its US Severe Convective Storm (SCS) Model. In the US, SCS losses dominate annual weather-related insured property losses. KCC noted t...

Posted: Nov 12, 2025

Willis and Rare launch parametric insurance solution for Philippines’ small-scale fishers

The Government of the Philippines’ Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine Crop Insurance Corporation (PCIC), have partnered with global conservation organisation Rare and insurance broker Willis, a WTW business,...

Posted: Nov 12, 2025

Gallagher introduces new trading divisions and leadership appointments in UK Retail

Global re/insurance broking group, Gallagher has introduced a new UK Retail operating structure with the creation of two new trading divisions, which will align to different client segments, and leadership appointments. The new operating structure...

Posted: Nov 12, 2025

Atrium’s new Syndicate 2026 secures ‘in principle’ approval, targets initial GWP of $150m

Atrium, an insurance group operating within the specialist Lloyd’s insurance and reinsurance marketplace, has been granted “in principle” approval for its new delegated property catastrophe and weather and climate risk-focused Syndicate 2026. The...

Posted: Nov 12, 2025

Magenta signs capacity deal with Zurich for MNW home insurance

Magenta, part of DUAL UK, has announced that it has signed a new deal with global insurer Zurich to provide capacity for its mid-net-worth (MNW) home insurance product. The MNW home insurance market has faced persistent challenges of under-insuran...

Posted: Nov 12, 2025

Future California wildfire losses likely to exceed historical data: Willis Re

Future wildfire losses in California are likely to exceed what recent fire footprints suggest, challenging how the re/insurance industry assesses and prices risk, Daniel Bannister, from Willis Research Network, states in a recent analysis. Two dec...

Posted: Nov 12, 2025

Florida reforms underpin strong Q3’25 results for American Integrity

Tampa-based property and casualty insurance holding company, American Integrity Insurance Group, has disclosed gross premiums written of $239.1 million in Q3 2025, an increase of 48.5% compared to the same quarter of 2024. Meanwhile, gross premium...

Posted: Nov 12, 2025

Selective Insurance appoints Nathan Rugge as EVP & Chief Actuary

Selective Insurance Group, Inc. has announced the appointment of Nathan Rugge, Senior Vice President, Chief Corporate Actuary, Reserving, as its new Executive Vice President (EVP), Chief Actuary. Rugge will assume the role following the retirement...

Posted: Nov 12, 2025

Chubb unveils new AI-powered embedded insurance optimisation engine

Chubb has unveiled a new AI-powered optimisation engine within Chubb Studio, its global technology platform for embedded insurance distribution. Unveiled at the Singapore Fintech Festival, the optimisation engine is designed to help Chubb’s partne...

Posted: Nov 12, 2025

Latin America’s reinsurance market sees deepening international interest: Howden Re

Latin America’s reinsurance market is attracting growing international interest, with an influx of new entrants and capital flowing into the region, including a noticeable rise in managing general agents (MGAs), according to Howden Re, the global...

Posted: Nov 12, 2025

Lockton Re names Aon’s Mozum Khan as Global Head of Property Innovation & Solutions

Lockton Re, the reinsurance business of insurance broker Lockton, has appointed Mozum Khan to the newly established role of Global Head of Property Innovation & Solutions, based in Dubai. Most recently, Khan served as Managing Director of Anal...

Posted: Nov 12, 2025

HDI Global appoints John Morrell as Head of Energy & Power Underwriting Middle East

Corporate & Specialty lines insurer HDI Global has announced the appointment of John Morrell as the new Head of Energy & Power Underwriting Middle East, within its cross-divisional Energy & Power Unit, effective 1 December, 2025. Based...

Posted: Nov 12, 2025

Accenture invests in Lyzr to accelerate agentic AI adoption in financial services

Accenture, a professional services company specialising in digital transformation, cloud, and artificial intelligence, has announced an investment in Lyzr, an AI innovator that has built a comprehensive enterprise agent infrastructure platform. Ma...

Posted: Nov 12, 2025

ABIR members’ contribution to Bermuda’s local economy tops $1.2bn

Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) set a new benchmark in 2024, contributing $1,210,566,922 to Bermuda’s economy, and employing a record number of Bermudians, according to the association’s 20th Ann...

Posted: Nov 11, 2025

Active Re expects retro philosophy shift to deliver measurable benefits

According to Active Re’s 2024 Annual Report, the global reinsurer is transforming its retrocession approach, moving from a transactional model to a more strategic, integrated framework. This change is designed to improve capital efficiency, optimi...

Posted: Nov 11, 2025

Ambac Financial Group rebrands as Octave Specialty Group

Ambac Financial Group, Inc. has rebranded as Octave Specialty Group, Inc. (Octave), a global specialty insurance firm, while its Everspan Group businesses will continue to operate under their existing brands. The company will begin trading under i...

Posted: Nov 11, 2025

ICIEC and KazakhExport renew quota share treaty agreement for 2025–2026

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, and KazakhExport, the Export Credit Agency of the Republic of Kazakhstan, hav...

Posted: Nov 11, 2025

Chubb names Susan Spivak as SVP, Investor Relations

Property and casualty insurer Chubb Limited has appointed Susan Spivak as Senior Vice President (SVP) of Investor Relations, effective November 17th, 2025. Spivak is an industry veteran with more than two decades of experience in senior investor r...

Posted: Nov 11, 2025

Ivans Index reveals premium renewal rates remain up y-o-y but softening clear

For the third quarter of 2025, average premium renewal rates have increased across all major commercial lines of business year over year, except Workers’ Compensation, according to the latest Ivans Index. However, the overall trend for Q3 2025 was...

Posted: Nov 11, 2025

Canadian Personal Auto & Property rates increase in Q3’25: Applied Systems

The third quarter 2025 results of Applied Systems’ Applied Rating Index show that average premiums for both personal auto and personal property lines in Canada increased year over year. In Q3’25, the personal auto premium rate change increased 15....

Posted: Nov 11, 2025

Prestige Underwriting promotes Carl McComb to Underwriting & Pricing Director

Prestige Underwriting, a specialist managing general agent (MGA), has announced the promotion of Carl McComb to Underwriting and Pricing Director. In his new role, McComb will set the firm’s underwriting strategy, develop and implement strategic g...

Posted: Nov 11, 2025