Reinsurance News

Kuwait Re posts rise in net profit to $65m for 2025

Kuwait Reinsurance Company achieved a roughly 41% year-on-year rise in net profit for 2025 to $65 million, as total insurance revenue increased by 13% to around $294 million. After insurance services expenses of $257 million in 2025, the insurance...

Posted: Feb 13, 2026

MS Amlin’s profit up to £162m as combined ratio strengthens in Q3’25

Global re/insurer MS Amlin, part of MS&AD Holdings, generated an insurance service profit of £183 million for the period January to September 2025 (Q3’25), an increase of 53% year-on-year, as the firm’s combined ratio strengthened...

Posted: Feb 13, 2026

Lloyd’s adds Fiona Luck and Sean McGovern as new Deputy Chairs

The specialist Lloyd’s insurance and reinsurance marketplace has confirmed the additions of both Fiona Luck and Sean McGovern as Deputy Chairs, joining Victoria Carter who has served in the role since 2021. Luck joined the Lloyd’s Coun...

Posted: Feb 13, 2026

Admiral Group to broaden its motor offering with Flock acquisition

Admiral Group, an UK-based insurance company, has reached an agreement to acquire Flock, a digital commercial fleet insurance provider. Valued at £80 million, the acquisition, subject to regulatory approval, gives Admiral access to Flock’s innovat...

Posted: Feb 13, 2026

AF Group promotes Mike Valiante to President, Commercial Markets

Insurer AF Group has promoted Mike Valiante, who joined the firm in 2011 as Director of Field Operations for AF Group’s Third Coast Underwriters brand, to the role of President of Commercial Markets, After joining the firm in 2011, Valiante ...

Posted: Feb 13, 2026

Cyber insurance rates decline despite surge in claims: Lockton

Cyber insurance premiums have fallen despite an increase in cyber incidents and rising claims, marking a “rare divergence between underlying risk and insurance pricing,” according to a recent report from insurance broking group Lockton. During the...

Posted: Feb 12, 2026

Beazley survey finds risk convergence driving insurance investment in 2026

Specialist insurer Beazley has found that businesses worldwide are navigating a more interconnected risk environment in 2026, with technology and geopolitical pressures emerging as the joint leading concerns. In its latest Risk & Resilience su...

Posted: Feb 12, 2026

Brown & Brown sees rate conditions shifting in favour of prepared buyers

Brown & Brown, Inc., an insurance brokerage and risk management services firm, has released its 2026 Market Trends report, providing a detailed assessment of developments across the insurance landscape and notes that rate conditions in several...

Posted: Feb 12, 2026

AXA DCP partners with Planet to track natural catastrophes

AXA Digital Commercial Platform, a ‘first-of-its-kind’ AI-powered all-in-one risk management system and newest arm of AXA, has partnered with Earth imaging company Planet to track natural catastrophes such as earthquakes and hurricanes...

Posted: Feb 12, 2026

Markel Insurance appoints Zurich’s John Bang as Head of Korea and Japan

Markel Insurance, the insurance operation within Markel Group Inc., has appointed John Bang as its inaugural Head of Korea and Japan, effective immediately. He will be responsible for launching Markel International’s Japan and Korea desks, o...

Posted: Feb 12, 2026

AM Best revises outlook on US D&O liability insurance segment to stable

AM Best has announced it is revising its market segment outlook for the US directors and officers (D&O) liability insurance segment to stable from negative, citing rate stabilisation and improving loss ratios, among other factors. The upgrade...

Posted: Feb 12, 2026

Philippe Domart to lead Covéa Insurance UK as CEO

Covéa Insurance UK has appointed Philippe Domart as its Chief Executive Officer (CEO), subject to regulatory approval, effective April 1st, 2026. In the new role, Domart succeeds Georges De Macedo. Additionally, he will relocate to the UK to be cl...

Posted: Feb 12, 2026

Chubb appoints Morales as Regional Executive Officer of Spain, Portugal, Italy

Large US insurer Chubb has announced the appointment of José Ramón Morales as Regional Executive Officer, Southern Region (Spain, Portugal, Italy) and Head of the Underwriting Centre, Continental Europe, Middle East and North Africa, effective Apr...

Posted: Feb 12, 2026

Prudent management and few cat events drive record 2025 for Mapfre Re

Mapfre has reported that Mapfre Re, which encompasses its Reinsurance and Global Risks businesses, delivered a record result of €381 million in 2025, an increase of 17.2% year on year, driven by prudent management and the absence of catastrophe ev...

Posted: Feb 12, 2026

Severe weather in Andalusia tests Spain’s agricultural insurance framework: Morningstar DBRS

Morningstar DBRS, the credit ratings agency, has stated that severe and persistent weather events in southern Spain are adding pressure to the country’s agricultural insurance framework, while leaving private insurers largely insulated from materi...

Posted: Feb 12, 2026

Descartes strengthens European footprint with strategic hires and promotions

Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has expanded Commercial Director Juan Maria Marqués Domenech’s responsibilities to cover Central Europe in addition to Iberia. In a...

Posted: Feb 12, 2026

Mission appoints Tom Hill as Chief Commercial Officer, UK and Europe

Global MGA incubator Mission has appointed Tom Hill as Chief Commercial Officer (CCO) of the UK and European operation. Hill is a career-long MGA specialist, and brings a unique combination of underwriting, DUA placement and MGA founding experienc...

Posted: Feb 12, 2026

IAG maintains FY26 insurance profit target despite RACQI impact

IAG has reported net profit after tax for H1 of the 2026 financial year of AU$505m, down from AU$778m in the same period of 2025. The result was impacted by the one-off RACQI impact of AU$174m from severe seasonal weather immediately following the...

Posted: Feb 12, 2026

Palomar’s net income rises 60.6% to $56.2m for Q4’25

Specialty insurer Palomar Holdings, Inc. has reported a 60.6% rise in net income to $56.2 million for the fourth quarter of 2025, compared to net income of $35 million in Q4’24. The insurer reported strong underwriting results for the quarter as g...

Posted: Feb 12, 2026

Joe Peiser named CEO of Aon’s Risk Capital

Joe Peiser will lead Aon’s Risk Capital capabilities across both Commercial Risk and Reinsurance Solutions, as the broker continues to enhance and execute its Risk Capital strategy. Peiser joined Aon in 2021 as Commercial Risk Leader for Nor...

Posted: Feb 12, 2026

InsurTech funding up to $5.08bn in 2025 as re/insurers make more investments: Gallagher Re

At $1.68 billion, global InsurTech funding in the fourth quarter of 2025 increased by an impressive 66.8% over the prior quarter, the highest level of quarterly funding since Q3 2022, as investments in insurtech for the full year 2025 rose by almo...

Posted: Feb 12, 2026

Udhwan appointed Head of Canada Programs at Munich Re Specialty, NA

Robin Udhwan has been named Head of Canada Programs at Munich Re Specialty – North America (MRS-NA), part of the global reinsurer. A seasoned veteran of the North American insurance landscape, particularly Canada and the United States, Udhwan brin...

Posted: Feb 12, 2026

Moody’s integrates Oasis SaaS into its Intelligent Risk Platform

Moody’s, a data, intelligence and analytical tools provider, has announced the integration of the newly launched Oasis Software as a Service Limited (Oasis SaaS) into its Intelligent Risk Platform (IRP). This collaboration aims to provide re...

Posted: Feb 12, 2026

Reassured partners with FOIL AI to advance data and AI strategy

Reassured, the life insurance broker, has announced a partnership with data and AI consultancy FOIL AI aimed at enhancing its data infrastructure, expanding internal expertise and improving the customer experience across the insurance lifecycle. T...

Posted: Feb 11, 2026

Hinterland Insurance strengthens executive leadership to support programme expansion

Hinterland Insurance, an independent insurance MGA and programme administrator focused on hard-to-place risks, has announced the addition of two senior leaders to its executive team, effective February 2, 2026. Evan Krozy has been appointed Chief...

Posted: Feb 11, 2026