Reinsurance News
Mitsui Sumitomo Insurance and MSIG Asia (collectively known as MSIG), an international general insurance group providing a wide range of commercial and personal insurance solutions, have announced the appointment of Eric Schaap as Senior Vice Pres...
Posted: Oct 29, 2025
Chinese insurer Ping An achieved solid growth with continued improvement in business quality within its property & casualty (P&C) segment in the first nine months of 2025, reporting insurance revenue of RMB253,444 million, up 3% year on ye...
Posted: Oct 29, 2025
Nicolas Papadopoulo, Chief Executive Officer (CEO) of Bermuda-based Arch Capital Group, said today that the company remains bullish on the property catastrophe reinsurance business, despite the market being in its second round of rate decreases. A...
Posted: Oct 28, 2025
Property and casualty (P&C) insurance platform Guidewire has unveiled PricingCenter, a new application that aims to revolutionise insurance pricing and rating by increasing efficiency, improving accuracy, and speeding time to market. Purpose-b...
Posted: Oct 28, 2025
EPIC Insurance Brokers & Consultants (EPIC), a national insurance brokerage and consulting firm, has announced the acquisition of Price Insurance, an independent agency providing comprehensive solutions for individuals, families, and businesse...
Posted: Oct 28, 2025
AM Specialty Insurance Company (ASIC), an Excess and Surplus (E&S) insurance firm and an accredited reinsurer, has promoted Dominick Tassone Jr. to Chief Executive Officer (CEO) of AM Specialty Insurance Company (ASIC US), effective January 1s...
Posted: Oct 28, 2025
Brown & Brown, Inc., an insurance brokerage and risk management firm, reported total revenue of $1.6 billion under US GAAP for the third quarter of 2025, representing a 35.4% increase compared to the same period a year earlier. For the quarter...
Posted: Oct 28, 2025
Catastrophic risk modelling software provider KatRisk has announced Martyn Sutton, formerly of reinsurance giant Swiss Re, has joined its leadership team as General Manager. Sutton brings over thirty years of leadership experience in insurance and...
Posted: Oct 28, 2025
Jim Williamson, President and Chief Executive Officer at Bermudian insurer an reinsurer, Everest, characterised the property catastrophe reinsurance market as a “still very favourable environment,” describing it as well-priced and a risk the compa...
Posted: Oct 28, 2025
The Hartford has disclosed a record Q3 2025 net income available to common stockholders of $1.1 billion, up a considerable 41% from $761 million in the same period of 2024. According to the firm, the increase was primarily driven by lower Property...
Posted: Oct 28, 2025
Aon’s 2025 Global Risk Management Survey has found that UK businesses are outpacing their global peers in risk management and governance, with nearly eight in ten UK respondents (78.6%) reporting direct board involvement compared with 61.4%...
Posted: Oct 28, 2025
Royal London, a mutual provider of life, pensions, and investment solutions, has finalised a £16 million bulk purchase annuity (BPA) arrangement with the Premdor Crosby Pension Plan. This transaction, which secures benefits for 181 members, is the...
Posted: Oct 28, 2025
Ignite Specialty Risk, a provider of litigation risk insurance, has made four key appointments to its Executive Team and UK Underwriting function, supporting its growth and ongoing development across the UK, Europe, and US markets. Angus Eames joi...
Posted: Oct 28, 2025
UK-domiciled flood science specialist JBA Risk Management is establishing its Indian operations by opening an office in Bangalore next month, led by Mansi Kalra as Managing Director (MD). The move is motivated by the growing demand for advanced fl...
Posted: Oct 28, 2025
Canopius Group, a global specialty and P&C re/insurer, has announced the appointment of Lisa Leftwich as US Regional Head of Strategy and Transformation. In her new role, Leftwich will leverage her over 20 years of experience in corporate stra...
Posted: Oct 28, 2025
Bermuda-based insurer and reinsurer, Everest Group, has reported an underwriting loss of $130 million for the Group in its third quarter 2025 results, as the strong performance of its reinsurance business was more than offset by the impacts of str...
Posted: Oct 28, 2025
Life and health reinsurer Pacific Life Re has completed the first of two asset-intensive flow reinsurance transactions in Japan, marking its entry in the segment. The transactions were executed with two Japanese life insurers, representing a key m...
Posted: Oct 28, 2025
Arch Capital Group Ltd., the Bermuda-based insurer and reinsurer, has reported a 62% year-on-year rise in underwriting income to $871 million for the third quarter of 2025, driven by a significantly stronger underwriting performance in its reinsur...
Posted: Oct 28, 2025
Bermuda-based insurance and reinsurance firm Everest has entered into an adverse development reinsurance agreement, effective October 1, 2025, supported by Longtail Re, an affiliate of Stone Ridge Holdings Group, with the cover composed of two lay...
Posted: Oct 28, 2025
Bermuda-domiciled insurer and reinsurer Everest Group has entered into definitive agreements to sell the renewal rights for its U.S., U.K., European, and Asia Pacific Commercial Retail businesses to American International Group, Inc. (AIG), subjec...
Posted: Oct 28, 2025
Credit rating agency AM Best has extended Hadron group’s Financial Strength Rating of A- (Excellent), Financial Size Category VIII, to The Guarantee Company of North America USA (GCNA). Hadron, an insurance carrier focused on innovation in the del...
Posted: Oct 28, 2025
Corebridge Financial, Inc. (NYSE: CRBG), a provider of insurance and retirement solutions, has announced that its Board of Directors has elected Tomohiro Yao as a director, effective immediately. With Yao’s appointment, the Board expands from 13 t...
Posted: Oct 28, 2025
ICW Group Insurance Companies, a group of property and casualty insurers, has appointed Lynn Moretti as Chief Claims Officer, which sees her relocate from London to the company’s headquarters in San Diego, California. In her new role, she le...
Posted: Oct 28, 2025
According to a new report from the credit rating agency AM Best, Canada’s property and casualty (P&C) insurers drew on strong capital reserves, prudent pricing, and sound risk management practices to absorb the financial effects of the country...
Posted: Oct 27, 2025
International General Insurance Holdings Ltd. (IGI) has appointed Malcolm Barnes as the Head of Specialty Treaty, based in its London office. In his new role, Barnes is responsible for building and managing the IGI’s specialty treaty reinsurance b...
Posted: Oct 27, 2025