Reinsurance News
Howden, the global insurance and reinsurance broking group, has announced the appointment of Saloni Bhandari as Senior Vice President (SVP) – M&A and Co-Head of Transactional Risk. In her new role, Bhandari will focus on warranty & i...
Posted: Jul 22, 2025
Victor Insurance, a managing general underwriter in collaboration with HSB, a multi-line specialty insurer and part of the reinsurance giant Munich Re, have launched a new offering, Contractors All Risks (CAR) Insurance in the UK, targeting contra...
Posted: Jul 22, 2025
W. R. Berkley has disclosed net income for Q2 of 2025 at $401.3 million, up from $371.9 million in Q2 of 2024, while net premiums written grew to a record $3.4 billion. The firm also posted a record net investment income of $379.3 million in Q2 of...
Posted: Jul 22, 2025
Specialty insurer RLI Corp. has reported underwriting income of $62.2 million, with a combined ratio of 84.5% for the second quarter of 2025, driven by the Property segment, which posted underwriting income of $49.5 million, compared with $53.2 mi...
Posted: Jul 22, 2025
S&P Global Ratings, a credit rating agency, has revised its outlook on the Spanish insurance group Mapfre to positive from stable, reflecting growing confidence in the group’s financial strength and earnings trajectory. The change in outlook f...
Posted: Jul 22, 2025
The US private flood insurance market is growing, addressing the nation’s significant gap between economic and insured losses from flood events, which remain largely underinsured despite being one of the costliest perils for homeowners, a recent r...
Posted: Jul 22, 2025
AM Best has downgraded the credit ratings of Berking Re Limited, a Bermuda-based reinsurance company, citing concerns over the weakened credit fundamentals and the heightened contagion risk from its parent company, PFY Cayman. Berking Re’s Financi...
Posted: Jul 22, 2025
Davies, a professional services and technology provider for the insurance and regulated markets, has appointed Mike Heard as President of Operations for its North American business. Heard will report to Dhara Patel, CEO of Davies North America, an...
Posted: Jul 22, 2025
A new £2 million academic-industry partnership, led by the University of Edinburgh, alongside insurance group AXA, WMG, the University of Warwick and the University of Oxford, will establish the groundwork for developing insurance for artificial i...
Posted: Jul 22, 2025
Commercial insurer QBE has announced the appointment of Anna Connolly as European Property Product Manager. Based in London, Connolly will join QBE’s European Operations (EO) team on 1st October 2025, reporting to Naintara Agarwal, EO Director of...
Posted: Jul 22, 2025
Agile Underwriting Services celebrates a successful one year of Syndicate 2427, launched under Lloyd’s ‘syndicate-in-a-box’ framework, with strong performance and momentum. Since commencing underwriting in May 2024, Syndicate 2427 has demonstrated...
Posted: Jul 21, 2025
Global reinsurer Munich Re has reported a preliminary net profit of €2.1 billion for the second quarter of 2025 and a net result of approximately €3.2 billion for the first half of 2025, as the firm benefited from “very low” major loss...
Posted: Jul 21, 2025
1823 Partners (US) LLC, a differentiated asset management firm focused on insurance-first investment strategies, has launched with a multi-billion-dollar asset mandate from JAB Insurance. Co-founded by Anant Bhalla, Joachim Creus, and Frank Engele...
Posted: Jul 21, 2025
S&P Global Ratings, a credit rating agency, has initiated coverage of Fidelidade – Companhia de Seguros, S.A., and its reinsurance subsidiary, Fidelidade RE – Companhia de Resseguros, S.A., assigning both entities long-term Issuer Credit Ratin...
Posted: Jul 21, 2025
Tysers, an independent Lloyd’s broker and member of the Australian AUB Group, has appointed Dr. Maxim Baer as Managing Director (MD) of Tysers Belgium, based in Brussels. The appointment aligns with AUB’s ambitious European expansion plans, levera...
Posted: Jul 21, 2025
According to Fitch Ratings, a credit rating agency, North American life reinsurance experienced significant growth in 2024, driven by expanding partnerships between insurers and alternative investment managers, increased reliance on offshore reins...
Posted: Jul 21, 2025
Willis, a WTW business, is expanding the capabilities of its Real Estate division with the launch of a dedicated Residential Real Estate Team. Led by Naomi Palmer, Divisional Director, Real Estate Practice and Shaun Grainger, Residential Developme...
Posted: Jul 21, 2025
New Atradius Syndicate 1864 is to start underwriting on January 1st, 2025, following Lloyd’s ‘in principle’ approval. The syndicate will focus on trade credit risks, initially targeting new and existing European clients in the financial industry s...
Posted: Jul 21, 2025
Insurance and reinsurance brokering group Gallagher has launched a new general aviation specialism in Türkiye, expanding its aerospace practice. The new unit team is led jointly by Can Giray and Görkem Rahmioğlu, who bring local knowledge and will...
Posted: Jul 21, 2025
Insurance and reinsurance broking group Gallagher has launched a new general aviation specialism in Türkiye, expanding its aerospace practice. The new unit team is led jointly by Can Giray and Görkem Rahmioğlu, who bring local knowledge and will p...
Posted: Jul 21, 2025
Insurtech financing in Latin America reached $121 million in the first half of 2025, marking a 370% increase compared to the same period last year, according to a report by Digital Insurance LATAM, sponsored by MAPFRE. This figure also surpasses t...
Posted: Jul 21, 2025
Alcor Group, a property insurance underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, has announced the launch of an Atlanta office, led by Sophie DeCouto, as part of its expansion into the U.S. excess and surplus (...
Posted: Jul 21, 2025
BroadStreet Partners, an insurance brokerage company, has announced the successful closing of a strategic investment by an investor group led by Ethos Capital, British Columbia Investment Management Corporation (BCI), and White Mountains Insurance...
Posted: Jul 21, 2025
Canopius Group, a specialty and P&C re/insurer, has announced the promotion of Ben Pinnington to Head of Marine & Energy Treaty, effective 7 July 2025, additionally, Imogen Wright will join the business as Underwriter – Marine & Energy...
Posted: Jul 21, 2025
Jio Financial Services Limited (JFSL) and Allianz Group, through its wholly owned subsidiary, Allianz Europe B.V., have entered into a binding agreement to form a 50:50 domestic reinsurance joint venture, marking entry into the Indian high-growth...
Posted: Jul 21, 2025