Reinsurance News

Willis Re hires Guy Carpenter marine and energy specialists

Willis Re, a specialised reinsurance broker, has welcomed numerous marine and energy specialists from Guy Carpenter, the reinsurance arm of Marsh McLennan. Freddie Vaughan brings over 14 years of experience in the Specialty Reinsurance market. He...

Posted: Dec 10, 2025

Pressures for cyber re/insurers in mature markets but opportunities exist in other regions: S&P

According to new analysis by S&P Global Ratings, cyber re/insurers face pricing pressure and increased competition in mature markets, especially the US, although growth opportunities exist in under-penetrated regions and from small and mid-siz...

Posted: Dec 10, 2025

WTW expands US middle market reach with up to $1.3bn Newfront acquisition

Global insurance and reinsurance broking group WTW has agreed to acquire San Francisco-based Newfront, a top 40 US broker combining deep specialty expertise and cutting-edge technology, for upfront and contingent consideration payments amounting t...

Posted: Dec 10, 2025

Canada Life completes £330m buy-in with Comet Pension Scheme

Canada Life UK has completed a £330 million full-scheme buy-in transaction with the Comet Pension Scheme, securing the future benefits of 4,500 pension scheme members. According to Canada Life UK, the Comet Pension Scheme’s sponsoring employer is...

Posted: Dec 10, 2025

Ortec Finance warns insurers of mounting climate-driven financial pressures

Ortec Finance, recognised for its technology and risk-management expertise within the financial sector, has issued new findings that underscore how rapidly climate pressures are reshaping the insurance industry’s financial outlook. The company’s r...

Posted: Dec 10, 2025

Generali Switzerland appoints new Chief Insurance Officers and updates executive leadership

Generali Switzerland, part of the global Generali Group and a provider of insurance and financial services in Switzerland, has reorganised its Insurance division by separating Life and Non-Life operations as of 1 July 2025. Ralph Schmid will conti...

Posted: Dec 10, 2025

Aegon to shift HQ to U.S. in major strategic pivot

Aegon used its Capital Markets Day 2025 to lay out plans to become a leading US life insurance and retirement group and to shift its head office and legal seat to the United States, a transition it aims to complete by January 1, 2028. Following th...

Posted: Dec 10, 2025

European P&C pricing to weaken in 2026 driven by property cat reinsurance declines: J.P. Morgan

J.P. Morgan, a financial institution with analytical coverage of the insurance sector, characterises the approaching phase of the European P&C landscape as one led by softening property catastrophe reinsurance rates and a broader loss of prici...

Posted: Dec 10, 2025

Lloyds Banking Group enters into three further longevity transactions

Lloyds Banking Group Pensions Trustees Limited has entered three new longevity insurance and reinsurance transactions, safeguarding a further £4.8 billion of pension liabilities against the risk of unexpected increases in member life expectancy. T...

Posted: Dec 10, 2025

Brokerslink expands African footprint with Mauritian Proxy Brokers

Global broking business, Brokerslink, has expanded its African footprint by adding Proxy Brokers, marking its first presence in Mauritius. This new affiliate aims to strengthen Brokerslink’s presence in the region, with Mauritius becoming the 42nd...

Posted: Dec 10, 2025

Mission announces upcoming launch of UK MGA Kovrilo

Global MGA incubator Mission has announced that it has reached an agreement to support a new team in launching Kovrilo, a UK managing general agent (MGA) expected to go live in early 2026. A flexible, tech-driven underwriting platform, Kovrilo wil...

Posted: Dec 10, 2025

Zurich North America appoints Jim Villa as Global Head of A&H

Zurich North America, the commercial property and casualty insurer, has announced the appointment of Jim Villa as Global Head of Accident & Health (A&H), Specialities. Villa brings nearly 35 years of industry experience, joining Zurich fro...

Posted: Dec 10, 2025

Nearly two-thirds of organisations to increase cybersecurity investments in 2026: Marsh

Nearly two-thirds (66%) of organisations worldwide plan to increase their cybersecurity investments in the coming year amid today’s evolving threat landscape, according to new research by Marsh, an insurance broker, risk advisor, and business of M...

Posted: Dec 09, 2025

November Ivans Index reveals workers’ comp renewal rates decrease, major commercial lines up

Ivans, a division of Applied Systems, has released the November 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year for Commercial Auto, Business Owner’s Policy (BOP), General Liability, Comme...

Posted: Dec 09, 2025

Fidelis backed Navium Marine launches satellite pre-launch consortium at Lloyd’s

Navium Marine, a marine-focused specialty managing general agent (MGA) operating through The Fidelis Partnership’s Pine Walk platform, has launched Constellation Consortium, the largest satellite pre-launch consortium in the Lloyd’s market. The co...

Posted: Dec 09, 2025

Zhuang Qianzhi approved as new Chairman of China Re’s Board

China Reinsurance (Group) Corporation (China Re) has announced that it received approval from the National Financial Regulatory Administration for the qualification of Zhuang Qianzhi as chairman of the Board of Directors on 8 December 2025. This f...

Posted: Dec 09, 2025

Ledger Investing to bring AI and efficiency to reinsurance & ILS market with Korra

Ledger Investing has launched Korra, a separate SaaS platform company that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities (ILS) market. Korra connects insurers, MGAs, reinsurers...

Posted: Dec 09, 2025

MNK’s Florida Re gets A- rating from AM Best

Credit ratings agency AM Best has assigned Florida Insurance and Reinsurance Company (Florida Re), a subsidiary of global independent re/insurance conglomerate, MNK Group Holdings, a Financial Strength Rating of A- (Excellent) and a Long-Term Issu...

Posted: Dec 09, 2025

Two-thirds of modelled US flood losses go uninsured: Moody’s

Two-thirds of modelled U.S. residential flood losses go uninsured, leaving millions of homeowners and the broader economy financially exposed, according to Moody’s RMS modelling. Moody’s highlighted that flooding remains the most underinsured phys...

Posted: Dec 09, 2025

Warty to lead Mosaic finpro lines for Americas expansion

Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, has announced the appointment of Sachin Warty as Global Head of Financial Institutions & Professional Liability (FinPro), December 15. Warty’s hire is part...

Posted: Dec 09, 2025

FCA announces changes to simplify its rules and lower costs for insurers

The Financial Conduct Authority (FCA) has announced changes to simplify its insurance rules and reduce costs for insurers, while maintaining appropriate protection for smaller commercial customers, with further changes planned next year. The FCA e...

Posted: Dec 09, 2025

DUAL Group forms global partnership with CyberCube to strengthen cyber underwriting

DUAL Group, an international specialist underwriting agency, has entered a global partnership with CyberCube, a company known for its analytics and modelling solutions focused on cyber risk. The agreement is aimed at strengthening DUAL’s underwrit...

Posted: Dec 09, 2025

White Mountains completes sale of insurance distribution platform Bamboo

White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a data-enabled insurance distribution platform, to affiliates of funds advised by CVC Capital Partners. The transaction, originally announced in October, a...

Posted: Dec 09, 2025

Groenen appointed as LSM’s head of portfolio solutions, Europe

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Rob Groenen as head of portfolio solutions, Europe, a newly created position. Groenen will be based in the Netherlands and will also retain h...

Posted: Dec 09, 2025

Parametrix raises $27m in funding round and rolls out new cyber insurance product

Parametrix, a provider of digital business interruption solutions, has completed a $27 million Series B funding round led by Mundi Ventures, FirstMark Capital, and HDI Group, joined by F2 Venture Capital and several other strategic investors. The...

Posted: Dec 09, 2025