Reinsurance News
TD Cowen, an investment bank and financial services firm, has shared key observations on the casualty market from recent meetings in Bermuda with reinsurance participants. According to analysts, primary casualty appears to still be successfully in...
Posted: Dec 19, 2025
Farmers Insurance Exchange and its subsidiaries and affiliates, collectively known as the Farmers Insurance Group, have closed a $400 million catastrophe bond, providing indemnity-based coverage that complements their traditional catastrophe reins...
Posted: Dec 19, 2025
Global reinsurance broker Gallagher Re has announced the launch of a new dedicated Captive Risk Transfer team within its Global Facultative practice, which will be led by Martin Hughes as Executive Vice President, Captives, effective January 1, 20...
Posted: Dec 19, 2025
Amid a “very late” January 1 renewal this year, reinsurers need to remain vigilant and monitor for any terms and conditions (T&Cs) slippage, according to Jon Sullivan, Group CUO at Brit Insurance. As the market approaches the January 1 deadlin...
Posted: Dec 19, 2025
AIG, in partnership with Amwins and funds managed by Blackstone, is launching a new Lloyd’s syndicate, Syndicate 2479, featuring a novel structure that brings together a specialty distributor, an insurer and a Lloyd’s platform backed by third-part...
Posted: Dec 19, 2025
Insurance broker The Clear Group has announced the retirement of Howard Lickens, the founder of the business with Gary O’Donnell, at the end of this year. Lickens has been instrumental in shaping Clear since its formation in 2001. Over the last tw...
Posted: Dec 19, 2025
Hong Kong’s non-life insurance industry has consistently achieved profitable underwriting over the past five-year, driven by the performance in the general liability and property damage lines of business, according to a new AM Best report. Acciden...
Posted: Dec 19, 2025
Howden, a global insurance and reinsurance broking group, has announced the appointment of Eugene Lim as Head of Tax Insurance, Asia. In his new role, Lim will lead Howden’s tax advisory and insurance capabilities across the region, working with c...
Posted: Dec 19, 2025
Global reinsurance company SCOR has renewed its contingent capital program for another three years, which may provide the carrier with up to €300 million of additional capital after the occurrence of extreme events, natural catastrophes or events...
Posted: Dec 18, 2025
Cliff Falkenhagen is to succeed Wolfgang Jöbkes, who is retiring after more than 46 years with the DEVK Group, as Chief Underwriter Officer (CUO) of DEVK RE, the reinsurance subsidiary of the German insurer. Since 1987, Jöbkes has successfully hea...
Posted: Dec 18, 2025
Bill Ackman, founder and CEO of Pershing Square Capital Management, says Howard Hughes’ $2.1 billion acquisition of specialty insurer and reinsurer Vantage Group echoes Warren Buffett’s early moves at Berkshire Hathaway, as the company he backs lo...
Posted: Dec 18, 2025
The Financial Services Regulatory Authority (FSRA), the regulatory body overseeing financial services within the Abu Dhabi Global Market (ADGM), has released a Discussion Paper outlining a series of strategic enhancements to its insurance regulato...
Posted: Dec 18, 2025
Fitch Ratings expects most Sri Lankan insurers’ losses from Cyclone Ditwah flooding to be limited due to low non-motor retention and reinsurance. However, the National Insurance Trust Fund Board (NITF), the country’s sole local reinsur...
Posted: Dec 18, 2025
Markel Insurance, the insurance operation within Markel Group Inc., has appointed James Howell as Senior War and Terrorism Underwriter, effective immediately. Howell holds nearly a decade of specialised experience in terrorism underwriting, having...
Posted: Dec 18, 2025
Global reinsurance broker Howden Re, in partnership with Howden Iberia, has been chosen to provide natural catastrophe modelling services for Spain’s national insurance pool for extraordinary risks, the Consorcio de Compensación de Seguros (...
Posted: Dec 18, 2025
Specialist re/insurance broker Miller has hired Elisabeth Chalon Lambertin and Toni Beltzer to further expand its Surety offering in Europe. Both Lambertin and Beltzer join Miller from Transitions, a surety broker specialising in surety, construct...
Posted: Dec 18, 2025
The January 1 reinsurance renewal season is running later than anticipated, characterised by a delay in Firm order term (FOT) issuance and very few contract signings to date, according to a new report from KBW analysts following their semi-annual...
Posted: Dec 18, 2025
Getlink, the company that manages and operates the Channel Tunnel infrastructure between France and the United Kingdom, has reached an agreement with its insurers for approximately €55 million in compensation for ElecLink’s operating losses follow...
Posted: Dec 18, 2025
Holding company Howard Hughes Holdings Inc. has agreed to acquire 100% of specialty insurer and reinsurer, Vantage Group Holdings Ltd., for approximately $2.1 billion in an all-cash transaction, subject to customary regulatory approvals. Founded i...
Posted: Dec 18, 2025
Volt Underwriting, the MGA formed to support clients and brokers active in the energy sector, has renewed its binder to underwrite conventional and renewable power generation and midstream risks, increasing its line size to $50 million for 2026. A...
Posted: Dec 18, 2025
As the reinsurance industry approaches the January 1 renewal season, Carmen Bueso, Chief Underwriting Officer (CUO) Non-Life at Spanish reinsurer MAPFRE Re, notes that while the current market offers opportunities, the industry must avoid repeatin...
Posted: Dec 18, 2025
Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has bolstered its transactional risks division, expanding its offering in Europe by hiring a team which includes Sam Batchelor serving as Head of Transactional Risks...
Posted: Dec 18, 2025
PRISM, a newly founded managing general agent (MGA) established by industry veterans and backed by Convex and Efinity Insurance Solutions (EIG), has officially launched in Singapore and Hong Kong and will begin underwriting on 18 December 2025. Br...
Posted: Dec 18, 2025
Richard Keegan, a property reinsurance and retrocession broking expert, has joined specialist reinsurance broker Willis Re following a nine-year tenure at Guy Carpenter. With 15 years in the industry, Keegan has dedicated his entire career in Berm...
Posted: Dec 18, 2025
Beazley’s Board has appointed Paul Bantick, the firm’s Group Chief Underwriting Officer, as an executive director, effective 1 January 2026. Bantick currently leads the strategic direction of Beazley’s specialist underwriting portfolio, ensuring c...
Posted: Dec 18, 2025