Reinsurance News
Colombia, among Latin America’s more advanced insurance markets, is seeing growth increasingly driven by the life insurance sector, according to a new AM Best report. While non-life insurance continues to hold the larger share of market participan...
Posted: Dec 01, 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they ar...
Posted: Dec 01, 2025
WTW, an advisory, broking, and solutions firm, has been closely tracking the adoption of artificial intelligence (AI) in insurance, and has highlighted how carriers are now deploying related technologies at a more rapid pace. Laura Doddington, WTW...
Posted: Dec 01, 2025
Ace Insurance Brokers, an Indian composite insurance broker, delivering comprehensive life and general insurance solutions to individuals, corporates, and institutions, has appointed Arvind Laddha as President. Earlier this year, Blackstone acquir...
Posted: Dec 01, 2025
S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to ‘A’ from...
Posted: Dec 01, 2025
Recent mergers and acquisitions (M&A) among major re/insurers are creating “seeds of concern” for the cyber insurance market, with experts warning that capacity consolidation could eventually reduce market availability. Gamze Konyar, Head of C...
Posted: Nov 28, 2025
NFP, an Aon company and prominent provider of property and casualty (P&C) brokerage and benefits consulting, announced updates to its leadership team. Tom Gillingham has been appointed President, Commercial Risk, expanding his responsibilities...
Posted: Nov 28, 2025
The risk of silent AI is prompting insurers to update policy wordings, innovate products, limit riskier exposures, and review reinsurance arrangements to ensure these risks are adequately covered, according to law firm DAC Beachcroft. “Silent AI”...
Posted: Nov 28, 2025
Rachel Turk, Chief Underwriting Officer at Lloyd’s, has acknowledged that rates have softened more quickly than anticipated, but emphasised that favourable trading conditions and ongoing market discipline are expected to drive strong performance f...
Posted: Nov 28, 2025
Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has announced a number of leadership appointments within its specialist Marine practice and announced structural changes aimed at accelerating strategic growth and futur...
Posted: Nov 28, 2025
AXA XL, the property and casualty (P&C) and specialty risk division of AXA, has announced the appointment of Sylvain Eyraud as Country Manager, Italy, effective January 1st 2025. Eyraud will succeed Saverio Longo, who is leaving AXA XL after s...
Posted: Nov 28, 2025
Technology is reshaping the broking process toward more cedent-centric collaboration, as increasingly technical cedents expect to actively participate in shaping their reinsurance strategies, driving growth with challenger brokers, according to Je...
Posted: Nov 28, 2025
Seoul-based reinsurer Korean Reinsurance Company (Korean Re) has announced plans to commence operations for its Indian branch in April 2026. The reinsurer received regulatory approval to establish a new branch in Gujarat International Finance Tech...
Posted: Nov 28, 2025
Global reinsurer Ariel Re Managing Agency Limited (Ariel Re) has announced that Lloyd’s has formally approved the establishment and management of Ariel Re Syndicate 2006. The syndicate has been granted Permission to Underwrite in line with its agr...
Posted: Nov 28, 2025
The Insurance Council of Australia (ICA) has expanded the catastrophe declaration for the severe storm and hail events that struck Queensland and New South Wales over the past week, extending it to all postcodes in both states for the period 20–27...
Posted: Nov 28, 2025
Pool Re, the UK’s largest terrorism reinsurer, has highlighted the significant terrorism insurance gap among small and medium-sized enterprises (SMEs), with industry experts calling for terrorism cover to be reinstated as a standard feature of com...
Posted: Nov 28, 2025
According to Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, the cyber insurance market is poised to continue growing at “great speed over 2026.” The firm predicts that throughout next year, insurer...
Posted: Nov 28, 2025
The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) has announced the appointment of Yaser Yousef Naghi as Chairman of the Board of Directors, and Rakan Abdullah Abunayyan as Vice Chairman. Both appointments have bee...
Posted: Nov 28, 2025
APAC’s overall insurance stability continues to rest heavily on its most advanced markets, according to credit rating agency AM Best, with Japan, Singapore, Hong Kong, and South Korea providing the strongest foundation for regional credit quality...
Posted: Nov 27, 2025
New Zealand-based insurer, Tower Limited, has reported an underlying profit after tax (underlying NPAT) of $107.2 million and a reported profit of $83.7 million for the financial year ended 30 September 2025. This increase was a significant turnar...
Posted: Nov 27, 2025
Piraeus Financial Holdings S.A. has announced that its subsidiary, Piraeus Bank S.A. (Piraeus), has completed the acquisition of 100% of the shares of Ethniki Insurance’s parent company, Ethniki Holdings S.à.r.l., from CVC Capital Partners Fund VI...
Posted: Nov 27, 2025
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has announced the appointment of Beth Jenkins as a Senior Casualty Underwriter. In her new role, Jenkins will support t...
Posted: Nov 27, 2025
Re, a decentralised reinsurance protocol that connects institutional capital with fully collateralised insurance risk, has authorised $134 million in reinsurance across multiple programs, a major expansion of capital to be deployed across its insu...
Posted: Nov 27, 2025
Adam Hemingway, who leads the Global Aviation & Space division at WTW, an advisory, broking and solutions firm, offers a candid look at how a succession of costly airline incidents has transformed expectations for 2025. What was meant to be a...
Posted: Nov 27, 2025
A new assessment from the global reinsurer Munich Re, draws on the expertise of Chief Climate Scientist Tobias Grimm and Lisa Hanselmann, Head of NatCatSERVICE, and sets out how major economies are increasingly strained by weather-related catastro...
Posted: Nov 27, 2025