Reinsurance News

UK SMEs underprepared for terrorism risk, warns Pool Re

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

Cyber insurance market to grow at ‘great speed over 2026,’ says Cowbell

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

MEDGULF appoints Chairman and Vice Chairman of the Board of Directors

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

Advanced APAC markets carry the region’s insurance stability: AM Best

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

Tower reports record FY25 profits as GWP increases to $600m

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 completes acquisition of Ethniki Insurance

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 appoints Beth Jenkins as Senior Casualty Underwriter

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 authorises $134m in reinsurance for deployment at Jan renewals

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

Airline losses reshape the Q4’25 renewal season: WTW

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

Rising costs of weather disasters challenge global economies, says Munich Re

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

Humanity Insured brings parametric insurance to Cambodian farmers facing extreme heat

Humanity Insured, a UK- and US-registered non-profit organisation, has announced a partnership with ARISE to deliver parametric insurance and digital advisory services to support smallholder farmers in Cambodia facing extreme heat. Humanity Insure...

Posted: Nov 27, 2025

Kestrel Group subsidiary initiates arbitration claim over reinsurance dispute

Kestrel Group has disclosed that its subsidiary, Genesis Legacy Solutions (GLS), has initiated arbitration against a ceding company under a reinsurance agreement, citing alleged breaches and misrepresentations. The arbitration arises from a reinsu...

Posted: Nov 27, 2025

Queensland and NSW storms push Suncorp to maximum reinsurance retention

Australian insurer Suncorp expects the recent supercell thunderstorms that brought large hail and destructive winds to South East Queensland and northern New South Wales to hit its full reinsurance retention of $350 million, with the storms prompt...

Posted: Nov 27, 2025

Alliant and BP Marsh backed Sodalis Capital launches

Sodalis Capital, founded and led by Colin Thompson as Chief Executive Officer (CEO) and backed by Alliant, an insurance intermediary, and BP Marsh & Partners PC, an AIM-listed specialist private equity investor, has officially launched this we...

Posted: Nov 27, 2025

QBE’s GWP reach $18.6bn in 9M’25 as firm reiterates full-year outlook

QBE has reported that gross written premium grew 6% in the nine months to 30 September 2025, reaching $18.6 billion. According to the insurer, gross written premium growth included a drag of around ~$250 million from the run-off of non-core lines...

Posted: Nov 27, 2025

Chris Mackinnon leaves Lloyd’s to build out Munich Re Specialty’s Australia presence

Munich Re Specialty, part of the insurance operations of global reinsurer Munich Re, has announced the joining of Lloyd’s veteran Chris Mackinnon to expand its presence in Australia. The appointment is subject to all regulatory approvals. As...

Posted: Nov 27, 2025

Tokio Marine Kiln adds Beresford as an underwriter for its Life Sciences team

Tokio Marine Kiln (TMK), an international specialist insurer and part of the Tokio Marine Group, has appointed Adele Beresford as an underwriter within its Life Sciences team, effective immediately. This appointment strengthens TMK’s ability...

Posted: Nov 27, 2025

AM Best upgrades Group Ark Insurance Limited’s Issuer Credit Rating

AM Best has upgraded Group Ark Insurance Limited’s (GAIL) (Bermuda) Long-Term Issuer Credit Rating to “a+” (Excellent) from “a” (Excellent) and affirmed its Financial Strength Rating of A (Excellent). GAIL is a wholly owned subsidiary of Ark Insur...

Posted: Nov 27, 2025

TWFG Insurance makes three leadership appointments

TWFG Insurance, a personal and commercial insurance US-focused independent distribution platform, has promoted Katherine Nolan to President, Julie Benes to Chief Legal Officer, and hired Mohan Vijayagopal as Chief Technology Officer. This series o...

Posted: Nov 27, 2025

AM Best keeps outlook for US L/A insurers steady

Credit rating agency AM Best continues to hold a stable outlook for the US life and annuity (L/A) insurance sector, citing steady premium growth, strong capital positions, and solid risk-adjusted measures. According to AM Best, these factors under...

Posted: Nov 26, 2025

S&P revises Saudi Re’s outlook to positive

S&P Global Ratings has revised Saudi Re’s outlook to positive from stable citing improved performance indicators, mainly the company’s strengthening competitive position and robust capital buffers. The rating agency also affirmed its ‘A-...

Posted: Nov 26, 2025

HDI Global introduces Cyquins and secures AWS cyber competency partner status

HDI Global, an international insurer specialising in commercial and industrial clients, has introduced Cyquins, a new cyber insurance option designed for fast digital evaluation and tailored protection. With a focus on midmarket organisations, Cyq...

Posted: Nov 26, 2025

Aspida Holdings appoints Suzanne Sadlier as Head of Regulatory Affairs

Aspida Holdings Ltd., a life insurance and annuity company, has appointed Suzanne Sadlier as Head of Regulatory Affairs. In her new role, Sadlier will oversee regulatory engagement across Aspida’s US, Bermuda, and Cayman platforms. Sadlier has ove...

Posted: Nov 26, 2025

ASR’s Syndicate 2454 expands to South Africa alongside regional underwriting buildout

Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has launched Syndicate 2454 in South Africa to underwrite insurance and reinsurance risks across the country and neighbouring markets from its base in Sandton. Reader...

Posted: Nov 26, 2025

Sam Batstone joins Markel’s new Construction & Engineering practice as underwriter

Markel International has announced the appointment of Sam Batstone as an Underwriter within its newly launched Construction & Engineering practice. Launched in November 2025, Markel’s Construction & Engineering practice within its internat...

Posted: Nov 26, 2025