Reinsurance News

Canada Life, an insurance and financial services company, has completed its third pension scheme buy-in transaction worth £41 million with drinks maker, A.G. Barr p.l.c., safeguarding 300 pension scheme members’ future benefits. The beverage...

Posted: Nov 07, 2025

Trisura Group Ltd., a specialty insurance provider, reported an operating net income of $34.4 million in the third quarter of 2025, up 3.6% compared to $33.2 million in the same period a year earlier, demonstrating consistent profitable underwriti...

Posted: Nov 07, 2025

Relm Insurance, an insurer focused on emerging and innovative industries, has appointed Jay Virdi as Distribution Leader for North America (NA) of Relm US Insurance Solutions. In his new role, Virdi will report to Christian Davies, Relm’s Global H...

Posted: Nov 07, 2025

Large insurer Zurich Insurance Group has appointed Megan Shao as Chief Claims Officer, Asia Pacific (APAC), effective February 1st, 2026, based in Singapore. In her new role, Shao will report to Sean Walker, Head of Commercial Insurance & Chie...

Posted: Nov 07, 2025

Peter Zaffino, Chairman and CEO of global insurer AIG, said the company is accelerating its deployment of generative artificial intelligence (Gen AI) to digest data more effectively and access a broader range of data points, helping underwriters m...

Posted: Nov 07, 2025

Global credit rating agency Fitch Ratings warns that alternative investment managers’ (Alt IMs) growing participation in Lloyd’s syndicates and US casualty sidecars is introducing new third-party capital to the reinsurance market but also increasi...

Posted: Nov 07, 2025

Heritage Insurance has reported net income of $50.4 million for the third quarter of 2025, an increase from $8.2 million in the prior year quarter, primarily driven by a significant reduction in losses and loss adjustment expenses and a reduction...

Posted: Nov 07, 2025

Westfield Specialty, a global specialty insurance carrier, reported a strong combined ratio of 89.9% for the first nine months of 2025, alongside underwriting income of $92 million, which are “considerably ahead of planned results.” For 9M’25, gro...

Posted: Nov 07, 2025

Fairfax Financial Holdings Limited has announced its financial result for the third quarter of 2025, reporting net earnings of $1,151.7 million, increasing from the $1,030.8 million net earnings reported in the same period last year. This increase...

Posted: Nov 07, 2025

The Reinsurance Association of America (RAA), a national trade association representing property and casualty reinsurers operating in the United States, has appointed Tracey Laws as its President and Chief Executive Officer (CEO), effective Decemb...

Posted: Nov 07, 2025

Liberty Mutual Holding Company (LMHC) has reported net income of $2.22 billion, and a consolidated combined ratio of 84.7% for the third quarter of 2025, driven by strong underwriting performance and a drop in catastrophe losses Q3 2025’s net inco...

Posted: Nov 07, 2025

Specialty insurer Palomar Holdings, Inc. reported a net income of $51.5 million in the third quarter of 2025, up 68.7% from $30.5 million in the same period a year earlier. In Q3’25, gross written premiums increased 43.9% to $597.2 million, compar...

Posted: Nov 07, 2025

Catastrophe risk modeller Moody’s RMS Event Response has estimated private market insured losses driven primarily by wind impacts in Jamaica, with minimal contributions from other impacted Caribbean islands, including the Bahamas, Haiti, and...

Posted: Nov 07, 2025

The government of Jamaica is set to receive a second payout of USD 21.1 million following the passage of Hurricane Melissa, which has triggered the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company’s (CCRIF SPC) excess rai...

Posted: Nov 07, 2025

Global Insurance Law Connect (GILC), an international network of law firms specialising in insurance and reinsurance, has published its inaugural Property Catastrophe and Climate Governance Report, drawing on contributions from 23 member firms wor...

Posted: Nov 07, 2025

1B Insurance has announced that founder Akin Båmstedt has officially assumed full executive leadership as Chief Executive Officer (CEO), taking over from John Morley. Based in Zug, Switzerland, 1B Insurance is dedicated to securing emerging techno...

Posted: Nov 07, 2025

Marco Capital Holdings Limited, a European group specialising in the acquisition and management of property and casualty (P&C) insurance run-off portfolios and companies, has finalised the purchase of R&Q Gamma Company Limited. R&Q Gam...

Posted: Nov 07, 2025

EDME Insurance Brokers, one of India’s largest insurance and reinsurance broking firms, has announced the appointment of Vinod Krishnan as the Chief Executive Officer of its Treaty Reinsurance vertical. In his new role, Krishnan will spearhead the...

Posted: Nov 07, 2025

Specialist insurer Hiscox’s multi-year collaboration with Google is serving as a central growth driver for the deployment of artificial intelligence (AI) and machine learning across its business, according to comments by the company’s CFO, Paul Co...

Posted: Nov 07, 2025

The Baldwin Group, an independent insurance distribution firm, has appointed Joe Valerio as Chief Operating Officer (COO) of Insurance Advisory Solutions (IAS), the firm’s retail property and casualty and employee benefits brokerage business. In h...

Posted: Nov 07, 2025

Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a...

Posted: Nov 07, 2025

Kestrel Group Ltd, a recently established specialty insurance platform that provides fronting services to program managers, reinsurers, and reinsurance brokers, has reported total third quarter 2025 revenues of $17.4 million compared to $752 thous...

Posted: Nov 06, 2025

AM Best expects another strong year of operating profitability for the reinsurance sector in 2025, supported by a relatively benign third quarter for catastrophe activity, while emphasising that reinsurers must maintain discipline at the upcoming...

Posted: Nov 06, 2025

Juniper Re, a reinsurance brokerage firm, has announced the opening of its New York City office and the appointment of Bo Wulsin as Broker. Wulsin joins Juniper Re with ten years of experience in the re/insurance industry, having previously held b...

Posted: Nov 06, 2025

Slide Insurance Holdings, Inc, has announced its financial results for the third quarter of 2025, reporting a significant net income increase, to $111 million, gross premiums written growth of 33.8%, and record low combined ratio of 48.5%. This ye...

Posted: Nov 06, 2025