Reinsurance News
Corebridge Financial, an American multinational financial services company, has announced its financial results for the third quarter of 2025, reporting net income of $144 million, which compares to a loss of $1.2 billion in the same period last y...
Posted: Nov 04, 2025
James River Group Holdings, Ltd., a Bermuda-domiciled insurance holding company, reported underwriting income of $8.9 million in the third quarter of 2025, compared to a loss of $56.8 million in the same period last year, with its combined ratio i...
Posted: Nov 04, 2025
Westfield Specialty International, a specialty insurance provider, has announced the appointment of Anthony Baldwin as President, Specialty International, subject to regulatory approval. In his new role, the executive will be responsible for all W...
Posted: Nov 04, 2025
Mitsubishi Electric Corporation has announced the completion of the sale of all shares in its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. Mitsubishi Electric Insurance Service was establi...
Posted: Nov 04, 2025
Dallas-based E&S carrier AM Specialty Insurance Company (ASIC) is reportedly seeking London-sourced, U.S.-domiciled specialty reinsurance opportunities in the run-up to the January 1, 2026, renewal season. According to ASIC, since its launch t...
Posted: Nov 04, 2025
Global professional services firm Aon has released its Q3 2025 Global Insurance Market Insights report, which outlines one of the most competitive insurance markets seen in recent years. According to Aon, buyers across many regions are benefiting...
Posted: Nov 04, 2025
According to a new PwC report, three legacy transactions were publicly disclosed in Q3 2025, bringing the year-to-date total to 26 deals with a combined £1.36 billion in gross liabilities transferred. “Consistent with much of the activity ob...
Posted: Nov 04, 2025
Greenlight Capital Re has reported Q3 2025 net underwriting income of $22.3 million, up sharply from $6.1 million a year earlier, as the combined ratio improved to a record low of 86.6%. Meanwhile, the firm’s gross premiums written in Q3 202...
Posted: Nov 04, 2025
Conduit Holdings Limited, the ultimate parent company of Bermuda-based reinsurer Conduit Re, has appointed Stephen Postlewhite as Chief Underwriting Officer (CUO), effective January 26th, 2026, subject to Bermuda immigration approval. In his new r...
Posted: Nov 04, 2025
The Fédération des Agences de Souscription Européennes (FASE) has been recently launched as a pan-European association representing managing general agents (MGAs). Its mission is to connect MGAs with insurance capacity providers, brokers, investor...
Posted: Nov 04, 2025
Algorithmic Insurance Services, Inc. (LIRG) has selected insurtech MANiT Labs to serve as the core technology platform for its reinsurance brokerage operations. The partnership is a significant step in LIRG’s mission to become a global leader in r...
Posted: Nov 04, 2025
Markel Insurance, the insurance division of Markel Group Inc., has appointed Luna Bonifacio as Senior Claims Adjuster, its first claims role based in Dubai, effective immediately. In the new role, Bonifacio joins the Asia Claims team and will over...
Posted: Nov 04, 2025
Arch Global Services India, a wholly owned subsidiary of Arch Capital Group Ltd. has announced the opening of a new office in Trivandrum’s Technopark. Located in the Niagara building, the new offices are designed to encourage creativity and innova...
Posted: Nov 04, 2025
Fiducia, a Leeds-domiciled specialty insurance managing general agent (MGA), has appointed Graeme McFarlane as a new development underwriter to support brokers across Scotland and the north east of England. In his new role, Graeme will develop Fid...
Posted: Nov 04, 2025
The commercial property insurance market is experiencing continued softening, while casualty lines face broad uncertainty, The Baldwin Group’s recent Q3 2025 Market Pulse report has revealed. The report points at renewed competition, improving cap...
Posted: Nov 03, 2025
Acies MGU, a technology and data-driven Managing General Underwriter (MGU), has announced the launch of Subscribe MGA (Subscribe), its latest underwriting agency. Subscribe is a Lloyd’s-backed MGA specialising in financial lines insurance, includi...
Posted: Nov 03, 2025
Iprism, one of the UK’s largest independently-owned MGAs specialising in Construction, Property and Private Clients, has announced the appointment of Adrian Saunders as Non-Executive Chairman. Saunders first joined the Iprism board in April 2024 a...
Posted: Nov 03, 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has expanded its presence in Asia through a new partnership in the Philippines. The company has signed an agreement with Lacson & Lacson Insurance Brokers, Inc., an inde...
Posted: Nov 03, 2025
Insurer Core Specialty Insurance Holdings, Inc. and its subsidiaries have appointed Evan Cabat as Senior Vice President (SVP), Chief Financial Officer (CFO), effective immediately. Cabat brings nearly two decades of financial leadership to his rol...
Posted: Nov 03, 2025
Rokstone Construction Risk Underwriters (CRU), a US-based Speciality MGU and part of the global specialty reinsurance MGA Rokstone, has announced the launch of a new, comprehensive general liability (GL) program. The new GL program launches with A...
Posted: Nov 03, 2025
Arthur J. Gallagher Holdings (UK) Limited, part of the global insurance brokerage, risk management, and consulting group Gallagher, has announced the appointment of David Rush as an Independent Non-Executive Director. Rush brings almost 40 years o...
Posted: Nov 03, 2025
Chicago-based insurer CNA Financial Corporation has announced its financial results for the third quarter of 2025, reporting an increased net income of $403 million, 40% growth in core income and an improved Property & Casualty combined ratio...
Posted: Nov 03, 2025
The Extreme Event Solutions group at Verisk has estimated that industry insured losses to onshore property in Jamaica from Hurricane Melissa will likely range from $2.2 billion to $4.2 billion. The global data analytics and technology firm provide...
Posted: Nov 03, 2025
British insurer Aviva has announced the appointment of Richard Taylor as Head of Cyber & Tech E&O. Following Aviva’s acquisition of Probitas Holdings (Bermuda) Limited for a consideration of £249 million in July 2024, Taylor takes on a wid...
Posted: Nov 03, 2025
Berenberg analysts have suggested that the 2025 market softening stands apart from past soft cycles in its pace, discipline, starting point, and structural trends, potentially creating a more sustainable, risk-responsive environment, barring major...
Posted: Nov 03, 2025