Reinsurance News
Fitch Ratings assessed all large European composite insurers in its peer group as having ‘Strong’ to ‘Very Strong’ profitability, supported by diversified earnings sources that provide stability through cycles. The peer group comprises Allianz SE...
Posted: Oct 30, 2025
The Department of Finance (DOF), the Philippine government agency responsible for managing the country’s fiscal policies, public finances, and economic resilience, is leading a new regional initiative aimed at helping Southeast Asian nations prote...
Posted: Oct 30, 2025
The Board of Directors of the African Development Bank Group has approved a $6 million grant to the African Risk Capacity (ARC) to strengthen disaster preparedness and risk financing efforts across Africa for the 2025–2026 period. According to the...
Posted: Oct 30, 2025
Convex Group Limited, the international specialty insurer and reinsurer, has announced a new long-term ownership structure in which Onex Corporation will take a leading 63% stake and AIG will become a strategic minority investor with a 35% equity...
Posted: Oct 30, 2025
Markel Group has reported that its insurance business, Markel Insurance, saw an underwriting gross premium volume increase of 11% for the third quarter of 2025 to $2.72 billion from $2.5 billion last year. For the nine month period ended September...
Posted: Oct 30, 2025
AM Best has maintained a stable outlook for China’s non-life insurance sector, supported by steady premium growth driven by the expansion of new energy vehicles (NEVs), ongoing health reforms, emerging product innovations, and regulatory initiativ...
Posted: Oct 30, 2025
Fortegra Insurance UK Limited, part of the Fortegra Group, a specialty insurer, has been officially added to the National Association of Insurance Commissioners (NAIC) Quarterly Listing of Alien Insurers, published in the NAIC’s October Edition 24...
Posted: Oct 30, 2025
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has reported a rise in underwriting income for both the third quarter and nine month period ended September 30th, 2025, with a strong performance in its insurance and reinsurance...
Posted: Oct 30, 2025
Credit ratings agency AM Best has revised the outlooks of Everest Group, Ltd. and its operating subsidiaries to negative from stable, and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-T...
Posted: Oct 30, 2025
Verisk Analytics, a data analytics and technology provider, announced its financial results for the third quarter of 2025, reporting $768 million in revenue, up 5.9%, and up 5.5% on an organic constant currency (OCC) basis. Net income also experie...
Posted: Oct 30, 2025
Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed Jamie Ricketts to the newly created role of Managing Director (MD) of Financial Institutions, effective immediately. In his new role, Ricketts reports t...
Posted: Oct 30, 2025
Qatar Insurance Company (QIC Group) has announced its financial results for the first nine months of 2025, reporting a net profit of QAR 588 million, a 12% increase compared to the same period the year prior. The Group’s net profit before Pillar I...
Posted: Oct 30, 2025
Arch Global Services India, a wholly-owned subsidiary of insurer and reinsurer Arch Capital Group Ltd., has announced the opening of its new office in Hyderabad. Managed by Raju Chiluvuri as Arch Global Services India Technology Head, the Hyderaba...
Posted: Oct 30, 2025
China Property and Casualty Reinsurance Company Ltd. (China Re P&C) released its unaudited results for the nine months ended 30 September 2025, reporting a net profit of RMB 2,246 million (USD 316m), up approximately 77% from RMB 1,272 million...
Posted: Oct 30, 2025
Starr, the global investment and insurance company has entered into a definitive agreement to acquire IQUW Group, the specialty insurance and reinsurance organisation. The deal is expected to expand Starr’s underwriting capabilities and position t...
Posted: Oct 29, 2025
Mutual Re, a Chicago-based reinsurance underwriting association writing business through reinsurance intermediaries, has announced the addition of Mutual Assurance Society of Virginia will be added to its ownership group. Effective January 1, 2026...
Posted: Oct 29, 2025
mea Platform, a company specialising in AI solutions for the insurance industry, has announced the launch of mea Operations, a suite of AI products tailored to improve operational efficiency in re/insurance. Building on its experience helping clie...
Posted: Oct 29, 2025
Kevin J. O’Donnell, President and Chief Executive Officer of global property and casualty reinsurer, RenaissanceRe (RenRe), said today that he is optimistic the January 1 renewals will be a pricing shift in the property catastrophe space, wi...
Posted: Oct 29, 2025
Canopius Group, a global specialty and property & casualty re/insurer, has announced the appointments of Michelle Rudd as Chief Operating Officer, APAC, and Vanessa Hall as Casualty Underwriter. Both based in Sydney, these hires reinforce Cano...
Posted: Oct 29, 2025
African Risk Capacity Limited, the commercial insurance affiliate of the African Union’s African Risk Capacity Group, has announced the launch of new Shariah-compliant protection solutions designed to strengthen climate resilience and expand acces...
Posted: Oct 29, 2025
Global specialty insurer and reinsurer Ascot has expanded its specialty marine offering with the launch of its new US yacht product, Ascot Admiralty Reserve. This new product has been built to offer comprehensive, bespoke coverage for fully captai...
Posted: Oct 29, 2025
US life and annuity (L/A) insurers expanded their private credit portfolios by 6% in 2024, according to a new report from the credit rating agency AM Best, marking a doubling of such holdings over the past decade. AM Best attributes this growth to...
Posted: Oct 29, 2025
Zurich Insurance Group, in collaboration with the University of St. Gallen, is reimagining the future of insurance with its newly launched artificial intelligence (AI) Lab, Zurich AI Lab, aimed to accelerate industry transformation. Led by Group C...
Posted: Oct 29, 2025
Jim Williamson, Chief Executive Officer (CEO) of global insurer and reinsurer, Everest Group, said yesterday that there’s no reason to expect the firm’s casualty reinsurance portfolio to perform in the same way as its “bottom qua...
Posted: Oct 29, 2025
Relm Insurance, an insurer focused on emerging and innovative industries, has launched a UK MGA through its partnership with Bridgehaven Specialty UK Limited. According to the firm, this new MGA will provide a responsive underwriting experience an...
Posted: Oct 29, 2025