Reinsurance News

Despite it still being early days, Christoph Jurecka, Chief Financial Officer at Munich Re, has estimated that the firm’s losses related to Hurricane Melissa will reach the mid-triple-digit million-euro range. During Munich Re’s Q3 2025 earn...

Posted: Nov 11, 2025

Insurance holding company Ambac Financial Group, Inc. has reported organic revenue growth of 40% in its Insurance Distribution segment, as total revenue grew by 80% to $43 million for the quarter, compared to $24 million in Q3’24. For the Insuranc...

Posted: Nov 11, 2025

International specialist insurer Hiscox has released updated estimates for Syndicate 33’s and Syndicate 6104’s 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12% to 22% on its...

Posted: Nov 11, 2025

Insurance and reinsurance broking firm Aon has launched Claims Copilot, an artificial intelligence-enabled single, integrated platform to enhance client outcomes, bringing together expert advocacy and advanced technology. Aon Claims Copilot reflec...

Posted: Nov 11, 2025

Lockton, an independent insurance broker, has expanded its operations into the Kingdom of Saudi Arabia and appointed Mohammad Al Abdul Jabbar as Chief Executive Officer (CEO) for its retail operations in the region. This expansion is part of the b...

Posted: Nov 11, 2025

Munich Re, one of the world’s largest reinsurance companies, has confirmed its annual guidance of €6 billion for the 2025 financial year, after generating an improved net result for both the third quarter and first nine months of the year, w...

Posted: Nov 11, 2025

Willis Re, a specialised reinsurance broker, reports that two parametric risk transfer deals have recently drawn attention after confirming swift payouts to Jamaica. Hurricane Melissa activated the country’s $150 million World Bank sovereign bond,...

Posted: Nov 11, 2025

U.S. Risk, a specialty lines underwriting manager and wholesale broker, and program administrator, Safehold Special Risk, are combining business operations under a new unified brand, Innovation Growth Partners Specialty, LLC (IGP Specialty). The m...

Posted: Nov 11, 2025

Berkshire Hathaway Specialty Insurance (BHSI), a commercial property and casualty insurer that provides tailored solutions to businesses of all sizes, has appointed Frederic de Blieck as Country Manager for Belgium, continuing in his current role...

Posted: Nov 11, 2025

Gartner, Inc., a research and advisory company providing insights on business and technology trends, reports that the slow-growth economic environment, driven by tariff-related trade tensions and other factors, emerged as the top concern among ent...

Posted: Nov 10, 2025

Hadron, a hybrid carrier that provides insurance capacity and fronting services to MGAs for specialty insurance coverage, has announced plans to enter the European Union (EU) in early 2026. This decision builds upon a year of substantial growth in...

Posted: Nov 10, 2025

Specialist Lloyd’s broker New Dawn Risk has appointed George Brooke as a Senior Broker within its Management Liability & Financial Institutions team. In his new role, Brooke will be based in London and report to Jack Keilty, Head of Management...

Posted: Nov 10, 2025

P&C insurance holding company Kingstone Companies has released its financial results for the third quarter of 2025, reporting a net income of $10.9 million, a 56% increase from the $6.9 million seen a year earlier. Kingstone’s net combined rat...

Posted: Nov 10, 2025

Specialist insurer Hiscox has published its first Global Protection Gap Report, highlighting the persistent issue of underinsurance among small and medium-sized enterprises (SMEs). According to Hiscox, nearly three-quarters of small businesses wor...

Posted: Nov 10, 2025

There have recently been several significant weather events across Queensland, New South Wales, and Victoria, with Australian insurer IAG receiving over 10,000 claims—primarily related to motor and property hail damage—while its strong reinsurance...

Posted: Nov 10, 2025

The Cooperative Insurance Company (Tawuniya) has obtained the necessary license from the Insurance Authority (IA) to establish its new, wholly-owned subsidiary, Riyadh Reinsurance Company (Riyadh Re). Headquartered in Riyadh and incorporated on No...

Posted: Nov 10, 2025

The World Wide Fund for Nature (WWF), an independent conservation organisation, is calling on policymakers and financial regulators gathering at COP30 to place climate and nature action at the centre of financial resilience strategies. In a new po...

Posted: Nov 10, 2025

Conduit Holdings, the Bermuda-based reinsurer and specialty insurance group, outlined a measured approach to portfolio management and risk alignment during its Q3 2025 earnings call. Chief Executive Officer Neil Eckert and Chief Financial Officer...

Posted: Nov 10, 2025

Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Marco Araldi as Chief Executive Officer (CEO) of Marsh McLennan Italy, effective January 2026. Araldi succeeds Andrea Bono, who has been appointed CEO of Marsh...

Posted: Nov 10, 2025

HCI Group, Inc., a Tampa-based holding company primarily engaged in property and casualty insurance through its subsidiaries, reported a 13% rise in gross premiums earned for the third quarter of 2025 to $301.1 million from $265.5 million in Q3’24...

Posted: Nov 10, 2025

Willis, a WTW business, has announced three senior appointments to its Direct and Facultative team in Great Britain. The additions of Fiona Kerr, David Watson, and James Kelly highlight the firm’s focus on expanding its global facultative expertis...

Posted: Nov 10, 2025

Global reinsurance brokerage Gallagher Re has strategically partnered with Nanyang Technological University, Singapore (NTU Singapore), ranked among the world’s top universities, to establish the Gallagher Re Asia Hazards Program and co-fund three...

Posted: Nov 10, 2025

The United Nations Environment Programme (UNEP) hosted the Forum for Insurance Transition (FIT), which recommended establishing an International Taskforce on Climate Resilience and Transition Insurance. This taskforce would unite insurers, the bro...

Posted: Nov 10, 2025

Global reinsurer Hannover Re expects to book a three digit loss for Hurricane Melissa, but is confident that its share of loss from the event will be less than the roughly €450 million of unused third quarter large loss budget. This morning, Hanno...

Posted: Nov 10, 2025

AM Specialty Insurance Company (ASIC), an excess and surplus (E&S) insurance firm and an accredited reinsurer, has promoted Thomas Randall to Company Secretary of AM Specialty Insurance Company (ASIC U.S.). This promotion aligns with the re/in...

Posted: Nov 10, 2025