Reinsurance News
Jim Williamson, President and Chief Executive Officer at Bermudian insurer an reinsurer, Everest, characterised the property catastrophe reinsurance market as a “still very favourable environment,” describing it as well-priced and a risk the compa...
Posted: Oct 28, 2025
The Hartford has disclosed a record Q3 2025 net income available to common stockholders of $1.1 billion, up a considerable 41% from $761 million in the same period of 2024. According to the firm, the increase was primarily driven by lower Property...
Posted: Oct 28, 2025
Aon’s 2025 Global Risk Management Survey has found that UK businesses are outpacing their global peers in risk management and governance, with nearly eight in ten UK respondents (78.6%) reporting direct board involvement compared with 61.4%...
Posted: Oct 28, 2025
Royal London, a mutual provider of life, pensions, and investment solutions, has finalised a £16 million bulk purchase annuity (BPA) arrangement with the Premdor Crosby Pension Plan. This transaction, which secures benefits for 181 members, is the...
Posted: Oct 28, 2025
Ignite Specialty Risk, a provider of litigation risk insurance, has made four key appointments to its Executive Team and UK Underwriting function, supporting its growth and ongoing development across the UK, Europe, and US markets. Angus Eames joi...
Posted: Oct 28, 2025
UK-domiciled flood science specialist JBA Risk Management is establishing its Indian operations by opening an office in Bangalore next month, led by Mansi Kalra as Managing Director (MD). The move is motivated by the growing demand for advanced fl...
Posted: Oct 28, 2025
Canopius Group, a global specialty and P&C re/insurer, has announced the appointment of Lisa Leftwich as US Regional Head of Strategy and Transformation. In her new role, Leftwich will leverage her over 20 years of experience in corporate stra...
Posted: Oct 28, 2025
Bermuda-based insurer and reinsurer, Everest Group, has reported an underwriting loss of $130 million for the Group in its third quarter 2025 results, as the strong performance of its reinsurance business was more than offset by the impacts of str...
Posted: Oct 28, 2025
Life and health reinsurer Pacific Life Re has completed the first of two asset-intensive flow reinsurance transactions in Japan, marking its entry in the segment. The transactions were executed with two Japanese life insurers, representing a key m...
Posted: Oct 28, 2025
Arch Capital Group Ltd., the Bermuda-based insurer and reinsurer, has reported a 62% year-on-year rise in underwriting income to $871 million for the third quarter of 2025, driven by a significantly stronger underwriting performance in its reinsur...
Posted: Oct 28, 2025
Bermuda-based insurance and reinsurance firm Everest has entered into an adverse development reinsurance agreement, effective October 1, 2025, supported by Longtail Re, an affiliate of Stone Ridge Holdings Group, with the cover composed of two lay...
Posted: Oct 28, 2025
Bermuda-domiciled insurer and reinsurer Everest Group has entered into definitive agreements to sell the renewal rights for its U.S., U.K., European, and Asia Pacific Commercial Retail businesses to American International Group, Inc. (AIG), subjec...
Posted: Oct 28, 2025
Credit rating agency AM Best has extended Hadron group’s Financial Strength Rating of A- (Excellent), Financial Size Category VIII, to The Guarantee Company of North America USA (GCNA). Hadron, an insurance carrier focused on innovation in the del...
Posted: Oct 28, 2025
Corebridge Financial, Inc. (NYSE: CRBG), a provider of insurance and retirement solutions, has announced that its Board of Directors has elected Tomohiro Yao as a director, effective immediately. With Yao’s appointment, the Board expands from 13 t...
Posted: Oct 28, 2025
ICW Group Insurance Companies, a group of property and casualty insurers, has appointed Lynn Moretti as Chief Claims Officer, which sees her relocate from London to the company’s headquarters in San Diego, California. In her new role, she le...
Posted: Oct 28, 2025
According to a new report from the credit rating agency AM Best, Canada’s property and casualty (P&C) insurers drew on strong capital reserves, prudent pricing, and sound risk management practices to absorb the financial effects of the country...
Posted: Oct 27, 2025
International General Insurance Holdings Ltd. (IGI) has appointed Malcolm Barnes as the Head of Specialty Treaty, based in its London office. In his new role, Barnes is responsible for building and managing the IGI’s specialty treaty reinsurance b...
Posted: Oct 27, 2025
AXA XL supported the publication of a new report by the Cambridge Centre for Risk Studies (CCRS), which highlighted the increasing frequency and severity of wildfires in California and the critical role of the re/insurance industry in enabling an...
Posted: Oct 27, 2025
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has appointed Hitesh Ramesh Chandra Joshi as interim Chairman-cum-Managing Director (CMD), effective October 1st, 2025. The appointment was approved by the Minist...
Posted: Oct 27, 2025
Goosehead Insurance, an independent personal lines insurance agency, reported a total revenue increase of 16% to $90.4 million for the third quarter of 2025, with a 15% increase in total written premiums to $1.2 billion. Core Revenues, a non-GAAP...
Posted: Oct 27, 2025
The US composite rate has declined by 1% in the third quarter of 2025 after remaining flat in the prior quarter, according to Marsh’s Global Insurance Market Index. This overall drop was largely driven by US property insurance rates, which decline...
Posted: Oct 27, 2025
Majesco, a provider of cloud-based insurance software, has announced the launch of a new managing general agent (MGA) Model Office for P&C CoreConnect. This new model office is described as an innovative, fully pre-configured MGA system that i...
Posted: Oct 27, 2025
Gallagher Re, the reinsurance broker and risk advisory firm, provides new insights into Japan’s non-life insurance sector in its latest Asia Pacific Market Watch Report. The report shows that Japan, a global top-ten market by non-life premiums and...
Posted: Oct 27, 2025
Mozambique has received a $2 million parametric insurance payout for drought protection covering the 2025–2026 agricultural season, marking the country’s third consecutive year of coverage under the African Development Bank’s disaster risk financi...
Posted: Oct 27, 2025
UK insurer Legal and General Assurance Society Limited (L&G) has completed two buy-ins totalling £4.6 billion with pension schemes sponsored by Ford Motor Company Limited, the Ford Hourly Paid Contributory Pension Fund and the Ford Salaried Co...
Posted: Oct 27, 2025