Reinsurance News

North America life insurance sector outlook remains neutral for 2026: Fitch

Fitch Ratings maintains a ‘neutral’ sector outlook for North American life insurers in 2026 despite a more challenging backdrop, citing that strong balance sheets will help mitigate a potential slowdown in economic growth, heightened macroeconomic...

Posted: Dec 04, 2025

FEMA saw 50% rise in number of participating reinsurers for 2025 NFIP renewal

The U.S. Federal Emergency Management Agency (FEMA) has now reported the participants on the National Flood Insurance Program’s (NFIP) reinsurance placement for 2025, with a 50% increase in the number of participants when compared with the p...

Posted: Dec 04, 2025

Marco Capital acquires Stewart Title Europe

Marco Capital Holdings Limited, a European property and casualty (P&C) insurance run-off group, has acquired Stewart Title Europe Limited, which has been in run-off since the start of 2025. Marco Capital provides reinsurance and finality solut...

Posted: Dec 04, 2025

AM Best upgrades credit ratings of CNA Financial and subsidiaries

AM Best has upgraded the credit ratings of Chicago-based insurer CNA Financial Corporation (CNAF) and its property/casualty (P/C) subsidiaries, collectively known as CNA Insurance Companies (CNA), and the members of Western Surety Group (WSG). Fin...

Posted: Dec 04, 2025

Creative reinsurers to succeed in competitive 2026 market: Westfield’s Christopher Gray

Christopher Gray, Divisional Director, Reinsurance at Westfield Specialty International, emphasised that reinsurers will need to be creative to succeed in 2026, offering multi-class expertise, cross-class relationships, and the ability to develop...

Posted: Dec 04, 2025

Aberdeen Group to sponsor Stagecoach Pension Scheme, opening new opportunities for asset managers

Aberdeen Group plc, an investment manager overseeing more than £200 billion in assets for pension, insurance, and other institutional clients, has agreed to become the sponsoring employer for the Stagecoach Group Pension Scheme (SGPS). This strate...

Posted: Dec 04, 2025

SRS appoints Sandy Bigglestone as Managing Director, CGRCO

Strategic Risk Solutions (SRS), an independent insurance company manager, has announced the appointment of Sandy Bigglestone as Managing Director/Chief Governance, Regulatory & Compliance Officer (CGRCO), effective January 2026. In her new rol...

Posted: Dec 04, 2025

LMA expects 2026 to be a ‘year of significant transition’ for market operations

The Lloyd’s Market Association (LMA) anticipates 2026 will be a “year of significant transition” particularly in claims management and the market’s business planning approach amid softening rates and new regulatory expectations. The Associat...

Posted: Dec 04, 2025

Howden US appoints Elizabeth Neumann as EVP, Financial Lines Claims Leader

Howden, the global insurance and reinsurance broking group, has announced the appointment of Elizabeth Neumann as Executive Vice President (EVP), Financial Lines Claims Leader. Based in New York, Neumann will form part of the US Financial Lines ma...

Posted: Dec 04, 2025

K2 Rubicon Specialty strengthens marine underwriting team with Hayward appointment

K2 Rubicon Specialty, a division of K2 International and K2 Insurance Services, has announced the appointment of Vicky Hayward as Head of Hull. With this new hire, K2 Rubicon Specialty strengthens its marine underwriting capabilities, as well as i...

Posted: Dec 04, 2025

Hong Kong fire losses to be manageable for China Taiping Insurance: Fitch

Fitch Ratings expects the recent Wang Fuk Court fire in Hong Kong to result in a surge in near-term claims, but says these should be manageable and unlikely to affect the rating of China Taiping Insurance Group Ltd. (TPG, A-/Stable), whose Hong Ko...

Posted: Dec 04, 2025

Skyward Specialty secures regulatory approval to acquire Apollo

Property and casualty insurer Skyward Specialty Insurance Group Inc. has secured the required regulatory and minority shareholders’ approvals for the 100% acquisition of Lloyd’s specialist, Apollo Group Holdings Limited. As announced in Sept...

Posted: Dec 04, 2025

RSUM’s North American Professional Liability Team rebrands as Ryan Financial Lines

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has formally rebranded its North American Professional Liability (NAPL) team to Ryan Financial Lines. This addition aims to significantly strength...

Posted: Dec 04, 2025

Vienna Insurance Group outlines evolve28 strategy with targets through 2028

Vienna Insurance Group, the multinational insurer operating across Central and Eastern Europe, has set out its aims for the next three years as it introduces its new strategic programme, evolve28. The company has detailed quantitative targets desi...

Posted: Dec 04, 2025

MSIG Europe announces leadership transition as Patrick Smolka prepares to depart

MSIG Europe SE, a recognised provider of P&C and marine insurance solutions across the continent, has announced an upcoming shift within its senior underwriting team. Patrick Smolka, who has served as one of MSIG Europe’s Chief Underwriting Of...

Posted: Dec 04, 2025

CCRIF introduces Livelihood Protection Policy to support vulnerable groups after severe weather even...

CCRIF, a regional risk pooling organisation that provides parametric insurance to Caribbean and Central American governments, has introduced the Livelihood Protection Policy (LPP) in Jamaica as the country continues to deal with the aftermath of H...

Posted: Dec 04, 2025

Munich Re’s American Modern appoints Eric Hunziker Chief Digital and Operating Officer

American Modern Insurance Group, Inc., a specialist insurance provider and part of Munich Re, has confirmed that Eric Hunziker has taken on the position of Chief Digital and Operating Officer (CDOO), replacing Paul Schneider, who is set to retire...

Posted: Dec 04, 2025

Hong Kong fire to add pressure to P&C sector’s earnings: S&P

A new review by S&P Global Ratings notes that losses from the recent destructive fire at a Hong Kong residential complex are likely to further strain the underwriting performance of the territory’s property and casualty (P&C) insurance ind...

Posted: Dec 04, 2025

AM Best shifts Conduit Re’s outlook to stable and reaffirms strong ratings

AM Best, the credit rating agency, has adjusted its outlook on Conduit Reinsurance Limited (Conduit Re) from positive to stable. The agency also confirmed Conduit Re’s Financial Strength Rating of A- (Excellent) and its Long-Term Issuer Credit Rat...

Posted: Dec 04, 2025

Tiptree shareholders approve sale of Fortegra to DB Insurance

Tiptree has announced that its shareholders have approved the previously disclosed agreement for DB Insurance Co., Ltd. to acquire all outstanding shares of The Fortegra Group, Inc., a global specialty insurer and subsidiary of Tiptree, at the com...

Posted: Dec 04, 2025

Swiss Re promotes Nicole Pieterse to Chief People Officer

Zurich-domiciled global reinsurance company, Swiss Re, has promoted Nicole Pieterse to the role of Chief People Officer, effective January 1st, 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons. Currently...

Posted: Dec 04, 2025

Ryan Specialty completes acquisition of Canadian MGU SSRU

Specialty insurer, Ryan Specialty, has completed its previously announced purchase of Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU). SSRU, a specialist in underwriting large-account, high-hazar...

Posted: Dec 04, 2025

Everest names Bradica as Group Chief Actuary and Kerényi as CRO

Bermuda-based insurer and reinsurer, Everest Group, has appointed Katy Bradica as its new Group Chief Actuary, and named Attila Kerényi as Group Chief Risk Officer, both effective early January 2026. The pair join the firm’s executive leader...

Posted: Dec 04, 2025

Lloyd’s Market Association introduces expanded Emerging Litigation Forum

The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has announced the creation of the Emerging Litigation Forum (ELF). Introduced by the LMA, this new Forum takes the place of the Envir...

Posted: Dec 04, 2025

Royal London secures £55m BPA transaction as deal pipeline expands

Royal London, a mutual provider of life, pensions, and investment solutions, has secured a £55 million bulk purchase annuity (BPA) transaction with the Trustees of the Steamship Insurance Management Services Limited Pension and Assurance Scheme. S...

Posted: Dec 04, 2025