Reinsurance News
ICMR predicts Lloyd’s CoR below 90% for 2025
23rd February 2026
Based on reported results to date from 17 of the 27 RISX index constituents, Insurance Capital Markets Research (ICMR) has projected that the Lloyd’s market will post a combined ratio of below 90% in its forthcoming 2025 results. In a new report, ICMR described the anticipated underwriting outcome as “exceptional”, adding ... Read the full article
QBE sees ‘strong & sustainable’ outcome at Jan 1 as retentions fall again
20th February 2026
Alongside its full-year 2025 results, QBE has also provided an update on its January 1, 2026, reinsurance renewal, where it secured a further reduction in retentions on its main catastrophe reinsurance tower amid favourable market conditions. QBE CFO Chris Killourhy said his firm delivered another strong and sustainable reinsurance outcome at ... Read the full article
Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit
20th February 2026
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months. The business unit being acquired by Swiss Re operates across Australia, New Zealand, and ... Read the full article
Jointly AI introduces autonomous insurance brokerage platform for UK personal lines brokers
23rd February 2026
Jointly AI, a UK-based insurance technology company focused on automating brokerage operations, has announced the release of Jointly AI Broker, an end-to-end autonomous AI platform developed for personal lines brokers in the United Kingdom. The company describes the product as a fully operational brokerage system rather than a conversational assistant. Instead ... Read the full article
WTW appoints George Lewkowicz as Global Lead for P&C Capital Modelling
23rd February 2026
WTW, a global advisory, broking and solutions company, has announced the appointment of George Lewkowicz as Global Proposition Leader for P&C Capital Modelling within its Insurance Consulting and Technology business. Based in London, Lewkowicz will spearhead WTW’s global P&C capital modelling and reinsurance pricing solutions, driving innovation, business development and tailored ... Read the full article
Everest promotes Latva-Kiskola to Chief Executive, Global Wholesale & Specialty, APAC
23rd February 2026
Everest Group, a Bermuda-based insurer and reinsurer, has promoted Tomi Latva-Kiskola to Chief Executive of Global Wholesale & Specialty, Asia Pacific (APAC). At Everest, Latva-Kiskola has held senior Asia-Pacific leadership roles since February 2024. He initially joined as Head of Insurance, Asia, before being appointed Chief Executive of Everest International Reinsurance Ltd., ... Read the full article
Singapore Reinsurers’ Association names PartnerRe’s James Beedle as new Chair
23rd February 2026
James Beedle, the current Chief Executive Officer (CEO) of Asia Pacific (APAC) at PartnerRe, has been appointed as the new Chair of the Singapore Reinsurers’ Association (SRA). In November 2024, Beedle stepped up as Deputy Chair, taking over from Marc Haushofer. In his new role, Beedle will strongly focus on collaboration ... Read the full article
Specialty MGA adds Neil Tayler as Senior Underwriter for specialist A&H portfolio
23rd February 2026
Specialty MGA, a managing general agent (MGA) and part of MNK Group, has strengthened its specialist underwriting capabilities with the appointment of Neil Tayler as Senior Underwriter. This appointment aligns with MNK Group’s broader growth strategy and commitment to drive innovation, secure new capacity, and deliver enhanced broker propositions across niche ... Read the full article
Westfield Specialty’s underwriting income hits $87.2m for FY’25
23rd February 2026
Westfield Specialty, a global specialty insurance carrier, has reported underwriting income of $87.2 million for the full year 2025 (FY'25), with a combined ratio of 93.1%. Gross written premium (GWP) hit $1.93 billion at the end of 2025. The insurer explained that these figures mean that results came in considerably ahead ... Read the full article
Guy Money appointed MD of Allianz Commercial Iberia
23rd February 2026
Market veteran Guy Money has been appointed Regional Managing Director for Iberia for Allianz Commercial and a member of the Board of Allianz Seguros (Spain). He will be taking over his new role on March 1st, 2026, subject to regulatory approval, and will be based in Madrid. Money will have dual reporting ... Read the full article
Coface posts €1.9bn consolidated turnover for 2025
23rd February 2026
For the full year 2025, credit insurer Coface has reported a stable consolidated turnover of €1.847 billion, a rise of 1.3% at constant FX and perimeter compared to 2024’s €1.844 billion. Revenue from insurance activities (including bonding and Single Risk) rose 0.6% at constant FX to €1.512 billion. The firm explained ... Read the full article
Fidelis Insurance increases common share repurchase authorisation to $400m
20th February 2026
Fidelis Insurance Group, a global specialty insurance and reinsurance company based in Bermuda, has expanded its capital management initiatives, increasing the current common share repurchase authorisation to $400 million. The expanded programme allows the company to buy back shares through open market purchases, accelerated share repurchases or privately negotiated transactions. This move ... Read the full article
Westfield Specialty appoints Will Chen as US CFO
20th February 2026
Will Chen, a 30-plus year veteran of specialty insurance, has joined Westfield Specialty US as Chief Financial Officer (CFO), reporting to Westfield Specialty President Jack Kuhn. In his new role, Chen will be responsible for the US financial strategy, including Financial Planning & Analysis (FP&A) and associated operational processes and controls. His ... Read the full article
Generali GC&C adds Zurich’s Mario Glanz as Head of Casualty
20th February 2026
Italian insurance giant Generali’s Global Corporate & Commercial (GC&C) business unit has appointed Mario Glanz as its new Head of Casualty. In his new role, Glanz will focus on further expanding GC&C’s casualty business worldwide under the insurer’s Next Level Plan. Glanz has over two decades of industry experience dedicated to casualty ... Read the full article
Ategrity’s underwriting income rises 160.3% as CoR improves to 84.9% in Q4’25
20th February 2026
Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the fourth quarter of 2025, with underwriting income rising 160.3% to $15.5 million from $5.9 million in the same period a year earlier, alongside an improved combined ratio of 84.9% compared with 92.3%. The improved combined ratio was driven by improvements ... Read the full article
Gallagher strengthens Romero Group with key appointments
20th February 2026
Gallagher, a global insurance broking and risk management company, has announced two key leadership appointments in Romero Group, which includes the Club Insure, NDML and Sentient brands. Jonathan Webb will be joining the Romero Group as Regional Managing Director on 23 February, and will be in charge of overseeing all aspects ... Read the full article
QBE FY25 net profit reaches $2.157bn with improved 91.9% CoR
20th February 2026
International insurer and reinsurer QBE has announced its financial results for the full year 2025, reporting a net profit after tax of $2,157 million and an improved combined operating ratio of 91.9%. FY 2025 net profit after tax increased from $1,779 million reported in FY24. On an adjusted basis, net profit after tax ... Read the full article
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