Reinsurance News
Middle East conflict risks seen as manageable for re/insurers, but escalation concerns linger
4th March 2026
At discussions held during the Association of Insurance and Financial Analysts conference, re/insurance executives and analysts struck a cautiously constructive tone on Middle East conflict exposures, broadly agreeing that related losses remain “manageable” for re/insurers so far. Overall, sentiment suggested losses are contained, with analysts noting that “the situation remains fluid” ... Read the full article
Commerzbank AG appoints Dan Broome as UK Insurance & Asset Manager Coverage Lead
4th March 2026
Commerzbank AG has appointed Dan Broome to lead UK Insurance & Asset Manager Coverage within the Non-Bank Financial Institutions team in London. In his new role, Broome will focus on strengthening relationships and developing the franchise within the sector, delivering funding and capital solutions through the bank’s international platform across global ... Read the full article
Reinsurers can meet challenges as Middle East conflict escalates: SCOR CEO
4th March 2026
Currently, the immediate impact of the ongoing conflict in the Middle East is negligible for global reinsurer SCOR in terms of claims, as the company's Chief Executive Officer (CEO), Thierry Léger, emphasises that the reinsurance industry "can respond to such challenges." Speaking to the media after the release of a Read the full article
Specialty MGA appoints Davood Khalaghizadeh to lead D&O underwriting
4th March 2026
Specialty MGA, a member of the MNK Group, is enhancing its specialist financial lines offering with the appointment of Davood Khalaghizadeh as Senior Underwriter for Directors and Officers (D&O). Khalaghizadeh brings a rich background across major global insurers and MGAs, including AIG, QBE, and CV Starr, where he oversaw D&O portfolios. He ... Read the full article
Beazley posts profits of $1bn+ for third year running in 2025
4th March 2026
Specialist insurer Beazley has posted a profit before tax of $1.15bn for the full year 2025, delivering an undiscounted combined ratio of 81% despite heightened global volatility and a softening rating environment. Although earnings were slightly lower than in 2024, the group said the year underscored the accelerating shift in ... Read the full article
Guy Carpenter adds QBE’s Paas as Head of European Capital & Advisory
4th March 2026
Guy Carpenter, a reinsurance broker, risk advisor, and part of Marsh, has appointed Al Paas as Head of European Capital and Advisory. In his new role, Paas will lead the broker's expansion and strengthen its investment banking capabilities across Continental Europe. Paas has extensive international experience in capital markets and M&A advisory, ... Read the full article
SCOR delivers FY’25 net income of €851m, P&C combined ratio strengthens to 82.3%
4th March 2026
Global reinsurer SCOR generated net income of €208 million and $851 million for the fourth quarter and full year 2025, respectively, as the firm's property and casualty (P&C) business produced a robust underlying performance with a stronger combined ratio for both periods. For the 2025 financial year, SCOR saw a 4.6% ... Read the full article
CRC Group acquires MGA Euclid Transactional from Searchlight Capital
4th March 2026
Global private investment firm, Searchlight Capital Partners, L.P., has completed the sale of Euclid Transactional, LLC, a managing general agent (MGA) specialising in transactional insurance underwriting and claims handling, to CRC Group, a wholesale specialty insurance distributor in North America. In 2021, Searchlight closed its investment in Euclid Transactional, and over ... Read the full article
Tokio Marine Kiln names George Leahy as Underwriter in Liability division
4th March 2026
The insurance firm Tokio Marine Kiln (TMK) has appointed George Leahy as an Underwriter in its Liability division, enhancing its underwriting bench strength, he will report directly to Oliver Delaney, Departmental Head of Liability. Leahy has eight years of experience in casualty underwriting to the role. He joins from Sompo International, ... Read the full article
USD.AI & Barker launch insured GPU loan coverage backed by Munich Re
4th March 2026
USD.AI, a decentralised protocol for GPU-backed lending, has partnered with Barker, an institutional risk transfer platform, to provide comprehensive value protection on all GPU collateralised loans. Under the partnership, new GPU loans issued via the USD.AI protocol will receive independent, AI-driven valuations from Barker. These valuations are backed by Munich Re’s ... Read the full article
US life insurers maintain steady but uneven profitability as rate support eases: Moody’s
3rd March 2026
Credit rating agency Moody’s reports that publicly traded US life insurers delivered solid, though uneven, operating profitability in the fourth quarter of 2025, as the boost from higher interest rates subsided and yields stabilised. While results were generally positive compared with the prior year, sequential performance for some companies weakened due ... Read the full article
James River reports profit in 2025 as underwriting performance improves
3rd March 2026
James River Group has disclosed that it returned to profitability in 2025, posting net income available to common shareholders of $39.6m, versus a loss of $118.3m a year earlier, driven by improved underwriting results. The firm's gross written premiums (GWP) for 2025 totalled $1.17bn, down from $1.43bn in 2024, reflecting a ... Read the full article
SiriusPoint leaning hard into A&H and its MGA ecosystem: CEO Egan
3rd March 2026
Following SiriusPoint’s strong set of results for the full year 2025, CEO Scott Egan discussed what he believes matters most beneath the headline numbers, how he is approaching growth and capital allocation, and why the re/insurer is leaning hard into Accident & Health (A&H) and its MGA ecosystem. SiriusPoint recently ... Read the full article
Stephanie Cryer to lead underwriting at QBE International
3rd March 2026
QBE Insurance Group, a commercial insurer and reinsurer headquartered in Australia, has appointed Stephanie Cryer as Chief Underwriting Officer (CUO) for its International division, taking effect on 1 April 2026, subject to regulatory approval. Cryer will report to Jason Harris, Chief Executive Officer of QBE International, and will join the division’s ... Read the full article
Insurance market braces for systemic shock as Iran conflict threatens multi-line losses: Kennedy’s
3rd March 2026
Kennedys, an international insurance law firm, has warned that the developing conflict involving the United States, Israel and Iran presents the prospect of a rare, multi-line event for the global insurance and reinsurance market. In Kennedys’ assessment, the combination of sustained military action, disruption to energy flows and prolonged regional instability ... Read the full article
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