Reinsurance News
Fidelis makes preparations for new Pelagos branded entities in Bermuda
27th February 2026
Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited. While the group has secured multiple names, it is understood that not all may be used, as they may just ... Read the full article
Swiss Re delivers record Group net income as P&C Re profit rises to $2.8bn
27th February 2026
Global reinsurer Swiss Re's Group net income increased by 47% to $4.8 billion in 2025 with a strong performance across the business, including a significant rise in property and casualty (P&C) reinsurance net income on the back of a lower-than-expected large natural catastrophe burden. Group-wide, Swiss Re generated insurance revenue of ... Read the full article
HCI reports significant rise in net income to $108m in Q4’25
27th February 2026
HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-tax income amounted to $144 million, up from $6 million in ... Read the full article
Gallagher strengthens dispute resolution insurance team with director appointment
27th February 2026
Gallagher, the international insurance broking and risk management firm, has appointed specialist investigations and disputes lawyer Alexandra Carr as a Director in its dispute resolution insurance team, with the team ranking as Band 1 for litigation support by Chambers & Partners. The dispute resolution insurance team operates within Gallagher’s growing multidisciplinary ... Read the full article
Rokstone North American Marine launches Inland Marine Equipment program
27th February 2026
Rokstone North American Marine, part of the international specialty re/insurance MGA Rokstone, has launched a new Inland Marine Equipment program supported by a USD 10 million underwriting facility from QBE. Targeting small to mid-sized contractors, equipment dealers, rental operators, and industrial businesses operating across multiple locations and job sites, the new ... Read the full article
Liberty Mutual Re ANZ appoints Casualty Underwriting Manager
27th February 2026
Liberty Mutual Reinsurance (LM Re), the reinsurance division of Liberty Mutual, has appointed John Nicholls as Casualty Underwriting Manager for Australia and New Zealand (ANZ). Nicholls joins LM Re from the Sydney office of Liberty Specialty Markets in an internal transfer, reflecting the organisation’s integrated operating model across its global businesses. This ... Read the full article
Mosaic and Munich Re introduce AI-specific insurance for developers
27th February 2026
Mosaic Insurance, a specialist insurer, has partnered with Munich Re, an international reinsurer, to offer a new insurance product tailored to the needs of AI providers. The scheme draws on Munich Re’s aiSure platform, a recognised tool for evaluating AI risks, to cover exposures not typically addressed by conventional cyber or ... Read the full article
US winter storms to hit Q1 profits with primary insurers expected to absorb losses: AM Best
26th February 2026
Losses from two major winter storms in the United States - Fern in January and Hernando in February - are expected to result in a significant decline in underwriting profits for the first quarter of 2026, but the impact will be less severe than the California wildfires of 2025, according ... Read the full article
Christopher Dalrymple appointed Group Chief Legal Officer at Howden
26th February 2026
Howden, the international insurance broking group, today announces the appointment of Christopher Dalrymple as Group Chief Legal Officer, effective 23 March 2026. Dalrymple will support Howden’s growth ambitions, bringing over 25 years of legal leadership across the insurance and financial services sectors, alongside extensive experience in public company governance, private equity, ... Read the full article
Lumen Re secures $175m of collateralised protection with inaugural cat bond
26th February 2026
Lumen Re Ltd., the Bermuda-based property catastrophe reinsurer within the insurance-linked securities (ILS) platform of LGT Capital Partners, has closed its inaugural Rule 144A catastrophe bond, Photon Re, securing $175 million of collateralised, index-based protection against severe U.S. and Canadian hurricane and earthquake events across two classes over a four-year ... Read the full article
Historic opportunity to use AI to transform insurance, say AXA execs
26th February 2026
Executives at global insurer AXA have described artificial intelligence (AI) as a historic opportunity to transform the insurance business, serving as a major lever for better risk pricing, improved service quality, and enhanced customer experience. During AXA’s Full Year 2025 earnings call, Group Chief Executive Officer Thomas Buberl said one of ... Read the full article
Troy Crawford named CUO of American Coastal Insurance Corporation
26th February 2026
American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company of American Coastal Insurance Company (AmCoastal), has appointed Troy Crawford as its new Chief Underwriting Officer (CUO). In January 2025, Crawford was appointed as the CUO of AmCoastal, overseeing underwriting strategy, risk selection, and portfolio performance across the firm’s ... Read the full article
Fitch upgrades ratings of SiriusPoint and its operating subsidiaries
26th February 2026
Credit ratings agency Fitch Ratings has upgraded the Insurer Financial Strength (IFS) rating of specialty insurer and reinsurer, SiriusPoint Ltd. and its operating subsidiaries to 'A' (Strong) from 'A-', with an outlook of stable. The insurer's Long-Term Issuer Default Rating (IDR) has also been upgraded to 'BBB+' from 'BBB', and its ... Read the full article
PartnerRe to establish a branch office in India’s GIFT City
26th February 2026
Bermuda-based reinsurer PartnerRe has received regulatory approval to establish a branch office in India’s Gujarat International Finance Tec-City (GIFT City). The new branch is part of PartnerRe’s Asia Pacific reinsurance business, led by James Beedle, CEO of PartnerRe Asia Pte. Ltd. and CEO P&C APAC. PartnerRe said the expansion reinforces its long-term ... Read the full article
Starr Companies announces senior claims leadership appointments
26th February 2026
Starr Companies, an insurance and investment organisation providing property, casualty, and specialty coverage worldwide, has announced changes to its senior claims leadership team. David Fitzgerald has been named Chairman of Claims. In this role, he will continue to contribute strategic guidance and oversight to the division. Fitzgerald has led the company’s ... Read the full article
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