Reinsurance News
AIA Australia adopts SCOR’s VClaims technology to automate insurance claims
25th February 2026
AIA Australia has become the fifth major life insurer in the Australia and New Zealand region to implement VClaims, a digital rules engine developed by SCOR Digital Solutions and local technology provider Adviser Connect. The rollout, completed in 2025, marks another key milestone in the evolution of SCOR Digital Solutions’ claims ... Read the full article
Lockton promotes Michael Lombardi
25th February 2026
International insurance broking group Lockton has promoted Michael Lombardi to President of Lockton Global Solutions and Lockton Global Partners. Lombardi has been with Lockton for more than 22 years, serving as Executive Vice President of Lockton Global Solutions for the past seven years. Previously, he served as Senior Vice President, Northeast International ... Read the full article
TWIA Board adopts lower PML funding requirement for 2026 after legislative changes
25th February 2026
Following legislative reforms enacted in 2025 that lowered the Texas Windstorm Insurance Association’s required catastrophe funding level from a 1-in-100-year to a 1-in-50-year probable maximum loss (PML), TWIA’s board has adopted a $4.3 billion 1-in-50 PML for the 2026 storm season. A 1-in-50 PML represents a loss level with a ... Read the full article
Nico Conradie to lead Santam Re as CEO
25th February 2026
South African short-term insurer, Santam, has appointed Nico Conradie as the Chief Executive Officer (CEO) of Santam Re, the insurer’s independent non-life treaty reinsurer, effective March 1st, 2026. He takes over the role from Kush Padia, the Chief Finance Officer (CFO) of Santam Re, who had acted as interim CEO while ... Read the full article
Hiscox Re’s profit rises as combined ratio strengthens to 67.4% in 2025
25th February 2026
Hiscox Re, the reinsurance business and third-party capital platform of specialist insurer Hiscox, generated profit before tax of $286.7 million in 2025, an increase of 7% on the prior year, as the segment's undiscounted combined ratio strengthened to 67.4%. The global specialty insurer's reinsurance arm delivered insurance contract written premium (ICWP) ... Read the full article
Bishop Street extends Kalepa partnership to support its London-based MGAs
25th February 2026
Bishop Street Underwriters has expanded its partnership with Kalepa, a specialist in AI-powered underwriting solutions, to support its London-based managing general agents (MGAs), Avid Insurance Services and Landmark Underwriting. Both companies initially partnered in 2024 with the aim of enhancing the insurance platform’s underwriting quality and execution across its MGA operations. Building ... Read the full article
WTW names Krista Cinotti as Head of Placement Strategies
25th February 2026
WTW, a global advisory, broking and solutions provider, has named Krista Cinotti as Head of Placement Strategies. The position has been created to enhance integration, representation and strategic delivery across the company’s Placement and Broking Solutions functions. In her expanded role, Krista Cinotti will lead programmes focused on strengthening operating standards, encouraging ... Read the full article
AUB’s international division sees net profit rise 29% in H1’26
25th February 2026
Australian insurance broker AUB Group has posted its results for the first half of financial year 2026, with its international division, which includes Tysers, reporting an underlying net profit before tax of AUD 39.4 million, up 29% from AUD 30.5 million in the same period a year earlier. AUB Group ... Read the full article
QBE’s British Marine appoints Richard Inman as Portfolio Manager
25th February 2026
British Marine, a marine insurer and part of QBE Insurance Group, has announced the appointment of Richard Inman as Portfolio Manager, British Marine P&I. In his new role, Inman will be responsible for delivering British Marine’s planned P&I underwriting results, as well as shaping the strategy for insurance risks across the ... Read the full article
AM Best revises Germany’s non-life insurance segment outlook to stable
25th February 2026
AM Best has revised its outlook for the German non-life insurance segment to stable from negative, driven by expectations that premium rate increases will continue to keep pace with claims inflation, leading to a stabilisation in profitability. In its recent report, AM Best said the stable outlook reflects expectations that the ... Read the full article
US insurers remain optimistic on investment conditions for 2026: Conning
24th February 2026
Despite expecting a more challenging macroeconomic environment marked by higher inflation, liquidity risk and lower Fed interest rates, U.S. insurers reportedly remain "optimistic" about investment conditions for 2026, according to Conning. A new survey conducted by the firm in December 2025 found that 76% of respondents believe investment opportunities for insurers ... Read the full article
Bowhead Specialty reports net income and GWP growth for Q4 and FY 2025
24th February 2026
Bowhead Specialty, a provider of casualty and professional liability products, has announced its financial results for the fourth quarter of 2025, reporting a net income of $14.8 million and a 21.3% increase in gross written premiums (GWP). The firm’s net income for the quarter increased 9.1%, compared to the $13.6 million ... Read the full article
Liberty Mutual and Floodbase launch instant parametric flood quoting tool for US market
24th February 2026
Liberty Mutual, a US insurance provider, and Floodbase, a platform specialising in flood risk solutions, have launched an instant quoting application for parametric flood reinsurance in the United States. The tool enables wholesale and retail brokers to price parametric flood cover within minutes, simplifying a process that has traditionally been complex ... Read the full article
Sompo completes Aspen acquisition
24th February 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has successfully completed the acquisition of Aspen Insurance Holdings Limited through the purchase of 100% of the issued Class A ordinary shares of Aspen. The closing follows the initial $3.5 billion deal announced in August 2025. Mikio Okumura, Sompo Group CEO, ... Read the full article
Synpulse strengthens global leadership in Commercial Insurance & Reinsurance with new promotions
24th February 2026
Synpulse, a financial service consultancy, has promoted Marcel Loetscher to Senior Partner and Joel Smith to Partner within its Commercial Insurance, Reinsurance, ILS and Delegated Authority (CRID) practice. These appointments come at a time where insurers and reinsurers are reassessing their operating models due to mounting cost pressure and the need ... Read the full article
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