Reinsurance News
AXA XL names Sylvain Eyraud as Country Manager, Italy
28th November 2025
AXA XL, the property and casualty (P&C) and specialty risk division of AXA, has announced the appointment of Sylvain Eyraud as Country Manager, Italy, effective January 1st 2025. Eyraud will succeed Saverio Longo, who is leaving AXA XL after six years with the company to pursue opportunities outside of the AXA ... Read the full article
Technology to drive more cedent-centric collaboration in 2026: Supercede CEO
28th November 2025
Technology is reshaping the broking process toward more cedent-centric collaboration, as increasingly technical cedents expect to actively participate in shaping their reinsurance strategies, driving growth with challenger brokers, according to Jerad Leigh, co-founder and CEO of Supercede, the independent reinsurance platform. Leigh stated that historically, brokers have focused their technology efforts ... Read the full article
Korean Re approved to establish branch in India’s GIFT City
28th November 2025
Seoul-based reinsurer Korean Reinsurance Company (Korean Re) has announced plans to commence operations for its Indian branch in April 2026. The reinsurer received regulatory approval to establish a new branch in Gujarat International Finance Tech-City (GIFT City), India’s first operational smart city and International Financial Services Centre (IFSC), on November 14th, ... Read the full article
Ariel Re secures Lloyd’s approval for Syndicate 2006
28th November 2025
Global reinsurer Ariel Re Managing Agency Limited (Ariel Re) has announced that Lloyd’s has formally approved the establishment and management of Ariel Re Syndicate 2006. The syndicate has been granted Permission to Underwrite in line with its agreed business plan for the 2026 Year of Account. This follows confirmation from the ... Read the full article
ICA expands cat declaration for severe storm and hail events in Qld & NSW
28th November 2025
The Insurance Council of Australia (ICA) has expanded the catastrophe declaration for the severe storm and hail events that struck Queensland and New South Wales over the past week, extending it to all postcodes in both states for the period 20–27 November 2025. According to the ICA, the expanded declaration reflects ... Read the full article
UK SMEs underprepared for terrorism risk, warns Pool Re
28th November 2025
Pool Re, the UK’s largest terrorism reinsurer, has highlighted the significant terrorism insurance gap among small and medium-sized enterprises (SMEs), with industry experts calling for terrorism cover to be reinstated as a standard feature of commercial property insurance to better protect SMEs and ensure business continuity. At its annual Market Event, ... Read the full article
Cyber insurance market to grow at ‘great speed over 2026,’ says Cowbell
28th November 2025
According to Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, the cyber insurance market is poised to continue growing at “great speed over 2026.” The firm predicts that throughout next year, insurers will respond to rising cyber threats with hardened controls, an abundance of pre and ... Read the full article
MEDGULF appoints Chairman and Vice Chairman of the Board of Directors
28th November 2025
The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) has announced the appointment of Yaser Yousef Naghi as Chairman of the Board of Directors, and Rakan Abdullah Abunayyan as Vice Chairman. Both appointments have been approved by the Extraordinary General Assembly, subject to obtaining no-objection approval from the Insurance Authority. These ... Read the full article
Advanced APAC markets carry the region’s insurance stability: AM Best
27th November 2025
APAC’s overall insurance stability continues to rest heavily on its most advanced markets, according to credit rating agency AM Best, with Japan, Singapore, Hong Kong, and South Korea providing the strongest foundation for regional credit quality and capital strength. The agency's latest Asia-Pacific Benchmarking report shows that while the wider region ... Read the full article
Tower reports record FY25 profits as GWP increases to $600m
27th November 2025
New Zealand-based insurer, Tower Limited, has reported an underlying profit after tax (underlying NPAT) of $107.2 million and a reported profit of $83.7 million for the financial year ended 30 September 2025. This increase was a significant turnaround from the $83.5 million underlying profit and $74.3 million reported profit recorded in ... Read the full article
Piraeus completes acquisition of Ethniki Insurance
27th November 2025
Piraeus Financial Holdings S.A. has announced that its subsidiary, Piraeus Bank S.A. (Piraeus), has completed the acquisition of 100% of the shares of Ethniki Insurance’s parent company, Ethniki Holdings S.à.r.l., from CVC Capital Partners Fund VII and the National Bank of Greece. This follows the announcement in February 2025, when Piraeus ... Read the full article
Arch Insurance International appoints Beth Jenkins as Senior Casualty Underwriter
27th November 2025
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has announced the appointment of Beth Jenkins as a Senior Casualty Underwriter. In her new role, Jenkins will support the expansion of Arch’s casualty portfolio, focusing on developing its UK risk managed retail ... Read the full article
Re authorises $134m in reinsurance for deployment at Jan renewals
27th November 2025
Re, a decentralised reinsurance protocol that connects institutional capital with fully collateralised insurance risk, has authorised $134 million in reinsurance across multiple programs, a major expansion of capital to be deployed across its insurance partners’ programs as the January 1st renewal season unfolds. Blockchain-backed reinsurer Re is built on smart contracts, ... Read the full article
Airline losses reshape the Q4’25 renewal season: WTW
27th November 2025
Adam Hemingway, who leads the Global Aviation & Space division at WTW, an advisory, broking and solutions firm, offers a candid look at how a succession of costly airline incidents has transformed expectations for 2025. What was meant to be a relatively steady renewal year has shifted into a challenging one, ... Read the full article
Rising costs of weather disasters challenge global economies, says Munich Re
27th November 2025
A new assessment from the global reinsurer Munich Re, draws on the expertise of Chief Climate Scientist Tobias Grimm and Lisa Hanselmann, Head of NatCatSERVICE, and sets out how major economies are increasingly strained by weather-related catastrophes. The company’s analysis shows that eight of the ten largest industrialised nations now face ... Read the full article
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