Reinsurance News
UK insurers integrate sustainability as core risk but seek regulatory clarity to drive greater impact
26th November 2025
The UK insurance sector is making notable strides in embedding sustainability across investment, underwriting and risk management, according to Insurers for Purpose – Navigating sustainability integration across the insurance sector, a report by Pensions for Purpose commissioned by Federated Hermes, Fidelity International, Gresham House, Mercer, SAIL Investments and Solas Capital. The ... Read the full article
DUAL to support biodiversity net gain with new insurance product
26th November 2025
Specialty insurer DUAL has launched a new insurance product designed to support biodiversity uplift at the Highlands Rewilding Bunloit project in Scotland. This pioneering product aims to help protect habitats impacted by biodiversity loss and ensures long-term ecological benefit. “Unlike products focused on carbon credit capture, this product is the first of ... Read the full article
Ping An leads “Ancient Tree Guardian Action” and green finance technology
26th November 2025
Ping An Insurance (Group) Company of China, Ltd. has introduced its landmark biodiversity initiative, "Ancient Tree Guardian Action," at the 30th UNFCCC Conference of the Parties (COP 30) in Belém, Brazil. Ping An’s programne integrates insurance solutions, advanced technology, and community engagement to create a long-term system for preserving ancient and ... Read the full article
AM Best assigns credit ratings to AIG subsidiary American International Reinsurance Global
26th November 2025
Credit rating agency AM Best has assigned American International Reinsurance Global (AIRG), a Bermuda-based AIG subsidiary, a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent), and assigned a positive outlook. These credit moves reflect AIRG balance sheet strength, assessed as very strong by AM ... Read the full article
LatAm reinsurance market faces competitive shift, says SCOR’s Alfredo Lomeli
26th November 2025
In a recent interview with Reinsurance News, Alfredo Lomeli, Chief Underwriting Officer for Latin America and the Caribbean at SCOR, a global reinsurer, highlighted the evolving dynamics of the region’s reinsurance sector as it heads into the 2026 renewals. "The reinsurance market is currently undergoing a discernible transition toward a softer ... Read the full article
Wildfire strategist Jessica Morse joins Delos as government affairs consultant
26th November 2025
Jessica Morse, a government wildfire management expert, has joined MGA Delos Insurance Solutions as a government affairs consultant to property insurance. Her appointment signals a strategic move by Delos to enhance its support for California homeowners struggling to secure property insurance in locations facing high wildfire risk. Delos is a surplus lines ... Read the full article
AI replacement fears fall sharply among underwriters and actuaries: hyperexponential
26th November 2025
In 2025, there has been a marked fall in the fear of becoming obsolete or replaced by artificial intelligence (AI), with less than half of underwriters (48%) and actuaries (49%) now fearing replacement by AI, down from 74% and 80% respectively in 2024, according to a recent report by hyperexponential ... Read the full article
Generali’s financial strength lifted to A2 following Italy rating upgrade
26th November 2025
Moody's Ratings has upgraded Generali's insurance financial strength rating (IFSR) to A2 from A3, following the one-notch upgrade of the Italian government’s rating. "Generali's ratings are partly constrained by the Italian sovereign rating, driven by the group's operating income and asset exposure to Italy, along with the domicile and debt issuance ... Read the full article
Majority of UK SMEs have experienced a cyber incident: Coalition survey
26th November 2025
In the last five years, nearly three-quarters of UK SMEs have been impacted by a cyber incident, according to a recent survey by Coalition, an active insurer focused on preventing digital risks. Coalition’s study, conducted by an independent research organisation in September 2025, surveyed 600 senior insurance decision-makers at mid-market firms ... Read the full article
Radian Guaranty secures $373m of XoL reinsurance coverage
26th November 2025
US-based company primarily known for mortgage insurance, Radian Group Inc.’s wholly owned subsidiary, Radian Guaranty, has agreed to the principal terms of an approximately $373 million excess of loss (XoL) reinsurance arrangement with a panel of highly rated third-party reinsurance providers. This move aligns with the company's broader risk distribution strategy ... Read the full article
MAPFRE RE secures €125m cat bond targeting European wind risk
26th November 2025
MAPFRE RE has returned to the catastrophe bond market by sponsoring a new €125 million, three-year issuance specifically designed to protect its European risk portfolio against extreme wind events, which constitute the firm's main catastrophic exposure in the region. This 2025 transaction, executed through the Irish-domiciled SPV Recoletos Re DAC, Read the full article
Westfield Specialty International appoints Robert Copp as Head of US Marine Treaty
26th November 2025
Westfield Specialty International, a specialty insurance provider, has announced the appointment of Robert Copp as Head of US Marine Treaty. In his new role, Copp will focus on US ocean marine, inland marine and offshore energy reinsurance for North American and global insurers as Westfield expands its Marine Treaty offering to ... Read the full article
Tokio Marine to enhance specialty offerings in US agricultural sector with CIH acquisition
26th November 2025
Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners. Based in Chicago, CIH helps agricultural producers, grain merchandisers, and other businesses manage commodity price ... Read the full article
ICIEC welcomes Republic of Sierra Leone as Member Country
26th November 2025
The Republic of Sierra Leone has become the 51st member of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group. This move highlights ICIEC’s growing reach across Sub-Saharan Africa, and underscores Sierra Leone's commitment to bolstering ... Read the full article
Robert Gagliardi named CEO of SRS Titanium
26th November 2025
Strategic Risk Solutions (SRS), an independent insurance company manager, has appointed Robert Gagliardi as Chief Executive Officer (CEO) of SRS Titanium, a specialised initiative delivering captive insurance solutions for Fortune 500 and other global organisations. Gagliardi is based in Burlington, Vermont, and is a veteran in the global captive industry with ... Read the full article
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