Reinsurance News
Reask names Andy Rice as Chief Growth Officer, US
19th November 2025
Reask, a provider of early warning, real-time, and probabilistic risk forecasting solutions for global extreme weather events, has appointed Andy Rice as Chief Growth Officer, US, to bolster its presence across the country. In the new role, he will lead efforts to expand access to Reask’s advanced extreme weather data and ... Read the full article
KCC releases US Winter Storm Model Version 3.0
19th November 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 3.0 of its US Winter Storm Model. The model captures two types of winter storms: extratropical cyclones (ETCs) and Arctic air outbreaks. North American ETCs are large low-pressure systems, such as Nor’easters, that cause damage primarily ... Read the full article
Tokio Marine international business profit hits JPY235.4bn in Q2 FY25
19th November 2025
Tokio Marine Holdings has announced its financial results for the second quarter of the 2025 fiscal year, reporting a 6.4% decrease in its international business profits, which reached JPY235.4 billion. This solid performance occurred despite facing significant impacts from the LA wildfires (approximately -JPY24.0 billion) and foreign exchange (FX) effects (approximately ... Read the full article
VIG raises outlook for full year results following ‘outstanding’ Q1-Q3 figures
19th November 2025
Following its "outstanding" Q1–Q3 results, Vienna Insurance Group's management has raised the firm's full-year 2025 pre-tax target from €950 million–€1 billion to €1.10–€1.15 billion. This will come as no surprise to familiar readers, who may recall that back in August, VIG reported that profit before taxes rose to €531.4 million ... Read the full article
Tech-enabled litigation instigation, a new practice destabilising US insurance markets: Demotech
19th November 2025
Systemic, tech-driven lawsuit practices are destabilising insurance markets in the United States, recent research by rating agency and financial analyst Demotech has revealed. Vulnerable property owners hit by natural disasters are facing a "second wave" of distress, not just from the storms, but from a “predatory, covert business model” known as ... Read the full article
Rokstone launches Cyber division and hires Debbie Hobbs
19th November 2025
Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the launch of a dedicated Cyber division, alongside the appointment of Debbie Hobbs. Global demand for Cyber protection continues to rise amid escalating threat activity, tightening regulatory expectations and the growing digital dependency across all sectors. Rokstone’s new unit will ... Read the full article
MS Reinsurance’s combined ratio strengthens as H1’25 net income rises 21%
19th November 2025
Zurich domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, generated a net income of $155 million in the first half of 2025, an increase of $27 million, or 21% on the prior year, as the firm's combined ratio strengthened despite a rise in incurred losses year-on-year. MS ... Read the full article
Aon appoints Vincent Shih as Head of Treaty for Taiwan, Reinsurance Solutions
19th November 2025
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Vincent Shih as Head of Treaty Reinsurance in Taiwan. Shih brings more than 18 years of experience in the reinsurance treaty market and is “widely recognised for his deep market knowledge, strong client relationships and commitment ... Read the full article
Sompo International posts higher H1’25 profit with strong reinsurance performance
19th November 2025
Sompo International Holdings Ltd., a specialty provider of property, casualty, and specialty insurance and reinsurance, reported an insurance service profit of $1.038 billion in its first half financial year results, an increase of 75% on the prior year, with the firm highlighting significant growth across all three business segments. For H1'25, ... Read the full article
Alex Gregory joins IQUW London Reinsurance team as Senior Underwriter
19th November 2025
Specialty insurer and reinsurer IQUW has announced the appointment of Alex Gregory as IQUW Senior Underwriter, Specialty Reinsurance in London. The executive, who has joined IQUW from Munich Re Specialty, brings a deep understanding of the reinsurance landscape with a proven record across Terrorism and Political Violence specialty lines. In his new ... Read the full article
Re/insurance industry enters tighter economic regime from position of strength: Swiss Re
19th November 2025
High interest rates, ageing demographics and the return of industrial policy are reshaping the global economy, yet the Swiss Re Institute’s latest sigma report has suggested that the insurance sector enters this tighter regime from a position of strength, supported by strong capital buffers, elevated investment yields and resilient profitability. According ... Read the full article
Lloyd’s approves OAK Global’s Syndicate 1440 for underwriting
19th November 2025
OAK Global, an independent reinsurance group that provides risk solutions and underwriting capacity to clients worldwide, announced that Lloyd’s has granted approval for underwriting to begin through Syndicate 1440. The syndicate will operate within OAK Enterprise, a new strategic business unit that will offer property and specialty retrocession capacity for business ... Read the full article
MS Amlin’s H1’25 profit falls to £47m amid a more challenging loss environment
19th November 2025
Global re/insurer MS Amlin Underwriting Limited, part of insurance group MS&AD, saw its combined ratio deteriorate by 10 percentage points to 94.5% for the first half financial reporting period to June 30th, 2025, as the impact of the California wildfires in January contributed to a more challenging loss environment. MS Amlin's ... Read the full article
Tower launches parametric Rainfall Response Cover in Fiji
19th November 2025
Auckland, New Zealand–headquartered Tower Insurance has officially launched Rainfall Response Cover in Fiji, its second parametric insurance product, via CelsiusPro’s award-winning White Label Platform. The parametric product is being piloted for the 2025–2026 wet season with support from the UNCDF and Pacific Insurance and Climate Adaptation Programme, and in partnership with ... Read the full article
James Addington-Smith joins Marsh UK as CEO
19th November 2025
Marsh, an insurance broker and risk advisor within the Marsh McLennan business, has appointed James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will assume the role in early 2026. He will be based in London and report to Flavio Piccolomini, CEO of Marsh McLennan International. Addington-Smith succeeds Chris ... Read the full article
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