Reinsurance News

Ageas acquires remaining stake in AG Insurance from BNP Paribas Fortis

8th December 2025

International insurance group Ageas has acquired the remaining 25% stake in its Belgian subsidiary, AG Insurance, from BNP Paribas Fortis for a total consideration of €1.9 billion. With this transaction, which is expected to close in Q2’26, Ageas will become the sole owner of AG, a Belgian insurer operating across multiple ... Read the full article

Allianz and Oaktree launch new reinsurance syndicate at Lloyd’s

8th December 2025

Global insurer Allianz has secured multi-year, AA-rated capacity via a partnership with Oaktree Capital Management L.P. which will see the investment manager establish a new reinsurance syndicate at the specialist Lloyd's insurance and reinsurance marketplace. Syndicate 1890 will commence underwriting from January 1st, 2026, and will participate as a multi-year partner ... Read the full article

Andreas Ehrencrona joins AHJ Miller as Head of Fac for Nordic region

8th December 2025

Independent specialist re/insurance broker Miller has named Andreas Ehrencrona Head of Facultative for the Nordic region at its reinsurance business, AHJ Miller. In the new role, Ehrencrona will be responsible for growing and developing the business’s Fac proposition for new and existing clients in the region. He joins AHJ Miller from Guy ... Read the full article

IAIS report flags rising private credit exposure, geoeconomic pressures and expanding AI use

8th December 2025

The International Association of Insurance Supervisors (IAIS), a global body representing insurance supervisory authorities from more than 200 jurisdictions, has issued its Global Insurance Market Report (GIMAR) 2025, providing an overview of key developments influencing the sector. The report presents an industry that continues to show solid capital strength, stable liquidity ... Read the full article

Insurers expected to introduce GenAI liability exclusions: Evercore ISI

8th December 2025

Evercore ISI expects more insurers to introduce policy language specifically excluding claims arising from generative AI (GenAI) to protect against silent coverage. In a recent report, Evercore ISI noted that the growing use of GenAI and large language models (LLMs) has insurance coverage implications, as users and others are increasingly seeking ... Read the full article

Erik Wrobel joins Resilience as Chief Product Officer

8th December 2025

Cyber risk company Resilience has announced the appointment of Erik Wrobel as Chief Product Officer, responsible for product management, UX design, and engineering. Wrobel has a strong background in product and technology leadership, with a proven track record of guiding high-growth software companies through periods of transformation and scale. "Throughout my career ... Read the full article

Property Guardian and BurnBot partner to mitigate wildfire exposure and enhance insurability

8th December 2025

Property Guardian, a provider of wildfire risk analytics and mitigation intelligence and part of Green Shield Holdings, has partnered with BurnBot, a platform for wildfire prevention, to deliver data-driven wildfire mitigation and property risk resilience. This partnership integrates leading risk intelligence with precise mitigation technology. The goal is to assist property ... Read the full article

We can show unequivocally that Florida’s insurance market has stabilised: Mike Yaworsky

5th December 2025

Speaking recently at the 2025 Florida Chamber Insurance Summit, the state's Insurance Commissioner, Mike Yaworsky, emphasised the importance of tort reforms and the positive impact on Florida's insurance market, but warned against turning back the clock. Florida enacted major insurance reforms in 2022 and 2023 to stabilise the troubled marketplace by ... Read the full article

Majesco to quadruple AI investment to expand, accelerate P&C roadmap

5th December 2025

Majesco, a technology provider known for its cloud-native and AI-native solutions for Property & Casualty and Life & Annuity/Health insurers, has reinforced its dedication to the P&C sector with plans for expanded investment and an accelerated product roadmap. The company detailed new initiatives aimed at shaping the next generation of AI-driven ... Read the full article

ASIC & ASIL get revised positive outlooks from AM Best

5th December 2025

Credit ratings agency AM Best has revised the outlooks of Ategrity Specialty Insurance Company (ASIC) and its affiliate, Ategrity Specialty Insurance Limited (ASIL), to positive from stable, reflecting its “very strong” balance sheet supported by its risk-adjusted capitalisation. Additionally, AM Best has affirmed the duo’s Financial Strength Rating of A- (Excellent) ... Read the full article

Mitsui Sumitomo Insurance acquires at least 12.5% of W. R. Berkley shares

5th December 2025

Mitsui Sumitomo Insurance Co., Ltd. (MSI), a Japanese property and casualty (P&C) insurance carrier, has acquired beneficial ownership of at least 12.5% of W. R. Berkley Corporation’s common stock. This move follows MSI's agreements with the Berkley Family, which includes a company and trusts owned by Berkley family members. None of ... Read the full article

Global growth outlook strengthens as MAPFRE Economics lifts 2025 forecast

5th December 2025

The latest assessment from international insurance group MAPFRE Economics points to a more favourable environment for insurers worldwide. MAPRE notes that steadier economic conditions, improved financing in major markets and a gentler inflation backdrop are setting the stage for continued expansion across the sector. According to its new projections, life insurance activity ... Read the full article

Relm to support rapidly expanding space economy with new suite of insurance products

5th December 2025

Relm Insurance, a specialty insurer for emerging and innovative industries, has announced the launch of a new suite of insurance products designed for the rapidly expanding space economy. These comprehensive products provide brokers and their clients with robust coverage, enhancing business resilience for technologies at every stage, from initial development to ... Read the full article

It’s about long-term stability & resilience, not squeezing the lemon: Swiss Re CEO

5th December 2025

After Swiss Re announced a net income target of $4.5 billion for 2026, which left some analysts underwhelmed, the reinsurer's Group Chief Executive Officer (CEO), Andreas Berger, underlined the importance of growing at the right time and avoiding temptation. This morning, the global reinsurer confirmed and increased some targets for ... Read the full article

AmTrust, BXCI close strategic transaction and launch MGA ANV

5th December 2025

AmTrust Financial Services, Inc., a global specialty property casualty insurer, and Blackstone Credit & Insurance (BXCI) have announced the closing of a strategic transaction and the launch of a newly formed independent, multinational MGA company ANV Group Holdings Ltd. (ANV). Announced in September 2025, AmTrust entered into a definitive agreement ... Read the full article