Reinsurance News
Doha Insurance expands regional footprint with new Saudi Arabia branch
18th November 2025
The Doha Insurance Group (DIG), a provider of insurance and reinsurance solutions in the Middle East and North Africa region, has obtained approval from the Qatar Central Bank to establish a new branch in the Kingdom of Saudi Arabia. The new branch will be based in the King Abdullah Financial District ... Read the full article
Hannover Re names Yan Sun as Head of Life & Health, Greater China
18th November 2025
As part of its ongoing growth strategy in Asia, Hannover Re has appointed Yan Sun as Head of Life & Health, Greater China. Based in Hong Kong, Sun will oversee the firm’s Life & Health operations across Greater China, a pivotal market in Hannover Re’s regional expansion plans. The firm commented, "With ... Read the full article
UK life insurers ‘resilient’ to severe financial markets stress: PRA’s LIST 2025
18th November 2025
Major UK life insurers, particularly the eleven largest firms active in the bulk purchase annuity (BPA) market, are resilient to a severe but plausible financial markets stress scenario, according to the recently published Prudential Regulation Authority (PRA) 2025 Life Insurance Stress Test (LIST 2025). Conducted for the third time, this exercise ... Read the full article
French insurance sector stabilises, but political uncertainty looms: Moody’s
18th November 2025
Moody’s, the credit rating agency, has revised its outlook on France’s insurance industry, signalling a shift to stability in the property and casualty (P&C) segment while maintaining a stable view on the life insurance sector. The agency notes that profitability across the P&C market is beginning to recover as premium increases ... Read the full article
Rob Malone promoted to US Head of Cyber at AXA XL
18th November 2025
Rob Malone has served as Head of Large Accounts and Portfolio Management since January 2025, but effective immediately, takes on the role of US Head of Cyber at AXA XL, the property and casualty division of global insurer AXA Group. In his new role, Malone will lead AXA XL's strategic growth ... Read the full article
Gary Haase joins Everest as CEO of Legacy Operations
18th November 2025
Bermuda-based insurer and reinsurer, Everest Group, has appointed Gary Haase as Executive Vice President (EVP) and Chief Executive Officer (CEO) of Legacy Operations, effective December 1st, 2025. Haase reports to Jim Williamson, Everest’s President and CEO, and will join the re/insurer's executive leadership team. In the new role, Haase will lead the ... Read the full article
MGA Augmented names Luke Overall as Head of Underwriting
18th November 2025
Augmented, a tech-powered managing general agent (MGA) launched in July 2025, has announced the appointment of Luke Overall as Head of Underwriting. In his new role, Overall will lead the underwriting team, working closely with brokers and carriers to build data-led portfolios that match capacity to risk. He will also leverage ... Read the full article
EMEA insurance market is softening, abundant capacity driving price reductions: Aon
18th November 2025
The insurance market across Europe, the Middle East, and Africa (EMEA) is experiencing a notable softening, with price reductions increasingly available for preferred and well-managed risks across most geographies and lines of business, driven by abundant capacity and aggressive competition, according to an Aon report. Aon’s Q3 2025 Global Insurance Market ... Read the full article
Douglas Turk named President, Specialty Lines at Relation Insurance Services
18th November 2025
Relation Insurance Services, a full-service insurance brokerage, announced that Douglas Turk has joined the company as President, Specialty Lines, overseeing the growth and development of Relation’s specialty business. Turk brings more than 20 years of experience in the insurance industry, including leadership roles at top brokerages and consulting firms. He is ... Read the full article
Lockton strengthens Switzerland presence with new offices in Zurich and Geneva
18th November 2025
Global insurance broker Lockton has announced the establishment of new offices in Zurich and Geneva, strengthening its presence in Switzerland, with Stephan Bachmann appointed CEO of Lockton Switzerland GmbH. The expansion follows years of successful collaboration with Swiss-based multinational corporations and is a deliberate investment to bring high-touch, specialist service closer ... Read the full article
AM Best revises DUAE segment outlook to stable amid moderating growth
17th November 2025
AM Best has revised its market outlook for the delegated underwriting authority enterprise (DUAE) segment to stable from positive, driven by moderating growth and emerging headwinds. Despite the shift, insurers and reinsurers remain broadly optimistic about the DUAE market. Strategic partnerships between carriers and DUAEs continue, and the segment is still ... Read the full article
Willis and NATS partner to deliver aviation risk and resilience solutions
17th November 2025
Willis, a WTW business, has partnered with NATS, a UK provider of air traffic control services, to provide risk and resilience advisory services and tailored solutions to global aviation stakeholders. Under the partnership, Willis and NATS have signed a Memorandum of Understanding at the Dubai Airshow 2025. The two organisations will leverage ... Read the full article
UK life and non-life insurance premium growth set to slow in 2026: EY
17th November 2025
Growth in life and non-life insurance premiums is projected to decelerate in 2026 amid a slowing UK economy and softening household incomes, according to a new EY ITEM Club report. EY expects overall UK non-life premium growth to ease from 4.6% in 2025 to 3.6% in 2026 as real income growth ... Read the full article
HDI Global’s net income up 13% in 9M’25 and insurance revenue reaches €7.6bn
17th November 2025
HDI Global, a commercial and specialty lines insurer, has announced continued growth in both revenue and net income for its 9-month results, totalling EUR 7.6 billion and EUR 409 million respectively. According to the insurer, the main drivers behind these positive results were growth in new business and inflation-related price adjustments. These ... Read the full article
Renewal rates down across all Canada’s major commercial lines: Applied Systems
17th November 2025
Applied Systems has released the third quarter 2025 results of the Applied Commercial Index, the Canadian insurance industry’s premium rate index, showing that average renewal rate change decreased across all of the most commonly placed commercial lines of business year over year and quarter over quarter. According to Applied Systems, the ... Read the full article
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