Reinsurance News

Chris Mackinnon leaves Lloyd’s to build out Munich Re Specialty’s Australia presence

27th November 2025

Munich Re Specialty, part of the insurance operations of global reinsurer Munich Re, has announced the joining of Lloyd's veteran Chris Mackinnon to expand its presence in Australia. The appointment is subject to all regulatory approvals. As part of his responsibilities, Mackinnon will establish and build out a local market presence ... Read the full article

Tokio Marine Kiln adds Beresford as an underwriter for its Life Sciences team

27th November 2025

Tokio Marine Kiln (TMK), an international specialist insurer and part of the Tokio Marine Group, has appointed Adele Beresford as an underwriter within its Life Sciences team, effective immediately. This appointment strengthens TMK's ability to provide tailored solutions that address the specific needs of Life Sciences companies, from start-ups bringing innovations ... Read the full article

AM Best upgrades Group Ark Insurance Limited’s Issuer Credit Rating

27th November 2025

AM Best has upgraded Group Ark Insurance Limited’s (GAIL) (Bermuda) Long-Term Issuer Credit Rating to “a+” (Excellent) from “a” (Excellent) and affirmed its Financial Strength Rating of A (Excellent). GAIL is a wholly owned subsidiary of Ark Insurance Holdings Limited (Ark), the non-operating holding company of the Ark group. The outlook on ... Read the full article

TWFG Insurance makes three leadership appointments

27th November 2025

TWFG Insurance, a personal and commercial insurance US-focused independent distribution platform, has promoted Katherine Nolan to President, Julie Benes to Chief Legal Officer, and hired Mohan Vijayagopal as Chief Technology Officer. This series of leadership appointments align with the company’s long-term growth strategy and strengthens its position for continued industry innovations. Nolan, ... Read the full article

AM Best keeps outlook for US L/A insurers steady

26th November 2025

Credit rating agency AM Best continues to hold a stable outlook for the US life and annuity (L/A) insurance sector, citing steady premium growth, strong capital positions, and solid risk-adjusted measures. According to AM Best, these factors underpin the industry’s resilience despite a shifting interest-rate environment and rising surrender trends. In its ... Read the full article

S&P revises Saudi Re’s outlook to positive

26th November 2025

S&P Global Ratings has revised Saudi Re’s outlook to positive from stable citing improved performance indicators, mainly the company’s strengthening competitive position and robust capital buffers. The rating agency also affirmed its 'A-' long-term issuer credit and insurer financial strength ratings and 'gcAAA' Gulf Cooperation Council regional scale rating on the ... Read the full article

HDI Global introduces Cyquins and secures AWS cyber competency partner status

26th November 2025

HDI Global, an international insurer specialising in commercial and industrial clients, has introduced Cyquins, a new cyber insurance option designed for fast digital evaluation and tailored protection. With a focus on midmarket organisations, Cyquins adds a modern, tech-enabled pathway alongside HDI Global’s established cyber offerings. Clients keep full oversight of their ... Read the full article

Aspida Holdings appoints Suzanne Sadlier as Head of Regulatory Affairs

26th November 2025

Aspida Holdings Ltd., a life insurance and annuity company, has appointed Suzanne Sadlier as Head of Regulatory Affairs. In her new role, Sadlier will oversee regulatory engagement across Aspida’s US, Bermuda, and Cayman platforms. Sadlier has over two decades of leadership in international insurance, captive management, and regulatory oversight. She previously served as ... Read the full article

ASR’s Syndicate 2454 expands to South Africa alongside regional underwriting buildout

26th November 2025

Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has launched Syndicate 2454 in South Africa to underwrite insurance and reinsurance risks across the country and neighbouring markets from its base in Sandton. Readers may recall that ASR launched Syndicate 2454 at Lloyd’s in April last year, the first in that ... Read the full article

Sam Batstone joins Markel’s new Construction & Engineering practice as underwriter

26th November 2025

Markel International has announced the appointment of Sam Batstone as an Underwriter within its newly launched Construction & Engineering practice. Launched in November 2025, Markel’s Construction & Engineering practice within its international division introduces Construction All Risks (CAR) and Erection All Risks (EAR) solutions for clients worldwide, aimed at supporting ... Read the full article

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