Reinsurance News
Liberty Specialty Markets announces senior appointments as part of DAP restructure
25th November 2025
Liberty Specialty Markets, a global insurer and reinsurer, has announced several leadership changes as it progresses with the reorganisation of its Delegated Authority Platforms (DAP) division. The updated structure is intended to strengthen operational focus and support long-term growth. Emma Grimshaw has been appointed Head of DAP Binders. Having joined Liberty ... Read the full article
Allianz Commercial to open Miami-based Latin America Hub in February 2026
25th November 2025
Allianz Commercial has announced plans to open a Miami-based Latin America Hub in February 2026, aiming to capitalise on the city’s role as a leading centre and talent market for the Latin American and Caribbean re/insurance sector. The new office will strengthen Allianz Commercial’s existing operations in key markets, including Brazil, ... Read the full article
Michel White joins Prismic Life Re as CEO, Bermuda
25th November 2025
Michael White has joined Prismic Life Reinsurance, a Bermuda-based life and annuity reinsurer and Prismic subsidiary, as CEO, Bermuda. The executive is joining the company from InEvo Re, a life & annuity reinsurer specialising in asset-intensive reinsurance and risk management solutions for global insurers, where he served as Chief Executive Officer ... Read the full article
AM Best warns of prolonged headwinds for US health insurers through 2027
25th November 2025
AM Best, the credit rating agency, is continuing its negative outlook for the US health insurance industry as 2026 approaches, pointing to persistent medical cost escalation in Medicare Advantage and a misalignment between rates and member acuity in Managed Medicaid, along with several other pressures. The Best’s Market Segment Report, “Market ... Read the full article
VIG’s profit increases by 31% to €872.8m at the end of Q3’25
25th November 2025
Vienna Insurance Group (VIG) has reported increases across all key figures in results for the first three quarters of 2025, with profit before taxes increasing by 31% to €872.8 million, driven by Special Markets, Poland, the Czech Republic and Austria. The significant improvement in the combined ratio at the end of ... Read the full article
TFP’s Pine Walk launches Alternative Risk Transfer MGA Carnovis
25th November 2025
Pine Walk, the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of a new Alternative Risk Transfer managing general agent (MGA), Carnovis Specialty Limited. Based in London, the MGA will begin underwriting in December 2025 with a focus on providing structured re/insurance solutions ... Read the full article
Beazley expects new Bermuda platform to deliver ~$400m premium by 2030
25th November 2025
Beazley, the London headquartered specialist insurer and reinsurer, has confirmed that it foresees "strong growth trajectory" for its new Bermuda platform, with around $400 million in premium expected by 2030. This morning, Beazley announced plans to establish a presence in Bermuda in early 2026, subject to regulatory approval, with $500 ... Read the full article
Clean data key to a successful AI-driven reinsurance industry: Ben Rose, Supercede
25th November 2025
Ben Rose, Co-Founder and President of Supercede, the independent reinsurance platform, said he does not reasonably foresee a successful AI-driven reinsurance industry as things stand, but if the industry reaches a point where it has “clean data flying around”, this will represent a major step change. In a recent interview with ... Read the full article
QBE Re expands into structured reinsurance with Robert Turner hire
25th November 2025
QBE Re, the reinsurance arm of QBE Insurance Group, has announced the appointment of Robert Turner as Global Head of Structured Reinsurance. The hire is part of the company’s strategy to expand into structured reinsurance. In his new role, Turner will drive broker and cedant engagement, ensuring QBE Re can meet their ... Read the full article
Rokstone adds Lucy Barker-Hahlo to its newly launched Cyber unit
25th November 2025
Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the appointment of Lucy Barker-Hahlo as Deputy Head of Cyber within its newly launched Cyber division. This follows Rokstone’s announcement last week of the launch of its dedicated Cyber division and the appointment of Debbie Hobbs to lead the ... Read the full article
W. R. Berkley appoints Hale Johnston President of Berkley Net
25th November 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has recently announced that Hale Johnston has been appointed president of Berkley Net, one of its subsidiary companies, effective immediately. Johnston succeeds Brian Douglas, who has led Berkley Net since 2018 after joining the company in 2006, and who ... Read the full article
ICA declares Queensland hailstorms an Insurance Catastrophe as claims surge
25th November 2025
The Insurance Council of Australia (ICA) has declared an Insurance Catastrophe for the strong winds and damaging hail that impacted South East Queensland between Sunday, 23 November and Monday, 24 November, noting that insurers have already received more than 16,000 claims across more than 140 postcodes for the event, which ... Read the full article
Lack of discipline in unprofitable US cyber market is somewhat surprising: Beazley CEO
25th November 2025
Adrian Cox, Chief Executive Officer of specialist insurer Beazley, said this morning that the US cyber insurance market is now unprofitable and continues to soften given the active claims environment. London headquartered Beazley reported today that within its cyber risks division, premiums are down 8% for 9M'25 from 6% at ... Read the full article
HBC Group expands into Nordics with Danish agency DUAN acquisition
25th November 2025
HBC Group, one of the leading insurance intermediary groups in the German-speaking region, has expanded its international marine expertise and Nordic market footprint with the acquisition of DUPI Underwriting Agencies Nordics A/S (DUAN). DUAN, a Danish underwriting agency based in Copenhagen, was founded in 2017 and has quickly established itself as ... Read the full article
Beazley reveals new Bermuda platform as 9M’25 premiums rise
25th November 2025
As specialist insurer Beazley announces a solid set of results for the first nine months of 2025, albeit with muted 1% year-on-year growth in insurance written premiums, the London headquartered firm has also unveiled a new Bermuda platform to support growth from 2026. Beazley will invest $500 million to build out ... Read the full article
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