Reinsurance News

Arch Insurance International appoints Beth Jenkins as Senior Casualty Underwriter

27th November 2025

Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has announced the appointment of Beth Jenkins as a Senior Casualty Underwriter. In her new role, Jenkins will support the expansion of Arch’s casualty portfolio, focusing on developing its UK risk managed retail ... Read the full article

Re authorises $134m in reinsurance for deployment at Jan renewals

27th November 2025

Re, a decentralised reinsurance protocol that connects institutional capital with fully collateralised insurance risk, has authorised $134 million in reinsurance across multiple programs, a major expansion of capital to be deployed across its insurance partners’ programs as the January 1st renewal season unfolds. Blockchain-backed reinsurer Re is built on smart contracts, ... Read the full article

Airline losses reshape the Q4’25 renewal season: WTW

27th November 2025

Adam Hemingway, who leads the Global Aviation & Space division at WTW, an advisory, broking and solutions firm, offers a candid look at how a succession of costly airline incidents has transformed expectations for 2025. What was meant to be a relatively steady renewal year has shifted into a challenging one, ... Read the full article

Rising costs of weather disasters challenge global economies, says Munich Re

27th November 2025

A new assessment from the global reinsurer Munich Re, draws on the expertise of Chief Climate Scientist Tobias Grimm and Lisa Hanselmann, Head of NatCatSERVICE, and sets out how major economies are increasingly strained by weather-related catastrophes. The company’s analysis shows that eight of the ten largest industrialised nations now face ... Read the full article

Humanity Insured brings parametric insurance to Cambodian farmers facing extreme heat

27th November 2025

Humanity Insured, a UK- and US-registered non-profit organisation, has announced a partnership with ARISE to deliver parametric insurance and digital advisory services to support smallholder farmers in Cambodia facing extreme heat. Humanity Insured is a UK- and US-registered charity backed by the insurance industry, working to make advanced insurance solutions accessible ... Read the full article

Kestrel Group subsidiary initiates arbitration claim over reinsurance dispute

27th November 2025

Kestrel Group has disclosed that its subsidiary, Genesis Legacy Solutions (GLS), has initiated arbitration against a ceding company under a reinsurance agreement, citing alleged breaches and misrepresentations. The arbitration arises from a reinsurance contract that provides two types of coverage, Reinsurance Premium Protection (RPP) with aggregate limits of approximately $25 million and ... Read the full article

Queensland and NSW storms push Suncorp to maximum reinsurance retention

27th November 2025

Australian insurer Suncorp expects the recent supercell thunderstorms that brought large hail and destructive winds to South East Queensland and northern New South Wales to hit its full reinsurance retention of $350 million, with the storms prompting more than 10,000 claims as of 26th November 2025. Of the total claims, approximately ... Read the full article

Alliant and BP Marsh backed Sodalis Capital launches

27th November 2025

Sodalis Capital, founded and led by Colin Thompson as Chief Executive Officer (CEO) and backed by Alliant, an insurance intermediary, and BP Marsh & Partners PC, an AIM-listed specialist private equity investor, has officially launched this week. The London-based business plans to build an international platform through a targeted buy-and-build strategy ... Read the full article

QBE’s GWP reach $18.6bn in 9M’25 as firm reiterates full-year outlook

27th November 2025

QBE has reported that gross written premium grew 6% in the nine months to 30 September 2025, reaching $18.6 billion. According to the insurer, gross written premium growth included a drag of around ~$250 million from the run-off of non-core lines in North America. Excluding this, ex‑rate growth was 7%, or 6% on further excluding ... Read the full article

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