Reinsurance News

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

Wildfire strategist Jessica Morse joins Delos as government affairs consultant

26th November 2025

Jessica Morse, a government wildfire management expert, has joined MGA Delos Insurance Solutions as a government affairs consultant to property insurance. Her appointment signals a strategic move by Delos to enhance its support for California homeowners struggling to secure property insurance in locations facing high wildfire risk. Delos is a surplus lines ... Read the full article

AI replacement fears fall sharply among underwriters and actuaries: hyperexponential

26th November 2025

In 2025, there has been a marked fall in the fear of becoming obsolete or replaced by artificial intelligence (AI), with less than half of underwriters (48%) and actuaries (49%) now fearing replacement by AI, down from 74% and 80% respectively in 2024, according to a recent report by hyperexponential ... Read the full article

Generali’s financial strength lifted to A2 following Italy rating upgrade

26th November 2025

Moody's Ratings has upgraded Generali's insurance financial strength rating (IFSR) to A2 from A3, following the one-notch upgrade of the Italian government’s rating. "Generali's ratings are partly constrained by the Italian sovereign rating, driven by the group's operating income and asset exposure to Italy, along with the domicile and debt issuance ... Read the full article

Majority of UK SMEs have experienced a cyber incident: Coalition survey

26th November 2025

In the last five years, nearly three-quarters of UK SMEs have been impacted by a cyber incident, according to a recent survey by Coalition, an active insurer focused on preventing digital risks. Coalition’s study, conducted by an independent research organisation in September 2025, surveyed 600 senior insurance decision-makers at mid-market firms ... Read the full article

Radian Guaranty secures $373m of XoL reinsurance coverage

26th November 2025

US-based company primarily known for mortgage insurance, Radian Group Inc.’s wholly owned subsidiary, Radian Guaranty, has agreed to the principal terms of an approximately $373 million excess of loss (XoL) reinsurance arrangement with a panel of highly rated third-party reinsurance providers. This move aligns with the company's broader risk distribution strategy ... Read the full article

MAPFRE RE secures €125m cat bond targeting European wind risk

26th November 2025

MAPFRE RE has returned to the catastrophe bond market by sponsoring a new €125 million, three-year issuance specifically designed to protect its European risk portfolio against extreme wind events, which constitute the firm's main catastrophic exposure in the region. This 2025 transaction, executed through the Irish-domiciled SPV Recoletos Re DAC, Read the full article