Reinsurance News

Howden Hong Kong announces key team appointments

20th January 2026

Howden, a global insurance and risk solutions firm, has expanded its Hong Kong team with several strategic appointments, reflecting its focus on client service and long-term growth. Cyrus Cheung, ACII, joins as Senior Director, Business Development. Cheung brings extensive experience in corporate risk advisory, and will focus on expanding client relationships, ... Read the full article

Strong premium growth set to lift profitability in India’s insurance sector: Moody’s

19th January 2026

Moody’s Ratings, the credit rating agency, expects India’s insurance industry to benefit from sustained premium growth over the medium term, supporting an improvement in profitability. In Moody’s view, this growth is being driven by strong economic expansion, rising household incomes, accelerating digital adoption, supportive tax measures and the government’s intention to ... Read the full article

Mosaic bolsters NA & Intl. transactional tax-liability teams

19th January 2026

As a response to increased sector demand, Mosaic Insurance, a specialty insurer concentrating on cyber risk and financial institutions, has bolstered its North America and International transactional tax-liability teams. This expansion includes the promotion of one specialist and the recent addition of four new tax-risk professionals. Bill Monat, Global Head of Transactional ... Read the full article

Parametric provider CelsiusPro partners with ECOM to assist Indonesian farmers

19th January 2026

CelsiusPro Group, a provider of parametric insurance solutions for climate risks, has partnered with ECOM Agroindustrial Corp Ltd., a soft-commodities services group specialising in coffee, cocoa and cotton, to provide Indonesian farmers exposed to climate and natural catastrophe risks with parametric insurance cover. The initiative is supported by the University of ... Read the full article

Ageas expects profit boost thanks to China JV performance

19th January 2026

International insurance group Ageas has updated its Net Operating Result guidance as it is now expecting to make significantly more profit in 2025 than originally forecasted thanks to a tax change in China. The updated guidance range is now set between EUR 1.6 and 1.65 billion, a notable rise from the ... Read the full article

Zurich submits improved proposal to acquire 100% of specialist insurer Beazley

19th January 2026

Zurich Insurance Group has submitted an improved proposal of 1,280 pence in cash per share to acquire specialist insurer Beazley after the latter's Board rejected a previous proposal they felt significantly undervalued the firm. On January 4th, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley share to ... Read the full article

Westfield Specialty Intl. names Radbourne as Class Underwriter for Power and Onshore Renewables

19th January 2026

Westfield Specialty International, a re/insurance provider, has appointed Matthew Radbourne as Class Underwriter for Power and Onshore Renewables, based in London, Radbourne will report to Jon Hamilton, Divisional Director, Marine and Energy. Hamilton commented: “We are delighted to welcome Matt to Westfield Specialty. As we continue to build out our energy ... Read the full article

WWF warns nature loss is widening protection gap in advanced economies

19th January 2026

The World Wide Fund for Nature (WWF), an international conservation organisation working on environmental protection and sustainable development, has published a new white paper titled “Tackling the Insurance Protection Gap: leveraging climate and nature to increase resilience”. According to WWF, the paper warns that degrading ecosystems are increasing climate-related risks and ... Read the full article

Kim Schumacher promoted to Head of General Property in Germany at Berkshire (BHSI)

19th January 2026

Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, has recently announced the promotion of Kim Schumacher to Head of General Property in Germany. Schumacher joined BHSI in 2024 as a Senior Property Underwriter and has close to two decades of experience in the insurance sector. Andreas Krause, Head ... Read the full article

Fitch predicts further re/insurance softening in 2026, but ROEs to stay strong

19th January 2026

The insurance and reinsurance market is expected to experience further softening in 2026, yet profitability is to remain robust, with returns on equity (ROEs) remaining above the industry’s cost of capital, Fitch Ratings notes in a recent report. Fitch forecasts that while ROEs may dip from the high teens seen in ... Read the full article

Munich Re’s NewRe appoints Sascha Brehm to its Board of Directors

19th January 2026

New Reinsurance Company Ltd. (NewRe), a Swiss reinsurer and part of the Munich Re Group, has announced the appointment of Dr. Sascha Brehm to its Board of Directors, effective 16th January 2026. Brehm succeeds Markus Hummel, who stepped down after four years of service on the Board to assume the role ... Read the full article

Cyber reinsurance buyers benefit from favourable supply dynamics at 1/1: Howden Re

19th January 2026

According to global reinsurance broker Howden Re, buyers of cyber reinsurance benefitted from favourable supply dynamics at the January 1st, 2026, renewals, supported by strong competition and a manageable loss environment. Although there were several high-profile attacks on individual insureds and a number of systemic events, financial impacts were not material ... Read the full article

Amiga Specialty expands transactional risks offering with IGI and Lloyd’s capacity

19th January 2026

Amiga Specialty, an independent international Managing General Agent (MGA), has secured new capacity for its UK and European Transactional Risks team, supported by IGI and Lloyd’s. The additional capacity strengthens Amiga Specialty’s ability to support M&A and wider corporate transaction activity, enabling the business to offer higher limits, broader deal profiles, ... Read the full article

Allianz invests in Wrisk as part of Series B funding to accelerate embedded automotive insurance growth

19th January 2026

Wrisk Limited, a digital insurance platform focused on embedded insurance for the automotive industry, has confirmed a strategic investment from Allianz Holdings plc. The investment forms part of Wrisk’s recently announced Series B funding round, led by Alma Mundi Ventures alongside Opera Tech Ventures. With this investment, Allianz joins a group of ... Read the full article

Saudi Re opens GIFT City branch following India’s regulatory reforms

19th January 2026

Saudi Re has obtained the approvals from Saudi Arabia’s Insurance Authority and the relevant Indian authorities to open a branch in India’s Gujarat International Finance Tec-City (GIFT City). Saudi Re, which has been active in the Indian market for more than a decade from its headquarters in Riyadh, made the move ... Read the full article