Reinsurance News

Universal reports 31% rise in Q1’26 net income on improved loss ratio and investment income

24th April 2026

Universal Insurance Holdings has reported Q1 2026 net income available to common stockholders of $54.3 million, up 31% year-on-year, supported by a lower net loss ratio and higher net investment income. Universal's underwriting performance also improved notably in the opening quarter of the year, with the net loss ratio falling to ... Read the full article

Hymans Robertson launches Precision service to support DB pension data readiness

24th April 2026

Hymans Robertson, a UK-based pensions and financial services consultancy, has introduced a new service aimed at helping defined benefit (DB) pension scheme trustees and sponsors better understand and manage their scheme data and member benefits. According to Hymans Robertson, the service—named Precision—has been developed to enable trustees and sponsors to evaluate ... Read the full article

UK carbon credit sector valued at £1.2bn as industry bodies urge stronger government strategy

24th April 2026

A joint report from City of London Corporation and UK Carbon Markets Forum, which together represent key parts of the UK’s financial and carbon markets ecosystem, sets out the current scale of the country’s carbon credit sector and highlights what they describe as a significant growth opportunity that could be ... Read the full article

Suncorp buys AUD 2.4bn five-year aggregate reinsurance cover

24th April 2026

Australian insurer Suncorp has secured an additional five-year aggregate reinsurance cover that will provide AUD 800 million of protection annually, and up to AUD 2.4 billion of total protection over the period beginning June 30, 2026. The attachment point for the aggregate cover is indexed to Suncorp’s growth in exposure over ... Read the full article

Asia Pacific insurers step up private market allocations as technology falls behind, reports Clearwater Analytics

24th April 2026

Clearwater Analytics, a provider of investment accounting, reporting and analytics solutions, reports that insurers across Asia Pacific are increasing their commitments to private markets at pace. According to Clearwater Analytics, executives surveyed expect that within five years roughly one third of their combined $3.8 trillion in assets will be allocated to ... Read the full article

Schroders Capital and Hannover Re introduce tokenised infrastructure for ILS investments

24th April 2026

Schroders Capital, the private markets division of global asset manager Schroders, and Hannover Re, an international reinsurance provider, have launched a tokenised capability within Schroders Capital’s Private Debt & Credit Alternatives (PDCA) insurance-linked securities (ILS) platform. The announcement includes the completion of what is described as the first real-world collateralised reinsurance ... Read the full article

Christopher T. Reichardt named President of Berkley Oil & Gas

24th April 2026

W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has appointed Christopher T. Reichardt as President of Berkley Oil & Gas. In his new role, Reichardt succeeds Linda A. Eppolito, who will transition as the Chair of the business unit. Both appointments are effective immediately. As a business ... Read the full article

EU insurers and reinsurers expand private credit exposure: S&P

23rd April 2026

S&P Global Ratings, the credit rating agency, reports that insurers and reinsurers in the European Union have been steadily increasing their allocation to private credit. The findings are presented in its Insurance Brief published on April 23, 2026, which the company notes does not constitute a rating action. S&P Global Ratings states ... Read the full article

Chubb CEO highlights misalignment between property supply-demand factors

23rd April 2026

During global insurer Chubb’s first quarter earnings call, CEO Evan Greenberg described the rapid softening in the property insurance market as “dumb,” citing a misalignment between supply-demand factors related to capital in the re/insurance industry and high intermediation costs. Chubb reported that it reduced exposures in its Major Accounts and ... Read the full article

Digital insurance growth in Africa and the Middle East highlights reinsurance capacity gaps, EIRS warns

23rd April 2026

EIRS, a company working on digital insurance infrastructure and reinsurance solutions across emerging markets, says the rapid expansion of digital insurance in Africa and the Middle East is exposing a structural imbalance in how risk is supported and transferred. The company notes that while demand and distribution are expanding quickly, the ... Read the full article

Kemper Corporation sells Newins Insurance Agency to Confie

23rd April 2026

US-based insurer Kemper Corporation has sold Newins Insurance Agency Holdings, LLC, its retail property and casualty insurance agency portfolio, to Confie, a personal lines insurance distribution company. Newins Insurance Agency Holdings’ distributions consist of captive agents and storefront locations. The operation was acquired by Kemper as part of the American Access ... Read the full article

Strong 2025 Lloyd’s syndicate results mask wide performance dispersion at individual level

23rd April 2026

Syndicate Research Limited (SRL) has reported that the weighted average result as a percentage of Net Premium Earned (NPE), excluding Funds in Syndicate (FIS) investment returns, for Lloyd’s of London syndicates trading in 2025 was an above-average 18.8%. The 2025 figure represents an improvement on 2024’s 18%, and compares favourably with ... Read the full article

Beedle retires from PartnerRe, Sasa Hu named CEO, P&C, APAC

23rd April 2026

Bermuda-based reinsurer PartnerRe has announced the retirement of James Beedle, the Chief Executive Officer of its Asia Pacific (APAC) unit. He is an industry veteran who served in the role for nearly a decade. Following this, the reinsurer has appointed Sasa Hu as its new CEO of property and casualty (P&C), ... Read the full article

Neptune expands revenues 29% in Q1’26 while maintaining strong EBITDA margins

23rd April 2026

Florida-based flood insurance group Neptune Insurance Holdings Inc., parent of Neptune Flood, has disclosed strong top-line growth for Q1 2026, with revenues rising nearly 29% year-on-year and adjusted EBITDA also posting solid gains. For the opening quarter of this year, Neptune's total revenues reached $37.8 million, up 28.8% from $29.4 million ... Read the full article

BMA and Lloyd’s introduce streamlined Market Entry pathway for insurance innovation

23rd April 2026

The Bermuda Monetary Authority (BMA), the regulator responsible for Bermuda’s financial services sector including insurance supervision, has introduced a new Market Entry & Innovation Pathway intended to support firms with established solutions in progressing more efficiently into the Bermuda market. The initiative was formally presented on 10 April 2026 at the ... Read the full article