Reinsurance News
US P&C industry sees decade-high performance in 2025, AM Best reports
24th February 2026
The United States property and casualty (P&C) insurance sector recorded its strongest performance in ten years in 2025, driven by disciplined underwriting, robust pricing and investment gains, despite ongoing pressures from claim costs and liability exposure, according to credit rating agency AM Best. In its annual Review & Preview Best’s Market ... Read the full article
Price Forbes hires Davies to lead Bermuda property division
24th February 2026
Price Forbes has appointed Gareth Davies as Executive Vice President and Head of Property, effective immediately, with Davies to be based in Bermuda, where he will lead the strategic development and growth of the firm’s property division. Davies, who holds three decades of industry experience, joins Price Forbes from Lockton, where ... Read the full article
Skuld reports successful outcome for 2026/27 mutual P&I renewal
24th February 2026
Marine insurance provider Skuld has reported a successful and robust outcome for the 2026/27 mutual P&I renewal, reflecting disciplined underwriting, firm market positioning, and continued support both from existing and new members. Skuld owners’ mutual P&I book of business grew to 128 million gross tonnage (GT), representing a 6% increase in ... Read the full article
Skyward Specialty reports $43.2m net income and improved CoR for Q4’25
24th February 2026
Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, has announced its financial results for the fourth quarter of 2025 reporting a net income of $43.2 million, a 13.2% increase in gross written premiums and a combined ratio of 88.5%. Q4 2025 net income saw significant improvement compared ... Read the full article
SCOR’s Chris Beazley joins the IUA Board
24th February 2026
The Board of the International Underwriting Association (IUA) has announced the addition of Chris Beazley, Chief Commercial Officer at SCOR Business Solutions and Chief Executive Officer of SCOR UK and SCOR Syndicate, to its ranks. The IUA Board is responsible for governing and overseeing the association’s work to secure an optimal ... Read the full article
B.P. Marsh views sustained M&A wave as strategic opportunity
24th February 2026
B.P. Marsh & Partners, the specialist venture capital investor in early-stage financial services businesses, has suggested it sees ongoing mergers & acquisitions (M&A) activity as a source of opportunity, both within its existing portfolio and in respect of new investments, following a strong financial year ended 31 January 2026. B.P. Marsh ... Read the full article
Markel Group names Wilson and Crowley as EVPs
24th February 2026
Global reinsurance and insurance company, Markel Group Inc., has appointed Simon Wilson and Andrew Crowley as its Executive Vice Presidents (EVP), effective immediately. The pair will take on the expanded role in addition to their current responsibilities. Currently, Wilson serves as the Chief Executive Officer (CEO) of Markel Insurance, and Crowley ... Read the full article
Zurich Australia expands in life insurance market with ClearView acquisition
24th February 2026
Zurich Financial Services Australia (Zurich) has entered an agreement to acquire ClearView Wealth Limited (ClearView) via a scheme of arrangement. The transaction bases ClearView's equity value at approximately AUD 415 million. Zurich Australia confirmed that the proposed acquisition has received the unanimous recommendation of ClearView Directors. The implementation of the proposed acquisition ... Read the full article
Kin sees continued top-line growth in 2025 as GWP reach $634.4m
24th February 2026
Kin, the direct-to-consumer digital home and auto insurance and home finance provider, has reported continued strong top-line expansion in 2025, with gross written premium (GWP) increasing 28% year-on-year to $634.4m, compared with $495.3m in 2024. The growth was driven primarily by renewal written premium, which climbed to $439.9m in 2025 from ... Read the full article
Cheryl Yi Min Poon joins Howden’s Multinational Client Practice
24th February 2026
Global insurance and reinsurance broker Howden has appointed Cheryl Yi Min Poon as Director, Multinational Client Practice. Cheryl is joining Howden following a ten-year tenure at Marsh Asia, where she most recently served as Vice President. She initially joined Marsh Asia in 2015 as a Client Manager, and was later appointed Assistant ... Read the full article
Solomon Islands records first climate risk insurance payouts following January heavy rainfall
24th February 2026
The Central Bank of Solomon Islands (CBSI), the country’s monetary authority responsible for maintaining financial stability and supervising the banking sector, has successfully completed the first payouts under Solomon Islands’ climate risk parametric insurance programme. The payments were triggered by the heavy rainfall event in January 2026 and were processed through ... Read the full article
QBE Asia names Chubb’s Carles Tondo as Head of Property, Asia
24th February 2026
QBE Asia has announced the appointment of Carles Tondo as Head of Property for Asia, effective immediately. Tondo will assume responsibility for the property portfolio from Brendan Dunlea, Regional Head of Construction and Engineering at QBE Asia, who will continue to lead the construction, engineering, renewables and power generation businesses, as ... Read the full article
AEGIS London appoints Neil Bayles Chief Information Officer
24th February 2026
Lloyd’s syndicate AEGIS London has announced the appointment of Neil Bayles as its Chief Information Officer (CIO), a newly created position. In his new role, Bayles will be responsible for developing and implementing the firm's IT strategy, ensuring it aligns with and supports the wider corporate objectives. A key aspect of his ... Read the full article
Cayman reinsurance assets surpass $100bn, says Cayman Finance
23rd February 2026
Cayman Finance, the representative body for the Cayman Islands’ financial services industry, has reported significant expansion in the jurisdiction’s reinsurance sector following publication of the 2025 Insurance Statistics by the Cayman Islands Monetary Authority (CIMA). Drawing on CIMA’s latest data, Cayman Finance states that the number of licensed reinsurance companies has ... Read the full article
Canopius and Globex Underwriting Services partner to expand global marine coverage
23rd February 2026
Canopius, a global specialty and P&C re/insurer, has announced that Canopius US Marine and Globex Underwriting Services have entered into a partnership to provide placement of local marine policies worldwide. Globex Underwriting Services, a division of Globex International Group, is an independent service provider supporting insurance carriers with their international needs. Through ... Read the full article
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