Reinsurance News
Marc Roston joins Hamilton’s Board of Directors
27th February 2026
Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced the appointment of Marc Roston to its Board of Directors as a shareholder director by Magnitude Capital, LLC. Roston replaces Hawes Bostic, who has served on the Hamilton Board since 2022 and is currently Chief Investment Officer at Magnitude Capital. Roston ... Read the full article
Saudi Re’s revenue increases 48% in 2025, net profit stands at SAR 140m
27th February 2026
MENA-region reinsurer Saudi Re has announced its financial results for the full year 2025, reporting SAR 1.67 billion in revenue, a 48% increase compared to the same period of the previous year. According to the firm, this growth was supported by expansion across multiple business lines, both domestically and internationally. While revenue ... Read the full article
Swiss Re to nominate former Hannover Re CEO Henchoz to serve as Board member
27th February 2026
Global reinsurer Swiss Re's Board of Directors plans to nominate Jean-Jacques Henchoz, the former Chief Executive Officer (CEO) of large reinsurer Hannover Re, for election as a new, Non-Executive and Independent member of the Board. The appointment is expected to last for a one-year term. Simultaneously, Larry Zimpleman, who has served ... Read the full article
Miller to acquire Dubai-based reinsurance broker Shields
27th February 2026
Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly complementary to its re/insurance strategy and broader multinational expansion, further strengthening its established footprint across the EMEA market. The ... Read the full article
Brit’s profits hit $651.8m in 2025 as Bermuda reinsurance platform expands
27th February 2026
Brit Insurance has disclosed its results for 2025, highlighting profits for the year of $651.8m, an increase of 36.2% from 2024, while insurance premiums written expanded to $3.09bn from $2.98bn. Brit also reported a return on net tangible assets of 28.8% for 2025, up from 25.8% in 2024. The combined ratio after ... Read the full article
PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn
27th February 2026
PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This second estimate compares to the initial loss estimate of AUD 2.663 billion issued ... Read the full article
Fidelis makes preparations for new Pelagos branded entities in Bermuda
27th February 2026
Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited. While the group has secured multiple names, it is understood that not all may be used, as they may just ... Read the full article
Swiss Re delivers record Group net income as P&C Re profit rises to $2.8bn
27th February 2026
Global reinsurer Swiss Re's Group net income increased by 47% to $4.8 billion in 2025 with a strong performance across the business, including a significant rise in property and casualty (P&C) reinsurance net income on the back of a lower-than-expected large natural catastrophe burden. Group-wide, Swiss Re generated insurance revenue of ... Read the full article
HCI reports significant rise in net income to $108m in Q4’25
27th February 2026
HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-tax income amounted to $144 million, up from $6 million in ... Read the full article
Gallagher strengthens dispute resolution insurance team with director appointment
27th February 2026
Gallagher, the international insurance broking and risk management firm, has appointed specialist investigations and disputes lawyer Alexandra Carr as a Director in its dispute resolution insurance team, with the team ranking as Band 1 for litigation support by Chambers & Partners. The dispute resolution insurance team operates within Gallagher’s growing multidisciplinary ... Read the full article
Rokstone North American Marine launches Inland Marine Equipment program
27th February 2026
Rokstone North American Marine, part of the international specialty re/insurance MGA Rokstone, has launched a new Inland Marine Equipment program supported by a USD 10 million underwriting facility from QBE. Targeting small to mid-sized contractors, equipment dealers, rental operators, and industrial businesses operating across multiple locations and job sites, the new ... Read the full article
Liberty Mutual Re ANZ appoints Casualty Underwriting Manager
27th February 2026
Liberty Mutual Reinsurance (LM Re), the reinsurance division of Liberty Mutual, has appointed John Nicholls as Casualty Underwriting Manager for Australia and New Zealand (ANZ). Nicholls joins LM Re from the Sydney office of Liberty Specialty Markets in an internal transfer, reflecting the organisation’s integrated operating model across its global businesses. This ... Read the full article
Mosaic and Munich Re introduce AI-specific insurance for developers
27th February 2026
Mosaic Insurance, a specialist insurer, has partnered with Munich Re, an international reinsurer, to offer a new insurance product tailored to the needs of AI providers. The scheme draws on Munich Re’s aiSure platform, a recognised tool for evaluating AI risks, to cover exposures not typically addressed by conventional cyber or ... Read the full article
US winter storms to hit Q1 profits with primary insurers expected to absorb losses: AM Best
26th February 2026
Losses from two major winter storms in the United States - Fern in January and Hernando in February - are expected to result in a significant decline in underwriting profits for the first quarter of 2026, but the impact will be less severe than the California wildfires of 2025, according ... Read the full article
Christopher Dalrymple appointed Group Chief Legal Officer at Howden
26th February 2026
Howden, the international insurance broking group, today announces the appointment of Christopher Dalrymple as Group Chief Legal Officer, effective 23 March 2026. Dalrymple will support Howden’s growth ambitions, bringing over 25 years of legal leadership across the insurance and financial services sectors, alongside extensive experience in public company governance, private equity, ... Read the full article
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