Reinsurance News

Applied Systems reports Q4’25 Canadian commercial insurance premium trends

18th February 2026

Applied Systems, an insurance technology provider serving brokers, insurers and agencies, has released its fourth quarter 2025 findings from the Applied Commercial Index, which tracks premium rate movements across the Canadian commercial insurance market. The latest data indicates that the pace of premium increases continued to slow through the end of ... Read the full article

BayPine to acquire US independent insurance broker Relation for AI-driven expansion

18th February 2026

BayPine, a private investment firm, has entered into a definitive agreement to acquire Relation Insurance Services, a US independent insurance broker, from Aquiline Capital Partners LP in an undisclosed transaction. According to the announcement, Relation’s management team, including Chief Executive Officer Tim Hall, will continue to lead the company. BayPine’s investment is ... Read the full article

Capital management, portfolio quality prioritised over growth, says Conduit Re CEO

18th February 2026

Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that the emphasis is on capital management and portfolio quality rather than ... Read the full article

Sompo gets regulatory approvals for $3.5bn Aspen acquisition

18th February 2026

Sompo Holdings, Inc. has reportedly received the necessary antitrust and insurance regulatory approvals required to complete its acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Sompo International Holdings Ltd. (SIH). In August last year, SIH agreed to acquire all ... Read the full article

Swiss Re appoints Anne Lohbeck as Chief Risk Officer for P&C Re

18th February 2026

Zurich-domiciled global reinsurance company Swiss Re has appointed Anne Lohbeck as Chief Risk Officer for P&C Re, effective 1st May 2026. Lohbeck will report to Bernhard Kaufmann, Group Chief Risk Officer, and join the Risk Management Executive Team as well as the P&C Re Executive Committee. In this role, she will be ... Read the full article

Verisk caps off 2025 with revenue of $3.07bn

18th February 2026

Verisk, a strategic data analytics and technology partner to the global insurance industry, has reported total revenue of $3.073 billion for 2025, an increase of 6.6% compared with 2024. According to the firm, underwriting revenues rose 7.7% from 2024 to $2.18 billion, driven by growth in forms, rules and loss cost ... Read the full article

Flood risk intensifies as insurance protection lags across the US: Triple-I

18th February 2026

The Insurance Information Institute (Triple-I), a US-based trade association representing the insurance industry and providing research and data on risk trends, reports that 2025 saw a rapid succession of deadly floods across the country, underscoring the increasing threat of inland and flash flooding and the continuing importance of adequate flood ... Read the full article

Fidelis Insurance promotes O’Donovan to Group Chief Actuary

18th February 2026

Fidelis Insurance Holdings Limited, the Bermuda-domiciled re/insurer, has promoted Shane O’Donovan to Group Chief Actuary. In his new role, O’Donovan will continue to report to Jonny Strickle, Group Managing Director, who continues to oversee the actuarial function of the Group. Additionally, he will now oversee actuarial capabilities globally, be responsible for optimising ... Read the full article

Goosehead’s total revenue climbs 12% to $105.3m in Q4’25

18th February 2026

Goosehead Insurance, Inc., an independent personal lines insurance agency, has reported total revenues of $105.3 million in the fourth quarter of 2025, representing a 12% increase compared to the same period a year earlier. Core revenue, a non-GAAP measure that excludes contingent commissions, initial franchise fees, interest income, and other franchise ... Read the full article

BMS launches new Accident & Health division with five senior appointments

18th February 2026

BMS, the independent insurance and reinsurance broker, has confirmed five appointments to its newly formed Accident & Health (A&H) division, based in London. The new team will work alongside BMS’s established A&H relationships, providing solutions across international markets without territorial or client constraints. James Early joined BMS as Managing Director on 9 ... Read the full article

Pacific Life Re strengthens presence in Dutch market with €1.3bn longevity swap

18th February 2026

Life reinsurer Pacific life Re has strengthened its presence in the Dutch market with the completion of a €1.3 billion longevity swap reinsurance transaction with Aegon Levensverzekering N.V., part of the a.s.r. group. This agreement is Pacific Life Re’s second longevity reinsurance transaction in the Netherlands, following its landmark €2bn ... Read the full article

Fuse introduces Radar: AI-driven market intelligence for insurance professionals

18th February 2026

Fuse International, Inc., a company specialising in data-driven solutions for the insurance sector, has launched Radar, an artificial intelligence-powered market intelligence platform aimed at enhancing decision-making for commercial and speciality insurance professionals. Fuse International, Inc. developed Radar to give brokers insight into which carriers are currently seeking particular risks, while enabling ... Read the full article

Casualty drives top-line growth at Conduit Re in 2025 as revenue rises 10%

18th February 2026

Bermuda-based reinsurer Conduit Re recorded a 6.9% rise in gross premiums written (GPW) for the full year 2025, driven by the casualty segment with modest growth in property, as the firm's undiscounted combined ratio rose by 4.4 percentage points to 101.5%, with a 15.3% contribution to the undiscounted net loss ... Read the full article

Suncorp maintains strong capital position despite higher H1’26 natural hazard costs

18th February 2026

Despite natural hazard costs rising sharply to AU$1.319 billion in H1 2026, from AU$503 million a year earlier, Suncorp said its underlying business “remains resilient”, and its capital position continues to be strong. “While Suncorp’s H126 reported profits and shareholder returns have been challenged by an elevated level of natural hazard ... Read the full article

QBE names Santa-Cruz as Europe Technical & Business Performance Manager

18th February 2026

Global insurer QBE has appointed Jesús Prieto Santa-Cruz as the Europe Technical & Business Performance Manager. In his new role, Santa-Cruz will focus on strengthening the insurer’s portfolio management capability across Europe and work closely with portfolio managers and underwriters. Additionally, he will support deeper portfolio segmentation and analysis to optimise underwriting ... Read the full article