Reinsurance News

McGill & Partners works with Google Earth AI for faster disaster response

24th October 2025

Insurance and reinsurance broker McGill & Partners is leveraging Google's cutting-edge AI and massive Earth observation data capabilities to enhance how they understand, model, and price global risks, particularly those related to climate and natural catastrophes. The broker is collaborating with Bellwether, a group of geospatial experts from X, Alphabet’s Moonshot ... Read the full article

Wright Flood to acquire assets of Poulton Associates

24th October 2025

Wright National Flood Insurance Company (Wright Flood), a wholly owned subsidiary of Brown & Brown Inc. operating within Arrowhead Programs, has announced that its affiliate, Wright National Flood Insurance Services LLC, has entered into an agreement to acquire the assets of Poulton Associates LLC. Founded in 1989 and headquartered in Salt ... Read the full article

European reinsurers’ capital surplus could add pressure to 1/1 renewals

24th October 2025

European reinsurers are entering the 1/1 renewal season with capital levels well above their target ranges, a development that could intensify pricing pressure across the market. According to J.P. Morgan’s latest Love Actuary report, the region’s largest reinsurers, which include Munich Re, Swiss Re, and Hannover Re, are materially over-capitalised, with Solvency ... Read the full article

Kinsale Capital’s net income rises 24% to $141.6m in Q3’25

24th October 2025

Kinsale Capital Group, Inc. reported a net income of $141.6 million for the third quarter of 2025, an increase of 24% compared to $114.2 million for the same period a year earlier. Net income included after-tax catastrophe losses of $1 million, compared to $10.8 million in Q3’24. In Q3’25, net operating earnings ... Read the full article

US Investors show strong interest in earnings growth and reinsurance discipline: Berenberg

24th October 2025

Berenberg, the German private bank and investment firm, met with 20 US investors last week to present insights on the insurance and reinsurance sectors, with the discussions primarily addressing market outlook, company performance, and sector valuation. Investors engaged with Berenberg on the outlook for reinsurance, exploring whether the market is experiencing ... Read the full article

MS Amlin names Pinder Head of US Casualty, Kimber Head of International Casualty & Cyber

24th October 2025

Lloyd’s global insurer and reinsurer MS Amlin has confirmed several senior appointments in its Casualty Reinsurance team, including that of Rhian Pinder as Head of US Casualty, and Jonathan Kimber has been appointed Head of International Casualty & Cyber. These appointments, according to the re/insurer, aim to give the firm's brokers ... Read the full article

Climate and inflation pressures drive record losses, according to LexisNexis Risk Solutions

24th October 2025

LexisNexis Risk Solutions, a provider of data and analytics for the insurance and financial industries, has released its 10th annual US Home Trends Report. The study offers a detailed look at how claims trends across different perils are shaping the US home insurance market, helping carriers make more informed decisions in ... Read the full article

James Mitchell joins IQUW Bermuda as CUO

24th October 2025

Specialty insurer and reinsurer IQUW Bermuda has announced the appointment of James Mitchell as Chief Underwriting Officer (CUO) with immediate effect. In his new role, as CUO, Bermuda, Mitchell will be responsible for leading all reinsurance underwriting. He will also play a pivotal role in developing IQUW Bermuda’s underwriting culture of technical ... Read the full article

Universal’s Q3’25 profit surges on lower losses, stronger Florida market

24th October 2025

Universal Insurance Holdings has disclosed a Q3 2025 net income available to common stockholders of $39.8 million, a sharp turnaround from a net loss of $16.2 million in Q3 2024, driven by a lower net loss ratio, higher net premiums earned, and increased net investment income. With lower losses in Q3 ... Read the full article

Cowbell appoints Klipphahn & Hewerdine to strengthen mid-market and claims operations

24th October 2025

Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, has announced the appointments of Jessica Klipphahn as Head of North America Mid-Market and Stephanie Hewerdine as Director of Claims. In her new role, Klipphahn will lead Cowbell’s continued expansion in the mid-market segment, reporting to Simon Hughes, ... Read the full article

MX expands London market capabilities through multi-year partnership with Aviva

24th October 2025

MX, the underwriting division of Specialist Risk Group (SRG), has entered into a strategic multi-year delegated distribution agreement with Aviva to support Trilogy Underwriting. This partnership is expected to generate over £100 million in gross written premium, strengthening MX’s London Market capabilities and accelerating its growth across the UK. With an expanding ... Read the full article

Aon Reinsurance Solutions appoints Secker and De Bosini to EMEA leadership roles

24th October 2025

Aon, a global insurance and reinsurance broking group, has announced the appointments of Andrew Secker as EMEA Chief Client Officer (CCO) for Reinsurance Solutions and Daniele De Bosini as EMEA Chief Broking Officer (CBO) for Reinsurance Solutions. Both Secker and De Bosini will report to Tomas Novotny, EMEA CEO and Chairman ... Read the full article

Moody’s revises outlook for Germany’s P&C insurance sector to stable from negative

24th October 2025

Moody’s Ratings has revised its outlook for Germany’s property and casualty (P&C) insurance sector to stable from negative, citing an expected improvement in underwriting profitability and a return to more balanced market conditions. The change reflects Moody’s assessment that the sector’s combined ratio,  which measures claims and expenses as a percentage ... Read the full article

Mike Dalby succeeds Kelly Ogley as CEO of Howden CLC

24th October 2025

Global insurance intermediary group Howden has announced the appointment of Mike Dalby as CEO, Howden Consumer & Local Commercial (CLC), succeeding Kelly Ogley. Dalby takes up this role alongside his existing leadership of Howden’s Consumer Life and Health division. As CEO of Howden CLC, the executive will be responsible for leading the ... Read the full article

£86m traded in first 2025 Lloyd’s capacity auction, highest activity in a decade

24th October 2025

Trading in the first of Lloyd’s three 2025 capacity auctions reached £86 million, marking the most active opening auction in a decade, with capacity changing hands across 21 syndicates. According to data from Argenta, there were £32.7 million of subscriptions (offers to buy) against £35.2 million of tenders (offers to sell), ... Read the full article