Reinsurance News
Insurers prepare for another year of uncertainty, says BlackRock
21st October 2025
Insurance companies remain cautious as inflation once again emerges as one of the leading macroeconomic risks, according to BlackRock’s 14th annual Global Insurance Report. BlackRock, the asset manager, surveyed 463 senior investment professionals across 33 markets representing a combined US$23 trillion in assets under management. The findings highlight an industry balancing prudence ... Read the full article
Bishop Street introduces MGA incubator and expands leadership team
21st October 2025
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has introduced Bishop Street Program Managers, an incubator designed to support the growth of managing general agents. Operating within the Bishop Street platform, the initiative will work with underwriters to develop new specialty MGAs and respond to emerging opportunities in the insurance ... Read the full article
QBE names Chris Killourhy Group CFO
21st October 2025
Chris Killourhy has been appointed as Group Chief Financial Officer of QBE Insurance Group, subject to regulatory approvals. In his new role, Killourhy will lead QBE’s global financial strategy, capital management and investor relations. Killourhy brings a unique blend of technical excellence, strategic insight and collaborative leadership to his new role, the ... Read the full article
Will Nihan to lead SiriusPoint’s IMG as CEO
21st October 2025
SiriusPoint Ltd., a global specialty insurer and reinsurer, has appointed Will Nihan as Chief Executive Officer (CEO) of International Medical Group (IMG), its wholly owned subsidiary and a global insurance benefits and assistance services. The appointment is effective as of November 3rd, 2025. In his new role, Nihan replaces Adam Hirschfeld, ... Read the full article
KBRA anticipates resilience among catastrophe-exposed insurers
21st October 2025
KBRA currently expects moderate weather-related loss activity, noting that, absent a particularly severe event, most insurers should be able to absorb storm-related losses through earnings or surplus without significantly affecting their overall claims-paying ability. The agency’s recent research indicates that isolated downgrades may occur for insurers experiencing outsized losses relative to ... Read the full article
Previsico closes Series A funding round to accelerate global growth
21st October 2025
Previsico, the actionable flood warning insurtech, has announced the successful close of its Series A funding round to accelerate its global expansion. The round included investment from Connecticut Innovations (CI), Connecticut’s strategic venture capital arm, and BlueOrchard Finance Limited, a global impact investment manager and member of the Schroders Group. It ... Read the full article
Clear evidence re/insurance industry is still cyclical: W. R. Berkley CEO
21st October 2025
Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there's still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in recent times, with further softening expected, according to Rob Berkley, Chief Executive ... Read the full article
85% of insurers negatively impacted by third-party risks: Dun & Bradstreet
21st October 2025
Insurance companies are facing growing third-party risk, with 85% of UK insurers and brokers having experienced negative impacts from such risks, according to a recent Dun & Bradstreet report. Dun & Bradstreet’s recent Financial Services & Insurance Pulse Survey 2025 draws on insights from over 2,000 senior professionals in the financial ... Read the full article
Helios confirms Tucker CEO appointment, adds Parsons as INED
21st October 2025
Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has confirmed the appointment of Louis Tucker as CEO, alongside the hire of Joanna Parsons as an Independent Non-Executive Director. Helios announced Tucker’s appointment from Arch Capital Group ... Read the full article
Commitment to long-term stability will ensure enduring success: QBE Re’s Killourhy
21st October 2025
Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on discipline and long-term partnerships in specialty lines. In an interview with ... Read the full article
Echo Re adopts ACORD’s ADEPT platform for digital messaging with Gallagher Re
21st October 2025
Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into its downstream systems. This implementation of next-generation digital technologies has reportedly resulted in a 50% reduction in ... Read the full article
T&D Holdings invests in new Fortitude Re and Carlyle reinsurance sidecar
21st October 2025
T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (approx. JPY 37.5billion, USD 1 = JPY150.00) to the limited partnership, Carlyle FCA Re, ... Read the full article
W. R. Berkley’s Q3’25 net income rises 40% to $511m
21st October 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported year-on-year net income growth of 39.8% for the third quarter of 2025 to $511 million, compared to $365.63 million last year. For Q3’25, the company reported gross and net premiums written of $3.8 billion and $3.2 ... Read the full article
A return to the challenges of two to three years ago ‘out of the question’, says MAPFRE RE’s Meyerhoff
21st October 2025
Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of the question.” In an interview with Reinsurance News around the Baden-Baden ... Read the full article
RLI sees underwriting income expand in Q3’25 as CoR improves to 85.1%
21st October 2025
RLI Corp. has reported Q3 2025 underwriting income of $60.5 million and a combined ratio of 85.1%, compared with $40.7 million and 89.6%, respectively, in the same period of 2024. Results for both years reportedly benefited from favourable development on prior years’ loss reserves, which added $13.7 million to underwriting income ... Read the full article
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