Reinsurance News
Caribbean insurers’ reinsurance costs & capacity constraints moderate: AM Best
9th February 2026
Constraints regarding costs and capacity have begun to moderate for Caribbean insurers, amid an accelerated softening in property reinsurance pricing and a modest relaxation in some terms and conditions, according to a recent AM Best report. For regional insurers, this shift, combined with aggressive rate adjustments, has paved the way for ... Read the full article
OpenAI approves insurer-built AI app on ChatGPT
9th February 2026
OpenAI has approved an AI app from an insurance provider on ChatGPT, built by Tuio, one of Spain’s leading digital insurers, and powered by WaniWani’s AI distribution infrastructure, enabling users to receive a personalised home insurance quote(s). Tuio, the insurance provider, can distribute its products and offer quotes directly in ChatGPT, ... Read the full article
Aon and KNIAZHA VIG unveil new $25m war-risk insurance facility with US DFC
9th February 2026
Global professional services firm Aon and KNIAZHA VIENNA INSURANCE GROUP (KNIAZHA VIG), a Ukrainian subsidiary of Vienna Insurance Group (VIG), have announced a $25 million reinsurance facility agreement with the U.S. International Development Finance Corporation (DFC) that will provide reinsurance coverage for a portfolio of war risk insurance policies with ... Read the full article
Willis Re continues build-out with Georgia Heathfield hire
9th February 2026
Willis Re, a specialised reinsurance broking joint venture between Bain Capital (BCIS) and WTW, has strengthened its team with the appointment of Georgia Heathfield. Heathfield is an accomplished insurance and reinsurance specialist with over two decades of experience in the London market. She began her career in 2004 at RFIB in the ... Read the full article
Global facultative reinsurance market enters softer phase: Gallagher Re’s Muñoz
9th February 2026
After the key January 1st, 2026, renewals, the global facultative reinsurance market has entered into a softer phase as a result of abundant capital, expanding appetite, improved technical results, and a steady flow of new capacity, according to Pablo Muñoz, Chief Executive Officer (CEO) of Facultative for global reinsurance broking ... Read the full article
Subramaniam and Varbanov to lead SEADRIF-SAFE taskforce as independent Co-Chairs
9th February 2026
The Southeast Asia Disaster Risk Facility (SEADRIF) Insurance Company has appointed Dr. Ramesh Subramaniam and Lubomir Varbanov as independent Co-Chairs to lead the SEADRIF Sovereign Asset and Fiscal Empowerment (SEADRIF-SAFE) Task Force. Championed by the Philippines and Japan as 2026 co-chairs of ASEAN+3, SAFE will integrate disaster insurance directly into infrastructure ... Read the full article
German Insurance outlook muted despite strong 2025 results: Moody’s
9th February 2026
Although preliminary results for 2025 indicate growth and improvement across both property & casualty (P&C) and life insurance in the German market, Moody's has cautioned that underwriting profitability is likely to ease in 2026, assuming normalised natural catastrophe claims and more moderate claims inflation. According to Moody's, the German insurance industry ... Read the full article
Canopius launches consolidated Natural Resources team
9th February 2026
International specialty P&C re/insurer Canopius, has announced a strategic restructuring of its underwriting capabilities with the formation of a consolidated Natural Resources team. This move is a response to a rapidly shifting market landscape, where the boundaries between energy, heavy industry, and construction are increasingly fluid. The new Natural Resources team integrates ... Read the full article
MNK International launches new Brazil brokerage led by Sergio Clark
9th February 2026
MNK International, a leading independent Lloyd’s of London broker and part of the MNK Group, has announced the launch of MNK International Brazil, a new brokerage offering re/insurance solutions, led by CEO Sergio Clark and International Director Alexandre Dabus. Headquartered in São Paulo, MNK International Brazil will reportedly help Brazilian clients ... Read the full article
Cowbell enters Australian market with Zurich-backed SME cyber policy
9th February 2026
Cowbell, a cyber and specialty insurance provider focused on small and medium-sized enterprises, has officially entered the Australian market and introduced Prime One, with policies written on Zurich Australian Insurance Ltd paper. The insurer has appointed industry veterans Anthony Wall and Alric Lal to lead the expansion. The programme is a ... Read the full article
MS Amlin names Andrew Fish as Head of Exposure Management
9th February 2026
Lloyd’s global re/insurer MS Amlin has appointed Andrew Fish as Head of Exposure Management. The move aligns with the reinsurer's ongoing commitment to advancing expertise in the vertical. In the new role, Fish will enhance the firm’s risk management and pricing strategies through advanced modelling and analytics, and lead a team ... Read the full article
MDS strengthens Spanish operations with four senior hires
9th February 2026
Ardonagh Group’s insurance and reinsurance brokerage, risk consultancy and benefits management firm MDS Group has expanded its operations in Spain with the appointment of four senior leaders across employee benefits, marine, and surety insurance. José Antonio Heredia has been appointed as the Director of Employee Benefits, meanwhile, Manuel Lezama Leguizamón will ... Read the full article
AIG completes minority stake acquisitions in Convex and Onex
9th February 2026
AIG, Onex Corporation and Convex have completed a sweeping deal that gives Onex a 63% controlling stake in the specialty insurer, AIG a roughly 35% minority stake and a 9.9% holding in Onex, and establishes a broader long-term strategic partnership including reinsurance and capital commitments. Pursuant to the previously announced ... Read the full article
GIC Re reports improved CoR as underwriting loss narrows by 37.6% in 9M’25
9th February 2026
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported a 3.58 percentage point improvement in its combined ratio (CoR) to 106.88% for the nine months ending December 31st, 2025 (9M’25), compared to 110.46% for 9M’24. The firm has reported a reduction of 37.58% in its underwriting ... Read the full article
Skyward Specialty launches specialised Power Generation insurance solution
9th February 2026
Skyward Specialty Insurance Group, Inc., part of Skyward Group, has launched its new specialised Power Generation insurance solution for small to mid-sized entities. This launch further diversifies and complements the company's existing portfolio, which broadens its offerings to address the changing demands of power producers and brokers throughout the US. Skyward Specialty’s ... Read the full article
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