Reinsurance News
Bold Penguin partners with Adaptive for parametric insurance coverage
11th December 2025
Bold Penguin, a digital solutions provider for commercial insurance, has partnered with Adaptive Insurance, a pioneer in AI-driven coverage. The collaboration brings Adaptive’s GridProtect parametric power outage coverage to the Bold Penguin platform, marking the first time a parametric insurance carrier has been integrated into the company’s digital exchange. This partnership will ... Read the full article
IUA establishes Chief Underwriting Officers Council for London company market
11th December 2025
The International Underwriting Association (IUA), which represents London Market insurers and reinsurers, has established a new Chief Underwriting Officers Council for the London company market. The newly established group will offer leadership and guidance for all of the IUA’s work supporting the underwriting operations of its members. It will also offer ... Read the full article
Zurich broadens Builders Risk coverage with new data centre solution
11th December 2025
Zurich North America, the commercial property and casualty insurer, has announced the launch of Data Center Project Guard, a new offering that both broadens and customises Zurich's Builders Risk coverage. This product, described as a first-of-its-kind, aims to address coverage gaps and unique loss drivers for data centers, a segment experiencing ... Read the full article
AXIS appoints Douglas Yates as US Healthcare Reinsurance Underwriting Lead
11th December 2025
AXIS Capital, a provider of specialty insurance and reinsurance solutions, has announced the appointment of Douglas Yates to its Accident & Health (A&H) team as US Healthcare Reinsurance Underwriting Lead. Yates brings almost two decades of experience in healthcare reinsurance, joining AXIS from Reinsurance Group of America (RGA), where he most ... Read the full article
First Connect surpasses $500 Million in GWP
11th December 2025
First Connect Insurance Services, a digital platform for independent agents to provide access to top carriers, has surpassed $500 million in gross written premium (GWP) in 2025. This significant milestone comes one year after Centana Growth Partners acquired a majority stake in the company, underscoring a year of meaningful expansion, product ... Read the full article
Continental Re relocates Group Holding Company to Botswana
11th December 2025
Continental Reinsurance Holdings, an African reinsurance group with a presence across more than 50 countries, has officially moved its Group Holding Company from Mauritius to the Republic of Botswana. The move comes after fulfilling all regulatory, statutory, and logistical obligations and marks an important milestone in the Group’s expansion plans, emphasising ... Read the full article
Fitch flags Mexico as 2026 outlier in otherwise steady LATAM insurance landscape
10th December 2025
Fitch Ratings, the credit rating agency, presents a broadly steady view of Latin America’s insurance sector for 2026, with most markets falling under a 'neutral' outlook, reflecting Fitch’s expectation of stable performance across the region. Mexico stands as the notable exception, with Fitch assigning a 'deteriorating' view due to tax reforms ... Read the full article
Sompo Hong Kong enhances underwriting team, Ophelia named Head of Property & Construction
10th December 2025
Sompo Hong Kong, part of Sompo International Holdings Ltd., has appointed Szeto Ophelia as Head of Property & Construction and Jessica Lai as Head of Mid-Corp & SME, enhancing its underwriting structure, effective January 1st, 2026. The appointments are part of Sompo Hong Kong’s ongoing commitment to deliver exceptional service and ... Read the full article
Munich Re targets €6.3bn profit in 2026 and ROE above 18% by end of 2030
10th December 2025
Munich Re, one of the world's leading reinsurance companies, expects its return on equity (ROE) to land above 18% and earnings per share to grow annually by over 8% on average by the end of 2030, with the Group pursuing and IFRS net profit of €6.3 billion in 2026. Today, Munich ... Read the full article
Swiss Re and RIQ partner to accelerate AI-enabled risk solutions in UAE
10th December 2025
Swiss Re and Reinsurance Intelligence Quotient (RIQ) have signed a Memorandum of Understanding (MoU) to develop and scale innovative capacity solutions, risk origination opportunities and AI-enabled capabilities across the UAE. RIQ, headquartered in the Abu Dhabi Global Market (ADGM), was launched in June 2025 by global investment company IHC, in ... Read the full article
Acrisure to acquire underwriting MGA Vave from Canopius
10th December 2025
Acrisure has agreed to acquire Vave, a tech-first underwriting Managing General Agent, from international specialty and P&C re/insurer Canopius Group. Vave, which uses data-driven, precision underwriting to deliver instantly bindable quotes on U.S. catastrophe-exposed E&S property risks, with real-time binding and servicing via API, will continue operating under its own brand. Its ... Read the full article
Verisk and KYND expand collaboration to strengthen cyber resilience
10th December 2025
Verisk, a global data analytics and technology provider to the global insurance industry, has expanded its strategic collaboration with KYND, a provider of cyber risk management services, to bring enhanced cyber risk intelligence to the insurance market. According to research from KYND, 80% of the UK’s top 50 retailers are exposed ... Read the full article
Howden appoints industry veteran Strickland to lead new Space insurance practice
10th December 2025
Insurance intermediary group Howden has announced Clive Strickland has joined the company to establish and lead its new dedicated Space insurance practice. An industry veteran with over 25 years of experience in the sector, Strickland has a proven track record of success in establishing and growing space teams in his previous ... Read the full article
Cyber insurance predicted to become mandatory as digital threat landscape grows: Kennedys
10th December 2025
As the digital threat landscape becomes more volatile and unsettling, cyber insurance is predicted to become a mandatory requirement for doing business, driven by pressure from large corporate clients, according to market predictions by Tom Pelham, Global Head of Cyber and Data, and Arran Roberts, Partner at Kennedys. In a ... Read the full article
Abu Dhabi Investment Office and PFI collaborate to advance reinsurance capacity
10th December 2025
The Abu Dhabi Investment Office (ADIO) and Prudential Financial Inc (PFI) have signed a strategic collaboration to expand Abu Dhabi’s reinsurance capacity, as well as long-term investment, retirement savings, and income. PFI has joined Abu Dhabi’s Fintech, Insurance, Digital and Alternative Assets (FIDA) cluster, a strategic initiative led by the Abu ... Read the full article
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