Reinsurance News

Varley named WTW’s Global Proposition Leader for Commercial Lines Pricing and Underwriting

4th February 2026

WTW, a global advisory, broking and solutions company, has announced the appointment of Chris Varley as Global Proposition Leader for Commercial Lines Pricing and Underwriting within the company’s Insurance Consulting and Technology business. In his new role, based in London, Varley will lead the global strategy for commercial lines pricing and ... Read the full article

The Hanover posts record net income of $198.5m in Q4’25

4th February 2026

The Hanover Insurance Group, Inc., a property and casualty insurer, reported a record net income of $198.5 million in the fourth quarter of 2025, an 18.2% increase compared to $167.9 million in the same quarter a year prior. In the quarter, operating income stood at $210.1 million, an 8% increase compared ... Read the full article

Catherine Williamson joins Aon’s UK Insolvency and Restructuring team

4th February 2026

Global insurance and reinsurance broking group Aon has announced that its specialist UK Insolvency and Restructuring insurance and risk team, based in Birmingham, has appointed Catherine Williamson as Growth and Technical Director. In this newly created role, Williamson will focus on delivering insights and solutions to clients managing business restructuring and ... Read the full article

Munich Re names Till Böhmer as Head of Central Analytics

4th February 2026

Global reinsurer Munich Re has appointed Till Böhmer as Head of Central Analytics (Data, Analytics and AI Division). Böhmer will serve in this role in an interim capacity for the next nine months, leading the central analytics function. He will be responsible for driving analytics platforms as well as AI strategy, ... Read the full article

Chubb sees record P&C underwriting income of $6.53bn in 2025

4th February 2026

In its full-year 2025 results, Chubb reported record P&C underwriting income of $6.53 billion, an 11.6% increase over 2024, alongside a record-low combined ratio of 85.7%. Evan G. Greenberg, Chubb’s Chairman and CEO, hailed 2025 as a great year, highlighting strong contributions across the firm's operations. “Our consistent and enduring performance reflects ... Read the full article

RenRe’s underwriting income rises amid strong property performance in Q4’25

4th February 2026

Bermuda-based reinsurer RenaissanceRe (RenRe) generated underwriting income of $669 million for the fourth quarter of 2025 and underwriting income of $1.3 billion for the full year, with a strong performance across the firm's three drivers of profit. RenRe ended 2025 strongly with net income of $752 million for Q4'25, compared with ... Read the full article

AXIS expands Draper’s role to Head of AXIS Re, Haugh named Group COO

4th February 2026

Bermuda-based insurer and reinsurer AXIS Capital Holdings Limited has expanded Dan Draper’s role to include serving as the Head of AXIS Re and has appointed Ann Haugh to the newly created role of Group Chief Operations Officer (COO). The appointments are part of a planned succession and leadership development process. The ... Read the full article

Industry losses from Winter Storm Fern could reach $4bn: Verisk

4th February 2026

Verisk, a global data analytics and technology provider to the insurance industry, has estimated insured industry losses to property and auto from Winter Storm Fern to reach $4 billion, largely driven by freeze impacts, with supplemental losses from wind and snow. The early results from Verisk’s updated U.S. Winter Storm Model ... Read the full article

Zurich and Beazley reach agreement on key financial terms for possible acquisition

4th February 2026

Zurich has reached an agreement in principle with Beazley on the key financial terms of a potential recommended cash offer for all existing and to-be-issued ordinary shares of the specialist insurer. Readers may recall that on January 4, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley ... Read the full article

SCOR reports selective portfolio growth in ‘competitive’ Jan 1 pricing environment

4th February 2026

French reinsurer SCOR has disclosed its January 2026 Property & Casualty (P&C) reinsurance renewal results, reporting selective portfolio growth in a competitive pricing environment, with overall estimated gross premium income (EGPI) from traditional reinsurance rising 4.7% to €4.493 billion, complemented by an 80.5% increase in Alternative Solutions to €1.185 ... Read the full article

Sophie Wentges joins Willis Re’s Catastrophe Analytics team

4th February 2026

Sophie Wentges is joining Willis Re’s Catastrophe Analytics team, where she will support the London and Bermuda broking teams and will be based in London. Wentges has around 12 years of experience in specialty catastrophe modelling across broking and insurance. She began her career at Hiscox in London Market Property & Specialty ... Read the full article

India will inevitably require deeper & more sophisticated reinsurance support

4th February 2026

During a discussion at the third edition of the Global Reinsurance Summit 2026, industry leaders said that India's low insurance penetration, expanding infrastructure, growing catastrophe exposure, and rising demand for new solutions such as surety bonds, parametric covers, cyber and specialty risks, will inevitably require deeper and more sophisticated reinsurance ... Read the full article

Personal auto and property premiums in Canada rise YoY in Q4’25: Applied Systems

3rd February 2026

Applied Systems has released the Q4 2025 results of the Applied Commercial Index, the Canadian insurance industry’s premium rate index, showing that average premium rate change increased year over year for both Personal Auto and Personal Property lines. Quarter over quarter, average premiums for Personal Auto increased in all provinces, while ... Read the full article

Minesh Jani to serve as Gallagher Re’s India CEO

3rd February 2026

Global reinsurance broking and advisory firm Gallagher Re has appointed Minesh Jani as the Chief Executive Officer (CEO) of India, effective from June 2026. Jani is a reinsurance industry veteran with over three decades of experience. Most recently, he served as the Managing Director of Howden Insurance Brokers Limited at the ... Read the full article

Artificial Labs secures $45m Series B to fuel global growth

3rd February 2026

Artificial Labs, a provider of digital broking and underwriting technology for the specialty and commercial insurance markets, has successfully closed a $45 million Series B funding round. The capital injection marks a major milestone for Artificial as it continues to grow and expand its global market presence. “This round gives us the ... Read the full article