Reinsurance News
Mitsubishi Electric completes sale of insurance subsidiary to Marsh Japan
4th November 2025
Mitsubishi Electric Corporation has announced the completion of the sale of all shares in its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. Mitsubishi Electric Insurance Service was established in 1999 as an insurance agency for the Mitsubishi Electric Group. Since then, it has supported the ... Read the full article
ASIC eyes London-sourced U.S. specialty reinsurance opportunities ahead of Jan 1
4th November 2025
Dallas-based E&S carrier AM Specialty Insurance Company (ASIC) is reportedly seeking London-sourced, U.S.-domiciled specialty reinsurance opportunities in the run-up to the January 1, 2026, renewal season. According to ASIC, since its launch three years ago, the firm has built a “meaningful presence” in this segment. Assumed business reportedly accounts for the ... Read the full article
Aon reports competitive conditions in global insurance market amid underlying risks
4th November 2025
Global professional services firm Aon has released its Q3 2025 Global Insurance Market Insights report, which outlines one of the most competitive insurance markets seen in recent years. According to Aon, buyers across many regions are benefiting from ample capacity, broader coverage, and double-digit rate reductions across a range of insurance ... Read the full article
YTD legacy deals hit 26 with $1.36bn of gross liabilities transferred: PwC
4th November 2025
According to a new PwC report, three legacy transactions were publicly disclosed in Q3 2025, bringing the year-to-date total to 26 deals with a combined £1.36 billion in gross liabilities transferred. "Consistent with much of the activity observed so far this year, Q3’s transactions were smaller in scale and primarily driven ... Read the full article
Greenlight Re posts record-low CoR in Q3’25, though investment portfolio falters
4th November 2025
Greenlight Capital Re has reported Q3 2025 net underwriting income of $22.3 million, up sharply from $6.1 million a year earlier, as the combined ratio improved to a record low of 86.6%. Meanwhile, the firm's gross premiums written in Q3 2025 rose 9.5% to $184.4 million, and net premiums earned increased ... Read the full article
Stephen Postlewhite named CUO of Conduit Re
4th November 2025
Conduit Holdings Limited, the ultimate parent company of Bermuda-based reinsurer Conduit Re, has appointed Stephen Postlewhite as Chief Underwriting Officer (CUO), effective January 26th, 2026, subject to Bermuda immigration approval. In his new role, Postlewhite will lead the reinsurer's underwriting strategy and oversee portfolio performance across Property, Casualty and Specialty segments ... Read the full article
FASE launches to support Europe’s managing general agents
4th November 2025
The Fédération des Agences de Souscription Européennes (FASE) has been recently launched as a pan-European association representing managing general agents (MGAs). Its mission is to connect MGAs with insurance capacity providers, brokers, investors, and service providers, while sharing best practices and providing a unified voice for independent operators across the sector. FASE ... Read the full article
LIRG(TM) selects insurtech MANiT Labs to power global reinsurance platform
4th November 2025
Algorithmic Insurance Services, Inc. (LIRG) has selected insurtech MANiT Labs to serve as the core technology platform for its reinsurance brokerage operations. The partnership is a significant step in LIRG’s mission to become a global leader in reinsurance broking and consulting. By integrating MNiT Labs’ advanced platform, LIRG aims to blend its ... Read the full article
Luna Bonifacio named Senior Claims Adjuster in Dubai for Markel Insurance
4th November 2025
Markel Insurance, the insurance division of Markel Group Inc., has appointed Luna Bonifacio as Senior Claims Adjuster, its first claims role based in Dubai, effective immediately. In the new role, Bonifacio joins the Asia Claims team and will oversee claims from the Middle East and North Africa (MENA), with a focus ... Read the full article
Arch Global Services India to drive innovation with new Trivandrum office
4th November 2025
Arch Global Services India, a wholly owned subsidiary of Arch Capital Group Ltd. has announced the opening of a new office in Trivandrum’s Technopark. Located in the Niagara building, the new offices are designed to encourage creativity and innovation, featuring cutting-edge workspaces, collaborative areas to boost creativity, innovation, engagement, teamwork, and ... Read the full article
Fiducia adds McFarlane as new development underwriter
4th November 2025
Fiducia, a Leeds-domiciled specialty insurance managing general agent (MGA), has appointed Graeme McFarlane as a new development underwriter to support brokers across Scotland and the north east of England. In his new role, Graeme will develop Fiducia’s marine cargo and freight liability products across Scotland and the north east of England, ... Read the full article
Property re/insurance continues to soften as casualty faces persistent uncertainty: The Baldwin Group
3rd November 2025
The commercial property insurance market is experiencing continued softening, while casualty lines face broad uncertainty, The Baldwin Group’s recent Q3 2025 Market Pulse report has revealed. The report points at renewed competition, improving capacity, and more flexible structures for well-differentiated risks as key drivers for property market softening. At the same time, ... Read the full article
Acies MGU launches Lloyd’s-backed underwriting agency, Subscribe MGA
3rd November 2025
Acies MGU, a technology and data-driven Managing General Underwriter (MGU), has announced the launch of Subscribe MGA (Subscribe), its latest underwriting agency. Subscribe is a Lloyd’s-backed MGA specialising in financial lines insurance, including Professional Indemnity, Management Liability, and Directors and Officers (D&O) coverage. It will serve both UK and international markets, ... Read the full article
Iprism names Adrian Saunders Non-Exec Chairman
3rd November 2025
Iprism, one of the UK’s largest independently-owned MGAs specialising in Construction, Property and Private Clients, has announced the appointment of Adrian Saunders as Non-Executive Chairman. Saunders first joined the Iprism board in April 2024 as a Non-Executive Director, providing the company with his expertise and guidance as it maintains its strong ... Read the full article
CyberCube expands Asia presence with Lacson & Lacson partnership in the Philippines
3rd November 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has expanded its presence in Asia through a new partnership in the Philippines. The company has signed an agreement with Lacson & Lacson Insurance Brokers, Inc., an independent brokerage, to use its Broking Manager platform. With Broking Manager, Lacson & Lacson ... Read the full article
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