Reinsurance News
Re/insurance key to meeting Southeast Asia’s growing protection needs
4th November 2025
In a keynote address at the 21st Singapore International Reinsurance Conference (SIRC), Chia Der Jiun, Managing Director, Monetary Authority of Singapore, highlighted Southeast Asia’s resilient growth amid global uncertainty, as re/insurers increasingly expand their headquarters and operations in the region. Chia Der Jiun commented, "As the year draws near to a ... Read the full article
Corebridge Financial reports $144m net income in Q3’25
4th November 2025
Corebridge Financial, an American multinational financial services company, has announced its financial results for the third quarter of 2025, reporting net income of $144 million, which compares to a loss of $1.2 billion in the same period last year. The company attributed this result to a number of factors, including lower ... Read the full article
James River posts underwriting income of $8.9m and improved CoR in Q3’25
4th November 2025
James River Group Holdings, Ltd., a Bermuda-domiciled insurance holding company, reported underwriting income of $8.9 million in the third quarter of 2025, compared to a loss of $56.8 million in the same period last year, with its combined ratio improving to 94.0% from 135.5%. The Q3’25 combined ratio consisted of a ... Read the full article
Westfield Specialty International appoints Baldwin as President
4th November 2025
Westfield Specialty International, a specialty insurance provider, has announced the appointment of Anthony Baldwin as President, Specialty International, subject to regulatory approval. In his new role, the executive will be responsible for all Westfield Specialty business outside the United States. Based in London, Baldwin will report to Jack Kuhn, Global President, Westfield ... Read the full article
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
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