Reinsurance News
Willis Re welcomes Rikki Hornett to its leadership team
20th February 2026
Willis Re, a re/insurance advisory and broking firm and part of WTW, has announced the appointment of Rikki Hornett to its team, bringing more than 40 years of industry experience, including over 25 years working in the Bermuda market. During his time on the island, Hornett played a key role in ... Read the full article
Travelers to enhance customer experience with new Agentic AI Claim Assistant
20th February 2026
The Travelers Companies, Inc. has announced the launch of its AI Claim Assistant, a new solution developed using OpenAI model capabilities and APIs. Described as an industry-leading solution, this fully agentic intelligent voice service uses advanced language and speech recognition technologies to handle customer claim calls. This capability is initially being used ... Read the full article
Zurich’s Asia Pacific business posts gross premiums of $7.5bn and record BOP in 2025
20th February 2026
Zurich Insurance Group (Zurich) has reported its full-year 2025 performance in Asia Pacific, posting gross premiums of $7.5 billion and a record overall business operating profit (BOP) of $633 million, up 8% year over year. The global multi-line insurer said the results reflect strong performance in its Life business alongside continued ... Read the full article
Newly launched Pinion hires Fortegra’s Kyle Selvig as US CUO
19th February 2026
Pinion Insurance, a newly formed specialty insurance carrier, has announced the appointment of Kyle Selvig as US Chief Underwriting Officer (CUO), effective immediately. In this commercial role, Selvig will be responsible for building Pinion’s US Managing General Agent (MGA) network, leveraging the company’s proprietary technology to provide distribution partners with in-depth ... Read the full article
Lemonade reports 28% net loss improvement and 53% revenue growth for Q4’25
19th February 2026
Lemonade, an AI-powered digital insurance company, has announced its fourth quarter of 2025 financial results, reporting a net loss of $21.7 million, a 28% improvement compared to the $30.0 million loss seen in the same period last year. Highlighting a period of significant growth and narrowing losses, Lemonade also reported a ... Read the full article
SageSure and SURE close record-breaking $670m cat bond
19th February 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and SureChoice Underwriters Reciprocal Exchange (SURE), a member-owned reciprocal exchange, have successfully closed the Gateway Re Ltd. Series 2026-1 catastrophe bond. The transaction closed at an original principal amount of $670 million, marking the franchise’s largest issuance ... Read the full article
Allstate estimates $175m January 2026 winter storm losses
19th February 2026
The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily attributed to Winter Storm Fern. This compares with substantially higher catastrophe losses in January 2025, when the company reported $1.08 billion, or ... Read the full article
Donegal Group’s net income climbs 56% as CoR improves in 2025
19th February 2026
Donegal Group Inc., a US insurance holding company, has reported a net income of $79.3 million for full year 2025, up 56% compared to $50.9 million in 2024, alongside an improved combined ratio of 95.4% versus 98.6%. For the year, net premiums earned totalled $921.2 million, down 1.7% from $936.7 million ... Read the full article
Markel expands cybersecurity support for policyholders through Upfort partnership
19th February 2026
Markel, the insurance division of Markel Group Inc., has announced a new partnership with Upfort aimed at strengthening cybersecurity resources for eligible US cyber insurance policyholders. Through this collaboration, policyholders can now access Upfort Shield, a multi-layer cyber defence platform that delivers AI-driven, automated protection against common cyber threats. In addition, eligible ... Read the full article
Neptune’s total revenues grew 39% to $43.8m in Q4’25
19th February 2026
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has reported total revenues of $43.8 million for the fourth quarter of 2025, a 39% increase compared to $31.5 million in the same period a year earlier. In Q4’25, written premium amounted to $100.3 million, a 41% increase compared to ... Read the full article
London Market brokers favour technologically forward insurers: Guidewire
19th February 2026
Nearly four in five (78%) London Market brokers say that how insurers harness new digital technology to enhance efficiency plays a highly significant role in where they place risk, according to research from Guidewire. Guidewire’s research is based on a survey of more than 250 insurance brokers who primarily work with ... Read the full article
Augment Risk adds weather and parametric risk capabilities to its LatAm platform
19th February 2026
Augment Risk, a risk capital and reinsurance solutions broker, has expanded the capabilities of its Latin American (LatAm) platform to include specialist weather parametric and structured weather risk transfer capabilities. The broker explained that this expansion aligns with its capital first philosophy, structuring risk solutions around clients’ financial and liquidity needs, ... Read the full article
Storm Nils insured losses could exceed €3bn: Morningstar DBRS
19th February 2026
Following the widespread destruction caused by Storm Nils across southwestern France, Morningstar DBRS has estimated that total insured losses could surpass €3 billion. In a new report, the firm said that in recent days, Storm Nils has unleashed heavy rainfall, powerful winds, and severe flooding, resulting in at least two fatalities ... Read the full article
Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy
19th February 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior underwriter appointments in Milan to manage the new divisions, expand LSM’s offering in Italy ... Read the full article
SiriusPoint posts $444m net income as 2025 underwriting profit soars
19th February 2026
SiriusPoint has reported net income available to common shareholders for the full year 2025 of $444 million, while consolidated underwriting income for the year expanded to $302.8 million from $276.4 million in 2024. The firm explained that the improvement in underwriting income was mainly driven by premium growth and a stronger ... Read the full article
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