Reinsurance News
Compre enters into £250m ADC transaction with European reinsurer
23rd March 2026
International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of approximately £250 million. The portfolio includes motor, engineering, and liability business, spanning assumed reinsurance underwriting years from 2018 to 2024. This ... Read the full article
Berkshire Hathaway’s NICO to acquire 2.5% stake in Tokio Marine
23rd March 2026
Berkshire Hathaway has entered into a comprehensive strategic partnership with Tokio Marine Holdings, Inc. (TMHD), under which its reinsurance business, National Indemnity Company (NICO), will acquire a 2.5% stake in the Japanese insurer. The new deal reportedly comprises the following three key elements: strategic equity investment in TMHD, collaboration in reinsurance, ... Read the full article
PartnerRe posts rise in net income to $2.1bn for FY’25
23rd March 2026
Bermuda-based reinsurer PartnerRe has reported net income of $2.10 billion for the full year of 2025 (FY’25), a distinct hike from $1.44 billion in FY’24, as the non-life segment reported an underwriting profit of $364 million, while life and health’s net allocated underwriting profit was $184 million. The reinsurer’s overall gross ... Read the full article
US life insurance premiums hit record $17.5bn in 2025: LIMRA
23rd March 2026
LIMRA, the research and consulting organisation supporting the insurance and financial services sector, reported that US individual life insurance new annualised premium climbed past $17.5 billion in 2025, establishing a new industry high. According to LIMRA’s individual life insurance sales survey, total new premium increased 10% compared with the previous year, ... Read the full article
QBE expands transactional liability in Asia with Reuben Lee appointment
23rd March 2026
Global insurer QBE has announced the appointment of Reuben Lee as Transactional Liability Lead for Asia, effective 19th March 2026. In this newly created role, Lee will provide strategic direction for underwriting the portfolio in Asia, focusing on growth and risk management in the merger and acquisition (M&A) insurance space. Based in ... Read the full article
IGI adds former Guy Carpenter MD Thomas A. Collett to its Board
23rd March 2026
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has appointed Thomas A. Collett to its Board of Directors and to its Compensation Committee, effective March 19th, 2026. Additionally, David D. Anthony, who has served as a Director of the Board, Chair of its Compensation Committee and a ... Read the full article
Intelligent AI partners with Guidewire to integrate high-resolution property risk and rebuilt data
20th March 2026
Insurtech Intelligent AI has partnered with Guidewire, a property and casualty insurance platform, to bring high-resolution property risk data directly to insurers. The partnership will also enable insurers to rebuild cost data directly within Guidewire InsuranceSuite workflows. Intelligent AI, originally launched through Lloyd’s Lab and recognised as Guidewire Insurtech Vanguard, provides “best-in-class” ... Read the full article
Chubb reveals structure of DFC’s $20bn Gulf Maritime Insurance Facility
20th March 2026
Global property and casualty insurer Chubb, who was recently announced as the lead underwriter for the U.S. International Development Finance Corporation's (DFC) $20 billion Gulf maritime reinsurance plan, has now outlined the structure and scope of the facility. The DFC and the U.S. Treasury unveiled the plan to deploy maritime ... Read the full article
Balavant launches Hudson backed Sentric Specialty
20th March 2026
Balavant Insurance Group, a provider of specialty insurance solutions, has launched Sentric Specialty, a new program manager (PA) built on its platform to deliver specialty solutions for risks across manufacturing, crisis management, and professional liability. According to the insurer, this launch includes an inaugural coverage for product recall, including manufacturers errors ... Read the full article
Cameron Glover joins Tokio Marine Kiln Aviation team
20th March 2026
Specialist insurer Tokio Marine Kiln (TMK) has further expanded its Aerospace division with the appointment of Cameron Glover as an Underwriter in its Aviation department. In his new role, Glover will focus on writing Airport and Product liability risks. He joins TMK from American International Group (AIG), where he most recently ... Read the full article
Reinsurance pools, retro underpin terrorism risk resilience in a complex threat landscape: Guy Carpenter’s Gallagher
20th March 2026
Tony Gallagher, Regional CEO for Asia Pacific at Guy Carpenter, the global reinsurance broking business and part of Marsh, has set out a detailed case for the central role of reinsurance, retrocession and terrorism pools in supporting market capacity amid a rapidly shifting threat landscape. Speaking at the global forum for ... Read the full article
CRC Group expands Insurisk platform to support growing data centre insurance demands
20th March 2026
CRC Group, an independent wholesale specialty insurance distributor, has announced enhancements to its exclusive Insurisk platform aimed at meeting the increasing insurance demands of the global data centre industry. The company stated that the platform’s underwriting capabilities have been strengthened in response to rising investment, larger-scale developments, and growing operational complexity ... Read the full article
Tesla’s FSD insurance could pose competitive risk to Lemonade: Jefferies
20th March 2026
Tesla Insurance’s Full Self-Driving (FSD) pricing poses a potential competitive risk to Lemonade’s auto insurance ambitions as its model scales, with pricing based on how the car performs in FSD through its Safety Score, potentially offering better rates, according to analysts at Jefferies. Recent filings show Tesla has eliminated standalone discounts ... Read the full article
Marsh reports reversal in transactional risk insurance pricing amid surge in global M&A activity
20th March 2026
Marsh, a global firm specialising in risk, insurance, and consulting services, reports that the transactional risk insurance market experienced a notable change in 2025, with pricing increasing after several years of decline. Marsh states that primary representations and warranties (R&W) insurance rates rose across most regions during the year, reversing a ... Read the full article
MGT appoints Garrett Koehn as Senior Advisor
20th March 2026
MGT, a vertically AI-native neo-insurer, has announced the appointment of Garrett Koehn as Senior Advisor. In his new role, Koehn will focus on driving strategic distribution expansion and high-ROI AI use cases across the US insurance market. He brings over three decades of experience in complex commercial insurance, beginning his career at ... Read the full article
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