Reinsurance News
Goosehead’s total revenue hits $90.4m in Q3’25
27th October 2025
Goosehead Insurance, an independent personal lines insurance agency, reported a total revenue increase of 16% to $90.4 million for the third quarter of 2025, with a 15% increase in total written premiums to $1.2 billion. Core Revenues, a non-GAAP measure that excludes contingent commissions, initial franchise fees, interest income, and other ... Read the full article
US composite insurance rate declines 1%: Marsh
27th October 2025
The US composite rate has declined by 1% in the third quarter of 2025 after remaining flat in the prior quarter, according to Marsh’s Global Insurance Market Index. This overall drop was largely driven by US property insurance rates, which declined by 9%, the same as in the prior quarter. Several factors ... Read the full article
Majesco launches MGA Model Office for P&C CoreConnect
27th October 2025
Majesco, a provider of cloud-based insurance software, has announced the launch of a new managing general agent (MGA) Model Office for P&C CoreConnect. This new model office is described as an innovative, fully pre-configured MGA system that is production-ready, available on demand, and packed with third-party integrations and pre-built lines of ... Read the full article
Japan’s non-life insurance market strengthens through reforms and reinsurance adjustments: Gallagher Re
27th October 2025
Gallagher Re, the reinsurance broker and risk advisory firm, provides new insights into Japan’s non-life insurance sector in its latest Asia Pacific Market Watch Report. The report shows that Japan, a global top-ten market by non-life premiums and one of the largest in the Asia-Pacific region, continues to progress through structural ... Read the full article
Mozambique receives $2m parametric payout for drought protection from ARC
27th October 2025
Mozambique has received a $2 million parametric insurance payout for drought protection covering the 2025–2026 agricultural season, marking the country’s third consecutive year of coverage under the African Development Bank’s disaster risk financing programme. The payout was announced during the 2025 Climate and Disaster Risk Financing Forum (CDRFI), held from October ... Read the full article
L&G completes £4.6 billion buy-in with two Ford pension schemes
27th October 2025
UK insurer Legal and General Assurance Society Limited (L&G) has completed two buy-ins totalling £4.6 billion with pension schemes sponsored by Ford Motor Company Limited, the Ford Hourly Paid Contributory Pension Fund and the Ford Salaried Contributory Pension Fund. The two buy-ins were completed as part of a single combined transaction, ... Read the full article
Prudent reserving gives large global reinsurers flexibility to smooth earnings: Fitch
27th October 2025
Fitch Ratings’ latest analysis of a leading global reinsurer peer group, including Hannover Re, Lloyd’s, Munich Re, PartnerRe, SCOR, and Swiss Re, found that their reserving remains prudent, offering scope to manage and smooth earnings across the medium term. In its peer credit analysis, Fitch said that sustained underwriting results and ... Read the full article
Andrew Aldwinckle joins Liberty Mutual Re as International Casualty CUO
27th October 2025
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has appointed Andrew Aldwinckle as International Casualty Chief Underwriting Officer (CUO), effective 1 February 2026. In the new role, Aldwinckle will be based in London and oversee LM Re’s international casualty portfolio, which underwrites from offices in the UK, Europe, ... Read the full article
Syndicate Research assigns Continuity Opinions to several Lloyd’s syndicates
27th October 2025
Syndicate Research Limited (SRL) has announced that it has assigned its Continuity Opinions (SCOs) to a group of major Lloyd’s syndicates. SRL’s Continuity Opinions are forward-looking assessments of an individual Lloyd's syndicate's relative potential continuity prospects for policyholders over the insurance cycle, taking into account factors like cross-cycle returns on capital ... Read the full article
Apollo licenses Moody’s HD catastrophe models to strengthen risk understanding
27th October 2025
Apollo, the specialist Lloyd’s re/insurance group, has licensed six of Moody’s high-definition catastrophe models to strengthen its understanding of risk across multiple global perils. Delivered via the cloud-native Moody’s Intelligent Risk Platform™, the models will support Apollo’s data-driven underwriting and portfolio management strategies through advanced analytics and high-resolution hazard data. The HD ... Read the full article
Allianz Commercial announces new Board structure to drive global growth
27th October 2025
Allianz Commercial, part of global insurer Allianz, has announced a new Board structure and appointments aimed at accelerating growth in its target markets and further strengthening market-facing activities for clients and brokers, effective 1st January 2026. Jeremy Sharpe, currently Global Head of Distribution at Allianz Commercial, joins the Board of Allianz ... Read the full article
Post years of hardening, capacity is returning to APAC reinsurance market: Gallagher Re
27th October 2025
Post years of hardening, capacity is returning to the Asia Pacific (APAC) reinsurance market, says reinsurance broker Gallagher Re in a new Asia Pacific Market Watch report, which dubs this a 'turning point' for the region. This return of capacity could help with insurers' financial pressure in some markets, according to ... Read the full article
Triple-I calls for mitigation measures amid misconceptions about risk-based insurance pricing
24th October 2025
The Insurance Information Institute’s (Triple-I) recent Issues Brief highlighted misconceptions of risk-based pricing in property/casualty insurance, which some perceive as unfair, and recommended solutions, including modernising building codes and proactive mitigation measures. Risk-based pricing means offering different prices for the same level of coverage based on risk factors specific to the ... Read the full article
Addresscloud and Artificial partner to deliver ‘hyper-accurate’ US property risk data
24th October 2025
Addresscloud, a UK geocoding and property intelligence expert, and Artificial, a London-based algorithmic underwriting and placement company, have partnered to enhance property intelligence and risk insights. The partnership will integrate Addresscloud’s rich, address-level property enrichment directly into Artificial’s platform. This integration will equip underwriters and brokers with access to more granular data, ... Read the full article
McGill & Partners works with Google Earth AI for faster disaster response
24th October 2025
Insurance and reinsurance broker McGill & Partners is leveraging Google's cutting-edge AI and massive Earth observation data capabilities to enhance how they understand, model, and price global risks, particularly those related to climate and natural catastrophes. The broker is collaborating with Bellwether, a group of geospatial experts from X, Alphabet’s Moonshot ... Read the full article
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