Reinsurance News
SEADRIF delivers $2.28m in parametric payouts to Lao PDR & WFP as flood impacts grow
10th September 2026
As Lao People's Democratic Republic (PDR) flood impacts grow, the Southeast Asia Disaster Risk Insurance Facility (SEADRIF) has released an additional US$1,137,500 payout to the country’s government and the United Nations World Food Programme (WFP) under parametric policies. Disbursed within two business days of receiving updated impact data regarding escalating flooding ... Read the full article
Lloyd’s market delivers solid results for third successive year in 2025: AM Best
10th September 2026
The Lloyd’s market produced an excellent return on capital of above 20% for a third successive year in 2025, according to analysts at AM Best, with a profit before tax of GBP 10.6 billion and a return on capital of 22%, following a period of subdued overall earnings that were ... Read the full article
Antares Global appoints James Day as Property Treaty Underwriter, Reinsurance
10th September 2026
Antares Global, an international specialty insurance and reinsurance group, has announced the appointment of James Day as Property Treaty Underwriter - Reinsurance, further strengthening its reinsurance team. Joining the company from MS Amlin, Day brings two decades of industry experience, specialising in global and North American property treaty business, with expertise ... Read the full article
Mosaic launches AI Lab and Forward Deployed Engineer Programme
10th September 2026
Mosaic Insurance, a global specialty insurer, has announced the launch of an AI Lab and Forward Deployed Engineer (FDE) Programme, designed to accelerate practical artificial intelligence (AI) adoption across its business functions. Mosaic’s AI Lab is a new unit working across its businesses to develop and deploy in-house AI capabilities that ... Read the full article
Fitch expects strong growth in offshore life reinsurance to continue
10th September 2026
Fitch Ratings expects strong growth in offshore life reinsurance to continue, with Bermuda remaining the dominant primary jurisdiction. Offshore reserves ceded by U.S. life insurers have nearly doubled since 2020, amounting to $1.3 trillion in 2025. This growth reflects capital optimisation, strategic partnerships between insurers and alternative investment managers, sidecar creation and ... Read the full article
AXA XL names Rana Gillmon as Head of Private Equity Client Relations, Americas
10th September 2026
AXA XL, the property and casualty specialty risk division of AXA, has appointed Rana Gillmon to the newly created role of Head of Private Equity Client Relations, Americas. The role aims to provide dedicated support and advance the risk management needs of private equity clients. In her new role, Gillmon will ... Read the full article
BPL launches new surety business line
10th September 2026
BPL, an independent credit and political risk insurance broker, has launched BPL Surety, a new business line designed to support corporates and financial institutions seeking solutions for global guarantee requirements. Surety provides an alternative to traditional bank guarantees or standby letters of credit (SBLCs), with insurers providing guarantees on behalf of ... Read the full article
BHSI promotes Katharina Rütz to Head of Executive & Professional Lines in Germany
10th September 2026
Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, has announced the promotion of Katharina Rütz to Head of Executive & Professional Lines in Germany. Rütz will continue to be based in Cologne and work with Dr. Carsten Keune, Head of Executive & Professional Lines, DACH at BHSI. She ... Read the full article
RB Jones Global launches specialist underwriting MGA in the DIFC
10th September 2026
RB Jones Global has announced the launch of RB Jones DIFC in the Dubai International Financial Centre (DIFC), a new specialist MGA that expands its international underwriting offering and supports clients with tailored risk solutions. The MGA will offer underwriting solutions across property and construction, as well as renewables and power ... Read the full article
AM Best upgrades Singapore Re’s credit ratings
10th September 2026
Credit rating agency AM Best has upgraded Singapore Re’s Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed its Financial Strength Rating (FSR) of A (Excellent). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlook of the FSR is ... Read the full article
Industry loss estimate for Saskatchewan and Manitoba severe weather reaches CAD 923m: CatIQ
9th September 2026
CatIQ, the independent Toronto-based catastrophe insurance data provider and subsidiary of PERILS, has revised its industry loss estimate for the severe storm outbreak in Saskatchewan and Manitoba, Canada, to CAD 923 million. The updated figure, issued three months post-event, represents a notable increase from the initial 45-day assessment of CAD 850 ... Read the full article
Orion180 seeks to raise up to $340m in IPO
9th September 2026
Orion180 Insurance, a founder-led, technology-focused, high-growth, high-margin specialty insurance group, has launched the roadshow for its proposed US initial public offering, seeking to raise $300 million to $340 million in gross proceeds from the sale of 20 million Class A shares priced at $15 to $17 each. The Florida-based specialty insurer ... Read the full article
Domus PTA to support DARAG’s continued expansion across Nordic region
9th September 2026
Legacy acquirer DARAG Group has announced that it has entered into a portfolio transfer agreement (PTA) with Domus Forsikring A/S, for its entire change of ownership (Husejerskifte) and building damage (Byggeskade) portfolio in Denmark. Pending standard regulatory approvals, the transaction will allow Domus, a Danish property and casualty insurance company, to fully ... Read the full article
Oxbow Partners’ Sandilands says reinsurers must transition to ‘small big companies’
9th September 2026
Speaking to Reinsurance News at Rendez-Vous de Septembre in Monte Carlo 2026, Chris Sandilands, Partner at Oxbow Partners, the insurance and reinsurance-focused strategy consultancy, discussed the January renewals, the state of artificial intelligence adoption across the market, and what he believes separates reinsurers building lasting advantage from those simply riding ... Read the full article
Milken Institute & Marsh call for greater resilience investment as disaster losses top $200bn annually
9th September 2026
Global disaster losses have exceeded $200 billion annually over the past decade, with uninsured losses now accounting for more than half of the total, highlighting the need for new financing structures to mobilise private capital alongside governments and insurers, according to a report by the Milken Institute, produced in partnership ... Read the full article
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