Reinsurance News

Relative benchmarking and predictive AI can reveal true outperformers in Lloyd’s market, says ICMR

1st September 2025

Insurance Capital Markets Research (ICMR), an independent analytics and research firm founded by former leaders of Lloyd’s internal research and performance team, has released new findings showing how relative benchmarking, enhanced by predictive AI, can transform the way underwriting performance is assessed in the Lloyd’s market. Working with syndicates, managing agents ... Read the full article

Northern Re launches structured reinsurance solutions portfolio

1st September 2025

Northern Re, a reinsurance firm focused on long-tail casualty business, has announced the launch of its structured solutions product suite and enhanced whole account quota share capabilities. The products have been created to address complex cedent needs - those seeking capital relief, earnings stability, and multi-year continuity - beyond traditional quota ... Read the full article

Starr appoints Hassan El Kaissi as SEO & Regional President, Middle East

1st September 2025

Starr Insurance, a provider of commercial property and casualty insurance, has announced the appointment of Hassan El Kaissi as Senior Executive Officer (SEO) & Regional President, Middle East. Based in Dubai, El Kaissi will oversee all lines of business Starr writes across the Middle East. His focus will be on expanding ... Read the full article

Mun named Director, Client Management at Aon Reinsurance Malaysia

29th August 2025

Lin Mun, an executive with over 21 years of extensive experience in the insurance and reinsurance industry, has been appointed as Director, Client Management of Aon Reinsurance Malaysia. With a deep understanding of the market and client needs, Mun will use her expertise, strong professional network and valuable industry insight to ... Read the full article

Healthy underwriting results & robust investment income support Asian reinsurers’ earnings: AM Best

29th August 2025

Asian reinsurers are actively expanding to mature overseas markets to diversify their portfolios and improve cycle management, a move seen by credit rating agency AM Best as credit positive. According to a recent AM Best report, many reinsurers in Singapore and across South and Southeast Asia reported strong earnings in 2024, ... Read the full article

ACORD launches NGDS Object Model to streamline digital data exchange

29th August 2025

ACORD, the global standards-setting body for the insurance industry, has announced the launch of the Next-Generation Digital Standards (NGDS) Object Model, designed to streamline digital data exchange across the insurance industry. The NGDS Object Model enables smoother, more accurate, and more secure data exchange. It bridges the gap between distinct business ... Read the full article

Ryan Specialty Underwriting Managers names Ferguson CEO of US Assure

29th August 2025

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the appointment of Alan Ferguson as Chief Executive Officer of US Assure, effective September 1, 2025. Ferguson, who will continue to serve as President while assuming the CEO, will succeed Ty Petway, who is retiring after more ... Read the full article

kWh Analytics adds new $20m capacity layer to nat cat solution for renewable energy industry

29th August 2025

kWh Analytics, a climate insurer and risk manager for renewable energy projects, through its licensed insurance entity, Solar Energy Insurance Services, Inc., has expanded its portfolio with a new Excess Natural Catastrophe coverage to protect the renewable energy market from severe convective storms. The Excess Natural Catastrophe layer will provide up ... Read the full article

NA P&C re/insurers post strong operating results despite catastrophes: Fitch

29th August 2025

Fitch Ratings’ review of GAAP financial results for 41 North American (NA) re/insurers showed strong operating returns, strong underwriting results, and higher investment income in the first half of 2025, despite elevated catastrophe activity. Fitch reported that the overall operating return on common equity declined modestly year over year to 8.9% ... Read the full article

China Re’s net profit rises 11.4% to RMB 6.6bn in H1’25

29th August 2025

China Reinsurance (Group) Corporation (China Re) released its unaudited results for the first half of 2025, reporting a net profit of RMB 6,599 million, up 11.4% from RMB 5,922 million in the same period a year earlier. The Group achieved gross written premiums of RMB 103,835 million in H1’25, representing a ... Read the full article

AXA and WTW launch parametric programme to protect Caribbean’s second-largest coral reef

29th August 2025

AXA COLPATRIA, AXA Climate, Fondo Acción, and WTW Alternative Risk Transfer, have jointly designed a parametric insurance programme to protect coral reefs in the Colombian Archipelago of San Andrés, Providencia and Santa Catalina. In this effort, the coalition of partners is being supported by the Ocean Risk and Resilience Action Alliance ... Read the full article

Allianz Trade appoints Tetsushi Kitano as Country Manager for Thailand

29th August 2025

Allianz Trade, a provider of trade credit insurance and part of the Allianz Group, has appointed company veteran, Tetsushi Kitano as Country Manager for Thailand, effective September 1st, 2025. The appointment aligns with Allianz Trade's strategy for Asia Pacific. Kitano, in his new role, will lead the local team after spending ... Read the full article

Ledgebrook Re launches under the leadership of market veterans

29th August 2025

Ledgebrook Inc., a technology-focused provider in the Excess and Surplus Lines insurance sector, has launched Ledgebrook Re, a boutique reinsurance brokerage and advisory firm dedicated to supporting the next generation of insurance innovators. Ledgebrook Re is established as a managing general agent (MGA) and brings a foundation of deep underwriting expertise, ... Read the full article

Mitsui Sumitomo Insurance launches parametric weather insurance product

29th August 2025

Mitsui Sumitomo Insurance, a subsidiary of MS&AD Insurance Group Holdings, has announced the launch of its new parametric insurance product, "Weather Insurance Index", a new offering designed to help insurers manage financial losses caused by severe or unusual weather. As a parametric solution, this new product has been designed to pay ... Read the full article

S&P upgrades Ascot Group to BBB+ and assigns ‘A’ to Ascot Bermuda

29th August 2025

S&P Global Ratings has upgraded Ascot Group Limited, a Bermuda-based specialty re/insurance company, raising its long-term issuer credit rating to BBB+ from BBB. At the same time, S&P assigned an A long-term financial strength rating to Ascot’s main operating entity, Ascot Bermuda Limited. The outlook for both ratings is stable. According to ... Read the full article