Reinsurance News
Re/insurance industry enters tighter economic regime from position of strength: Swiss Re
19th November 2025
High interest rates, ageing demographics and the return of industrial policy are reshaping the global economy, yet the Swiss Re Institute’s latest sigma report has suggested that the insurance sector enters this tighter regime from a position of strength, supported by strong capital buffers, elevated investment yields and resilient profitability. According ... Read the full article
Lloyd’s approves OAK Global’s Syndicate 1440 for underwriting
19th November 2025
OAK Global, an independent reinsurance group that provides risk solutions and underwriting capacity to clients worldwide, announced that Lloyd’s has granted approval for underwriting to begin through Syndicate 1440. The syndicate will operate within OAK Enterprise, a new strategic business unit that will offer property and specialty retrocession capacity for business ... Read the full article
MS Amlin’s H1’25 profit falls to £47m amid a more challenging loss environment
19th November 2025
Global re/insurer MS Amlin Underwriting Limited, part of insurance group MS&AD, saw its combined ratio deteriorate by 10 percentage points to 94.5% for the first half financial reporting period to June 30th, 2025, as the impact of the California wildfires in January contributed to a more challenging loss environment. MS Amlin's ... Read the full article
Tower launches parametric Rainfall Response Cover in Fiji
19th November 2025
Auckland, New Zealand–headquartered Tower Insurance has officially launched Rainfall Response Cover in Fiji, its second parametric insurance product, via CelsiusPro’s award-winning White Label Platform. The parametric product is being piloted for the 2025–2026 wet season with support from the UNCDF and Pacific Insurance and Climate Adaptation Programme, and in partnership with ... Read the full article
James Addington-Smith joins Marsh UK as CEO
19th November 2025
Marsh, an insurance broker and risk advisor within the Marsh McLennan business, has appointed James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will assume the role in early 2026. He will be based in London and report to Flavio Piccolomini, CEO of Marsh McLennan International. Addington-Smith succeeds Chris ... Read the full article
Quick return to P&C price increases not likely any time soon: KBW
19th November 2025
Keefe, Bruyette & Woods (KBW) analysts caution that a return to the 2020-2024 pricing increases is not expected for several years for the property and casualty (P&C) market. The new KBW Industry Update, “More Room for Pricing Deterioration in U.S. Small and Mid-Sized Accounts,” underscores the historical trend that hard markets ... Read the full article
HRP Syndicate 2689 at Lloyd’s announces key leadership appointments
19th November 2025
HRP Syndicate 2689 at Lloyd’s, a specialist insurance syndicate known for providing underwriting solutions across diverse sectors, has named Giancarlo D’Alessandro as its new Active Underwriter. Additionally, Leah Rose has been appointed as syndicate CEO, taking responsibility for the overall management and strategic oversight of the business. Both appointments are subject ... Read the full article
AM Best revises digital insurer ZhongAn’s outlooks to positive
19th November 2025
Credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (ZhongAn) (China). These credit moves reflect ZhongAn’s balance sheet strength, assessed ... Read the full article
Aon names Jason Disborough as Chief Commercial Officer, Pacific
19th November 2025
Insurance and reinsurance broking firm Aon has appointed Jason Disborough as Chief Commercial Officer, Pacific, effective January 1st, 2026, based in Brisbane. In his new role, Disborough will lead Aon’s regional commercial strategy and execution, overseeing client engagement to deliver innovative, client-centric solutions. Once he takes on the new role, he will ... Read the full article
Amynta expands FNP’s book of nonprofit clients with NPS acquisition
19th November 2025
Insurance service provider, Amynta Group, has announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Nonprofit Services Insurance Agency, Inc. (NPS). Based in Longview, Washington, NPS has been providing alternative methods for nonprofit employers to meet their unemployment insurance liabilities for over 20 years. It offers comprehensive captive management unemployment ... Read the full article
Colleen Kanniah appointed CEO of Afro Asian Re
19th November 2025
Colleen Kanniah has been appointed CEO of Afro Asian Re RSA (Pty) Ltd., a subsidiary of the Afro Asian Group, based in Johannesburg, Republic of South Africa. Afro Asian Re RSA (Pty) Ltd. is the sixth addition to the Afro Asian Group's growing network of subsidiaries across the African continent, and ... Read the full article
AM Best adjusts US excess and surplus lines segment outlook to stable
18th November 2025
Credit rating agency AM Best has updated its outlook for the US excess and surplus (E&S) lines insurance market from positive to stable, reflecting slower premium growth and the beginning of rate softening. The agency reported that rate increases are easing in certain classes and that uncertainties in loss costs, including ... Read the full article
Lockton Re welcomes Scaife to its International Casualty Fac Practice
18th November 2025
Lockton Re, the reinsurance business of independent insurance broker Lockton, has announced that Claire Scaife has joined its International Casualty Facultative Practice in London As Casualty Facultative Broker Scaife will be working alongside Rachel Cohn, who oversees the practice, and Emma Hart, as this team continues to win business and expand ... Read the full article
Morgan Stanley expects P&C pricing to face continued pressure at Jan renewals
18th November 2025
Morgan Stanley analysts expect property & casualty reinsurance pricing to continue facing pressure heading into January 1, 2026 renewals, following a similar trend to 2025. Reinsurance pricing continued to soften, reflected in weaker top-line growth across most of Morgan Stanley’s coverage. Analysts expect rates at 1.1 to decline roughly 10–15%, driven ... Read the full article
Africa Re reports net profit of $142.65m in Q3’25 despite increased claims activity
18th November 2025
African Reinsurance Corporation has disclosed a net profit after tax for Q3 2025 of $142.65 million, marking an increase of 8.54% year-on-year. According to the firm, this “historical record” was driven by a significant reduction in foreign exchange losses, which dropped by 65.54% in the quarter to $6.83 million, disciplined cost ... Read the full article
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