Reinsurance News
American Integrity continues policy assumption from Florida’s Citizens
17th November 2025
As part of the strategic participation in the Citizens take-out program, Tampa-based property and casualty insurance holding company, American Integrity Insurance Group, has assumed 7,087 policies from Florida’s insurer of last resort. This adds approximately $25.8 million of annualised written premium at an average premium of $3,640 to the firm’s overall ... Read the full article
Lloyd’s announces Council membership elections
14th November 2025
Lloyd’s, the London-headquartered specialist insurance and reinsurance market, has announced a couple of updates to its Council membership: the re-election of Richard Dudley, and Duncan Dale’s election. These changes follow elections to fill two working member vacancies, and come as Andrew Brooks steps down after nine years as a working member ... Read the full article
Amiga Specialty secures multi-year, multi-product capacity with Accelerant Risk Exchange
14th November 2025
Amiga Specialty, a Managing General Agent (MGA) focused on specialty insurance lines, has announced that it has secured multi-year, multi-product capacity through the Accelerant Risk Exchange. This agreement will support Amiga’s portfolio across Commercial D&O, Professional Indemnity, Financial Institutions, and Transactional Risks. The news comes just six months after the company’s launch, ... Read the full article
Captives can help advance ESG commitments, says FERMA report
14th November 2025
The Federation of European Risk Management Associations (FERMA), representing risk managers across Europe, has examined how captives can contribute to environmental, social, and governance (ESG) objectives. In its report, ESG – Toolbox for Captives, FERMA notes that while captives are primarily designed to manage risk and provide insurance solutions, they can ... Read the full article
John Neal no longer joining AIG
14th November 2025
Global insurer AIG has announced that John Neal, former Chief Executive Officer (CEO) of the specialist Lloyd's insurance and reinsurance marketplace, will no longer be joining the firm due to personal circumstances. Back in January 2025, it was revealed that Neal, who served as CEO of Lloyd's since October 2018, ... Read the full article
War risks return to the seas as reinsurance faces a new era of uncertainty: Willis Re
14th November 2025
According to Willis Re, the marine war risks market, once a quiet, predictable corner of global reinsurance, is being reshaped by renewed geopolitical tension and rising aggression at sea. The firm traces this evolution back to the late 19th century, when Lloyd’s underwriters formally separated “risks of the seas,” such as ... Read the full article
Insurers as enablers of climate resilience through long-term partnerships: HDI Global
14th November 2025
Insurers can act as enablers of climate resilience through highly specialised natural catastrophe assessment tools and bespoke risk consulting, enhancing clients’ preparedness for future challenges, with long-term partnerships key to achieving this, according to Melanie Fischer, Natural Hazards and GIS/Data Analyst at HDI Global. Extreme weather events and natural catastrophes have ... Read the full article
IRB(Re) posts dip in Q3’25 net income but 9M result up 39%
14th November 2025
Brazilian reinsurer IRB(Re) reported a net income of R$98.7 million in the third quarter of 2025, down 14.8% from R$115.9 million in the same period a year prior, while net income for the first nine months of 2025 increased 38.7% to R$360.8 million from R$260.2 million. In Q3’25, the underwriting result ... Read the full article
Donna Cowell appointed Head of Reinsurance for L&G’s Retail business
14th November 2025
Legal & General’s (L&G) Retail business, a UK provider of retirement and protection solutions, has announced the appointment of Donna Cowell to the newly created role of Head of Reinsurance, UK Protection. In this role, Cowell will work across both L&G’s Retail and Group Protection businesses to deliver a joined-up and ... Read the full article
Somerset Re CEO Danish Iqbal joins BILTIR’s Board of Directors
14th November 2025
Somerset Re CEO, Danish Iqbal, has been appointed to the Bermuda Long Term Insurers and Reinsurers (BILTIR) Board of Directors, effective November 1, 2025. Iqbal, who recently returned to Somerset Re, has held a variety of senior roles in the life re/insurance industry, working on pricing, valuation, risk, and ALM. Before ... Read the full article
Antares Global names Andy Bridgwood and Chris Early as joint Class Cargo Underwriters
14th November 2025
Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwriters. Both will be based in London and report directly to James Glynn, Head of Marine at ... Read the full article
Allianz reports highest 9M operating profit ever in 2025
14th November 2025
Amid sustained, broad-based momentum across its businesses, Allianz has reported an operating profit of €13.1 billion for the first nine months of 2025, its highest nine-month result on record and equivalent to 82% of the midpoint of its full-year outlook. The firm's total business volume rose 8.51% to €141.2 billion in ... Read the full article
Aspen reports improved Q3’25 CoR of 86.8% as underwriting result rises to $94.4m
14th November 2025
Bermuda-domiciled insurer and reinsurer, Aspen Insurance Holdings, has reported a combined ratio of 86.8% for the third quarter of 2025, an improvement of 8.4 percentage points from the 95.2% achieved in the same period last year. This improved combined ratio was driven by Q3’25 underwriting income of $94.4 million, while gross ... Read the full article
Upstream profitability and downstream losses shape 2026 insurance outlook: WTW
14th November 2025
Insurance buyers are set to remain in a strong negotiating position for both cost and coverage as the market moves into 2026, according to the Energy Market Review Update published by Willis, a WTW business. Willis reports that the upstream energy sector continues to deliver solid profitability for insurers following another ... Read the full article
Pen Underwriting enters renewable energy market
14th November 2025
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has launched a new risk management-led insurance product serving the needs of the waste-to-energy anaerobic digestion (AD) industry, thereby entering into the renewable energy sector. Designed to cover the full range of property and liability exposures faced by AD businesses, Pen’s comprehensive ... Read the full article
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