Reinsurance News
Newly launched Ancient Financial to acquire Bermuda-based F&G Re
23rd February 2026
Ancient Financial, a newly established financial services company specialising in life and annuity reinsurance and asset management, has entered into a definitive agreement to acquire Bermuda-based life and annuity reinsurer F&G Re from a subsidiary of F&G Annuities & Life, with the business to be renamed Ancient Re upon closing. Ancient ... Read the full article
UIB to strengthen cyber insurance capabilities with CyberCube partnership
23rd February 2026
United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has partnered with CyberCube, a provider of cyber risk analytics, to strengthen its cyber insurance capabilities and accelerate growth across Latin America and Asia. As part of this collaboration, UIB will adopt CyberCube’s Broking Manager and Prep Module to enhance ... Read the full article
Vistria to capitalise growth in specialty MGA market with Lumen acquisition
23rd February 2026
Lumen Holdings, LLC, a technology-enabled managing general agent (MGA) headquartered in Dallas, Texas, has been acquired by the Vistria Group, LP, a middle market private investment firm. The transaction positions Lumen as a new platform investment within Vistria's Financial Services strategy. This move, Vistria noted, reflects the culmination of several years of ... Read the full article
Africa Specialty Risks appoints Laxmeekant Walikar as Principal Officer & MD, India
23rd February 2026
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has announced the appointment of Laxmeekant Walikar as Principal Officer and Managing Director (MD), India. In his new role, Walikar will facilitate ASR’s entry into the Indian market through GIFT City in Gujarat, culminating in the establishment of ASR’s Lloyd’s service company for ... Read the full article
Economic environment remains leading emerging risk in Q4’25, reports Gartner
23rd February 2026
Gartner, Inc., a research and advisory firm, reported that a low-growth economic environment remained the top emerging risk in the fourth quarter of 2025. The findings come from the company’s Quarterly Emerging Risk Report, which gathers perspectives from enterprise risk management leaders, risk and assurance professionals, auditors and senior executives on ... Read the full article
Stonybrook launches new Excess Hired and Non-Owned Auto insurance program
23rd February 2026
Stonybrook Capital and Stonybrook Risk Management, a specialist strategic advisory and reinsurance intermediary, have successfully placed and launched a new Excess Hired and Non-Owned Auto (HNOA) insurance program. With PT Edwards as the managing general agent (MGA), the program is underpinned by robust reinsurance support from Florida Insurance and Reinsurance Co ... Read the full article
Humanitarian adoption of cat bonds faces cost, speed, and operational hurdles: Global Parametrics
23rd February 2026
A new report from Global Parametrics has noted that, while catastrophe bond structures can be robust and replicated across different triggers and territories, several hurdles still remain to their effective application in the context of humanitarian organisations. The parametric climate risk insurance provider, part of CelsiusPro Group, has therefore called for ... Read the full article
Angelo De Benedetto appointed Chief Commercial Officer of Guy Carpenter Italy
23rd February 2026
Guy Carpenter, a reinsurance broker, risk advisory firm and part of Marsh, has appointed Angelo De Benedetto as Chief Commercial Officer for its Italian operations. In his new role, De Benedetto will oversee and coordinate the firm’s commercial strategy in the country. His responsibilities include enhancing executive-level engagement with key partners and ... Read the full article
Reinsurance brokers have to be more multifaceted, says Howden Re’s Flandro
23rd February 2026
In a cycle marked by intense competition and abundant capacity, a “multifaceted” approach is needed from re/insurance brokers in order to meet the needs of modern global buyers, David Flandro, Managing Director, Howden Re’s Head of Industry Analysis and Strategic Advisory, argued in a recent video interview ... Read the full article
Ecuador contracts first parametric insurance for climate-vulnerable farmers
23rd February 2026
Ecuador has contracted its first parametric agricultural insurance policies, benefitting up to 10,000 people in smallholder rice and maize farming households against extreme rainfall and drought risk, marking a major milestone for the Tripartite Agreement Programme, a public-private partnership between the Insurance Development Forum (IDF), the United Nations Development Programme ... Read the full article
Nordic P&C insurers achieve strong underwriting results in 2025, growth set to moderate: Moody’s
23rd February 2026
Moody’s Investors Service, the international credit rating agency and provider of financial research, highlights that the eight leading Nordic property and casualty (P&C) insurers reported outstanding underwriting results in 2025. The sector’s average combined ratio, which represents claims and operating costs as a proportion of insurance revenue, declined to 84.8% from ... Read the full article
Jointly AI introduces autonomous insurance brokerage platform for UK personal lines brokers
23rd February 2026
Jointly AI, a UK-based insurance technology company focused on automating brokerage operations, has announced the release of Jointly AI Broker, an end-to-end autonomous AI platform developed for personal lines brokers in the United Kingdom. The company describes the product as a fully operational brokerage system rather than a conversational assistant. Instead ... Read the full article
WTW appoints George Lewkowicz as Global Lead for P&C Capital Modelling
23rd February 2026
WTW, a global advisory, broking and solutions company, has announced the appointment of George Lewkowicz as Global Proposition Leader for P&C Capital Modelling within its Insurance Consulting and Technology business. Based in London, Lewkowicz will spearhead WTW’s global P&C capital modelling and reinsurance pricing solutions, driving innovation, business development and tailored ... Read the full article
Everest promotes Latva-Kiskola to Chief Executive, Global Wholesale & Specialty, APAC
23rd February 2026
Everest Group, a Bermuda-based insurer and reinsurer, has promoted Tomi Latva-Kiskola to Chief Executive of Global Wholesale & Specialty, Asia Pacific (APAC). At Everest, Latva-Kiskola has held senior Asia-Pacific leadership roles since February 2024. He initially joined as Head of Insurance, Asia, before being appointed Chief Executive of Everest International Reinsurance Ltd., ... Read the full article
ICMR predicts Lloyd’s CoR below 90% for 2025
23rd February 2026
Based on reported results to date from 17 of the 27 RISX index constituents, Insurance Capital Markets Research (ICMR) has projected that the Lloyd’s market will post a combined ratio of below 90% in its forthcoming 2025 results. In a new report, ICMR described the anticipated underwriting outcome as “exceptional”, adding ... Read the full article
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