Reinsurance News
Markel International names Rohan Davies as MD of new London Market business
13th November 2025
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Rohan Davies as Managing Director (MD) of its newly created London Market business. In October 2025, Markel International announced that it will move from two divisions – Wholesale and National Markets – to five distinct businesses: ... Read the full article
GIC Re reports improved CoR for HY’25 as underwriting loss narrows
13th November 2025
General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported that its combined ratio improved by 3.93% to 107.71% for the half year ending on September 30th, 2025 (HY'25), compared to 111.64% for HY'24. This improvement was driven by a reduction of 45.50% in underwriting loss to ... Read the full article
Willis appoints new cyber leaders in Asia
13th November 2025
Willis, a WTW business, has announced the appointments of Conor Keating as Head of Cyber, Asia, and Carlos Grijalva as Head of Cyber Sales, Asia, effective immediately. Based in Singapore, Keating transitions into his new role from his previous position as Cyber Growth Leader at Willis. He has more than nine years ... Read the full article
European captive insurers show strength and resilience amid global market shifts
13th November 2025
Credit rating agency AM Best reports that Europe’s captive insurance sector continues to demonstrate stability and resilience, even as global economic and geopolitical uncertainties persist. The development of new regulatory frameworks across several European countries is reshaping the regional landscape by encouraging both the creation of new captives and the redomiciling ... Read the full article
Fidelis posts 30% rise in net income for Q3’25 as underwriting result strengthens
13th November 2025
Insurer and reinsurer Fidelis Insurance Holdings Limited generated net income of $130.5 million for the third quarter of 2025, an increase of 30% on the prior year, with an improved underwriting result in both its insurance and reinsurance segments. Across the group, underwriting income rose to $125.5 million with a combined ... Read the full article
Generali’s 9M’25 GWP reach €73.1bn as net result expands
13th November 2025
Generali has disclosed that gross written premiums reached € 73.1 billion in the first nine months of 2025, up 3.7% from the same period of 2024, driven by a 7.2% increase in P&C. Meanwhile, the firm's 9M 2025 operating result grew 10.1% to €5.941 billion, driven by the very strong performance ... Read the full article
RIQ and Masdar to co-develop reinsurance solutions for global energy transition
13th November 2025
RIQ, an artificial intelligence (AI)-native reinsurance platform and subsidiary of International Holding Company (IHC), has signed a memorandum of understanding (MoU) with Abu Dhabi Future Energy Company (Masdar), a provider of clean energy, to co-develop advanced reinsurance solutions for complex risks in global energy transformation. The collaboration will explore embedding dedicated ... Read the full article
Brace Underwriting appoints Nick Rock as Underwriter
13th November 2025
Brace Underwriting Limited, a multi-line and alternative risk specialist underwriter backed by Octave Specialty Group Inc., has announced the appointment of Nick Rock as Underwriter, effective immediately. In his new position, based in London, Rock will play a key role in strengthening Brace’s underwriting capabilities and expanding its footprint within the ... Read the full article
‘Three-way dialogue’ key to claims success and broker confidence: DCL
13th November 2025
Open, ongoing dialogue between insurer, broker and policyholder is critical to success, according to the latest findings from the Direct Commercial Limited (DCL) Broker Barometer. Broker confidence is driving this long-standing three-way approach. According to the poll, 81% of brokers agree that strong three-way relationships between MGAs or insurers, brokers and ... Read the full article
Renewal rates up YoY across nearly all major commercial lines in October: Ivans
13th November 2025
Ivans, a division of Applied Systems, has released the October 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year across all major commercial lines of business except Workers’ Compensation. However, month over month, renewal rates showed continued variability, with BOP, General Liability, Commercial Property, ... Read the full article
Alternative investments now central to insurance portfolios: Clearwater Analytics
12th November 2025
Clearwater Analytics (CWAN), a provider of investment management technology, has published new research indicating that alternative investments have moved from a niche strategy to a key part of insurance portfolios. These assets now make up almost one third of the US insurance industry’s total holdings, estimated at around $2.7 trillion, as ... Read the full article
Generali names Giulio Terzariol as Direttore Generale, Group Deputy CEO
12th November 2025
Generali Group has announced a significant evolution of its organisational structure, naming Giulio Terzariol as Direttore Generale - Group Deputy CEO. The move is aimed at reinforcing the successful execution of the insurer’s strategic plan, “Lifetime Partner 27: Driving Excellence,” and strengthening governance across its core businesses. Terzariol has been assigned by ... Read the full article
KCC releases US SCS Model Version 4.0
12th November 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 4.0 of its US Severe Convective Storm (SCS) Model. In the US, SCS losses dominate annual weather-related insured property losses. KCC noted that many reinsurers and ILS investors still rely on older catastrophe modelling technology, which ... Read the full article
Willis and Rare launch parametric insurance solution for Philippines’ small-scale fishers
12th November 2025
The Government of the Philippines' Bureau of Fisheries and Aquatic Resources (BFAR) and the Philippine Crop Insurance Corporation (PCIC), have partnered with global conservation organisation Rare and insurance broker Willis, a WTW business, to launch the country’s first parametric insurance solution for small-scale fishers. The partnership insures the livelihoods of 14,200 ... Read the full article
Gallagher introduces new trading divisions and leadership appointments in UK Retail
12th November 2025
Global re/insurance broking group Gallagher has introduced a new UK Retail operating structure with the creation of two new trading divisions, which will align to different client segments, and also announced leadership appointments. The new operating structure was introduced following Gallagher’s acquisition of AssuredPartners, which added 1,000 colleagues and a number ... Read the full article
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