Reinsurance News
SageSure and SURE close record-breaking $670m cat bond
19th February 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and SureChoice Underwriters Reciprocal Exchange (SURE), a member-owned reciprocal exchange, have successfully closed the Gateway Re Ltd. Series 2026-1 catastrophe bond. The transaction closed at an original principal amount of $670 million, marking the franchise’s largest issuance ... Read the full article
Allstate estimates $175m January 2026 winter storm losses
19th February 2026
The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily attributed to Winter Storm Fern. This compares with substantially higher catastrophe losses in January 2025, when the company reported $1.08 billion, or ... Read the full article
Donegal Group’s net income climbs 56% as CoR improves in 2025
19th February 2026
Donegal Group Inc., a US insurance holding company, has reported a net income of $79.3 million for full year 2025, up 56% compared to $50.9 million in 2024, alongside an improved combined ratio of 95.4% versus 98.6%. For the year, net premiums earned totalled $921.2 million, down 1.7% from $936.7 million ... Read the full article
Markel expands cybersecurity support for policyholders through Upfort partnership
19th February 2026
Markel, the insurance division of Markel Group Inc., has announced a new partnership with Upfort aimed at strengthening cybersecurity resources for eligible US cyber insurance policyholders. Through this collaboration, policyholders can now access Upfort Shield, a multi-layer cyber defence platform that delivers AI-driven, automated protection against common cyber threats. In addition, eligible ... Read the full article
Neptune’s total revenues grew 39% to $43.8m in Q4’25
19th February 2026
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has reported total revenues of $43.8 million for the fourth quarter of 2025, a 39% increase compared to $31.5 million in the same period a year earlier. In Q4’25, written premium amounted to $100.3 million, a 41% increase compared to ... Read the full article
London Market brokers favour technologically forward insurers: Guidewire
19th February 2026
Nearly four in five (78%) London Market brokers say that how insurers harness new digital technology to enhance efficiency plays a highly significant role in where they place risk, according to research from Guidewire. Guidewire’s research is based on a survey of more than 250 insurance brokers who primarily work with ... Read the full article
Augment Risk adds weather and parametric risk capabilities to its LatAm platform
19th February 2026
Augment Risk, a risk capital and reinsurance solutions broker, has expanded the capabilities of its Latin American (LatAm) platform to include specialist weather parametric and structured weather risk transfer capabilities. The broker explained that this expansion aligns with its capital first philosophy, structuring risk solutions around clients’ financial and liquidity needs, ... Read the full article
Storm Nils insured losses could exceed €3bn: Morningstar DBRS
19th February 2026
Following the widespread destruction caused by Storm Nils across southwestern France, Morningstar DBRS has estimated that total insured losses could surpass €3 billion. In a new report, the firm said that in recent days, Storm Nils has unleashed heavy rainfall, powerful winds, and severe flooding, resulting in at least two fatalities ... Read the full article
Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy
19th February 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior underwriter appointments in Milan to manage the new divisions, expand LSM’s offering in Italy ... Read the full article
SiriusPoint posts $444m net income as 2025 underwriting profit soars
19th February 2026
SiriusPoint has reported net income available to common shareholders for the full year 2025 of $444 million, while consolidated underwriting income for the year expanded to $302.8 million from $276.4 million in 2024. The firm explained that the improvement in underwriting income was mainly driven by premium growth and a stronger ... Read the full article
HDI Global plans to expand in NA, Southeast Asia & Middle East
19th February 2026
HDI Global, a commercial and specialty lines insurer, has launched its new strategy for 2026 through 2029, “Xcelerate29”, targeted at selective international expansion and driving excellence in core business. The insurer will focus on expanding its specialty business across North America (NA), Southeast Asia and the Middle East, while further strengthening ... Read the full article
Arch Insurance International names new D&O and FI Underwriting Managers
19th February 2026
Arch Insurance International has announced the appointments of Antony Hope as Directors & Officers (D&O) Underwriting Manager and Sangeetha Mani as Financial Institutions (FI) Underwriting Manager. As part of the Executive Assurance division, Hope and Mani have been tasked with overseeing the underwriting activities for the open market Directors & Officers ... Read the full article
EMEA businesses need to strengthen cyber resilience for the AI era: Aon
19th February 2026
EMEA (Europe, the Middle East and Africa) businesses believe they are unprepared for artificial intelligence (AI)-powered cyber threats, a recent Aon poll revealed, highlighting the opportunity to strengthen AI-era cyber resilience. Polling during Aon’s 2025 Cyber Webinar gathered insights from 75 organisations from across EMEA regarding the adaptation to the rapid ... Read the full article
PIC completes £113m buy-in with the Sopra Steria Retirement Benefits Scheme
19th February 2026
PIC, a specialist insurer of defined benefit pension schemes, has completed a £113 million full buy-in with the Steria Management Plan Section of the Sopra Steria Retirement Benefits Scheme, successfully securing the benefits of all 355 Section members. Sopra Steria is a European technology company operating in nearly 30 countries and ... Read the full article
Zurich renews aggregate treaty, cites overall favourable pricing & stable conditions
19th February 2026
Insurer Zurich renewed its global aggregate catastrophe treaty at January 1st with an uplift in capacity, and also added cyber coverage to its global top catastrophe excess of loss treaty, and secured a higher retention for its Europe all perils reinsurance tower. Alongside its results for 2025, global insurer Zurich ... Read the full article
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