Reinsurance News

Miller appoints Sailesh Divakaram as Head of Treaty Asia

16th February 2026

Miller, the independent specialist insurance and reinsurance broker, has announced the appointment of Sailesh Divakaram as Head of Treaty Asia. Based in Miller’s Singapore office, Divakaram will report to Richard Broad, Head of Treaty (Asia Pacific). Together, Divakaram and Broad will focus on driving the continued growth of Miller’s regional treaty capability ... Read the full article

Trisura reports Q4’25 net income of $37.6m and 85.2% CoR

16th February 2026

Trisura Group, a specialty insurance provider, announced its financial results for the fourth quarter of 2025, reporting a net income of $37.6 million, which increased 95.1% from the $19.2 million reported in Q4 2024, and a combined ratio of 85.2%. According to the insurer, the increase in net income was primarily ... Read the full article

Gallagher names Hassan Ashtari as Senior Executive Officer of Middle East Artex joint venture

16th February 2026

Gallagher & Co., the international insurance brokerage, risk management and consulting group, has appointed Hassan Ashtari as Senior Executive Officer (SEO) of its Middle East joint venture with Artex Risk Solutions. The joint venture operates from the Abu Dhabi Global Market (ADGM) and provides alternative risk and captive management solutions across ... Read the full article

Kettle and RLI launch new multi-peril commercial property insurance product

16th February 2026

AI-enabled insurance and reinsurance underwriter Kettle has partnered with RLI, a U.S.-based specialty insurer, to launch a new multi-peril commercial property insurance product. Kettle explained that the non-admitted product provides comprehensive protection, including wildfire and all other perils (AOP), for commercial properties in regions where coverage has become increasingly difficult to ... Read the full article

Zurich granted extension of PUSU deadline for Beazley proposal

16th February 2026

The two insurers reached an agreement on the key financial terms of a possible recommended cash offer for Zurich to acquire 100% of Beazley on February 4th, and Zurich has now been granted an extension of the PUSU deadline by more than two weeks. The ‘Put up or Shut up’ (PUSU) ... Read the full article

ARPC completes reduced $2bn terrorism retrocession program for 2026

16th February 2026

Australia’s terrorism reinsurance pool, administered by Australian Reinsurance Pool Corporation (ARPC), has purchased a reduced terrorism retrocession limit of $2 billion, with an increased deductible of $500 million, for the 2026 calendar year. ARPC explained that this reflects its current assessment of portfolio risk, prevailing reinsurance market conditions, and the protection ... Read the full article

Ping Li (Eva) appointed to expanded leadership role at Howden Re China

16th February 2026

Howden, an insurance brokerage and risk advisory group, has promoted Ping Li (Eva) to a senior leadership role within its reinsurance division, Howden Re, in Mainland China. Ping Li has more than 15 years of experience across the insurance and reinsurance sectors and has been part of Howden’s China team for ... Read the full article

Consilium launches blended PI, D&O and crime policy for real estate

16th February 2026

Consilium, a specialist re/insurance brokerage, has launched a blended professional indemnity (PI), directors & officers (D&O) and crime policy to address the risks faced by real estate professionals when working collaboratively on property deals and ventures. The launch aims to address the market gap left by a single PI and D&O ... Read the full article

Pen Underwriting adds Nahal and Parkash to PI underwriting team

16th February 2026

Pen Underwriting, a multi-class multi-territory managing general agent (MGA), has expanded its team of professional indemnity (PI) underwriters in Birmingham, with the addition of Raman Nahal as Senior PI Underwriter, and Jazz Parkash as PI Underwriter, effective February 2nd, 2026. The appointments aim to strengthen Pen’s multi-disciplinary team of specialist underwriters ... Read the full article

European reinsurer price declines less severe than broker headlines: JP Morgan

13th February 2026

Price declines reported so far by European reinsurers are much less severe than the figures reported by reinsurance brokers, aided by diversified portfolios which help to buffer the impact, according to JP Morgan analysts. The report from JP Morgan states that European reinsurers struggled at the start of 2026, falling 4.2% ... Read the full article

Tokio Marine’s international business profits rise in Q3’25

13th February 2026

Tokio Marine Holdings has announced its financial results for the third quarter of the 2025 fiscal year, reporting that its international business profits reached JPY376.7 billion, a 19% increase compared to the same period they year prior. This performance was driven by robust underwriting across all entities, as well as decreased ... Read the full article

Chubb makes changes to North America Field Operations leadership team

13th February 2026

Chubb has announced a number of North America Field Operations leadership changes, which include the appointment of Chad Yarlagadda as Regional Executive Officer, Midwest Region; Ben Mortimer as Regional Executive Officer, Southeast Region; and Kelley Kinsella’s retirement. Yarlagadda, who currently serves as Regional Executive Officer in the Southeast Region, will succeed ... Read the full article

Enstar to acquire AF Group from Blue Cross

13th February 2026

Enstar, a global insurance and reinsurance group backed by investment vehicles managed by affiliates of Sixth Street, has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. (AF Group) from Blue Cross Blue Shield of Michigan. The transaction is expected to be ... Read the full article

Ryan Specialty’s revenue grows by 13.2% in Q4’25

13th February 2026

International specialty insurance firm, Ryan Specialty, has reported a 13.2% rise in total revenue for the fourth quarter of 2025 to $751.2 million, compared to $663.5 million in the prior-year period, with an organic growth rate of 6.6%. The insurer attributed the rise to new client wins and expanded relationships with ... Read the full article

Generali launches new software factory to drive tech transformation

13th February 2026

Italy-headquartered insurer Generali has launched a new group software factory, Generali Core Tech, to advance its technological transformation. This move aligns with the insurer's "Lifetime Partner 27: Driving Excellence" strategic plan, that commits to harness new solutions and platforms, by building scalable, shared, and innovative platforms for business growth. The plan foresees ... Read the full article