Reinsurance News
DUAL and SCOR team up to expand corporate insurance capacity in Brazil
13th February 2026
DUAL, one of the world’s largest Managing General Agents (MGAs) and part of Howden, has partnered with global reinsurer SCOR to bring enhanced capacity to the Brazilian corporate insurance market. Under the agreement, DUAL Brazil and SCOR will reportedly offer capacity across Property, Casualty, Professional Indemnity (PI) and Directors & Officers ... Read the full article
Kuwait Re posts rise in net profit to $65m for 2025
13th February 2026
Kuwait Reinsurance Company achieved a roughly 41% year-on-year rise in net profit for 2025 to $65 million, as total insurance revenue increased by 13% to around $294 million. After insurance services expenses of $257 million in 2025, the insurance service result before reinsurance contracts held stood at roughly $37 million, up ... Read the full article
MS Amlin’s profit up to £162m as combined ratio strengthens in Q3’25
13th February 2026
Global re/insurer MS Amlin, part of MS&AD Holdings, generated an insurance service profit of £183 million for the period January to September 2025 (Q3'25), an increase of 53% year-on-year, as the firm's combined ratio strengthened by 2.7 percentage points to 86.1%. The stronger combined ratio was driven by a 2.3 percentage ... Read the full article
Lloyd’s adds Fiona Luck and Sean McGovern as new Deputy Chairs
13th February 2026
The specialist Lloyd's insurance and reinsurance marketplace has confirmed the additions of both Fiona Luck and Sean McGovern as Deputy Chairs, joining Victoria Carter who has served in the role since 2021. Luck joined the Lloyd's Council in 2018, and as well as Deputy Chair, has been appointed as Senior Independent ... Read the full article
Admiral Group to broaden its motor offering with Flock acquisition
13th February 2026
Admiral Group, an UK-based insurance company, has reached an agreement to acquire Flock, a digital commercial fleet insurance provider. Valued at £80 million, the acquisition, subject to regulatory approval, gives Admiral access to Flock’s innovative telemetry technology, which tracks vehicle data in real time. Flock’s digital platform uses proprietary AI-driven risk models ... Read the full article
AF Group promotes Mike Valiante to President, Commercial Markets
13th February 2026
Insurer AF Group has promoted Mike Valiante, who joined the firm in 2011 as Director of Field Operations for its Third Coast Underwriters brand, to the role of President of Commercial Markets. After joining the firm in 2011, Valiante was promoted to Vice President in 2013, and was in charge of business ... Read the full article
Cyber insurance rates decline despite surge in claims: Lockton
12th February 2026
Cyber insurance premiums have fallen despite an increase in cyber incidents and rising claims, marking a “rare divergence between underlying risk and insurance pricing,” according to a recent report from insurance broking group Lockton. During the 12 months ending August, organisations experienced a 129% increase in ‘nationally significant’ cyber security incidents, ... Read the full article
Beazley survey finds risk convergence driving insurance investment in 2026
12th February 2026
Specialist insurer Beazley has found that businesses worldwide are navigating a more interconnected risk environment in 2026, with technology and geopolitical pressures emerging as the joint leading concerns. In its latest Risk & Resilience survey, Beazley reports that organisations are responding by embedding insurance and structured risk management more deeply into ... Read the full article
Brown & Brown sees rate conditions shifting in favour of prepared buyers
12th February 2026
Brown & Brown, Inc., an insurance brokerage and risk management services firm, has released its 2026 Market Trends report, providing a detailed assessment of developments across the insurance landscape and notes that rate conditions in several areas are beginning to move in a more favourable direction for buyers who approach ... Read the full article
AXA DCP partners with Planet to track natural catastrophes
12th February 2026
AXA Digital Commercial Platform, a 'first-of-its-kind' AI-powered all-in-one risk management system and newest arm of AXA, has partnered with Earth imaging company Planet to track natural catastrophes such as earthquakes and hurricanes. Developed to address the challenges of the “polycrisis,” AXA DCP integrates advanced technology, extensive data, third-party software, artificial intelligence, ... Read the full article
Markel Insurance appoints Zurich’s John Bang as Head of Korea and Japan
12th February 2026
Markel Insurance, the insurance operation within Markel Group Inc., has appointed John Bang as its inaugural Head of Korea and Japan, effective immediately. He will be responsible for launching Markel International's Japan and Korea desks, overseeing business development and deepening relationships with local partners and cedents. In his new role, Bang will ... Read the full article
AM Best revises outlook on US D&O liability insurance segment to stable
12th February 2026
AM Best has announced it is revising its market segment outlook for the US directors and officers (D&O) liability insurance segment to stable from negative, citing rate stabilisation and improving loss ratios, among other factors. The upgrade signals a critical moment for a sector that has faced years of volatility, declining ... Read the full article
Philippe Domart to lead Covéa Insurance UK as CEO
12th February 2026
Covéa Insurance UK has appointed Philippe Domart as its Chief Executive Officer (CEO), subject to regulatory approval, effective April 1st, 2026. In the new role, Domart succeeds Georges De Macedo. Additionally, he will relocate to the UK to be closer to the teams and partners. This appointment aligns with the group’s long-term ... Read the full article
Chubb appoints Morales as Regional Executive Officer of Spain, Portugal, Italy
12th February 2026
Large US insurer Chubb has announced the appointment of José Ramón Morales as Regional Executive Officer, Southern Region (Spain, Portugal, Italy) and Head of the Underwriting Centre, Continental Europe, Middle East and North Africa, effective April 1, 2026. Morales joins Chubb with 25 years of insurance experience, where he will be ... Read the full article
Prudent management and few cat events drive record 2025 for Mapfre Re
12th February 2026
Mapfre has reported that Mapfre Re, which encompasses its Reinsurance and Global Risks businesses, delivered a record result of €381 million in 2025, an increase of 17.2% year on year, driven by prudent management and the absence of catastrophe events. Of the total, the Reinsurance division contributed €329.5 million, posting a ... Read the full article
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