Reinsurance News
Lloyds Banking Group enters into three further longevity transactions
10th December 2025
Lloyds Banking Group Pensions Trustees Limited has entered three new longevity insurance and reinsurance transactions, safeguarding a further £4.8 billion of pension liabilities against the risk of unexpected increases in member life expectancy. The new arrangements cover pensioner liabilities across three major schemes. A £3.1 billion in the Lloyds Bank Pension ... Read the full article
Brokerslink expands African footprint with Mauritian Proxy Brokers
10th December 2025
Global broking business, Brokerslink, has expanded its African footprint by adding Proxy Brokers, marking its first presence in Mauritius. This new affiliate aims to strengthen Brokerslink’s presence in the region, with Mauritius becoming the 42nd African country represented within its wider international network. Incorporated in 2016, Proxy Brokers is fully Mauritian-owned and ... Read the full article
Mission announces upcoming launch of UK MGA Kovrilo
10th December 2025
Global MGA incubator Mission has announced that it has reached an agreement to support a new team in launching Kovrilo, a UK managing general agent (MGA) expected to go live in early 2026. A flexible, tech-driven underwriting platform, Kovrilo will offer a range of commercial insurance products tailored to small and ... Read the full article
Zurich North America appoints Jim Villa as Global Head of A&H
10th December 2025
Zurich North America, the commercial property and casualty insurer, has announced the appointment of Jim Villa as Global Head of Accident & Health (A&H), Specialities. Villa brings nearly 35 years of industry experience, joining Zurich from Arch Insurance Group, where he most recently served as Senior Vice President, Strategy and Distribution, ... Read the full article
Nearly two-thirds of organisations to increase cybersecurity investments in 2026: Marsh
9th December 2025
Nearly two-thirds (66%) of organisations worldwide plan to increase their cybersecurity investments in the coming year amid today’s evolving threat landscape, according to new research by Marsh, an insurance broker, risk advisor, and business of Marsh McLennan. Marsh’s recent report, Cyber Catalyst Report: Guiding Priorities in Cyber Investments, draws insights from ... Read the full article
November Ivans Index reveals workers’ comp renewal rates decrease, major commercial lines up
9th December 2025
Ivans, a division of Applied Systems, has released the November 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year for Commercial Auto, Business Owner's Policy (BOP), General Liability, Commercial Property, and Umbrella. On the other hand, Workers’ Compensation experienced a decrease in premium renewal ... Read the full article
Fidelis backed Navium Marine launches satellite pre-launch consortium at Lloyd’s
9th December 2025
Navium Marine, a marine-focused specialty managing general agent (MGA) operating through The Fidelis Partnership’s Pine Walk platform, has launched Constellation Consortium, the largest satellite pre-launch consortium in the Lloyd’s market. The consortium will draw on capacity from roughly ten markets to offer a total limit of $75 million. Navium heads the ... Read the full article
Zhuang Qianzhi approved as new Chairman of China Re’s Board
9th December 2025
China Reinsurance (Group) Corporation (China Re) has announced that it received approval from the National Financial Regulatory Administration for the qualification of Zhuang Qianzhi as chairman of the Board of Directors on 8 December 2025. This follows China Re’s announcement in September 2025 of the retirement of He Chunlei, chairman ... Read the full article
Ledger Investing to bring AI and efficiency to reinsurance & ILS market with Korra
9th December 2025
Ledger Investing has launched Korra, a separate SaaS platform company that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities (ILS) market. Korra connects insurers, MGAs, reinsurers, and institutional investors through an integrated suite of applications and AI-driven workflows that support the full reinsurance lifecycle – ... Read the full article
MNK’s Florida Re gets A- rating from AM Best
9th December 2025
Credit ratings agency AM Best has assigned Florida Insurance and Reinsurance Company (Florida Re), a subsidiary of global independent re/insurance conglomerate, MNK Group Holdings, a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent). Simultaneously, MNK Group, London, has received a Long-Term ICR ... Read the full article
Two-thirds of modelled US flood losses go uninsured: Moody’s
9th December 2025
Two-thirds of modelled U.S. residential flood losses go uninsured, leaving millions of homeowners and the broader economy financially exposed, according to Moody’s RMS modelling. Moody’s highlighted that flooding remains the most underinsured physical risk in the U.S., with only a small share of residential properties carrying flood insurance despite the growing ... Read the full article
Warty to lead Mosaic finpro lines for Americas expansion
9th December 2025
Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, has announced the appointment of Sachin Warty as Global Head of Financial Institutions & Professional Liability (FinPro), December 15. Warty’s hire is part of the firm’s expansion plans for its financial institutions and professional liability business lines across North ... Read the full article
FCA announces changes to simplify its rules and lower costs for insurers
9th December 2025
The Financial Conduct Authority (FCA) has announced changes to simplify its insurance rules and reduce costs for insurers, while maintaining appropriate protection for smaller commercial customers, with further changes planned next year. The FCA emphasised that the final rules aim to give insurance firms greater flexibility and responsibility, such as deciding ... Read the full article
DUAL Group forms global partnership with CyberCube to strengthen cyber underwriting
9th December 2025
DUAL Group, an international specialist underwriting agency, has entered a global partnership with CyberCube, a company known for its analytics and modelling solutions focused on cyber risk. The agreement is aimed at strengthening DUAL’s underwriting capabilities and enhancing the support it provides to brokers and clients. With cyber risk continuing to challenge ... Read the full article
White Mountains completes sale of insurance distribution platform Bamboo
9th December 2025
White Mountains Insurance Group has completed the sale of a controlling interest in Bamboo, a data-enabled insurance distribution platform, to affiliates of funds advised by CVC Capital Partners. The transaction, originally announced in October, assigns Bamboo a valuation of $1.75 billion. At the time, White Mountains said it would continue to ... Read the full article
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