Reinsurance News

Cyber-related fines reveal widening gap between regulatory risk & insurable protection: Aon

4th February 2026

Businesses located or operating across EMEA face increasing exposure to cyber-related fines and penalties as enforcement becomes more assertive, while the insurability of these fines remains uncertain and varies by jurisdiction, according to a joint report by global broker Aon and law firm A&O Shearman. The report highlighted that as cyber ... Read the full article

Tim Hewitt named Head of Japan Intl. Solutions & Strategy at Howden Japan

4th February 2026

Global insurance and reinsurance broker Howden has announced the appointment of Tim Hewitt as Head of Japan International Solutions and Strategy at Howden Japan, effective February 2026. In his new role, Hewitt will continue to focus on growing Howden’s M&A solutions platform in Japan. He will work closely with Japanese clients ... Read the full article

Global insurance rates fall 4% in Q4’25: Marsh Risk

4th February 2026

Global insurance rates declined 4% in the fourth quarter of 2025, according to the latest Marsh Global Insurance Market Index, marking the sixth consecutive quarter of declines. This downward trend was supported by significant insurer capacity, driven by reinsurer growth and the entry of new insurers. Competition has been intensified by this ... Read the full article

MGT and Amwins partner to manage E&S risks with AI

4th February 2026

MGT, a vertically artificial intelligence (AI)-native neo-insurer, has entered into a strategic partnership with Amwins, a distributor of specialty insurance products and services, to select risks in the rapidly expanding Excess & Surplus (E&S) market through its proprietary AI-driven underwriting and pricing platform. This partnership aims to combine Amwins’ unparalleled wholesale ... Read the full article

Varley named WTW’s Global Proposition Leader for Commercial Lines Pricing and Underwriting

4th February 2026

WTW, a global advisory, broking and solutions company, has announced the appointment of Chris Varley as Global Proposition Leader for Commercial Lines Pricing and Underwriting within the company’s Insurance Consulting and Technology business. In his new role, based in London, Varley will lead the global strategy for commercial lines pricing and ... Read the full article

The Hanover posts record net income of $198.5m in Q4’25

4th February 2026

The Hanover Insurance Group, Inc., a property and casualty insurer, reported a record net income of $198.5 million in the fourth quarter of 2025, an 18.2% increase compared to $167.9 million in the same quarter a year prior. In the quarter, operating income stood at $210.1 million, an 8% increase compared ... Read the full article

Catherine Williamson joins Aon’s UK Insolvency and Restructuring team

4th February 2026

Global insurance and reinsurance broking group Aon has announced that its specialist UK Insolvency and Restructuring insurance and risk team, based in Birmingham, has appointed Catherine Williamson as Growth and Technical Director. In this newly created role, Williamson will focus on delivering insights and solutions to clients managing business restructuring and ... Read the full article

Munich Re names Till Böhmer as Head of Central Analytics

4th February 2026

Global reinsurer Munich Re has appointed Till Böhmer as Head of Central Analytics (Data, Analytics and AI Division). Böhmer will serve in this role in an interim capacity for the next nine months, leading the central analytics function. He will be responsible for driving analytics platforms as well as AI strategy, ... Read the full article

Chubb sees record P&C underwriting income of $6.53bn in 2025

4th February 2026

In its full-year 2025 results, Chubb reported record P&C underwriting income of $6.53 billion, an 11.6% increase over 2024, alongside a record-low combined ratio of 85.7%. Evan G. Greenberg, Chubb’s Chairman and CEO, hailed 2025 as a great year, highlighting strong contributions across the firm's operations. “Our consistent and enduring performance reflects ... Read the full article

RenRe’s underwriting income rises amid strong property performance in Q4’25

4th February 2026

Bermuda-based reinsurer RenaissanceRe (RenRe) generated underwriting income of $669 million for the fourth quarter of 2025 and underwriting income of $1.3 billion for the full year, with a strong performance across the firm's three drivers of profit. RenRe ended 2025 strongly with net income of $752 million for Q4'25, compared with ... Read the full article

AXIS expands Draper’s role to Head of AXIS Re, Haugh named Group COO

4th February 2026

Bermuda-based insurer and reinsurer AXIS Capital Holdings Limited has expanded Dan Draper’s role to include serving as the Head of AXIS Re and has appointed Ann Haugh to the newly created role of Group Chief Operations Officer (COO). The appointments are part of a planned succession and leadership development process. The ... Read the full article

Industry losses from Winter Storm Fern could reach $4bn: Verisk

4th February 2026

Verisk, a global data analytics and technology provider to the insurance industry, has estimated insured industry losses to property and auto from Winter Storm Fern to reach $4 billion, largely driven by freeze impacts, with supplemental losses from wind and snow. The early results from Verisk’s updated U.S. Winter Storm Model ... Read the full article

Zurich and Beazley reach agreement on key financial terms for possible acquisition

4th February 2026

Zurich has reached an agreement in principle with Beazley on the key financial terms of a potential recommended cash offer for all existing and to-be-issued ordinary shares of the specialist insurer. Readers may recall that on January 4, 2026, Zurich submitted a proposal of 1,230 pence in cash per Beazley ... Read the full article

SCOR reports selective portfolio growth in ‘competitive’ Jan 1 pricing environment

4th February 2026

French reinsurer SCOR has disclosed its January 2026 Property & Casualty (P&C) reinsurance renewal results, reporting selective portfolio growth in a competitive pricing environment, with overall estimated gross premium income (EGPI) from traditional reinsurance rising 4.7% to €4.493 billion, complemented by an 80.5% increase in Alternative Solutions to €1.185 ... Read the full article

Sophie Wentges joins Willis Re’s Catastrophe Analytics team

4th February 2026

Sophie Wentges is joining Willis Re’s Catastrophe Analytics team, where she will support the London and Bermuda broking teams and will be based in London. Wentges has around 12 years of experience in specialty catastrophe modelling across broking and insurance. She began her career at Hiscox in London Market Property & Specialty ... Read the full article