Reinsurance News
Confidence in the Australian Reinsurance Pool Corporation remains strong: ORIMA Research
2nd September 2025
Insurer confidence in the Australian Reinsurance Pool Corporation (ARPC) remains high, according to the latest 2024/25 Insurer Customer Survey, conducted independently by ORIMA Research. Among its key findings, the survey - which captured feedback from 75 insurer customers - revealed high levels of satisfaction across both the Terrorism and Cyclone Reinsurance ... Read the full article
FERMA urges re/insurers to close coverage gap for Europe’s net-zero transition
2nd September 2025
The Federation of European Risk Management Associations (FERMA) has highlighted a critical gap in adequate and accessible insurance coverage to support Europe’s transition to net zero, urging the re/insurance industry to recognise its vital role in closing it. According to a recent FERMA report, building on its 2022 white paper Insuring ... Read the full article
As Asia’s over-65 population nearly doubles by 2050, insurers face new financial risks: Swiss Re
2nd September 2025
As Asia’s population ages rapidly, insurers must adjust their strategies to meet the changing needs of older adults, according to Ping Ji, Matt Singleton, and Torben Swart of Swiss Re Group, a global reinsurance company that provides research and risk management support to life and health insurers. In 2000, only 6% ... Read the full article
AM Best revises US health insurance segment outlook to negative
1st September 2025
US health insurers have come under significant pressure due to increased utilisation and higher medical costs across the industry, prompting AM Best to revise its outlook on the segment to negative from stable. In its recent report, AM Best highlighted that the US health insurance industry is facing broad-based increases in ... Read the full article
MSIG Singapore expands marine capabilities
1st September 2025
MSIG Singapore, a subsidiary of MS&AD Insurance Group, has partnered with MSIG Specialty Marine and appointed the firm as its underwriting agent to expand its marine capabilities. The move aligns with MSIG's strategic growth ambitions and aims to enable the carrier to underwrite Protection & Indemnity (P&I) risks directly from its ... Read the full article
Howden launches reinsurance operations in Iberia, led by Santos and Pombo
1st September 2025
Howden Re, the reinsurance, capital markets, and strategic advisory business of global broker Howden Group, has announced two senior hires to establish its Iberian operations—an important advancement in the company’s international growth strategy. David Santos has been named Managing Director of Howden Re Iberia, with Antonio Pombo appointed as Director. Both will ... Read the full article
Softening reinsurance market could drive M&A opportunities: Fitch
1st September 2025
According to Fitch Ratings, a softening reinsurance marketplace might well drive the return of merger and acquisition (M&A) activity as organic opportunities diminish and players with accumulated capital mull takeovers of companies less successful in the hard market. In a recent report, Fitch noted that in 2025, there was no major ... Read the full article
Premia Re gets A- rating from AM Best
1st September 2025
Credit ratings agency AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to Premia Reinsurance Ltd., Bermuda. The outlook assigned to these ratings is stable. Premia Re operates in the non-life run-off market. The firm is a flagship reinsurer of ... Read the full article
Harte and Taylor join Consilium’s Professional & Executive Risk Solutions division
1st September 2025
Consilium, the global speciality re/insurance broking business of the Aventum Group, has announced the appointments of two new associates in its Professional and Executive Risk Solutions division. Michael Harte has been appointed Associate Partner, bringing with him over 11 years of experience in retail and wholesale across both financial and professional ... Read the full article
Bain Capital to acquire Jensten Group from Livingbridge
1st September 2025
Private investment firm Bain Capital has signed a definitive agreement to acquire Jensten Group, a UK commercial insurance broker, from Livingbridge, with the transaction expected to close in Q4 2025, subject to regulatory approvals. Founded in 1986, Jensten has evolved into a multi-channel distribution platform serving small and medium-sized enterprises across ... Read the full article
Willis launches new fully embedded bloodstock solution
1st September 2025
Willis, a WTW business, has announced the launch of a new specialty bloodstock insurance solution in partnership with Equine MediRecord, an equine digital health software company. The new product is designed to make the process of acquiring bloodstock insurance more accessible and efficient for horse owners and trainers across the UK. Equine ... Read the full article
Japanese insurers to favour Bermudian reinsurers: AM Best
1st September 2025
A recent report by credit rating agency AM Best, indicates a growing trend of Japanese insurers ceding business directly to Bermudian reinsurers or through existing Bermudian-based affiliates, depending on which option is more cost-effective. According to the report, the implementation of a new capital framework based on the International Capital Standard ... Read the full article
Just Group completes £1m buy-in with the Philippine National Bank
1st September 2025
Retirement specialist Just Group has completed a £1 million full scheme buy-in with the Philippine National Bank Retirement Benefits Scheme, a transaction that was completed in June 2025 and insures the benefits of all members of the scheme. The Scheme is sponsored by the Philippine National Bank (Europe) plc, the London-based ... Read the full article
Howden Re appoints Jonathan Yang as Director, Asia Pacific Fac Reinsurance
1st September 2025
Howden Re, the global reinsurance broking arm of Howden Group, has announced the appointment of Tsung Ta Yang (Jonathan Yang) as Director, Asia Pacific Facultative Reinsurance within its Singapore team. In this role, Yang will report to Cynthia Cui, the recently appointed Head of Asia-Pacific Facultative Reinsurance at Howden Re. He ... Read the full article
Policybazaar for Business launches reinsurance operations in select international markets
1st September 2025
Policybazaar for Business, the B2B arm of Policybazaar.com, has begun offering reinsurance services in Sri Lanka, Qatar, Oman, and the UAE. This marks one of the first instances of an India-based intermediary bringing a technology-focused reinsurance model to these regions, aiming to address operational and capacity gaps in the insurance markets ... Read the full article
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