Reinsurance News
Coex and Insurity partner to help UK & international insurers modernise faster and reduce execution risk
10th November 2026
Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has partnered with Coex, a UK-based insurance technology consultancy, to help insurers accelerate modernise initiatives across the UK and international markets. Modernising core systems often presents challenges for insurers, as competing business priorities and potential operational disruption can impede ... Read the full article
HDI secures Lloyd’s Permission to Underwrite for Syndicate 2029
10th November 2026
HDI Global UK & Ireland has secured Lloyd’s Permission to Underwrite for Syndicate 2029, clearing the way for it to commence underwriting ahead of the syndicate’s planned launch on 1 January 2027. HDI noted that the approval marks the successful completion of the regulatory and operational readiness process following Lloyd's ... Read the full article
Samsung Fire & Marine to increase Canopius stake to 80.6% as KKR and KIC retain minority holdings
10th November 2026
Samsung Fire & Marine Insurance (SFMI) has agreed to acquire a further 40.6% stake in international specialty and P&C re/insurer Canopius Group, increasing its total ownership to 80.6%, while funds managed by KKR and Korea Investment Corporation (KIC) will hold 12.1% and 7.3%, respectively, subject to minor adjustments at closing. Canopius’ ... Read the full article
Willis strengthens ProXS insurance facility with increased capacity and new renewal commitment
10th November 2026
Willis, a WTW business, has expanded its ProXS professional indemnity insurance offering by securing additional insurer capacity and introducing a benefit aimed at improving renewal certainty for clients. The latest changes to the facility include a ‘Commitment to Renew’ provision, which Willis said is intended to help businesses plan their insurance ... Read the full article
Optio strengthens Norwegian insurance operations with SAFE Forsikring acquisition
10th November 2026
Optio Group, a London-based independent specialty managing general agent (MGA), has acquired Norwegian insurance underwriting business SAFE Forsikring (SAFE) for an undisclosed amount, extending its operations in the Nordic region and adding further expertise in aquaculture insurance. The acquisition will bring SAFE into Optio’s Norwegian business alongside S Insurance and AGS ... Read the full article
Compre Group appoints Federica Cozzani as General Counsel
10th November 2026
Compre Group, a specialist legacy insurance and reinsurance group, has announced the appointment of Federica Cozzani as General Counsel. Cozzani has been with Compre Group since September 2020, based in Malta, bringing more than six years of experience within the organisation. Prior to joining Compre, she served as a Senior Associate at ... Read the full article
UK P&I Club’s 4.5% General Increase reflects continuing rise in underlying claims costs
10th November 2026
UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, has agreed a 4.5% general increase for the 2027 policy year reflecting ongoing claims inflation and the rising cost and complexity of major casualties. The Club’s 2026/27 performance remains in line with expectations. Benign pool claims ... Read the full article
Arch Insurance appoints two senior property and casualty underwriters in UK Regional Division
10th November 2026
Arch Insurance, a provider of specialist insurance solutions, has announced two senior appointments within its UK Regional Division, naming Abigail Dent-Jones and Chelsea Sparey as Senior Property & Casualty (P&C) Underwriters, with immediate effect. Dent-Jones has joined its Colchester office, while Sparey is based in Bristol. Both will work within their ... Read the full article
Global Parametrics develops Peru’s first parametric earthquake insurance for low-income households
9th November 2026
Global Parametrics, part of CelsiusPro Group, has announced the development and planned pilot of Peru’s first parametric earthquake insurance product designed for low-income households living in progressive housing in Lima. Peru is highly vulnerable to earthquakes, located in one of the world’s most seismically active zones at the convergent plate boundary ... Read the full article
The Baldwin Group reports stable property rates and diverging casualty pricing
9th November 2026
The Baldwin Group, a Nasdaq-listed independent insurance distribution and solutions provider, has released its third-quarter 2026 Market Pulse report, offering an overview of commercial insurance pricing trends across its portfolio as at 30 September 2026. The report indicates that the decline in commercial property insurance rates has begun to level off, ... Read the full article
Polo Managing Agency to manage Allianz Commercial’s new Lloyd’s syndicate 1893
9th November 2026
Polo Managing Agency (PMA) has been appointed managing agent of Allianz Commercial 1893, Allianz Commercial’s new direct underwriting syndicate, which recently received in-principle approval from Lloyd’s. Allianz Commercial 1893, which is expected to begin trading from January 1, 2027, takes its name from the year Allianz first expanded internationally, opening ... Read the full article
Kingstone posts record profits as Q3’26 net income surges 62%
9th November 2026
Kingstone has announced its financial results for the third quarter of 2026, reporting net income of $17.6 million, a 30% growth in net premiums earned, and an improved GAAP net combined ratio of 65.6%. Net income in Q3 2026 went up 61.7% compared with the $10.8 million reported for Q3 2025. ... Read the full article
Lincoln Financial reports solid Q3’26 results with $1.3bn in net income
9th November 2026
Lincoln Financial has announced its financial results for the third quarter of 2026, reporting a net income of $1.3 billion, compared to a net loss of $699 million in the same period last year. The firm explained that the rebound reflects an increasingly resilient business, diversified earnings mix and enhanced capital ... Read the full article
QBE Insurance appoints Nigel Hawtin as Chief Transformation & Operations Officer
9th November 2026
QBE Insurance, an international insurance and reinsurance group, has announced the appointment of Nigel Hawtin as Chief Transformation & Operations Officer for its Australia Pacific business, effective 10 December 2026, subject to regulatory approval. Hawtin currently serves as General Manager, Property & Liability Claims at QBE Australia Pacific. Having joined the ... Read the full article
Hong Kong general insurance premiums rise 8% as health and property demand strengthens, says AM Best
9th November 2026
Hong Kong’s general insurance industry generated gross written premiums (GWP) of HK $108.5 billion in 2025, an increase of 8% compared with the previous year, according to AM Best, an international credit rating agency specialising in the insurance sector. The agency attributed the increase to higher premium volumes across direct insurance ... Read the full article
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