Reinsurance News

EMEA insurance market is softening, abundant capacity driving price reductions: Aon

18th November 2025

The insurance market across Europe, the Middle East, and Africa (EMEA) is experiencing a notable softening, with price reductions increasingly available for preferred and well-managed risks across most geographies and lines of business, driven by abundant capacity and aggressive competition, according to an Aon report. Aon’s Q3 2025 Global Insurance Market ... Read the full article

Douglas Turk named President, Specialty Lines at Relation Insurance Services

18th November 2025

Relation Insurance Services, a full-service insurance brokerage, announced that Douglas Turk has joined the company as President, Specialty Lines, overseeing the growth and development of Relation’s specialty business. Turk brings more than 20 years of experience in the insurance industry, including leadership roles at top brokerages and consulting firms. He is ... Read the full article

Lockton strengthens Switzerland presence with new offices in Zurich and Geneva

18th November 2025

Global insurance broker Lockton has announced the establishment of new offices in Zurich and Geneva, strengthening its presence in Switzerland, with Stephan Bachmann appointed CEO of Lockton Switzerland GmbH. The expansion follows years of successful collaboration with Swiss-based multinational corporations and is a deliberate investment to bring high-touch, specialist service closer ... Read the full article

AM Best revises DUAE segment outlook to stable amid moderating growth

17th November 2025

AM Best has revised its market outlook for the delegated underwriting authority enterprise (DUAE) segment to stable from positive, driven by moderating growth and emerging headwinds. Despite the shift, insurers and reinsurers remain broadly optimistic about the DUAE market. Strategic partnerships between carriers and DUAEs continue, and the segment is still ... Read the full article

Willis and NATS partner to deliver aviation risk and resilience solutions

17th November 2025

Willis, a WTW business, has partnered with NATS, a UK provider of air traffic control services, to provide risk and resilience advisory services and tailored solutions to global aviation stakeholders. Under the partnership, Willis and NATS have signed a Memorandum of Understanding at the Dubai Airshow 2025. The two organisations will leverage ... Read the full article

UK life and non-life insurance premium growth set to slow in 2026: EY

17th November 2025

Growth in life and non-life insurance premiums is projected to decelerate in 2026 amid a slowing UK economy and softening household incomes, according to a new EY ITEM Club report. EY expects overall UK non-life premium growth to ease from 4.6% in 2025 to 3.6% in 2026 as real income growth ... Read the full article

HDI Global’s net income up 13% in 9M’25 and insurance revenue reaches €7.6bn

17th November 2025

HDI Global, a commercial and specialty lines insurer, has announced continued growth in both revenue and net income for its 9-month results, totalling EUR 7.6 billion and EUR 409 million respectively. According to the insurer, the main drivers behind these positive results were growth in new business and inflation-related price adjustments. These ... Read the full article

Renewal rates down across all Canada’s major commercial lines: Applied Systems

17th November 2025

Applied Systems has released the third quarter 2025 results of the Applied Commercial Index, the Canadian insurance industry’s premium rate index, showing that average renewal rate change decreased across all of the most commonly placed commercial lines of business year over year and quarter over quarter. According to Applied Systems, the ... Read the full article

Send appoints Daniel Pass as Chief Technology Officer

17th November 2025

Send Technology Solutions Ltd (Send), an insurtech firm, has announced the appointment of Daniel Pass as Chief Technology Officer. In his new role, Pass will lead Send’s technology vision, oversee the development of its next-generation platform, and drive the technological strategy to enable scalability and sustained business growth. He joins Send from ... Read the full article

ARC launches WAQF ReTakaful Facility to advance climate resilience in Africa

17th November 2025

The African Risk Capacity (ARC) Group has established the WAQF ReTakaful Facility, a first-of-its-kind Sharia-compliant reinsurance initiative aimed at advancing climate resilience and inclusive finance in ARC member states, facilitated by AlHuda CIBE. The facility was announced during the 7th Global Takaful and ReTakaful Forum, organised by AlHuda CIBE from October ... Read the full article

2026 to be a defining year for reinsurance M&A: DXC Technology’s Mahon

17th November 2025

James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, said that softening rates, abundant capital, and strategic repositioning are setting the stage for 2026 to be a defining year for reinsurance mergers and acquisitions (M&A). In an interview with Reinsurance News, Mahon stated that the industry is bracing for a new surge ... Read the full article

Lockton Re names RenRe’s Mike McCann as US Casualty Product Leader

17th November 2025

Lockton Re, the reinsurance business of global insurance broker Lockton, has appointed Mike McCann as US Casualty Product Leader, based in New York. McCann has nearly two decades of reinsurance industry experience, most recently serving as the Senior Vice President, Underwriting at RenaissanceRe (RenRe). In the role, he led global client relationships ... Read the full article

McGill and Partners expands capacity for Auton digital facility

17th November 2025

McGill and Partners, the independent global specialty insurance and reinsurance broker, has announced an increase in capacity for Auton, its digital cross-class auto-follow facility. Entering its second year, the facility will increase its maximum capacity from 20% to 25% for all eligible lines of business, providing clients with greater flexibility and ... Read the full article

CyberCube and Envoy Insure partner to embed cyber analytics in broker workflows

17th November 2025

CyberCube, a provider of cyber risk analytics for the insurance industry, has entered into a Strategic Technology Ecosystem Partnership with Envoy Insure, a digital distribution platform for insurance brokers. Under the partnership, CyberCube’s analytics will be embedded directly into brokers’ workflows, providing real-time cyber risk insights during multi-carrier quote comparisons. Envoy Insure will ... Read the full article

MS&AD to acquire 18% stake in MassMutual’s Barings

17th November 2025

Japanese insurance group MS&AD Insurance Holdings, through its subsidiary, Mitsui Sumitomo Insurance Co., Ltd. (MSI), is set to acquire an 18% equity stake in Barings, a global asset management subsidiary of MassMutual. Barings delivers innovative solutions to clients globally with assets under management of over $470 billion. This investment from MS&AD is ... Read the full article