Reinsurance News
Antares Global names Andy Bridgwood and Chris Early as joint Class Cargo Underwriters
14th November 2025
Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwriters. Both will be based in London and report directly to James Glynn, Head of Marine at ... Read the full article
Allianz reports highest 9M operating profit ever in 2025
14th November 2025
Amid sustained, broad-based momentum across its businesses, Allianz has reported an operating profit of €13.1 billion for the first nine months of 2025, its highest nine-month result on record and equivalent to 82% of the midpoint of its full-year outlook. The firm's total business volume rose 8.51% to €141.2 billion in ... Read the full article
Aspen reports improved Q3’25 CoR of 86.8% as underwriting result rises to $94.4m
14th November 2025
Bermuda-domiciled insurer and reinsurer, Aspen Insurance Holdings, has reported a combined ratio of 86.8% for the third quarter of 2025, an improvement of 8.4 percentage points from the 95.2% achieved in the same period last year. This improved combined ratio was driven by Q3’25 underwriting income of $94.4 million, while gross ... Read the full article
Upstream profitability and downstream losses shape 2026 insurance outlook: WTW
14th November 2025
Insurance buyers are set to remain in a strong negotiating position for both cost and coverage as the market moves into 2026, according to the Energy Market Review Update published by Willis, a WTW business. Willis reports that the upstream energy sector continues to deliver solid profitability for insurers following another ... Read the full article
Pen Underwriting enters renewable energy market
14th November 2025
Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has launched a new risk management-led insurance product serving the needs of the waste-to-energy anaerobic digestion (AD) industry, thereby entering into the renewable energy sector. Designed to cover the full range of property and liability exposures faced by AD businesses, Pen’s comprehensive ... Read the full article
Aviva’s General Insurance premiums rise 12% to £10bn in 9M’25
14th November 2025
British insurer Aviva reported General Insurance premiums of £10 billion in the first nine months of 2025, up 12% from £9.1 billion in the same period a year earlier. By region, UK & Ireland General Insurance premiums increased 17% to £6.7 billion from £5.7 billion, with 24% growth in Personal Lines ... Read the full article
Swiss Re’s Group net income rises 85% as P&C reinsurance delivers 77.6% CoR
14th November 2025
Swiss Re, one of Europe's big four reinsurers, recorded net income of more than $4 billion for the first nine months of 2025, an increase of 85% on the prior year's $2.2 billion, as the property and casualty (P&C) reinsurance result improved significantly amid lower natural catastrophe losses and a ... Read the full article
SCOR’s Daniel Duesterhaus joins the Ruschlikon ePlacing Steering committee
14th November 2025
Ruschlikon, a global community of insurers, brokers and reinsurers powered by ACORD, has announced that Daniel Duesterhaus of SCOR has joined its ePlacing Steering Committee, bringing deep expertise in underwriting innovation and broker partnerships. The executive brings a wealth of experience in digital underwriting processes and strategic broker collaboration, skills that ... Read the full article
ShoreOne expands residential homeowners policy with flood coverage to Rhode Island
14th November 2025
ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has launched its residential homeowners policy in Rhode Island, now including comprehensive flood insurance coverage. The policy combines home and flood protection under a single plan, offering one deductible and a unified claims process. This product, already available ... Read the full article
RGA study highlights potential of incretin-based therapies to improve global health outcomes
13th November 2025
Reinsurance Group of America, Incorporated, a provider of life and health reinsurance solutions, has released new research that evaluates the potential effects of incretin-based therapies, including GLP-1 medications, on mortality and morbidity. These drugs, used for both weight management and diabetes treatment, were assessed across four regions: the United States, United ... Read the full article
Descartes Underwriting adopts mea Platform to power parametric growth
13th November 2025
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has adopted mea Platform’s AI products to enhance automation and data orchestration across its underwriting processes. The implementation expands Descartes’ use of AI to deliver faster, more cost-efficient underwriting decisions. This mirrors the speed and precision of ... Read the full article
JBA launches high-res US flood model to meet reinsurance demand as data reveals major risk gap
13th November 2025
UK-based flood science specialist JBA Risk Management has launched a high-resolution US inland flood model, as new data reveals that almost one in three US properties - 38.6 million buildings - are at risk of flood. JBA has launched this new model in response to rising demand from the reinsurance and ... Read the full article
AM Best upgrades credit ratings of Greenlight Capital Re and subsidiaries
13th November 2025
AM Best has upgraded the Financial Strength Ratings of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, DAC (Ireland) to A (Excellent) from A– (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a–” (Excellent). Both companies are wholly owned subsidiaries of Greenlight Capital Re, Ltd. (Greenlight Re). ... Read the full article
ICA urges stronger national resilience to secure the future of the Cyclone Reinsurance Pool
13th November 2025
The Insurance Council of Australia (ICA), the representative body for the general insurance industry, has called for greater national investment in disaster resilience and risk reduction to ensure the long-term success of the Cyclone Reinsurance Pool (CRP) and deliver sustained insurance affordability for households and businesses across Northern Australia. In its ... Read the full article
Neptune’s revenue rises 31.2% to $44.4m in Q3’25
13th November 2025
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, reported revenue of $44.4 million for the third quarter of 2025, up 31.2% from $33.8 million in the same period a year earlier. In the quarter, written premiums increased 30.7% to $101.6 million, compared to $77.7 million in Q3’24. Net income ... Read the full article
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