Reinsurance News

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

Swiss Re urges bolder investment in Insurance-Linked Loans to strengthen sovereign disaster resilience

17th November 2025

Swiss Re Public Sector Solutions, the arm of the global reinsurer that works with governments, international institutions, and the broader public sector on risk transfer solutions, has suggested now is the time to invest more boldly in insurance-linked loans. Swiss Re says insurance-linked loans, alongside parametric insurance, catastrophe bonds, and contingent ... Read the full article

US-based MGA Bobcat Re launches to deliver property treaty underwriting and portfolio expertise via London brokers

17th November 2025

Bobcat Re, a newly formed US-based MGA backed by private investors including members of the former K2 CAT team, has launched with a focus on delivering property treaty underwriting, portfolio management, and distribution expertise to capacity providers, working primarily through London-market brokers. The executive team of the newly launched MGA comprises ... Read the full article

Dale and K2 receive ‘in principle’ approval from Lloyd’s to establish Syndicate 1954

17th November 2025

Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, and MGA platform K2 Insurance Services, have received ‘in principle’ approval from Lloyd’s to establish a new Special Purpose Arrangement (SPA), Syndicate 1954. The SPA, which will be managed by Dale Managing Agency Limited and hosted by ... Read the full article

Willis names Anthony Wong as Head of Casualty in Asia

17th November 2025

Willis, a WTW business, has appointed Anthony Wong as Head of Casualty in Asia, effective immediately. Wong has over 20 years of experience in insurance and risk management, including serving as a risk manager at a major Asian conglomerate. He has also worked with global insurers on large, complex international casualty programmes ... Read the full article

Christopher Peirce joins Skyward Specialty’s Board of Directors

17th November 2025

Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurer, has announced that Christopher Peirce will join its Board of Directors, effective 1st February 2026. Peirce brings 30 years of experience from Liberty Mutual Insurance, where he held several senior leadership positions. Most recently, he served as Executive Vice President and ... Read the full article

Volt Underwriting enters ports and terminals market with TMK-led consortium

17th November 2025

Volt Underwriting, a specialty Managing General Agent (MGA), has entered the Ports & Terminals insurance class under a binder led by Tokio Marine Kiln (TMK). The MGA will deploy an initial line of $15 million in capacity, focused on underwriting a global portfolio covering both Property and Liability exposures for ports ... Read the full article

American Integrity continues policy assumption from Florida’s Citizens

17th November 2025

As part of the strategic participation in the Citizens take-out program, Tampa-based property and casualty insurance holding company, American Integrity Insurance Group, has assumed 7,087 policies from Florida’s insurer of last resort. This adds approximately $25.8 million of annualised written premium at an average premium of $3,640 to the firm’s overall ... Read the full article

Lloyd’s announces Council membership elections

14th November 2025

Lloyd’s, the London-headquartered specialist insurance and reinsurance market, has announced a couple of updates to its Council membership: the re-election of Richard Dudley, and Duncan Dale’s election. These changes follow elections to fill two working member vacancies, and come as Andrew Brooks steps down after nine years as a working member ... Read the full article

Amiga Specialty secures multi-year, multi-product capacity with Accelerant Risk Exchange

14th November 2025

Amiga Specialty, a Managing General Agent (MGA) focused on specialty insurance lines, has announced that it has secured multi-year, multi-product capacity through the Accelerant Risk Exchange. This agreement will support Amiga’s portfolio across Commercial D&O, Professional Indemnity, Financial Institutions, and Transactional Risks. The news comes just six months after the company’s launch, ... Read the full article

Captives can help advance ESG commitments, says FERMA report

14th November 2025

The Federation of European Risk Management Associations (FERMA), representing risk managers across Europe, has examined how captives can contribute to environmental, social, and governance (ESG) objectives. In its report, ESG – Toolbox for Captives, FERMA notes that while captives are primarily designed to manage risk and provide insurance solutions, they can ... Read the full article

John Neal no longer joining AIG

14th November 2025

Global insurer AIG has announced that John Neal, former Chief Executive Officer (CEO) of the specialist Lloyd's insurance and reinsurance marketplace, will no longer be joining the firm due to personal circumstances. Back in January 2025, it was revealed that Neal, who served as CEO of Lloyd's since October 2018, ... Read the full article

War risks return to the seas as reinsurance faces a new era of uncertainty: Willis Re

14th November 2025

According to Willis Re, the marine war risks market, once a quiet, predictable corner of global reinsurance, is being reshaped by renewed geopolitical tension and rising aggression at sea. The firm traces this evolution back to the late 19th century, when Lloyd’s underwriters formally separated “risks of the seas,” such as ... Read the full article

Insurers as enablers of climate resilience through long-term partnerships: HDI Global

14th November 2025

Insurers can act as enablers of climate resilience through highly specialised natural catastrophe assessment tools and bespoke risk consulting, enhancing clients’ preparedness for future challenges, with long-term partnerships key to achieving this, according to Melanie Fischer, Natural Hazards and GIS/Data Analyst at HDI Global. Extreme weather events and natural catastrophes have ... Read the full article

IRB(Re) posts dip in Q3’25 net income but 9M result up 39%

14th November 2025

Brazilian reinsurer IRB(Re) reported a net income of R$98.7 million in the third quarter of 2025, down 14.8% from R$115.9 million in the same period a year prior, while net income for the first nine months of 2025 increased 38.7% to R$360.8 million from R$260.2 million. In Q3’25, the underwriting result ... Read the full article