Reinsurance News

KBRA anticipates resilience among catastrophe-exposed insurers

21st October 2025

KBRA currently expects moderate weather-related loss activity, noting that, absent a particularly severe event, most insurers should be able to absorb storm-related losses through earnings or surplus without significantly affecting their overall claims-paying ability. The agency’s recent research indicates that isolated downgrades may occur for insurers experiencing outsized losses relative to ... Read the full article

Previsico closes Series A funding round to accelerate global growth

21st October 2025

Previsico, the actionable flood warning insurtech, has announced the successful close of its Series A funding round to accelerate its global expansion. The round included investment from Connecticut Innovations (CI), Connecticut’s strategic venture capital arm, and BlueOrchard Finance Limited, a global impact investment manager and member of the Schroders Group. It ... Read the full article

Clear evidence re/insurance industry is still cyclical: W. R. Berkley CEO

21st October 2025

Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there's still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in recent times, with further softening expected, according to Rob Berkley, Chief Executive ... Read the full article

85% of insurers negatively impacted by third-party risks: Dun & Bradstreet

21st October 2025

Insurance companies are facing growing third-party risk, with 85% of UK insurers and brokers having experienced negative impacts from such risks, according to a recent Dun & Bradstreet report. Dun & Bradstreet’s recent Financial Services & Insurance Pulse Survey 2025 draws on insights from over 2,000 senior professionals in the financial ... Read the full article

Helios confirms Tucker CEO appointment, adds Parsons as INED

21st October 2025

Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has confirmed the appointment of Louis Tucker as CEO, alongside the hire of Joanna Parsons as an Independent Non-Executive Director. Helios announced Tucker’s appointment from Arch Capital Group ... Read the full article

Commitment to long-term stability will ensure enduring success: QBE Re’s Killourhy

21st October 2025

Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on discipline and long-term partnerships in specialty lines. In an interview with ... Read the full article

Echo Re adopts ACORD’s ADEPT platform for digital messaging with Gallagher Re

21st October 2025

Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into its downstream systems. This implementation of next-generation digital technologies has reportedly resulted in a 50% reduction in ... Read the full article

T&D Holdings invests in new Fortitude Re and Carlyle reinsurance sidecar

21st October 2025

T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (approx. JPY 37.5billion, USD 1 = JPY150.00) to the limited partnership, Carlyle FCA Re, ... Read the full article

W. R. Berkley’s Q3’25 net income rises 40% to $511m

21st October 2025

W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported year-on-year net income growth of 39.8% for the third quarter of 2025 to $511 million, compared to $365.63 million last year. For Q3’25, the company reported gross and net premiums written of $3.8 billion and $3.2 ... Read the full article

A return to the challenges of two to three years ago ‘out of the question’, says MAPFRE RE’s Meyerhoff

21st October 2025

Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of the question.” In an interview with Reinsurance News around the Baden-Baden ... Read the full article

RLI sees underwriting income expand in Q3’25 as CoR improves to 85.1%

21st October 2025

RLI Corp. has reported Q3 2025 underwriting income of $60.5 million and a combined ratio of 85.1%, compared with $40.7 million and 89.6%, respectively, in the same period of 2024. Results for both years reportedly benefited from favourable development on prior years’ loss reserves, which added $13.7 million to underwriting income ... Read the full article

Insurance, a growth enabler for resilient businesses in an increasingly fragmented world: Beazley

21st October 2025

While a majority of global executives feel the risk environment is high, a significant and growing number are viewing resilience not as a defensive shield, but as a strategic path to growth, Beazley’s ‘Spotlight on Geopolitical & Economic Uncertainty 2025’ report revealed. The global business landscape is more volatile and unpredictable ... Read the full article

Peak Re secures KKR and Quadrantis Capital as new minority investors

21st October 2025

Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Limited (Peak Re), via Peak Reinsurance Holdings Limited. The transactions are expected to close in the fourth quarter ... Read the full article

Diversification key for reinsurer growth in current market conditions: Gallagher Re’s Egan

21st October 2025

Around the 2025 Baden-Baden Reinsurance Meeting, Dave Egan, reinsurance broker Gallagher Re’s Head of International Property Practice Group , highlighted that in order to maintain relevance and foster growth, reinsurers need to expand their offerings beyond traditional catastrophe coverage. In a recent interview with Reinsurance News, Egan described a market full ... Read the full article

Westfield Specialty Intl. appoints Sarah McNally as Head of Distribution

21st October 2025

Westfield Specialty International, part of the Westfield Group, a global re/insurance business with a growing presence in specialty markets, has appointed Sarah McNally as Head of Distribution, a newly created role. Based in London, McNally will report directly to Chief Underwriting Officer Jeremy Shallow. She will be responsible for developing and executing ... Read the full article