Reinsurance News
AM Best raises Milli Re ratings on stronger capitalisation
24th August 2026
Credit rating agency AM Best has raised the financial strength and credit ratings of Milli Re, a Türkiye-based reinsurer, following an improvement in the company’s risk-adjusted capitalisation and broader balance sheet fundamentals. The ratings agency has upgraded Milli Re’s Financial Strength Rating (FSR) to B- (Fair) from C++ (Marginal), while its ... Read the full article
Talbot appoints Peter Bremner as Active Underwriter for Lloyd’s Syndicate 1183
24th August 2026
Talbot Underwriting Ltd, an international insurer and reinsurer and part of AIG, has appointed Peter Bremner as Active Underwriter for Lloyd’s Syndicate 1183. Bremner brings 20 years of industry experience, with extensive Lloyd’s market expertise, strong market relationships and a track record of underwriting leadership and profitable growth. He joins Talbot from ... Read the full article
Broadstone hires Matthew Ford to lead its Insurance Advisory & Remediation division
24th August 2026
Broadstone, an independent UK financial services consultancy, has announced the appointment of Matthew Ford as Head of its Insurance Advisory & Remediation division. Ford brings deep practitioner expertise in delivering client-centric solutions across the insurance market and has held various leadership positions at both consulting and insurance firms. He joins Broadstone from ... Read the full article
InEvo Re gets A- rating and stable outlook from AM Best
24th August 2026
Credit ratings agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to InEvo Re, a Bermuda-based specialist life reinsurer backed by Macquarie Asset Management, with a stable outlook. AM Best explained that these ratings reflect the reinsurer's “very strong” ... Read the full article
Steadfast agrees to be acquired by Amwins and Dragoneer in A$7.7bn deal
21st August 2026
Steadfast Group has entered into a Scheme Implementation Deed (SID) with Amwins Australasia and Starboard BidCo, an entity indirectly owned by funds managed or advised by affiliates of Dragoneer and Kohlberg Kravis Roberts & Co. L.P., for the acquisition of all of the issued shares of Steadfast at an enterprise ... Read the full article
Africa Re reports $664.8m Insurance Service Revenue in H1’26, CoR of 84.7%
21st August 2026
Nigeria domiciled African Reinsurance Corporation has announced its unaudited financial results for the first half of 2026, reporting an 8.5% year-on-year rise in Insurance Service Revenue to USD 664.8 million. According to Africa Re, growth was recorded in the vast majority of the corporation's profit centres and supported by new business ... Read the full article
Allianz Commercial hires Emma Woolley as President of Global Specialty & UK Region
21st August 2026
Emma Woolley is set to join Allianz Commercial as President Global Specialty and UK Region, and will also join the Allianz Global Corporate & Specialty SE Board of Management, reporting to Thomas Lillelund, Chief Executive Officer (CEO), Allianz Commercial. Subject to regulatory approval, Woolley will join Allianz once her current professional ... Read the full article
Vessel owners to benefit from Blenheim Partnerships’ new-build delivery failure solution
21st August 2026
Blenheim Partnerships, part of the White Bear Group, has expanded its marine specialty risks offering with a new-build delivery failure insurance solution, Knot-on-Time. Led by Edward Parker as Senior Underwriter, Special Risks, the solution safeguards vessels owners against financial losses rising from delayed or failed ship deliveries. With ... Read the full article
Relm Insurance names Sue Crawford as Head of Distribution
21st August 2026
Relm Insurance, an insurer providing coverage for businesses operating in emerging and specialised sectors, has appointed Sue Crawford as Senior Vice President and Head of Distribution, reporting to Chief Underwriting Officer Shane Doyle and will be based in New York. In the new role, Crawford will oversee Relm’s distribution strategy and ... Read the full article
Noldor appoints Tom Anderson as Head of Sales
21st August 2026
Noldor, a company focused on transforming disjointed insurance data into a valuable asset driving the programme marketplace, has announced the appointment of Tom Anderson as Head of Sales. In his new role, Anderson will build and lead the sales organisation as Noldor expands across the US, Lloyd’s and London company markets. He ... Read the full article
Banyan Risk and Accredited partner to launch US Inland Marine & Marine Property product
21st August 2026
Specialist managing general agent (MGA) Banyan Risk has launched a new US Inland Marine & Marine Property product, with capacity provided by program partner Accredited Insurance Limited. The new line targets four core segments: Construction & Infrastructure (contractors' equipment, builders' risk, installation floater, riggers), Logistics, ... Read the full article
P&C insurers have the opportunity to turn profitability gains into a lasting advantage: Aon
21st August 2026
New analysis from global professional services firm Aon suggests that global property and casualty insurers are entering the next phase of the market cycle from a position of strength, creating an opportunity to turn recent profitability gains into long-term competitive advantage. The benefits of “acting now" are significant, Aon said, as ... Read the full article
Skyward Group sets out CFO succession plan ahead of Mark Haushill’s retirement
21st August 2026
Skyward Group, a specialty insurance organisation whose operating businesses include Skyward Specialty Insurance Group, Inc. and Apollo Group Holdings Ltd., has announced a planned change in its senior financial leadership, with current Chief Financial Officer Mark Haushill set to retire next year. Haushill will retire from his position on 31 March ... Read the full article
Malaysian Re drives 76.3% of MNRB’s profit after tax in Q1 FY’27
21st August 2026
MNRB Holdings Berhad’s wholly owned subsidiary, Malaysian Reinsurance Berhad (Malaysian Re), reported profit after tax of RM140.2 million for the first quarter of the financial year ending 31 March 2027, up 25.1% year over year from RM112.1 million and contributing 76.3% of the group’s overall profit after tax. Malaysian Re’s profit ... Read the full article
Offshore reinsurance deals continue to grow as ceded annuity reserves rise: AM Best
21st August 2026
Offshore reinsurance arrangements accounted for an increasing proportion of ceded annuity reserves during 2025, with the share rising to more than half of the total as insurers sought to manage capital requirements in an increasingly competitive market, according to AM Best, the global insurance credit rating agency, data provider and ... Read the full article
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