Reinsurance News
Gammon appointed Head of Marine & Aviation, AXIS Global Markets
24th December 2025
Lee Gammon has been promoted to the newly created position of Head of Marine & Aviation of AXIS Global Markets, the global insurance and reinsurance operations of AXIS Capital, effective January 1, 2026. Gammon has been with the company since 2010, when he joined Novae as a Marine Liability underwriter. He became ... Read the full article
Globe Life establishes Bermuda reinsurance affiliate
24th December 2025
Globe Life Inc., a US-domiciled holding company specialising in life and supplemental health insurance, has announced the formation and licensing of Globe Life Re Ltd. as a Bermuda Class C insurer to provide reinsurance support for insurance business written by affiliated entities within the Globe Life Inc. group. According to Globe ... Read the full article
Howden advises K2 on launch of Lloyd’s Syndicate 1954
24th December 2025
Howden Capital Markets & Advisory and Howden Capital Solutions will serve as financial advisors to MGA platform K2 Insurance Services as it launches Syndicate 1954 for the 2026 YOA, in partnership with Dale Underwriting Partners, the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729. Last month, Dale Underwriting ... Read the full article
Freedom to buy outstanding shares of Concert
24th December 2025
The shareholders of Concert Group Holdings, Inc., a specialised insurance holding company known for providing tailored solutions to programme insurance markets, have agreed to allow founding shareholder Freedom Underwriters LLC (Freedom) to purchase all outstanding shares from current shareholders WT Holdings, Inc. (WT) and Century Focused Fund IV, LLC (Century). This ... Read the full article
Cyber risk to grow more systemic in 2026 as digital dependencies deepen: Coalition
24th December 2025
According to executives at Coalition, cyber risk in 2026 will be defined less by isolated breaches and more by hidden interdependencies that drive correlated, systemic loss, forcing re/insurers to demand deeper technical clarity, stronger underwriting discipline, and broader coverage responses. A host of executives from Coalition have shared their perspectives on ... Read the full article
Zurich North America enhances underwriting efficiency with Convr AI
24th December 2025
Zurich North America, the commercial property and casualty insurer, is expanding its relationship with Convr AI to improve underwriting efficiency and better serve its customers through Convr's AI-powered underwriting workbench. Founded in 2016, Convr AI is a modularised artificial intelligence (AI) underwriting, data, and intelligent document automation workbench company serving commercial ... Read the full article
Amiga Specialty welcomes David Filtness as MD, Professional Indemnity
24th December 2025
Amiga Specialty, an independent international managing general agent (MGA) headquartered in London, has announced the appointment of David Filtness as Managing Director, Professional Indemnity. In his new position, Filtness will lead the development of Amiga’s Professional Indemnity proposition, further strengthening the specialist MGA’s financial lines offering following its launch earlier ... Read the full article
Mosaic increases Canada cyber risk capacity to $25m
24th December 2025
Mosaic Insurance, a specialty insurer focused on financial institutions and cyber risk, will increase its cyber-risk capacity per risk in Canada to $25 million (CAD 40 million), starting January 1st, 2026. The move, which more than doubles the insurer’s previous limit of $10 million (CAD 15 million), aims to allow the ... Read the full article
IMAC introduces 2026 Executive Committee and launches talent development initiative
24th December 2025
The Insurance Managers Association of Cayman (IMAC), a professional body representing insurance managers, captive insurance companies, and service providers while acting as a key liaison with government and regulators in the Cayman Islands, revealed its 2026 Executive Committee during its Annual General Meeting on December 11, 2025. The new committee brings ... Read the full article
Jeffrey Loop appointed AXA XL’s Head of Media Liability
24th December 2025
AXA XL, the property and casualty division of global insurer AXA Group, has announced the appointment of Jeffrey L. Loop as the new Head of Media Liability. Based in Los Angeles, Loop will report to Michelle Chia, Chief Underwriting, Cyber, Design & Select Professional. In his new role, Loop will lead AXA ... Read the full article
AM Best assigns Credit Ratings to Prismic Life Re and PL Re International
24th December 2025
AM Best has assigned Credit Ratings to Prismic Life Reinsurance, Ltd. (Prismic Life Re) and Prismic Life Reinsurance International, Ltd. (PL Re International), both domiciled in Bermuda, with a stable outlook. The ratings agency assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) ... Read the full article
Trueman and Shaw join Everest’s Global Wholesale & Specialty Insurance division
23rd December 2025
Everest Group, a Bermuda-based insurer and reinsurer, has announced two senior leadership appointments within its Global Wholesale & Specialty (GWS) Insurance division. Paul Trueman has been named Head of International, Global Wholesale & Specialty. In this role, he will oversee Everest’s underwriting, distribution, and portfolio strategy across international markets and lead ... Read the full article
Tokio Marine HCC to enhance underwriting efficiency with Cytora partnership
23rd December 2025
Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, has entered a strategic collaboration with Cytora to enhance its underwriting workflow efficiency with artificial intelligence. By integrating Cytora’s AI-powered platform, TMHCC aims to streamline the processing ... Read the full article
Inigo secures $255m of retro reinsurance with fifth cat bond
23rd December 2025
Specialist insurer and reinsurer Inigo Limited has returned to the catastrophe bond market for the fifth consecutive year, issuing its largest series of cat bonds totalling $255 million via Montoya Re Ltd., featuring multiple tranches and introducing cover for Australian earthquake risk for the first time. Inigo’s Syndicate 1301 at Lloyd’s ... Read the full article
Affiliated investments surge among US Life/Annuity insurers: AM Best
23rd December 2025
AM Best, a credit rating agency specialising in the insurance industry, has released new findings on the rapid expansion of affiliated investments across US life/annuity (L/A) companies. Affiliated investment growth among US L/A insurers has accelerated markedly since 2018, and AM Best reports that 2024 alone saw a year-over-year increase of ... Read the full article
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