Reinsurance News
AXIS to acquire renewal rights to DUAL North America’s Excess Liability business
6th August 2026
AXIS Capital Holdings Limited, a Bermuda-based global specialty insurer and reinsurer, has announced it has agreed to acquire the renewal rights to DUAL North America’s (DUAL) Excess Liability business. DUAL operates as a specialty program administrator and part of DUAL Group, the specialist underwriting arm of Howden Group. As part of the ... Read the full article
Zurich reveals cat reinsurance towers, separates US peak perils protection
6th August 2026
Large European insurer Zurich has disclosed its catastrophe reinsurance towers after the mid-year renewals, which for the first time breaks out its US peak perils protection, and reveals slight adjustments to its US all perils and Europe all perils arrangements. As we reported previously, Zurich recently secured a $1 billion ... Read the full article
Fitch upgrades ASR Re’s ratings citing profitability, capitalisation and continued expansion
6th August 2026
Fitch Ratings has upgraded ASR Re's Insurer Financial Strength (IFS) Rating to 'A-' from 'BBB+', citing the firm's strengthened company profile, driven by the continued expansion of its business franchise across Africa and other developing markets, while maintaining strong profitability and capitalisation. ASR Re is a Bermuda-based reinsurer that operates as ... Read the full article
Zurich gets $1bn reinsurance protection for data centres as profit hits all-time high of $4.8bn
6th August 2026
For the first half of 2026, large insurer Zurich has reported accelerated growth across all areas, with momentum propelled by specialty, middle market, life and farmers, where demand is being driven by technology advancements, construction, evolving protection needs and shifting market dynamics. To comply with this growing demand, Zurich has entered ... Read the full article
Everest agrees to sell Mexico insurance business to Fairfax
6th August 2026
Bermuda-based insurer and reinsurer Everest Group, Ltd. has agreed to sell its Mexico insurance operations to Fairfax Financial Holdings Limited, a Canadian diversified financial holding company, subject to customary regulatory approvals and closing conditions. The sale of Compañía de Seguros Generales Everest México S.A. de C.V. (Everest Mexico) to Fairfax follows ... Read the full article
Munich Re agrees $3.2bn long-term care reinsurance transaction with Manulife
6th August 2026
Munich Re has agreed to assume the biometric risk on a $3.2 billion block of long-term care policies from Manulife Financial Corporation through its US life reinsurance subsidiary, Munich American Reassurance Company (Munich Re Life US). According to Manulife, the transaction, expected to close in Q4 2026 pending regulatory approvals, highlights ... Read the full article
InsurTech funding hits four-year high as AI firms capture 99% of investment: Gallagher Re
6th August 2026
Gallagher Re's latest Global InsurTech Report found that InsurTech funding surged to $2.44bn in Q2 2026, the highest quarterly total since Q2 2022, with AI-focused companies attracting 99.1% of all funding during the period, raising $2.42bn across 95 deals. What's more, according to Gallagher Re, every funding round in Q2 2026 ... Read the full article
Swiss Re delivers 9% rise in net income as P&C combined ratio strengthens to 76.7% for H1’26
6th August 2026
Swiss Re, one of the world's largest reinsurance companies, generated net income of $2.8 billion for the first half of 2026, a rise of 9% on the prior year, driven by strong contributions from all business units. Group-wide, ROE was 22.7% for H1'26, down slightly on the prior year's 23%, as ... Read the full article
Asia-Pacific data centres face rising climate risks: HDI Global
6th August 2026
HDI Global, a commercial and industrial insurer within the HDI Group, says data centre operators across Asia-Pacific are facing increasingly complex natural catastrophe (NatCat) and climate-related risks as demand for digital infrastructure continues to grow. According to the company, resilience can no longer rely on conventional approaches to site selection, construction ... Read the full article
Assumed reinsurance drives premium growth for Global Indemnity in Q2’26
6th August 2026
Global Indemnity Group, LLC (GBLI) has reported that Belmont Core gross written premiums (GWP) grew 7% year on year to $117.3 million in the second quarter of 2026 from $109.8 million, supported by 79% growth in its assumed reinsurance business. Belmont Core is GBLI’s primary operating segment, focusing on specialty property ... Read the full article
Sengupta appointed Director of Marine Claims & Client Relations for Tysers Singapore
6th August 2026
Tysers Singapore, a specialist insurance and reinsurance broker, has announced the appointment of Prantika Sengupta as Director of Marine Claims & Client Relations. A strategic leader with 15 years of experience across maritime law, insurance and reinsurance, claims management and dispute resolution, Sengupta brings a strong track record in handling intricate ... Read the full article
CatIQ closes book on record 2024 Calgary hailstorm with CAD 3.35bn industry loss estimate
5th August 2026
Catastrophe Indices and Quantification Inc (CatIQ), the independent Toronto-based organisation that provides industry-wide catastrophe insurance data and is a subsidiary of PERILS, has disclosed its sixth and final industry loss estimate for the hailstorm that struck Calgary, Alberta, Canada, on 5 August 2024, at around CAD 3.35bn. This figure is ... Read the full article
Antares announces new leadership structure, Tabbakh to oversee Global business
5th August 2026
Antares Global, an international specialty insurance and reinsurance group, has announced a new leadership structure, with Ahmed El Tabbakh, QIC’s Group Chief Business Officer – International, assuming the oversight of the business. The restructured organisation will maintain key leadership across its core business units while refining executive roles. Read the full article
James Hebert named Head of US Financial Lines, Rokstone
5th August 2026
Rokstone, an international specialty re/insurance managing general agent (MGA), has appointed James Hebert as Head of US Financial Lines to lead the launch of its new US Errors & Omissions (E&O) Division. In his new role, Hebert will be based in New York and will lead the build out of the ... Read the full article
Fitch reports growing governance considerations for US life insurers following Delaware life investment reclassification
5th August 2026
Fitch Ratings, the credit ratings agency, has highlighted the potential governance implications for the US life insurance sector following Delaware Life Insurance Company’s recent reclassification of certain investments as affiliated holdings. The agency said the development reflects a broader trend as life insurers increase their use of private credit, affiliated asset ... Read the full article
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