Reinsurance News
Gallagher strengthens Romero Group with key appointments
20th February 2026
Gallagher, a global insurance broking and risk management company, has announced two key leadership appointments in Romero Group, which includes the Club Insure, NDML and Sentient brands. Jonathan Webb will be joining the Romero Group as Regional Managing Director on 23 February, and will be in charge of overseeing all aspects ... Read the full article
QBE FY25 net profit reaches $2.157bn with improved 91.9% CoR
20th February 2026
International insurer and reinsurer QBE has announced its financial results for the full year 2025, reporting a net profit after tax of $2,157 million and an improved combined operating ratio of 91.9%. FY 2025 net profit after tax increased from $1,779 million reported in FY24. On an adjusted basis, net profit after tax ... Read the full article
Asset-intensive reinsurance expands globally with competition intensifying: PwC
20th February 2026
Asset-intensive reinsurance (AIR) is expanding globally, with activity still concentrated in the US, while transactions gain momentum in the Asia-Pacific, the UK, and Europe, according to PwC. AIR refers to reinsurance transactions of insurance products—typically long-duration life and annuity products—where both asset and insurance risks are transferred from the cedent to ... Read the full article
Convex delivers strong underwriting performance in 2025 as GWP nears $6bn
20th February 2026
Specialty insurer and reinsurer Convex achieved a 14% year-on-year rise in gross written premiums (GWP) to $5.9 billion in 2025, resulting in a three year compound annual growth rate of 25%, with expansion in most business lines despite the impacts of the California wildfires and other major events and catastrophes. Paul ... Read the full article
American Coastal’s net income rises 437% in Q4’25
20th February 2026
American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported a net income of $26.6 million for the fourth quarter of 2025, representing a 437% increase from $4.9 million in the same period a year earlier. The company attributed the increase to lower losses and loss adjustment expenses ... Read the full article
Marsh Risk launches new excess facility to support US digital infrastructure growth
20th February 2026
Marsh Risk, a business of broker and risk advisor Marsh, has launched Nimbus Casualty, a dedicated insurance facility designed to provide excess general liability protection for digital infrastructure projects across the US during the construction phase. Nimbus Casualty is structured to provide significant financial protection for developers, owners, and operators, offering ... Read the full article
Record underwriting profit in 2025 drives best ever year for Fairfax Financial
20th February 2026
Fairfax Financial has revealed that all of its major insurance and reinsurance segments achieved combined ratios below 100% in 2025 for a consolidated combined ratio of 93% and record underwriting profit of $1.8 billion. Prem Watsa, Chairman and Chief Executive Officer of Fairfax, hailed 2025 as the strongest year in the ... Read the full article
J.B. Boda & Co. appoints Rajesh Sinha as CEO & MD – APAC
20th February 2026
J.B. Boda & Co., the overseas company of international re/insurance broker J.B. Boda Group, has announced the appointment of Rajesh Sinha as Chief Executive Officer & Managing Director – APAC. A globally recognised insurance and reinsurance executive, Rajesh is a seasoned C-suite leader bringing more than 36 years of regional and ... Read the full article
PERILS places first industry loss from Windstorm Goretti at €467m
20th February 2026
PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for extratropical windstorm Goretti, which affected southwestern England, northern France, and Belgium from 8 to 9 January 2026 at €467 million. The PERILS estimate of the insurance market loss from Windstorm Goretti, which is also known ... Read the full article
Lockton appoints Renuka Nar as Director, Head of L&H Reinsurance, India
20th February 2026
Lockton, an independent insurance broker, has announced the appointment of Renuka Nar as Director – Head of Life and Health Reinsurance, India. In her new role, Nar will lead the Life and Health Reinsurance practice in India, focusing on building long-term partnerships, enhancing client value, driving innovation in the market, and ... Read the full article
Hamilton grows top-line 21% as net income rises to $577m in 2025
20th February 2026
Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, generated net income of $577 million in 2025, an increase of 44% year-on-year, as the underwriting result dipped very slightly but remains strong with a combined ratio of 92.9%. The Bermudian re/insurer had a strong 2025, recording gross premiums written (GPW) growth ... Read the full article
Chubb promotes Scott Henck to Group Actuary
20th February 2026
Large US insurer Chubb has promoted Scott Henck to the role of Senior Vice President (SVP) for the Group and Chief Actuary, effective April 1st, 2026. He will have a dual reporting line to Evan G. Greenberg, Chairman and Chief Executive Officer (CEO) of Chubb and to Peter Enns, Executive Vice ... Read the full article
QBE sees ‘strong & sustainable’ outcome at Jan 1 as retentions fall again
20th February 2026
Alongside its full-year 2025 results, QBE has also provided an update on its January 1, 2026, reinsurance renewal, where it secured a further reduction in retentions on its main catastrophe reinsurance tower amid favourable market conditions. QBE CFO Chris Killourhy said his firm delivered another strong and sustainable reinsurance outcome at ... Read the full article
Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit
20th February 2026
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months. The business unit being acquired by Swiss Re operates across Australia, New Zealand, and ... Read the full article
EMEA re/insurer ratings show improvement in 2025, AM Best report finds
20th February 2026
Ratings of insurers and reinsurers across Europe, the Middle East, and Africa (EMEA) showed improvement in 2025, according to a new report from AM Best, a credit rating agency specialising in the insurance sector. The findings are presented in the report “Benchmarking EMEA Ratings – Improving Credit Quality, but Common Themes ... Read the full article
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