Reinsurance News

Disciplined underwriting drives strong 2025 results for Oman Re

6th March 2026

Oman Re, the Sultanate’s first and only reinsurer, has reported reinsurance revenue of OMR 54.3 million ($141.2 million) for the full year 2025, marking a 9% increase from OMR 49.9 million ($129.8 million) in 2024, while net profit after tax climbed 54% to reach OMR 4.6 million ($12.1 million). Notably, in ... Read the full article

Athora raises €3.5bn to fund approved Pension Insurance Corporation acquisition

6th March 2026

Athora, a European savings and retirement services group, has secured €3.5 billion of common equity commitments from a broad base of investors, with the majority of the proceeds expected to fund the acquisition of Pension Insurance Corporation Group (PICG), alongside remaining equity commitments from Athora’s 2022 capital raise. Athora ... Read the full article

Commercial insurers best positioned to benefit from AI in P&C sector: Goldman Sachs

6th March 2026

Goldman Sachs, an investment bank and financial services company, has published an analysis exploring how artificial intelligence could influence the property and casualty (P&C) insurance sector. In the report, Goldman Sachs says it has developed what it describes as "an initial framework to assess the impact of AI across P&C insurance ... Read the full article

Liberty Mutual places $2.75bn property cat occurrence tower, raises aggregate attachment

6th March 2026

Global insurer Liberty Mutual Group renewed its property catastrophe reinsurance programme at the January 1st, 2026, renewals, securing $2.75 billion of occurrence limit excess a $1 billion retention, alongside $500 million of tail aggregate cover and $100 million of aggregate protection "closer to income-volatility protection." For 2026, the retention for the ... Read the full article

Gulf shipping tensions prompt war risk reassessment by marine insurers: IUMI

6th March 2026

War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available, although insurers are reassessing their appetite for exposure as tensions in the Middle East disrupt shipping routes and threaten supply chains, according to the International Union of Marine Insurance (IUMI). The marine insurance body said war cover ... Read the full article

Huntington Advisory strengthens German presence with Alexander Ankel hire

6th March 2026

Huntington Advisory, a global strategic advisory practice focused on financial institutions, has announced the appointment of Alexander Ankel as Senior Advisor, based in Düsseldorf. The appointment accelerates the firm’s European expansion strategy. As the German re/insurance industry navigates a complex landscape of regulatory change, low yields, digital transformation, and significant consolidation, ... Read the full article

Insurance AI deployments jump 87% as GenAI and agentic systems expand, says Evident

6th March 2026

The global insurance sector has seen an 87% year-on-year increase in artificial intelligence deployments, according to research by Evident, a London-based provider of AI intelligence and analytics for the insurance industry. Using its Evident AI Use Case Tracker for Insurance, which it describes as a comprehensive database of AI initiatives in ... Read the full article

Jio Financial invests ₹147.45 crore in JV Allianz Jio Reinsurance

6th March 2026

Jio Financial Services Limited has subscribed to and has been allotted 14,74,50,000 equity shares worth ₹10 each of its joint venture Allianz Jio Reinsurance Limited, according to a filing with the National Stock Exchange of India Limited (NSE). With the latest investment, Jio Financial's total aggregate investment in the previously ... Read the full article

Westfield Specialty International adds Piper as Deputy Class Underwriter, Marine Liability

6th March 2026

Westfield Specialty International, a specialty insurance provider, has appointed Abigail Piper as Deputy Class Underwriter, Marine Liability, thereby strengthening its marine proposition. In her role, Piper will be based in London and report directly to Simon Engelen, Class Underwriter, Marine Liability. This appointment is the latest in a series of hires to ... Read the full article

QBE appoints Melody Lyndon-Stanford as Head of Client Engagement

6th March 2026

Global insurer QBE has announced the appointment of Melody Lyndon-Stanford as Head of Client Engagement, effective June 2026. In this newly created role, Lyndon-Stanford will be based in London and report to Matt Lacy, Director of Client Proposition for QBE’s European Operations. She will shape QBE’s client engagement strategy across industries, geographies ... Read the full article

Antares’ Commercial premiums rise 11.4% as overall CoR improves in 2025

6th March 2026

Antares Group, the UK- and Bermuda-based insurer owned by Qatar Insurance Group, announced that its Commercial division, comprising Lloyd’s Syndicate 1274 and the Antares Reinsurance business in Bermuda, saw premiums rise 11.4% year-on-year to $869 million in 2025. In 2024, Antares restructured its business into three divisions, with its core operations ... Read the full article

Aviva’s general insurance premiums exceed £14bn in 2025

6th March 2026

British insurer Aviva has reported an 18% hike in general insurance (GI) premiums to £14.1 billion for the full year of 2025 compared to £12.2 billion for FY’24, with an improved undiscounted combined ratio of 94.6%. 2025 was a strong year for Aviva, with the company delivering continued profitable growth momentum, ... Read the full article

Julie McKenna named VP of Sales, North America at mea Platform

6th March 2026

mea Platform, an AI-driven insurance technology company, today announced that Julie McKenna has been appointed Vice President of Sales, North America. The move strengthens mea’s leadership team as the company scales mea Operations, following a $50 million growth equity investment from SEP. McKenna brings nearly 30 years of experience across the property ... Read the full article

TMK adds Sarah Tidbury as Portfolio Solutions Underwriter

6th March 2026

Tokio Marine Kiln (TMK), a global specialty insurer, has appointed Sarah Tidbury as Portfolio Solutions Underwriter, effective immediately. She reports to Rob Jarvis, Head of Innovation Underwriting. This appointment reflects TMK's continued investment in innovative portfolio-based, cross-class insurance solutions, particularly those distributed through a variety of channels such as algorithmic platforms, broker ... Read the full article

Madagascar secures $29m parametric payout following tropical cyclones

5th March 2026

Following tropical cyclones Fytia and Gezaniver, which affected more than half a million people and caused widespread damage to infrastructure, livelihoods and essential services across several regions of Madagascar, $29 million has been mobilised to support response and recovery efforts through a combination of pre-arranged parametric financing solutions facilitated by ... Read the full article