Reinsurance News

SiriusPoint posts $444m net income as 2025 underwriting profit soars

19th February 2026

SiriusPoint has reported net income available to common shareholders for the full year 2025 of $444 million, while consolidated underwriting income for the year expanded to $302.8 million from $276.4 million in 2024. The firm explained that the improvement in underwriting income was mainly driven by premium growth and a stronger ... Read the full article

HDI Global plans to expand in NA, Southeast Asia & Middle East

19th February 2026

HDI Global, a commercial and specialty lines insurer, has launched its new strategy for 2026 through 2029, “Xcelerate29”, targeted at selective international expansion and driving excellence in core business. The insurer will focus on expanding its specialty business across North America (NA), Southeast Asia and the Middle East, while further strengthening ... Read the full article

Arch Insurance International names new D&O and FI Underwriting Managers

19th February 2026

Arch Insurance International has announced the appointments of Antony Hope as Directors & Officers (D&O) Underwriting Manager and Sangeetha Mani as Financial Institutions (FI) Underwriting Manager. As part of the Executive Assurance division, Hope and Mani have been tasked with overseeing the underwriting activities for the open market Directors & Officers ... Read the full article

EMEA businesses need to strengthen cyber resilience for the AI era: Aon

19th February 2026

EMEA (Europe, the Middle East and Africa) businesses believe they are unprepared for artificial intelligence (AI)-powered cyber threats, a recent Aon poll revealed, highlighting the opportunity to strengthen AI-era cyber resilience. Polling during Aon’s 2025 Cyber Webinar gathered insights from 75 organisations from across EMEA regarding the adaptation to the rapid ... Read the full article

PIC completes £113m buy-in with the Sopra Steria Retirement Benefits Scheme

19th February 2026

PIC, a specialist insurer of defined benefit pension schemes, has completed a £113 million full buy-in with the Steria Management Plan Section of the Sopra Steria Retirement Benefits Scheme, successfully securing the benefits of all 355 Section members. Sopra Steria is a European technology company operating in nearly 30 countries and ... Read the full article

Zurich renews aggregate treaty, cites overall favourable pricing & stable conditions

19th February 2026

Insurer Zurich renewed its global aggregate catastrophe treaty at January 1st with an uplift in capacity, and also added cyber coverage to its global top catastrophe excess of loss treaty, and secured a higher retention for its Europe all perils reinsurance tower. Alongside its results for 2025, global insurer Zurich ... Read the full article

Santam becomes first BRICS-based insurer to set up presence in India GIFT City

19th February 2026

South African short-term insurer Santam has been granted a licence to establish a reinsurance branch office in the Gujarat International Finance Tec-City (GIFT City), India’s first operational greenfield smart city and International Financial Services Centre (IFSC). Santam Limited will operate the branch as an International Insurance Office (IIO) regulated by the ... Read the full article

Zurich’s P&C GWP surpassed $50bn for the first time in 2025

19th February 2026

Large insurer Zurich delivered strong top-line growth in 2025, as its property & casualty (P&C) segment exceeded gross written premiums (GWP) of $50 billion for the first time, a 5% increase like-for-like, as the segment’s business operating profit (BOP) reached $5.1 billion, an increase of 22% in US dollars and ... Read the full article

AXA XL promotes two leaders within Specialty Team Americas

19th February 2026

AXA XL, the property, casualty and specialty risk division of AXA, has confirmed the advancement of Mikki Williams and Doug Schmude to senior positions within its Specialty Team Americas. The moves are part of the company’s ongoing efforts to reinforce leadership across key specialty businesses in the region. Mikki Williams has been ... Read the full article

MNRB Q3’25 revenue rises 17.8% driven by Malaysian Re

19th February 2026

MNRB Holdings Berhad (MNRB) announced its financial results for the third quarter ended Dec 31, 2025, reporting a net profit of RM151 million, up from RM115.9 million a year earlier, with revenue rising 17.8% year-on-year to RM973.9 million from RM826.4 million. This growth was driven by improved contributions across all core ... Read the full article

Nick Lamparelli appointed Chief Programme Officer at Algorithmic Insurance Services

19th February 2026

Algorithmic Insurance Services, Inc., trading as LIRG, a specialist re/insurance platform focused on building, incubating and scaling managing general underwriters (MGUs) and managing general agents (MGAs) has appointed Nick Lamparelli as its new Chief Programme Officer. In this capacity, Lamparelli will lead the development and expansion of both LIRG-sponsored and third-party ... Read the full article

Synthetik’s modelled scenarios suggest UK SRCC losses could exceed £4bn

19th February 2026

Synthetik Insurance Technologies’ recent report highlighted the potential for losses stemming from strikes, riots and civil commotion (SRCC) to spread across the UK, with some modelled scenarios exceeding £4 billion. The report takes the form of four trigger-based vignettes or modelled scenarios. These are based on protests surrounding asylum hotels in ... Read the full article

Hymans Robertson promotes Tom Caron to Operations Lead for its Risk Transfer team

19th February 2026

Hymans Robertson, a pensions and financial services consultancy, has announced the promotion of Tom Caron to Operations Lead of its Risk Transfer team. In this role, Caron will have operational responsibility for the team, leading on resourcing, people development, knowledge sharing, and regulatory compliance. He will also continue to provide advice ... Read the full article

Suncorp weighs additional reinsurance protection amid favourable conditions

18th February 2026

With natural hazard costs rising sharply to AU$1.319 billion in H1 2026, Suncorp executives have indicated the group may revisit its use of additional protections, including the potential purchase of a new aggregate reinsurance treaty, amid increasingly favourable conditions in the softening reinsurance market. Alongside the group’s H1 2026 results ... Read the full article

Former KPMG international tax specialist joins Gallagher’s Private Equity and M&A practice

18th February 2026

Gallagher, a global insurance broking and risk management company, has announced the appointment of Adriana Carvalho Assuncao, a specialist international tax and M&A lawyer, as a Director within its fast-growing Private Equity and M&A practice. Carvalho Assuncao, who is joining Gallagher’s UK-based team of the global practice, brings over ten years ... Read the full article