Reinsurance News
Accelerant expects revenue to rise 51% for FY’25
27th February 2026
Accelerant Holdings, a services and data platform providing insurance through the Accelerant Risk Exchange, has disclosed a preliminary unaudited full-year 2025 revenue increase of 51% year over year to $913 million. The revenue for the fourth quarter of 2025 is expected to be $248 million, an increase of 30% compared to ... Read the full article
Galaxy Insurance Consultants (Singapore) obtains MAS Reinsurance Broking Licence
27th February 2026
Galaxy Insurance Consultants (Singapore) has announced it has officially been granted a Reinsurance Broking Licence by the Monetary Authority of Singapore (MAS). This regulatory approval allows the form to bridge the gap between regional clients and the global reinsurance market. “This significant achievement strengthens our position as a trusted insurance partner in ... Read the full article
Consilium establishes Energy Risk Solutions Division and names Johnny Hilliard as Managing Partner
27th February 2026
Consilium, an independent global specialty re/insurance broker, has confirmed the creation of its Energy Risk Solutions Division and the appointment of Johnny Hilliard as Managing Partner. He will join the firm after completing his current notice period and will be responsible for developing its presence in the international energy insurance market. Hilliard ... Read the full article
Aon advises on pension risk settlement for Mouchel Business Services Scheme
27th February 2026
Aon, an international professional services firm, has advised the Mouchel Business Services Limited Pension Scheme (Money Purchase Section) (MBS-MP), sponsored by Kier Group, on a transaction to secure all members’ benefits with Just Group, with the arrangement being supported by the Smart Pension Master Trust. The Mouchel Money Purchase Section operated ... Read the full article
Ascot adds Walch-Watson and Gallagher to Board of Directors
27th February 2026
Ascot Group Limited, a global specialty insurance company based in Bermuda, has announced the appointment of Patrice Walch-Watson and Christopher Gallagher to its Board of Directors. Kewsong Lee, Chairman of the Board of Ascot Group Limited, commented on the appointments: "Patrice and Chris are exceptional executives whose combined leadership, insights, and ... Read the full article
AM Best upgrades outlooks to positive for Starr subsidiaries
27th February 2026
AM Best has upgraded the outlooks to positive from stable and reaffirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) for the insurance subsidiaries of Starr International Company, Inc., the Switzerland-based private investment holding company. The rating actions apply to the member companies ... Read the full article
1089 collaborates with Price Forbes & Oka to launch carbon asset insurance framework
27th February 2026
1089 Inc., a carbon asset infrastructure company, has collaborated with Price Forbes and Oka to introduce a carbon asset insurance framework for the transportation and energy sectors. The framework is designed to bring institutional safeguards, disciplined financial architecture, and verifiable data integrity to carbon markets. It offers defined risk coverage for 1089’s ... Read the full article
Oman Re and Gallagher Re support new mandatory nat cat cover for motor insurance
27th February 2026
The Sultanate of Oman has introduced mandatory natural catastrophe coverage within the Unified Motor Insurance Policy, the first such initiative in the Gulf Cooperation Council (GCC) region, developed through close collaboration with Oman Re, Gallagher Re, and the Oman Insurance Association. Driven by the Financial Services Authority, the new framework became ... Read the full article
Gen AI could unlock $50-$70bn in insurance revenue, estimates McKinsey & Company
27th February 2026
McKinsey & Company, a management consulting firm, argues that artificial intelligence (AI) represents one of the most significant opportunities for value creation within the insurance industry. In its analysis, McKinsey & Company maintains that the sector’s structural characteristics, including fragmented workflows and extensive repositories of structured and unstructured data, position it ... Read the full article
The Baldwin Group sees total revenue increase 8% to $1.5bn in 2025
27th February 2026
Following what it described as a “year of significant progress” in 2025, The Baldwin Group has reported total revenue of $1.5bn, an increase of approximately 8% year on year, and authorised a $250m share repurchase programme. Despite the top-line improvement, Baldwin recorded a GAAP net loss of roughly $54 million for ... Read the full article
Bishop Street Underwriters gets $125m funding from White Mountains
27th February 2026
Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has received a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd. Recently, in its 2025 result announcement, Bishop Street disclosed that it surpassed $650 million in gross written premium while having a sub-50% portfolio loss ratio. Earlier this ... Read the full article
Geopolitical shifts present strategic challenges and opportunities, says Marsh
27th February 2026
Marsh, a firm specialising in risk, reinsurance, capital, and management consulting, has highlighted the growing challenges posed by an accelerating geopolitical transition. According to Marsh, this period represents a level of complexity not seen in decades, with implications for trade, finance, conflict, and digital infrastructure. Marsh suggests that organisations that view this ... Read the full article
Exzeo Group announces flood insurance partnership with Tokio Marine Highland
27th February 2026
Exzeo Group, Inc., a technology-driven insurance distribution and services company, has announced a strategic partnership with Tokio Marine Highland, a wholly owned subsidiary of Tokio Marine Kiln, an international specialty insurer. Through this agreement, Exzeo will distribute TMH2O, Tokio Marine Highland’s primary residential flood insurance product. The addition of TMH2O expands ... Read the full article
VIG Re becomes an Associate Member of the SRA
27th February 2026
VIG Re, the reinsurance arm of Vienna Insurance Group, has announced that it has become an Associate Member of the Singapore Reinsurers’ Association (SRA). Established in 1979, the SRA plays a key role in fostering dialogue, professional excellence, and collaboration across the re/insurance industry. VIG Re said that joining the association marks ... Read the full article
Despite some taking more risk, Swiss Re’s ‘share of wallet didn’t reduce’ at Jan renewal: CEO Berger
27th February 2026
Although some large buyers of reinsurance decided to take more risk at the January 1st renewal season, global reinsurer Swiss Re's share of wallet in the market didn't reduce as buyers still need lead reinsurance partners, according to Andreas Berger, Group Chief Executive Officer (CEO) at Swiss Re, one of ... Read the full article
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