Reinsurance News

Adam Bass to succeed Guy Ellis as Hiscox Head of Marine & Aviation Treaty

27th July 2026

Adam Bass has been appointed Head of Marine & Aviation Treaty at Hiscox, an international specialist insurer, succeeding market veteran Guy Ellis, who is to retire later this year. Bass brings extensive institutional knowledge and technical expertise to the role, having joined Hiscox in 2006 as a Fine Art & Specie ... Read the full article

Price Forbes expands cross-class Lectio facility to include casualty lines

27th July 2026

Price Forbes, a specialist insurance and reinsurance broker, has announced the expansion of its cross-class follow facility, Lectio, to include casualty lines. Initially launched in April 2021, Lectio provides Price Forbes' clients and brokers with guaranteed access to its exclusive capacity. The platform began offering cargo, specie, financial products, healthcare and marine ... Read the full article

Ageas Re continued to grow its 3rd Party Business in 2026 despite deteriorating market conditions

27th July 2026

Ageas Re, the reinsurance division of international insurance group Ageas, delivered strong growth in 3rd Party Business during its January-July 2026 renewal campaign, driven by increased shares on selected programmes and substantial new business generation. During the period, the reinsurer continued to grow its 3rd Party Business portfolio and also further ... Read the full article

MS Transverse’s new E&S front Newhall gets A+ rating by AM Best

27th July 2026

Credit ratings agency AM Best has assigned MS Transverse's new excess and surplus (E&S) entity, Newhall Specialty Insurance Company (NSIC), a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa” (Superior), with a stable outlook. MS Transverse Insurance Group is a property and casualty carrier and ... Read the full article

Tokio Marine HCC names Megann Pfeffer President of Public Risk Group

27th July 2026

Tokio Marine HCC (TMHCC), a Houston, Texas-headquartered specialty insurance company, has announced the appointment of Megann Pfeffer as President of its Public Risk Group, with the role taking effect immediately, reporting to Matt Overlan, Chief Executive Officer of Tokio Marine HCC – Specialty Group. Pfeffer joined the organisation in 2022 as ... Read the full article

AM Best affirms Fortitude Re’s ratings and revises outlook to stable

27th July 2026

AM Best has revised its outlook for FGH Parent, L.P. and its subsidiaries (collectively referred to as Fortitude Re) to stable from negative, while affirming their Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent). The insurance and reinsurance subsidiaries of FGH Parent, L.P. consist of ... Read the full article

Coalition’s cyber risk management platform new feature to help prevent business email compromise

27th July 2026

Coalition, and active insurer focused on preventing digital risks, has launched Login Security, a new feature in its cyber risk management platform, Coalition Control, that helps small and midsize businesses (SMBs) prevent business email compromise (BEC). To help prevent BEC - which saw a 15% increase in ... Read the full article

Kinsale’s net income jumps 31% to $175.9m in Q2’26

24th July 2026

Kinsale Capital Group, Inc. has reported a net income of $175.9 million for the second quarter of 2026, up 31% from $134.1 million in the same period a year prior. Net income included after-tax catastrophe losses of $4.2 million, compared with $2.9 million in Q2’25. Gross written premiums decreased by 5% to ... Read the full article

Paul J. Stock named president of Berkley’s Carolina Casualty

24th July 2026

Re/insurance holding company W.R. Berkley Corporation has announced the appointment of Paul J. Stock as president of Carolina Casualty, effective immediately. Stock brings over two decades of experience in the property and casualty insurance industry to his new role, with a focus on the transportation sector across multiple disciplines, including claims, ... Read the full article

Allianz to acquire HSBC Life Singapore

24th July 2026

Global insurer Allianz Group (Allianz), through its wholly owned subsidiary Allianz Asia Holding Pte Ltd, has agreed to acquire composite insurer HSBC Life Singapore Pte Ltd (HSBC Life Singapore) from HSBC Holdings plc (HSBC Group), subject to regulatory approval. HSBC Life Singapore has a strong presence in the country’s life and ... Read the full article

Mapfre Re’s net profit climbs 24.6% to €186m in H1’26

24th July 2026

Mapfre Re, the reinsurance arm of Mapfre, has reported net earnings of €186 million in the first half of 2026, up 24.6% compared to the same period a year earlier. The performance was driven by the strong results of the Reinsurance Unit, which increased net earnings to more than €165 million, ... Read the full article

Universal’s net income rises 69% to $59.2m in Q2’26

24th July 2026

Universal Insurance Holdings has reported net income available to common stockholders of $59.2 million in the second quarter of 2026, up 69% from $35.1 million in the prior year quarter. For the quarter, adjusted net income available to common stockholders was $53.4 million, compared with $35.7 million in Q2’25. Universal attributed the ... Read the full article

Mandarin Re appoints Patrick G. W. Ward as a Board Member

24th July 2026

Mandarin Re, a Malaysia-based reinsurance company, has appointed Patrick G. W. Ward as a Member of its Board of Directors. This appointment reflects Mandarin Re's continued commitment to strong governance and long-term, sustainable growth. The reinsurer commented, "We are confident that Patrick's experience and industry perspective will make a valuable contribution to ... Read the full article

AI agents can help insurers preserve & harness critical institutional knowledge: ERGO & Google Cloud

24th July 2026

A recent report from ERGO, in collaboration with Google Cloud, explores how self-evolving AI agents could help insurers capture, preserve and scale undocumented institutional knowledge at risk of being lost, making it accessible across the organisation over the long term. The ERGO Innovation Lab has published a report in cooperation with ... Read the full article

The Hartford sees strong Q2’26 results with 31% net income growth

24th July 2026

US-based insurer The Hartford has announced its financial results for the second quarter of 2026, reporting an increase in net income, to $1.3 billion, and 3% growth in Property & Casualty (P&C) written premiums compared to the same period last year. According to the firm, the increase in Q2 2026’s P&C ... Read the full article