Reinsurance News
Liberty names Jimmy Tong as CEO Singapore
6th February 2026
Liberty Mutual Insurance Group’s newly unified Singapore business, Liberty, has appointed Jimmy Tong as Chief Executive Officer (CEO), effective 27 April 2026. Liberty previously operated in Singapore through Liberty Insurance and Liberty Specialty Markets, which were combined under a single insurance licence on 1 January 2026, with Liberty Insurance transferring its ... Read the full article
RGA signals confidence as 2025 net income reaches $1.18bn
6th February 2026
Reinsurance Group of America, Incorporated (RGA) has disclosed full year 2025 net income available to its shareholders of $1.182 billion, up from $717 million in 2024. Adjusted operating income was also up for the full year 2025, reaching $1.518 billion, compared with $1.342 billion in 2024. Meanwhile, RGA's net premiums in 2025 ... Read the full article
De Jesus to drive MNK Group’s global M&A as Chief Strategy and Development Officer
6th February 2026
MNK Group, a global independent group of insurance and reinsurance companies, has announced the appointment of Matthew De Jesus as Chief Strategy and Development Officer. In his new role, De Jesus will be responsible for leading MNK’s group-level strategy and global M&A, translating its growth ambitions into actionable agreements and strategic ... Read the full article
Primary insurers to absorb up to $7bn Winter Storm Fern industry loss: Fitch
6th February 2026
Credit ratings agency, Fitch Ratings, expects Winter Storm Fern to incur insured losses of between $4 billion and $7 billion, with primary insurers poised to absorb the event as while damaging, Fitch notes that it was not large enough to reinsurance attachment points. Fern caused subfreezing temperatures, heavy snow, and freezing ... Read the full article
Delaney to lead K2 Insurance Services’ newly launched CPI division
6th February 2026
K2 Insurance Services has announced the formation of K2 Collateral Protection Insurance (K2 CPI), a new division focused on risk solutions for intellectual property lending. Brian Delaney, a twenty-plus-year veteran of the hedge fund industry, will lead the initiative as Managing Director. Delaney is an industry-leading underwriter bringing decades of capital markets ... Read the full article
Howden raises $703m from bond issuance to fund further growth
6th February 2026
Howden Group, a global insurance and reinsurance intermediary, has completed the issuance of a $690 million add-on to existing $500 million 8.125% Senior Notes due 2032, in a private offering. The offering was conducted under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the U.S. Securities ... Read the full article
Venbrook appoints Awais Farooq as Chief Claims Officer
6th February 2026
Venbrook Group, LLC, an independent insurance distribution and services firm in the US, has announced the appointment of Awais Farooq as Chief Claims Officer. In his new role, Farooq will oversee Venbrook's global claims operations, focusing on driving strategy, enhancing services, and delivering stronger outcomes for clients. He brings nearly two decades ... Read the full article
MGA Polaris Re expands its Construction & Engineering capabilities
6th February 2026
POLARIS Reinsurance Solutions, a Vienna-based managing general agent (MGA), has announced the appointment of Pascal Jaut as Head of Construction & Engineering. Headquartered in Vienna, Polaris Re is a subsidiary of Polaris Corporate Solutions GmbH that focuses on unlocking high-potential markets across Western Europe, Eastern Europe, and the CIS region. “With extensive ... Read the full article
Insurwave appoints Deepak Saigal as Chief Delivery Officer
6th February 2026
Insurwave, the London-based insurtech platform focused on specialty insurance, has announced the appointment of Deepak Saigal as Chief Delivery Officer. In his new role, Saigal will be responsible for strengthening delivery execution across the business and ensuring Insurwave’s platforms continue to meet the evolving needs of insurers, brokers, MGAs, and global ... Read the full article
kWh Analytics boosts renewable energy coverage with renewed Aspen Specialty partnership
6th February 2026
kWh Analytics, a provider of climate and risk management for renewable energy projects, has successfully renewed its agreement with Aspen Specialty, expanding support of its Property Insurance offering for renewable energy assets and projects. Thanks to this extended partnership, kWh Analytics can now insure up to $100 million per renewable energy ... Read the full article
US casualty pricing expected to diverge amid softening P&C landscape: Morningstar DBRS
5th February 2026
As the US commercial property and casualty (P&C) insurance market is experiencing significant softening across most sectors, as of Q3 2025, US casualty lines remain an exception, with rates continuing to rise, Morningstar DBRS highlights in a recent report. The decline in rates had been driven by competition, strong market ... Read the full article
Novee to provide Volt with AI-assisted underwriting
5th February 2026
London-based Volt Underwriting, a Lloyd’s approved coverholder, has partnered with Novee to deploy its AI intelligence layer across its Power & Renewables portfolio. The partnership is designed to enhance underwriting efficiency by providing underwriters with practical risk insights and simultaneously automating labour-intensive data processes. This includes tasks like schedule cleansing, which is ... Read the full article
Reinsurance sector on track to exceed cost of capital for third consecutive year: S&P
5th February 2026
S&P Global Ratings expects most reinsurers to remain well within their annual natural catastrophe budgets and deliver solid results for full-year 2025, noting that the sector is on track to exceed its cost of capital for the third consecutive year (2023–2025) and into 2026. In its Global Reinsurance Sector View 2026, ... Read the full article
Everest outmanoeuvred property cat market at Jan 1, rates still above required technical price: CEO Williamson
5th February 2026
Jim Williamson, President and Chief Executive Officer (CEO) of Everest Group, has praised the excellent job of the firm's reinsurance team in navigating a more challenging market at the January 1st renewals, while also stating that the reinsurer outmanoeuvred the property catastrophe market with average rate declines of 10% globally. Everest ... Read the full article
Stephen Stewart named CEO of Ryan Specialty Canada Limited
5th February 2026
Ryan Specialty, an international specialty insurance firm, has appointed Stephen Stewart, President & CEO of Stewart Specialty Risk Underwriting, a Ryan Specialty managing general underwriter (MGU), to the additional role of CEO of Ryan Specialty Canada Limited. Headquartered in Toronto, Ryan Specialty Canada Limited is the newly formed Canadian operating and ... Read the full article
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