Reinsurance News
Coterie names Brett Saternus as its new CUO
20th May 2026
Coterie Insurance, a tech-enabled, data-powered managing general agent (MGA) specialising in property and casualty (P&C) commercial insurance for small businesses, has named Brett Saternus, FCAS, as its new Chief Underwriting Officer (CUO). Saternus brings more than 15 years of underwriting and insurance leadership experience spanning specialty carriers, insurtech MGAs, and commercial ... Read the full article
Sompo International’s adjusted profit rose 69% and CoR improved to 82.1% in FY’25
20th May 2026
Sompo International Holdings Ltd., a specialty provider of property, casualty, and specialty re/insurance, reported an adjusted profit of $1.7 billion for full year 2025, up 69% from $1.0 billion in FY’24, while its discounted combined ratio (CoR) improved to 82.1% from 90.6%. The company said the improved CoR was driven by ... Read the full article
TWIA’s $2.28bn reinsurance renewal almost signed at comparable ROL to last year
20th May 2026
The Texas Windstorm Insurance Association (TWIA) looks set to secure the entirety of the $1.23 billion of fresh reinsurance it requires to meet its 1-in-50 year probable maximum loss from the traditional market, with Gallagher Re's Allen Cashin confirming yesterday that the programme is now fully committed and will be ... Read the full article
MS Amlin’s insurance service profit rises £92m in 2025
20th May 2026
Global re/insurer MS Amlin, part of MS&AD Holdings, generated an insurance service profit of £307 million for FY'25, an increase of £92 million year-on-year from £215 million in FY'24. The re/insurer has reported an increase in its profits of 79.9%, or £119 million to £268 million for 2025, compared to £149 ... Read the full article
European reinsurers deliver higher profits despite weaker revenue growth in Q1’26: Fitch
20th May 2026
Fitch Ratings, the international credit ratings and research agency, has said that Europe’s four largest reinsurers posted stronger earnings in the first quarter of 2026, although overall revenue growth declined as market conditions became less favourable. In its latest assessment, Fitch Ratings said Munich Re, Swiss Re, Hannover Re and SCOR ... Read the full article
Underwriting and investment performance lift MS Re’s profit to $415m for 2025
20th May 2026
MS Reinsurance, the Switzerland-domiciled global reinsurer, has revealed that 2025 was another strong year for the firm, with net profit after tax reaching $415 million, up from $346 million in 2024. According to MS Re, a wholly owned subsidiary of MSI, which is a core part of the Japanese insurance giant ... Read the full article
Mereo enters excess casualty insurance with Everen Specialty renewal rights acquisition
20th May 2026
Bermuda-based carrier Mereo Insurance Limited (Mereo) has expanded into the excess casualty insurance space with the acquisition of Everen Specialty Ltd.’s (ESL) excess casualty energy portfolio renewal rights. ESL is a member of the Everen Group and a Bermuda-domiciled global insurer for energy markets. As per the terms of the transaction, ... Read the full article
Thomas Kropp succeeds Dr. Thomas Kuhnt as HDI Global COO/CIO
20th May 2026
HDI Global, the corporate and specialty insurance division of Germany-based Talanx Group, has announced the appointment of Thomas Kropp as COO/CIO, who will be succeeding Dr. Thomas Kuhnt. According to the announcement, Dr. Kuhnt will step down from the Executive Board on 30 June 2026 at his own request and following ... Read the full article
ARPC reports ongoing improvements in insurance affordability and availability through cyclone pool
20th May 2026
The Australian Reinsurance Pool Corporation (ARPC), the government-owned agency that manages Australia’s terrorism and cyclone reinsurance arrangements, has released its latest Premium Assessment, reporting continued improvements in insurance affordability and access across areas with the highest cyclone risk. According to ARPC, average home insurance premiums in the highest-risk cyclone regions have ... Read the full article
Helen Haggie named UK Chief Claims Officer at Marsh Risk
20th May 2026
Marsh, a global firm specialising in insurance broking and risk management, has announced the appointment of Helen Haggie as UK Chief Claims Officer, Marsh Risk, effective 20th July 2026. In her new role, Haggie will have overall responsibility for delivering service excellence to Marsh Risk’s UK clients throughout the claims process. ... Read the full article
ANV Group launches LaunchPad incubator for specialist MGAs
20th May 2026
ANV Group Holdings Ltd., an independent global insurance intermediary platform, has introduced ANV LaunchPad, a new incubator platform aimed at helping experienced underwriting teams establish and expand specialist MGA businesses. The company said ANV LaunchPad has been designed to provide comprehensive support throughout the process of launching a new MGA. According to ... Read the full article
Chedid Insurance Brokers appoints Jad Kanbar as Regional CEO
20th May 2026
Chedid Insurance Brokers Network, a fully integrated brokerage network and part of Chedid Capital Group, has announced the appointment of Jad Kanbar as Regional Chief Executive Officer (CEO). With over two decades of insurance and reinsurance industry expertise, Kanbar brings a strong track record in business development, operational leadership, and market ... Read the full article
Hippo expands multi-peril coverage to include wildfire with latest catastrophe bond
19th May 2026
Hippo, a technology-native insurance group, has announced the closing of Mountain Re Ltd. (Series 2026-1), a $100 million catastrophe bond which provides multi-year collateralized reinsurance protection against a broad range of U.S. perils. Sponsored by Spinnaker Insurance Company, a wholly owned subsidiary of Hippo, the issuance consists of a $100 ... Read the full article
Reinsurance Association of America names Donegan as SVP, Head of State Relations
19th May 2026
Reinsurance Association of America (RAA), a trade association for property and casualty reinsurance in the United States, has appointed Susan Donegan as Senior Vice President (SVP), Head of State Relations, effective June 1st, 2026. Donegan is an industry veteran and was most recently serving as Chief Regulatory Officer at the National ... Read the full article
MNRB’s Labuan Re acquisition to strengthen reinsurance focus and boost international growth
19th May 2026
MNRB Holdings Berhad, a Malaysian investment holding company, has announced a conditional share purchase agreement to acquire the remaining 80% equity interest in Labuan Reinsurance (L) Ltd for approximately USD100.69 million in cash. Currently, Labuan Re operates as an associate company of Malaysian Reinsurance Berhad, MNRB’s wholly-owned subsidiary, which holds a ... Read the full article
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