Reinsurance News
SiriusPoint adds John Sauerland to its Board of Directors
4th November 2026
SiriusPoint Ltd., a global specialty underwriter, has appointed John Sauerland to its Board of Directors, effective 1 January, 2027. Sauerland has over 35 years of insurance industry experience, following a long career at Progressive Insurance, where he most recently served as Chief Financial Officer. He has also served on the boards of ... Read the full article
Aon renews ACT for 2027, lifting pre-secured capacity from 28.5% to 35%
4th November 2026
Aon has renewed its Aon Client Treaty (ACT) follow facility for 2027 and expanded it, so that from 1 January clients can access 35% pre-secured Lloyd’s co-insurance capacity, up from 28.5%, on eligible business placed through its Global Broking Centre and on facultative reinsurance placed by Reinsurance Solutions. Since its ... Read the full article
Fortitude Re finalises $3.8bn long-term care reinsurance deal with Unum Group
4th November 2026
Bermuda-based reinsurer Fortitude Re has finalised a USD $3.8 billion long-term care (LTC) reinsurance agreement with Unum Group, a US insurance and employee benefits provider, involving a portfolio of approximately 50,000 individual insurance policies. The transaction, completed through Fortitude Reinsurance Company Ltd. (FRL) and Unum Life Insurance Company of America (Unum ... Read the full article
Lancashire’s 9M’26 insurance revenue edges up 0.7% to $1.41bn as premiums dip
4th November 2026
Lancashire Holdings reported a modest rise in insurance revenue for the first nine months of 2026, even as gross premiums written slipped slightly due to a planned reduction in inwards property retrocession. Insurance revenue increased by $9.9 million, or 0.7%, to $1.4097 billion for the first nine months of 2026, from ... Read the full article
IGI posts net income of $28m for Q3’26 as reinsurance underwriting result improves
4th November 2026
International General Insurance Holdings Ltd. (IGI Group) has reported a net income of $28 million and $70.5 million for the third quarter and nine months of 2026, respectively, down from $33.5 million and $94.9 million in Q3’25 and 9M’25, respectively. The insurer explained that these results “reflected profitable underwriting results across ... Read the full article
UN launches first-of-its-kind disaster insurance programme, backed by Gallagher Re & Liberty Mutual
4th November 2026
The United Nations has launched a first-of-its-kind insurance programme that could unlock up to $40 million in additional funding to help protect people before disasters strike, with Gallagher Re structuring and placing the coverage and Liberty Mutual acting as lead insurer. The initiative works as a financial safety net, designed to ... Read the full article
Resilience promotes Pitcher and Carleton to North America leadership roles
4th November 2026
Resilience, a cyber risk solutions company, has promoted Chris Pitcher to Head of North America Underwriting Strategy and Operations and Alex Carleton to US Distribution Leader. In his new role, Pitcher will continue to shape and execute Resilience's underwriting strategy. He will also take on strategic oversight of distribution and operations ... Read the full article
AIG posts 63% rise in net income, GI combined ratio of 91.3% for Q3’26
4th November 2026
American International Group, Inc. (AIG), the global insurance company, delivered a 63% year-on-year rise in net income to $844 million for the third quarter of 2026, as the firm's General Insurance (GI) business generated net premiums written (NPW) of $6.7 billion, an increase of 7% on the prior year period. After ... Read the full article
MNK International appoints Iain Jeens to lead new US Healthcare division
4th November 2026
MNK International, the specialist Lloyd’s of London broker and part of MNK Group, has announced the appointment of Iain Jeens as Director - Head of US Healthcare to lead its new US Healthcare division. This strategic appointment reinforces MNK International North America's growth strategy to broaden its regional presence and expand ... Read the full article
CNA’s Q3’26 net income drops to $196m, P&C CoR up to 97% amid higher cat losses
4th November 2026
Chicago-based insurer CNA Financial has announced its financial results for the third quarter of 2026, reporting a net income of $196 million, down from the $403 million seen in the same period the year prior. The insurer also saw a year on year decrease in core income, to $203 million from ... Read the full article
Niyam welcomes Babita Rai as Global Head of International Business
4th November 2026
Niyam Group, an Indian-focused reinsurance platform, has announced the appointment of Babita Rai as Global Head of International Business. Rai brings more than two decades of global reinsurance experience and an extensive market network to the role. She joined Niyam from Tysers Singapore, where she served as Chief Executive Officer & ... Read the full article
Premia acquires Cowen Reinsurance from TD Bank
3rd November 2026
Premia Holdings Ltd., the insurance and reinsurance group with operations in Bermuda, the US, the UK and Continental Europe, has completed its acquisition of Ramius Enterprise Luxembourg Holdco S.à r.l. and its subsidiaries, including property and casualty reinsurer Cowen Reinsurance, which has been renamed Premia Reinsurance Europe S.A. The transaction, approved ... Read the full article
SRS Altitude names Sullivan Head of ART for North America
3rd November 2026
SRS Altitude, a managing general underwriter (MGU) specializing in Alternative Risk Transfer (ART) solutions within Strategic Risk Solutions (SRS), has appointed Joe Sullivan as Head of ART for North America. Sullivan stepped into the role on November 2, 2026, to drive the expansion of the firm's North American ART business. Based in ... Read the full article
Serenova Re gets A− ratings from Japan’s R&I
3rd November 2026
Serenova Re, a Bermuda-based reinsurer specialising in life and annuity reinsurance solutions, has received an A− Issuer Rating and an A− Insurance Claims Paying Ability rating, both with stable outlooks, from Rating and Investment Information, Inc. (R&I), Japan's largest credit rating agency. In its assessment, R&I pointed to the backing of ... Read the full article
Novel secures new equity capital from Crestview to support continued build-out
3rd November 2026
Novel Financial Holdings, Inc., a holding company building a diversified underwriting and insurance services platform, has received an investment from private equity firm Crestview Partners to support its continued expansion across insurance underwriting and services while broadening its ownership base. Launched in 2025 and led by CEO Rob Bredahl, Novel ... Read the full article
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